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Introduction Is your association looking for new non-dues revenue ideas? With a learning management system (LMS) your association can prioritize non-dues revenue while boosting learner engagement and streamlining staff processes. Here are eight non-dues revenue ideas for your LMS: 1. There’s the rub: great content.
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! Extend your Reach to a Wider Audience.
Are you creating new eLearning courses to provide value to members and bring in revenue for your association’s learning business? If so, you’ve probably encountered the challenge of how to price those courses. Pricing them too high may deter members from investing. 5 eLearning Pricing Models for Your Courses.
Without an advanced enterprise LMS, it’s significantly more challenging to do so, let alone save time, increase membership, collect non-dues revenue, and more. If you’re reading this guide, it’s a good guess that you’re on the market for a new enterprise LMS solution. 5 Tips to Choose the Right Enterprise LMS.
Every organization has different needs and specific requirements, but there are some main things to look out for when evaluating LMS prospects. . Being able to easily access data and reports once things get going will also be an important piece to the LMS puzzle. . Revenue Opportunities. Some send out large RFPs. Advertising?
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. LMS profile. Non-Dues Revenue Potential of Digital Badges for Associations. Value of Digital Badges for Association Members.
O pport unity for new and increased digital revenue streams still lies ahead even if your face-to-face meeting is cancelled or is smaller in attendance. . By charging people to access the library of content, you’ll also be increasing your revenue steam. How Do I Price It? . Virtual Events . Online Learning .
How do you price your virtual events? There is a wide variance in how virtual events are priced. If pricing is based on attendance, be sure that pricing is in broad bands of users, so that you do not unnecessarily get saddled with high overage fees. For this kind of strategy, you need a learning management system (LMS).
Recently, I listened to Tagoras’ Leading Learning podcast, 5 Keys to Getting a High Return on Your LMS Investment. They shared some great tips everyone should consider when developing their eLearning program and LMS strategy. New Revenue Generation. You have an existing pricing approach to leverage. Cost Savings.
Tracy King has come to the rescue with an excellent idea: host the trade show/expo on your learning management system (LMS) —a long-lasting and sustainable solution for exhibitors, prospective customers and your association. Virtual conference pricing. Demystifying LMS-AMS Integration Options: For Association Non-Techies.
This leads to higher attendance and renewal rates, and ultimately an increase in non-dues revenue, which the association can re-invest in providing even better events and service to members. Often people associate a learning management system (LMS) purely with e-learning, online courses, and more recently the cloud.
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.”. LMS/CRM integration.
How vital is non-dues revenue for your association? In 1953, more than 95% of revenue for professional associations came from membership dues. Over the last few decades, the biggest driver of non-dues revenue has been technological advancements. One of the most important decisions you will make is choosing the right LMS.
Online community platforms helped many associations thrive despite the devastating impact the pandemic had on non-dues revenue streams. Demystifying LMS-AMS Integration Options: For Association Non-Techies. – Revenue Success from Scratch: One Association’s Story. Fri 6/25 at 1 p.m. 1 CAE credit. More info/register.
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!
TopClass LMS describes what they see in their crystal ball, particularly for professional development programs. Non-dues revenue. TopClass LMS analyzed their social media analytics to find out which of their posts resonated most with the association community in 2023. . – Predictions for 2024. AMS requirements. 1 CAE credit.
With so many options out there, and every vendor keen to advertise their platform with the latest bells and whistles or the ”prettiest” interface, how do you make sure that your LMS performs the way your organization needs it to? Read this post on designing assessment and feedback with your association LMS for some helpful tips.
Many members are struggling financially because they’ve been laid off, had their budget cut, or suffered revenue losses. Association websites compete with for-profits, media, and other associations for eyeballs, mindshare and even revenue. From Virtual Events to Real Revenue. Affordable membership. Chapter bright spots.
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
Teri Carden is cooking up a phenomenal-sounding digital experience for anyone interested in increasing their non-dues revenue. Meeting planners can now have translations into many languages for less than the price of hiring even a single human interpreter. New Idea$: Not Your Grandma’s Non-Dues Revenue. 1 CMP credit. .
As companies scramble to find resources to meet their needs, a Learning Management System (LMS) is a foundational tool used for learning content, employee training, and selling digital products. How will you be using your LMS? What is your price point? If so, ensure that your LMS tools have E-Commerce capability.
TopClass LMS explains how to differentiate and add value to your association’s education programs by building a human touch into them. Carolyn Shomali of Professionals for Association Revenue explains what associations can learn about audience engagement from the most popular podcasts today. AI vs human interactions. 1 CAE credit.
Webinars and webcasts are the most popular platform for association e-learning (92%), and learning management systems (LMS) are the second most popular choice (67%). If you have an e-learning strategy , you’re more likely to see a net increase in revenue from e-learning programs. When’s the last time you did competitive research?
Billhighway explains how virtual events can help sponsors and exhibitors achieve their marketing goals —while helping chapters achieve their revenue goals. Actual Disruption: Part 3 – Members Are Using the LMS, Right? The Expert’s Guide to Growing Member Engagement and Revenue With an Online Career Center. Host: Cvent.
