Ep. 119: Increasing Your Monthly Donors with Recurring Giving Expert, Erica Wassdorp

EPISODE 119

Increasing Your Monthly Donors with Recurring Giving Expert, Erica Wassdorp

 

About the Episode:

I am thrilled to speak with Erica Wassdorp, a monthly giving expert with over 41 years of experience, today. Monthly giving is on the rise and we’re sharing how to start or grow yours. And the best news from Erica? Your long-term success is more about investing time than money. She highlights the importance of shifting mindsets to see monthly donors as loyal, long-term supporters instead of smaller donors. When you listen in, you will hear practical strategies for engaging your database, from leveraging simple tools to crafting compelling value propositions. She stresses the power of personal connections, testimonials, and automation to enhance the donor experience. Listen to the full episode to unlock the transformative power of monthly giving for my organization!

Topics:

  • Opportunities in monthly giving: Investing time rather than money to focus on younger donors who are comfortable with tech and subscriptions 

  • Cultivating the right mindset: Understanding that growing your monthly donor database is often a long game but the more profitable option 

  • Creating more options for donors: How to constantly plant the seeds of giving for every person in your database via extended campaigns, buttons, testimonials, and more 

  • Optimization for your monthly donors: Helping your donors feel individually seen in each of your campaigns and how to infuse more personal content within automation 

  • Learning from experience: Erica’s insights from being a part of over 50 monthly donor campaigns and why she wants you to take just one step



Think you’ve reached out to “everyone” in your network? Out of ideas to get noticed and get funded?  Generate leads for your nonprofit or social impact business: https://www.splendidcourses.com/prospect


Christina’s Favorite Takeaways:

  • “Donors can’t read minds, you have to tell them that their donations will help your mission sooner or longer.” – Erica

  • “Matches are really magical. They work for anything which means they work for monthly giving as well.” – Erica

  • “I'm a very strong proponent for recycling and repurposing, because we as nonprofits want everything to be new and fresh. But guess what? The donor does not remember what you sent them yesterday.” – Erica

  • “Keep it simple, keep it doable, but try to work in some personal things where you can." – Erica 

  • “When it comes to monthly giving, the biggest thing you can do is just take one step.” – Erica

You can do anything you set your mind to.
— Erica Waasdorp

About Erica:

Erica Waasdorp, President of A Direct Solution, located on Cape Cod, Massachusetts, lives and breathes direct response and fundraising and can be considered a Philanthropyholic. She works with non-profit clients all over the country as well as internationally, helping them with their appeals and monthly giving. Erica Waasdorp published two books and other resources: Monthly Giving. The Sleeping Giant, and Monthly Giving Made Easy, a How-To Guide, the Monthly Donor Road Map, the Monthly Donor Retention Play Book and more. Erica is an AFP Master Trainer, and she regularly blogs and presents in person or virtually on appeals, direct mail, and monthly giving.

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