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The post Rethinking Revenue: Your Membership Plan appeared first on Spark Consulting. Register for this free webinar here. Hosted by: Atigro, Charles River CFO, Massachusetts Nonprofit Network, Nonprofit Center of the Berkshires, and Social Innovation Forum.
This gap presents a significant challenge. The 2024 Association Benchmarking Report highlights a critical insight: data and strategy teams are the most understaffed areas in associations, with nearly half of respondents reporting a lack of resources to effectively leverage data.
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.
In many cases shifting to virtual also allowed them to retain sponsorship and exhibit revenue versus refunding dollars. Moving forward however, this new digital landscape, that is expected to continue in some form even after the return to in-person events, presents many opportunities for new and increased non-dues revenue.
Many of our organizations, in an attempt to be all things to all people (or due to the temptation of all that tasty, tasty non-dues revenue), have larded up our membership “benefits” with so much tangential crap that our members can’t focus on the stuff that will actually help them achieve their goals and fix their problems.
Impexium explains how to increase your association’s sponsorship revenue with a new relationship-based and expertise-focused approach to corporate partners. She shares three questions to help you declutter your media and other non-dues revenue products before adding anything new. Membership value. Association media. Host: rasa.io
Lead Marvels helps you make a case for a new revenue stream at your associationsponsored content. They explain how five associations addressed common challenges and objections to sponsored content and how they use it to generate revenue and member engagement. Again, are you offering and promoting this aspect of membership? to 4:10 p.m.
Snapsight explains how to use AI tools to turn session content into resources that generate revenue and engagement. Hear from successful salespeople who will share how they leverage this data to prioritize lead follow-up, have more valuable conversations and more effectively convert those prospects into meetings, pipeline and revenue.
If you’re like most associations, it’s likely that your member dues have been in decline and that means you’ve got to look at other ways to make up for that difference, Diversifying revenue streams is key to long-term success, but your association doesn’t need to look far for solutions.
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. Virtual Events . Taking Your Face-to-Face Conference Virtual.
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. Take away actionable strategies to boost sponsorship revenue and create lasting partnerships. More info/register. 1 CAE credit. 1 CAE credit.
Billhighway explains how virtual events can help sponsors and exhibitors achieve their marketing goals —while helping chapters achieve their revenue goals. Presenters: Graham Harvey, Chief Strategy Officer, Matchbox Virtual Media. Presenters: Liam O’Malley, VP Association Solutions, Blue Sky eLEARN. More info/register.
Presenters: Ann H. Ask your questions regarding strategies, best practices, and tactics across the full event marketing funnel (from leads to revenue) and expand your role beyond execution to designing experiences that deliver on business objectives by understanding how event marketing works. More info/register. 1 CMP credit.
Learning revenue. In an industry filled with revenue models, engagement tactics, and membership initiatives, knowing what truly drives success can mean the difference between growth and stagnation. Makes sense to me! They also explain how associations have adjusted their business models to monetize learning programs. to 4:10 p.m.
Besides helping your organization make better financial decisions and build trust with stakeholders like donors, board members , and funders, there are instances when your organization must present a balance sheet. If your nonprofit undergoes a financial statement audit , presenting an updated nonprofit balance sheet is crucial.
Meetings Today talked to event planners about revenue diversification, in-person vs. virtual attendee engagement, and managing your mindset. Presenter: Kyle Jordan, Ed.M, Presenters: Ann H. Presenters: Megan Powers, Founder, Powers of Marketing. Presenters: Amanda Simons, Principal, Honeycomb Strategies.
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. Presenter: Ray van Hilst, Director of Client Results, Yoko Co. Affordable membership.
A new report from Bruce Rosenthal Associates, HPN, and Ricochet Advice, The Conference Roadmap to Recovery , presents survey responses from 8,525 association members on their likelihood to attend conferences in 2021. Presenter: Lee Gimpel, Founder, Better Meetings. Presenters: Scott Davis, Account Executive, Mediasite Events.
Presenter: Joanna Pineda, CEO, Matrix Group. Presenter: Thom Singer, CSP, executive search consultant and a professional speaker. Presenter: Melissa Lagowski, Big Buzz Idea Group. – Revenue Success from Scratch: One Association’s Story. Presenter: Ty M. More info/register. Host: Optimal Networks.
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. Learn about strategies for leveraging non-dues revenue opportunities strategically.
Chapters can continue to generate non-dues revenue by partnering with their sponsors in new ways. Billhighway explains how to help chapters leverage their event and content assets to deliver desperately needed revenue to their bottom line and value to sponsors. Presenters: Graham Harvey, Chief Strategy Officer, Matchbox Virtual Media.
