Showing posts with label strategy. Show all posts
Showing posts with label strategy. Show all posts

Monday, February 16, 2009

Fundraising and Twitter - rabbit trail off the Dallas Twestival

Here is an article from the Chronicle of Philanthropy that asks the wrong question.

Hildy Gottlieb urges readers not to succumb to the “sirens song” of social media, which lures charities with the promise of raising money fast—and on the cheap.


I don't know why the conversation of fund raising and social media continues to exist at this level. Sound fund raising principles have continued to be developed over history. Stick with the sound principles, and strategize with how technology might apply with some of the steps and not others.

Acquisition, Cultivation, Solicitation and Stewardship -- which of these steps can best utilize social media?

If you answered Solicitation you are wrong.
If you answered, Solicitation in small amounts, you are still wrong.
Social Media platforms are not naturally conducive for fund raising.

Social media is synonymous with "conversation"
Lets all say it out loud, together...
Social media is synonymous with "conversation"

Cultivation is the step that most naturally utilizes social media. But cultivation has an end goal of solicitation. If your entire conversation is bent towards, "Eventually, I am going to ask you for money." Few people will want to engage in your conversation. Your conversation won't sound genuine.

Do you have permission to solicit your social media audience? Certainly, but if you turn your cultivation into solicitation, you could kill it in a matter of weeks. Use social media as a platform to develop advocates. Advocates can message their own audience on your behalf for small donations. Let them be the solicitors for you, and you won't have to kill the conversation.

Prerequisites for succeess...
1. Willingness to change the way you communicate. (2-way, not 1-way)
2. Willingness to change the way you control conversations. (let go)
3. Willingness to embrace technology in ways that make sense to your strategy. (twitter contains potential tactics, it is not a strategy)

Tuesday, February 10, 2009

Twitter and Fundraising - 2 days 'til Dallas Twestival


Here is the ongoing report of the worldwide Twestival 2009 coming together in Dallas.

If you listened to the conference call that I linked you to yesterday, you heard the reference to other metro areas organizing their own events. Los Angeles is one local event that is coming together with the help of some high profile web celebrities. ijustine put together this video to promote the worlwide and the local LA event.


If you look around at some of these other local tweet ups that are coming together, you'll realize that many of them have set local goals. I have read in several places that the worldwide goal is $500,000. Los Angeles alone has a goal of $250,000. London launched a little music station for all the bands that will be performing called twestival.fm which has it's own $20,000 goal. It will be an interesting number to track and count and see grow. Because it's fundrasing organized from the bottom up, I don't know that there is a central thermometer that we can watch the funds associated with twestival be accurately counted.

Here is the main lesson your organization can learn from Charity: Water and they way they are interacting as recipients of the twitter communities generosity and efforts.

They have let go of their need to control it.
They are not running around enforcing branding standards or editorial platforms.
Charity: Water, I suspect, is just barely riding the wave that will flood over them come Thursday...and they are letting it happen.
Most nonprofits probably aren't engaged in this grass roots conversation enough for it to happen to them. And most would accidentally kill it by trying to control it (if it ever started to happen to them)

If the development cycle for you is...

Acquisition, Cultivation, Solicitation, and Stewardship.

You must have a good Acquisition and Cultivation strategy in order to get close to a good Solicitation strategy. If you are going to engage in social media conversations as part of your Cultivation tactics, you will kill the conversation by turning it into a Solicitation tactic. You will kill it fast.

Charity: Water controls it's Solicitation tactics and strategy. Here is an example of Cultivation naturally bubbling up into it's own kind of Solicitation. Charity: Water is an example to us all by just letting it happen.