Thursday, January 21, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

Should charities use AI and data analytics to target potential donors?

Srikanth by Srikanth
January 25, 2018
in Data Analytics
Reading Time: 2min read
A A
0
Should charities use AI and data analytics to target potential donors
12
SHARES
130
VIEWS
Share on FacebookShare on Twitter

There is something we need to accept before discussing anything about AI and Data Analytics. Fund raising events, NGO’s and Charities, they all work for something great, some meaningful cause which can help humanity in ways AI can’t. However, the negative press and media attention towards these types of events have brought a lot of devastation onto them. So, is it time to utilize AI and Data Analytics to target potential donors?

Asking a total stranger for funds

Most of the NGO’s depend on different modes of fund collection. It may be Public Fund-Raising events conducted for rich and elite to contribute their share, or going to door to door knocking and asking for funds. But at the end it is still asking a total stranger for funds which they may not be interested to donate in the first place. This wastes a lot of time and foot work of the NGO’s. Alternative is to use a smarter approach. If the particular NGO knows what kind of people are most likely to donate and what type of people are not, then the work is simplified beyond bounds. This is where AI kicks in with predictive analysis.

Customized Fund Donation

ADVERTISEMENT

AI makes it all the more comfortable to customize the donations according to the individual’s previous donations. Most of the times the predictions are more than accurate which can terrify some people, but everything is under the Privacy rules and regulations. The organizations no longer need to manually evaluate the ask for the donations. Put the previous donations data into the computer and run Machine Learning algorithms, they will be getting a detailed overview of each donor’s capability now and in future. Not only that the problem of asking a total stranger for fund they may or may not be willing to donate is entirely eliminated by this method. Before you even set foot in the donor’s house, you will know what kind of a person he is and what type of donation he is capable of doing. This makes the art of convincing easier. Still there may be tons of people who argue the targeting donors is a privacy violation. However, whatever AI and Machine Learning does is under privacy restrictions, so it can’t be illegal to start with. Also, the person always has the option to ignore these kinds of advertisements if he/she is not interested in that sort of a donation.

In a way, people are losing hope on NGO’s because of the negative press. People are not confident enough to donate to these organizations as they were a decade ago. This begs the help of modern and trending technologies like AI and Big Data. Targeting the specific sector of the people from the huge piling lists helps the NGO’s to have a breathing gap to think of innovative ways to motivate the donors for fund raising rather breaking their heads and wasting all their sweat in just compiling a list of potential donors for the next fund raiser. AI has changed the way we see the world today and it can confidently change the way Charities see the opportunities and help them make better use of their precious resources.

 

 

 

 

Tags: CharitiesFund raisingNGO’s
Share7Tweet2Share1Pin1
Srikanth

Srikanth

Passionate Tech Blogger on Emerging Technologies, which brings revolutionary changes to the People life.., Interested to explore latest Gadgets, Saas Programs

Related Posts

Top 48 Data Analytics Providers For Private Cloud Service
Cloud Computing

Top 48 Data Analytics Providers For Private Cloud Service

January 19, 2021
how to improve data literacy
Data Analytics

What is Data Literacy And different level of Data Literacy

October 29, 2020
Deep Learning Libraries
Data Analytics

Top 10 Deep Learning Libraries for Beginners

August 29, 2020
Understanding the Convergence of IoT and data analytics
Internet Of Things

Understanding the Convergence of IoT and data analytics

August 26, 2020
Role of Data analytics in Company’s culture
Data Analytics

Role of Data analytics in Company’s culture

August 7, 2020
Self-Service Analytics
Data Analytics

4 Business Benefits of Self-Service Analytics & Business Intelligence

May 28, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

What are some of the new innovations in Telehealth?
Tech news

Getting Started With Telehealth Technology: Here’s What Therapists Need to Know

by Sony T
January 21, 2021
10 CMDB Tools That Will Revolutionize 2021
Tech news

10 CMDB Tools That Will Revolutionize 2021

by Sony T
January 21, 2021
What You Need for An Effective Home Office Setup
Tech news

8 Advantages Coworking Spaces Have Over Traditional Offices

by Sony T
January 21, 2021
Best books on Windows 10 for beginners
Tech news

Best books on Windows 10 for beginners

by Sony T
January 20, 2021
5 Areas of Your Business That Can Be Streamlined By Big Data
Big Data

5 Areas to Streamline Your Business with Big Data

by Srikanth
January 20, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.