Whether you are an established NGO or a newly budding one, market research is the key that can help you in securing funds, new donors, build connections with your supporters, and strengthen your funding strategy along with a better understanding of donors’ preferences.
So, if you are not competent in market research, now is the time to start!
✔️Understand Donor Characteristics ✔️Develop your Brand to make it more appealing ✔️Shape your Nonprofit’s Strategy in a proactive manner ✔️Ensure you remain attractive to prospective Donors ✔️Improve your Marketing Efforts with a Small Budget ✔️Measure the Brand Awareness and Monitor its impact ✔️Connect with your Supporters to trial New Ideas ✔️Distinguish between the appropriate channels for your fundraising