Exploit New Waves of Opportunities that Come With Fundraising in Turbulent TimesFundraising for nonprofit causes has never been an easy job at any one given time.It involves a lot of canvassing to find donors willing to support your causes.You keep convincing donors about the worthiness of your causes.Most importantly, there is a need to win donor loyalty.That is what keeps you going year after year.But it gets much harder to fundraise in tough times.You are dealing with funders whose financial fortunes could crumble in no time.You are fundraising in a period when donors are economically crippled.You are losing donors during a period when you can hardly acquire new ones.A volatile economic situation has tipped the scales against your urgent need for funding already.Yet, the burden of fulfilling your nonprofit causes is growing with each passing day.More and more people are flocking into your nonprofit to seek help.Where do you go from here?You cannot afford to give up fundraising in turbulent times.That would be the shortest path to folding up your nonprofit. But it's never business as usual!It is not the time to scratch the surface and give up so easily.It is time to stretch your fundraising skills to the limit.You've got to dig deep to find donors that are willing to give during the crisis.You've got to diversify beyond your traditional sources of income.You've got to build new partnerships and embrace collaborations.There are always new waves of opportunities in tough times.But you have got to work hard to find the opportunities.
Overhaul of your fundraising strategy is inevitable.