Marketing is crucial for nonprofits and GoFundMe campaigns, but if you have spent any amount of time in the nonprofit sector, you know that this comes with its own seemingly impossible challenges. Nonprofits depend largely upon funders for money. When a person, business or organization sends money your way, they want to make sure that each of their hard-earned dollars is spent making an impact. They want to make a difference.
Most of them don’t feel that spending their money on marketing is achieving this goal.
Research estimates that for profit business spend about 10% of their budgets on marketing. For highly competitive industries, this number can go as high as 20%. For nonprofits, both numbers are pretty much out of the question.
You simply have too much to do with the money you do have to devote such a large amount of valuable resources to marketing.
So, you have an immediate need for marketing, but no budget to do it with. What are you supposed to do?
The answer is you become creative and resourceful. It is entirely possible to run an effective, budget friendly marketing campaign when you know where to turn for inspiration.
Here, we set you in the right direction.
Go For Grants
Many nonprofits are unaware that grants exist for the sole purpose of helping them market their cause. One of the best marketing grants available is offered by none other than Google.
Google offers $10,000 a month in Google Ad grants that help nonprofits get noticed. In all, they award $120,000 annually. If you have ever run a PPC campaign, you know the type of impact that amount of grant money can have on your marketing success. Google Ad grants increases your online visibility which is a sure way to boost donations and the number of volunteers that contact your agency. Want to know if your nonprofit is eligible? Check here to find out.
Earned Media Opportunities
Earned media refers to the opportunity to promote yourself through PR, or unpaid sources, such as featured local news articles, TV, radio or newspaper interviews and free engagement through social media channels. This type of marketing strategy is one of the most sought after by nonprofits, but also one of the most difficult to attain. Why? Because everyone wants it.
To make the most of your earned media, you need to make sure that you have positioned your nonprofit to be highly visible when opportunity comes knocking. To optimize earned media opportunities, ask yourself these questions.
What are you doing to reach out and get noticed in the community? Has your organization done anything newsworthy recently, and what do you have planned as newsworthy happenings in the near future?
What is your press release strategy?
Do You have a process for optimizing press releases on your website?
What earned media channels is your target audience interacting with on a regular basis? Are you finding ways of reaching them there?
Do you have a strategy for taking earned media and transforming it into a larger following and engagement in social media?
Are you using tools to analyze the impact of earned media channels on converting supporters, donors and volunteers?
Optimizing earned media strategies is a three-step process that involves identifying opportunities, maximizing the power of each, and making sure you are reaching your target market.
Understand Who You Really Are Marketing To
With limited marketing dollars, it becomes even more important to really understand where your support is coming from. You are looking for the person, or group of people, that can make decisions that will positively impact the future of your nonprofit.
For many nonprofits, this area of focus will be corporations, not individuals. The public, in general, is more likely to donate when they receive something tangible in return. For example, once a year, Girl Scouts take to cookie booths to gain financial support for the organization. In return for a donation you get a box of cookies and everything is great.
But, unless y...