What Should You Consider When Choosing A Online Fundraising Platform?
Every online fundraising platform must provide options for tracking payments,
analytics and reporting, donor information, and easy integration. These features
will assist nonprofits in launching their online fundraising
initiatives.
The choice of which fundraising platform is most suitable is decided
according to the requirements of every nonprofit. Nonprofits must take into
consideration the following aspects when choosing the best fundraising
platform:
Intuitive, Mobile friendly Interface
Non-profits can reduce time and efforts by using fundraising platforms for individuals it is
simple and intuitive to use. It can allow nonprofits to create donation forms
and websites with a simple copy and paste code. They don't have to master coding
or pay developers. While some platforms for fundraising offer little room for
customization, others allow nonprofits to customize pages for the cause.
The donor pages should use the same color, logo and fonts as the rest of your
site. This will result in rapid recognition of your brand. Since 25% of donors
make their donations via mobile devices, charities should optimize their
donation websites to be mobile-friendly.
Third Party Integration
Other tools that non-profit organizations can utilize include Zapier, Google
Sheets and Slack. These tools all work together to increase efficiency for
nonprofits. So, choosing an application that is able to integrate with the
existing platforms is crucial. This will facilitate fundraising and enable
nonprofits to manage all of their activities from one place.
Donor Management
Donations should not be the only goal of a fundraising platform. Nonprofits
should search for a platform that provides one-stop solutions for donor
management.
Donors must be able to log into their account to update their personal
information as well as download PDF receipts and see their donation history.
This should relieve nonprofits of the tedious task of manually handling the
information about donations.
Text-to-give
Text-to-give fundraising has increased in popularity due to the expansion of
online giving as well as the internet. What is the definition of text-to-donate
fundraising? It allows nonprofits to accept donations through text messages
without much effort. It's the quickest and most straightforward method for
anybody to donate.
This is a one-stop solution when nonprofits have to accept donations at
donation drives, conferences, and events. In this way, charities need to find
platforms for fundraising that support the use of text to give.
Membership
Building and retaining a network of donors is the best method for charities
to raise more donations. This is because it is expected that existing donors
will contribute more than new donors. Additionally, keeping current donors could
help nonprofits keep their marketing costs reasonable.
According to Double the Donation Stats, online giving revenue was up by 40%
when recurring donation choices gained popularity among online contributors.
Organizations should choose the best fundraising platforms for individuals,
which allows them to do the exact same. Non-profits can use online fundraising
tools to design the membership campaign, alter the tiers of membership, and also
access donor information for personalized messages.
Security
Nonprofits can use the fundraising platforms for individuals to increase
their donations by accepting international payment and offering a variety of
payment options. Customers are now able to donate using more than just credit
cards. They also offer payment options such as Venmo and PayPal, Google Pay,
Apple Pay, and Google Pay. Online fundraising platforms must provide greater
security and strict payment regulations.
Find platforms that offer automated fraud detection, SSL/TLS encryption,
tokenization of financial data, as well as two-step authentication. Be aware
that the security of the platform is in direct relation to the organization's
trust and credibility. Donors feel at ease when they give money through a safe
platform.
Affordability
A platform for fundraising online with extra options is a good choice.
However, the platform should not require a sign-up cost or ask for monthly fees
immediately. Some platforms provide a 7-14 day free trial period. Nonprofits can
check to see whether these platforms meet their requirements.
Access to additional features isn't free. Non-profits must think about their needs prior to choose a platform or features. As they expand and expand, they may require additional features. They should therefore ensure it is not at the expense of.
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