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Marketing Nonprofits Part 1 of 3

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Marketing Nonprofits Part 1 of 3

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Various methods of marketing such as slogans and other media activities are used by non-profit organizations to promote the message as well as to ask for volunteers to help out with the organization's mission.

Various methods of marketing such as slogans and other media activities are used by non-profit organizations to promote the message as well as to ask for volunteers to help out with the organization's mission.

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Marketing Nonprofits Part 1 of 3

  1. 1. Marketing Nonprofits Strategies and Challenges
  2. 2. Nonprofit Marketing Strategies: What is it?- It's not about having or not having a profit The term "nonprofit" leads to some confusion of what charitable outfits do What makes it a nonprofit? Nonprofits pursue public benefit purposes granted under federal and state law The mission is to undertake activities whose goal is not primarily for profit No person owns shares of the outfit or interests in its property Compiled by author from source: thebalance.com
  3. 3. Nonprofit Marketing Strategies: Nonprofit Versus Not-for-Profit- Not-for-profit: Neither is allowed to make a profit Both are regulated differently from for profit companies Income made by a not-for- profit may be issued to its members i.e., Can pay trip expenses for a member who helped raise funds Nonprofit: "nonprofit“- A group whose operations/products are not aimed at making a profit Income made by a nonprofit must be returned to the company to reach the goals for which it was created Compiled by author from source: investopedia.com
  4. 4. Nonprofit Marketing Strategies: Pros Vs Cons- Benefits: You exist as a legal entity and retain a mission and identity that tops the interests of any individual associated with the entity Non-profit groups that qualify for 501(c)(3) status are exempt from paying corporate income tax Provides an indemnification clause, which guards against personal liability from legal judgments, debts, penalties and fines Disadvantages: The cost of filing for incorporation and tax exemption can be steep; financials, expenses and salaries are public domain It requires lawyers and accountants and there are many complicated regulations One major disadvantage is the expense of setting up Compiled by author from source: smallbusiness.chron.com
  5. 5. Nonprofit Marketing Strategies: Types- 501(c)(1) - Corporations Organized Under Act Of Congress, Such As Federal Credit Unions 501(c)(3) - Religious, Educational, Charitable, Scientific, And Literary Organizations 501(c)(4) - Civic Leagues, Social Welfare Organizations, And Local Associations Of Employees 501(c)(6) - Business Leagues, Chambers Of Commerce, And Real Estate Boards Compiled by author from source: study.com Image Source: Google Images
  6. 6. Nonprofit Marketing Strategies: Characteristics- Instead of seeking profits for profit’s- sake, nonprofit organizations have a mission Purpose – Revenue must exceed expenses Ownership – Owned by the public Control – Exercised by a governing board of directors, or trustees Accountability – Accountable to the public Compiled by author from source: thebalance.com
  7. 7. Nonprofit Marketing Strategies: Nonprofit Marketing- Activities and strategies used by a nonprofit that are designed to spread the message about the nonprofit To solicit donations and call for volunteers The development of a media campaign to expose the organization to an outside audience Involves the creation of logos, slogans and copy Compiled by author from source: investopedia.com
  8. 8. Nonprofit Marketing Strategies: Campaign Approach- The Marketing Approach is Similar: i.e. Identify its target market Develop marketing materials Determine the objectives the campaign should meet Use The Four P’s: Product Placement Pricing Promotion Compiled by author from source: investopedia.com
  9. 9. Nonprofit Marketing Strategies: Marketing Vs. Development?- Marketing: Development:  The promotion of the exchange of goods or services at a mutually agreeable price  It involves a tangible, reciprocal transaction between a seller and a buyer  The process nonprofit organizations use to secure financial support and advance their missions  It involves a transaction between a donor and an institution that is based on intangibles, like faith and trust
  10. 10. Nonprofit Marketing Strategies: Major Marketing Tasks- The nonprofit organization manager's three major marketing tasks Realistic marketing and planning enables outfits to greatly improve operations Resource Attraction Resource Allocation Persuasion Compiled by author from source: questia.com Image Source: Google Images
  11. 11. Nonprofit Marketing Strategies: Vision & Mission- Marketers should seek to tap the marketplace and also to advance a charitable mission Nonprofit marketing efforts are driven by a dual purpose Marketing tends to focus foremost in mind the result of its efforts — money It should not be forgotten that the donors care more about what is proposed to accomplish with the money Ultimately, it is grounded in the organization's vision and mission, and in the ways these things resonate with the donors' values and goals Compiled by author from source: develop-net.com
