Wednesday, June 12, 2013

Is it still possible to make money in online fundraising?

The short answer to this question is, yes. While the rules have changed a bit since the early days of raising money online, the necessary elements all still exist in great supply. These are; a large and motivated donor pool, innovative organizations and fundraisers and the technology that brings it all together. This post will cover this complex topic with updates to come. In the mean time, voice your opinion on the relevancy of online fundraising in the comments section below.

The first step to success in online fundraising is the cause. While its possible to raise money for just about anything, what really promotes success is having a well defined mission statement. This is something that resonates with donors quickly. The shorter it takes to express your mission statement, the more likely it is that donors will stick around to learn more about your organization and its needs. This does not necessarily mean that they'll make a contribution, but donors who leave your site out of boredom, frustration or confusion certainly wont be making any.

After a well defined cause, presentation is the next most important element of online fundraising. Donors are quick to leave sites that are'nt easy to navigate. Ideally donors should be able to make an online gift in just one or two steps, the more complicated a donation system is, the less likely donations are to be made. Simple. modern interfaces are the key to increasing online donations.

No comments: