social media fundraising: past, present, and future

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Sponsored by: A Service Of: Social Media Fundraising: Past, Present, and Future Ehren Foss April 18, 2012

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Social media fundraising is still a curiosity - big opportunities for some, frustration and challenges for others. We'll discuss the history of social media fundraising since 2005, and draw lessons from successful campaigns. We will identify specific reasons to start fundraising on social media, and good reasons not to. Finally, you'll be prepared with a set of easy best practices you can do to prepare for the road ahead.

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Page 1: Social Media Fundraising: Past, Present, and Future

Sponsored by:A Service

Of:

Social Media Fundraising: Past, Present, and Future

Ehren Foss

April 18, 2012

Page 2: Social Media Fundraising: Past, Present, and Future

Sponsored by:A Service

Of:

Advising nonprofits in:

• Strategy

• Planning

• Organizational Development

www.synthesispartnership.com

(617) 969-1881

[email protected]

INTEGRATED PLANNING

Page 3: Social Media Fundraising: Past, Present, and Future

Sponsored by:A Service

Of:

Affordable collaborative data

management in the cloud.

Page 4: Social Media Fundraising: Past, Present, and Future

Sponsored by:A Service

Of:

Today‟s Speaker

Ehren FossCEO

HelpAttack!Hosting:

Sam Frank, Synthesis Partnership

Assisting with chat questions:

Riley Croft, Nonprofit Webinars

Page 5: Social Media Fundraising: Past, Present, and Future

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

Ehren Foss@[email protected]

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

Page 6: Social Media Fundraising: Past, Present, and Future

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

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

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

Who the heck is HelpAttack?

Page 7: Social Media Fundraising: Past, Present, and Future

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

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

Past, present, future

Page 8: Social Media Fundraising: Past, Present, and Future

• 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?

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

Best practices:

Page 9: Social Media Fundraising: Past, Present, and Future

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

Page 10: Social Media Fundraising: Past, Present, and Future

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

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

Page 11: Social Media Fundraising: Past, Present, and Future

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

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

Page 12: Social Media Fundraising: Past, Present, and Future

• 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

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

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

Page 13: Social Media Fundraising: Past, Present, and Future

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

Why is sharing important? Response and conversion rates.

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

Social Media vs. Email

Page 14: Social Media Fundraising: Past, Present, and Future

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

Why is sharing important? Response and conversion rates.

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

Social Media vs. Email

Page 15: Social Media Fundraising: Past, Present, and Future

Sharing may boost response rates. FreeArtsNYC campaign for example:

1,200 Facebook fans, 500 Twitter followers. Retweets and shares from other organizations expanded audience

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

Social Media vs. Email

Unique Visitors 291/1,700 (17%) 28x better than email

Pledges 26/1,700 (1.5%) 19x better than email

(vs 0.08%)

Page 16: Social Media Fundraising: Past, Present, and Future

• 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

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

People give to faces and heartbeats, not

statistics!

How are they similar?

Page 17: Social Media Fundraising: Past, Present, and Future

• 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?

Page 18: Social Media Fundraising: Past, Present, and Future

• 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?

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

How are they similar?

Page 19: Social Media Fundraising: Past, Present, and Future

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.

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

How are they similar?

Page 20: Social Media Fundraising: Past, Present, and Future

• Set realistic goals• Grow your presence• Reward participation• 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 21: Social Media Fundraising: Past, Present, and Future

• 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!

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

What are realistic goals?

Page 22: Social Media Fundraising: Past, Present, and Future

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

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

What time and effort are needed?

Page 23: Social Media Fundraising: Past, Present, and Future

2,500 followers ≈ 5-10 donors

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

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?

Page 25: Social Media Fundraising: Past, Present, and Future

• Celebrity ambassadors• Corporate sponsors (JetBlue/FreeArts)

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

Partners, Advocates, Celebrities

Page 26: Social Media Fundraising: Past, Present, and Future

• Reward participation• “Like” for a chance to

win…• Submit a picture for a

chance to win…• Nonmonetary gifts

(feature your picture, story, idea, etc)

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

Reward Participation

Page 27: Social Media Fundraising: Past, Present, and Future

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

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

Grow Your Presence

Page 28: Social Media Fundraising: Past, Present, and Future

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

YouTube nonprofit program, Hope140) for nonprofits

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

Grow Your Presence

Page 29: Social Media Fundraising: Past, Present, and Future

Beth Kanter and AXIS Dance Company

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

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

Case Study with Facebook Ads

Page 30: Social Media Fundraising: Past, Present, and Future

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/

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

Case Study with Facebook Ads

Page 31: Social Media Fundraising: Past, Present, and Future

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

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

Case Study with Facebook Ads

Page 32: Social Media Fundraising: Past, Present, and Future

http://www.facebook.com/NationalParks

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

Real World Example- NPCA

Page 33: Social Media Fundraising: Past, Present, and Future

Thank supporters/donors right away on social

media. It's free and powerful.

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

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

Page 34: Social Media Fundraising: Past, Present, and Future

• Provide inspiring stories about what donors are accomplishing with their givingo "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.htmlhttp://www.bethkanter.org/say-thanks/

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

Best Practices for Thanking Donors

Page 35: Social Media Fundraising: Past, Present, and Future

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

Real World "Thank Yous"

Page 36: Social Media Fundraising: Past, Present, and Future

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

Real World "Thank Yous"

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

Page 38: Social Media Fundraising: Past, Present, and Future

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/

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

Flickr, Tumblr, Pinterest

Page 39: Social Media Fundraising: Past, Present, and Future

• 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

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

Small to Medium Sized Nonprofits

Page 40: Social Media Fundraising: Past, Present, and Future

• 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?

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

Smallness as an Advantage

Page 41: Social Media Fundraising: Past, Present, and Future

• 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

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

Takeaways

Page 42: Social Media Fundraising: Past, Present, and Future

Thanks for joining us!

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

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

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

Page 43: Social Media Fundraising: Past, Present, and Future

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