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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. If your associations pricing stays stagnant, you risk losing relevance and revenue. What is a pricing committee? Why are regular pricing reviews essential?
They describe revenue-sharing models and offer tips for ensuring a profitable, equitable and peaceful partnership. Cecilia Sepp of Rogue Tulips Consulting takes issue with associations that repeatedly ask the same people to join committees and other groups rather than announcing and offering these opportunities to all members.
Nominating someone is simple and anonymous: submit their contact info and a sentence about them—the AWTC awards committee takes it from there. Education revenue. D2L describes the four factors to consider when developing a revenue strategy for your association’s education programs and five models for monetizing those programs.
They can’t simply send things out to committee and have committees study them for a year or 18 months and come back with recommendations. CEOs and board chairs/presidents have to be much more agile, says Jay Younger, FASAE, President & CEO at McKinley Advisors.
This can unsettle rank-and-file workers , but CEOs are also smart about communication and support as they explore new product structures and new revenue streams. That means leaders are increasingly asked to serve as change agents for their organizations. Adapting to AI.
Membership committees. Is it difficult to find members to serve on your membership committee? MemberSuite discusses the challenges faced by staff in charge of membership committees and suggests ways you can make improvements by revamping (or retiring) your membership committee. A terrific idea to steal! Tue 6/29 at 2 p.m.
Here are the highlights from the 2024 Nimble AMS and Salesforce product releases: Spring 24 In the Nimble AMS Spring 24 product release, we delivered the following exciting releases to enhance your staff and member experience: Nimble Communities now offers six more automations within committees, events, and volunteer opportunities.
In 2025, Congress is likely to consider new tax increases on association revenue, such as membership dues, sponsorships, investment income and educational program revenue. Luke Burgis [A revealing one to ponder.] Tax reform threat. 1 CAE credit. More info/register. More info/register. More info/register. CAE credit. More info/register.
They have groups within them, usually chapters, committees, or special interest groups that combine individuals with similar characteristics or priorities. If all your association’s data and reports focus on the big picture or individuals, then you’re not able to see how well chapters, committees, and other groups are performing.
Lori Ely, Chief Revenue Officer, Results Direct | RD Mobile. Particularly for companies and associations who rely heavily on event-related revenue, the COVID-19 pandemic will likely have a significant impact on their bottom line, especially if they do nothing to adapt their sales strategies. More info/register. Mon 4/13 at 1 p.m.
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. Affordable membership. Chapter bright spots.
Chapters can continue to generate non-dues revenue by partnering with their sponsors in new ways. Billhighway explains how to help chapters leverage their event and content assets to deliver desperately needed revenue to their bottom line and value to sponsors. Chapter sponsorships. Virtual event sponsors and exhibitors.
As hard as this is to hear, given what’s happened in associations this year (canceled meetings, revenue down, staff layoffs), it’s unlikely we’ve seen the bottom yet, and it’s likely we won’t see it for another 12-18 months. Ouch, I know. What you did yesterday won’t work today.
One difference this year: “For the first time in the survey’s history, the challenge of generating non-dues revenue topped all other obstacles faced by associations.” That explains the interest in communities like Non-Dues-A-Palooza and Professionals for Association Revenue. Eliminate the Executive Committee! Daughtry, M.Ed.,
Non-dues revenue. The State Bar of Texas partnered with Lead Marvels to provide an online resource library for members that generated $160,000 in revenue for the association this past year—plus lots of leads for their sponsors. PAR presenters will reflect on their year and share ideas for revenue performance in 2024 and beyond.
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. Educational coaches. Adults need guidance counselors too, says WBT Systems.
A note for the meeting planner: please order decaf for the next committee meeting. Only 30 minutes in and your highly energetic committee members have already come up with several new online learning program ideas. Find out how much staff time (in dollars) is spent on marketing and managing the program compared to revenue generated.
Association revenue. Professionals for Association Revenue released their Association Business Development Landscape Survey report. Join our EDI Committee and panel discuss how to keep inclusion in mind for your events and meetings moving forward. More info/register. 1 CMP credit. More info/register. Host: MPI Wed 3/22 at 8 am.
Vitullo dives into challenges facing scholarly societies, including shifts in revenue models and evolving member expectations. Learn how LSA is revitalizing member engagement and empowering staff and committees to take ownership of their roles.
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.
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.
What do I do about volunteers who are invested in the old way of doing things (standing committees, hierarchy, “paying your dues” before you can get involved, etc.) Or if you don’t already have a young professionals (or other targeted audience) group or committee, use the opportunity to set up a task force to assemble recommendations.
Some important reports that come to the top of my head include: Revenue reports. Past board and committee reports. Revenue Share Agreements. Course/webinar registration numbers. Month-to-month graphs and year-over-year summaries that demonstrate your program’s growth and trajectories. Non-Disclosure Agreements.
You can encourage your suppliers to participate in the existing standing committees that are appropriate (ASAE’s Technology Section Council is an excellent example of this). Supplier membership needs to be considered in light of your larger revenue and engagement goals. You can create a special supplier council or advisory group.
Boards and their CEOs aren’t interested in hemorrhaging balance sheets that come from dues losses and shrinking Trade Show revenues. 16% decrease in CEOs who say they are “very confident” in revenue prospects for the next 12 months. 436% increase in the number of CEOs who expect global economic growth to decline.
