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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.
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.
The weekly list of free educational events and resources for the association community Association Brain Food wont be in your inbox next Friday (May 16) because next week Im in New Mexico and Texas for a family hiking vacation. Limited resources. Youll get the next edition on Friday , May 23. Association influencers. Website traffic.
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.
The weekly list of free educational events and resources for the association community… Hurricane Helene. Find a list of organizations to support in the Helene Response & Rebuild: Western North Carolina Resource Guide. People have lost their homes, perhaps their businesses or jobs, and all their worldly goods. Sponsorships.
The weekly list of free educational events and resources for the association community… “May you experience each day as a sacred gift woven around the heart of wonder.” They describe revenue-sharing models and offer tips for ensuring a profitable, equitable and peaceful partnership. Awards program. Attendee preferences. 1 CAE credit.
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. Resource: Higher Logic + AACSB Case Study.
The weekly list of free educational events and resources for the association community Awards program. Their 4-step process for planning and managing an awards program will help you map out a plan for success. Find out which common tools you may already have to help automate some of the process. How do you all cope?
The weekly list of free educational events and resources for the association community… “It is not every day that the world arranges itself into a poem.” Explore how they engaged hundreds of volunteers, created meaningful sponsorship opportunities, and developed new revenue streams. Wallace Stevens Survey. AMS selection. Illuminating.
The weekly list of free educational events and resources for the association community The purpose of art is washing the dust of daily life off our souls. Snapsight explains how to use AI tools to turn session content into resources that generate revenue and engagement. Pablo Picasso Membership requirement for certification.
, this metric is actually an effective growth strategy to help you counteract churn and increase overall revenue. Defining Net Negative Churn (+ How It Relates to Revenue). Net negative churn means that over a given period of time, you lost customers but still grew your overall revenue. Resource Expansion. Cross-selling.
The weekly list of free educational events and resources for the association community… “You can never be wise unless you love reading.” 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.
While the process can be tedious, compiling nonprofit financial statements allows your organization to evaluate its financial standing and stay accountable to stakeholders. These documents help you use resources effectively to fulfill your nonprofits mission. They may require a balance sheet to verify responsible resource allocation.
The weekly list of free educational events and resources for the association community Reading is an act of resistance in a landscape of distraction. Learning revenue. Host: Lori Zoss Kraska, MBA, CFRE, founder and CEO, Growth Owl Speaker: Joan Wright, Executive Director, Childcare Resources Wed 4/23 from 8:45 a.m. to 4:10 p.m.
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. AI is Transforming Processes Here’s How to Get in Front of It Hot Take: Theres a systematic way to change your processes. CAE credit.
In todays technology-driven world, associations that fail to modernize risk losing relevance, members, and revenue. Lost Revenue: A lack of engagement impacts renewals, event participation, and other revenue streams. The Costs of Inefficiency: Wasted Resources: Time and money are consumed by outdated workflows.
The weekly list of free educational events and resources for the association community… “Life shrinks or expands in proportion to one’s courage.” Non-dues revenue. If you’re a podcast listener, check out Association RevUP from Professionals for Association Revenue. Anais Nin Engagement. Open your email or not. to 6:30 p.m.
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?
The weekly list of free educational events and resources for the association community… Economic outlook for associations. 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.
Diversification of revenue streams to minimize the impact of funding shocks is neither straightforward nor easy. This creates a significant gap between operating costs and revenue. These resources are stop-gap measures, however; more innovation is needed to transition the subsector into a new era. Why mergers and partnerships?
The weekly list of free educational events and resources for the association community… On my calendar. James Young at Product Community shares ten revenue-generating product ideas. James Young at Product Community shares ten revenue-generating product ideas. Product ideas. Professional development. But how do you get it?
The weekly list of free educational events and resources for the association community… Design thinking demystified. Meetings Today talked to event planners about revenue diversification, in-person vs. virtual attendee engagement, and managing your mindset. Are you just a tiny bit intimidated by the idea of design thinking?
Are you looking for new ideas to increase association revenue? Your association can increase revenue by boosting its efforts in volunteer recruitment and engagement. Read on to learn how to mobilize your event volunteers and help your association increase events revenue to reach its financial goals. . Well, search no further.
