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Nondues revenue isnt new, but associations need for that revenue is. For years, associations have viewed nondues revenue as a bonus, but with revenue from memberships declining and the demand for engaging member experiences rising, nondues revenue is now less of a bonus and more of a necessity. 86 percent.
Ask them and, while youre at it, bring up the next articles topic. The article went into other reasons for not showing up, but these negative character traits get under my skin because I dread living in a society where this is acceptable behavior. Learn how to foster cross-departmental collaboration to create new revenue opportunities.
Snapsight explains how to use AI tools to turn session content into resources that generate revenue and engagement. Getting tired of all these AI articles? exam preparations, eligibility, exam content outline, study strategies, practice questions, tips and advice, etc.) No doubt, youll recognize a lot of these ugh-ly phrases.
Here’s a quote from the article to think about today: A fundamental paradox at the core of human life is that we are highly social and made better in every way by being around people… And yet over and over, we have opportunities to connect that we dont take, or even actively reject, and it is a terrible mistake. Team messaging.
How well does your membership strategy and marketing align with her assertion? Lead Marvels helps you make a case for a new revenue stream at your associationsponsored content. exam preparations, eligibility, exam content outline, study strategies, practice questions, tips and advice, etc.) AIs impact. Sponsored content.
Learning revenue. Nimbles AI success kit includes four useful resources: two 30-minute webinar recordings about AI for associations , plus an introduction to AI for associations and a guide to developing an AI strategy. exam preparations, eligibility, exam content outline, study strategies, practice questions, tips and advice, etc.)
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. Certification requirements. 1 CAE credit.
Taking a strategic approach to driving non-dues revenue might seem challenging. Read on for proven techniques and technolog ies that will help you boost your non-dues revenue in no time. . Driving non-dues revenue is critically important to your association’s long-term success. Strategies for driving non-dues revenue.
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.
In this article, well break down how clean data enables actionable insights and foresight across these three essential categories. One proven strategy is to use insights from past interactions to improve retention. Maximizing this data can help you track revenue, optimize costs, and forecast financial health.
In todays technology-driven world, associations that fail to modernize risk losing relevance, members, and revenue. Meeting evolving member expectations and staying competitive requires a commitment to embedding technology into every aspect of your organizations strategy. Stronger Security: Protect member data and build trust.
Well cover the core elements of a successful long-term strategy and walk through top tips to boost your associations member engagement , keep you motivated, and empower you to achieve your goals. Consultants can provide the focused work and expertise needed to strengthen your strategy. Your association is no different.
For associations and membership-based organizations, sustaining financial health often relies on diversifying revenue streams beyond traditional membership dues. Non-dues revenue (NDR) has become a critical aspect of financial sustainability, and an effective strategy heavily involves intentional and preplanned content development.
As we approach this year’s GivingTuesday on December 3, here’s a collection of articles that explore fundraising strategies to help you prepare and maximize efforts to engage donors, boost contributions, and make the most of this global day of giving. 3 GivingTuesday strategies for year-end nonprofit fundraising.
Driven by a change in what members want and are willing to pay for, associations are seeing changes in their key revenue streams, including which income sources sustain their organizations. Where Associations Get Their Revenue Today. Non-dues, or non-subscription, revenue. percent of their revenue from membership dues.
While we continue to monitor developments , here are some resources on how nonprofits can mitigate potential impacts: Diversifying nonprofit revenue streams Diversifying revenue streamsincluding with government grants so youre not dependent on one unsustainable source is not a new idea but perhaps a more urgent one.
To get a sense of what your association is missing, take a few minutes to read Jeff’s article and then share it with your staff and board. I had never heard of “backcasting” until reading this article from the American Alliance of Museums. – Proven Strategies to Increase Member Retention. Online learning myths.
They’re reporting on a non-dues revenue generating idea from the recent Non-Dues-A-Palooza ideation session: educational coaches who help professionals map out a professional development plan and guide them into your association’s education and credentialing programs. Presenters: Bill Zimmer, Vice President of Strategy, 360 Live Media.
Many members are struggling financially because they’ve been laid off, had their budget cut, or suffered revenue losses. Read the article (and report) to get the exhibitor perspective. Association websites compete with for-profits, media, and other associations for eyeballs, mindshare and even revenue. Affordable membership.
Associations usually rely on corporate marketing budgets for sponsorship revenue. The history goes further back than the article describes. Come ready to learn, share, and discuss strategy, resources, and challenges. The weekly list of free educational events and resources for the association community… Sponsored education.
If you work at a nonprofit, you already know the importance of developing a strategy for financial sustainability. It can help you decide on the revenue categories youll focus on, the likely mix of revenue from those categories, and the capabilities required to raise that revenue. But where should you start?
My session will illuminate current best practices in training and conference session planning and has come to be titled, “Leveraging Strategy to Amplify Education Initiatives.”. The Meetings Report reminds us to diversify revenue, reward difference, value context, maximize opportunities and prioritize learning.
The key step to a designing a new strategy or plan for association learning is to set achievable goals. These reasons may align with one or more strategic goals for your association, such as: Revenue Generation – boost non-dues revenue with online and blended learning programs. New Year, New Goals, New Technology.
