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Numbers aren’t Strategy. But knowing what you want to sell from a dollar/revenue standpoint is not the same thing as developing the strategy behind it. To reach your revenue goals you must also have a strategy. . Sadly, some organizations confuse communicating revenue goals with organizational ones.
Improving the Bottom Line with Non-Dues Revenue. While I’m not going to weigh in on either side (that is a decision best made by individual associations on a per case basis), what does become even more important is alternate forms of non-dues revenue. Buyer’s guides are also a popular way to increase non-dues revenue.
Without communication, both internally and externally, there’s no content, no strategy. In fact, only 6 percent reported having a communications strategy. Both challenges have increased since 2011, with 69 percent and 67 percent of associations stating those are the largest obstacles. That goes for businesses, too.
I’m seeing more and more sites that scrape content without permission and then get higher page ranking and increased advertising revenue. Zahn has a very informative post on the Palate Press site about website scraping, copyright, fair use and wine bloggers. Bottom-feeders! I’m riveted to the news from Egypt.
Without communication, both internally and externally, there’s no content, no strategy. In fact, only 6 percent reported having a communications strategy. Both challenges have increased since 2011, with 69 percent and 67 percent of associations stating those are the largest obstacles. That goes for businesses, too.
In a recent post , Associations Now blogger Joe Rominiecki shared what both he and I regard as a startling fact: 53 percent of associations surveyed in 2011 had raised their dues in the previous three years. No other single revenue category comes close to reaching that number.
Instead, the session was developed as a result of a conversation I overheard at last year’s conference describing the challenges associations often have implementing strategy they’ve either developed internally or in conjunction with a consultant. The resulting gap represents lost opportunities and revenue. Staff-driven?
Two out of five respondents (41 percent) to the 2017 Association Communications Benchmarking Survey feel their inability to generate non-dues revenue from communications is a significant challenge. Customization takes more time, manpower, strategy and planning than a one-ad-fits-all approach. Wednesday, December 6.
Align site sponsorship opportunities with this strategy. Kyle Sexton is the founder of ChamberThink Strategies and publisher of Chamber Today , done-for-you content for chambers and economic development organizations. Since 2011, Growthzone has partnered with Kyle to help Chambers and Associations grow.
They’re going to stick with their online encyclopedia and a set of educational curricula (which actually accounts for 85% of their revenue anyway…who knew?). December 2011 (7). November 2011 (6). October 2011 (9). September 2011 (9). August 2011 (8). July 2011 (7). June 2011 (7).
They do $700 million in revenue a year, so this is not a small company. December 2011 (7). November 2011 (6). October 2011 (9). September 2011 (9). August 2011 (8). July 2011 (7). June 2011 (7). May 2011 (6). April 2011 (3). March 2011 (4). February 2011 (2).
Tuesday, September 13, 2011. The 2011 Membership Marketing Benchmarking Report Now Available as a Free Download. It is my pleasure to announce the release of the 2011 Membership Marketing Benchmarking Report. I hope that you find the 2011 Report of help as you seek to maximize the membership results for your organization.
Wednesday, February 16, 2011. Participate in the 2011 Membership Marketing Benchmarking Survey. We have just launched the questionnaire for the 2011 Membership Marketing Benchmarking Survey and I want to invite blog readers who work for a membership organization to participate. at Wednesday, February 16, 2011. Newer Post.
Posted October 25, 2011. The product starts valuing the great salesmen, because they’re the ones who can move the needle on revenues, not the product engineers and designers. The phrase that jumps out at me is “they’re the ones who can move the needle on revenues.” December 2011 (7). November 2011 (6).
Plus, events are one of the ways that your association can raise non-dues revenue. . At Snowball Fundraising , we develop fundraising and event tools for nonprofit organizations, so we’ve seen firsthand how important it is to develop and fine-tune the right strategies when events have very specific goals. . Attracting New Members.
When you get the right mix of these value drivers and pair it with either a good salesperson or a great sales process, you can drive even more revenue for sponsorship than advertising alone. . Since 2011, Growthzone has partnered with Kyle to help Chambers and Associations grow.
global association strategy, regional planning and local infrastructure to grow your business. Revenue Streams Building Profitable Enterprises – AAO. Over the past four years, this AAO program has delivered new forms of revenue by leveraging and repurposing existing program content. GrowGlobally.org. Market & Biz Plan.
Lack of a commercial business license and bank account to collect revenues in local currency. The results they achieved in their Middle East region showed significant improvement within 12 months of implementing their new strategy in 2011: Growth in certification candidates of over 90%. Website traffic increased over 60%.
While the 2016 study uncovered promising new trends, data revealed that associations face the same primary challenges that they faced in 2011, and the approach to tackling those challenges has not necessarily improved. Watch our webinar about maximizing non-dues revenue for ideas about how to launch more revenue opportunities.
To my association family: Generating non-dues revenue (NDR) and increasing those figures year over year for associations is a key responsibility of being a Senior Group Publisher (that’s me!) Often, they aren’t—which is where we run into trouble with membership growth, retention and revenue. at Naylor Association Solutions.
Thursday, December 22, 2011. Non Dues Revenue and Affinity Programs for Members. So here is a quick list of possible non-dues revenue and affinity products that I have put together to get your thinking going. at Thursday, December 22, 2011. Labels: new products , Non-Dues Revenue. December 22, 2011 6:59 PM.
billion in revenue, and $23.7 Nearly two-thirds of labor unions have $50,000 or less in annual revenue. [2] 2] Twelve percent have annual revenue of more than $500,000. The national arm of the United Steelworkers is the second largest, with a revenue of about half a billion dollars. billion in assets, $26.3
Wednesday, December 28, 2011. How to Recognize a Good Strategy? We are told that the organization is going to launch a bold new strategy. In sports, we see the impact of strategy played out in game situatons right before our eyes. ” All of these items have their place, but they should not be mistaken for a strategy.
