Many nonprofits focus their #GivingTuesday plans on individual donors. While this approach is often fairly easy to implement, you can get more bang for your buck if you also target the corporate donor. The key with corporate donors is that they often want something in return (Horrors!). Understanding what will motivate them – especially small local companies – can make your #GivingTuesday plan a winner for everyone.
Online Kudos = Free Publicity
As you begin to plan your #GivingTuesday strategy, consider approaching the corporate donor by presenting it as a corporate sponsorship opportunity. Create a dedicated web page for this year’s #GivingTuesday efforts and include the logos of corporate donors who have committed to giving to your cause. Start with the low-hanging fruit: last year’s corporate donors. Let them know that you will give them free online exposure on your website and through social media if they agree to donate again. Then, compile a list of other community businesses and send them a letter or an email letting them know about your sponsorship offer. Hot tip! Companies love to see their logos at work. Encourage larger donations by listing only the names of businesses that give under a certain amount. For companies giving over a certain threshold, add their logos to your site and posts.
One way to put the spotlight on corporate sponsors is to give them a block of time during #GivingTuesday that is all about them. Agree to a matching donation program where all donations within a certain time will be matched by that company (don’t forget about corporate matching gift programs!) Then, notify your social network followers and, if possible, quickly update your website to move the company’s logo to the top of the page during that time slot. Hot tip! Suggest that the company encourage community interaction by giving away prizes that must be picked up at their business.
Garnering media attention, both before and after #GivingTuesday, is one of the things that companies want most. Issue press releases before the event including the names of the corporate donors who have committed to giving. After the big day, focus news stories on actual data, such as total donated or the specific projects your nonprofit will now be able to implement. Hot tip! Emphasize the names of the corporate sponsors as one of the reasons that these projects are possible.
Don’t Forget Small Businesses
While it’s tempting to go after big donors, don’t forget about smaller companies. They often forego traditional sponsorships because of the cost. However, #GivingTuesday is the perfect opportunity to engage these small businesses at giving levels they can afford. It gives them a big advertising return which is something they crave.
#GivingTuesday can be a boom or bust project for any nonprofit. The key is to plan your strategy, put yourself out there to make it happen, then learn from the experience to improve your results for next year. Good luck!
Gretchen Barry is director of marketing and communications for NonProfitEasy. You can reach her at [email protected].