acquisition
A fundraising check list : how to react to the economic crisis?
Let me propose to you a quick “check-list” hoping it could be useful when it comes to adapt your fundraising program to the economic crisis.
Because…yes..there is a crisis going on! You heard about it…except if you are working on street face-to-face campaigns somewhere in Asia. You are probably experiencing changes in redemption or attrition in the last months or years. If not, you should wonder about what to do if your organization arrive to the point where all indicators turns red.
External factors like credit crunch, increased fiscal pressure on individuals, political instability are much more difficult to face that choosing the right headline for your next DRTV campaign. Right now, Italy is a very good example having a temporary government that face the worst economic downturn since last world war II. As a result, many Italian organizations witnessed a terrible second semester 2011. And I am quite sure that all are monitoring their performance indicators daily…looking for new trends! But these will be hard to identify until next political elections in 2013. (more…)