When you reach out and engage with donors, you could be setting the stage for a relationship that lasts a lifetime. This is even more important with your younger donors - however, you need to use the right strategies to begin to build that lasting relationship. What are younger donors looking for? What’s the right approach and what will it take to execute?
In this episode, you’ll hear from Joe Garecht, President of Garecht Fundraising Associates and founder of The Fundraising Authority, about cultivating younger donors. Listen to the episode to learn what donor cultivation means, what the cultivation process should look like, and about the 8 keys to cultivating younger donors that may alter your playbook.
After listening, click on the webinar link in the “Resources” section below to hear more from Joe on this topic, including the younger donor lifecycle and what to do after getting that first gift.
Topics Discussed in This Episode:
- The importance of building lifelong relationships with young donors
- What donor cultivation means to different donors
- The process of cultivation - from weeding out prospects to a set endgame
- Going beyond social media to cultivate younger donors
- Relationships with businesses vs. individuals
- Making your cultivation process scalable
- Telling the story of your nonprofit while including your donors
“Cultivation is what happens in between. It’s all the communication and interaction that occurs between your nonprofit and a prospect.”
“The big goal of the entire cultivation and engagement process, the goal that it’s focused on, is the ask.”
“Don’t spend time trying to cultivate people who just aren’t interested in your organization.”