Online Giving Slowing Down
The Chronicle of Philanthropy released the results of their annual survey of online fundraising this week. While online fundraising continues to grow, that growth has slowed down a bit. The magazine attributes this to the economy, although it also notes that online isn’t off as much as some more traditional methods of fundraising. Other notable findings include:
- Despite its growth, the Internet still provides only a fraction of overall revenue — still in the low single-digits percentage-wise for most groups.
- Asking for low dollar amounts ($1 – $5) in order to get wide participation is working. Although for some groups this has resulted in fewer, but larger, gifts.
- Stand alone emails — as opposed to those that are integrated with direct mail or some other channel — still aren’t doing well unless they include an urgent deadline.
- Rented lists still haven’t caught on, but “chaperoned” campaigns — where another group or company sending emails on behalf of a non-profit — work very well
- Personalizing campaigns — either through creative use of social networks like Facebook or by letting donors have their own fundraising pages and goals — also is very successful.