#GivingTuesday takes place on November 28th this year and wise nonprofits are already planning strategies to leverage this massive day of giving. For 2017, six key factors are conspiring to make this the perfect year for peer-to-peer fundraising - the act of your supporters asking their own community for donations on your behalf - to be a powerful addition for your nonprofit’s strategy.

Here’s why:

Any fundraising professional is familiar with the dramatic scale of #GivingTuesday. $177,000,000 raised online from 1,640,000 individual gifts in 2016 alone. All on one day. 24 mere hours. And that one day, branded just five short years ago, is now the de facto start of the end-of-year giving season.

DaizyLogik, a great group of folks creating custom solutions that tailor Salesforce for nonprofits, is the latest firm to join the Soapbox Engage Partner Program.

Repeat donors are essential to successful fundraising efforts. They can also be notoriously difficult to come by, and are becoming more so. Between 2008 and 2015, donor retention across the nonprofit sector declined 8%. Overall, just 45% of donors come back and give again to an organization in the year after a gift. That number becomes even starker when looking at just first time donors who give again only 23% of the time.

What’s more, post-election realities have affected giving in ways that require nonprofits to innovate in their fundraising efforts. Lynne Wester, famed donor relations expert noted in her blog recently:

“With a finite amount of charitable giving and an ever increasing number of nonprofits, the dollars simply cannot stretch equitably to everyone. Meaning that if one nonprofit experiences a windfall, like the ACLU raising $24 million dollars in one weekend, six times its yearly totals, that this money comes from another nonprofit's bottom line.”

To compete, you must set yourself apart in a sea of nonprofits. One powerful way of doing so is by expressing exceptional gratitude.

A few years ago I attended a fundraising conference and had the chance to hear Stephen Pidgeon of the direct marketing agency Tangible Response speak and my life was changed forever when it came to writing appeals.