Velvet Chainsaw

JUNE 15, 2022

In other words, a sponsor’s ROI is subjective in nature, making pricing an inexact science. Pricing methodologies for sponsorship vary greatly. If you’re being charged with updating and optimizing the pricing and effectiveness around your conference’s sponsorships, use these five tips to guide you: Leverage competitive intelligence.

Price 98

Price Tips Conference Cost 98

Association Analytics

JUNE 2, 2021

For example, by looking beyond the sales numbers of an individual product and instead considering a market basket analysis (which product sales frequently occur together), you can gain important insights that would have been missed if the analysis stopped at the single product. Is there a correlation with behavior?

Products 282

Products Analysis Price Revenue 282

NXUnite

MARCH 19, 2025

These might fall into the following categories: Generate leads and sales Increase brand awareness Strengthen customer relationships and loyalty Give back to the community Network with other local organizations Recruit new employees Boost employee satisfaction For example, lets say your small business is a gym.

Tips 130

Tips Recruiting Recruitment Maine 130

Freestone

OCTOBER 23, 2024

Put a price on your content Marcus Sheirdan put it perfectly when he said, “Great content is the best sales tool in the world.” Good examples of paid content that will increase your association’s non-dues revenue include advertising or sponsorships, hosting events and conferences, donations, and subscriptions.

LMS 87

LMS Revenue Learning Management System Price 87

Association Analytics

MARCH 1, 2023

For example, let’s say your association sold two products (Product A and Product B) last year that brought in the same total revenue – $20,000 each. Product A’s price point is $1,000 so you only sold 20 units of that product. However, Product B’s price point is $100, which means you sold 200 units of that product.

Revenue 320

Revenue How To Products Price 320

WBT Systems

JULY 26, 2016

Whether you choose to use the inbuilt eCommerce features, as in TopClass LMS , or choose to integrate with the eCommerce features in your AMS, you should be able to easily use coupons, tokens and multiple pricing options to manage content sales from your public and private catalogs, to members and non-members.

Revenue 240

Revenue LMS Learning Management System Course 240

Nimble AMS

APRIL 1, 2025

For example, one organization worked with the Nimble AMS team and greatly benefited from a dedicated onboarding phase, that emphasized system familiarization. For example, an association worked with the Nimble AMS team to stop development two months before launch to focus solely on system stability.

How To 78

How To Cost Project System 78

EventMobi: Association Events

MAY 1, 2024

For example, can the platform help you drive member engagement by offering a persistent home for networking and learning? How does your pricing work? Event technology pricing models vary from provider to provider, and may be based on the number of users, or the number of events.,

Technology 264

Technology How To Case Study Price 264

WBT Systems

APRIL 19, 2017

Psychological research from Christy Price, published in 2009 described how to engage millennial learners: Make your class multimedia, incorporating more variety and shorter content to allow students to multitask. So it seems that Price is right. How can you ensure your education program provides benefits to members of all ages?

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millennials LMS Price Education 246

Sequence Consulting

FEBRUARY 3, 2025

Add Member Value, Don't Discount Dues In a classic supply vs. demand model, the answer to lower demand is to decrease prices. Of course, this doesnt mean you shouldnt reconsider your pricing model to engage and retain members. For example, you might provide them with free membership for the first month of their next year.

Discount 72

Discount Handbook Price Cost 72

Higher Logic

JULY 10, 2019

For example , even if you lose 50 customers that made up 5% of your revenue per year, you achieved net negative churn if your current customers purchased additional products and services valued at 10% of your annual revenue. For example , let’s say you’re online shopping and you purchase a single area rug. That’s seat expansion.

Revenue 184

Revenue Strategy Price Software 184

Spark Consulting

NOVEMBER 7, 2018

But if different groups of members use different benefits in identifiable and trackable ways, yes, tiered pricing is a good way to go. What you do is bundle benefits together in ways that you can support based on member use data, adjust the pricing to be favorable, and market to the right members.

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Price Conference Team Examples 170

NXUnite

FEBRUARY 4, 2025

Before pushing a product to market, you need to understand who is most likely to buy it, how many people are likely to buy it, and at what price point they will buy it. For example, a used book store might have several audiences, including lower-income individuals looking for deals and book lovers looking for unique or vintage tomes.

