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Learning management systems have taken over how associations distribute and generate revenue from their professional development materials. Built-in course authoringtools are a good way to accomplish this, not to say they should replace your current course authoring. Assessment Authoring and Analysis.
So, you’ve decided to invest in growing your association’s learning business to provide more value to members and bring in non-dues revenue. These challenges could result in dissatisfied members, decreased participation, loss of revenue, and even high staff turnover if the administrative burden is too high. That’s great!
It’s easy to see why trade associations face challenges such as high administrative cost, struggles to increase membership, and low non-dues revenue. Further, you can maintain the privacy of each organization and automate your reports for simplified data analysis. Make purchasing courses an easy decision for member organizations.
When conducting this retrospective analysis, you may notice recurring themes pop up. In this guide, we’ll cover the following three common challenges faced by learning businesses: Decreasing Learner Engagement Low Non-Dues Revenue High Administrative Burden. Challenge: Low Non-Dues Revenue.
This is not intended to be a scientific or data-driven analysis of the changes. All the factors above have led to the emergence of what has become known as the “ creator economy ,” basically a technology-enabled business environment in which individual creators are able to generate revenue from their content.
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