It’s important to have revenue-generating tools and approaches in place to keep your association strong. . Here are some approaches you might not have thought of to increase revenue for your association. Over time, your association’s revenue needs change. But it can be a highly effective tool for increasing revenue.
Presenters: Ann H. Presenters: Ian Webb, Head of Business Development, Eventsforce. 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. More info/register.
Presenters: Matrix Group CEO Joanna Pineda and Liz King Caruso of Liz King Events & TechsyTalk. Join us for the just-in-time virtual Community Platform demo day featuring presentations from a limited number of industry partners that offer community platforms. Presenters: Mark Prevost, Billhighway. More info/register.
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.
Presenter: Amanda Davis, CMP, Director of Learning & Development and Online Learning Manager, Blue Sky eLearn. Presenter: Alexandra Watkins, Chief Executive Boss Lady of Eat My Words. Presenters: KiKi L’Italien, CEO and Host, Association Chat, & Senior Consultant, Tecker International, LLC. More info/register.
Teri Carden is cooking up a phenomenal-sounding digital experience for anyone interested in increasing their non-dues revenue. Presenter: Kyle Jordan, Ed.M., Presenter: JoDee Curtis, SHRM-SCP, CPA, founder of Purple Ink. Presenters: Ariana Aragon, Director of Implementation, and Abhay Khurana, Chief Marketing Officer, Feathr.
In 2025, Congress is likely to consider new tax increases on association revenue, such as membership dues, sponsorships, investment income and educational program revenue. If so, CSR funds could present opportunities for you. Luke Burgis [A revealing one to ponder.] Tax reform threat. More info/register (ASAE members only).
Quick hits before we get to the list of next week’s free education: Association revenue resilience: build a foundation with content pillars. Presenters: Tracy Judge, MS, CMP, Founder & Chief Connector, Soundings Connect, Soundings Connect. Presenters: Erica Salm Rench, director of customer success, rasa.io. Count me in.
Presenters: Georgi Ann Bailey, Hon. Presenters: Krysten Douglas, Senior Sales Manager, Visit Indy. Quickly, organizations froze salaries and eliminated bonuses and benefits as they hedged against rapidly changing revenue forecasts. Presenters: Charles Quatt, president and founder of compensation consulting firm Quatt Associates.
Use panel discussions, interviews and cameras so people aren’t just looking at presentations and hearing one person’s voice.”. Here are a few tips for using your community to increase engagement: Make sure the presenters get involved in the online discussions before and after their sessions. Turn on the cameras. Don’t have a community?
The importance of revenue diversification was made painfully obvious during the pandemic. Associations that relied too heavily on one revenue source, like the annual meeting or membership dues, had a tough time. Revenue diversification is an essential strategy for achieving the financial stability needed to drive your mission forward.
If you’re an association professional who is responsible for business development, exhibitor sales, non-dues revenue programs, or any other revenue growth roles outside of membership sales, please complete this survey , which should take less than ten minutes of your time. Awards presentations. AMS selection. 1 CAE credit.
Amidst the helpful insight, two messages stood out for me: “a crisis presents opportunities, not just threats,” and “pivot, don’t panic.”. Presenter: Bonnie Wallsh. Maximizing Revenue through Smart Pricing Strategies. Presenters: Ann Davey, CEO, Massage & Myotherapy Australia. VIVid Virtual Presentations.
At the Harvard Business Review, Keith Ferrazzi and Sarah Zapp discuss the upside of virtual board meetings : shorter agendas, crisper presentations, more inclusive and bolder conversations, and broader exposure to key executives and outside experts. Presenters: Ann H. Presenter: Maxine Crump, CEO of Dialogue on Race Louisiana.
On the trade association side, revenue or staff size can be vital in how you treat a member organization. It’s a known fact – presented at our own Predict conference recently from our partners at Higher Logic – that the smaller the segment, the greater the impact. We have to sort and segment our audiences in some way.
For most associations, membership dues represent the single largest source of revenue. So, what can your association do to retain, and even grow, membership dues revenue? Now, when an at-risk member is discovered, staffers are automatically presented with actionable steps to take with the member. Want more revenue tips?
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.
Presenter: Reggie Henry, CAE, Chief Information and Engagement Officer, ASAE. Presenter: Sonali Nair, CMP, DES, Education Chair, MPI Experiential Designers and Marketers Advisory Board. You’ll engage them directly in our live chat, and you can ask questions during their presentations. More info/register. Fri 6/4 at 12 p.m.
Virtual presenters. WBT Systems describes some of what they’ve learned as an LMS provider over the years about online teaching in their tips for new virtual presenters and instructors. Presenter: Gregory Offner, keynote speaker and disruption expert. Presenter: Tracy Stuckrath, Founder and Chief Food Officer, Thrive!
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