In many ways, the second gift you get from a donor is more important than the first. The second gift signals that you may have a relationship. If a first-time donor doesn't give a second gift within 12 months, your chance of ever getting another gift gets shockingly small.
If you're serious about making your new donor acquisition investment pay off, you should put some serious effort into getting second gifts.
Here are some ways, from the Fundraising Trend Spotter blog, at Four simple steps to get a second gift from a new direct mail donor:
- Thank new donors in a warm and personalised way for their first gift.
- Send them a welcome pack.
- Show new donors how you are using their gift to change the world.
- Ask for a second gift within three months of receiving the first gift.
Please note that #4 says "ask for a second gift within three months," not after three months. In fact, three months is perilously close to too late.
I can vouch for these four tactics. I've seen them improve donor retention again and again.
