Sign up to save your podcasts
Or
Share 049 - The 48-Hour Rule
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
049 - The 48-Hour Rule
The 48-Hour Follow-Up Rule: Why Immediate Response Matters More Than You Think
A donor makes their first gift on Tuesday morning. When do you thank them? If you're like most nonprofits, you send an automated receipt and add them to your newsletter cycle. That's exactly why your donor retention rate is terrible.
In this episode, Jeremy reveals the 48-hour follow-up rule - the simple practice that can double your donor retention rate without spending a penny on acquisition. You'll discover why the critical window after someone gives is make-or-break for long-term relationships, and get six specific strategies to implement meaningful contact within 48 hours.
Maria's food bank in Phoenix had a devastating 30% retention rate despite getting hundreds of new donors. After implementing the 48-hour rule, organizations typically see retention jump from 30-40% to 60-70% - that's literally doubling the value of every new donor you acquire.
Learn the psychology behind why immediate follow-up works, get the exact scripts for thank-you calls that donors remember for years, and discover how to set up systems that ensure no donor ever feels ignored after making their first gift.
Perfect for: Anyone frustrated with poor donor retention, development staff who want to maximize the value of new donors, and organizations tired of constantly chasing new supporters instead of keeping the ones they have.
Interested in learning more about Donor Retention? I've created a masterclass in donor retention -- and it's free! Listen now: https://nonprofitfundraising.com/retention/
Key Takeaways:
Action Item: Set up donation alerts in your database and make your first 48-hour follow-up call this week.
View all episodes
By Jeremy Reis
4.7
9696 ratings
The 48-Hour Follow-Up Rule: Why Immediate Response Matters More Than You Think
A donor makes their first gift on Tuesday morning. When do you thank them? If you're like most nonprofits, you send an automated receipt and add them to your newsletter cycle. That's exactly why your donor retention rate is terrible.
In this episode, Jeremy reveals the 48-hour follow-up rule - the simple practice that can double your donor retention rate without spending a penny on acquisition. You'll discover why the critical window after someone gives is make-or-break for long-term relationships, and get six specific strategies to implement meaningful contact within 48 hours.
Maria's food bank in Phoenix had a devastating 30% retention rate despite getting hundreds of new donors. After implementing the 48-hour rule, organizations typically see retention jump from 30-40% to 60-70% - that's literally doubling the value of every new donor you acquire.
Learn the psychology behind why immediate follow-up works, get the exact scripts for thank-you calls that donors remember for years, and discover how to set up systems that ensure no donor ever feels ignored after making their first gift.
Perfect for: Anyone frustrated with poor donor retention, development staff who want to maximize the value of new donors, and organizations tired of constantly chasing new supporters instead of keeping the ones they have.
Interested in learning more about Donor Retention? I've created a masterclass in donor retention -- and it's free! Listen now: https://nonprofitfundraising.com/retention/
Key Takeaways:
Action Item: Set up donation alerts in your database and make your first 48-hour follow-up call this week.