Now he’s sharing the “woes and wows” of his experience in an article at EdSurge as well as “three tips for virtual conference organizers to consider, based on hours of my life that I will never get back.”. Presenters: Graham Harvey, Chief Strategy Officer, Matchbox Virtual Media. Virtual conference advice. CRP challenges. Host: ASAE.
Greg Pollack at Association Analytics recommends three useful strategies to elevate your association’s impact in the new year. I find good reads there, including many of the articles I share here. Leave with tools you can use today to build a strategy that best fits your organization. Data, AI and value propositions.
How vital is non-dues revenue for your association? In 1953, more than 95% of revenue for professional associations came from membership dues. Over the last few decades, the biggest driver of non-dues revenue has been technological advancements. For many, it is quite substantial.
The 2020 predictions and trends articles are starting to appear. If you’re not familiar with this Chinese condiment, this article from Taste about the cult of chile crisp will bring you up to speed. – Strategic Revenue Growth: Thinking Beyond Members and Sponsors. You’re not alone. Note to self: it’s all doable.
This article delves into the core issues these organizations face, offering insights into their complexities and proposing potential strategies for adaptation and growth. Creating Non-Dues Revenue: The traditional membership […]
WBT Systems describes nine virtual event strategies that minimize Zoom fatigue. In another article for AMP, Ronn Levine spoke to Gina Joseph, vice president of strategy and partnerships for VentureBeat, about their annual GameBeat Summit in April. Presenters: Graham Harvey, Chief Strategy Officer, Matchbox Virtual Media.
Most nonprofit fundraising strategies include a plan for online donations, event ticketing, and major gift programs. But one of the most overlooked ways to generate additional revenue is through corporate sponsorships.
TopClass LMS describes the advantages of credentialing exam study groups for candidates and associations, such as boosting pass rates, introducing people to your other programs, and generating new revenue. They also explain how to develop a content strategy, identify the best time for a redesign, decrease costs, and increase revenue.
A recent report from Naylor finds most communications teams are concerned they don’t generate enough nondues revenue. While content and sponsorship customization are good steps to take now, ad retargeting and podcasting could drive revenue in the future. Some associations have been quick to adopt sponsored content options.
Lowell Aplebaum and his team at Vista Cova published an excellent report on strategies and practices to prepare your board for effective governance. In a series of articles ( part 1 , part 2 , and part 3 ) at Naylor’s Association Adviser, Jeff De Cagna describes the elements and imperatives of board stewardship. Board development.
Listen to this article Your browser does not support the audio element. The conversations are inspiring, filled with examples of strategic initiatives, membership growth, innovative partnerships, and new revenue streams. Understand how the LMS supports professional development and non-dues revenue. If not, ask why.
Micropayments, a still relatively untested approach to tying content to revenue online, could benefit publishers—like associations—that are focused on niche content, experts say. Recently, the micropayments model has started to resurface in the publishing world as a potential revenue option for digital media outlets.
GrowthZone shares strategies for selling your board (or boss) on the need for a new AMS. True words from a Twitter review of historian Simon Sebag Montefiore’s article in The Atlantic, The Decolonization Narrative Is Dangerous and False: It Does Not Accurately Describe Either the Foundation of Israel or the Tragedy of the Palestinians.
It also needs a long-term strategy, beta testing, content, and consistent attention to ensure members receive value. All those elements provide a great member experience, which can help increase member acquisition, retention, and revenue. Like your website, an online community needs to be well-designed with the user in mind.
Listen to this article Your browser does not support the audio element. And when it comes to events —a key driver of both revenue and engagement for many associations—AI takes reporting to the next level. Curious to learn more about the MatrixMaxx AMS and how it can help transform your data strategy AND your organization?
The National Association of Federally-Insured Credit Unions has enjoyed a membership and revenue spike in recent years. The growth in more focused meetings in turn brought in increased sponsorship revenue, he adds. The post A One-on-One Growth Strategy appeared first on Associations Now. The secret? A lot of face time.
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. WBT shares the strategies and tactics resulting in a 693% increase in certificates for TRA in a competitive compliance training market. Non-dues revenue.
Past surveys revealed predictive variables that helped advocacy professionals wisely invest their time and resources in strategies and tactics that lead to legislator influence. Geez, it looks like they have A LOT to teach, especially in the editorial and revenue partnership departments. Virtual conference attendee’s attention.
Align site sponsorship opportunities with this strategy. Ensure ad order is set to random, equal distribution, so the only way to see a new ad is to click on another article. Kyle Sexton is the founder of ChamberThink Strategies and publisher of Chamber Today , done-for-you content for chambers and economic development organizations.
Online education revenue. WBT Systems recapped a recent Non-Dues-A-Palooza webinar where Will Hold, the CEO of the National Alliance for Insurance Education & Research, described how his association quintupled their online education revenue by offering subscriptions, corporate learning portals and learning paths focused on job roles.
In this post, he focuses on data management and digital strategy. WBT Systems identifies ten traits of an innovation mindset to cultivate at your association if you want to turn innovative ideas and strategies into reality. Unlocking Revenue by Driving Learner Engagement. More info/register. Host: xScion. 1 CAE credit.
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