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Nondues revenue isnt new, but associations need for that revenue is. For years, associations have viewed nondues revenue as a bonus, but with revenue from memberships declining and the demand for engaging member experiences rising, nondues revenue is now less of a bonus and more of a necessity.
Let’s take a look at a few ways you can shift challenges into opportunities, keep your association top of mind, and maintain your revenue stream in 2023. Look Beyond Top Line Revenue Most people define success by revenue generated, but in today’s economy, we need to go beyond the numbers. Read more about their story.
For your association’s member businesses, this may mean mastering new emerging technologies in your industry or even hitting specific success metrics within their own internal processes. However, whether increasing non-dues revenue or new member recruitment, it’s just as important that your organization follows through with these goals.
They describe revenue-sharing models and offer tips for ensuring a profitable, equitable and peaceful partnership. Their advice covers the program structure, application/nomination process, judge selection and judging criteria. What do you lose by making your organization more transparent? Awards program. Attendee preferences.
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.
Video conferencing and virtual events have never been more important to business as it is now - especially for associations who need to keep members engaged and revenues high. Once you start thinking creatively, you can use all that content you prepped for your event to keep members engaged and increase revenue.
Find a list of organizations to support in the Helene Response & Rebuild: Western North Carolina Resource Guide. Impexium explains how to increase your association’s sponsorship revenue with a new relationship-based and expertise-focused approach to corporate partners. Sponsorships. Membership value. Association media.
Laura Armstrong at Cimatri shares 15 examples of how AI is transforming educational programs in associations by, for example, offering personalized learning paths and automating administrative processes. But, long ago, I made a hideous (but delicious) Halloween meatloaf hand for dinner—and had a lot of fun in the process. CAE credit.
(Radio Free 501c, the podcast of Rogue Tulips Consulting ) Every week, Rogue Tulips brings the nonprofit community intriguing guests discussing vital topics affecting nonprofit organizations around the worldand we have fun doing it! How are organizations managing adoption and training? 1 CAE credit. 1 CAE credit. More info/register.
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. They also include tactics throughout the guide for improving the attractiveness and effectiveness of your online learning programs and portfolio. .
Their 4-step process for planning and managing an awards program will help you map out a plan for success. Or are we recognizing supporting the organization? Karine Desbant at MCI describes how their client associations are generating new revenue streams and growing membership by repurposing content. Anti-social. 1 CAE credit.
Why would you organize one? Snapsight explains how to use AI tools to turn session content into resources that generate revenue and engagement. Hear about the biggest cyber threats facing associations todayand what leaders can do to protect their organizations. Save $50 with promo code BRAINFOOD. Software users groups.
The weekly list of free educational events and resources for the association community The health of an organization is directly proportional to the speed at which truth travels within it. Matt Locke at Attention Matters suggests three tactics for making your organization seem like a safe choice. Luke Burgis [A revealing one to ponder.]
While the process can be tedious, compiling nonprofit financial statements allows your organization to evaluate its financial standing and stay accountable to stakeholders. To get you up to speed, well review the basics of this report, why its important, and how to interpret it so your organization can maximize this data.
Regular pricing reviews will keep your association ahead of competitors, alert you to missing revenue opportunities, and ensure you dont lose relevance with your members. If your associations pricing stays stagnant, you risk losing relevance and revenue. Why are regular pricing reviews essential? Here are four key factors: 1.
Mobilizing Volunteers & Maximizing Partnerships (Radio Free 501c, the podcast of Rogue Tulips Consulting ) Every week, Rogue Tulips brings the nonprofit community intriguing guests discussing vital topics affecting nonprofit organizations around the worldand we have fun doing it! More info/register. Host: WorkerBee.TV 1 CAE credit.
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. However, pricing mistakes can set back your organization’s viability, impacting member satisfaction.
Sales operations refers to the unit, role, activities and processes within a sales organization that support, enable, and drive front line sales teams to sell better, faster, and more efficiently. Sales Operations Process. Process and Performance. Optimization and Implementation of Sales Process. Performance.
Explore ways to use your data to monitor your organizations health and performance, improve segmentation and personalization, identify member needs, trigger helpful automations, and deepen member engagement. You dont have to be an ASAE member to attend this consultant-organized event. 1 CAE credit. More info/register. Putting A.I.
One governance expert shares what that process looks like. Associations have been pressed to respond to a pandemic, inflation, workforce shortages, and a quick-acting White House thats undone a lot of business-as-usual processes. If theres one word that summarizes what association governance requires now, its that.
According to the latest Association Trends Study, members who view their organization as an early adopter of technology are significantly more satisfied and connected than those who see their association as average or a laggard in technology adoption (81% vs. 40%). Would you describe your association as an early adopter of technology?
This workshop will arm you with tactical strategies that will help you negotiate and defend your organization in the post-shutdown world. In this high-level workshop, attendees will review key contract clauses, negotiation tips, and strategies on how to ensure a strong contract to protect your organization. 1 CMP credit. Host: MPI.
Billhighway explains how virtual events can help sponsors and exhibitors achieve their marketing goals —while helping chapters achieve their revenue goals. This series of 15-minute videos cover hot topics and issues related to 501c organization management. It’s what we do: we build organizations and projects that create value.
