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It’s a question
that we often ask ourselves. As fundraisers, we’re
constantly balancing multiple demands – and
figuring out the best (and fastest!) way to raise
the most money possible. As social networks have become
main stream, we’ve all thought about the endless
possibilities that this new “world” creates
for us.
But, when we look at the numbers
– we see the fundraising revenue is often lagging
behind our expectations. Facebook “Causes”
pages are considered a success when we see four figure
totals. But, if we think beyond the dollars, we can
see an array of potential – and opportunities
for long term growth.
So, let’s consider why we
should bother investing time and resources in social
networks:
• They are increasingly preferred
to regular e-mail for communication,
• They hold the key to successful
events, especially in diverse locations,
• They are young people’s
“volunteer centers”,
• They add impact to other
“free media” like press releases,
• They reach prospects you
won’t otherwise reach,
• They provide lessons in
recruiting young donors, and
• They are trust builders
that allow others to see that their friends trust
this organization.
We’ve all noticed that when
we’re trying to reach out to younger donors
(and alumni) that we’re more likely to get a
response to something that we’ve posted on Facebook
than we are to an e-mail. So, let’s start paying
more attention to where our “people” are
spending the bulk of their leisure time.
As we cultivate them online through
Facebook, Twitter, even LinkedIn, the gifts (and their
volunteer time) will certainly follow. The revenue
won’t replace your direct mail or telemarketing
efforts, but we cannot afford to ignore these networks.
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