  12. 12. Nonprofit Marketing Strategies: Corporate Support- Corporations often look for nonprofit groups that serve the same populations as they serve Corporate donations usually are larger than most private funds Corporate sponsors can request a mention in your marketing material i.e., An eye doctor might be a good philanthropic partner with an organization that advocates for the blind Offer to place banners at a workshop or conference, touting your sponsor's name Give corporate donors free space in your newsletter or conference program Compiled by author from source: smallbusiness.chron.com Image Source: Google Images
  13. 13. Nonprofit Marketing Strategies: Events- Tournaments & Events: Create an annual event that supporters can look forward to each year Consider other sporting events as well, such as a marathon or bike races Sell things, conduct an auction, host a lunch or dinner and solicit additional donations during the eventGreat crowd- pleasers that draw avid athletes Compiled by author from source: smallbusiness.chron.com Image Source: Google Images
  14. 14. Nonprofit Marketing Strategies: Low Cost Fundraising- Donation Drives Raffles Bake Sale Car Wash All you need is a space where individuals can drop off donations You can either give away prizes or half of the raffle pot Ask members of your nonprofit to each bring a pastry to use in the bake sale Many businesses allow nonprofit organizations to use their parking lots to hold car washes Compiled by author from source: smallbusiness.chron.com
  15. 15. Contact Us for the Full Presentation: Mediacontact USA Inc. 13575 58TH Street North #160 Clearwater, Fl. 33760 T: 727 538 4112 E: contact@mcusa.co www.mediacontactusa.com
  16. 16. Sources Cited:  Burgess, Mary. "What Is the Difference Between Non-Profit & Not for Profit?" EHow. Demand Media, n.d. Web. 07 Sept. 2016. <http://www.ehow.com/info_7991949_difference-between- nonprofit-not-profit.html>.  Cozad, Michael. "Not-For-Profit Organizations: Types & Examples." Study.com. N.p., n.d. Web. 17 Nov. 2016. <http://study.com/academy/lesson/not-for-profit-organizations-types- examples.html>.  "The Difference Between Public & Private Non-Profit Organizations." Small Business. N.p., n.d. Web. 15 Sept. 2016. <http://smallbusiness.chron.com/difference-between-public- private-nonprofit-organizations-26366.html>.  Fritz, Joanne. "What Is a Nonprofit Vs. a For-Profit Business?" The Balance. N.p., 5 June 2016. Web. 17 Nov. 2016. <https://www.thebalance.com/how-is-a-nonprofit- different-from-for-profit-business-2502472>.  Jungbok, Ha By. "Marketing Strategies for Nonprofit Organizations." "" by Jungbok, Ha. N.p., n.d. Web. 15 Sept. 2016. <https://www.questia.com/library/journal/1P3- 3827887561/marketing-strategies-for-nonprofit-organizations>.
  17. 17. Sources Cited:  Logan, Emily. "4 Challenges Facing Nonprofit Marketers in 2016 (And How To Beat Them)." HubSpot Blog Homepage | Marketing, Sales, and Agency Content. N.p., 4 Jan. 2016. Web. 30 Nov. 2016. <http://blog.hubspot.com/marketing/challenges-facing-nonprofit- marketers-in-2016>.  Marketing Is Different in the Not-For-profit World. N.p., n.d. Web. 15 Sept. 2016. <http://www.develop-net.com/articles/marketing-is-different-for-non-profits.html>  Readings, Leah. "5 Nonprofits With Successful Content Marketing Campaigns - Capterra Blog." Software Buying Tips and Advice for Businesses: Capterra Blog. N.p., 18 Sept. 2015. Web. 17 Nov. 2016. <http://blog.capterra.com/nonprofits-successful-content-marketing- campaigns/>.  Root. "Nonprofit Marketing." Investopedia. N.p., 2010. Web. 07 Sept. 2016. <http://www.investopedia.com/terms/n/nonprofit-marketing.asp>.  Sadiq, Basil. "8 Tips For Establishing Your Nonprofit On Social Media." Engaging Volunteers. N.p., n.d. Web. 21 Nov. 2016. <http://blogs.volunteermatch.org/engagingvolunteers/2016/05/10/8-tips-for-establishing- your-nonprofit-on-social-media/>.

Hinweis der Redaktion

  • https://www.thebalance.com/how-is-a-nonprofit-different-from-for-profit-business-2502472
  • http://www.investopedia.com/terms/n/non-profitorganization.asp
  • http://smallbusiness.chron.com/difference-between-public-private-nonprofit-organizations-26366.html
  • http://study.com/academy/lesson/not-for-profit-organizations-types-examples.html
  • https://www.thebalance.com/how-is-a-nonprofit-different-from-for-profit-business-2502472
  • http://www.investopedia.com/terms/n/nonprofit-marketing.asp
  • http://www.investopedia.com/terms/n/non-profitorganization.asp
  • http://www.develop-net.com/articles/marketing-is-different-for-non-profits.html
  • https://www.questia.com/library/journal/1P3-3827887561/marketing-strategies-for-nonprofit-organizations
  • http://www.develop-net.com/articles/marketing-is-different-for-non-profits.html
  • http://smallbusiness.chron.com/difference-between-public-private-nonprofit-organizations-26366.html
  • http://smallbusiness.chron.com/difference-between-public-private-nonprofit-organizations-26366.html
  • http://smallbusiness.chron.com/difference-between-public-private-nonprofit-organizations-26366.html

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