Higher Logic

JULY 10, 2019

Since we know at least some churn is a given, is there any way for businesses to offset these costs? this metric is actually an effective growth strategy to help you counteract churn and increase overall revenue. Defining Net Negative Churn (+ How It Relates to Revenue). This is where net negative churn comes in. Next steps?

Revenue 184

Revenue Strategy Price Software 184

Reid All About it

OCTOBER 11, 2024

Impexium explains how to increase your association’s sponsorship revenue with a new relationship-based and expertise-focused approach to corporate partners. She shares three questions to help you declutter your media and other non-dues revenue products before adding anything new. Membership value. Association media. 1 CAE credit.

North Carolina 258

North Carolina Revenue Email Marketing Newsletter 258

Association Success

OCTOBER 15, 2020

According to a November 2016 report , revenues from membership dues were down to 45% of total revenue for trade associations and a meager 30% for professional associations. Advances in technology have opened new doors of opportunity to drive non-dues revenue. This combines publicity for your association with non-dues revenue.

Revenue 148

Revenue Directory Certificate Cost 148

MatrixG

MARCH 25, 2024

I attend a lot of webinars and conferences about non-dues revenue, including Non Dues-A-Palooza. I realized recently that hardly anyone is talking about AMS (association management system) as a revenue generator ; this makes no sense to me! So why isn’t your AMS part of YOUR association’s non-dues revenue strategy? Hard to know.

Revenue 105

Revenue Cost How To System 105

Reid All About it

FEBRUARY 28, 2025

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.

DC 258

DC Education Arlington Case Study 258

Nimble AMS

NOVEMBER 17, 2024

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. Remember that the cost of your products and services don’t influence your prices. What are our costs?

Price 117

Price Cost Products Strategy 117

Reid All About it

OCTOBER 25, 2024

Explore strategies to revitalize your association’s digital foundation, with a central focus on leveraging learning technology to kickstart revenue generation. 10 Common Webinar Mistakes to Avoid Webinars have become one of the highest-performing channels, across every industry, to drive pipeline and revenue.

Arlington 252

Arlington Revenue Education Strategy 252

Association Analytics

JUNE 2, 2021

Many organizations measure the success of their products by aggregate revenue, engagement numbers, and member feedback. Consider these key questions as you assess your product’s value: How much revenue is it generating and how many units have been sold? A product that was a big revenue driver a year ago, may have lost its appeal.

Products 282

Products Analysis Price Revenue 282

Nimble AMS

DECEMBER 18, 2024

Try using discount promotions in your associations e-commerce site to create an influx of revenue, especially during seasons of slow sales. Are you looking to increase membership numbers, improve retention, or grow non-dues revenue? The key is to align your associations goals with your pricing discount strategy.

Discount 102

Discount Price Revenue Tips 102

Association Analytics

APRIL 4, 2022

Tip #3: Find new revenue opportunities. You can still generate revenue but the audience doesn’t pay to attend. Don’t forget to look at costs. In addition to analyzing your virtual event data, you’ll also want to compare the costs for your events before deciding if it was worth it or not. Consider the increased workload.

Cost 321

Cost Revenue Tips Content 321

Aptify

APRIL 26, 2022

What are the costs you can’t avoid when implementing a new membership management software? Here are 4 unavoidable costs of member management software implementation. While there are numerous ways to keep costs down, it’s also good to be aware that there are some unavoidable costs that should be taken into account.

Cost 137

Cost Software System Price 137

AvidXchange: Association Management

JANUARY 22, 2025

From housing costs to deregulation and tariffs, finance teams may need to adapt to evolving conditions. Economic Uncertainty Economic growth or slowdowns during an election year can significantly impact project demand, revenue projections, and financial stability in construction, real estate, and community association management industries.

Team 130

Team Cost Project Association Management 130

Candid

SEPTEMBER 10, 2024

Recovery in earned revenue and individual giving lag behind inflation When nonprofit arts organizations reopened their doors after the pandemic, they faced a new hurdle: high inflation. Much like individuals who find their monthly budgets don’t go as far when prices go up, organizations found that the same activities cost much more.

