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Note from DR: I normally don’t feature paid events but I’m making an exception here for Lee because this is unlike any other event I’ve seen, plus you get a Brain Food discount. Non-Dues-Revenue Workshop #1: Two CaseStudies Presented by Association Executives with Q&A. Host: Lee Gimpel. Wed 1/27 at 1 p.m.
This article is an edited excerpt from the book Membership Recruitment: How to Grow Recurring Revenue, Reach New Markets, and Advance Your Mission. Early career members also received a substantial discount on dues, a private online community, and had access to a mentor program. [3] Find it on Amazon. Find it on Amazon. [1]
Teri Carden is cooking up a phenomenal-sounding digital experience for anyone interested in increasing their non-dues revenue. A digital pass subscription gets you regular small group meetups, monthly expert live streams, weekly newsletter, benchmarking data, on-demand content, one-on-one brainstorming session, and event discounts.
Your association can also realize increased non-dues revenue by using an LMS to deliver and promote engaging content in a streamlined course catalog. Jones, CAE, Chief Revenue Officer Mark L. Additionally, highlighting tangible benefits shows members the return on their investment.
For example, an annual event publication could be your biggest print run of the year – and a huge opportunity for revenue growth and boosting member knowledge. Increase non-dues revenue. CaseStudy: Data Informs Decisions | ASAE and Association Analytics Aim to Predict Engagement. What if your readers aren't engaged?
Non-dues revenue. A survey conducted by the Professionals for Association Revenue (PAR) revealed that 86% of associations said their business development strategy is underperforming or non-existent. PAR explains why a business development strategy is vital to association revenue health. 1 CAE credit. . – More info/register.
Membership fees provide extra revenue to reinvest back into your mission, and you can give members exclusive perks that reinforce their commitment. In exchange for this loyal, recurring support, associations offer members benefits like exclusive experiences, invitations, discounts, and even free items. billion by 2032.
From financial perks like discounts and referral bonuses to exclusive events and professional development opportunities, well-designed incentives can significantly boost your membership numbers and foster a stronger sense of community. This could be a monetary reward, a gift card, or a discount on future membership fees.
We have a tremendous opportunity to both diversify and expand our revenue streams while also providing a critical service to the next generation of workers (and members).”. Check out this casestudy to learn more. Generate Revenue from Education Content and Events. Manage Complex Continuing Education and Certification.
Host: Impexium MC: Donna Gandt, Chief Revenue Officer, Impexium & Billhighway Tue 12/12 at 10:30 a.m. – Learn about the process of planning, executing, and optimizing member-generated video campaigns to achieve revenue-based outcomes. Attend as many or as few sessions as you wish—sessions described below. More info/register.
Read our blog to discover how your continuing education program can repurpose content from live events, drive long-term revenue, and attract new learners. Drive more revenue By repurposing your continuing education program content, you can generate additional revenue. What does it mean to repurpose content?
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. Hotel Discounts. Overnight Shipping Discounts. Rental Car Discounts. Shopping Discounts. CaseStudy. (9).
Read our blog to discover how your continuing education program can repurpose content from live events, drive long-term revenue, and attract new learners. Drive more revenue By repurposing your continuing education program content, you can generate additional revenue. What does it mean to repurpose content?
Moments of economic turbulence provide the unique opportunity to start new businesses, launch disruptive new products, and strengthen customer loyalty – often at a discount,” writes Andrew J. Seek out companies willing to be casestudy subjects. Offer greater member advertising discounts.
What are your current revenue and sales priorities? You can strengthen anecdotal information with research such as member needs surveys, white papers and casestudies. You could narrow your choices by looking at where your organization’s programming and content resources will generate the most revenue and engagement.
The test group received the exact same direct mail package, but the with a $31 discount taking the price down to $199. The total revenue for the control group came to $24,150 while the total revenue for the test group came to $39,999. So the test group produced both more revenue and more members. CaseStudy. (9).
