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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.
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. —John O’Donohue, Eternal Echoes: Celtic Reflections on Our Yearning to Belong Chapter education partnerships.
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. Attendee value. Illuminating. RFP for an AMS.
As you strategize for the future, consider a few add-on tools to help you amplify the impact of your online community and strengthen your ability to meet the personalized needs of your members while driving association revenue, among other business objectives like recruitment and advocacy. Strategic content delivery.
In 2025, Congress is likely to consider new tax increases on association revenue, such as membership dues, sponsorships, investment income and educational program revenue. AI is Transforming Processes Here’s How to Get in Front of It Hot Take: Theres a systematic way to change your processes. Tax reform threat.
While the process can be tedious, compiling nonprofit financial statements allows your organization to evaluate its financial standing and stay accountable to stakeholders. Potential scenarios that would cause lower net assets but not indicate a treacherous financial situation include major projects, seasonality, and high deferred revenue.
Economic Uncertainty Economic growth or slowdowns during an election year can significantly impact project demand, revenueprojections, and financial stability in construction, real estate, and community association management industries.
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. 1 CAE credit.
Billhighway explains how virtual events can help sponsors and exhibitors achieve their marketing goals —while helping chapters achieve their revenue goals. This project you’re working on, the new business or offering, what sort of value does it create? It’s what we do: we build organizations and projects that create value.
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. The future for event planners. Good question. CAE credit.
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.
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.
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.
Competing against niche professional organizations, membership and conference revenue has “slowed to a trickle.” Expert Series: Be the Association Hero: Increasing 2024 Non-Dues Revenue Hear about key strategies that will help you drive more non-dues revenue and build a true career growth destination for your members in 2024 and beyond.
Non-dues revenue. If you’re a podcast listener, check out Association RevUP from Professionals for Association Revenue. 2nd Annual Data Analytics Network Data Science Fair (Arlington VA) We are recruiting data nerds to talk about their coolest project. Location: Washington DC. More info/register. to 6:30 p.m. 1 CAE credit.
million in annual revenue with just 21 employees. By challenging the status quo, AIIM shed outdated processes, freeing up resources for innovation. Cross-functional, project-based teams allowed AIIM to be nimble, leveraging the best skills across the organization without rigid silos. Question Everything.
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. 1 CAE credit. More info/register. 1 CAE credit. 1 CAE credit. More info/register.
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. Are you focusing on the right projects? Should you first focus on tools rather than projects?
The Round 1 application process for the 2024 Mighty Big Grant is open through April 30 and takes no more than 5 minutes to complete. 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. Blue ocean strategy.
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. Terry Brown, VP of Project Services, Protech.
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. Rae Malcham, Senior Technical Project Manager, Hubb. The technical process is relatively easy.
They explain how to develop a content strategy, know when it’s time for a redesign, decrease costs and increase revenue. Project Success Is Up to You: Taking Your Project to the Next Level I get it. You have a full-time job, and doing systems projects isn’t it. Print magazines. Generation Z. Host: WorkerBee.TV
If your association has a website redesign project on the horizon, there’s no need to ask for RFP samples on ASAE Collaborate. You can get everything you need in Brightfind’s RFP template for CMS and website design projects. Host: Professionals for Association Revenue Wed 9/27 at 1 p.m. Website RFPs. More info/register.
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. Host: The Mentor Project. 1 CAE credit. More info/register. Host: Community Brands.
Billhighway talked with Peter Houstle of Mariner Management and Christi Beatty of the Associated General Contractors of America (AGC) who are working together on AGC’s chapter benchmarking project. Christi shared lessons learned so far, including five prerequisites for a chapter benchmarking project. Event budgets. Pietranton, Ph.D.,
Impexium describes three crucial principles that most associations and vendors overlook during an AMS implementation —things that will make your project much more difficult. Open Space events. Here’s a cure for boring conferences. WBT Systems explains why it might be time for your association to get into the microcredentials business.
