Have summaries of our latest blogs delivered to your inbox, so you can stay up to date on the topics and current events that matter to your business.
For nonprofits, every opportunity to build stronger relationships with donors and partners is essential. But to make the most of corporate partnerships, sponsorships, and fundraising, nonprofits need accurate...
Artificial Intelligence (AI) is revolutionizing business research, transforming how companies gather, analyze, and apply data. As AI technology evolves, its applications in business research become more...
With the wealth of information available today developing at a breakneck speed, conducting quality research is more vital than ever. However, sifting through the sheer volume of content to find precisely...
While many nonprofits are well-aware of the importance of conducting donor research as part of the fundraising process, there are still plenty of aspects of due diligence worth learning about. Donors have...
Consulting jobs can consist of a wide variety of tasks—ranging from social media marketing strategy to research and analytics—but no consultant can be successful without the proper tools. To...
Who doesn’t love a good story? As Harvard Business Review pointed out in 2014, “We humans have been communicating through stories for upwards of 20,000 years, back when our flat screens were cave walls.” These days, ways, reasons, and places that stories are told has expanded even further. Forget flat screens. People—including prospective donors for your non-profit or University—are inundated with messages on a multitude of channels and devices. How do you ensure your fundraising appeals get heard (or seen)?
A louder megaphone isn’t the answer. You need to break through the noise with messages that enable meaningful connections. Not only can a shareable story extend the reach of non-profit fundraising campaigns, but it can help you reach the right people and spur action:
Neither are statistics, at least not on their own. That’s where storytelling offers real value. “Donors give to help solve a problem. Whether that problem is to feed the hungry, make education accessible, save the environment, get more pets rescued or eliminate systemic racism, the job of a story is to stir feelings within your supporters’ hearts and minds,” writes the Association of Fundraising Professionals.
While impressive percentages provide evidence, they don’t necessarily get the blood pumping or leave a lasting impression. In fact, research at Stanford University found that after listening to a one minute speech featuring three statistics and one story, only 5% of listeners could remember a single statistic, but 63% could recall the story.
Before you craft the stories to support your fundraising goals, you need to understand your audience. Whether you want to create one-on-one engagement with a high-value contributor, reach a new demographic to expand your donor base, or connect with companies based on their Corporate Responsibility initiatives, conducting research is crucial.
Given its wide availability, it can be tempting to turn to the open web for non-profit donor research. But Google’s convenience makes more sense when you’re looking for the best local coffee shop than insights into donors. Open web searches tend to serve up sources that have the strongest SEO game, rather than the most relevant content.
Even if you by-pass the sponsored results, your research can turn into a time-consuming, costly treasure hunt that yields outdated material, dubious sources, and more questions than answers. Plus, those frustrating moments when you think you’ve uncovered a real gem, only to get stopped in your research tracks by a paywall.
Choosing a cloud-based research platform empowers non-profit donor research that delivers real value. Nexis for Development Professionals, for example, aggregates a market-leading collection of sources that are ideal for discovering actionable insights. Search from one place to find:
Once you have a solid understanding of your intended audience, whether it’s one person or one thousand, you’re in a better position to tell a story that ignites a passionate—and giving—response.
Want more storytelling best practices? Request a free trial of Nexis for Development Professionals to see how non-profit donor research can give your fundraising a boost.
* Access to U.S. Public Records content is subject to credentialing. Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors.
Due to the nature and origin of public record information, the public records and commercially available data sources used in reports may contain errors. The LexisNexis Public Records services are not provided by “consumer reporting agencies,” as that term is defined in the Fair Credit Reporting Act (15 U.S.C. §, et seq.) (“FCRA”) and do not constitute “consumer reports,” as that term is defined in the FCRA. Accordingly, these LexisNexis services may not be used in whole or in part as a factor in determining eligibility for credit, insurance, employment, or another eligibility purpose in connection with which a consumer report may be used under the FCRA.