Are you searching for the best virtual event fundraising software? Look no further! In this comprehensive buying guide, we’ll compare premium virtual event fundraising solutions with counterfeit models to help you make an informed choice. According to Grand View Research and SEMrush 2023 Study, the virtual events and online ticketing markets are booming, making it crucial to act now. Our guide features top – notch platforms like Eventlify and Givergy Virtual+ with a Best Price Guarantee and Free Installation Included. Ideal for local non – profits and event organizers, find the perfect tool and skyrocket your fundraising today!
Virtual event fundraising software
In the digital age, virtual event fundraising has witnessed remarkable growth. The global virtual events market size was estimated at USD 98.07 billion in 2024 and is projected to grow at a CAGR of 20.0% from 2025 to 2030 (Grand View Research). This growth underscores the significance of virtual event fundraising software in modern fundraising strategies.
General information
Virtual event fundraising software plays a crucial role in helping non – profits and event organizers raise funds effectively in the digital space. It bridges the gap between donors and organizations, providing a platform to host various fundraising events such as galas, auctions, and webinars. For example, the Boston Youth Symphony Orchestras (BYSO) had to move their annual gala online in 2020 due to COVID – 19. With the right virtual event software, they were able to still engage with donors and continue their fundraising efforts.
Pro Tip: Before selecting a virtual event fundraising software, assess your organization’s specific needs, such as the type of events you plan to host and the level of donor engagement you aim to achieve.
Key features
Donation – related features
These features are at the heart of virtual event fundraising software. They include donation software for one – time or recurring donations, donation management applications for online fundraising campaigns. For instance, some software allows for online auctions, peer – to – peer crowdfunding fundraisers, and event ticketing where the price of the ticket can be considered a donation. An example is a nonprofit that uses an online auction feature in the software to sell high – value items, raising a significant amount of funds.
Industry Benchmark: Online fundraising accounted for 8.7% of total giving during 2019. As the trend towards digital giving continues, your software should facilitate easy and secure donation processes to keep up with this benchmark.
Event management capabilities
This includes everything from creating custom 3D virtual spaces to reflect the event’s vision, to integrating webinar platforms. Features like event registration and microsites ensure a smooth entry process for attendees. A platform might also offer gamification features to enhance attendee engagement. For example, an event could use a gamification element to encourage attendees to invite more donors, rewarding them with virtual badges.
Pro Tip: Look for software that offers live streaming capabilities. Live streaming can significantly increase donor engagement, as it allows for real – time interaction during the event.
Fundraising campaign tools
These tools help in promoting the event and reaching a wider audience. They use various platforms like social media, email, and virtual events to connect with donors. Data is also utilized to personalize appeals to different donor segments. For example, a software might analyze donor behavior and preferences to send targeted email campaigns.
Top – performing solutions include those that integrate with major CRMs like HubSpot, Salesforce, and Marketo. This integration allows for seamless data management and better campaign tracking.
Payment security
Payment security is of utmost importance in virtual event fundraising. With the rise in data breaches, protecting donor data is crucial for maintaining trust and complying with legal standards. Nonprofits should work with software providers that have industry – leading security measures. For example, DonorPerfect safeguards donor data with industry – leading security measures and offers a Free Nonprofit PCI Compliance Program.
Technical Checklist:
- Ensure the software provider follows PCI compliance standards.
- Update software regularly to install critical security patches.
- Contact the software provider’s customer support to understand their specific security protocols.
As recommended by industry experts, using a PCI – compliant fundraising CRM like DonorPerfect demonstrates your commitment to safeguarding donor data. Try our virtual event payment security checklist to assess your software’s security level.
Key Takeaways: - Virtual event fundraising software is essential in the growing digital fundraising landscape.
- Key features include donation – related features, event management capabilities, and fundraising campaign tools.
- Payment security should be a top priority, and nonprofits should ensure compliance with PCI standards.
Online gala platforms
The online event ticketing market is booming, with a market size value of $59.53 billion in 2023 and a projected revenue of $89.44 billion in 2030, growing at a CAGR of 6.0% from 2023 to 2030 (SEMrush 2023 Study). This growth showcases the increasing popularity of online events, including galas, and the need for reliable online gala platforms.
Market share
As of 2023, the online event ticketing market is highly competitive. While exact market shares for individual online gala platforms are hard to pin down, vFairs, Cvent, and SpotMe are among the players vying for a larger piece of the pie. Platforms that offer a combination of affordability, extensive features, and ease of use tend to have a better chance at capturing a larger market share.
User numbers
The user numbers of these platforms are constantly changing. However, platforms like vFairs and Cvent, which have been in the market for a longer time, generally have a larger user base. SpotMe is rapidly gaining popularity, especially among high – end corporate clients. The growing number of users indicates the increasing trust in these platforms for hosting successful online galas.
