Impacts of news media coverage on Canadian medical crowdfunding campaigns. Issue 1 (2nd November 2022)

• Record Type: Journal Article
• Authors: Snyder, Jeremy; Crooks, Valorie A.; Cole, Tyler
• Is Part Of: Journal of philanthropy and marketing. Volume 28:Issue 1(2023)
• Page Start: n/a
• Page End: n/a
• Publication Date: 2022-11-02
• Subjects: donor behavior -- donation‐based crowdfunding -- media coverage -- news media; Nonprofit organizations -- Marketing -- Periodicals; Marketing -- Periodicals; Associations, institutions, etc -- Marketing -- Periodicals; Marketing; Nonprofit organizations -- Marketing; Periodicals; 361.7630681
• DOI: 10.1002/nvsm.1778
• Languages: English
• ISSNs: 2691-1361

Abstract

Abstract: While donation‐based crowdfunding for health‐related purposes raises hundreds of millions of dollars yearly, most campaigns fail to meet their fundraising goals. Crowdfunding campaigners are advised to seek traditional news media coverage of their campaigns to increase donor interest and fundraising success. In this study, we seek to better understand what happens to donor behavior via donation‐based crowdfunding campaigns after they receive news media coverage. While research has focused on the impact of social media sharing on donation‐based crowdfunding, academic analyses of the impact of news media coverage is largely speculative. We searched the Newsstream and Factiva databases for Canadian news coverage of domestic donation‐based health‐related crowdfunding campaigns. This news coverage was paired with the crowdfunding campaign reported on in the story. Campaign text and daily fundraising totals and donor amounts were recorded for the 7 days before and after publication of the news article. The authors identified emergent patterns in this data around the amplification of personal information from the crowdfunding campaign to a wider audience and inclusion of new personal details. This process identified 17 relevant pairs of news stories and crowdfunding campaigns over a review period of just under 5 months in 2021–22. These campaigns raised a total of CAD$443, 134 (median CAD$20, 030) out of a total goal of CAD$772, 500 (median CAD$40, 000) or 57.4% of the requested funds. Median campaign donations and donor numbers increased for the 3 days following publication of the news article. Our exploratory analysis shows a relationship between crowdfunding campaigns that receive news media coverage and the numbers of donations and total amount donated shortly after this coverage. Campaigners may feel pressure to participate in news media coverage in order to reach their fundraising goals. Media coverage has implications for campaign recipient privacy and the equitable distribution of health‐related funding. This exploratory analysis establishes the need for additional research on this topic.