Nimble AMS

APRIL 29, 2022

Are you looking for tried and true methods to maximize your association revenue? There are myriad options on how to increase profits, however, leveraging successful strategies at your organization guarantees increased revenue and delivers value to the member experience. . Try out these four proven revenue boosters ?at

Revenue 114

Revenue Strategy Discount Price 114

Blue Sky eLearn

OCTOBER 30, 2018

Below are a few ways to spread some holiday cheer while also boosting end-of-year eLearning revenue. Offer your learners holiday discounts in the form of coupons and product bundles. Here are some tips for success: Discounts tend to be most effective when offering at least 30% off. A Festive Welcome.

Revenue 120

Revenue Discount LMS Course 120

WBT Systems

JULY 26, 2016

Is your association generating as much non-dues revenue as it needs to, wants to, or has the potential to? One great way to do this is to look to your online education and certification programs – with your Association Learning Management System, generating non-dues revenue is easy!

Revenue 240

Revenue LMS Learning Management System Course 240

Blue Sky eLearn

MAY 13, 2019

Associations are always looking for new and creative ways to drive additional non-dues revenue. At a recent Association SIG Summit, Blue Sky Client Success Manager, Kara Adams, joined a group of association executives as they crowdsourced ideas to drive non-dues revenue. Anything you think we are missing? Comment below! Sponsorships.

Revenue 168

Revenue Certificate Social Media Course 168

WBT Systems

MAY 9, 2017

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. Non-Dues Revenue Potential of Digital Badges for Associations. Value of Digital Badges for Association Members.

Revenue 231

Revenue Certificate Learning Management System Course 231

Higher Logic

JULY 10, 2019

, 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). Net negative churn means that over a given period of time, you lost customers but still grew your overall revenue. Cross-selling. You decline. Next steps?

Revenue 184

Revenue Strategy Price Products 184

Freestone

NOVEMBER 22, 2023

Is your organization looking for tips to generate end-of-year revenue? You’re not alone. Community Brands reports that while professional development contributes to a small amount of non-dues revenue, 51% of members want training opportunities and certifications or credentials.

Revenue 52

Revenue Education LMS Price 52

MemberClicks

SEPTEMBER 29, 2022

and relying on a single revenue stream is too risky. This is where non-dues revenue comes into play. By generating non-dues revenue, you can: Grow your association’s revenue Avoid implementing higher membership dues Diversify your revenue streams. What is Non-Dues Revenue? But remember: no size fits all.

Revenue 98

Revenue Tips Certificate Social Media 98

Freestone

DECEMBER 12, 2023

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!

Learning Management System 76

Learning Management System LMS Revenue System 76

Crowd Wisdom

JULY 27, 2023

Today, mounting financial pressures are leading associations to seek new ways to generate non-dues revenue. According to Community Brands research, association professionals plan to turn to new forms of non-dues revenue to address any revenue losses, with 68% prioritizing increasing non-dues revenue at their organizations.

Revenue 52

Revenue LMS How To Course 52

ISAE

SEPTEMBER 14, 2023

Growing Your Association’s Non-Dues Revenue: The Basics The idea that all or most of your association’s revenue should come from membership dues is an outdated, inaccurate assumption. According to ASAE, dues made up only 30% of total revenue for professional associations in 2016, a steep drop from 95.7% Let’s get started!

Revenue 52

Revenue Learning Management System Course eBook 52

Leading Learning

MAY 19, 2022

So is non-dues revenue. You pitch the product, pull the customer into the funnel, process the payment, recognize all the revenue immediately, deliver the product, and that’s that. That means more learners, learners have access to more learning, and revenue starts adding up. Revenue Potential. I was wrong. We added it.

Revenue 97

Revenue Price Course Content 97

Velvet Chainsaw

DECEMBER 11, 2019

If your conference is like most, sponsorship revenue is underperforming. There are two benchmarks we like to use to identify healthy conference revenue business models: Industry revenue — 30 percent or more of a conference’s total revenue should come from the combination of sponsor, exhibit and advertising revenue.

