Year-end giving potential
Year-end fundraising – time for generosity
The end of the year is a crucial time for fundraising because it is the season of generosity. For non-profit organisations, it is an opportunity to increase donations and secure vital funding for their mission. Statistics show that around a third of annual donations are received in the last three months of the year. In December alone, donations in Germany totalled around €922 million (source: Statista). It is therefore important to use this time effectively – a well thought-out, strategically planned and creatively designed year-end campaign is the key to success. In this blog post, we provide you with valuable tips and tricks for creating a successful end-of-year campaign.
Maximum fundraising power – harnessing the potential of end-of-year fundraising
Year-end fundraising is the sum of all appeals and associated income between mid-November and the end of December. The festive season and the turn of the year prompt many people to think about their support. This is the time when they are most likely to donate to organisations they care about, or those that reach them at the right time with the right message. On average, 30 per cent of annual donations are made in December. In 2021, giving in the last three months of the year will account for approximately 37 percent of annual giving (source: Blackbaud Institute), with approximately 10 percent of annual giving coming in the last three days of the year (source: Double the Donation). Up to 30 per cent of all donations are made online (source: Neon One). And if you think it’s not worth sending out more emails after Christmas, think again: 46 per cent of year-end online donations are made in the last week of the year (source: NextAfter). So it pays to stay on the ball between Christmas and New Year. A thank-you email in January is also a good idea. But more on that later!
Giving Tuesday – kicking off a successful year-end fundraising campaign
Giving Tuesday, also known as Worldwide Giving Day, was created as a counter-trend to the consumer-driven Black Friday. It takes place every year on the Tuesday after Black Friday and is the ideal kick-off for year-end fundraising. The aim is to create a sense of solidarity and help among the population. This philosophy is already well established in the USA. In the DACH region, Giving Tuesday is on the rise and is increasingly being used by charities to raise funds. The German Fundraising Association also supports Giving Tuesday and has helped to raise awareness in Germany. But there is still much to be done! The organisations that are now taking the initiative are setting important milestones for the fundraising market in the DACH region. So it’s worth marking this day in your diary and realising its potential.
3 tips for successful end-of-year fundraising
1. Start your year-end fundraising early
The sooner the better. Ideally, when people are in the mood for the end of the year. Early November is a good benchmark or, as mentioned above, Giving Tuesday. 60 per cent of all donations are made without research. This means that the organisations that receive donations are the ones that are out there. That’s why it’s important to get on donors’ minds as early as possible, preferably cross-media. Combine different channels, including offline and online. Donors are always happy to receive a good old-fashioned postcard, which adds a personal touch and extra attention. By combining different communication channels, you can reach a wider audience and increase the impact of your campaigns.
2. Build a relationship with your donors
3. Stay interesting throughout the year-end fundraising period
The key is to avoid monotony and keep your communications varied. This also means that your content has to be good. It is good if it is relevant to users. This includes success stories so that supporters can see the impact of their donations. Most importantly, stay authentic! If you’re used to using email sparingly, don’t overdo it now or you’ll quickly come across as staged, which is bad for trust.
Key Takeaways
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