You do know about the new Online Giving Study just released by Network for Good and created by them and us at TrueSense Marketing.
It's available here (PDF; registration required).
There's a ton of must-see stuff for anyone who raising funds online. Here's just one of the many findings:
This chart shows giving over a three year period by online donors using three different venue types through Network for Good. The difference in performance among the donors is startling.
Blue line: Donors who gave through a charity's website. These donors gave an average of $180 in their first year with a charity. After two years, their average cumulative giving had risen to $257.
Green line: Donors who gave through giving portals, like Charity Navigator or GuideStar. These donors gave $120 in their first year, and after two years, their cumulative giving had only risen to $168.
Orange line: Donors who gave through a social networking site, like Facebook Causes or Change.org. These donors gave $113 in their first year, and only managed to add another $10 over the course of three years.
Meaning: a donor's relationship with the charity makes a financially significant difference over time. The more connected they are at the beginning of the relationship the more subsequent giving. Giving portals create a loose connection between charities and donors. Social networking sites build very little connection at all.
What does this all mean?
- Put most of your online fundraising efforts into getting donors giving on your own website. Portal and social network giving will happen, and that's fine It' just not where the revenue is.
- Do your best to move donors from the low-connection venues to your website.