MemberClicks

JULY 20, 2023

The backbone of your association’s revenue is traditionally based on membership dues. The need to develop revenue options beyond that core model is increasing and associations are looking for new ways to build non-dues revenue. That’s revenue outside of your membership dues. Your members will also be happier!

Revenue 52

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Higher Logic

JULY 10, 2019

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. Defining Net Negative Churn (+ How It Relates to Revenue). This is where net negative churn comes in. Next steps?

Revenue 184

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MemberClicks

SEPTEMBER 29, 2022

and relying on a single revenue stream is too risky. This is where non-dues revenue comes into play. By generating non-dues revenue, you can: Grow your association’s revenue Avoid implementing higher membership dues Diversify your revenue streams. What is Non-Dues Revenue? But remember: no size fits all.

Revenue 98

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ISAE

SEPTEMBER 14, 2023

Growing Your Association’s Non-Dues Revenue: The Basics The idea that all or most of your association’s revenue should come from membership dues is an outdated, inaccurate assumption. According to ASAE, dues made up only 30% of total revenue for professional associations in 2016, a steep drop from 95.7%

Revenue 52

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Protech

OCTOBER 13, 2020

We’ve seen reductions in revenue from all sources, including giving, grants, services, and events. To ensure financial resilience, associations are taking quick, decisive and creative actions to expand outside their traditional revenue streams. They offer rich, high-quality information that: Isn’t available elsewhere.

Revenue 98

Revenue Content Certificate Cost 98

MemberClicks

DECEMBER 14, 2023

Exclusive content and experiences are an important part of your organization’s offerings, as well as an effective way to generate non-dues revenue. They need to be approached like a business with a revenue model, marketing plan, goals and metrics for success, and the right tools. Examples include WordPress and Wix.

Revenue 52

Revenue How To Software Press Release 52

Association Analytics

APRIL 4, 2022

The data that you gathered from these events is a valuable asset to help inform your decision. Tip #3: Find new revenue opportunities. You can still generate revenue but the audience doesn’t pay to attend. Don’t forget to look at costs. Consider both hard and hidden costs when evaluating your events.

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AssociationChat

MARCH 29, 2021

So they wrote off the sunk cost and invested their remaining budget in making their unique standards content more widely available to their members and beyond, bolstering ecommerce sales in the process. The ecommerce sales ended up paying for the sunk cost, and the organization and their legacy AMS are now on a second honeymoon.

Revenue 83

Revenue Colorado System Certificate 83

NXUnite

MARCH 25, 2024

This table is a directory of your nonprofit’s financial records, helping you organize important information about your finances. Revenue , which consists of any funding your organization receives through its various income sources. Fill in the account information. Liabilities , which include everything your nonprofit owes.

Revenue 130

Revenue Directory Examples System 130

Nimble AMS

DECEMBER 21, 2020

Convenience is key to a great experience and key to your future revenue. Here are 5 ways you can boost your association’s revenue in 2021. Installment payments keep your revenue incoming, while your members have easier options to engage with your association. Remove the cost barrier. Predictable revenue stream.

Revenue 78

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Reid All About it

APRIL 12, 2024

They also tell the stories of two association executives who generated more revenue after changing their approach to sponsorship. We will share best practices and help each other with financial information. Learn which settings to adjust for privacy and security, and understand what information is safe to input into AI tools.

Revenue 256

Revenue Strategy Price Newsletter 256

NXUnite

OCTOBER 6, 2023

Use the results of your surveys and informal conversations with your audience to see what option is the most appealing (and they’re most likely to support with their participation). Tip 2: Incorporate Revenue-Boost Elements Think about how you’ll generate revenue from your event. Make a list of event costs.

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Higher Logic

DECEMBER 20, 2018

With the cost to build software going down, the barrier to entry is much lower. The business case for these buyers will show the potential increase in revenue from retention, upsell, and cross-sell opportunities. How does each one of these drive more revenue? In a sea of growing competition, it pays to focus on your customers.

