article thumbnail

Online Communities in 2020: 28 Key Facts + Statistics to Know

Higher Logic

Every year, The Community Roundtable releases the State of Community Management Report. It’s always filled with insightful analysis on how online communities, both internal and external, are making a difference. External communities elevate the customer experience. Communications efficiency (49%). Revenue growth.

Analysis 272
article thumbnail

What Associations Can Learn from ASAE’s 2020 Virtual Annual Meeting & Expo

Protech

Transforming Association Revenue Models . T he traditional revenue model for associations – one that primarily relied on an annual meeting or conference to support their operational budget – is no longer sustainable. Virtual events, and the data analytics that come with it, are changing that for the better. .

Revenue 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Risk, Revenue Recognition and Recovery

Velvet Chainsaw

One of our early — and still applicable — recommendations was for conference organizers to communicate and publish the date when they expect to make the decision for their in-person conference. Over the summer and the fall of 2020, most organizations were able to make decisions six months out without incurring liability.

Revenue 98
article thumbnail

10 Association Communications Stats with Tips to Reach Younger Members More Effectively

Higher Logic

A cheer for 2020: ?? Delivered to their inboxes, online community dashboards, and everywhere they consume content.]. ?? Here’s what we know : Recent data shows associations are increasingly struggling to engage young professionals, effectively utilize technology to cut through the clutter, and clearly communicate membership value.

article thumbnail

A Look Back at 2020

SBI

Considering all of the challenges and hardship that came in 2020, you might question our decision to want to look back on it. Now, 2020 is over and we can exhale a small sigh of relief. As the largest revenue-generating program for IOA, canceling courses resulted in a significant loss of funds. We are so proud of them!

article thumbnail

GrowthZone Congratulates 2022 ACCE Communication Award of Excellence Winners

GrowthZone

According to the ACCE website, ACCE’s Awards for Communications Excellence program is designed to showcase the top communications and marketing work of chambers of commerce and similar organizations. Our chamber is small (500 members [and no dedicated communications department!]) Award of Excellence Winners. ” Website.

article thumbnail

Innovation and Communication Cited as Priorities for Associations

GrowthZone

We handle the marketing and communication, so it’s a high ROI for the businesses and members.” Communication about why members should rely on the associations and strategic planning for membership needs were also top activities cited as helping associations overcome the challenges of 2020.