Specifically, the research by professor Greg Chen of the City University of New York’s Baruch College looked at charities’ records from the years between 2006 and 2011. recommended as a consideration for charities that seek to increase revenue from donative sources.” percent fundraising increase.
What’s Your Association’s “O” Strategy? Making it Rain: How to Drive Non-Dues Revenue with Michele Klecha, Club Managers Association of America and Scott Oser, Scott Oser Associates. ► 2011. with Adele Cehrs, Epic PR Group. So long, and thanks for all the fish (thats with me!). Friday Top 5.
These virtual presenters shared a unique knowledge and perspective concerning mission critical global growth strategy for becoming more locally relevant to customers and members in emerging markets. Co-Creation Partner Strategies to Build Local Brand Awareness. Essential Operations to Drive Local Business. Ajay Bhojwani, Dubai.
in order to generate extra revenues. Sue: Love the powerful way you framed this: becoming an agency for the sponsor and helping develop a strategy for them to realize their relationship goals. Dec 2011 (6). Nov 2011 (5). Oct 2011 (9). Sep 2011 (7). Aug 2011 (13). Jul 2011 (10). Jun 2011 (13).
Tuesday, November 29, 2011. are excellent strategies and tactics to use - but only when in pursuit of big vision. I believe a strategic plan, linked to nothing but short term revenues, is a ticket to irrelevance. Labels: leadership , members , mission , strategy , vision. strategy. (5). ▼ 2011. (27).
It’s difficult for those engaged in an activity to evaluate whether or not it is moving the organization forward in a key strategy area. ► 2011. (37). c) AMR Management Services 2011. This is easy to say, but hard to do. It’s even more difficult to say no to an enthusiastically presented new initiative.
We hear a lot about risk management these days, but when most organizations develop strategies for international growth or enter an international market, they tend to ignore political risks— the ways in which decisions by government or political actors in a country influence the organization’s activities. Managing Political Black Swans.
The Blackbaud Index reports some good news for small nonprofits: The Index found that three-month overall giving for small organizations (prior year revenue of < $1 million) increased 18.2% Check out Calder Strategies Mobile Campaign Primer. Dan released the 2011 edition of Words to Avoid. in November. Love free stuff?
Consider the most common pitfalls associations face implementing strategy. According to a 2005 Harvard Business Review article, “Companies typically realize only about 60 percent of their strategy’s potential value because of defects and breakdowns in planning and execution.”. So, how does this translate to your organization?
How well do these different tools and companies support your organization’s strategy? Perhaps your existing technology and partners were good enough at supporting the goals and strategies you had at the start of 2020. But your goals and strategies may look different now than this time last year. 3: Limited functionality.
global association strategy, regional planning and local infrastructure to grow your business. MCI Group invited 450 Brussels-based international association executives to participate in a survey to identify the leading challenges and opportunities looking ahead to 2011. Develop new initiatives and revenue streams. Membership.
Friday, November 11, 2011. Five Steps to Building a Membership Recruitment Strategy. I just responded to a question on how an organization should put together a membership recruitment strategy. at Friday, November 11, 2011. November 15, 2011 2:05 PM. November 15, 2011 5:44 PM. November 18, 2011 11:15 AM.
Tuesday, July 5, 2011. Membership organizations reported a triple play in membership numbers in the soon to be released 2011 Membership Marketing Benchmarking Report. The 2011 Membership Marketing Benchmarking Report will be released on August 6th with full results being provided to survey participants. ▼ 2011. (29).
August 16, 2011 -- Features Cutting your communications costs is not a long-term strategy for revenue growth or member retention. Smart organizations are consulting with readers and advertisers before integrating their member communications. By Charles Popper
Non-dues Program Proliferation – If a little non-dues revenue is good, more is better right? Beware of leaders who become obsessed with non-dues revenue programs as a way to generate additional income. Shelly’s favorite words are change, vision, strategy, tactics, learning, teaching and Lord of the Rings. strategy.
“A Member-Focused Board,” by Karen Conlon, in the Board Primer of the 2011 issue , was about as close as it’s been, but that article was mostly about choosing a governance model that allows the board to focus on member needs. What’s the one most important message you try to convey to your board about membership?
Too often; however, our content is produced without any content strategy and without a common core. So, the key question is: “Why should my association have a content strategy?” To increase revenue per member. To increase the associations total revenue so we can do more for our members, industry/profession.
• Associations have increased their official use of Twitter : 66% in 2010, 71% in 2011, and now 78% in 2012. • Associations have increased their official use of YouTube : 35% in 2010, 45% in 2011, and now 53% in 2012. ► 2011. (29). 2011 Benchmarking Survey. (9). Cost of Wrong Strategy. (8).
Thursday, September 29, 2011. Today, membership associations are introducing a variety of operational models and revenue streams. at Thursday, September 29, 2011. October 31, 2011 12:46 PM. November 1, 2011 9:51 AM. ▼ 2011. (29). The 2011 Membership Marketing Benchmarking Report. Publications.
Tuesday, January 4, 2011. Because as I continued to read , I found the book to be a very practical and constructive guide on how to go about starting and developing a social media strategy for an association. Open Community also emphasizes building a value proposition around your social media strategy. January 5, 2011 5:16 PM.
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