Monday, June 3, 2013

Are you ready for a new generation of constituents?

Are you ready for a new generation of constituents? Nonprofit leaders, meet the Millennials. Millennials, met XYZ nonprofit. Oops, there is a gap here. Most nonprofit leaders aren’t a part of Generation Y (also known as Millennials). Generation Y is considered to be individuals born in the early 1980s to 2000s. They come after Generation X. Millennials represent an important emerging group of potential constituents as they are also sometimes referred to as “echo boomers”. This refers to their size relative to the large group of Baby Boomers. In the US, birth rates peaked in 1990. It is helpful to know that Millennials have distinctly different behaviors, values and attitudes from previous generations as a response to the technological and economic implications of the internet.

Society and technology is evolving faster than many nonprofits can adapt. We have to come to grips with the fact that constituent landscapes are not only changing, they are evolving beyond our grasp. You and your leadership team are not dealing with constituents you know and recognize. You are in fact talking to strangers.
This means that we all need to spend a lot of time understanding what is important to this evolving group of constituents. Why would they want to engage with our mission? How do they make decisions? Without that level of empathy, we can’t create meaningful experiences for this emerging and important constituent. This group is critical to your future volunteers, advocates and donors. This would be the time to start designing experiences based on their interest and behavior.

Here is some information that may be helpful in looking at these strangers known as Gen Y:
  • Seventy-three percent have earned and used virtual currency.
  • Gen Y will form about 75 percent of the workforce by 2025 and are already actively shaping corporate culture and expectations. Only 11 percent define having a lot of money as a definition of success.
  • Sixty-six percent will look up a store if they see a friend check in.
  • Start-ups dominate the work force for Gen Y’ers. Only 7 percent work for a Fortune 500 company. They expect large organizations to hear their voice and recognize their contributions. They need an “intrapreneurial” culture.
  • They are three times as likely to follow a brand over family members in social networks.
  • Millennials watch TV with two or more electronic devices.
  • Millennials trust strangers over friends and family when it comes time for purchase decisions. They value user-generated experiences heavily.
  • Twenty-nine percent find love through Facebook while 33 percent are dumped via TXT or Wall posts. (I’m not making this up)
  • Gen Y’ers believe that other consumers care more about their opinions than companies do. That is why they share their opinions online.
  • Most people on Facebook have about 240 friends. Gen Y’ers maintain about 696 friends.

We need to bridge the gap from being strangers to becoming partners.

Population by Generation

1 comment:

  1. Yes, this is a tough one. I am 54. Sheesh, elderly it seems in comparison. I admit, we are one of those nonprofits with that gap. Funny thing though, a weird twist to this is, it has become in the last few years that most of those we assist are in fact millennials in severe poverty.

    While i am aware and remorseful that we do not connect very well on our website to the millennial constituent donor, we connect heavily with them when assisting them in need.

    I must figure out a better way to communicate with the millennial constituent via our website also. I have been thinking of this for a long time, well the last two years i would say.

    People our age yours and mine i am saying i think we were brought up to be talkers. Provide all the information we can. Our website has too many words i believe because of that. I have simplified it many times as i believe the new constituents, the millennials as you say do not want all that information. They want the feel. The quick impact so they can move on to their next interest.

    To be honest, as founder of our nonprofit i am struggling with this often in regards to our website experience.

    Excellent one Michael!

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