HubSpot helps NFPs scale impact as 95% face barriers to growth
Kat Warboys
The vast majority of Australian NFP decision-makers say their organisations experience barriers to growth, including the use of varying software products internally, multiple data sources, no CRM management system and opaque marketing strategies. How do you fix it?˜˜
When you have a big idea, a solution to the world?s problems, you want to get it out to the right audience pronto and start making that positive impact you?ve been dreaming of.
But Australian not for profits (NFPs) are struggling to market themselves to their target audiences, limiting their impact and growth.
Our latest research has uncovered a sobering statistic: 95 per cent of decision makers at Australian NFPs say their organisation experiences barriers to growth.˜
The people we surveyed identified several main drivers of the problem, including different software and platforms being used by different teams in the organisation and having multiple sources of data with no single source of truth.
Ninety-six per cent of the NFPs we spoke to said they struggled with their marketing strategy, with 59 per cent of those saying they were unsure whether their marketing activities were effective. Forty-three per cent said they grappled with how to reach key audiences.
This can create problems for not for profits trying to grow their impact ? that is, your impact will be lessened if you can?t tell your story to the right people.
Successful marketing is even more critical for not for profits than most other businesses as these strategies build awareness for the organisation?s cause and mission, drive donations and attract volunteers and supporters ? ultimately scaling impact.
It?s clear to me, that one of the biggest challenges facing the sector today is the digital systems in use: aging, disparate and legacy systems that restrict growth. This is a concerning trend for the sector as a whole. NFP organisations fill critical gaps in the community to help make the world a better place, and any barriers to this work need to be addressed.
HubSpot's mission is to help millions of organisations grow better, but we knew we could do more to support the unique needs of those organising, fundraising, and driving change in our global communities. That?s why we launched HubSpot for Nonprofits, which helps NFP customers grow better through access to our software, community resources, and support.
Evidence shows that these are the sorts of things that will help NFPs : global industry reports reveal that implementing new technology solutions and upskilling employees to leverage those systems consistently rank among the top five concerns for nonprofit leaders. We know that technical solutions that leave the people who need to use them behind create more challenges than they solve.˜
Additionally, for NFP teams, a focus on ongoing education and support, not just new products, is absolutely critical. The process of adoption matters as much as the solutions themselves. The educational resources within our HubSpot for Nonprofits platform help not for profits understand the purpose of a CRM, removing another barrier to their growth.
We also know that not for profits face additional challenges, like smaller teams, legacy digital systems, and access to fewer resources. Plus, the cost of product maintenance and team training can exacerbate the digital divide. To help with this, we?re offering an ongoing 40 per cent discount on HubSpot for Nonprofits for eligible organisations, along with access to resources and support.