This article is an edited excerpt from the book Membership Recruitment: How to Grow Recurring Revenue, Reach New Markets, and Advance Your Mission. When I do presentations on the need for innovation, I often share a comparison of Sears and Amazon as a casestudy. Find it on Amazon. So, what happened? Find it on Amazon.
Relationships are at the core of all associations and chambers of commerce, paving the way for essential revenue that maintains their long-term success. Some of the key reasons to invest in this software include: Revenue maximization. Your members might not renew on time (or at all) if they don’t get an auto-renewal notice.
Relationships are at the core of all associations and chambers of commerce, paving the way for essential revenue that maintains their long-term success. Some of the key reasons to invest in this software include: Revenue maximization. Your members might not renew on time (or at all) if they don’t get an auto-renewal notice.
At 13,000 words (not counting 65 footnotes), it is a thorough exploration but well worth the time to read, even for association professionals, as it is jam packed with examples and casestudies of various new engagement efforts local stations are experimenting with all over the country, as well as some ideas from other industries.
Ten years ago, the hirings of the likes of Clark, Dodd, and DeMint would probably serve as straightforward casestudies in charismatic leadership—people who have a certain celebrity wattage that can attract positive attention (and perhaps revenue) for the organization’s mission.
• Dues Discounts. CaseStudy. (9). Dues Discount. (4). Non-Dues Revenue. (1). The session will take place this Wednesday, May 5, from 9:30 to 11:30. Here is the link to register. We will explore some of the following topics: • Pricing Theory. • Price and Offer Testing. • Price Points.
I think that even though every situation will be different, the book would have benefited from some casestudies that highlight the ROI and value that associations have achieved by deploying a successful social media strategy. I agree we need to back these concepts up with casestudies. CaseStudy. (9).
Non Dues Revenue and Affinity Programs for Members. CaseStudy. (9). Dues Discount. (4). Non-Dues Revenue. (1). . ► March. (4). ► February. (1). ► January. (3). ▼ 2011. (29). ▼ December. (4). Must-Have Membership Marketing Tools. How to Recognize a Good Strategy? ► November. (2).
Non Dues Revenue and Affinity Programs for Members. CaseStudy. (9). Dues Discount. (4). Non-Dues Revenue. (1). . ► March. (4). ► February. (1). ► January. (3). ▼ 2011. (29). ▼ December. (4). Must-Have Membership Marketing Tools. How to Recognize a Good Strategy? ► November. (2).
In that case, a modest dues discount led to dramatic returns. Also, take a look at my July, 2007 post on discounts (see link below). In this case, I monitored the impact of an initial dues discount over several years and saw virtually no negative impact. CaseStudy. (9). Dues Discount. (4).
The only option now for fiscal health is to grow revenue. VanBuskirk goes on to say, “If youre going to make a successful shift back into growth mode, you have to retool the organization for driving revenue vs. saving money. Resources, talent and priorities must flow toward revenue drivers.”2. CaseStudy. (9).
A new member discount is a great idea to test. CaseStudy. (9). Dues Discount. (4). Non-Dues Revenue. (1). Also, I will be helping to lead a session at the Alexandria Brown Bag Lunch meeting on Thursday, November 18th on this topic. It is free event. Let me know if you want more information. Tony Rossell.
• Associations that offer an “early-renewal discount” were more likely to see an increase in renewal rates over the past year (24% to 19%). CaseStudy. (9). Dues Discount. (4). Non-Dues Revenue. (1). Associations Now. (8). associaton marketing. (7). Awareness. (4). Branding. (4). Data Analytics.
• Life Time Value (LTV) – Understanding the long-term revenue stream a members will produce. CaseStudy. (9). Dues Discount. (4). Non-Dues Revenue. (1). . • Membership Tenure – Projecting how long a member will remain with your organization. Associations Now. (8). associaton marketing. (7).
Before you determine if a response rate is good or bad, you need to understand the costs and the revenue associated with your membership (what cooking temperature is required). If the revenue associated with the response is very high, then even the lowest responding list might be economically productive. CaseStudy. (9).
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