Peer-to-peer (P2P) fundraising remains one of the most powerful tools for nonprofits to expand their reach, raise money, and energize their community.
But how do you run an effective peer-to-peer event when social media tactics and donor expectations change constantly?
We recently sourced 12 questions about peer-to-peer fundraising, all from online forums and discussion boards. And we asked fundraising expert Samantha Otero to provide best practices from the dozens of fundraisers she supports every year. Let's dig in!
The ideal peer-to-peer fundraiser length is usually 6-8 weeks. That's enough time to build momentum and keep fundraisers engaged, without burning them out. A "too short" campaign sounds risky, but a "never-ending" campaign is more damaging! Only run a campaign as long as you can get participants excited and keep them excited.
Of course, you know your community best, so be sure to tailor the campaign to them. (And this is a great question to ask in a survey.)
Much like a marathon, it’s not just about the finish line—it’s about creating motivating mile markers along the way. Break down the overall goal into smaller, more achievable milestones for your individuals and teams.
Then create goals, rewards, and recognition for each tier.
Some people are deeply dedicated to the cause, but equally uncomfortable talking about themselves and asking for help.
It's especially hard to sit down and get started. Make promotion easy, and eliminate those small moments of friction that lead to procrastination.
It's all about communication!
First, prioritize what's most popular among your volunteer community. Then create a simple, centralized toolkit with resources to suit, like personal campaign pages, email prompts, text or phone scripts, or Instagram templates. It's more important for peer-to-peer volunteers to be comfortable and authentic than to be "everywhere."
And when in doubt, a short first-person video about their personal connection to the cause will almost always generate great engagement.
>> Related: A Nonprofit's Guide to Peer-to-Peer Fundraising <<
We have to meet donors where they are. And they're probably on their phones! It's essential to offer quick-and-easy engagement from a phone. Consider:
Yes! Livestreaming is a fantastic way to authentically share the event experience, especially for participants who can't otherwise attend the event.
It's also dead simple: there's no music or editing. Just set up a tripod and lifestream directly on popular channels like Instagram, TikTok, or YouTube. Think how fun it would be to watch a polar plunge! All with a donation link in the corner.
>> Related: Customizable Peer-to-Peer Project Management Template <<
Start by being a consistent communicator:
Growth metrics go far beyond dollars raised. To get a more comprehensive view of a campaign's effectiveness, consider:
But also consider the impact on the cause itself... How many people did we help? What programs did we fund?
Lastly, survey participants and donors! Ask them what went well, what they liked, and what they would change. Asking some of the same questions every year will also provide interesting trends.
With peer-to-peer fundraising, support is a two-way street.
First consider free incentives. Personalized recognition on social media, shout outs during meetings, and leaderboard tracking are all powerful motivators.
Then consider small gifts for each tier of fundraising, such as event tickets, swag, or gift cards. And it may be counter-intuitive, but small financial incentives have great fundraising ROI.
This is another great question to ask in a survey. But if you lack that data:
>> Related: 7 Peer to Peer Fundraising Event Planning Mistakes<<
First, send post-event surveys to learn what worked and what didn’t. Then apply those lessons to the next campaign. Listening to our community goes a long way.
Then, make sure to send a rotation of:
And remember the risk of burnout, and ramp up communications and pressure only in the throes of the campaign itself.