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DIGITAL MILLENNIALS  Charitable Giving & Cause Marketing Presented by:  Mila Goodman Director of Experience Strategy, RI:Lab  insert client logo
Why Retailers Should Care : Understand specific attitudes, perceptions and sentiments of Millenials : Learn how Millenials align their spending with passion, community and brands : Recognize Millenials mistrust of brands and low recall of brand and charity tie-in awareness
Research Methodology An online discussion was hosted  on 9/2/08 with 71 members. Summary of Questions : How often do you donate money to charitable organizations? (once a month,  once a year, when the spirit moves you, etc)  : What are some of your favorite charitable organizations?  : What made you choose these organizations?  : Once you’ve given to an organization, what would compel you to give again? (text alerts, email newsletters, learning about the impact of your donation, challenge from a friend, desire to help an organization reach its fundraising goal, etc)  : Did you do any research on the organization before you gave money? If yes,  how did you do the research?  :  How do you feel about brands that take up social causes? (ex. Coca-Cola supports the World Wildlife Fund to save the polar bears, Pantene supports Locks of Love to make wigs for cancer patients)
Key Findings ,[object Object],[object Object],[object Object],* Yankelovich MONITOR, 2008/09
Key Insights ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overview of Millenials Donations * Yankelovich MONITOR, 2008/09 Donations per year are rising in the range of $100 + range.  Millennials have most frequently donated to religious organizations over the past year.  These are the top five types of organizations that Millennials have donated money to in the past year. ‘ 07 ‘ 08 Under $100 71% 66% $100-$499 17% 19% $500-$999 4% 7% $1,000-$4,999 2% 4% $5,000 or more 2% 1% Don’t Know/No Answer 4% 3% ‘ 07 ‘ 08 Religious 25% 35% Local Schools 19% 32% Federated Charities (e.g. United Way) 8% 17% Disaster Relief Agencies 9% 15% Human Services (e.g. Habitat for Humanity, big Brother/Big Sister) 10% 20%
[object Object],Most of the time, I just don’t have the money to donate to charities – but that will change when I am out of school and in a different life stage. I am also the most skeptical about brands that take up social causes, and I wonder, “what’s in it for them?” I make an effort to donate to my favorite charities on a regular basis. After all, isn’t that what being a good person is all about? Charitable giving is a way of life for me, and it’s usually something I don’t even have to think about. The money comes right out of my paycheck and is often tithed to the church or deposited directly to a charity like Unicef or the United Way. I am most likely to give to charities when I feel moved to do so. I am not on a schedule and my favorite charities may change from time to time.  Spirit Givers Not There Yet Über Givers  Consistent Givers Millenials Fall into 1 of 4 Groups  Routine: driven by conscience Frequent: committed to giving Occasional: motivated by circumstance Rare: waiting for right opportunity
The Spirit Givers  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ I usually only donate maybe once or twice a year mostly around Christmas..” “ I don't have a schedule, it really depends on the amount of work I get.  I will give extra if I have a large paycheck and can afford to give.” “ Two major donations I made this year were for two people I knew, one running the Boston Marathon for Second Step and another family member walking in the Leukemia and Lymphoma Society's Boston Light the Night.”  * Yankelovich MONITOR, 2008/09
Spirit Givers: Donation Selection ,[object Object],[object Object],[object Object],[object Object],“ I think helping a group make their fundraising goals possible would be a great motivator...being able to see how close they are to their goal would prompt me to give. I also would like to see where and what my money is going towards.”
Spirit Givers: Communication Preferences ,[object Object],[object Object],[object Object],[object Object],“ I once made the mistake of mailing in a donation, and now I get 5,000 letters, address labels, etc. per year soliciting me for further donation. The waste of paper alone makes me ill, and I will never again make an un-anonymous donation.”
Spirit Givers: Relationships ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ Glad they do. Doesn't make me like them over other brands, per say, but I'm glad some of the corporate evil of this country have decided to give back to the world they plundered.”
Not There Yet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ I don't donate at all, I have an issue if all these charities most of the money is going into their pockets...so I'll keep mine thanks.” “ Overall I'm still early on in my financial life.  I wanted to pay off school, I'm saving for a house and a wedding.  I want to become financially stable (or at least complete those major milestones) before I start contributing.”   “ I have to be completely and utterly honest when I say that I never donate money to charitable organizations. I have a very limited budget as a college student who only works part-time and has a phone bill, textbooks to buy, gas and toll to pay, etc. I wish I could help out but all I could do is donate time and even my time is very limited.” * Yankelovich MONITOR, 2008/09
Not There Yet: Donate time/items ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Not There Yet: Most Cynical Group LIVE BY EXAMPLE “ They don't care about the cause, they just think people are more likely to use their services if they show us they "care".  If they didn't advertise that they were supporting a cause, but were still willing to do so, and I was to find out about it from a completely unrelated source, I would be much less cynical.” JUST GIVING MONEY IS TAKING THE EASY WAY OUT! “ I'm not going to give a company extra support if it seems like they're just paying lip service to a social cause.  If coca-cola is helping the polar bears, they better be doing a lot to try to reduce their plastic usage…Because that plastic comes from oil which comes from the regions where the bears live, etc. etc.  It's important they're being conscious in a variety of ways, not just giving money because that's easy.” THE CHARITY SHOULD SPEAK FOR ITSELF “ If it's a good and reputable charity you will already know enough to give to it. I think it can be a good thing, so long as the charity is not overshadowed by the brand and its public relations. I will say that I hated the Lance Armstrong thing, but then is he really a brand?”
