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Ep 129| Maximize Monthly Giving: The 3-R Incentive Formula (Part 2)
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Content provided by Jena Lynch, Brittan Stockert & Cara Augspurger, Jena Lynch, Brittan Stockert, and Cara Augspurger. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jena Lynch, Brittan Stockert & Cara Augspurger, Jena Lynch, Brittan Stockert, and Cara Augspurger or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Building on last week's episode, today we unpack how nonprofits can transform one-time donors into loyal supporters using the "3-R Formula" — Reciprocity, Rewards, and Recognition.
Jena and Cara share practical strategies to enhance monthly giving and strengthen donor relationships by leveraging the power of incentives.
Learn how to:
- Use reciprocity to create mutual exchange and encourage continued support.
- Offer rewards that reinforce positive giving behavior and foster a sense of exclusivity.
- Provide meaningful recognition to make donors feel appreciated and valued.
Start applying these strategies today to boost your nonprofit's monthly donations and build a stronger, more engaged community of supporters!
Check out our Nonprofit Blog for additional advice on growing monthly giving:
- 10 Quick Tips to Create a Great Monthly Giving Program: Create a Great Monthly Giving Program (Recurring Donations)
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