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Similarly, analyzing your event data from many angles can lead to a major impact on revenue. Situation : We’ve looked at the trend analysis and it indicates that we are not projecting to make our registration goal. In our previous blog posts on retention and product value , we illustrated how data isn’t one dimensional.
If you’re an association professional who is responsible for business development, exhibitor sales, non-dues revenue programs, or any other revenue growth roles outside of membership sales, please complete this survey , which should take less than ten minutes of your time. AMS selection. Attendee value. 1 CAE credit. 1 CAE credit.
If youre embarking on an AMS project, start your research with 108 Ideaspaces list of issues to consider when selecting an association management system (AMS). Lead Marvels helps you make a case for a new revenue stream at your associationsponsored content. AMS selection. Again, are you offering and promoting this aspect of membership?
As you strategize for the future, consider a few add-on tools to help you amplify the impact of your online community and strengthen your ability to meet the personalized needs of your members while driving association revenue, among other business objectives like recruitment and advocacy. Strategic content delivery.
Learning revenue. In an industry filled with revenue models, engagement tactics, and membership initiatives, knowing what truly drives success can mean the difference between growth and stagnation. Makes sense to me! They also explain how associations have adjusted their business models to monetize learning programs. 1 CAE credit.
In 2025, Congress is likely to consider new tax increases on association revenue, such as membership dues, sponsorships, investment income and educational program revenue. Learn how this initiative liberated teams to channel their energies toward higher-value projects. Luke Burgis [A revealing one to ponder.] Tax reform threat.
What is a SWOT Analysis? Taking time to regularly analyze these factors is an important part of strategic non-profit planning and analysis. Organizations often use SWOT to determine if a project or strategy can be successful and/or is worthwhile. How to Conduct a SWOT Analysis? For a general analysis, keep it simple.
Too late, and you risk overwhelming your employees and dropping the ball on important projects, including delivering value and engaging your audience. In the beginning, one or two people may be able to manage all these projects, but they will likely become strapped for resources as demand grows. Your Logins Have Plateaued.
Many members are struggling financially because they’ve been laid off, had their budget cut, or suffered revenue losses. Association websites compete with for-profits, media, and other associations for eyeballs, mindshare and even revenue. From Virtual Events to Real Revenue. Terry Brown, VP of Project Services, Protech.
Staff interviews are a critical element in preparing a business case: you’ll gather information to support your argument and you’ll identify project allies. Do a cost-benefit analysis of implementing a new LMS versus staying with the status quo. Show them that you’re ready to take on this project. Live and on-demand webinars.
James Young at Product Community shares ten revenue-generating product ideas. Learn how one association used personalized communications to gather data that boosted member retention, non-dues revenue, and year-round member engagement. Are you focusing on the right projects? Should you first focus on tools rather than projects?
As we did with Scott’s previous grant recipients , we examined the organizations and projects Scott selected to see what we might learn about her approach to grantmaking. Our analysis of Scott’s 2020 grants is available here.) . There is remarkable diversity and intentionality in the projects and organizations she chose to fund.
You’ll choose technology that helps you deliver the best learning experience possible to members and customers, and the maximum revenue to your bottom line. How LMS Consultants Help with Requirements Analysis. Your LMS provider may have a project manager but your association needs its own.
When it comes to non-dues sources of revenue, not all are worth the time, energy and effort. Organization leaders need to understand the total value of the revenue source, which means more than the return on investment; it also means looking at how much mission impact is perceived to be achieved by board members, staff, and members. .
On Thursday (9/26), ASAE is hosting a webinar about a possible existential threat to associations: legislators who want to apply the 21% corporate tax rate to the non-donation net revenue of tax-exempt organizations, like associations. Non-dues revenue. AI for associations. Need to sharpen your knowledge about AI? 1 CAE credit.
Now that this task has come to the forefront again, learn how to manage a project like this. Boost Membership & Non-dues Revenue in a Virtual World with Open Communities. Presenters: VMAE CEO and AVMA Director of Special Projects, Ralph Johnson. More info/register. Host: DC-Metro Association-Nonprofit Tech Network.
Hear about the funding-first approach to budget building and how prioritizing budgeting for revenue and support on the front-end of the budget building process helps with funding assessments and aligning and scaling programs, activities, and operations to available funding. Are you focusing on the right projects? 1 CAE credit. .
WBT Systems shares the story of the Texas Restaurant Association (TRA) whose compliance training programs delivered a 465% increase in revenue in the last six months of 2021. Non-dues revenue. – Business Analysis Skills for Data Analytics (Data Analytics Network). Sneak Peek into Recent Association Web Projects.
Sigh, another self-improvement project—almost complete. Agile Governance Workshop (Roadmap to Reinvention: Innovation to Drive Success—and Revenue Virtual Workshop Series). Website Redesign and Management: Straight Talk and Things to Know Before Starting Your Next Project. Thu 3/4 at 3:30 p.m. CAE credits. CAE credits.
Impexium describes three crucial principles that most associations and vendors overlook during an AMS implementation —things that will make your project much more difficult. Get a better understanding of when it’s time to build, refresh, or sunset programs to support revenue growth. AMS implementation. Credit card processors.
Project success stories. Sherry Budziak of.orgSource recaps accomplishments and lessons learned by the association execs and tech partners who shared their project stories at Solutions Day. Go on a whirlwind tour of some of our recent projects. Good things happen when you have good relationships with technology partners.