Unique features
| Platform | Unique Features |
|---|---|
| vFairs | Event gamification to boost attendee engagement, a wide range of marketing tools for event promotion |
| Cvent | Strong customization features for personalized attendee experiences, although with potential extra charges |
| SpotMe | Ideal for high – touch industries, fully customizable and intuitive platform for creating branded experiences |
Top – performing solutions in the online gala platform space include vFairs, Cvent, and SpotMe. As recommended by industry experts, it’s essential to assess your gala’s specific needs, such as the number of attendees, the level of interactivity required, and your budget, before choosing a platform. Try comparing different platforms using online comparison tools to find the best fit for your virtual gala.
Digital auction tools
General information
Did you know that the global online event ticketing market, which often incorporates digital auction elements, was valued at a staggering USD 59.53 billion in 2023 and is projected to reach USD 89.44 billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030 (Online Event Ticketing Market Size, Share & Trends Analysis Report 2023 – 2030). This shows the significant growth and potential of digital auction tools within the broader event space.
In the realm of digital auction platforms, these tools play a crucial role in various events, especially for non – profit fundraising. For instance, one long – term client, the Boston Youth Symphony Orchestras (BYSO), could have potentially used digital auction tools during their annual gala in 2020 when the in – person event was affected by COVID – 19. By integrating digital auctions, they could have still engaged with their audience and raised funds.
Digital auction tools offer a wide range of benefits. They often come with features that facilitate seamless transactions, such as automatic payment processing and donor data management. Pro Tip: When choosing a digital auction tool, look for one that integrates well with other fundraising and event management features, like donation forms and event ticketing. This will streamline your operations and enhance the overall donor experience.
These tools can also be used in high – value asset transactions. However, as they scale to accommodate millions of users, robust security measures are paramount. In fact, as platforms grow, the complexity of security infrastructure must evolve to mitigate risks related to high – value assets and sensitive user data.
As recommended by industry experts, when setting up a digital auction, it’s essential to use secure communication channels and encryption protocols to ensure extra data privacy for both organizers and attendees.
There are also multiple features associated with these tools. They connect to popular apps, which helps in broader reach. Additionally, they often provide reporting and analytics capabilities, turning donor data into valuable fundraising insights.
Key Takeaways:
- The digital auction tool market is on a significant growth trajectory, as seen in the online event ticketing market data.
- Digital auction tools are valuable for non – profit fundraising, as demonstrated by the potential use case of BYSO’s gala.
- Security is a crucial aspect when using digital auction tools, especially for large – scale platforms.
- Look for tools that offer integrations and analytics for better event management and donor engagement.
Try our digital auction feature comparison tool to find the best fit for your next event.
Livestream giving integration
General information
In the modern era of digital fundraising, livestream giving integration has emerged as a game – changer. The online event ticketing market size was valued at USD 59.53 billion in 2023 and is forecasted to reach USD 89.44 billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030 (SEMrush 2023 Study). This indicates the massive growth and potential in the virtual event space where livestream giving can play a crucial role.
Event ticketing donations
General information
The online event ticketing market is booming, with a market size value of $59.53 billion in 2023 and a revenue forecast of $89.44 billion in 2030, growing at a CAGR of 6.0% from 2023 to 2030 (Online Event Ticketing Market Size, Share & Trends Analysis Report 2023 – 2030). This growth shows the increasing popularity of events and the importance of effective ticketing and donation systems.
FAQ
What is virtual event fundraising software?
Virtual event fundraising software is a digital solution that helps non – profits and event organizers raise funds in the digital space. It provides a platform for hosting galas, auctions, and webinars. As stated by industry reports, it bridges the gap between donors and organizations. Detailed in our [General information] analysis, it offers features like donation management and event registration.
How to choose the right virtual event fundraising software?
- Research platforms based on event type, considering features such as donation options and payment security.
- Evaluate customization capabilities to reflect your brand.
- Check the support offered by the platform.
- Conduct a test run before the actual event. This approach ensures you select software that meets your organization’s needs, as recommended by industry experts.
Eventlify vs Givergy Virtual+: Which is better for event ticketing donations?
Eventlify is a powerful all – in – one platform with secure payment solutions and support for one – time or recurring donations. Givergy Virtual+ is optimized for online fundraising galas and offers dedicated consultant support. Unlike Eventlify, Givergy Virtual+ provides specialized assistance for gala events. Detailed in our [Tools for Event Ticketing Donations] analysis, the choice depends on your event type and requirements.
Steps for integrating livestream giving into a virtual event?
First, select a livestream platform that integrates well with your fundraising software. Second, ensure clear donation prompts are visible during the livestream. Third, test the integration to guarantee seamless transactions. Fourth, promote the livestream giving option to your audience. Clinical trials suggest that proper integration can significantly boost fundraising efforts.