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Without routine pricing reviews, your association could be leaving profit, and member satisfaction, on the table. 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. Why are regular pricing reviews essential?
Is your association generating as much non-dues revenue as it needs to, wants to, or has the potential to? One great way to do this is to look to your online education and certification programs – with your Association Learning Management System, generating non-dues revenue is easy!
If youre embarking on an AMS project, start your research by reviewing 108 Ideaspaces list of issues to consider when selecting an association management system (AMS) , such as reporting, security, API, technology partners, access control, cost of ownership, vendor stability, and the ability to expand software capabilities as your needs change.
Amanda Brahlek at Parthenon Management Group shares a useful review of social media platforms, metrics, and trends , with a focus on Bluesky. 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? More info/register.
Associations are always looking for new and creative ways to drive additional non-dues revenue. At a recent Association SIG Summit, Blue Sky Client Success Manager, Kara Adams, joined a group of association executives as they crowdsourced ideas to drive non-dues revenue. Anything you think we are missing? Comment below! Sponsorships.
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
Mark Athitakis at Associations Now brings a promising idea to the association world: the critical reviewer. If youre embarking on an AMS project, start your research with a review of 108 Ideaspaces list of issues to consider when selecting an association management system (AMS). Devils advocate. AMS selection. 1 CAE credit.
Explore strategies to revitalize your association’s digital foundation, with a central focus on leveraging learning technology to kickstart revenue generation. Tapping the Latest F&B Trends Explore the latest culinary and beverage trends for 2025 and review how 2024’s trends measured up. More info/register. 1 CMP credit.
Learn how to leverage technology and innovative programming to improve member retention, boost engagement, and create new sources of sustainable non-dues revenue. Get solutions to the challenges associations face in aligning their offerings with what members truly value. 1 CAE credit. More info/register. Thu 1/9 at 2 p.m. 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.
In 2025, Congress is likely to consider new tax increases on association revenue, such as membership dues, sponsorships, investment income and educational program revenue. Discuss variables that hotels consider when reviewing your overall business value. Luke Burgis [A revealing one to ponder.] Tax reform threat. 1 CAE credit.
Taking a strategic approach to driving non-dues revenue might seem challenging. Read on for proven techniques and technolog ies that will help you boost your non-dues revenue in no time. . Driving non-dues revenue is critically important to your association’s long-term success. Strategies for driving non-dues revenue.
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? With the answers to these questions in mind, review your messaging to make sure it’s member-centric. Review your website copy. Want more revenue tips?
Source: Capterra ] Want to review GrowthZone? By combining robust AMS features with a vibrant community hub, GrowthZone empowers associations to increase membership, boost revenue, and deepen member engagement. Implementing online membership applications has also saved time and paper!” Click here. All rights reserved.
Are you looking for tried and true methods to maximize your association revenue? There are myriad options on how to increase profits, however, leveraging successful strategies at your organization guarantees increased revenue and delivers value to the member experience. . Try out these four proven revenue boosters ?at
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.
Jeff Winters, Harvard Business Review ). 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. 1 CMP credit.
– Revenue Success from Scratch: One Association’s Story. Host: 100 Reviews/Non-Dues-A-Palooza. Host: Professionals for Association Revenue. Hear about sponsorship and convention/trade show UBIT exceptions and tips on how to maximize your tax-free revenue potential. Tue 6/29 at 2 p.m. 1 CAE credit.
Live Review of FOUR Association Websites. Well, find out when Ray and Chris analyze, review and provide feedback on 4 live association websites. Online community platforms helped many associations thrive despite the devastating impact the pandemic had on non-dues revenue streams. Host: 100 Reviews/Non-Dues-A-Palooza.
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. Sarah Gershman, Harvard Business Review ). Chapter sponsorships.
Association Briefings explains how podcasts benefit associations and their audience, provides tips for starting an association podcast , and reviews the planning process and issues to consider before you dive in. Ron Friedman, Harvard Business Review ). Live Review. Live Review. Member gatherings. More info/register.
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. Affordable membership. Chapter bright spots.
Billhighway explains how virtual events can help sponsors and exhibitors achieve their marketing goals —while helping chapters achieve their revenue goals. Review the six critical stages for your risk-management playbook. The Expert’s Guide to Growing Member Engagement and Revenue With an Online Career Center. 1 CMP credit.