The weekly list of free educational events and resources for the association community… New member onboarding. 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. 1 CMP credit. Host: MPI. .
The weekly list of free educational events and resources for the association community… On my schedule. 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.
The weekly list of free educational events and resources for the association community Life cannot be delegated. Whether stemming from misunderstandings, resource allocation concerns, or strategic disagreements, addressing these challenges is crucial to maintaining organizational unity and achieving global growth. More info/register.
The weekly list of free educational events and resources for the association community… Chapters and membership. Optimizing the Budget Building Process Learn how an annual budget process assessment can set the stage for change and improved performance. RFP for an AMS. 1 CAE credit. More info/register. 1 CAE credit.
Is your association looking for strategies to drive revenue to help you meet your organizational goals? Leveraging modern software at your organization can help you provide an excellent member experience and ensure you remain a valuable member resource. If so, you’re not alone. Here’s how: 1. Personalize member experiences.
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. Events offer a valuable opportunity to drive non-dues revenue for your association. Get the Guide 1.
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.
The weekly list of free educational events and resources for the association community… Request re career section on association website. 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.” Hear about ten (or more!)
The weekly list of free educational events and resources for the association community… Industry careers website. Competing against niche professional organizations, membership and conference revenue has “slowed to a trickle.” Host: Professionals for Association Revenue Wed 10/11 at 11 a.m. 1 CAE credit. . – CAE credit.
The risks of staying stagnant are high associations that dont adapt to technological advancements risk membership declines, revenue losses, and diminished influence. Lost Revenue Opportunities : Engaged members are more likely to invest in events, resources, and memberships.
The weekly list of free educational events and resources for the association community… Session recordings. Many members are struggling financially because they’ve been laid off, had their budget cut, or suffered revenue losses. From Virtual Events to Real Revenue. Professional development is a must in uncertain times.
Engaging current customers positively impacts overall business goals in several ways, including increasing revenue by generating opportunities for sales of additional products and services. Why Smart Businesses Dedicate Resources to Customer Marketing. Why Smart Businesses Dedicate Resources to Customer Marketing.
The weekly list of free educational events and resources for the association community… ASAE Annual road trip. In Nimble’s AI success kit, you get four resources: two 30-minute webinar recordings about AI for associations and two white papers, an introduction to AI for associations and a guide to developing an AI strategy.
The weekly list of free educational events and resources for the association community… Virtual conference pricing. Top Trends to Increase Non-Dues Revenue and Membership Dues in 2021. Driving Revenue with Contextual Engagement and Marketing. Learn how associations are using Contextual Engagement to drive revenue.
They didnt just add new offerings; they reimagined how existing resources could be combined in innovative ways. million in annual revenue with just 21 employees. By challenging the status quo, AIIM shed outdated processes, freeing up resources for innovation. Question Everything. Adopt the Uber Mentality.
The weekly list of free educational events and resources for the association community… Looking forward. Quickly, organizations froze salaries and eliminated bonuses and benefits as they hedged against rapidly changing revenue forecasts. Presenters: Charlotte Hayslett, Vice President of Human Resources, Visit Milwaukee.
The weekly list of free educational events and resources for the association community… “If you look at what you have in life, you’ll always have more. Host: Professionals for Association Revenue Wed 9/6 at 11 a.m. If you look at what you don’t have in life, you’ll never have enough.” Oprah Winfrey Online programs. Membership trends.
Generate revenue. Content marketing is the process of creating valuable and customized content geared towards your target audience and then delivering it at the right time in the right places. Do you want to establish yourself as a trusted resource and industry expert? Develop a Process. Conversion. Improve SEO.
The weekly list of free educational events and resources for the association community… AMS/CRM community. 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. Association magazines. Association boards.
Mobile-friendly access : Mobile-friendly access to educational resources and membership benefits is important to younger members, who will want 24/7 access to your learning programs from whichever device they choose. Resource: Integrate for Success: 3 Sweet Results of AMS Integrations. #4. Once again, it dials back to data.
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.
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