Revenue 105

Revenue Organization Price Cost 105

Nimble AMS

FEBRUARY 16, 2022

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.

Revenue 126

Revenue Strategy Certificate Massachusetts 126

Reid All About it

FEBRUARY 21, 2025

SEO to Sales: The Organic Way to Turn Search into Revenue Hear about an organic SEO strategy that fuels real business growth (without relying on paid ads). Inflation-Fighting Budget Strategies Hear about creative cost-savings techniques to impact your bottom line. More info/register. Host: ClearTone Consulting Wed 2/26 at 12 p.m.

Arlington 258

Arlington Education DC Social Media 258

Reid All About it

SEPTEMBER 27, 2024

Non-dues revenue. If you’re a podcast listener, check out Association RevUP from Professionals for Association Revenue. Beyond Events: Building a High Value Sponsorship Program Hear about strategies for creating a year-round sponsorship program that replaces one-off event income with revenue gains that you can count on.

Arlington 281

Arlington DC Washington Revenue 281

.orgSource

JANUARY 28, 2025

In todays technology-driven world, associations that fail to modernize risk losing relevance, members, and revenue. Lost Revenue: A lack of engagement impacts renewals, event participation, and other revenue streams. The Costs of Inefficiency: Wasted Resources: Time and money are consumed by outdated workflows.

Member Engagement 88

Member Engagement Revenue Tools Strategy 88

EventMobi: Association Events

MAY 1, 2024

Events play a key role in engaging your members, generating revenue, and achieving organizational goals. Start by identifying the specific goals you want to achieve, such as increasing member engagement, driving more revenue from events , or helping members earn CE credits. Get the Guide 1. iPhone, Android, tablet, laptop).

Technology 264

Technology How To Case Study Price 264

Reid All About it

MAY 22, 2020

Billhighway explains how virtual events can help sponsors and exhibitors achieve their marketing goals —while helping chapters achieve their revenue goals. How Much Does an AMS Really Cost? Learn what goes into various AMS pricing structures, how to control the costs of a new AMS, and how to determine the true total cost of ownership.

Certificate 369

Certificate Revenue Conference North Carolina 369

Higher Logic

JUNE 17, 2020

Organizations have historically seen communities as having a siloed use case like deflecting costs for customer support or product innovation. I hope this mindset shift continues, because viewing communities as cost deflection tools limits the true power of community to grow your organization.

Cost 270

Cost Report Revenue Products 270

Blue Sky eLearn

MAY 4, 2020

So, beyond your standard questions about event schedule and production cost, what are the other most important questions to ask a virtual events vendor as you investigate their services? In order to cut down on costs, some digital event providers are leveraging free and/or open-source platforms that they do not control and maintain.

LMS 282

LMS Price Learning Management System Case Study 282

Reid All About it

NOVEMBER 29, 2019

Explore easy-to-implement, cost-effective ways to make a bigger impact with your events. Not only can you use digital marketing to grow your revenue but also your brand awareness, event attendance, and open doors to new opportunities. – Strategic Revenue Growth: Thinking Beyond Members and Sponsors. Tue 12/3 at 2 p.m.

West Virginia 360

West Virginia Washington DC Revenue 360

.orgSource

FEBRUARY 18, 2025

The risks of staying stagnant are high associations that dont adapt to technological advancements risk membership declines, revenue losses, and diminished influence. The Cost of Inaction : Declining Member Engagement : Members who dont feel connected to their associations are less likely to renew or participate in events.

Member Engagement 88

Member Engagement Strategy Survey Technology 88

Association Success

DECEMBER 15, 2020

Total dues and non-dues revenue for historical data set. Total cost to service a member over historical data period. This includes salary and cost of membership departments, publication, and marketing and promotional advertising costs. Step 2: Find the Average Cost Per Member.

Discount 147

Discount Revenue Cost Resources 147

Forj

APRIL 22, 2021

Are you creating new eLearning courses to provide value to members and bring in revenue for your association’s learning business? But, pricing them too low will prevent your team from making any meaningful revenue. Creation Costs: What is the cost of online course development? Where is the middle ground? Developers.

