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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.
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.
2024 marked another exciting year for Nimble AMS product releases! Every year, Nimble AMS offers our customers three free product releases , in the Spring, Summer, and Winter, to ensure everyone has access to the latest technological innovations and advancements. MSTA has had wonderful experiences with Nimble AMS product upgrades.
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.
Impexium explains how to increase your association’s sponsorship revenue with a new relationship-based and expertise-focused approach to corporate partners. A post titled “Sharing a Beer” is always going to catch my eye, especially when written by James Young of Product Community. Membership value. Good humans. Member engagement.
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. I’m happy to feature it as long as it’s not too product-centric. Awards program. Attendee preferences.
Their 4-step process for planning and managing an awards program will help you map out a plan for success. Hailey Mensik at WorkLife writes about ping fatigue in the workplace and how it hurts productivity. Im happy to feature it as long as its not product-centric. Anti-social. Team messaging. How do you all cope?
Snapsight explains how to use AI tools to turn session content into resources that generate revenue and engagement. Im happy to feature it as long as its not product-centric. Plus, they provide a 30-day action plan. Fri 4/4 at 12 p.m.* CAE LiveChat This program is open to all CAE candidates, current CAEs, and all ASAE members.
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.
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. AMS selection. Illuminating. RFP for an AMS. 1 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. I’m happy to feature it as long as it’s not too product-centric. Fri 11/1 at 1 p.m. More info/register. . Location: Arlington VA. . –
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. Choosing the right pricing strategy for your association’s services and products can offer powerful results.
When services or products evolve, your new offerings aren’t always going to be the right fit for all your customers. Since we know at least some churn is a given, is there any way for businesses to offset these costs? , this metric is actually an effective growth strategy to help you counteract churn and increase overall revenue.
NetForum offers insights and strategies for addressing four challenges associations face when theyre compelled to do more with less : inefficient processes, staff shortages, technology limitations, and budget constraints. Im happy to feature it as long as its not product-centric. Limited resources. Association influencers.
Learning revenue. Im happy to feature it as long as its not product-centric. 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! Fri 4/11 at 12:30 p.m.* More info/register.
In 2025, Congress is likely to consider new tax increases on association revenue, such as membership dues, sponsorships, investment income and educational program revenue. Im happy to feature it as long as its not too product-centric. Young, PhD, Founder & Chief Learning Officer, The Product Community Tue 12/10 at 12 p.m.
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.
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. What is Sales Operations?
Billhighway explains how virtual events can help sponsors and exhibitors achieve their marketing goals —while helping chapters achieve their revenue goals. The goals they discuss are thought leadership, meeting leads and decision-makers, product showcasing and brand awareness. Virtual conference success stories. More info/register.
I’ll be happy to feature it as long as it’s not too product-centric. 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.
The Nimble AMS Spring ‘22 release is packed full ways to help you grow revenue. Less clicks means more revenue. This new eCommerce experience built on Salesforce’s Experience Cloud enables you to highlight your flagship digital products and provides members with a quick, single click purchase. Good-bye cart, hello revenue. .
Im happy to feature it as long as its not product-centric. SEO to Sales: The Organic Way to Turn Search into Revenue Hear about an organic SEO strategy that fuels real business growth (without relying on paid ads). Host: James Young, founder, Product Community Thu 2/27 at 11:30 a.m. More info/register. More info/register.
Non-dues revenue. If you’re a podcast listener, check out Association RevUP from Professionals for Association Revenue. Productivity is a drag. I’m happy to feature it as long as it’s not too product-centric. YourMembership describes 13 steps small-staff associations should take to attract and recruit new members.
Product ideas. James Young at Product Community shares ten revenue-generating product ideas. He explains how to build product lines using a framework involving product extensions—an interesting and potentially fruitful strategy. I’m happy to feature it as long as it’s not too product-centric.
Meetings Today talked to event planners about revenue diversification, in-person vs. virtual attendee engagement, and managing your mindset. I’ll be happy to feature it as long as it’s not too product-centric. Learn three key concepts to help you prepare for the upcoming budgeting process. The future for event planners.
Events play a key role in engaging your members, generating revenue, and achieving organizational goals. By asking event tech vendors the right questions, you can confidently navigate the process and make an informed decision. Is this product designed for association events like mine? Get the Guide 1.
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.
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. I’m happy to feature it as long as it’s not too product-centric.
Another take on the young professional recruitment challenge comes from James Young of Product Community. Competing against niche professional organizations, membership and conference revenue has “slowed to a trickle.” I’m happy to feature it as long as it’s not too product-centric. Next gen membership #2. More info/register.
The seminar will inform the ASI Europe Community about the latest product updates, how to use the products more effectively, and most importantly provide an opportunity to network with colleagues from the not-for-profit sector. This annual client seminar will take place in Victoria, London, UK.
Many members are struggling financially because they’ve been laid off, had their budget cut, or suffered revenue losses. I’ll be happy to feature it as long as it’s not too product-centric. Association websites compete with for-profits, media, and other associations for eyeballs, mindshare and even revenue. Chapter bright spots.
Engaging current customers positively impacts overall business goals in several ways, including increasing revenue by generating opportunities for sales of additional products and services. Increase revenue. Well, that was a nice segue into our next point: increasing revenue.). Increase Revenue. That being said….
I attend a lot of webinars and conferences about non-dues revenue, including Non Dues-A-Palooza. At all of these events, there are presentations and discussions about new products and new partnerships that associations can invest in and offer to their members. So why isn’t your AMS part of YOUR association’s non-dues revenue strategy?
So, beyond your standard questions about event schedule and production cost, what are the other most important questions to ask a virtual events vendor as you investigate their services? Manage the recording process and edit the archives? How large is your virtual events support and production teams? Do they train speakers?
I’ll be happy to feature it as long as it’s not too product-centric. 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. Wed 9/16 at 11 a.m.
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.
I’ll be happy to feature it as long as it’s not too product-centric. The six months since lawmakers and the administration reached an agreement in December on fiscal 2020 spending have been unlike any other in the history of the appropriations process. Revenue and Pricing Strategies for Virtual Events. Tue 7/14 at 12 p.m.
Consider the case of Elon Musk, who since taking over Twitter last year has worked to institute a productivity-focused, “hardcore” workplace culture at the social media platform. If your company isn’t a place where people want to work, it’s not going to be very productive or successful.
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. I’m happy to feature it as long as it’s not too product-centric. RFP for an AMS. 1 CAE credit.
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. I’m happy to feature it as long as it’s not too product-centric. Membership app. 1 CAE credit. More info/register.
From navigating the nuances of Unrelated Business Income Tax (UBIT) to accurately reporting across multiple revenue streams, staying compliant can easily become time consuming and overwhelming. Learn how to simplify your staff processes today! With powerful automation tools, Nimble AMS can help associations categorize revenue streams.
I’ll be happy to feature it as long as it’s not too product-centric. Quickly, organizations froze salaries and eliminated bonuses and benefits as they hedged against rapidly changing revenue forecasts. Hear how to meet today’s member needs, actively engage new audiences, and uncover new revenue opportunities. 1 CAE credit.
I’ll be happy to feature it as long as it’s not too product-centric. This conversation will be a starting point for those unsure of where to begin, as well as a welcome space for those who have already started this process to share their experiences. Presenter: McNeel Keenan, vice president of product management, Cvent.
Associations usually rely on corporate marketing budgets for sponsorship revenue. I’m happy to feature it as long as it’s not too product-centric. Learn about the types of technology needed for associations looking to retain, engage or grow membership and revenue programming. More info/register. 1 CAE credit. More info/register.
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