Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)
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Transcript of Social Media Fundraising (Presented at #CincyNonProfit / Nonprofit Summit)
Ehren Foss@[email protected]
Social Media Fundraising: What, Why, and How
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Who are we?
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
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
• Social media vs. email fundraising• Goals and groundwork• Tactics & strategy: How can smaller
organizations find success?
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Getting there
Similarities• Why people give• Conversion rates• Who > How Many• Storytelling
http://info.helpattack.com | @helpattack | [email protected]
Social Media vs. Email
Differences• How do people
share?• How do friends ask
friends?• Conversation
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
Slide from Sarah Durham / Big Duck http://slidesha.re/GKtWDH
Social Media vs. Email
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
• 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
• 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
• 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
• 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!
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What are best practices for social media campaigns?
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!
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What are realistic goals?
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?
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
• 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
• Celebrity ambassadorso Local & personal are best!
• Corporate sponsors• Local media, previous supporters
Use em': Partners, Advocates
http://scr.bi/JUUCFo
• 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
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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"Thanks Mackenzie!"
• 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
Grow Your Audience
• 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
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
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
• 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
• 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
Flickr, Tumblr, Pinterest
http://www.socialbrite.org/2012/02/16/what-to-pin-and-what-not-to-pin-on-pinterest/
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
• 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
• 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
• $ 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
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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?
• 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
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The Takeaway Slide (Wake up! almost over!)
Thanks for coming!
Blog & resources: http://info.helpattack.com
Sign up: http://helpattack.com/addcause/search
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Questions?