Smss boston2015 keith_hannon

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From Content to Cash: Engaging Alumni on Social Media

Transcript of Smss boston2015 keith_hannon

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From Content to Cash:

Engaging Alumni on Social Media

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From Content to Cash:

Engaging Alumni on Social Media

Goooooooaaaaaaals Crafting Content on the Social Web

The Power of Virtual Volunteers Cashing in

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Full Disclosure… I don’t know everything

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I do know much of what we’re doing isn’t working.

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Is social media the savior?

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Gooooooaaaaalllls!

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Gooooooaaaaalllls! What can social media do for you?

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What I WON’T be talking about today…

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Follow your people know where your audience plays

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Follow your people know where your audience plays

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Via Bime.com

Follow your people know where your audience plays

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Haste makes waste…of time

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Gooooooaaaaalllls! how can social media aid advancement?

Brand exposure

Donations

Event Attendance

Crisis Management

Prospect Discovery

Stewardship

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Beware of the office “post it” person

Hey! Can you share this on the

Facebook page for me?

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Beware of the office “post it” person

Hey! Can you take this static and unappealing

piece of content and post it on Facebook even

though I have no idea what I hope to get out

of it other than people will see it

because it’s on Facebook.

(translated)

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Call Your Shot If you don’t define success, you won’t know if you’re succeeding

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Forget what you know crafting killer content

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Forget what you know crafting killer content

Ah, ha!

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Forget what you know crafting killer content

Authentic Humorous Honorable Assisted

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Authenticity be true to your school

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Authenticity be true to your school

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The Viral Challenge: a social media gimmick

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Everyone ‘s to Laugh

Inject Humor into Your Content Strategy

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Humor establishes rapport

Humor triggers memorability

Humor creates alignment

Via -@KevinJDaum

Why Make them Laugh?

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Water Cooler Talk

Before there was

Facebook, there was

water-cooler conversation

Who shot J.R.??

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The Age of the “Digital Water Cooler.”

“There comes a point in all our lives when a single event;

personal or public, envelops us to a point where we cannot

think, speak or focus on anything else. This is not new by any

means; however, social media has taken it to a level which

may or may not be a good thing.” – Patti Schwartz

Real-time reactions

Real-time feedback

Real-time sharing

Real-time engagement

Your Audience is “Working”

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The Nielsen Global Survey of Trust in

Advertising polled more than 29,000

Internet respondents in 58 countries.

47% of global respondents agreed

that humorous ads resonated the

most. – Ekaterina Walter

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“Start with your customer’s pain point.

Comedy comes from pain, so it’s a rich

area to mine.”

It’s funny because we ask

for money…frequently.

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It’s funny because Cornell winters are cold.

“When a brand shows that it doesn’t always take itself

too seriously, it’s a powerful way to demonstrate

authenticity and confidence, as well as connect with

your community.” - Tim Washer, Cisco

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Get serious, drop the serious.

Relaxing the Brand

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Get serious, drop the serious.

Relaxing the Brand

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It’s funny because Cornell winters are cold.

... It’s engaging because ALL alumni endured it.

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“Self-deprecating humor is sometimes a

powerful way to humanize the brand. When

a brand shows that it doesn’t always take

itself too seriously, it’s a powerful way to

demonstrate authenticity, as well as

confidence.” – Tim Washer

It’s funny because Cornell

ISN’T like Andy Bernard

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Self-deprecating humor is sometimes a

powerful way to humanize the brand. When

a brand shows that it doesn’t always take

itself too seriously, it’s a powerful way to

demonstrate authenticity, as well as

confidence. – Tim Washer

It’s funny because Cornell

ISN’T like Andy Bernard

..but he WAS our commencement speaker.

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“Add a funny sidekick. A simple approach is to

have a company expert tell a story and toss in a

few humorous responses along the way to help

you reach a different audience.”- Tim Washer

85,000 views

14,000 views

10,000 views

37,000 views

Power of the President

…and the mascot.

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Honor It’s not about us, it’s about them

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Honor What can we learn from Game of Thrones?

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NOTHING.

Honor What can we learn from Game of Thrones?