Our network committee members will each tell the story of their path to becoming an analyst. How Innovative Associations are Delivering on the Evolving Needs of their Membership and Driving Recurring Revenue. Host: Professionals for Association Revenue. The Key to Unlocking the Gold: Getting Buy-In on New Non-Dues Revenue Ideas.
Start driving more revenue to your fundraising or events causes with a new offering from Nimble Predictions, providing valuable insights through AI and enabling you to tailor and maximize your goals. Committees: Allow members to view their committee memberships and browse the member roster all from a modern, dynamic interface.
These webinars were repurposed from existing content, along with content from committee members volunteering as subject matter experts. Providing extra education opportunities for these members also opened up a new source of non-dues revenue for the association. Contact us at any time to speak with one of our data-loving experts.
– Ask Us Anything Expert Panel: Marketing, Revenue, Meetings & Technology. In this roundtable discussion, ASAE’s Key Committee chairs will offer insights, encourage you to share your own experiences, and listen and respond to your questions, concerns, and solutions. Michelle Korsmo, Chair, Key Industry Associations Committee.
Geez, it looks like they have A LOT to teach, especially in the editorial and revenue partnership departments. Association Revenue: Plan Your Work, Work Your Plan. To meet the challenge, our associations must meet the critical task of upskilling our teams and improving our revenue strategies. Futurist thinking. 1 CAE credit.
High-performing committees. WBT Systems describes how to establish a high-performing professional development committee. It starts with your association taking a holistic approach to learning, evaluating whether the committee approach is the best strategy, developing committee charges, and rethinking volunteer selection and training.
Keep the Seal of Approval concept in mind when examining your association’s offerings and unique value propositions, says Dr. Michael Tatonetti in a post by Carolyn Shomali at Professionals for Association Revenue. However, Non-Dues programs have the highest potential for overall revenue production. Host: ASAE Wed 10/25 at 9 a.m. –
As with most association events, partners play a key role not only in the experience of the program itself, but in generating revenue for the organization. Having a dedicated and trusted committee in place helps us effectively bridge the gap between member expectations and the event offerings.
Organizer: ASAE Professional Development Committee. While associations are included in some of the CARES Act’s programs, trade and professional associations experiencing severe revenue losses during the current pandemic were excluded from the popular and beneficial Paycheck Protection Program. Finding New Revenue Streams.
Their post describes four ways your association can leverage event and learning data to increase attendance, select content, improve programs and grow revenue. Fri 12/4 at 10 a.m.* – Generating Revenue in a COVID World. How to Rock Your Next Virtual Trade Show: Raise the Roof with Revenue. Virtual conference design. CMP credits.
Hear about the potential benefits and challenges of such a transformation, from increased reach and engagement to new revenue streams, while learning how to navigate potential obstacles. Host: UST Education Speaker: Tim Hopkins, CAE, Chair, ASAE Diversity + Inclusion Committee, and practice director, McKinley Advisors Thu 1/11 at 3 p.m.
Bonus idea: a competencies matrix for staff committee liaisons—brilliant! It can also help you create memorable, targeted, and successful events, experiences and other solutions that answers their needs, boosts your brand, and ultimately delivers revenue and brand loyalty. Member engagement. Wed 8/25 at 12 p.m. 1 CAE credit.
With the Spring ‘24 release, Nimble Communities is even more powerful, bringing additional integration with your committees, events, and volunteer opportunities. Our coupon support feature ensures it’s easy for members to apply coupons, ultimately driving revenue for your association.
Associations are giving everyone a voice like never before, using open APIs to enable grassroots voting, smarter committees and stronger online community. Association Revenue: Plan Your Work, Work Your Plan. To meet the challenge, our associations must meet the critical task of upskilling our teams and improving our revenue strategies.
With 1300 committees, 11 dues-paying divisions, 17 roundtables, 57 sections and a myriad of possible membership combinations, members had trouble figuring out how to get involved. In a quest for revenue, the Times will erect a paywall on March 28. Read the rest at Avectra… Open Community Case Study – Empowering the Periphery.
Networking Discussion: Best Practices for Diversifying Revenue Join your Fridays@4 colleagues for an open discussion about your best practices or challenges in diversifying revenue. Mastering the Art of the Win-Back: Strategies to Reconnect with Lapsed Members Are you looking to re-energize your community and boost dues revenue?
5 Digital Non-Dues Revenue Models That Work for Both Members AND Sponsors. Learn about proven non-dues revenue models that are truly sustainable because they provide high value content for members while also generating sponsor support and non-dues revenue. Using Event Media to Drive Revenue for Your Meeting. CAE credits.
We assist in strategic planning, recommending pricing policies for dues, conferences, and programs to maximize revenue streams and enhance financial resilience. Our seasoned financial management professionals develop and manage these critical relationships with direction from the association’s Treasurer, Finance Committee, and Board.
How to Generate Revenue for Advocacy Efforts Learn about strategies and best practices for generating revenue for association advocacy efforts. Hear about various revenue streams, including sponsorships, advocacy funds, and events, and tips on how to optimize each of these revenue channels. 1 CAE credit. 1 CAE credit.
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