Social Media Fundraising: Past Present & Future #npweb

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http://info.helpattack.com | @helpattack | [email protected] Ehren Foss @ehrenfoss [email protected] om Welcome! Social Media Fundraising: Past, Present, and Future

description

An overview of social media fundraising. Comparison to email, best practices for small organizations, and ways to expand your audience.

Transcript of Social Media Fundraising: Past Present & Future #npweb

Page 1: Social Media Fundraising: Past Present & Future #npweb

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

Ehren Foss@[email protected]

Welcome!Social Media Fundraising: Past, Present, and Future

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HelpAttack! is social media fundraising:• Turns Facebook updates, Tweets, #hashtags, blog

posts...into microdonations.• Facebook & Twitter Apps for nonprofits• Consulting too 

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Who the heck is HelpAttack?

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• From email to blogs to social networks• Convert offline & email fundraising expertise• Social CRM, social media is a channel

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Past, present, future

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• How is social media fundraising different from online fundraising or email?  How is it the same?

• Case studies and best practices:   What goals are realistic, and what effort is needed?

• How can smaller organizations find success?

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Best practices:

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Past

• Ashton Kutcher? Brands?o "Action triggered" cause marketingo Companies taking risks & innovating

• Email = biggest social networko Focus on email acquisition

• Coordinate multiple channels• One-offs

o Twestivalo 12kfor12ko Tweetsgiving

• Some Infrastructureo Facebook Causeso Rt2Give

http://bit.ly/IFdLI5 - historyhttp://bit.ly/HZTh0V - 10 lessons

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Present• Interest but not demand• Shiny new thing syndrome?

o Becoming process & results driveno "Donor database" ==> "Supporter database"

• Small slice of $20B given onlineo Most people not yet habituated to $ on SM

• More infrastructureo HelpAttack!, SmallAct, Causes.com, donation

tabs...o Mobile & native app developers

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Future• Social media fundraising becomes a channel• NFC (near field communication)• Portable payment information• We will assume...

o Donation an option through major SM networkso Coordinated supporter experienceo Coordinated fundraising, awareness, advocacy

campaigns

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• How people share - you can forward a fundraising email, but do you?

• Friends asking friends - peer to peer fundraising• Platforms driven by both:

o Causes, Crowdrise, CauseVox, FirstGiving, Greater Giving, HelpAttack!, etc

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NOTE: it's up to you, not the tool, to grow a relationship with those donors outside of the particular tool they are using.  

Social Media vs. Email

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Why is sharing important?  Response and conversion rates.

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

Social Media vs. Email

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Sharing may boost response rates.  Take a FreeArtsNYC  HelpAttack! campaign for example:

 

FreeArtsNYC had around 1,200 Facebook fans and around 500 Twitter followers for a total of around 

1,700 in their social media audience.

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Unique Visitors

291/1,700or17%

28x better than email 

Pledges 26/1,700or1.5%

19x better than email (vs .08%)

Social Media vs. Email

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Other differences:• Instant: Kony 2012, Rush Limbaugh, Chris Brown...• Dialogue: Komen and Planned Parenthood• It's...social: see and interact with actual people

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"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 crucialo How big?o Who are they, and what do they care about?

• Experiment, test, and improve• Move donors up engagement ladder  • "house file" is crucial• People give because:

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

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People give to faces and heartbeats, not

statistics!

How are they similar?

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• Not everybody sees each message.• Not everybody responds.

o Conversion rate• Each step in a process reduces response.

o Conversion funnelo 10% x 10% x 10% = 0.1%!  (need 1,000 people to

start)• Part of every community is dead weight.

o Abandoned accounts, bots, spam folders..

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How are they similar?

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• Grown the sameo Starts with zero peopleo Takes time and effort

• Cost resources at firsto More than donations produced

• Worth it!

Where would you be without your email list today?

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How are they similar?

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Return on Investment (ROI)Like email, the ROI of social media should be measured

as a long term investment with compounding growth, rather than a short term balance sheet.  

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How are they similar?

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• Set realistic goals• Grow your presence• Reward participation• Leverage a special event, celebrity ambassadors,

corporate sponsors• Thank donors!

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What are best practices for social media campaigns?

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• Get 10 new donors• Learn who they are• Thank them personally• Stay in touch with them

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

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What are realistic goals?

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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• 1 hour to tell partners or super-supporters and ask them 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 social media monitoring

• 1 hour to download reports and upload into your supporter database*can vary depending on you and your organization

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What time and effort are needed?

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2,500 followers ≈ 5-10 donors

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How do you figure?If you have around 2,500 followers, you’ll probably get 25 hits to the linked URL, and a few will complete the action. Repeat the ask in different ways to get to 5-10 donors. 

What should I expect?

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

 

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

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Leverage a Special Event

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• Celebrity ambassadors• Corporate sponsors (JetBlue/FreeArts)

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Partners, Advocates, Celebrities

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 • Reward participation• “Like” for a chance to

win…• Submit a picture for a

chance to win…• Nonmonetary gifts

(feature your picture, story, idea, etc)

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Reward Participation

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• Borrow an audience• Reach out to 10 people with 500 followers • Volunteers, other nonprofits, media, activists

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Grow Your Presence

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• Ads on Facebook, Twitter, Linkedin• Advertise on Google, Bing• Special programs (Google Grants,

YouTube nonprofit program, Hope140) for nonprofits

 

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Grow Your Presence

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Beth Kanter and AXIS Dance Company

 

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http://www.bethkanter.org/facebook-ads/, check it out!  

Case Study with Facebook Ads

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Who: AXIS Dance Company and Beth Kanter

Goal: get local likes

Method: 2 kinds, one general and one specific

Cost:  $5/day for the general, $8/day for the specific and decided to go for pay/click because we wanted to them to click through to our AXIS Facebook page and ‘Like’ us on Facebook

http://www.bethkanter.org/facebook-ads/

 

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Case Study with Facebook Ads

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Axis Dance Company Results:• First 24 hours / $13 total budget• 67 Page Views• 28 Unique Page Views• 17 new likes (10 directly from the ad)• $13 for 10 likes

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Case Study with Facebook Ads

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http://www.facebook.com/NationalParks 

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Real World Example- NPCA

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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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• 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

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Real World "Thank Yous"

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Real World "Thank Yous"

http://www.youtube.com/watch?v=vBrc4c_1jio&feature=player_embedded

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 Flickr, Tumblr, Pinterest

Make it visual! Find your "inner Picasso"

from Noland Hoshino guest post on John Haydon's blog, check it out!http://www.johnhaydon.com/2012/02/not-pin-on-pinterest/ http://pinterest.com/nolandhoshino/ 

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What NOT to post• Company logos

• Long paragraphs• Non-visual stuff 

• Small images• Enormously long infographics. Instead, cut out sections

that’s interesting• Anything that violates Pinterest’s terms of agreement"

from Noland Hoshino guest post on John Haydon's blog, check it out!http://www.johnhaydon.com/2012/02/not-pin-on-pinterest/ http://pinterest.com/nolandhoshino/ 

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Flickr, Tumblr, Pinterest

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• Find your ideal supporters• Friend them or Follow them• They will likely follow back if you engage them

with questions or content• Personalize the account with a picture, a voice

and even a brief bio of the person posting• Use tools like HootSuite, TweetDeck

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Small to Medium Sized Nonprofits

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• 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

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• 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

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Takeaways

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Thanks for joining us!

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Questions?