using social media for generating funds in india!

Upload: ankur-supehia

Post on 05-Apr-2018

224 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/31/2019 Using Social Media for Generating Funds in India!

    1/6

    Using social media for generating funds in India!byKAUSHAMBI on FEBRUARY 22, 2012 |

    17 comments

    Indian NGOs have come a long way in terms of raising funds for charitable causes. While most major

    Indian NGOs have a fairly good web presence since the past few years, GiveIndia and GuideStar India

    has emerged as mature online platforms that allow online donation, fundraising and linking potential

    donors to the correct charities.

    Until recently, NGOs in India have had a tough time raising funds though traditional channels like

    personal appeals, expensive advertising banners, seeking famous brands mascots, hiring committed

    volunteers who can spread the message, holding events and so on.

    But fundraising trends are now changing and NGOs in India are using social media to raise funds

    Here is how

    How is social media being used in India to raise funds?

    Mint quotes an example of how a 23-year-old engineer working for Teach for India wanted to raise Rs.

    50,000 for buying academic materials to teach his students. He simply set up a pledge on GiveIndia in

    2011, posting details about the funds he wanted to raise. This pledge was a part of GiveIndias India

    Giving Challenge, a 6 week online fundraising event in which participating NGOs and corporates set up

    fundraising pages online, outlining their causes and goals. By utilizing the sharing option on Twitter,

    LATEST POPULAR SHARED COMMENTED

    Home Business India Using social media for generating funds in India!

    0

    Reach Donors Online www.contribute.com

    Accept donations and funds online Used by

    worlds leading universities

    Bank of Americawww.bankofamerica.com/ahead

    Supporting the Non Profits that Address CriticalCommunity Needs

    Auto Donation 24hr Pickup www.CarsForVeterans.org

    Full Tax Deduction. Running or Not. Same Day

    Towing. Call 800-409-3274.

    ITT Tech - Official Site www.ITT-Tech.edu

    Convenient Schedules, Over 130 Locations.

    Browse New Programs.

    Mitesh Romaldo Swarup Maher Sajjan

    Trak.in - India Business Blog onFacebook

    6,800 people like Trak.in - India Business Blog.

    Like

    Facebook so cial plugin

    1 0

    HOME BUSINESS ECONOMY INDIA TECHNOLOGY TELECOM TRENDS STARTUP ABOUT

    ng social media for generating funds in India! http://trak.in/tags/business/2012/02/22/social-media-fund-generation-i...

    6 29-03-2012 03:50

  • 7/31/2019 Using Social Media for Generating Funds in India!

    2/6

    Facebook and GiveIndias own database, they reached out to friends, family, acquaintances,

    stakeholders, clients and donors to seek donations.

    To facilitate and promote donations, GiveIndia gave out limited matching grants, on a daily and weekly

    basis. Dhaval Udani, CEO of GiveIndia states that this event was amongst the first of its kind in India in

    terms of scale and its use of technology for fundraising. It also marks a shift from the traditional

    methods of giving that have been used in India until now. He says,

    Since this event started in 2009, it has nearly doubled the total funds generated and seen a

    substantial increase in terms of the number of participants. It further reported that Teach for India

    was one of the champion fundraisers only because of their effective use of Facebook, Twitter and

    other online social networking tools.

    Udani stated that Teach for India utilized Facebook very well for the challenge. They went up from

    providing only 10 referrals to more than 1000 per day to the GiveIndia site.

    They know how social media works, they are on Facebook all the time and have

    managed to reach out to their friends and colleagues and raise a lot of money online

    just through that. - Dhaval Udani, CEO of GiveIndia [Source]

    On the other hand, Surf Excel celebrated the 2011 Joy of Giving week through a unique social

    media initiative by contributing products to NGOs, as the HUL website reported. Users were asked

    to visit the Surf Excel Facebook page. For every Like, Surf Excel donated Rs 11 worth of goods

    requirements to charity organizations around Mumbai.

    Users could also go to the Make a difference with Surf Excel section and invite friends or upload a

    badge on their profile picture to inadvertently promote the cause and display their support. HUL

    employees were personally involved in the distribution of goods to the NGOs generated through this

    unique form of social media fundraising. Images, videos and testimonials of their experience were

    posted back on the online Surf Excel community to maintain and increase traffic.

    Similarly, many other Indian NGOs are using social media to leverage promotion and fundraising.

    Other social media techniques that Indian NGOs can use on social media to raise

    funds

    Here are a few interesting ways of using social media techniques to raise funds and promote

    awareness of charity campaigns. Some of these that Indian NGOs can start using are:

    Active Twitter usage:

    Some NGOs in India that use actively Twitter to promote their events are

    @SmileFoundation,

    @JaagoRe,

    @goonj,

    @TeachforIndia

    @NanhiKali,

    @Joyofgivingweek,

    @GiveIndia

    Active Twitter usage helps in making donors bel ieve that the NGO is consistently goin g something

    good.