TopClass LMS reviews the pros and cons of recording an educational event from both the attendee and association perspectives. LMS Demo Days Watch presentations from a limited number of industry partners that offer LMS platforms. Host: Professionals for Association Revenue Wed 9/27 at 1 p.m. Gen Z education. to 3:20 p.m.
This task is made even harder if your CME learning management system ( CME LMS ), the platform that delivers eLearning to your association’s members, fails to support you in the effort. How to Choose the Right Healthcare LMS: 4 Top Tips. There are a wide variety of reasons why your CME LMS may not be the right fit for your association.
So, you’ve decided to invest in growing your association’s learning business to provide more value to members and bring in non-dues revenue. For example, they could assist with the search for a learning management system or consult on the pricing of your courses. Administering your LMS and providing call center management.
We have a tremendous opportunity to both diversify and expand our revenue streams while also providing a critical service to the next generation of workers (and members).”. Generate Revenue from Education Content and Events. This helps the association to reach a wider audience online and generate incremental revenue from education.
How vital is non-dues revenue for your association? In 1953, more than 95% of revenue for professional associations came from membership dues. Over the last few decades, the biggest driver of non-dues revenue has been technological advancements. One of the most important decisions you will make is choosing the right LMS.
Online learning programs deliver much needed education to members as well as provide a steady source of non-dues revenue and opportunities for sponsorships. If you’re ready to invest in a learning management system (LMS), start by reviewing these LMS selection criteria. LMS selection criteria. Source of non-dues revenue.
Don’t wait until your LMS implementation is nearing the end to figure out what kind of reports you need. The time for discussing reporting requirements is way back before you even select an LMS platform. WBT Systems explains how to identify your LMS reporting requirements. Strategic Pricing for Educational Products.
Value-based accreditation: Continuing with the CE credit economy, we note that many CE providers are concerned with competition in the market, which we can describe in economic terms as deflation of the price of CE credit. An example would be getting your high-fidelity medical simulator to talk to your LMS and LRS. We are all for it.
Inspired by Jeff De Cagna FASAE of Foresight First, TopClass LMS writes about an essential for association staff, executives, and volunteer leaders in these turbulent times: intentional learning —both doing it and selling it. Sean Soth, Founder & Leadership Advisory Board Chair, Professionals for Association Revenue Wed 11/15 at 2 p.m.
TopClass LMS suggests putting a new spin on your membership and education marketing. Price Elasticity Uncovered: Insights from Data How often are price increase/decrease decisions based on opinion and fear, hampering an association’s ability to extract maximum value from our products because we’re afraid of customer attrition? .
Increasingly LMS platforms are moving from a course catalog approach to a home where ideas are shared by learners and interaction in an important element to the online education experience. Unlocking Revenue by Driving Learner Engagement. Jessica Lane, Director of Client Success, Freestone LMS, Community Brands. 1 CAE credit.
When pricing your association’s training offerings, it is important to assess their value, and then price accordingly. Assuming the former, it’s important that you revise and re-set course pricing on a regular basis particularly at the start of a new venture into online learning.
If your association is looking for a sure-fire way to attract young professionals, TopClass LMS has the answer: early-career microcredentials. They explain how to develop a content strategy, know when it’s time for a redesign, decrease costs and increase revenue. Hear how the speaker’s team developed a price elasticity forecast.
To get the most of their eCourses, many associations use a learning management system (LMS). Expert Tip: The best learning management systems will also help you increase non-dues revenue by selling some of your online courses or certification materials. You can set prices for courses individually, or base them on membership tier.
Dale Carnegie Non-dues revenue. Seriously consider attending if non-dues revenue is a concern for your association. Membership pricing. Your association’s recruitment and retention success depend on your membership model pricing. TopClass LMS explains how online education programs can help increase member engagement.
. – Charge Members For What You’re Worth Learn how to uncover the value you offer, conduct market research to discover expanded opportunities, attach the right price to the value your organization provides, and communicate it to your audience. Explore alternative revenue streams your association could be leveraging right now.
Mobile apps are reducing waste and increasing revenue. Programmatic advertising, for example, is an innovative non-dues revenue opportunity for associations, which leapfrogs the traditional means of advertising and buyer’s guides. Price sits high in the consideration criteria when selecting technology.
Shopping for an LMS? You definitely want to check out the 2019 edition of the Association LMS Buyers Companion from the good folks at Talented Learning. WBT Systems (of TopClass LMS fame) explains how learning subscriptions help good intentions come to life. Lori Ely, Chief Revenue Officer, Results Direct. 1 CAE credit.
When digital entrepreneurs—those who make their living selling online products and services—see a need in their market, they design a revenue-generating online course to meet that need. Segment by price sensitivity too. Do you have a low-price product that could become your loss leader? Tap into a sense of urgency.
In this comprehensive guide to tiered and à la carte sponsorship models for in-person, virtual and hybrid events , EventMobi suggests how to price, sell and deliver sponsorships, measure ROI, and craft a post-event report for corporate partners. Non-dues revenue. Sponsorship strategy. Data-informed event planning. 1 CAE credit. . –
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