“Our people aren’t on social media.”
For all of the last decade, it hasn’t been true. Not even close. In 2011, Fidelity released a study on their millionaire investors. That group of millionaires were very engaged online with 85 percent active on at least one social media platform. In 2011, that was FAR ahead of the overall social media usage numbers for the general population.
Flash forward to 2020 and the situation has changed little. According to a recent Statista survey about the percent of specific income demographics who are active on social media:
$75,000+ (annual income): 78% are active on social media
$50,000–$74,999: 83% are active
$30,000–$49,999: 70% are active
<$30,000: 68% are active
Some of the wealthiest people on Earth - from Elon Musk to Richard Branson to the Gates family - are frequently active on social media.
So yes, many of the highest capacity donors in our profiles are active online and via social media.
And this is great news! Because with social media, gift officers can…
Create or join online communities and networks to stay connected with donors and prospects
Follow big career updates and other potential wealth and readiness indicators
Work with marketing to curate content that keeps donors and prospects close to the mission between in-person meetings
Get to know donors and prospects on a more personal level
Major gift donors and prospects are active on social media. To meet these critical supporters where they are requires gift officers who are comfortable with social media engagement.
A Digital Development Officer program is the key to establishing a meaningful presence in the increasingly-critical online space. Whether you’re hiring new DDOs or simply retraining your current gift officer team to do digital better, know that your people are active on social media and be ready to meet them there.
What’s your plan for engaging your highest capacity donors and prospects with digital? Click here to learn more about how {{firstname}} has been building digital development officer programs for the better part of the last decade.