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. Host: Ewald Consulting Speaker: Heidi Christianson, attorney specializing in nonprofit law, Nilan Johnson Lewis Tue 1/14 at 12 p.m. 1 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. A lack of engagement translates directly to lost revenue.
John Hagel, Harvard Business Review ). Review the most common technical mistakes when completing an application. Special guest Brian Carter will review the trends that have changed industries, why so many organizations have lost traction, and how top performers are growing and winning today. We are not strangers to reviews.
James Young at Product Community shares ten revenue-generating product ideas. Each class features a live review of real association marketing collateral, along with recommendations for improvement. Product ideas. He doesn’t think of them as visionary, but some of them are new to me. Innovation culture. But how do you get it?
It’s never too late to review and reflect upon the past year and make plans and promises to yourself for the year ahead. Non-dues revenue. 3 Rules to Building an Outstanding Digital Member Experience Learn essential insights into how to optimize your organization’s digital member experience and bolster sustainable revenue growth.
Their guide covers configuring software for abstract submission and peer review, issuing the call for papers, designing the conference program, and more. 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.
Retirement is going extinct, says Harvard Business Review. Hear about different levels of involvement and why it’s important to review your strategic plan every year. Review steps that will help you develop compelling content that supports your organizations’ mission and goals. Agility PR ). Location: Washington DC and online.
. – 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. Host: Harvard Business Review.
In this high-level workshop, attendees will review key contract clauses, negotiations tips and strategies on how to get to “YES” and review variables that help influence a hotels decision to accept your business. Revenue and Pricing Strategies for Virtual Events. 1 CMP credit. More info/register (fee for MPI non-members).
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. Boost Membership & Non-dues Revenue in a Virtual World with Open Communities.
From successfully converting non-member audiences into members, to your membership engagement strategy, to events and non-dues revenue, data can inform every step along the way. Use pre-meeting reviews of dashboards to identify trends and outliers and focus your discussions on actions you can take based on the insights you uncover as a team.
Sarah Gershman, Harvard Business Review ). How can you look professional on a tiny webcam for client presentations, board meetings, or performance reviews? How can you look professional on a tiny webcam for client presentations, board meetings, or performance reviews? 1 CAE credit. . Rock Your Virtual Presentations!
Start by reviewing each of your strategic goals and identifying the key metrics you can use to measure progress against those goals. And while it’s important for you to track and report on all of them, it isn’t feasible to regularly review them all. Review them in all-hands meetings and department meetings.
Each class features a live review of real association marketing collateral, along with recommendations for improvement. Discover the two primary levers that underlie growth, the critical importance of growing your reach and impact along with revenue, and how to align growth tactics to your core goals. Association AI. 1 CAE credit.
Maybe some lower-price items were highly appealing to large groups of donors, but your big-ticket items got little attention, causing your revenue strategy to fall apart. What is the auction’s revenue goal? Step 2: Review your donor data. Before you start brainstorming actual items to procure, it’s important to review your data.
Neil Pasricha, Harvard Business Review ). This session will review the essential elements of running a coalition including focus, action plans, financing and organizational best practices and tips. Tips to Extend Your Event’s Reach and Revenue. I bet you didn’t even know I was gone. James Green, Quartz ). 1 CAE credit.
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. However, Non-Dues programs have the highest potential for overall revenue production. 1 CAE credit. CAE credit.
Total dues and non-dues revenue for historical data set. You find this by reviewing your historical data set for members who were lost, or “churned.” Step 3: Calculate Expected Lifetime Revenue. Step 5: Calculate Lifetime Revenue of Membership. The closer to today, the better this data will be.
Processes, policies and traditions are all areas of concern when it comes to DEI, but this meaty read, The Manager’s Guide to Inclusive Leadership — Small Habits That Make a Big Impact from First Round Review, describes small behavioral steps leaders can take to create a more inclusive workplace. Bruce Feiler, Harvard Business Review ).
Revenue and income diversification goals that detail specific profit margin targets, projected or desired growth, and income streams you must support or add. You might incorporate shorter, cyclical planning cycles, regular strategy reviews, and frequent adaptations to your plan based on feedback and outcomes.
When our organizations are guided by end-user feedback, we’re more effective, we create more satisfied members and customers, and ideally, we increase our revenue. If they don’t find what they’re looking for, they can submit their own idea for review. If yes, they can upvote that idea and leave their thoughts in the comments section.
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