Peer-to-peer fundraising nets U.S. nonprofits $1.1 billion per year and many are interested in getting a slice of that pie. But how can you make sure your technology and tools are up to the task? Get the skinny.
In the old world, peer-to-peer fundraising looked like your friends, colleagues, and neighbors (hi again, Janice) coming at you with an ask to donate to their fun run, and a paper receipt book. These days, Janice is more likely to have a branded, secure donation page of her own hosted by the nonprofit she is fundraising for, and it is likely to have a donor engagement strategy—not only for Janice but also for you.
If your organization is investing in peer-to-peer, you’ll need to make sure your stack and workflows can support the capabilities required by new tools, as well as making the most of the new donor structure.
Your tools should:
In addition to having the right peer-to-peer fundraising software in place, make sure you’re thinking about your customer relationship management (CRM) software. For example, are you using a donor management tool like Blackbaud Raiser’s Edge? Or are you using, or planning to use, Microsoft or Salesforce products as your core CRM? It’s critical that your CRM can handle the two-tier relationship that peer-to-peer fundraising leverages, making it possible to nurture your peer-to-peer fundraisers, as well as engage and convert the end donor.
Our team at Heller Consulting is ready to help you select and implement the right peer-to-peer software to support your fundraising strategies and your overall technology strategy. Contact us to discuss your fundraising and technology goals and get started.
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