A bit of fun: Who gives the most?
The Big Mac Index is used by the Economist and others to measure purchasing power of a currency.
Some fundraising friends of mine are building a Global Giving Wiki and they are starting with a Big Mac Index on giving - ie comparing average donations to the price of a Big Mac.
In Australia, looking at average gifts across around 40 charities we can see that the average regular gift is around $28, between six and seven Big Macs. How will that compare to various countries?
The answer will be revealed at the end of the year, when lots of people have filled in the survey - people like you!
(Bizarrely I didn't know, and nor did anyone in the Pareto Sydney office know, how much a Big Mac cost. I had to get the answer out of our Brisbane office).
Please complete it here, it takes about 3 minutes.
Sean
An attempt at connecting real world stories with charities and others fighting for social justice, and protecting our planet. No apologies that most of these stories will have a fundraising angle. The blogs here are my thoughts up until Sept 2016. For all blogs after this date please go to http://www.seantriner.com/my-thoughts/
Thursday, May 24, 2012
Tuesday, May 22, 2012
How complex is social media?
Think you know all the Social Media providers that are out there? Facebook, Twitter, Pinterest, LinkedIn etc? Could you name just five more?
Business Insider published an image from Buddy Media showing around 300 Social media sites, trackers, URL shorteners and more.
The point of the article is that social media is really confusing, but I disagree. There is no need for charities to be early adopters of social media platforms; most have short lives and disappear. The ones that survive and grow are of most interest to us.
Even then, be cautious: mail, phone and face to face still account for nearly all new donor acquisition. There are donors acquired online of course, but when it comes to digital, old fashioned web advertising (where social media is treated as just another place to buy advertising) and email still accounts for nearly all digitally acquired donors.
Looking at 45 Australian and New Zealand charities we see in the chart below that online solicitation is growing, but is still very small. Please note - this is solicitation; more and more direct mail solicited donors actually use the web to donate, but here we are looking at where the advertising goes, not the inbound channel.
When it comes down to it, social media follows the Pareto Principle; a majority of the useful traffic is going to be through a minority of the social media platforms. In other words, just get Facebook, LinkedIn and Twitter right and you don't need to worry about the others. This month.
The infographic with all the social media firms is here.
Business Insider published an image from Buddy Media showing around 300 Social media sites, trackers, URL shorteners and more.
The point of the article is that social media is really confusing, but I disagree. There is no need for charities to be early adopters of social media platforms; most have short lives and disappear. The ones that survive and grow are of most interest to us.
Even then, be cautious: mail, phone and face to face still account for nearly all new donor acquisition. There are donors acquired online of course, but when it comes to digital, old fashioned web advertising (where social media is treated as just another place to buy advertising) and email still accounts for nearly all digitally acquired donors.
Looking at 45 Australian and New Zealand charities we see in the chart below that online solicitation is growing, but is still very small. Please note - this is solicitation; more and more direct mail solicited donors actually use the web to donate, but here we are looking at where the advertising goes, not the inbound channel.
When it comes down to it, social media follows the Pareto Principle; a majority of the useful traffic is going to be through a minority of the social media platforms. In other words, just get Facebook, LinkedIn and Twitter right and you don't need to worry about the others. This month.
The infographic with all the social media firms is here.
Wednesday, May 2, 2012
A rare case of mainstream media getting cost of fundraising right
Good on the LA times running this story arguing that cost of fundraising or administration is not at all a useful measure when it comes to assessing a charity's' worth.
http://www.latimes.com/news/opinion/commentary/la-oe-shakely-charity-rating-kahneman-20120430,0,5220795.story
http://www.latimes.com/news/opinion/commentary/la-oe-shakely-charity-rating-kahneman-20120430,0,5220795.story
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