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Crowdfunding 101
Presented by Lesley Mansford, CEO
?
? What is Crowdfunding?                   ?

    Crowdfunding describes the collective
    effort of individuals who network and pool
    their resources,usually via the internet, to
    supportefforts initiated by other people
    or organizations.
The power of social.
  Your network trumps your wallet.




                                     Your LinkedIn in network.
Why you should love it…

It’s Easy        It Increases Your
                 Donor Base
It’s Efficient
                 It Increases
It’s Social      Donor
                 Engagement
A new generation of givers
                are online.
“Donating makes me feel
wonderful, it gives me a
great sense of self-worth.”
– Donor, Millennial
                              75%of millennials donated in 2011
                              63% Volunteered in 2011
                              70% Solicited donations from their
                                      network for a cause.
Plan ahead.
1) Set a realistic   2) Tell a compelling story
goal                 4) Start with your inner
3) Set a deadline    circle
5) Start!            6) Don’t be scared of
                     asking
Fundraiser = Campaign
Your fundraiser
should look like this.




                            promote   promote      promote

    start                                                                  end


                                                                                 Not
                                                                                 like this.


    start         promote                       Deadline panic. Promote!
                                                                           end
Tell your story.
Be Creative
Images are powerful.
Videos even more so.


                   Fundraiser with
                 video typically earn
                      4X more.
Have some fun.




          Because supporting the arts
               is a no-brainer.
Have some more fun.
This ED put himself in a
     locked cage.
Now start promoting.
Start with your inner circle.
                          Build momentum, then branch out.

     Staff
     Board of Directors
     Key Influencers



                                                             Volunteers
                                                             Friends




Donors
Your Social Network
Don’t be afraid to ask clearly.
  Ask Clearly.
 “
                                           ”

     Tie to Direct Impact
“ $10 provides 500 liters of clean
drinking water to refugees in Somalia. ”
Customize asks by network.
Share and ask your donors to share.
       One Facebook share is worth a lot.




                       =        $18
Stay in touch.
Announce when when milestones have been met.
      Send “thank you” notes to donors.
Keep donors engaged.
      Give shout-outs.
Show donors their impact
Drive participation with competition.
Questions?
 Lesley Mansford
lesley@razoo.com
 @lesleymansford,
      @razoo
  www.razoo.com

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Lesley Mansford - Crowdfunding for Causes 101

Notas do Editor

  1. Accountability is important. In fact, the Millennial Donor report says it’s the second most important factor behind a peer request in garnering donations. Treat donors like investors. Show them how their money will benefit society and make a difference. Highlight videos of beneficiaries. Let them tell their story to donors.Lastly, they want you to use social to provide access.
  2. Idea – it’s a campaign plan it before you put up your page
  3. PERHAPS WE JUST SHOW THE KID VIDEO HERE???? Girl with post it notes
  4. People like to have fun — not feel guilty. Humor, if used tastefully, can add a good dose of levity and fun to your fundraising effort. Even as you’re solving the world’s major problems, you can have some good laughs. Entertainment is another great way. This Ferrari dealer celebrated its heritage by offering a screening of an acclaimed Italian film and donated proceeds to charity. Humor and entertainment are part of what can make the giving and fundraising effort more social.
  5. Speak to widgets and facebook
  6. It is important to customize communications by network—Email, Facebook, Twitter, Google+, etc. Different networks have unique interests, nomenclature (particularly Twitter), as well different lengths for content. Make sure you are honoring your unique communities with specific asks that resonate with them. To post unilaterally will yield lower results, and may come off as spammy.
  7. You can use incremental goals and updates to keep your donors engaged in your ongoing story. Not only will your supporters enjoy seeing your success, but these regular updates serve as reminders for those who haven’t given yet. Also post interesting, eye-catching things that can encourage your friends to share it with their friends on their own social pages.
  8. People have now donated. This is an investment in you, and your belief in a cause. You owe it to them to report back. Reporting back accomplishes a couple of things:Rewards the investment, and increases the likelihood of future investmentsMay create a bond between the investor and the cause, increasing the likelihood of deeper engagementProtects your friendship so they don’t feel hit up.
  9. \\