Software 159

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Associations Now

AUGUST 15, 2018

There are a number of steps associations experiencing revenue shortfalls can take to reduce the damage. Whether it’s failing to meet membership goals or advertising projections, it’s not so much if an association will experience a revenue loss, but when an association will experience a revenue loss.

Revenue 67

Revenue How To Cost Project 67

Association Success

SEPTEMBER 5, 2019

When it comes to non-dues sources of revenue, not all are worth the time, energy and effort. Organization leaders need to understand the total value of the revenue source, which means more than the return on investment; it also means looking at how much mission impact is perceived to be achieved by board members, staff, and members. .

Revenue 99

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Reid All About it

APRIL 5, 2024

Carolyn Shomali of Professionals for Association Revenue explains what associations can learn about audience engagement from the most popular podcasts today. In a recent survey in fact, over 80% of associations said that they are making non-dues revenue a top priority. Seems like a good place to start. Lessons from the podcast world.

Revenue 256

Revenue Price Denver Tools 256

YourMembership

APRIL 17, 2012

But knowing what you want to sell from a dollar/revenue standpoint is not the same thing as developing the strategy behind it. If I decide I want to go on a cruise around the world next March, knowing how much it will cost is only part of figuring out how I will get there. Think of the cost of the trip as your sales goal.

Revenue 150

Revenue Strategy Software Membership Management 150

NXUnite

NOVEMBER 21, 2023

These resources provide nonprofit professionals, such as yourself, with a lower-cost way to develop their skills and grow professionally. Blog posts are a top educational resource because they serve as a first stop for professionals seeking more information about specific nonprofit topics. Cost-effective. Wide range of topics.

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Membership Marketing

FEBRUARY 7, 2018

One of the questions that I am frequently asked is how to calculate membership servicing costs. Here is a real life story on how NOT to calculate the cost to serve a member. But in all seriousness, when an organization assigns too much cost to serving a member, the calculation can kill a membership program.

Cost 49

Cost Revenue Analysis Recruiting 49

Reid All About it

JANUARY 19, 2024

The Informal Consultants Networking Extravaganza An informal online networking event for the ASAE consultant community. Building Your 2024 Video Strategy: A Guide for Associations To acquire and retain your membership and drive non-dues revenue, you need to include member-driven video in your strategy. Fri 1/19 at 3 p.m. –

Revenue 256

Revenue Strategy Member Engagement United States 256

GrowthZone

APRIL 23, 2019

Payment information automatically updates your database. The post 10 Ways E-Billing Increases Efficiency and Lowers Costs appeared first on GrowthZone. For Associations: SAVES TIME & MONEY. No need to mail invoices, process individual payments, and cash checks. Members love it. More predictable business planning. AUTOMATION.

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Cost eBook System Process 113

Reid All About it

SEPTEMBER 29, 2023

After an informative discussion in ASAE Collaborate, TopClass LMS was inspired to introduce the Open Space event format to those who can’t access the forum. 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.” 1 CAE credit.

Revenue 272

Revenue Innovation Education Tools 272

Association Analytics

DECEMBER 15, 2022

But are you truly leveraging that information? Are you using it to increase revenue and lower costs per renewal? By looking at retention data from different views, you can really start to test some of your assumptions, make more informed decisions, and take action. Retention rates aren’t one dimensional.

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Association Adviser

OCTOBER 15, 2018

Most of us know that membership software is designed to make association processes easier and more automated, but did you know that your AMS could earn your association essential non-dues revenue? Let’s take a look at some of the options for turning your existing database and website into a finely-tuned engine for driving revenue.

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Higher Logic

OCTOBER 10, 2017

Eighty percent of your future revenue will come from 20 percent of your existing customers , according to Gartner. Unfortunately, getting customers to buy more has always been a challenge – that’spart of why only 20 percent of customers will make up the majority of your future revenue. Low Product Awareness.

