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Pair his post with this one from Northstar Meetings Group: 17 ideas for incorporating revenue-generating opportunities into your online meetings, conferences and webcasts. Hear about some major considerations for online engagement. Driving Revenue when the Engine Stalls. More info/register. Host: Matchbox Virtual Media.
Be assured that the current slow growth environment or an economic downturn will inflict significant pain on your revenues and membership at some point. Organizational Association balance sheets took significant hits in 2008 and 2009, and there little reason to think otherwise in the current environment. Traditional .
You may know her as the host of Association Chat , which started as a weekly Twitter chat back in 2009, and is now a webcast. Many associations struggle to identify additional sources of revenue and content for their members. Turn MemberEngagement and AMS Data into Effective Marketing. Host: The Next Steps LLC.
Boards and their CEOs aren’t interested in hemorrhaging balance sheets that come from dues losses and shrinking Trade Show revenues. From 2009 forward, leading Associations find ways to maintain their relevance and are perceived as the Industry or the Profession.
The organization is investing its revenues to produce market research or technologies that provides meaningful insights to reduce costs or grow top line revenue. These approaches accelerate board engagement and make your board deliberations more strategic. WISP’s align with and drive business outcomes for industries.
For example, through survey research in 2014, the Global Cold Chain Alliance identified key business outcomes that matter most to its members. Helping the industry reduce regulatory compliance costs and grow revenues were high priorities. Member Call to Action.
Following the company purchase, new owners use concrete strategies that improve operations, products, revenues, and market position. Earlier in his career, Caldeira worked firsthand with Private Equity while at Dunkin’ Brands (2007-2009). Private Equity Investment is Exploding. Lee Partners.
As it happens, I entered the association world 10 years ago, and 2009 was the year associations began truly feeling the pain of the recession that formally started in 2007. As revenues began to trickle at associations and travel budgets tightened, there was much talk about what kind of technological fixes might help right the ship.
There is a lack of innovation, seeking out member''s business needs, and listening for those things that could be huge drivers to memberengagement, expanded revenues, and rising net worth. So don''t rule out interest income as a revenue source. That is another good question. Yes, I said interest income.
Looking into new markets or revenue opportunities can give associations a cushion in a downturn, but boards can stop short of investing in new ideas if the economic picture isn’t sunny. Five years ago, according to the study, the bulk of associations’ organizational priorities were on member acquisition and retention.
We have such high expectations of our association databases and keep reading articles about how they can drive memberengagement, business intelligence and revenue generation. December 2009 (1). November 2009 (2). June 2009 (1). May 2009 (2). April 2009 (1). March 2009 (8). Nobody did.
Association executives remain optimistic overall about their economic fortunes, according to a new survey, but economic storm clouds are also prompting many organizations to reorganize staffs, consider budget cuts, and examine how to diversify revenue streams. There’s an opportunity to engage in some generative discussion.”.
Its one thing if your members are old-school or not that interested in online discussion, but for the demographic they were targeting, why did they think members would want to interact with each other on an online bulletin board while their other online interactions are likely on Facebook or something similar? December 2009 (10).
Heck, in 2009 – 38 years after the first email was sent – the Wall Street Journal put its epitaph in print: “Email has had a good run as king of communications. Now, I would definitely agree that the email of 2009 is certainly dead. Now take your segmentation one step further, segmenting your members based on past behavior.
When we look at several key membership marketing functions, our statistics show that email usage has grown from 2009 to 2010. The following chart shows the percentage of associations using email for building awareness with prospective members, getting new membersengaged with the organization, and renewing members all increased.
As you may recall, last year, our survey provided critical comparative data on how organizations recruit members, engage new members and renew their members. ► 2009. (69). 2009 Benchmarking Survey. (12). Non-Dues Revenue. (1). Last Chance to Participate. Is your SEO Really Optimized?
As readers of this blog know, this marks the third year that we have surveyed membership organizations to better understand the strategies and tactics used to recruit members, engage new members, renew existing members, and reinstate former members. ► 2009. (69). 2009 Benchmarking Survey. (12).
This marks the fourth year that Marketing General Incorporated (MGI) has surveyed associations to better understand what is going on in the membership market and what is working best to recruit members, engage new members, renew existing members, and reinstate former members. ► 2009. (69).
Since forever, associations have overemphasized number of members as a metric. I'm not saying it should be ignored all together, but other metrics are much more important, such as memberengagement, and how well you reach members in ways that affect how they conduct themselves. ► 2009. (69). 5 months ago.
Conrad -- The most effective new memberengagement programs that I have seen encourage new members to have a second interaction with the association. Three Steps to Engage Volunteers in Membership Mar. ► 2009. (69). 2009 Benchmarking Survey. (12). Non-Dues Revenue. (1). Tony Rossell.
Key components associations should reengineer that will lead to incredible growth in member excitement, loyalty, and revenues are: Narrowing your focus on doing programs and services for your members they can’t do themselves, allowing you to charge “retail dues.” Crowdsourcing.the KEY to Online Engagement.
Additionally, 31% of associations indicate no change in their membership counts, the highest percentage reported since 2009. These membership drivers include providing value, adding new members, engaging in continuous innovation, reaching emerging generations, and increasing memberengagement.
Engagement comes by impacting a member’s behavior. He writes, “I define memberengagement as the following: Engagement is the result of a member investing time or money with the association in exchange for value.” Here’s How to Engage Your Members. ► 2009. (69).
Intuitively, we all know that members using the associations services is good, but seeing the statistics to support it highlights the critical nature in the membership lifecycle of memberengagement. ► 2009. (69). 2009 Benchmarking Survey. (12). Non-Dues Revenue. (1). ► September. (3).
It is incumbent upon any association to first provide value to its membership and then to communicate that value to the members on an ongoing basis. Building community and memberengagement is the key to successful membership marketing. ► 2009. (69). 2009 Benchmarking Survey. (12). Non-Dues Revenue. (1).
Ben and I finally met in person, after becoming acquainted via blogs and Twitter, at the 2009 ASAE Annual meeting in Toronto. Revenue Generation Through Innovation: A Conversation with Rick Harris Hear how associations can discover new revenue opportunities through creative strategies and innovation. 39 minutes of me.
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