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Sustainable nonprofits have diverse revenue streams, from donations to grants to sales. However, while nonprofits that sell products and services can make more than enough revenue to sustain themselves, undertaking commercial affairs comes with several considerations. Revenue is invested back into the nonprofit.
Is your program effective at increasing non-dues revenue ? If your sponsors get blogging or ad rights, give them guidelines on submitting material. Click rates, referrals, and revenue generated by past sponsors can be compelling for those who are on the fence about working with you. What do members think of the program?
How Cross-Team Collaboration Can Unlock Untapped Revenue Breaking down silos between departments can unlock hidden revenue potential, drive engagement, and future-proof your associations financial health. Learn how to foster cross-departmental collaboration to create new revenue opportunities. More info/register. CAE credit.
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. Aaron Wolowiec at Event Garde provides the direction, guidelines, and tips sorely needed by anyone with committee responsibilities.
Speaker: Dan Streeter, Vice President of Learning Strategy and Design at BlueSky eLearn, and Eduardo Meza-Etienne, Director of Compliance and Accessibility Team Lead eSSENTIAL Accessibility
Whether used for training or revenue building, online learning has rapidly become the lifeblood of nearly every organization across the US. Yet, a series of recent laws, guidelines, and court decisions have created confusion about how to remain compliant in delivering accessible online learning content to those with disabilities.
He suggests guidelines for this person to follow during board meetings. Think Like a Media Company: Unlocking Non-Dues Revenue for Sustainable Association Growth Hear about the imperative need for diversifying revenue streams. Learn about strategies for leveraging non-dues revenue opportunities strategically.
Karine Desbant at MCI describes how their client associations are generating new revenue streams and growing membership by repurposing content. How Associations Use Data to Drive Revenue Learn how to use data insights to increase member engagement and generate new revenue streams. More info/register. 1 CAE credit. 1 CAE credit.
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 and income diversification goals that detail specific profit margin targets, projected or desired growth, and income streams you must support or add. For example, create a lean plan for using AI, implement the tools, gather feedback, and adapt your usage guidelines. Promote fairness and combat bias. Maintain human oversight.
In association fundraising, sometimes saying no to corporate funders is as important as saying yes to new revenue. Laura and I will share guidelines, processes, and criteria for vetting corporate suitors to help you get to the happily ever after of corporate partnerships.
Revenue and income diversification goals that detail specific profit margin targets, projected or desired growth, and income streams you must support or add. For example, create a lean plan for using AI, implement the tools, gather feedback, and adapt your usage guidelines. Promote fairness and combat bias. Maintain human oversight.
Leveraging grant writing is a fantastic way to bring in non-dues revenue to your organization, however, getting started can be a daunting task. Five grant writing tips to boost association non-dues revenue . Start by examining the grant RFP (when available) or the general funding guidelines on the award website.
. – Top Trends to Increase Non-Dues Revenue and Membership Dues in 2021. Learn the current trends to retain your existing membership dues and examples of how associations are effectively increasing non-dues revenue in 2020. Driving Revenue with Contextual Engagement and Marketing. Tue 9/15 at 3 p.m. More info/register.
Quick hits before we get to the list of this week’s free education: 10 basic guidelines to minimize PDF usability problems. Boost Membership & Non-dues Revenue in a Virtual World with Open Communities. Recruiting and Retaining Association Members (and Driving Non-Dues Revenue) in the Virtual Event Era. Tue 7/28 at 3 p.m.
Matchbox Virtual Media asks for your participation in a survey that explores how the use of online experiences by associations for membership engagement, education, revenue growth, and other purposes has evolved in recent times. Host: Professionals for Association Revenue Wed 9/6 at 11 a.m. –Oprah Winfrey Online programs. 1 CAE credit.
Dr. Michael Tatonetti of Pricing for Associations suggests guidelines and questions for focus groups that will help you determine the real value of your association’s product. She describes how to move away from the traditional model if you want to get more members involved in volunteering. 1 CAE credit. 1 CAE credit.
Quick hits before we get to the list of next week’s free education: Association revenue resilience: build a foundation with content pillars. Rethinking Revenue. Learn how to evolve your sponsorship program to increase revenue. Grow Sponsorship Revenue In Pandemic Times. Count me in. 1 CMP credit. More info/register.
By following a few simple guidelines, you can successfully raise dues with minimal resistance from your members. It brings in more revenue without any extra expenses. 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.
What are some guidelines for navigating affinity programs and partnerships? If you’re looking for new ways to grow revenue for your association, there may be a secret weapon you haven’t considered: your online store. . – Affinity Programs and Partnerships (Association Chat on Blab). Participate live or view the recording. 1 CAE credit.
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.
Here are some tips on how to make digital advertising supplements both an educational benefit to your members and a nondues revenue generator for your association. Some of my favorite magazines, Gourmet and Domino , shuttered; so did the city magazine where I worked at the time—all because of dropping ad revenues.