Products 130

Products Guidelines Revenue Tools 130

Higher Logic

MAY 29, 2020

Here are five examples of priorities you might find in your association’s strategic plan, along with key points for how community helps. Objection 1: Price. Example: “X platform is cheap/free. Price is always a valid concern – but what you’re proposing is worth the investment. Example: “Our conference is coming up.

Social Media 254

Social Media Member Engagement Tools Revenue 254

Reid All About it

FEBRUARY 5, 2021

Meeting planners can now have translations into many languages for less than the price of hiring even a single human interpreter. Learn pricing strategies, risk management tips and how to embrace change for the better. – The Key to Financial Sustainability Is Pricing. Tue 2/9 at 12 p.m. – 1 CMP credit. More info/register.

San Diego 370

San Diego Strategy Education Price 370

WBT Systems

OCTOBER 31, 2017

Another brand is always offering what they want at a better price or a more convenient time. An example of passive loyalty is automobile insurance. When e-learning is merely a commodity and all offerings seem the same, customers make decisions based on price and other convenience factors. Customers have choices.

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Discount Price Class Course 186

Higher Logic

JANUARY 3, 2017

We don't bar anyone from joining the fun, and the only barrier may (or may not) be a ticket price or alcohol-related restrictions around age. When we do price our events, we make sure they're affordable for our demographic and right along with our competitors’ prices. Copy should be honest about what your event is about.

How To 258

How To Price Conference Examples 258

Reid All About it

APRIL 5, 2024

From optimizing member engagement to streamlining operations, we’ll explore real-world examples of how enhanced data governance strategies lead to tangible improvements in business outcomes. Pricing in a Post-Pandemic World: Maximizing Revenue Learn methods for assessing price sensitivity and willingness to pay.

Revenue 264

Revenue Price Denver Tools 264

WBT Systems

FEBRUARY 21, 2017

For example, you may offer training to your members at your annual conference, or at a series of smaller regional events in local hotels, where the sessions will be recorded and distributed to attendees after the event. Display conference details and tiered pricing in LMS catalog. How do you Manage Learning at your Events?

LMS 210

LMS Conference Learning Management System System 210

Aptify

NOVEMBER 25, 2024

Another thing to consider when you’re determining who should have licenses is that some software vendors offer bulk pricing for purchasing more licenses up front. On the flip side, if you decide to start with a smaller number of licenses and then add more licenses later, those later licenses might be at the original list price.

Membership Management 72

Membership Management Cost Software System 72

Reid All About it

JULY 31, 2020

Although written for event platform Hopin users, many of these virtual event tips apply to any platform, for example, developing an attendee video guide and holding screen. Sponsorship and Pricing Methods for Virtual Events. Presenter: Dr. Michael Tatonetti, Certified Pricing Professional and CAE. Virtual event tips.

Montana 362

Montana Revenue Case Study Innovation 362

Reid All About it

JUNE 25, 2021

Virtual conference pricing. The changes made by the American Society for Nutrition to their pricing model are worth noting. Learn about the ramifications of burnout and hear about resources, examples and tips on what association executives can do to extinguish these burnout fires. Quick hits. 1 CAE credit. More info/register.

LMS 361

LMS Revenue Tips Strategy 361

Leading Learning

MAY 28, 2024

That means they have to know how to determine the best pricing for attracting and converting prospective customers while maintaining—or, better yet, maximizing—revenue levels. Then, with the massive and quick move to online education during COVID, learner expectations around price and value shifted dramatically. Please subscribe!

Price 52

Price Revenue Education Tools 52

Membersuite

AUGUST 5, 2022

Don’t assume the membership tiers and pricing that always worked will continue to work for everyone. Become an inclusive association by having membership tiers that offer something valuable for everyone in your target audience at a price they can afford. Many of us have changed how we work, socialize, learn, and shop.

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Price Discount Revenue Examples 136

Blue Sky eLearn

APRIL 20, 2020

This could also allow for some more flexible pricing (for example, paying per session instead of for the entire conference) which may allow more people to attend and increase your overall revenue at the end of the day. . How Do I Price It? . The age-old question!

