article thumbnail

Don’t Ignore Non-Dues Revenue Potential of Digital Badges!

WBT Systems

We already know that not only does eLearning provide a valuable member service , leading to higher member retention rates, it can also generate an important additional source of non-dues revenue. Value of Digital Badges for Association Members. Non-Dues Revenue Potential of Digital Badges for Associations.

Revenue 231
article thumbnail

4 best practices to reevaluate your association’s pricing strategy

Nimble AMS

Without routine pricing reviews, your association could be leaving profit, and member satisfaction, on the table. Regular pricing reviews will keep your association ahead of competitors, alert you to missing revenue opportunities, and ensure you dont lose relevance with your members. Why are regular pricing reviews essential?

Price 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Overcoming the association value gap: part I

Principled Innovation

According to the most recent edition of ASAE’s Operating Ratio Report ( ORR ), membership dues account for an average of 38 percent of total revenue for all associations. No other single revenue category comes close to reaching that number. Keeping dues flat makes for a goodwill gesture to members who are tight on money.

article thumbnail

What is the Association Value Proposition?

Eric Lanke

Lego Value Meal Another subject we tackled at the dinner I mentioned in a previous post was the much-reported sickness of the association value proposition. Just what is the association value proposition that is so besieged ?

article thumbnail

Overcoming the association value gap: part II

Principled Innovation

This post originally appeared on the Associations Now Leadership Blog on March 28, 2013. In Part I of this series earlier this month, I identified the association value gap as an underlying structural problem within membership-centric business models. You can read Part I here.

article thumbnail

Want to Maximize Association Membership Value? Create Indispensable Engagement

Higher Logic

Strengthen Your Association's Value Proposition with Engagement. Learn about how your association can use engagement tools to solve four of the biggest organizational challenges facing associations today: Member Acquisition. Non-Dues Revenue. Reggie Henry, Chief Information and Engagement Officer, ASAE.

Tools 296
article thumbnail

Building Buy-In for an Online Community at Your Association

Higher Logic

While the way you align your proposed member community with your executives’ goals will vary by association, five of the most common priorities you might find in the strategic plan include new member acquisition, member engagement and retention, non-dues revenue growth, advocacy and legislation, and maintaining relevance.