Fíonta provides a recap of a recent UST webinar in which their co-founder Dr. Lisa Rau described ways associations can leverage AI, risks of using AI and guidelines for implementing AI responsibly. AI for associations. AMS selection checklist. 1 CAE credit. More info/register.
Your team likely plans and launches multiple fundraisers throughout each year to bring in enough revenue to fund the various initiatives associated with furthering your mission. Let’s break down the two sides of an operating budget—revenue and expenses—in more detail. In reality, this breakdown looks different for every organization.
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. Discover 5 ways your business development team can incorporate simple AI practices to identify prospects, foster partnerships and drive revenue growth.
In 1995, the EU adopted the Data Protection Directive (DPD), which required all member states to adhere to general privacy guidelines, but allowed each nation to create independent legislation to meet this goal. Data privacy regulation is nothing new in the EU, whose member nations consider privacy a vital right of all citizens.
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.
But, fear not, Event Farm crunched the numbers and came up with guidelines on how much your 2021 event budget might increase for each line item. Be the Change: How and Why Associations are Changing Membership and Revenue Models. Your association shifted from in-person to online events and struggled to secure sponsorship revenue.
By going down this path, associations often end up sacrificing significant revenue with little to show for membership growth. After all, if members arent finding much value in your offerings when they cost $100, theres no guarantee they will suddenly become interested in them when they cost $50.
Off-premise events for restaurants are much more profitable and provide a new revenue stream. These events include a small guest count that complies with local and state capacity restrictions, social distancing, mask-wearing, catering or contactless food service, and compliance with COVID safety guidelines. Micro-events.
They explain how to develop a content strategy, know when it’s time for a redesign, decrease costs and increase revenue. Find out how easy it can be to make the transition and earn even more non-dues revenue for your association. Print magazines. Generation Z. 1 CAE credit. More info/register. More info/register. More info/register.
Like many associations, the Texas Society of Association Executives relies heavily on its print publication as a tool to engage members and earn non-dues revenue. In 2016, TSAE decided to do a full association rebrand and, for the first time, established brand guidelines to ensure consistency across all communication platforms.
Nimble AMS uses Experience Cloud to provide you r organization with guidelines and custom components for creating a branded and personalized member experience. Using intuitive technology like Salesforce Experience Cloud and LWC will help your organization drive a superior member experience and boost revenue opportunities.
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.
Common Volunteer Time Off Guidelines Different companies have varying VTO policies , and employee volunteers should check in with their employers to ensure they follow the right procedures for requesting VTO. That being said, most VTO programs focus their guidelines on the following criteria: Employee status.
Keeping donors engaged remotely with fundraising-centric virtual events will be critical for your nonprofit moving forward as social distancing guidelines don’t appear to be going away. Set guidelines for your event. Set guidelines for your event. For a virtual auction, make sure to consider these essential guidelines: .
Maybe some lower-price items were highly appealing to large groups of donors, but your big-ticket items got little attention, causing your revenue strategy to fall apart. Start by laying out some guidelines for your procurement process. What is the auction’s revenue goal? Step 1: Lay out a procurement plan and timeline.
AGA’s guidelines are an attempt to distill some of the best practices casinos and internet gaming sites are already using to adhere to the BSA and anti-money laundering regulations, and they are meant as a resource, not a checklist, the association noted in the document. Recently, several U.S.
Non-dues revenue. 4 weeks from now, you could be in Nashville hanging around with people whose associations are rolling in non-dues revenue and people who want to emulate that success. – Be a Participant of the World’s Largest Non-Dues Revenue Resource. Associations need more ideas for generating more non-dues revenue.
Tax Time Coming Up - UBIT Guidelines for 501(c) Organizations. You can find detailed information by clicking here for official IRS documentation IRS guidelines on UBIT, revised March 2009. Associate member dues revenues, provided the associate member category has a genuine purpose other than producing income. Search This Blog.
The American Heart Association’s chairman wants to see his organization’s revenues hit $1 billion annually to better serve the group’s mission. The American Heart Association is experimenting with new ways to grow revenue, according to an interview with AHA Chairman Ron Haddock in the Dallas Business Journal.
They share guidelines on the best communication style, options for different types of virtual meetings with chapter leaders, and ways to provide chapter leaders with news, resources and advice. – Ask Us Anything Expert Panel: Marketing, Revenue, Meetings & Technology. Taking Back Control on COVID19 and Revenue Generation.
To educate members, companies had to participate in the associations conferences and webinars based on the associations guidelines. The result can be a win-win-win: educational content for members sponsorship revenue for associations fulfillment of business goals for sponsors
Whether it is membership revenue, your annual meetings or any other income or expense on your financial statement every association needs to review the current situation and project where their year will end financially as well as what adjustments will need to be made to future budgets. Richard Chang, CEO of Richard Chang Associates, Inc.
Estimate the impact on registration, exhibit and sponsor participation and revenue. This aligns with March 15, 2020 CDC guidelines for postponing or canceling mass gatherings (250 + participants). Fall Recovery – Extended contraction. For each scenario: Define the new event experience. Is it still in-person, virtual or a hybrid?
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