Revenue 72

Revenue How To Discount Price 72

Association Adviser

NOVEMBER 13, 2018

They strengthen your community, increase brand recognition, provide networking opportunities, establish thought leadership and generate revenue. Prizes should relate to the career resources your association offers: resume writing services, coaching services or even a discount on membership dues. Job listing promotions.

Revenue 100

Revenue How To Discount Resources 100

Associations Now

DECEMBER 23, 2019

As 2020 dawns, many associations are looking to make sure they have a steady influx of revenue streaming in. If you’re looking to boost the revenue at your association, don’t rely on superstitions. Focusing on all customers and your organization’s reach will help improve nondues revenue from other sources, such as corporate sponsors.

Revenue 98

Revenue Discount Analysis Products 98

Association Success

DECEMBER 15, 2020

Once you have put a dollar amount on the monetary value of your members, you will be set to give them better discounts, customized service, and valuable offers to keep them engaged. Total dues and non-dues revenue for historical data set. Step 3: Calculate Expected Lifetime Revenue.

Discount 147

Discount Revenue Cost Resources 147

YourMembership

MARCH 20, 2012

Improving the Bottom Line with Non-Dues Revenue. While I’m not going to weigh in on either side (that is a decision best made by individual associations on a per case basis), what does become even more important is alternate forms of non-dues revenue. Buyer’s guides are also a popular way to increase non-dues revenue.

Revenue 150

Revenue Directory Price Software 150

Virtual

OCTOBER 7, 2014

” So a diverse revenue stream isn’t just a “nice to have” for associations, it’s often a matter of survival. Fortunately, there are some tried and true strategies toward increasing revenue. Group purchasing: This is a trickier one, but can be a great source of revenue if you spend some time on it.

Revenue 100

Revenue Certificate Discount Cost 100

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. The one-time fee model provides your team will instant, however less predictable, revenue.

Price 172

Price Course LMS Discount 172

Association Analytics

FEBRUARY 14, 2023

We had to validate registration member rates against current memberships to ensure members were receiving the appropriate discount or group rate. However, I wished they could have utilized me to help grow their revenue and monetize data for their industry. We spent hours manually creating attendee lists to import into various sources.

Discount 321

Discount Leadership Tools Resources 321

Associations Now

JUNE 25, 2024

The McKinley Advisors study says that associations risk chasing nondues revenue at the expense of their core mission. So what is it that membership is doing beyond discounts? None of this, Baugher stresses, is intended to diminish the importance of nondues revenue. Instead, membership too often “just is,” the report said. “We

Report 111

Report Revenue Discount Resources 111

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

Associations Now

OCTOBER 18, 2024

Associations aren’t in the retail business, and a discount on a webinar recording doesn’t have quite the same sizzle as one for a big-screen TV. Now, though, the discounts are more eye-catching —30 percent off events and courses, which appeals more to current ISA members who already receive 20 percent discounts.

Discount 52

Discount Course Certificate Revenue 52

Association Analytics

DECEMBER 15, 2022

Are you using it to increase revenue and lower costs per renewal? Armed with that information, you might run a test to offer first year members a discount at the annual conference, and then see if that segment’s retention rate improves. But are you truly leveraging that information? Retention rates aren’t one dimensional.

Analysis 169

Analysis Discount Revenue System 169

Association Adviser

JULY 24, 2018

They strengthen your community, increase brand recognition, provide networking opportunities, establish thought leadership and generate revenue. This could include discounts on membership dues, resume writing services or coaching services. Your events play a major part in gaining recognition for your association. Promotions.

Revenue 60

Revenue Discount Resources Leadership 60

Association Freak

APRIL 10, 2024

Members pay dues in return for a defined set of benefits, which may include access to exclusive content, discounts, events, or networking opportunities. Overdependence on event revenue, declining membership numbers (often with an aging demographic), and increased competition all contribute to this challenge.

