Social Nets – A Fundraising Distraction?

January 20, 2009      Admin

First, the good news. A recent "must read" data memo from the Pew Internet Project reports that 35% of American adult internet users have a personal profile on an online social network site … four times as many as three years ago.

More detail on the percentages of online folks who have a social net profile:

  • 65% of online teens
  • 75% of online adults 18-24
  • 57% of online adults 25-34
  • 30% of the 35-44 segment
  • 19% of the 45-54 segment
  • 10% of the 55-64 segment
  • 7% of the 65 and older segment

I’ll bet I know where most of your donors fall!

Only 28% of adults who are not students have an online profile.

And while 31% of online white adults have an online profile, 43% of African-Americans and 48% of Hispanics do so.

Which social nets? 50% of adult social network users have a profile on MySpace, 22% on Facebook, and 6% on LinkedIn.

Social networking sites are gaining traction for political activism:

  • 29% of social networking users have used such sites to discover their friends’ political interests or affiliations;
  • 22% to get campaign or candidate information;
  • 10% to sign up as a friend of a candidate;
  • 9% to start or join a political group.

So let’s all go out and raise gazillions on MySpace and Facebook, right?

Wrong! That’s the bad news.

First, study this report and assess how closely your donor base overlaps the demographic distribution of active social networkers (it probably does not).

Second, get a handle on what social networkers are actually doing through this channel. I think you’ll find they are networking, yes … proselytizing, no. Nor are they responding to advertising messages.

Today, I would say social net sites hold utility primarily as a means of empowering the small segment of donors (not more than 10-15% according to our DonorTrends data) who do act as missionaries for your cause. And — for sure — that’s a terrifically important group for you to energize. Do you know who they are?

However, in terms of straight out fundraising, the usage numbers just aren’t there today, especially when looked at in the context of how most folks actually use the sites. In 2009, I can think of many things I’d do to shore up my fundraising results before turning to experimenting with social net sites (unless, of course, my nonprofit’s CEO can match the charisma and exce.

That said, we’re not "wet blankets" with respect to innovation. We’ll have a lot more to say inthe weeks ahead about both the use of social net sites and the importance of empowering your missionaries, as we release DonorTrends papers on both subjects.

Tom

 

 

6 responses to “Social Nets – A Fundraising Distraction?”

  1. Harry Lynch says:

    Tom, you couldn’t have said it better. The buzz has gotten *way* ahead of where social net sites actually are as far a fundraising tools. And your stats are priceless for fundraisers trying to hang onto a modicum of realistic expectations. So thank you so much for this piece.

    P.S. I’d be very curious if you have any further details on the demographics of who is using which sites. You show that MySpace has more than a 2 to 1 lead over Facebook in aggregate, but I’m assuming that MySpace skews *much* younger, and thus sharply away from our best donor groups? Thanks in advance.

  2. tbelford says:

    Harry,
    The further demographic info you ask about is provided in the full Pew report. Just follow the link in the post.
    Tom

  3. Allyson says:

    Tom. Great post! Utilizing online social networks should be viewed as just one of many sources for non-profits to raise money and they should only expect to raise money on a small scale. Care2 has a social networking ROI calculator over on the frogloop blog that can help NPO’s decide how much of an investment to make into online social marketing.
    http://www.frogloop.com/social-network-calculator

  4. […] the responses of the blogosphere, the Agitator has run two interesting posts on the theme.  The first talks about the recent Pew study, and points out that your donor base might not fit the […]

  5. Funnily enough, the first blog I posted on my own blog last June focused on the same topic.

    http://jonathongrapsas.blogspot.com/2008/06/social-networking-next-big-thing-for.html

    For me, right now – a distraction.

    Jonathon

  6. Laurie says:

    I would like to see these stats broken down by country: Canada, the UK/EU, the USA. My personal experience is that Canadians across most age groups tend to use Facebook over MySpace, but that’s nothing more than my personal experience.

    Are their any good studies looking at the demographics by country for social networking sites? I’ve looked and not found anything particularly significant.