Tuesday, April 8, 2008

Ask not what you can do for your consumers but rather what your consumers can do for you !

Brand Obama - harnessing the power of loyal consumers?

The latest salvo in the Presidential hopeful's Web campaign is a site designed to process a million dollars in 60 seconds !

As the Democratic Presidential hopefuls approach Pennsylvania's Apr. 22 vote, Senator Barack Obama's (D-Ill.) campaign, trailing in statewide polls, is set to get a shot in the arm. Later this week, a small band of independent Obama supporters plans to launch another new fund-raising Web site, AnObamaMinute.com, with the goal of raising $1 million dollars in one minute.

Last week the Obama camp announced it had raised $40 million in March alone, nearly twice the amount raised by Senator Hillary Clinton (D-N.Y.) during the same period. In all, he has raised some $234 million. Through February, Clinton's campaign had raised $156 million.

AnObamaMinute.com calls for pledgers (who can pre-register) to register a donation within 60 seconds, at 1pm on Apr. 21. Could the site be interpreted as just another stunt in an environment where $1 million isn't what it used to be? "There is certainly an element of theater," admits one member of Obama's national finance committee who's familiar with the project (the campaign is participating to make sure all contributions meet federal giving requirements). But, it is also another ambitious fund-raising effort in a political season marked by campaigns that have aggressively pushed the boundaries of raising money, both off and online.