Since an AMS is at its essence a database, find out what kind of reporting and analysis you can do with the AMS alone, and what you’ll have to rely on other software to do. You don’t want to get too deep into your AMS project before learning you’ll have to budget for additional software and manage another vendor relationship.
For our first project,? For nonprofits with gross revenue under $1 million, a more positively-worded mission statement was associated with more money raised per dollar spent. For our second project,? An Exploratory Analysis of Nonprofit Mission Statements , we ran a different kind of analysis.
As chair of the Fundraising Effectiveness Project (FEP) and director of community engagement at Neon One, I’ve had the opportunity to closely observe the evolving landscape of philanthropic giving. Balance revenue growth with donor base expansion Revenue growth that relies on fewer donors poses long-term risks.
ASAE partnered with Association Analytics to integrate all data into a consolidated architecture for analysis. Connecting the Higher Logic community platform, branded as “Collaborate,” is the latest addition to this long-term project. Additional data includes community membership and discussion content for text analysis.
If you’re not sure who’s been down the same path, ask around to find out who’s in the midst of or who’s just finished a project or initiative that required a budget. Ask your project partners for their support. If allowed, bring some project team members to the presentation, most importantly, your colleague from IT.
Building Wagtown: A Passion Project (Radio Free 501c, the podcast of Rogue Tulips Consulting ) Every week Rogue Tulips brings the nonprofit community intriguing guests discussing vital topics affecting nonprofit organizations around the world—and we have fun doing it! More info/register. More info/register (PAR members only).
. – Website Redesign and Management: Straight Talk and Things to Know Before Starting Your Next Project. Get straight talk, best practices and things to know or avoid before taking on your next website redesign project (or if you’re in the middle of one). CAE credits. CAE credits. More info/register. Transactions Corp. Host: Impexium.
Project management. But these meetings often occur only after things go wrong or big projects end, says Ethan Mollick. He links to research on the best approaches to debriefs, but it’d be easier to read this DelCor post on the project close. Host: Professionals for Association Revenue Wed 9/6 at 11 a.m. CAE credit.
. – Leading Your Internal Team Through Major Technology Projects. A successful technology implementation project depends on more than just the technology you select. That partnership has to be managed—often on top of the existing full-time job your internal project lead already has. Host: Professionals for Association Revenue.
Guest: Lisa Lockman, Assistant Director, Data Analysis and AMS Administration, Association for Psychological Science. Website Redesign and Project Management: Straight Talk to Get You on the Right Path for Your Next Project. More info/register. Host: Association Women Technology Champions. Fri 9/9 at 12 p.m. Thu 9/15 at 11 a.m.
Your team likely plans and launches multiple fundraisers throughout each year to bring in enough revenue to fund the various initiatives associated with furthering your mission. Let’s break down the two sides of an operating budget—revenue and expenses—in more detail.
PCMA is partnering with Gevme on the AI-based Project Spark for the events industry , which is free now, but I can see revenue potential. Whenever you end a project or a client engagement, you probably do a retrospective analysis. We develop expertise from researching, thinking and writing. Don’t give that up!
IT will have a crucial role in an AMS project so you need them on board from the start. You’ll have to schedule the new AMS implementation around other projects so find out if they have a technology plan. Put together a cost-benefit analysis of implementing a new AMS versus staying with the status quo. How would this fit?
Revenue Revamp: 5 Game-Changing Fixes Help Chapters Increase Non-Dues Revenue in 2024 If sponsors, exhibitors, and advertisers believe your chapters can positively impact their bottom lines, chapters will convert more customers with less effort. Project Success Is Up to You: Taking Your Project to the Next Level I get it.
Sean Soth of Professionals for Association Revenue advises associations to take a collaborative approach to sponsorships. It continues to see record levels of engagement and its revenue is up by 34%. Leading Your Internal Team Through Major Technology Projects. Gale Mamatova, Director, Project Management Office, Fíonta.
For associations to progress, they must adopt best practices for planning, execution, and analysis. Scalability is an organization’s ability to expand membership and grow revenue without a significant drop in functionality, performance, reliability, and cost-effectiveness.
A few of them might surprise you, but they’re essential for technology project success. Host: Professionals for Association Revenue Facilitator: Sean Soth, Founder and Leadership Advisory Board Chair of Professionals for Association Revenue Wed 2/8 at 11 a.m. Change management. Volunteer leaders. CAE credit. More info/register.
The analysis and targeted process has made the team more productive and has increased revenues. Montgomery Events, a subset of the Montgomery Group, focus mainly on food, drink and hospitality events as well as several different niche events in the UK and Netherlands.
Major gifts continue to sustain nonprofits, representing almost 75% of total fundraising dollars in the latest Fundraising Effectiveness Project report. Of course, you should consider all of this analysis alongside the capacity data you gleaned from your initial wealth screen to get an accurate picture of the prospect’s giving potential.
A key ingredient for successful technology projects is collaboration. Join a discussion of emerging technology trends and the promise they hold for associations and non-profits, for-profit business practices that can grow revenue for your association, and how to better communicate and connect with your audiences in the new year (and beyond).
Last week, Associations Now did a story on my awesome client NICSA and the new membership model project we worked on together last summer. These “clusters of behavior” were uncovered through analysis of member activity data conducted for NICSA by Elizabeth Engel, CAE, CEO and chief strategist at Spark Consulting. Click to enlarge.
In December 2012, I was pleased to finally release Event Garde’s first research project. Following are the five key recommendations discussed in this report: Tactic 1: Diversify revenue. In a nutshell, The Meetings Report strives to describe the state of the Michigan association meetings industry. Register here.
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