Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

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Ehren Foss @ehrenfoss [email protected] Social Media Fundraising: What, Why, and How

Transcript of Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Page 1: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Ehren Foss@[email protected]

Social Media Fundraising: What, Why, and How

Page 2: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

http://info.helpattack.com | @helpattack | [email protected]

Who are we?

Page 3: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

http://info.helpattack.com | @helpattack | [email protected]

On Twitter?  #CincyNonProfitI am giving $0.25 to the NTEN each time you use this hashtag, so use it!

http://tweetchat.com/room/cincynonprofit 

http://helpattack.com/joinme/3533

Page 4: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

http://info.helpattack.com | @helpattack | [email protected]

You can fundraise on social media• Without a million followers• Without a post from Justin Bieber• Without adding another job to your day

Page 5: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Social media vs. email fundraising• Goals and groundwork• Tactics & strategy: How can smaller

organizations find success?

http://info.helpattack.com | @helpattack | [email protected]

Getting there

Page 6: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Similarities• Why people give• Conversion rates• Who > How Many• Storytelling

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Social Media vs. Email

Differences• How do people

share?• How do friends ask

friends?• Conversation

Page 7: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Wait, what am I supposed to do?

It's broken in IE7 :-(

Sorry, I'm broke this month.You're asking for too many Facebook permissions!

Actually, I hate puppies.

Yeah, I'll donate - whoa top 10 'Mad Men' quotes? [click]

Oh well, battery just died Ugh, this is a long form.

Jeez, how many pages is this signup?

What's an App?

I just retweeted something about homelesness like, yesterday

Great, I gave online and now they are killing trees

Page 8: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

 

Slide from Sarah Durham / Big Duck http://slidesha.re/GKtWDH  

Social Media vs. Email

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Social Media vs. Email

• Free Arts NYC– 1,200 on FB, 700 on Twitter– Unique visitors: 291 / 1,900 = 15% (25x better)– Pledges: 26 / 1,900 = 1.3% (16x better)

• Driven by Retweets & Sharing

Page 10: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Shareable and Instant: o Kony 2012, Rush Limbaugh, Chris Brown...

• Dialogue: o Komen and Planned Parenthood

• Social AND searchable: o easily find, hear, and interact with actual people

"Social media is a space where the individual reigns, relationships are required, and conversations are public."  

Social Media vs. Email

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• Audience is crucial: Who > How Many• Experiment, test, and improve• Move donors up engagement ladder: Stewardship• "House File" is crucial: Supporter Database• People give because:

o People they know giveo There's an immediate needo They are asked

People give to faces and heartbeats, not

statistics!

More similar than different

Page 12: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Know your potential donorso Made easier by apps, passive data collection 

• Make them feel specialo Easy, and free, to do on social media 

• It's $10, not $10K, but the same model can work

The big donors at your gala probably have a Facebook account to stalk their grandkids.  

Social Media vs. Large Gifts

Page 13: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Set realistic goals• Grow your presence• Reward participation• Use em' if you got em'

o Leverage a special event, celebrity ambassadors, corporate sponsors

• Thank donors!

http://info.helpattack.com | @helpattack | [email protected]

What are best practices for social media campaigns?

Page 14: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

1. Get 10 new donors2. Learn who they are3. Thank them individually

o Not with direct mail4. Follow up

Ten donors giving $25 per month all year is an extra $3,000.  Not bad!

http://info.helpattack.com | @helpattack | [email protected]

What are realistic goals?

Page 15: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

About 6 hours of work over 6 weeks. 

• 1 hour to brainstorm the right kind of campaign for your cause, and the supporters you want to reach

• 1 hour to invite other stakeholders & discuss• 1 hour to ask partners or super-supporters to help spread the word• 30 minutes to write a blog post• 30 minutes to include in an email to your list• 2 hours of monitoring social media• 1 hour to download reports and upload into your supporter database

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What time and effort are needed?

Page 16: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Good.• "Did you know you can

donate by..."• Please give to support the

Animal Rescue Organization

• Please share!• We're trying to raise $25k

this year.

MessagingBetter• Matching deadline today -

Donate now! • Save this homeless dog

today. All it takes is your $5 donation

• Donate, THEN share!• We're trying to raise $250

from our Facebook fans *today*  We're only 3 donations away!

http://www.nonprofitmarketingblog.com/ http://johnhaydon.com

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• Earth Day, Valentines Day, event• …or create one! #oceangiving

 

http://oceana.org/en/blog/2011/11/this-november-celebrate-oceansgiving 

Use it: Leverage a Special Event

Page 18: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Celebrity ambassadorso Local & personal are best!