Discount 72

Discount Innovation Revenue Cost 72

Association Adviser

NOVEMBER 11, 2016

Last month, we asked our readers: What are your most valuable sources of non-dues revenue? It’s not surprising that this group was cited as the most valuable source of non-dues revenue by half of our poll’s participants. Government sources of non-dues revenue were deemed the most valuable by 17 percent of poll respondents.

Revenue 95

Revenue Directory Cost Discount 95

Association Adviser

MAY 29, 2018

Thankfully, there are varied approaches to increase non-dues revenue (NDR) from member communication. Whatever the approach, the common principle in practice is: The more value your communication programs can provide to BOTH members and advertisers, the better positioned your association is to earn higher non-dues revenue.

Revenue 84

Revenue Communications Newsletter Directory 84

EventMobi: Association Events

OCTOBER 19, 2023

Membership recruitment campaigns are most often run by associations, clubs, and nonprofits who want to broaden their reach and power up their dues-based revenue. If your organization sells any products or merchandise, you can also offer limited-time discounts to drive membership.

How To 130

How To Discount Social Media Software 130

Associations Now

DECEMBER 18, 2023

While reciprocal membership agreements allow participating organizations to increase their member count, they are about more than numbers and dues revenue. Another type of arrangement—reciprocal memberships—typically involve a dues discount that allows members of one society to join the other at a reduced rate.

Discount 59

Discount Recruitment Recruiting Newsletter 59

.orgCommunity

JULY 18, 2019

Associations have traditionally used membership “as an excuse to sell more stuff at discounted prices to members,” said Garth Jordan , senior vice president of corporate strategy at the Healthcare Financial Management Association (HFMA). But, HFMA has cast that old non-dues revenue practice aside. What can we do to fill that gap?’”.

Revenue 53

Revenue Certificate Blended Learning Discount 53

Association Freak

APRIL 10, 2024

These perks could include access to exclusive content and discounts on industry resources, invitations to member-only events, and networking opportunities. Overdependence on event revenue, declining membership numbers (often with an aging demographic), and increased competition all contribute to this challenge.

Innovation 72

Innovation Strategy Discount Revenue 72

Association Analytics

MAY 17, 2021

Are you using it to increase revenue and lower costs per renewal? Armed with that information, you might run a test to offer first year members a discount at the annual conference, and then see if that segment’s retention rate improves. But are you truly leveraging that information? Retention rates aren’t one dimensional.

Analysis 192

Analysis Discount Revenue System 192

Association Analytics

MARCH 1, 2022

Create a process to generate revenue using data. You can start with something small and incremental that generates revenue quickly. Identify low-hanging fruit to generate more revenue. It can also help with recruiting as potential workers are increasingly expecting modern tools to set them up for success in their new roles.

Revenue 169

Revenue Team Discount Report 169

MemberClicks

AUGUST 4, 2022

How do you strike a balance between ensuring that enough revenue comes in to cover all your operation costs, and charging your members a fair price for the value they’re receiving? Membership dues are the biggest provider of revenue for organizations. You don’t want to lose money because your multi-year discount is too large.

Price 96

Price Discount Revenue Tips 96

SCD Group

MARCH 11, 2013

Have you ever bought something and later realized you could have paid less by using a membership discount you forgot you had? Low numbers of members visit association websites to learn about their perks and discounts. Timing: the lag time between when members see the discount (on your website, in an email, etc.)

Discount 40

Discount Revenue Survey Cost 40

Blue Sky eLearn

NOVEMBER 16, 2017

Those who did not pay for the live event can receive the recording at the same or discounted rate. We sometimes see clients offer a slight discount due to the fact that those watching the recording will not have the option to ask the speaker questions, participate in live polls, etc. Why would someone pay for your webinar?

Tips 164

Tips Discount Price Education 164