How Facebook Can Support Crowdfunding Efforts

Tips of the Week

Different social networks require unique messaging techniques designed, timed, crafted, and suited to that particular platform. If you want to maximize response and conversion rates you can’t just throw some stuff up. Like everything related to marketing, a strategy is in order to do it right.

Since Facebook often seems like a big messy room I’m reluctant to enter, I found this infographic by TrackMaven, a site dedicated to making you a more competitive digital marketer, extremely helpful.

After analyzing exactly 5,804 Facebook brand pages and 1,578,006 posts and then putting the information into their data grinder —that’s the my informal term for doing math that’s beyond my comprehension and pay grade—these guys really managed to clear the clutter and explain Facebook’s needs that’s not only simple and concise—something I’ve never said about Facebook before—but also seems very doable.

Try incorporating these simple-to-follow—and very surprising—data points and see if you don’t lure your users one  very important click closer to your crowdfunding campaign. (Highlights below and infographic follows.)

Character count: a good Facebook post is around 60,000 characters and if your post is over 80 words your response rate improves by 80%.

Visuals: images garner 37% more engagement

Best hours: posts published between 5pm – 1am Eastern time get 11% more interaction, than those published during the work day (8am – 5pm) and 29% more than those published before work, 1am – 8am.

Weekends: Less than 18% of content is posted on weekends, but weekend content sees the most engagement

 How-to of engagement:  “likes” are the most common way to socially engage, accounting for 87%, 5% accounts for comments and 8% for shares

Time and days matter: Thursday is the big day on Facebook, weighing it at 16.82% posts, and lunchtime is the favorite time

The hashtag: these posts see 60% more interaction

The exclamation point: as much as I hate to report this, it seems the exclamation point is seen as being positive. Use them and see 2.7% more interaction

The big question: ask a question and see your interaction increase by 23% on average

The Nuts and Bolts of a Perfect Facebook Post – An infographic by the team at TrackMaven
 

 

How To Choose Social Media Platforms To Engage Your Crowdfunding Audience

How you choose social media platforms to engage your crowdfunding audience is crucial. Whatever you do don’t try to be active on all of them.  You’ll be a bedraggled shell of a human in your valiant attempt but it won’t get you far because you won’t be engaging, you’ll just skimming the surface and that’s not enough.  So I asked my colleague Lorie Parch, who’s got some great social media strategy chops, to break down the big boys for you so that you may choose wisely.

Facebook

 

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As of May 2013  over 1.1 billion monthly active users are on Facebook. With such vast reach, it’s unlikely that your social media strategy will not include Facebook, and you may want to focus primarily or even solely on Facebook if that’s where your audience hangs out.

Facebook’s mobile users are up hugely, to 751 million, so be sure that the execution of your social strategy for your campaign looks great on mobile devices across all the platforms you’re using as well.

If you haven’t created a brand page before, go to Facebook’s Help section; there’s a section there called “Build Your Facebook Page” and within that there’s another helpful section called “Growing Your Audience” that discusses best practices for posting.

Twitter 

 

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Twitter is a “real-time information network. It has about 550 million users. There’s an art to using those 140 characters wisely, though that’s a class in itself. But there’s no shortage of information about best practices. To get started using Twitter for business check out Twitter’s “basics” section, which covers things like hashtags, establishing your brand personality, how to tweet well, and measuring how well you’re doing on Twitter. The platform also has special information for small organizations and for nonprofits and organizations. Because Twitter has such a large reach, like Facebook it should probably be part of your strategy to gain more followers and increase awareness of and donations to your crowdfunding campaign.

(If you’re wondering if the people you’re trying to reach use the social platforms you’re thinking of targeting, check out this excellent report from the Pew Internet & American Life Project, published in February 2013. It has great insights.)

Google+

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Figures vary when it comes to the growth and numbers of users on Google+, which just turned two (it was launched in 2011). In January 2013, Forbes.com reported that Google+ surpassed Twitter as the second-largest social media platform, with 343 million users. That means that, if you believe the people you’re trying to reach are on Google+, you should consider including the platform (as well as YouTube, which Google owns) in your strategy as well.

LinkedIn

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With over 225 million users worldwide, LinkedIn is clearly a powerhouse and your strongest networks are likely to be on this site—those that are specialized to your industry or profession. With nearly two-thirds of LinkedIn members located outside the U.S., this platform may be a particular boon to those with a globally-focused campaign.  Given that LinkedIn is a professional networking site, it may be more useful in making your professional network aware of your campaign without explicitly asking for donations.

Pinterest & Instagram

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Though each of these platforms is a powerhouse in its own right, in order to keep this information succinct, we’re lumping them together since they are both highly visual platforms: Pinterest allows you to “pin” and share photos/images on “boards”, while Instagram features photos and now short video.  So if your campaign is very visually driven and/or the audience you’re targeting for finding donors is, you may want to consider one or both of these.

 

Tumblr

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The Pew report found that just 6% of Web users use Tumblr, which was recently bought by Yahoo, so it remains to be seen if the service will change in some way, including being integrated with Yahoo, which has a very large user base. If you’re targeting a very young audience, though, for your campaign, it may be worth trying Tumblr to reach them. According to Pew, 13% of those 18-29 are blogging on Tumblr.”

 Lastly, it’s worth mentioning something pretty obvious but still very important: “Social” isn’t limited to online. So don’t forget to consider and cultivate the opportunities you have to reach out in person, by phone, by text, or by email to people you know in casting the widest net possible.

By Lorie A. Parch a Los Angeles-based writer, editor, and social media strategist. She runs 828 Communications, a small content strategy and creation firm.