Revenue 167

Revenue Library Price Certificate 167

EventMobi: Association Events

JUNE 2, 2023

For example, EventMobi lets exhibitors and sponsors: Snag lead data right on the event floor, qualifying conversations live Use the Exhibitor Dashboard to view detailed analytics Export lead data to add to their CRM Enter leads manually if a lead doesn’t have a badge Secure all data with cloud connectivity – no data loss here!

How To 227

How To Software Price Tools 227

Membersuite

SEPTEMBER 10, 2022

In my last post, I suggested creating a flexible membership model with a range of tiers and pricing that appeal to the different segments of your target audience. A member who works for a non-member company can talk about the benefits of membership with colleagues—an example of word-of-mouth marketing. . #2. Common Membership Tiers.

Price 135

Price Discount Member Engagement Education 135

Higher Logic

NOVEMBER 29, 2018

According to the organization: “We offer tickets at different prices to allow participants to support Burning Man at the price level which is most appropriate for them. In terms of finances, we don't always have the flexibility to change or lower our membership fees or product pricing. Each member has something unique to offer.

San Francisco 267

San Francisco Price Guidelines Examples 267

Forj

APRIL 22, 2021

For example, they could assist with the search for a learning management system or consult on the pricing of your courses. A consultant can create a roadmap to reach your goals from your eLearning pricing strategy, to the content you’ll provide, to how you’ll market those offerings. Converting courses to new formats.

LMS 172

LMS Course Price Learning Management System 172

WBT Systems

JULY 11, 2017

Even “traditional” millionaires have jumped onto the online course bandwagon, for example, author Seth Godin’s AltMBA program and author Marie Forleo’s B-School. For example, your MVP could be a three-week mini-course instead of the usual ten-week course. Segment by price sensitivity too. Outsource your weaknesses.

Course 186

Course Marketing eBook Education 186

Reid All About it

SEPTEMBER 11, 2020

The weekly list of free educational events and resources for the association community… Virtual conference pricing. WBT Systems describes the different factors you need to consider when pricing a virtual conference , and right at the top they say, “Your virtual conference should not be free.”. Virtual conference FOMO.

LMS 329

LMS Montana Revenue Recruiting 329

Higher Logic

MARCH 1, 2018

Let’s use an everyday (albeit a little extreme) example: the battle over minimum wage. Politics aside, this was the solution that McDonald’s came to in order to still give the customer what they want, without having to raise prices to pay human workers more money in wages. Another example is home automation.

Marketing 189

Marketing Education Price Content 189

Higher Logic

JANUARY 4, 2018

For example, a strong integration lets members interact in your online community then pay dues in your AMS without feeling like they’re switching systems. At the most basic level, the number of people using software can affect pricing. It may be better to look for a platform with strong integrations.

Technology 288

Technology Software Newsletter Tools 288

Reid All About it

JULY 10, 2020

They warn, “We are already paying the price in greater risk aversion among writers, artists, and journalists who fear for their livelihoods if they depart from the consensus, or even lack sufficient zeal in agreement.” Revenue and Pricing Strategies for Virtual Events. Tue 7/14 at 12 p.m. More info/register. Host: Gather Voices.

Montana 365

Montana Content Price Strategy 365

Nimble AMS

AUGUST 20, 2020

Here are six effective ways to get past the price barrier and encourage more members to join your association: Offer budget-friendly payment options. Price can be a barrier to joining – especially for those early in their careers and those between jobs. For example, offer discounted memberships for: Students. Provide discounts.

How To 147

How To Discount Price Recruiting 147

WBT Systems

JANUARY 23, 2018

Paid ads: Online advertising—for example, Google, LinkedIn, and Facebook—gives you the ability to target specific demographic and interest groups. Competing on price is a race to the bottom, so that better not be it. Problem: Price. You priced it wrong—either too low so you’re in the red or too high and no one’s biting.

Course 176

Course LMS Price eBook 176

EventMobi: Association Events

JUNE 21, 2023

When you’re in the demo process, make sure to ask your sales team for examples of how customer support has solved issues for existing customers. For example, EventMobi is nonprofit event software that’s built to help your staff run annual conferences, ongoing workshops & webinars, and host an online community. rating on Capterra.

Software 130

Software Price Review Event Planning 130