The Results Are In: Facebook Ads Boycott
One fact we can all agree on? The boycott was not successful. Not only did Facebook ad spend increase last month — from $3.78 million in June to $3.83 million in July — but the recommendation of changes from Stop Hate for Profit were largely unmet. Despite this, many big-name companies are done posturing and have returned to the platform to advertise (or never stopped advertising on other Facebook-owned platforms). Also, the majority of Facebook’s total ad revenue comes from small advertisers — a group that includes many nonprofits — and many didn’t feel they could afford to pause campaigns during the COVID crisis. This boycott gives us all a lot to think about.
A Move To Smaller, More Frequent Donations
Did you know the average donation in 2018 was $128? If you think that number seems high for current times, you’re not alone. There’s a new wave pushing to lower the bar for smaller donations as a way to expand your donor pool. Especially if your nonprofit is targeting Millennial and Gen Z donors, smaller, more frequent donations make giving more manageable. If you’re wondering how to implement this, a good place to start is to encourage donors to round-up their donations or “set up their own peer-to-peer fundraising campaigns” that typically garner a few dozen dollars for your cause.