Sophia asks, “If a brand new nonprofit approached you and said: ‘I want 5,000 Facebook likes, 1,000 followers on Instagram, and 1,000 followers on Twitter, all by the end of the year.’ What would you quote them, or tell them?”
I’d ask them what their actual business goal is. A few years ago, my oldest child was starting up a small online business experiment and excitedly told me at one point about how they had 50 likes on a piece of content they’d posted. After congratulating them, I reminded them that no bank in the world accepts likes, but all banks accept money, so which would they rather have? What’s the actual goal of the business? Volunteers? Awareness of their cause? Donations? If they’re not clear about the actual goal, any social media effort is doomed.
Can’t see anything? Watch it on YouTube here.
Listen to the audio here:
- Got a question for You Ask, I’ll Answer? Submit it here!
- Subscribe to my weekly newsletter for more useful marketing tips.
- Find older episodes of You Ask, I Answer on my YouTube channel.
- Need help with your company’s data and analytics? Let me know!
- Join my free Slack group for marketers interested in analytics!
What follows is an AI-generated transcript. The transcript may contain errors and is not a substitute for watching the video.
day’s episode, Sophia asks if a brand new nonprofit approached you and said I want 5000 Facebook likes 1000 followers on Instagram, and 1000 followers on Twitter all by the end of the year, what would you quote them or tell them? I would have to refrain from smacking them upside the head.
No, in all seriousness, I’d ask them what their actual business goal is, what is it that they’re trying to do those metrics, those numbers are top of funnel metrics.
They are a good indicator that you’ve got an audience that you briefly briefly earned somebody’s attention.
But that’s it.
Right? There’s there’s nothing else you can do with those.
A few years ago, my, my oldest child was setting up a small online business experiment and that is Social media profile or two that went with it.
And at one point, it put up a piece of content.
And they had 50 likes on that content.
They were so excited, like, look over the number of people who liked this thing.
Like Yeah, that’s, that’s good.
I congratulated them.
And they said, how many likes should I be getting? I said, Well no bank in the world accepts likes as a currency.
It’s in there good.
more is better than less generally speaking, but that’s not the end game near the end game is not acquiring likes on content.
The end game is is having money earning money that you can then use for other purposes.
Every bank in the world accepts like so accepts money, but no bank accepts likes, and they got the point.
But that’s something that apparently this business person is unclear about the goal of social media.
Marketing is the goal of all marketing and it’s to drive business forward it is to get customers in the door.
So, better questions for this person will be like, okay, so after you get, you know, however many likes on Twitter, then what? What happens next? What do you want people to do? Do you want website traffic? Do you want the phone to ring? Do you want people walking in the front door somewhere? Was the the business impact that you’re looking for? Yes, you’re a nonprofit, which means you know, you may not be focused on profit as a as a key operating metric.
But what is is it volunteers? People who are going to support your organization that way? Is it awareness of the cause? That you’re marketing? Is it donations? Is it political lobbying, depending on the nonprofit? A lot of folks particularly in the nonprofit world get not distracted, but They get focused on non business metrics, not impact metrics, because of the belief that the organization is not for profit.
All that means is that that’s not the primary KPI, you still do need to make money to do things like pay rent, pay, salaries, pay volunteers, all the things that you would normally use money for in a business is just as that’s not your key operating metric, it still is important.
And that’s still going to be one of the primary ways you measure impact.
So for this business, the question is, what is the key operating metric that they are based on basing their business plans on? And then how do you work backwards from that? Back to the eventually social media metrics? So for example, if donors and donations is a key metric, as I used to work in a nonprofit years ago, and you know, their big thing was trying to land some big fish donors.
Okay, how do you do that? Well, you need to have a A few that you can talk to in your Rolodex and then how do you do that? Well, you need to have some relationships in the community.
Well, how do you do that you need to have an audience within the community, and so on and so forth.
Until you get back to this was, wow 20 years ago.
Until you get back to having a website, how about a website that people can go to and sign up for a newsletter and be aware of what the company’s mission and goals were and how it was achieving those goals and how it benefited the community.
And being able to do so allowed the company to achieve meaningful digital marketing metrics that eventually turned into business that eventually turned into Yes, getting that two or three big fish donors that could help fund operations for a fair amount of time.
What was interesting was that I left the organization and then shortly thereafter, They change their operating metrics to be something much less business focused.
And unfortunately, they did.
The company did not do well, about four or five years later it went under because they took their eyes off the key operating metrics to let them operate.
So with this company that’s fi is asking about, what do they actually want to achieve? It’s fine to have a top of funnel metric you should, so that you know that you’re getting attention.
You need a middle of funnel metrics of some kind, some kind of intent measure, even if it’s something like newsletter subscribers, or returning visitors to the website.
And then you need that bottom metric.
Is it donations? Is it volunteers is it awareness of the cause, whatever the outcome is that you are getting funding for, you need to be able to demonstrate so that’s that’s why I tell this company They’re not clear about their actual goals.
And when you’re not clear about your actual goals, and you’re trying to run marketing without that clarity, you’re doomed, you’re not going to do well.
So that’s the solution here, get clarity from them on their goals and then map backwards from those goals to the upper funnel metrics.
Good luck because there’s a mindset to be changed here.
That’s going to be a little a little bit of education.
If you have follow up questions, please leave them comments box below.
Subscribe to the YouTube channel on the newsletter, I’ll talk to you soon.
want help solving your company’s data analytics and digital marketing problems? Visit Trust insights.ai today and let us know how we can help you
You might also enjoy:
- How To Set Your Consulting Billing Rates and Fees
- Marketing Data Science: Introduction to Data Blending
- Almost Timely News, 17 October 2021: Content Creation Hacks, Vanity Metrics, NFTs
- How to Measure the Marketing Impact of Public Speaking
- It's Okay to Not Be Okay Right Now
Want to read more like this from Christopher Penn? Get updates here:
Get your copy of AI For Marketers