• Corporate sponsors• Local media, previous supporters

Use em': Partners, Advocates

http://scr.bi/JUUCFo 

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 • Reward participation

o “Like” for a chance to win…o Submit a picture for a chance to win…

• Nonmonetary gifts o Facebooker of the weeko #FF (follow friday)o Pizza box autographed by all staff

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Reward Participation

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Thank supporters/donors right away on social media.  It's free and powerful.

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What's a free and easy way to keep supporters happy?

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http://info.helpattack.com | @helpattack | [email protected]

"Thanks Mackenzie!"

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http://info.helpattack.com | @helpattack | [email protected]

“Thanks @HuntForKatie!”

Page 23: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Provide inspiring stories about what donors are accomplishing with their giving o "Susan just donated enough for 20 thanksgiving

meals! Thank you!"• Be personal• Be specific: "Thanks for volunteering today Brian!"

more: http://www.futurefundraisingnow.com/future-fundraising/2012/02/how-skimping-on-your-donors-can-make-you-lose-your-shirt.html

http://www.bethkanter.org/say-thanks/ 

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Best Practices for Thanking  Donors

Page 24: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Grow Your Audience

Page 25: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Google Grants: Ads• YouTube: Special features• Hope140: Ads, features• LinkedIn: Volunteerism

 http://www.google.com/grants/ http://www.youtube.com/nonprofits https://www.facebook.com/nonprofits http://hope140.org/contact http://learn.linkedin.com/nonprofits/ 

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Special nonprofit benefits

Page 26: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Who: AXIS Dance CompanyGoal: Get local likesMethod: 2 ads    one general (website)     one specific to LikesCost:  ~$15/day 

Results: ~30 unique visitors / day~10 new Likes / day

http://www.bethkanter.org/facebook-ads/https://www.facebook.com/axisdancecomp 

 

Facebook Ads

Page 27: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Use them when you...• need to jump start a new community• need to quickly reach a specific audience• have the budget

Be sure to...• Target by location, demographics, and interest• Test your ads (try different versions)• Invest in your landing pages

Or try sponsored stories...

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Facebook Ads

Page 28: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Make it prettyo Timeline cover: 850x315pxo Add photos o Faces and heartbeats: Your story, not your logo

• Pick the right nameo Hard to change after 100 Likeso Admin Panel -> Help -> Request a name change

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Facebook Pages

Page 29: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Post the right stuffo Like other pages and tag them

"....@[page name], FB will auto-complete Build informal partnerships

o Paste URLs for automatic photo, synopsis• Encourage discussion

o Ask questionso Pollso Private messages

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Facebook Pages

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 Flickr, Tumblr, Pinterest

http://www.socialbrite.org/2012/02/16/what-to-pin-and-what-not-to-pin-on-pinterest/ 

Page 31: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Use Free / Low Cost Tools• Listen: Hootsuite, TweetDeck, SproutSocial,

Google Reader• Measure: Google Analytics, Facebook Insights, 

Feedburner, TweetReach• Manage: Reminders, Bookmarks, Shortcuts

Spend an hour creating social media / online response guidelines for your organization.  Share the logins. It's OK!

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Small to Medium Nonprofits

Page 32: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• You can really know your supporters

• Grow the right audience• Easier to ask them for things

Try this:Choose a random hundred and look at their profiles.  How did they find you?  Who are they?  Why are they following you?  What value can you provide?

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Smallness as an Advantage

Page 33: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Set appropriate goals• Individual attention

o Tie individual donors to specific resultso Personal thank yous

• Get a leg upo Borrow an audienceo Partnershipso Spend when appropriate

• Long term investment

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Small Org Fundraising

Page 34: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• $ per unique visitoro Divide total raised by "Unique Visitors" in google

analytics. • $ per staff hour

o Divide total raised by number of hours• Click to share ratio

o How many people shared? (+1, Like, RT, share)o How many people actually clicked on it?

• Donation page conversion rateo Divide number of donations by unique visitors,

multiply by 100.

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Metrics

Page 35: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

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ROI

Return on Investment (ROI)The ROI of social media should be measured as a long term investment with compounding growth, rather than a short term balance sheet.  

Where would you be without your email list today? 

Page 36: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

• Social media fundraising is far more similar than different from other fundraising

• Sharing is criticalo Make it visualo Make it specific

• Focus on your foundationo General online donationso Supporter databaseo Create culture of listening & openness

• Then pick appropriate tools & campaigns• Try it, measure it, fix it, repeat

http://info.helpattack.com | @helpattack | [email protected]

The Takeaway Slide (Wake up! almost over!)

Page 37: Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)

Thanks for coming!

Blog & resources: http://info.helpattack.com 

Sign up: http://helpattack.com/addcause/search

@helpattackhttp://facebook.com/helpattack(512) 673-7254

Questions?