Revenue 159

Revenue Price Products Library 159

Association Success

DECEMBER 15, 2020

Work with your team to gather this information, which may include IT data, financial data, and employment data. Total dues and non-dues revenue for historical data set. Total cost to service a member over historical data period. Step 2: Find the Average Cost Per Member. Step 3: Calculate Expected Lifetime Revenue.

Discount 147

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YourMembership

MAY 2, 2017

How one association went from a low-cost email marketing program to a more efficient process and better data quality to streamline membership renewal campaigns. Veterinary Hospital Managers Association (VHMA) provides veterinary management professionals ongoing education, certifications, and networking opportunities.

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YourMembership

MARCH 20, 2012

Improving the Bottom Line with Non-Dues Revenue. While I’m not going to weigh in on either side (that is a decision best made by individual associations on a per case basis), what does become even more important is alternate forms of non-dues revenue. Buyer’s guides are also a popular way to increase non-dues revenue.

Revenue 150

Revenue Directory Price Software 150

Reid All About it

APRIL 19, 2024

The Informal Consultants Networking Extravaganza This monthly networking meeting is by consultants, for consultants. Networking Discussion: Best Practices for Diversifying Revenue Join your Fridays@4 colleagues for an open discussion about your best practices or challenges in diversifying revenue. More info/register.

Newsletter 250

Newsletter Content Social Media Education 250

GrowthZone

MAY 2, 2023

The primary goal of best-in-class AMS is to help business, trade, and professional associations and chambers of commerce grow revenue, productivity, and member value. Association Management Tools for Revenue Generation Patience is a virtue – except when it comes to increasing revenue. COSTS A written cost proposal is a must.

Tools 78

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Forj

APRIL 22, 2021

Are you creating new eLearning courses to provide value to members and bring in revenue for your association’s learning business? But, pricing them too low will prevent your team from making any meaningful revenue. Creation Costs: What is the cost of online course development? Where is the middle ground? Developers.

Price 172

Price Course LMS Discount 172

Reid All About it

OCTOBER 6, 2023

Competing against niche professional organizations, membership and conference revenue has “slowed to a trickle.” McGovern, MPP, CAE Natasha Bethea Goodwin MS, CAE (moderator), Senior Director of Marketing and Membership, Information Technology Industry Council Mon 10/9 at 8 a.m. Hear how to reduce costs across your events program.

Revenue 256

Revenue Certificate Tools Innovation 256

NXUnite

OCTOBER 19, 2023

Research shows that e-commerce sales generated more than $856 billion in revenue in 2022, and approximately 2.64 They mean that, in your search for innovative fundraising strategies to engage your organization’s supporters and boost your revenue generation, you should consider tapping into the power of online shopping!

Revenue 130

Revenue Email Marketing Social Media Marketing 130

Reid All About it

FEBRUARY 2, 2024

They explain how to develop a content strategy, know when it’s time for a redesign, decrease costs and increase revenue. GrowthZone’s guide to selecting a credit card processor is perfect for those of you who need to understand the players and their roles, terminology, fees, rates, hard and soft costs, and security issues.

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NXUnite

JANUARY 9, 2024

Unfortunately, these are problems that can lead to losses in potential fundraising revenue, and finding the right strategies to address these issues can feel like guesswork. When a donor donates to your read-a-thon, you’ll know: Their first and last name Contact information, such as an email address Their preferred payment method (e.g.,

Software 130

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Association Success

MAY 20, 2020

Even while logging in from home, your audience should be receiving similar, if not the same, information as they would in person. Taking in all the parts and pieces required to produce your event, and determining the cost, can give you a basis for your pricing. Are your speakers volunteering their time or speaking at a cost? .

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Price Revenue Cost Discount 158

Association Adviser

OCTOBER 25, 2017

Non-dues revenue supports associations’ missions in so many ways: Providing exceptional training and education for members, financing lobbying efforts, keeping membership dues affordable, and offsetting the costs of your communication program, to name a few. John Bacon, Naylor Association Solutions.

Revenue 78

Revenue eBook Tips Team 78