You just need to respect your chapters’ needs and empower chapter leaders – whether they’re volunteers or paid staff – to take initiative on projects that benefit both your association and chapters’ more localized members. Support Chapters’ Priorities and Processes. Generate Revenue through Digital Advertising.
Everyone knows getting buy-in for a new project can be frustrating. It’s often a long process. You’ll likely face questions and concerns even after you present your team with details on how an online community can improve acquisition, retention, and revenue. Do you want to increase revenue? We Don’t Have Enough Staff.
Project success stories. Sherry Budziak of.orgSource recaps accomplishments and lessons learned by the association execs and tech partners who shared their project stories at Solutions Day. Trust me, when you don’t know which direction your content is going, the publishing process comes to a halt. Member recruitment.
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? . – 1 CAE credit.
Until after four months of trying (it can be a big project with a lot of hidden surprises) they realized that the replacement system had its own warts. Ecommerce sales are just one of the forms of non-dues revenue associations are gleaning from their AMSs. 4) data is stored within a Business Intelligence framework.”.
With their proven processes, you’ll save time during selection and implementation so your programs will be up and running more quickly. You’ll choose technology that helps you deliver the best learning experience possible to members and customers, and the maximum revenue to your bottom line. Consultants are business analysts.
1] As concessions present a considerable revenue stream, contactless ordering is a promising solution for everyone. Before the pandemic, fans showed a growing interest in using self-ordering kiosks and mobile apps to speed up the food ordering process. When the ordering process becomes digitized, the chances of an error are minimal.
Efficiency issues for staff: wasted time, manual processes, and lack of automation. Staff interviews are a critical element in preparing a business case: you’ll gather information to support your argument and you’ll identify project allies. Show them that you’re ready to take on this project. Reporting limitations.
Even if the result isn’t what you expected or wanted, you still win because you built a team and implemented a process. If you get frustrated, don’t bail on the project. As long as you choose your goal(s) wisely, build your core team, and move through the process it is worth sticking it out until the end. Confidence.
To preserve the online education programs and processes I worked so hard to put in place! Information about your team’s project management methods and tools being used – i.e. where to find project task lists or communication threads in Asana, Basecamp, Slack, etc. Revenue Share Agreements.
Project management. But these meetings often occur only after things go wrong or big projects end, says Ethan Mollick. He links to research on the best approaches to debriefs, but it’d be easier to read this DelCor post on the project close. Host: Professionals for Association Revenue Wed 9/6 at 11 a.m. CAE credit.
For their event technology buyer’s guide , EventMobi interviewed 20 association event professionals to better understand the most time-consuming challenges when buying event technology—a good thing to know when starting a selection project. Google rankings. 1 CAE credit. More info/register. 1 CAE credit. More info/register. 1 CAE credit.
A few of them might surprise you, but they’re essential for technology project success. Join our Academy team as we will help take you through the process, self-reflection and kick off the steps for you to begin mapping your future. Some of these might be keeping you up too, but don’t worry, Achurch provides solutions too. CAE credit.
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. Now that this task has come to the forefront again, learn how to manage a project like this. More info/register (donation requested). More info/register.
We hope you will learn from these user stories and how you can grow member value, increase productivity, and boost revenue while using GrowthZone’s software solutions. The following highlights responses relating to streamlined processes from using GrowthZone. “We have streamlined processes and increased staff connection.
In facilitated conversations, participants will explore how the industry can come together to develop helpful resources for all stakeholders in the AMS/CRM selection process. They also explain how to develop a content strategy, identify the best time for a redesign, decrease costs, and increase revenue. Association magazines.
To help you sift through the options, D2L’s buyers guide for associations offers advice on the LMS selection process and walks you through the different system features, capabilities, and support services you’ll encounter out there. AMS selection. Membership. Aptify shares 50 ways to boost member recruitment and retention. 1 CAE credit.
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