    Hot Posts

    Celebrity

    Endorsements: do they

    work?

    4 Android Tax

    Calculation Apps for

    Indians

    RCom launches Indias

    first CDMA tablet at Rs.

    13k

    ng social media for generating funds in India! http://trak.in/tags/business/2012/02/22/social-media-fund-generation-i...

    6 29-03-2012 03:50

  • 7/31/2019 Using Social Media for Generating Funds in India!

    3/6

    Tags on Using social media for generating funds in India!Tagged as: fund raising, Indian NGOs, NGO, non-profit organizations, Social media trends,

    Crowd Sourcing:

    Crowd Sourcing is a technique that allows customers, employees and stakeholders to supply ideas,

    designs and features for a business products or services. In India, The Joy of Giving Week has also

    been successful in using crowd sourcing for fundraising for other NGOs.

    Online Coupons:

    With the coming of age of coupon and deal sites like Snapdeal and Naaptol, they can become

    platforms for listing special vouchers and deals, the margin of which would be given as proceeds to

    NGOs. The popularity and large visibility of such sites can also help in promoting a charitable cause.

    Deadline-driven appeals:

    Instead of having generic open ended donation campaigns and volunteering initiatives, the use of

    social media pages can help NGOs to fix countdowns and limits for campaigns that can be tracked.

    Social media pages can help in reminding potential donors about a certain campaign in an interactive

    way, which can in turn, further last minute donations.

    Apps:

    Although challenges such as having different local languages or inadequate access to Internet are still

    being dealt with by NGOs to use social media to raise funds, using mobile apps for charitable

    fundraising is the next thing to watch out for in India. Samhita, an online philanthropic platform for

    supporting other NGOs states that using apps to improve operations for NGOs working on specific

    community based projects has big potential.

    Fundraising and online charity in India has come of age and Indian NGOs can and are using social

    media for a variety of objectives from online promotions, recruiting volunteers, increasing campaign

    awareness to fundraising of course. More innovations in this area are awaited in the future.

    If you enjoyed this article, join 16,568 others and get free email updates!

    Enter your email address

    ng social media for generating funds in India! http://trak.in/tags/business/2012/02/22/social-media-fund-generation-i...

    6 29-03-2012 03:50

  • 7/31/2019 Using Social Media for Generating Funds in India!

    4/6

    Facebook so cial plugin

    Posting as Ankur Supehia (Not you?)

    Add a comment...

    Post to Facebook

    Keisha Taylor

    Also follow @guidestarindia on Twitter for news on philanthropy and nonprofit events in India!

    Reply Like Follow Post February 24 at 5:34pm1

    Marianna Torok ELTE BTK Budapest

    Interesting to see the social media in India, but I miss some context behind, like internet penetration,

    concrete numbers.

    Reply Like Follow Post February 25 at 1:12am

    ng social media for generating funds in India! http://trak.in/tags/business/2012/02/22/social-media-fund-generation-i...

    6 29-03-2012 03:50

  • 7/31/2019 Using Social Media for Generating Funds in India!

    5/6

    ng social media for generating funds in India! http://trak.in/tags/business/2012/02/22/social-media-fund-generation-i...

    6 29-03-2012 03:50

  • 7/31/2019 Using Social Media for Generating Funds in India!

    6/6

    Will MCX IPO revive the Primary market in India?

    Good news for Indian B-schools: Finally

    climbing international rankings!

    India News

    5 famous Startup Incubation Centers in

    India

    Indian Railways to bring real-time GPS

    tracking system via Google Maps!

    Bangalore is the most bribed city in India

    [Report]

    Union Budget 2012 Live Update

    Top 5 sites to watch Union Budget Live on

    Web!

    How Indians could revolutionize European

    Retail market?

    Tweet 210

    Tweet 231

    Tweet 184

    Tweet 149

    Most Twitted Posts

    The Real Grass-roots Innovation by Indian

    wins Best Product Design!

    Medical Marijuana: What Indians knew

    centuries ago

    Common characteristics of highly admired

    entrepreneurs!

    From AC cabs to public buses, IT

    employees fate is hanging by a very fine

    thread

    Tag Cloud

    Acquisition advertisement Auto

    automakers bloggers Blogging

    Business Buzzing consumerDoing business economy Educationemployment entrepreneurship Finance

    future Gadget Growth IndiaIndian Indians Information

    technology InternetInvestment Media Monday Mergers

    mobile Money new Outsourcingrandom social Media Startupstartups stock market survey

    technology Telecomtelecommunication TGF Top list travel

    Trends web2.0 wrap-up

    India Business Blog | Mobile | Outsourcing | Education | Trak.in Comment Policy Theme designed by WPoets

    1kLike

    220Like

    16Like

    8Like

    ng social media for generating funds in India! http://trak.in/tags/business/2012/02/22/social-media-fund-generation-i...