Monday, June 3, 2019

Contacts of Quality, Not Just Quantity

I lead a trade association. That means that our members are technically companies, not people; but, of course, the companies in question are made up of people, and we work hard to maintain good contacts and communications with those people.

A common objective for trade associations is to grow the number of contacts that they have at each of their member companies. Frequently, even though the decision to join or renew membership in the association rests with one individual, it is seen as advantageous to have a number of other "champions" within the company who find value in the association's programs and services. In making her decision, the boss may very well ask around her organization. "Is anyone getting any benefit from this expensive dues payment we make every year?" If the answer is yes, the boss is much more likely to keep writing those checks.

In this spirit we recently did an inventory of the contacts in our member database. We typically classify our contacts based on the role that they play in their company -- for example, are they an Executive? a Marketing Professional? an Engineer? a Human Resource Professional? And in our first pass we focused almost exclusively on quantities. How many contacts do we have? How many in each category? How many per company? How many in each category per company?

It was a good first dive into the subject, but the quantitative focus immediately revealed some weaknesses. For many companies, we have almost an overabundance of contacts in our database. Names and emails no one in my staff organization is familiar with. Some of them dating back years and years.

My initial reaction was that we need to inventory the quality of our contacts as well as the quantity. For how many companies, for example, can we say we have a solid Executive, Marketing, Engineering, and Human Resource contact? Solid as in someone on staff can put a face with a name and that they participate in some activity of our association?

Whatever that number is, working to increase that -- rather than just the raw number of contacts per company in the database -- seems much more likely to pay dividends when it comes to our member retention and engagement objectives.

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This post first appeared on Eric Lanke's blog, an association executive and author. You can follow him on Twitter @ericlanke or contact him at eric.lanke@gmail.com.

Image Source
https://www.istockphoto.com/photo/happy-business-people-shaking-hands-after-reaching-an-agreement-gm958662444-261768839



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