Über Giver ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ I donate money every week directly out of my paycheck to the local United Way.  This gives me a chance to give back to my community in many ways because the United Way supports many different causes that effect the poor in the surrounding areas.” “ Typically once a month to charitable organizations and with every pay check to church.” * Yankelovich MONITOR, 2008/09
Über Giver: Charity is a Mindset ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ I am Jewish and what we usually do is give 10 percent of our earnings to charity. Now this doesn’t mean that you have to give 10 percent off of your total pay check, you can pay your must pay bills and then what’s left over you give 10 percent of that…aside from the 10 percent I give here and there to needy people.” DONATING CLOSE TO HOME HAS ITS BENEFITS…  “ [I do research] in the sense that I know people personally involved in the Organizations.”
Consistent Giver ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ I donate money to charities on a monthly basis. I also sponsor a child from a third world country and when I sell something on Ebay I donate part of the closing price to a charity of my choice.”   “ I donate to about 2-3 charities monthly...I am compelled to give because of knowing what is going on in the world and the fact that I believe those causes are legitimate and my money is adding to helping some people that are in need.” * Yankelovich MONITOR, 2008/09
Consistent Giver: Passionately Motivated ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],When a Consistent Giver decides to donate to a new place, they most often check the Internet to make sure it is legit.
What Retailers Should Do : Gain a deeper understanding of your (target) customers and align attitudes and behavior of the Millenial Group that applies. : Develop meaningful partnerships that demonstrate a commitment to aiding and contributing to a particular organization.  : Design cause related campaigns or programs that provide an ongoing way for your customers to understand their impact on the program as well as your total impact on that particular charity. : Apply key insights for any cause related campaign or partnership to foster community and build brand trust.
THANK YOU. www.resource.com   insert client logo

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DIGITAL MILLENNIALS: Charitable Giving & Cause Marketing

  • 1. DIGITAL MILLENNIALS Charitable Giving & Cause Marketing Presented by: Mila Goodman Director of Experience Strategy, RI:Lab insert client logo
  • 2. Why Retailers Should Care : Understand specific attitudes, perceptions and sentiments of Millenials : Learn how Millenials align their spending with passion, community and brands : Recognize Millenials mistrust of brands and low recall of brand and charity tie-in awareness
  • 3. Research Methodology An online discussion was hosted on 9/2/08 with 71 members. Summary of Questions : How often do you donate money to charitable organizations? (once a month, once a year, when the spirit moves you, etc) : What are some of your favorite charitable organizations? : What made you choose these organizations? : Once you’ve given to an organization, what would compel you to give again? (text alerts, email newsletters, learning about the impact of your donation, challenge from a friend, desire to help an organization reach its fundraising goal, etc) : Did you do any research on the organization before you gave money? If yes, how did you do the research? : How do you feel about brands that take up social causes? (ex. Coca-Cola supports the World Wildlife Fund to save the polar bears, Pantene supports Locks of Love to make wigs for cancer patients)
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  • 6. Overview of Millenials Donations * Yankelovich MONITOR, 2008/09 Donations per year are rising in the range of $100 + range. Millennials have most frequently donated to religious organizations over the past year. These are the top five types of organizations that Millennials have donated money to in the past year. ‘ 07 ‘ 08 Under $100 71% 66% $100-$499 17% 19% $500-$999 4% 7% $1,000-$4,999 2% 4% $5,000 or more 2% 1% Don’t Know/No Answer 4% 3% ‘ 07 ‘ 08 Religious 25% 35% Local Schools 19% 32% Federated Charities (e.g. United Way) 8% 17% Disaster Relief Agencies 9% 15% Human Services (e.g. Habitat for Humanity, big Brother/Big Sister) 10% 20%
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  • 14. Not There Yet: Most Cynical Group LIVE BY EXAMPLE “ They don't care about the cause, they just think people are more likely to use their services if they show us they "care". If they didn't advertise that they were supporting a cause, but were still willing to do so, and I was to find out about it from a completely unrelated source, I would be much less cynical.” JUST GIVING MONEY IS TAKING THE EASY WAY OUT! “ I'm not going to give a company extra support if it seems like they're just paying lip service to a social cause. If coca-cola is helping the polar bears, they better be doing a lot to try to reduce their plastic usage…Because that plastic comes from oil which comes from the regions where the bears live, etc. etc. It's important they're being conscious in a variety of ways, not just giving money because that's easy.” THE CHARITY SHOULD SPEAK FOR ITSELF “ If it's a good and reputable charity you will already know enough to give to it. I think it can be a good thing, so long as the charity is not overshadowed by the brand and its public relations. I will say that I hated the Lance Armstrong thing, but then is he really a brand?”
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  • 19. What Retailers Should Do : Gain a deeper understanding of your (target) customers and align attitudes and behavior of the Millenial Group that applies. : Develop meaningful partnerships that demonstrate a commitment to aiding and contributing to a particular organization. : Design cause related campaigns or programs that provide an ongoing way for your customers to understand their impact on the program as well as your total impact on that particular charity. : Apply key insights for any cause related campaign or partnership to foster community and build brand trust.
  • 20. THANK YOU. www.resource.com insert client logo