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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 memberexperiences rising, nondues revenue is now less of a bonus and more of a necessity.
If youre embarking on an AMS project, start your research by reviewing 108 Ideaspaces list of issues to consider when selecting an association management system (AMS) , such as reporting, security, API, technology partners, access control, cost of ownership, vendor stability, and the ability to expand software capabilities as your needs change.
Are you looking for strategies to drive revenue to your association? Rather than reducing product costs and increasing sales, you could reconsider your organization’s pricing strategy. However, pricing mistakes can set back your organization’s viability, impacting member satisfaction. What are our costs?
Business Growth Hacking Lab To grow your membership and non-dues revenue to the next level, what changes must be made in marketing, tech, people, and business development? 5 Strategies For Driving Member Engagement in 2025 Many associations are challenged with engaging members on a consistent and ongoing basis. Host: WorkerBee.TV
They go into detail on the items that belong on your list: reporting, security, API, technology partners, access control, cost of ownership, vendor stability, and the ability to expand software capabilities as your needs change. Learn about strategies for leveraging non-dues revenue opportunities strategically. 1 CAE credit.
Why Your Data Matters & What You Can Do With It Learn how to harness your association’s data and build a culture of analytics to help drive strategic decisions, enhance memberexperiences, and unlock new opportunities for growth. More info/register. Host: ClearTone Consulting Wed 2/26 at 12 p.m. More info/register.
Excitement, pride, gratitude—all of these emotions can stem from a positive memberexperience! So how do you improve your memberexperience? Memberexperience describes how people view, feel about, and engage with your organization’s brand. But first… Why Does MemberExperience Matter?
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.
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. Don’t assume you know, and don’t assume your board members’ experiences are typical of your entire membership base.
Create a digital space for them to engage, and then use intentional, targeted communication to build a personalized experience for each one of them, reaching them with relevant content at the right time and place. Member Retention. Member Win-Back. Non-Dues Revenue.
Hear about 20+ helpful freemium, low-cost, and game-changing solutions out there to make your job easier—tools that can automate your workday and make connecting online easier. Tips to Extend Your Event’s Reach and Revenue. Leverage Data to Drive Member Engagement. Data Segmentation and Its Huge Impact on the MemberExperience.
Are you creating new eLearning courses to provide value to members and bring in revenue for your association’s learning business? Pricing them too high may deter members from investing. But, pricing them too low will prevent your team from making any meaningful revenue. Where is the middle ground? Developers.
Creating a virtual learning experience that can replicate the benefits of in-person instruction will become a more pressing priority for education professionals. Hear three examples of how our customers have addressed this very challenge using practical, cost-effective strategies. 5 Ways to Enhance the Modern MemberExperience.
Hear about creative ideas for offering variety while maintaining cohesion in your menu, tips for effectively communicating menu options and collecting guest preferences, and cost-effective strategies to create an impressive dining experience within your budget. Do You Trust Your Member Data? 1 CMP credit. More info/register.
How can associations provide corporate partners with valuable access to their member communities ? That’s the question the Professionals for Association Revenue asked several association executives and consultants. More info/register (members only). Sponsorships. 1 CAE credit. . – 1 CAE credit. More info/register. 1 CAE credit.
Perhaps they can’t afford to turn their revenue center into a cost center. Perhaps it seems safest to eliminate the costs associated with the in-person conference. Improve the memberexperience with curated networking. Some associations are doing away with their conferences altogether.
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. And often they can offer their services for little or no cost to you.
Perhaps you’re worried about losing your member data or don’t have a clear strategy for determining which software would best benefit your organization. Waiting to adopt new technology can greatly cost your association. Read our blog to learn the true cost of waiting to adopt new technology.
Convenience is key to a great experience and key to your future revenue. Here are 5 ways you can boost your association’s revenue in 2021. Membership dues are automatically charged to the member’s credit card. This will enable you to grow the number of members utilizing auto-renewal. Remove the cost barrier.
Competing against niche professional organizations, membership and conference revenue has “slowed to a trickle.” Expert Series: Be the Association Hero: Increasing 2024 Non-Dues Revenue Hear about key strategies that will help you drive more non-dues revenue and build a true career growth destination for your members in 2024 and beyond.
Too early, and you’re shouldering additional cost before it’s warranted. Some platforms even offer integrations with third-party data analysis and business intelligence tools to help you connect engagement to results like satisfaction, retention and revenue. Catch Members’ Attention with a Well-Managed Community.
A lax approach to authentication leaves you vulnerable to phishing and spoofing attacks that can cost millions—not to mention your brand reputation. How Association Marketers Are Using Digital To Grow Member Engagement & Revenue. . – Why Authentication Matters: An Email Marketer’s Crash Course in DMARC, SPF, and DKIM.
They also need to utilize technology that captures the memberexperience. Many associations offer services intended to solve issues for traditional members, but these offerings may not appeal to tech-savvy and tech-friendly millennial members.
