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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.
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.
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. Learn how to structure your system in 3D, leverage one-click reporting, and avoid common pitfalls.
Their 4-step process for planning and managing an awards program will help you map out a plan for success. The latest research report from Halmyre Strategies describes emerging challenges as a new generation enters the workforce : burnout, retention, customer demands, declining value of credentials, and changing roles. Anti-social.
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
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.
I use data from MGIs survey report more than any other research in our space. Business Growth Hacking Lab To grow your membership and non-dues revenue to the next level, what changes must be made in marketing, tech, people, and business development? Seuss Association survey. I strongly encourage your associations participation.
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.
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.
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.
In 2025, Congress is likely to consider new tax increases on association revenue, such as membership dues, sponsorships, investment income and educational program revenue. The comprehensive 2025 B2B Content Marketing Benchmarks, Budgets & Trends report from the Content Marketing Institute is a must-read for marketing professionals.
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?
Tech Tuesday: Who Should IT Report to in Your Association? Explore the various reporting structures for an association’s IT department and evaluate the pros and cons of each. How Associations Use Data to Drive Revenue Learn how to use data insights to increase member engagement and generate new revenue streams.
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.
Per the report, most associations are in the discovery or planning phase of AI adoption. The report also shares AI policy samples and discusses AI use, barriers to adoption, and potential use. Only a few have integrated AI into their operations, primarily in marketing and communications. Gen Z and events. More info/register.
Summer 24 The Nimble AMS Summer 24 product release offered new advancements for your staff including Nimble Intelligence, to enhance standard reporting capabilities, growing revenue, driving member engagement, and exceeding your goals. The Summer 24 release streamlined crucial processes, saving both your staff and members’ time.
Survey participants will receive the study’s final report. 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.
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.
Economic Uncertainty Economic growth or slowdowns during an election year can significantly impact project demand, revenue projections, and financial stability in construction, real estate, and community association management industries. A survey by the Associated General Contractors of America (AGC) and Arcoro found that 94% of U.S.
The McKinley Advisors study says that associations risk chasing nondues revenue at the expense of their core mission. A new research report argues that associations are neglecting their membership models, and that their role in overall value proposition requires more intent and strategy. It’s a very clear value proposition.”
The report that came out of their first survey two years ago was full of good information and great ideas so I look forward to this edition. Billhighway explains how virtual events can help sponsors and exhibitors achieve their marketing goals —while helping chapters achieve their revenue goals. Virtual event sponsors/exhibitors.
Association Adviser’s annual Association Benchmarking Report begins with an interesting look at association communication challenges and trends over the past 12 years Naylor has published this report. That explains the interest in communities like Non-Dues-A-Palooza and Professionals for Association Revenue. Event design.
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? Providing your members with the latest news, research, and reports for your industry or profession. Want more revenue tips? Get the Guide.
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.
James Young at Product Community shares ten revenue-generating product ideas. For their 2024 State of Associations Member Experience (MX) report , Forj surveyed over 1000 association members about membership expectations and experiences. Product ideas. He doesn’t think of them as visionary, but some of them are new to me.
Many members are struggling financially because they’ve been laid off, had their budget cut, or suffered revenue losses. Read the article (and report) to get the exhibitor perspective. Association websites compete with for-profits, media, and other associations for eyeballs, mindshare and even revenue. Affordable membership.
The report recommends taking a multichannel approach; personalizing the journey so members/customers quickly find what they need; and tracking their place on the engagement loop of consume, contribute, collaborate, and co-create. Non-dues revenue. Learn about the process of building a custom app, including the cost and timeline.
Is your association looking for strategies to drive revenue to help you meet your organizational goals? With a superior member experience, your association can increase member acquisition and grow revenue. When members can customize their virtual space, it drives an excellent member experience and ultimately increases revenue.
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. Grew annual revenue from $300,000 to $12 million.
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. Another report to add to your reading list is Deloitte’s 2023 Gen Z and Millennial survey. 1 CAE credit.
Unlike many cycles of nonprofit operations, grant reporting doesn’t really have a season; it’s all year long. Grant reporting also varies widely by funder. Here we share how we turned traditional, time-consuming grant reporting into a faster, easier, and more efficient process. We call this our narrative report.
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. .
Learn how to determine the best new member on-boarding process for your organization, increase new member engagement immediately, measure the short and long-term results of your on-boarding process, and find emails or processes that are not working optimally and make adjustments accordingly. More info/register. 1 CMP credit.
I attend a lot of webinars and conferences about non-dues revenue, including Non Dues-A-Palooza. I realized recently that hardly anyone is talking about AMS (association management system) as a revenue generator ; this makes no sense to me! Yes, nearly every association uses their AMS to manage and process dues payments.
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. Mapping the Cookie Crumbs: A Hands-On Approach to Process Mapping Learn about the fundamentals of process mapping.
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. While reading GrowthZone’s 2024 association survey report , I noted a few common problems. In a recent survey in fact, over 80% of associations said that they are making non-dues revenue a top priority.
How Your Association Can Drive Revenue & Growth with AI-Based Personalization. Organizations are not only seeing deeper engagement, but also increased sales and more diverse revenue streams. Keep it Agile: Community Management Processes. Responsible Revenue: How to Host a Profitable and Safe Hybrid Event. CAE credits.
Every year, The Community Roundtable releases the State of Community Management Report. 2020's report, The State of Community Management: Changing the Way the World Works , highlights three big themes: Advanced communities create generative value. We pulled out 28 stats from this year's report that illuminate big community topics.
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. labor markets won’t meet future workforce needs. . –
. – 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. Driving Revenue with Contextual Engagement and Marketing. 1 CMP credit. More info/register. Host: Cvent.
At Business Insider, Charlotte Lytton reports on research about Gen Z and education. Host: Professionals for Association Revenue Wed 9/27 at 1 p.m. One in seven people in your association’s target audience may process information differently from the way society often expects. Gen Z education. More info/register.
Naylor’s 2019 Association Communications Benchmarking report is full of so many insightful nuggets that it’s worth reading the full assessment, but here we’ll cover 10 stats from the report : #1. Your systems should be working together for you, not against you, in an effort to streamline communications and processes across departments.
To preserve the online education programs and processes I worked so hard to put in place! Some important reports that come to the top of my head include: Revenuereports. Some important reports that come to the top of my head include: Revenuereports. Past board and committee reports.
Keep the Seal of Approval concept in mind when examining your association’s offerings and unique value propositions, says Dr. Michael Tatonetti in a post by Carolyn Shomali at Professionals for Association Revenue. MCI released a benchmark survey report on AI adoption in associations. In 2016, China reported 17.86 AI adoption.
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