Non-dues revenue. If you’re a podcast listener, check out Association RevUP from Professionals for Association Revenue. Come prepared to share your organization’s plan on how to keep political discussions civil at work. More info/register. Fri 9/27 at 4 p.m. Are political discussions prohibited? Location: Washington DC.
In todays technology-driven world, associations that fail to modernize risk losing relevance, members, and revenue. Meeting evolving member expectations and staying competitive requires a commitment to embedding technology into every aspect of your organizations strategy.
When it comes to considering the right association management software (AMS) for your organization, youll want to think about the benefit of continuous product releases. With six annual product releases, Nimble AMS customers will gain the latest innovations to enhance their organizations.
Many members are struggling financially because they’ve been laid off, had their budget cut, or suffered revenue losses. EDT – Member ROI Simplified: Safeguarding Your Organization’s Future. The most important method for safeguarding your organization’s future is to research, embrace, and maximize your Member ROI.
Meetings Today talked to event planners about revenue diversification, in-person vs. virtual attendee engagement, and managing your mindset. We’re in unchartered territories and not only will our budgets look different moving forward, our budgeting processes likely will as well. Organizer: Partnership Professionals Network.
The same can be said for your organization, as it is making plans for its next association management software (AMS). Read our blog to begin preparing your organization for new technology today. To meet the technological needs of your organization and build your expert selection team, consider the following tips: 1.
Fri 2/12 at 10 a.m.* – Member ROI Simplified: Safeguarding Your Organization’s Future. The most important method for safeguarding your organization’s future is to research, embrace, and maximize your Member ROI. This series of 15- to 20-minute videos cover hot topics and issues related to 501c organization management.
They cover the planning process, elements of an RFP, factors to keep in mind when selecting an AMS partner, and advice from technology consultants at Achurch Consulting, DelCor, Effective Database Management, and Ellipsis Partners. . RFP for an AMS. What are the primary challenges you encounter when measuring success? 1 CAE credit.
This series of 15-minute videos cover hot topics and issues related to 501c organization management. A virtual experience engineered for visual learners, meaningful online conversations, and product introductions that makes sense for associations looking for new and innovative ideas to generate non-dues revenue. Mon 8/3 at 1 p.m.
The possibility of those organizations being forced to close means programs ending , putting communities around the world at risk. Diversification of revenue streams to minimize the impact of funding shocks is neither straightforward nor easy. Organizations that relied on U.S. Why mergers and partnerships?
One difference this year: “For the first time in the survey’s history, the challenge of generating non-dues revenue topped all other obstacles faced by associations.” That explains the interest in communities like Non-Dues-A-Palooza and Professionals for Association Revenue. Hear about ten (or more!) CAE credit. . – 1 CAE credit.
Fri 9/11 at 10 a.m.* – Member ROI Simplified: Safeguarding Your Organization’s Future. The most important method for safeguarding your organization’s future is to research, embrace, and maximize your Member ROI. This series of 15-minute videos cover hot topics and issues related to 501c organization management.
Through a flexible planning process, Associations energize their Boards to do big things : Focus and unite on data. Once the process is complete, Associations regularly: Report to members on alignment with the metrics and KPIs that help them overcome uncertainty and succeed.
On Thursday (9/26), ASAE is hosting a webinar about a possible existential threat to associations: legislators who want to apply the 21% corporate tax rate to the non-donation net revenue of tax-exempt organizations, like associations. Non-dues revenue. AI for associations. Need to sharpen your knowledge about AI?
James Young at Product Community shares ten revenue-generating product ideas. Learn how one association used personalized communications to gather data that boosted member retention, non-dues revenue, and year-round member engagement. Product ideas. He doesn’t think of them as visionary, but some of them are new to me.
Foundation grants can be one of several revenue streams in a nonprofit organization’s sustainable fundraising plan. As a share of all revenue streams, including government funding, program revenue, and investment income, foundation and corporate grants made up 15.3%. In 2022, foundation funding accounted for about $105.21
Competing against niche professional organizations, membership and conference revenue has “slowed to a trickle.” The organization’s outgoing treasurer describes the financial situation as “dire.” Join other PAR members as we share forecasting metrics and tips on how to include internal colleagues and departments in the process.
Non-dues revenue. Patti Callahan at Association Analytics describes a data-empowered method for thinking outside the traditional non-dues revenue box and shares examples from associations that are leading the way. Extra credit Nearly three-quarters of organizations were the target of attempted business email compromise attacks.
Fri 11/13 at 10 a.m.* – Member ROI Simplified: Safeguarding Your Organization’s Future. The most important method for safeguarding your organization’s future is to research, embrace, and maximize your Member ROI. This series of 15- to 20-minute videos cover hot topics and issues related to 501c organization management.
While we continue to monitor developments , here are some resources on how nonprofits can mitigate potential impacts: Diversifying nonprofit revenue streams Diversifying revenue streamsincluding with government grants so youre not dependent on one unsustainable source is not a new idea but perhaps a more urgent one.
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. Educational events.
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