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Vendor Relationship Management: Why Nonprofits Should Care

Tech Soup

Vendor Relationship Management is meant to serve as the customer-side counterpart of CRM. These fall into the category of CRM. I don't have any control over what information Facebook retains about me or about TechSoup. We like to be ahead of the trend here at TechSoup, however. VRM: A Quick Explainer.

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Retention Strategies for Different Types of Donors from Year End

Qgiv

Even though many nonprofits use the season as an acquisition tool, it’s an even bigger opportunity to retain the long-term support of year-end donors. Reducing attrition by retaining year-end donors To prevent attrition, many nonprofits double down on donor acquisition efforts.

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5 Ways To Use Nonprofit Bookkeeping for Donor Stewardship

The Fundraising Coach

You can also supplement this data with details from your constituent relationship management (CRM) system or donor database to further personalize messages. A bookkeeper’s case study can spread the word that a trustworthy professional handles your nonprofit’s books, so potential constituents know there’s accountability.

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“We aren’t renewing donors we acquired online last year as we have in the past…”

NextAfter

Simply relying upon the email program to renew donors acquired last year was flawed because the very best they could do with that channel mix would be to only retain 36% of their new donors from last year (or those that currently were engaged with the email program). We needed a multichannel strategy in place to reach these donors.

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Fundraiser Troubleshooting: 3 Hurdles + How Software Helps

The Fundraising Coach

For instance, you might already use a marketing tool to schedule posts and emails in advance or have a CRM to track donor relationships to free up your team’s bandwidth. Issues like these can make it feel like the sky is falling, but investing in the right software solution can help you overcome them.

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10+ Top Fundraising Consulting Firms: Find the Best Partner!

Fundly

On a retainer basis: This typically involves paying a fixed monthly fee to retain the consultants services for a set amount of time. This could mean helping you implement a data warehouse , training your team to take full advantage of all your CRM has to offer, or creating a data management strategy for your organization.