Business

5 Minutes with DonationMatch Co-Founder Renee Zau

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DonationMatch Co-founders Darryl and Renee

By Juliet Davenport, Nonprofit Ambassador at DonationMatch

When was the last time you experienced a pain and decided to devote your full-time effort to solving it? Co-founder Renee Zau became an accidental web entrepreneur when she wished for a product like DonationMatch and waited several years for "someone else to build it so I could be a customer." When that didn't happen, she and boyfriend Darryl took what they learned working for a VC-backed startup where they met, their savings, and advice from smart friends to get accepted into and graduate from the Founder Institute (a tech startup accelerator), which propelled DonationMatch into the premiere platform for reaching consumers through charitable events.

Here's what we learned in 5 minutes with Renee!

How did you come up with the idea for DonationMatch?

Inefficiency bothers me. I hated seeing myself and other wasting time typing the same information from the same donors over and over again for fundraising auctions. I also experienced the pain of not having an easy way to collect and track the requests my business was receiving. All the paperwork being mailed back and forth seemed wasteful, and I wanted a centralized place for both donors (companies) and receivers (nonprofits) to not just manage donation records, but make requests and seamlessly transfer necessary information easily. I waited four years before Darryl caught on to how frustrated I was and realized I wasn't alone in needing a solution.

What do you think charities can learn from the private sector?

I know that the ultimate goal of a charity isn’t to make money, but I think many fail to invest in practices early on that will help them become financially self-sustainable. When a charity can’t focus on its mission because it needs money and has to constantly fundraise, it ultimately hurts its ability to do good work. Just like a startup for-profit, I’d like to see nonprofits:

  • Strive for long-term financial viability with an aligned business model,
  • Identify whether their mission is unique and necessary (as opposed to initiating a project within an existing organization), and
  • Plan for a bootstrapped success model based on partnerships and leveraging the help of others, in case funding doesn’t come easily.

Where would you like to be in 5 years?

In five years I’d like to be able to sign on to DonationMatch as a fundraising event chair in the U.S. or Canada, input my event details, and be able to fill my silent auction, opportunity drawings, and gift bags in an hour while having fun. This would be possible because of smart tools we're building into DonationMatch that help companies and brands want to donate goods because it's easy, cost-effective, and profitable. I can't wait for this day!

What is your weakness?

There’s always room for dessert. Even for breakfast.

What is another question you would like to ask Renee?

Capitalizing on Social Media to Expand Marketing Reach and Return

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Social Media Directions

In a survey of nonprofits conducted by VerticalResponse, 80% of respondents post updates to their Facebook page multiple times a week, compared to 66% for businesses.  The survey also found that for nonprofits, social media marketing has become a “preferred marketing channel because it offers free content distribution.”  And according to a Brafton blog post, because of the potential to successfully maximize their reach and return using social media, even on a tight budget, businesses will invest more in updating their websites and social media presence. Did you know that DonationMatch is another excellent way for businesses and nonprofits to maximize reach and return?  Through our free service, a business can get products in front of hundreds of potential customers through just one charitable event.  For nonprofits we deliver companies interested in doing well by doing good, increasing the fundraising potential for your events.

According to Edelman's 2012 goodpurpose study, 72% of consumers prefer to buy from brands that are charitable.  For nonprofits and businesses, using both social media and DonationMatch are ways to gain the exposure you both seek in less time.

What tips do you have for maximizing your marketing reach and results?

In-kind Partnerships With Nonprofits, Part I

By Renee Zau, Co-founder, DonationMatch A question posed in a LinkedIn group made me reflect on how many (typically small) businesses don't know how to use cause marketing, specifically in-kind (non-cash) marketing, to their advantage.  If you have a great product or service, one experience is all you need to convert newbies into customers, even raving fans.  How do you get yourself in front of more potential customers without "paying" for it?

  1. Donate a package or certificate toward an auction, a raffle, or goodie bags.  Most event attendees love these, and donors often get publicized both before and after the event.  Look at donation request letters as opportunities to get hundreds, even thousands, of eyeballs on your brand. You can do online searches for event calendars, ask your employees and customers about organizations they support, check out community boards, or use DonationMatch (my site) to save time (we make connecting with events, sending pre-filled donation forms, and gift certificate delivery paperless and quick.)  One more reason to like auctions: prize winners are the most willing and able to pay more for it than anyone else. You just found your best customer in the room!
  2. Provide event amenities (photography, food/beverage, decor, spa treatments, etc). For a furniture dealer, it could be VIP seating. Chocolates are popular party favors. I've seen HP and a photographer partner to make ornaments from photos with Santa. And who wouldn't appreciate mini spa treatments or makeup touch-ups from a local beauty product store, spa, or beauty school?
  3. Help spread the word.  Your communications reach is another asset companies tend to forget about.  Employees, customers, followers, subscribers... they count.  Be familiar with events you choose to promote, make them a good fit for your customers, volunteer if possible, and the added awareness can add to a charitable fundraiser's attendance and success just as much as any monetary donation.

These opportunities are all tied to nonprofit events, my favorite kind, but may be seasonal or harder to find.  Stay tuned for Part 2 of this post that gives more everyday ways to help in-kind.

Why not take one lunch break to reach out and explore possibilities with a particularly interesting local organization? And register on DonationMatch to be notified of event opportunities in your market - it's still free in many cities.  I (and your local organizations) will love hearing from you!