Using Social Media To Connect With Millennial Donors

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    Using Social Media To Connect With Millennial Donors - Presentation Transcript

    1. Using Social Media to Connect with Millennial Donors Carol Phillips President, Brand Amplitude, LLC Instructor, Marketing University of Notre Dame
    2. Millennials Are Shaking Things Up
    3. Perception Incompetent Impatient Quickly Bored Unrealistic Immature
    4. Highly Adaptable Reality Global Career-oriented Multi-tasking Attracted to large social movements Interdependent Tolerant Achievers Wired Civic-minded
    5. Millennials Have Spending Power
    6. Millennials are Civic-Minded • Hold the government, institutions, corporations, their peers, society, and themselves to higher standards than any other generation. “Clearly, an independent spirit pervades this generation, and it's fueled by a strong sense of their personal values and beliefs. Among GenYers' most important personal values are authenticity, altruism and community.” – Chip Walker
    7. 61% feel personally responsible for making a difference in the world.
    8. Gen Y Key Value: Fight for What you Believe in “In 2007, I fielded a global quantitative study of Gen-Yers in 13 countries and was surprised to find the No. 1 attitude unifying the generation was: "I would fight for a cause I believe in." A large majority of global Gen-Yers agreed with it from among dozens of other attitudes…” - Chip Walker, Strawberry Frog
    9. Millennials Are Connected Online Social Network Usage - By Age & Gender (All Online Adults; % of Age Group) Total 18-34 35-44 45-54 55+ Have a Facebook or 48 74 47 41 24 MySpace account Update Facebook or 16 29 17 10 3 MySpace account at least once a day Use Twitter (Net) 5 8 7 4 1 Follow people on Twitter 5 8 6 4 1 Use Twitter to send 3 4 5 1 * messages None of these 51 25 50 59 76 Source: Harris Interactive, April 2009 Multiple responses allowed; * indicates less than 0.5%
    10. Golden Opportunity for Fundraising? Millennials Fund raising Apps
    11. Results Are Disappointing The Nature Conservancy and Students for a Free Tibet are the only two "More than 25 million of Facebook’s 200 organizations to raise more than million worldwide members have signed on as $100,000 through Causes. supporters of at least one cause, making it the third-most popular of the more than 52,000 applications on the site … But just 185,000 members have ever contributed through the site. The median gift through Causes is $25. The majority of Causes’ participants have received no donations through the site. Fewer than 50 of the 179,000 groups on Causes have raised $10,000
    12. Online Donations Are Smaller U.S. Charitable Giving 2007 (Billions $) Campaign Obama Online Donations US TOTAL Giving Online $4 Total Online Donations $ $500,000,000 Number Online Donations 6.5 MM Number where Amount < $100 6.0 MM Online Donations Are $306 Collectively Large
    13. Millennials Are Reluctant Donors Two thirds of Millennials donated Religious organizations and less than $100 in 2008. schools are the top recipients of Millennial donations. ‘07 ‘08 ‘07 ‘08 Under $100 71% 66% Religious 25% 35% $100-$499 17% 19% Local Schools 19% 32% $500-$999 4% 7% Federated Charities (e.g. 8% 17% United Way) $1,000-$4,999 2% 4% Disaster Relief Agencies 9% 15% $5,000 or more 2% 1% Human Services (e.g. Habitat for Humanity, big 10% 20% Don’t Know/No Answer 4% 3% Brother/Big Sister) * Yankelovich MONITOR, 2008/09
    14. Attitudes Toward Giving Are Mixed • 18% of Millennials (16-29 years) say the charities they support are one way they express themselves, compared to 26% of Xers and 36% of Boomers.* • 87% of Millennials (defined as 16-29) agree that my priority is to look after my family, charity begins at home.* * Yankelovich MONITOR, 2008/09
    15. How Can You Breakthrough? ?
    16. 1. Invite them to join the Team Millennials relate to heroes and young people with ideas. • Do: Show them how they can get involved and contribute in ways other than money. Like other segments, Millennials are more likely to give when they have a personal connection. • Do: Feature team members who are having an impact.
    17. 2. Give them a Voice. Generation Y wants to be heard so help them tell their story. Make it easy to join the conversation. • DO: Use blogs to encourage two-way conversation. Blogs are usually less formal and more dynamic than a regular websites. Good blogs invite comments and discussion and repeat visits • DON’T FILTER: Allow the negative and positive comments to remain.
    18. 3. Make it Personal. Millennials use social media to connect to people, not institutions. • DO: Feature real people. Be authentic. • DON’T: Don’t be afraid to be transparent and have a little fun.
    19. 4. Use Facebook With Caution Facebook is about connecting with friends, not making friends. Use Facebook to continue a conversation you started someplace else. • DO: Create a company page or a group or a fan page for your organization or event. Use Facebook to seek volunteers, donors and fundraisers (who find other donors) • DON’T OVER DO IT: When people join your group or become your fans, you can send them messages, but not too many. Make them useful.
    20. 5. Embrace Twitter. Twitter is where you find followers. It is the place to begin cultivating future donors. Do: Start ‘following’ people!! Participate – ask questions and respond. Don’t: Underestimate Twitter. Nearly one in five online adults ages 18 to 34 have ever used Twitter or another microblogging platform. The number of users is doubling every month.
    21. 6. Offer lots of ways to contribute. 50% of Millennials agree that regularly donating your time to help others in need is a sign of success and accomplishment.* Do: Make it easy and fun to participate – flexibility is key. Don’t: Over-organize. Millennials will tell you what they want –think Twestivals and ‘groundswells’ vs. big events. * Yankelovich MONITOR, 2008/09
    22. 7. Enable directed giving. Connect their giving to results. Millennials want to know that their contribution, whatever the size, matters. Do: Provide options that allow Millennials to ‘customize’ their giving. One size fits all is not appealing. Personalize the appeal. Don’t: Expect them to contribute to the general fund. Don’t put them on the spot. Avoid direct appeal phone calls or too persistent requests.
    23. 8. Emphasize quantity over quality. Focus on building long-term relationships. Do: Re-orient to a model that encourages thousands of $25 gifts, rather than twenty-five $1,000 gifts. Don’t: Wait for them to pay off their college loans – they can make small gestures now.
    24. 9. Tailor the media to the target. Know your audience and ‘court’ them appropriately using multiple touch points. Do: Have a strategy that fits the media to the target. If you neglect conventional media, you might leave out your core supporters. Social media is for the most ‘techie’. Don’t: Over rely on social media or expect immediate results. Social media is just one piece of the puzzle, not a substitute for conventional methods.
    25. 10. Market with them, not to them. Think of your efforts as multiplying and activating advocates. Do: Work for ‘retweets’ - Encourage donors and fundraisers to publicize their support and progress to their friends. Find ways to give them ‘social currency’ to spend with their friends. Don’t: Wait until you have it all figured out. Put your advocates to work on your behalf. They are in the best position to know how to talk to their peers.
    26. Final thoughts • Millennials are the future of every business, it’s worth getting to know them now. • There are no ‘best practices’ yet – do what’s right for your organization, keep experimenting and testing. • You will give up some control – learn to live with it, grow to love it.
    27. Thank you! Carol Phillips carol@brandamplitude.com www.brandamplitude.com www.millennialmarketing.com www.twitter.com/carol_phillips
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