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.
It brings in more revenue without any extra expenses. A 5% increase today will result in a significant 60% rise in revenue over a decade. A 5% increase today will result in a significant 60% rise in revenue over a decade. Ensuring that your revenue from dues surpasses the cost of serving your members is essential.
Are you looking for strategies to increase non-dues revenue? Leveraging your learning management system (LMS) to generate non-dues revenue is the perfect way to prioritize your goals throughout the year. Read our blog for 13 tips to utilize your LMS and drive non-dues revenue. You’re not alone!
Planning Like It’s Your Opening Day: Resources to Develop Your Next Annual Budget Hear about a new approach to annual budgeting—one focused on how to grow revenue, relevance, and relationships, not on how to simply cut expenses. Do You Trust Your Member Data? Learn how data silos alienate members and how to fix them.
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?
Remember, investing in new technology not only brings benefits to your organizational operations , but it improves the memberexperience. According to the Community Brands Study, there’s a direct correlation between innovative technology and member satisfaction. Therefore, having a flexible IT budget is key.
That’s on us, says Jay Cost at The Dispatch. Common Errors in Nonprofit Revenue Recognition and How to Avoid Them Learn about the most common issues with nonprofit revenue recognition, including accounting, presentation, and disclosure issues and errors that are commonly missed by nonprofits. 1 CAE credit. More info/register.
Expect to automate your data to level up your marketing campaigns and inspire member loyalty. According to Salesforce Customer Success Metrics , organizations that adopt Marketing Cloud report a 27% decrease in costs to acquire new constituents. Is your organization hoping to boost productivity, generate leads, and increase revenue?
This vital e-commerce feature allows members to purchase products in a single click. Goodbye cart, hello revenue! The Summer product release boosted the Nimble AMS Chapters functionality , allowing staff to easily transfer membership for chapter members. How AI helps your association provide an excellent memberexperience .
We’re constantly updating Nimble AMS to bring you the best features possible to create amazing memberexperiences and eliminate low-value work. Your association’s e-commerce experience can go a long way towards delivering an amazing memberexperience. E-Commerce enhancements. Accounting upgrades. Growing up .
Membership fees provide extra revenue to reinvest back into your mission, and you can give members exclusive perks that reinforce their commitment. But to effectively deliver those perks, engage your members , and maintain steady retention rates, youll need the right membership management software in your toolkit.
Examples could include quality, cost, growth, and memberexperience. If your metrics include membership dues, event revenue and product purchases, roll them all under the broad category of Total Revenue. Step 2: Place your metrics into broad categories. An example might be in the Financial category.
The first question from leadership will be “How much will this cost?” Put together a cost-benefit analysis of implementing a new AMS versus staying with the status quo. Highlight how the current AMS is hindering progress toward goals and how a new AMS would help your association achieve its goals. #4: 4: Research Potential Solutions.
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. This leads to bids with huge cost disparities because of massive amounts of guesswork. CAE credits. More info/register. Thu 3/3 at 3 p.m.
Our experience tells us you can save your association from months of costly deliberation and implementation woes. At its core, an AMS houses your member data and processes payments related to things like membership dues, donations, and registrations. You want to send a series of emails to members who need to renew soon.
Host: Professionals for Association Revenue Wed 9/6 at 11 a.m. 2023 Association Trends Study: Redefining the Association Experience Get a deep dive into the comprehensive findings of the 2023 Association Trends Study. Get a quantitative look at the campaigns that have made them over $200K in new dues revenue so far this calendar year.
Hear how digital events helped four associations increase engagement and brand awareness, and drive membership, attendance, and revenue. PCMA members only, I believe.). You association needs to leverage a strong platform to deliver a world class memberexperience. Host: Nimble AMS. More info. (.5 5 CAE credit).
Raymond Carver, “Rain” Non-dues revenue. But We Want Your Sponsorship How can an association build non-dues revenue and member engagement all at once? cities and 25 global cities scored the highest on this year’s list and how key factors like hotel costs and airlift are changing. Would I live my life over again?
To speak to their concerns, talk about how new technology can help you increase revenue through activities such as: A dynamic, personalized e-commerce experience through flexible payments, cross-sell, and special offers . Smart event management systems to keep non-dues revenue flowing in . Next Steps. Take the Next Step.
With innovation moving today at light speed, you need to leverage a strong platform if you want to deliver a world-class memberexperience. Increase Engagement and Drive Revenue with Marketing Automation. Shake It Off: Member Engagement Taylor Swift Style. More info/register. Sponsor: Ingeniux. Host: orgCommunity.
Here are three of the best ways to use your member engagement metrics to help increase revenue. 3 Ways to Use Engagement Metrics to Increase Revenue. Sponsors are often an important source of non-dues revenue for associations. These members are your best opportunities for upsells and membership upgrades.
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