The donor lifecycle
The donor lifecycle starts with a spark—an initial awareness and interest. This spark leads to the first donation, a significant milestone.
But the journey doesn't end there. The ultimate goal is to transform this first-time donor into a long-term supporter, a loyal companion on your mission.
1. Awareness: This is the first stage where potential donors learn about your organization and its cause. This could be through word of mouth, social media, events, or any other form of outreach.
2. Interest: In this stage, potential donors show interest in your cause. They might follow your organization on social media, subscribe to your newsletter, or visit your website to learn more.
3. Engagement: Here, potential donors start interacting with your organization. This could be through reading and sharing your content, attending your events, or participating in your campaigns.
4. Consideration: At this stage, potential donors are seriously considering making a donation. They might be researching more about your projects, impact, and financial transparency.
5. First Donation: This is a crucial stage where the potential donor makes their first donation, officially becoming a donor.
6. Stewardship: After the first donation, your organization should engage the donor, thank them for their contribution, and show them the impact of their donation.
7. Retention: In this stage, you aim to keep the donor involved and interested in your organization through regular communication and engagement strategies.
8. Recurring Donation: The ultimate goal is to convert one-time donors into recurring donors who regularly contribute to your organization.
9. Advocacy: In the final stage, loyal donors become advocates for your organization. They spread the word about your cause, attract new donors, and may even get involved in fundraising.