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Honor Give your audience what they want and/or need

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Honor Give your audience what they want and/or need

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Honor Give your audience what they want and/or need

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Honor Always try to make them the star of the show

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Honor Give your audience what They want and/or need

Think beyond content that is self-serving

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Honor Give your audience what They want and/or need

Think beyond content that is self-serving… And you just might get the desired response

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Assist Even the most brilliant content needs a little help from friends

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Assist Even the most brilliant content needs a little help from friends

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Assist Even the most brilliant content needs a little help from friends

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Assist

when you post something on Facebook, you must boost it

Boost it good.

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Assist

when you post something on Facebook, you must boost it

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POWER OF THE PERSONAL NETWORK THE RISE OF VIRTUAL VOLUNTEERS

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How do we cash in on social engagement?

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YOU CAN RUN, BUT YOU CAN’T HIDE THE BURDEN OF ROI

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WHAT WE

LIKE TO DO

My super power

is engagement!

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WHAT WE DON’T LIKE

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WHAT WE HEAR

DONATIONS, DONATIONS, DONATIONS!

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OUR RESPONSE

engage, engage, engage.

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COMMUNITY MANAGER

KRYPTONITE

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THE ART OF LISTENING IT’S ALL ABOUT WHAT THEY ARE SAYING

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MONITORING

SOFTWARE

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MONITORING

SOFTWARE

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Are you having a conversation or

just talking through a megaphone?

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$115,000 raised

1,300 donors

CORNELL CROWDFUNDING PILOT

Average gift = $88.00

(7 projects)

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64% First-Time Donors

13% Lapsed Donors

27% Young Alumni

August 2013 – December 2013

ADDRESSING THE UNENGAGED

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PARNTERING WITH RESEARCHERS AND FUNDRAISERS

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IT’S NOT

GOOD VS. EVIL

I’m a FRIEND-raiser!

VS.

My ONE friend beats

your one-thousand.

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THE BELIEF:

WE SERVE DIFFERENT PURPOSES

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THE REALITY:

WE’RE ALL FUNDRAISERS

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FORMING A

PARTNERSHIP

Prospect Research

Gift Officers Social Media

Annual Fund

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“We’ve reached out for the last two years and…silence.”

- Cornell Major Gift Officer

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TEAMING UP:

PLAYING TO OUR STRENGTHS

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Happy VP (and less skeptical)

of Development

REVERSING

THE FLOW

600 ADDITIONS TO MG ANALYZED

• Included alumni, alumni ND, parents, and

friends

• 60% had confirmed profiles on LinkedIn

JUST ALUMNI

• 65% had profiles on LinkedIn

• 15% already belonged to our private LinkedIn

group and we didn’t know it.

July 2014 – August 2014

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The Old Prospector

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Higher Ed’s Old Prospector AKA Gift Officer

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$5M - $10M

$100k - $300k $500k - $1M

$1M - $3M

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Industries Finance Medicine Law Energy Media Entrepreneurship

Titles Managing Director Managing Partner Partner Owner CEO/CFO/COO/CMO President Chairman Surgeon/MD Principal

Company Size Myself Only 1-10 250-500 1000-5000 10,000+

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Asking the Right Questions

“What class at Cornell was instrumental in helping you achieve occupational success?”

(2012)

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Asking the Right Questions

“What class at Cornell was instrumental in helping you achieve occupational success?”

(2012)

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(2013)

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Asking the Right Questions

(2014)

(2015)

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Some like this.

Others like this.

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Some people like this.

Other people like this.

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FY 2014

• 60 nominees processed

• 96% assessed at 25K+

• 42% assessed at 100K+

• 10% assessed at 250K+

THE SOCIAL MEDIA STAMP

PROSPECT NOMINATION

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THE SOCIAL MEDIA STAMP

PROSPECT NOMINATION

FY 2014 Nominees:

• Only 8 made a gift in FY14

• 21 have never made a gift to Cornell

• Total lifetime giving = $42,000 (57% from 2 gifts)

• MINIMUM capacity of nominees = $1.4 million

(assuming everyone has at least $25k capacity)

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OVERALL

• 400+ nominees

processed

• 80-85% assessed at

$25K+

• 35% assessed at $50-99K

• 25% - 30% assessed at

$100K+

THE SOCIAL MEDIA STAMP

PROSPECT NOMINATION

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New Prospector?

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Establish goals and KPIs.

Design compelling, authentic content that competes.

Harness the power of the virtual volunteer.

“Cross the aisle” and collaborate with fundraisers/prospect research.

Listen as much as you broadcast.

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QUESTIONS?

@KeithHannon

[email protected]

THANK YOU!