Price 172

Price Course LMS Discount 172

Higher Logic

JUNE 5, 2020

We'll look at stats in each of these categories: Online Community Costs and Return on Investment (ROI). Online Community Costs and Return on Investment (ROI). As communities age, the cost per member decreases dramatically – dropping significantly after year three. Lower support costs (48%). Lower support costs.

Cost 272

Cost Analysis eBook Report 272

Blue Sky eLearn

JANUARY 25, 2018

However, with the expense of an LMS comes online courses and on-demand webinars that can become a part of your non-dues revenue strategy as well as new avenues to acquire sponsorship dollars. In no time your sponsors and/or learners can be covering your LMS costs and then some. What’s Wrong with What We Have Now?

LMS 213

LMS How To Learning Management System System 213

Blue Sky eLearn

FEBRUARY 4, 2020

However, whether increasing non-dues revenue or new member recruitment, it’s just as important that your organization follows through with these goals. Non-dues revenue capabilities: Offset the cost of purchasing your AMS by choosing one that allows you to collect non-dues revenue through it.

Organization 270

Organization LMS Software Social Media 270

Higher Logic

MAY 29, 2020

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. Objection 1: Price.

Social Media 254

Social Media Member Engagement Tools Revenue 254

Blue Sky eLearn

FEBRUARY 27, 2020

It’s true, if you weren’t already planning on have a hybrid event there will be additional costs incurred, but now you’ll be opening your event up to a wider audience and forging a new path you can repeat and refine for the future. . Turn your face-to-face event into a webinar . Is your entire event getting canceled?

Content 271

Content Revenue Cost Tools 271

Association Success

MAY 20, 2020

Taking in all the parts and pieces required to produce your event, and determining the cost, can give you a basis for your pricing. Direct costs, indirect costs and your revenue expectations are major influencers when determining your budget. Are your speakers volunteering their time or speaking at a cost? .

Price 158

Price Revenue Cost Discount 158

GrowthZone

NOVEMBER 6, 2024

Can also update your website at no cost every 3 years!” By combining robust AMS features with a vibrant community hub, GrowthZone empowers associations to increase membership, boost revenue, and deepen member engagement. [Source: Capterra ] “It’s a great out-of-the-box solution that does almost everything we need our AMS to do!

Marketing 103

Marketing Software Membership Management Review 103

Higher Logic

APRIL 2, 2019

You might be familiar with these oft-quoted stats: It costs 5x as much to obtain a new customer than to keep an existing one [ Invesp ]. Engaging current customers positively impacts overall business goals in several ways, including increasing revenue by generating opportunities for sales of additional products and services.

Marketing 195

Marketing Revenue eBook Software 195

Association Success

APRIL 11, 2020

Associations who recognize their bottom lines will take a huge hit from lost revenue they anticipated from their annual conference are rethinking their positions on event cancellation insurance. Future event cancellation coverage will cost more based on what’s happening now.”. We’re in the middle of a forest fire right now.

Revenue 159

Revenue Cost Conference Price 159

Higher Logic

MAY 13, 2020

If this sounds impossible, it would be hard to achieve this level of personalization with individual outreach alone – that’s not scalable or cost effective. Non-Dues Revenue. An engagement platform helps you provide those valuable relationships 24/7, 365 days a year. Member Retention. Member Win-Back.

Tools 296

Tools Communications Email Marketing Recruitment 296

Reid All About it

JANUARY 22, 2021

– Expert Cost-Saving Tips: Budgeting in the New Normal. Learn creative cost-savings measures to impact your bottom line and how to measure your success with the creation of a Cost Savings Report so you can communicate these savings to your stakeholders in an impactful way. 1 CMP credit. Wed 1/27 at 3 p.m. – CAE credits.

Innovation 370

Innovation Education Communications Strategy 370

Reid All About it

JULY 17, 2020

Meetings Today talked to event planners about revenue diversification, in-person vs. virtual attendee engagement, and managing your mindset. Dues revenue is the lifeblood of most associations and in a blink-of-an-eye the other major revenue centers (like meetings and events) vanished into thin air. The future for event planners.

Montana 341

Montana Revenue Strategy Education 341