How Much Does an Event App Cost?

Socious

Each of those apps cost quite a bit of money, although how much money ranges from several thousand dollars to several million. If you’re considering creating a mobile app for your members, you’re not alone. There are roughly 2.2

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WASHINGTON  | Costs of Snowden leak still mounting 5 years later

NonProfit University Blog

Continue reading WASHINGTON | Costs of Snowden leak still mounting 5 years later at STL.News. Politics Costs of Snowden leak intelligence chiefs complain National Security Agency surveillance methods five years ago TodayNews U.S.

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Reduce Customer Support Costs the Community Way

Higher Logic

But one area communities are particularly effective in is reducing customer support costs -- Gartner found that communities reduce support costs for companies by 50 percent. Do you want to make customer support fun for your customers? And save money for your company?

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SINGAPORE  | Trump: Trudeau’s criticism will cost Canada ‘a lot of money’

NonProfit University Blog

SINGAPORE — President Donald Trump says Canadian Prime Minister Justin Trudeau “learned” from the mistake of criticizing him and it’s going to cost Canada “a lot of money.” General cost Canada G-7 Summit Money Singapore TodayNews Trudeau's criticism Trump

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Calculating the Cost to Serve a Member

Membership Marketing

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. He took the entire budget for his organization and divided it by the number of members and determined that the cost to service a member who annually paid $79 in dues was $300 ($3,000,000/10,000 members). So what is the best way to determine the cost to serve a member?

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LAS VEGAS | Union: Strike would cost top Vegas casinos over $10M a day

NonProfit University Blog

Continue reading LAS VEGAS | Union: Strike would cost top Vegas casinos over $10M a day at STL.News. Business $10M a day Caesars Entertainment Las Vegas MGM Resorts International Strike would cost top The Culinary Union TodayNews

Report: Cost-Conscious Business Travel Programs Have Hidden Costs

Associations Now

The report, based on a survey of more than 750 business travelers, makes the case that programs focused on cost over the employee’s productivity and comfort level make the business trips less effective overall.

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FRANKFURT, Germany  | Deutsche Bank to slash thousands of jobs to control costs

NonProfit University Blog

The cuts will cost the bank some 800 million euros ($935 million) this year. Continue reading FRANKFURT, Germany | Deutsche Bank to slash thousands of jobs to control costs at STL.News.

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LAS VEGAS  | Vegas casino workers to vote on strike that could cost city

NonProfit University Blog

Continue reading LAS VEGAS | Vegas casino workers to vote on strike that could cost city at STL.News. General cost city Las Vegas TodayNews Vegas casino workers vote on strike

TOKYO  | Nissan profit hit by strong yen, higher materials, R&D costs

NonProfit University Blog

’s profit fell 32 percent in the last quarter from a year earlier as a strong yen, rising raw materials costs and research expenses bit into earnings, the Japanese automaker reported Monday. Business higher materials Nissan profit hit R&D costs strong yen TodayNews Tokyo

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How Much Does It Cost to Design An Association Website?

Vanguard Tech

After “ how long will it take ” the other question we most often hear is “how much does a website design project cost?” Well, the short answer is. it depends. Just like building a new house, you can design and build a townhouse, a ranch-style rambler… or a McMansion.

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The Hidden Monetary and Environmental Cost of Invoicing

GrowthZone

Cost of handling NSF checks. The post The Hidden Monetary and Environmental Cost of Invoicing appeared first on GrowthZone. The ugly truth about traditional billing and payment processing is, well, ugly. Invoices sent via mail require more resources than you may realize.

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All Costs Considered

NonProfit University Blog

Earlier this week, NPR’ s All Things Considered did an interesting story on criminals being charged for court costs and for a public defender. Businesses – for-profit, nonprofit and government – that wish to stay in business understand that it costs money to do business.

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HBA Journey to Reduced Costs and Process Improvements

GrowthZone

She knew that a dues-based organization had to have cost-efficient systems in place in order to provide members with valuable programs and services. Laurie identified costly inefficiencies at the association, including separate systems for managing programs, accounting, and member data.

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PAHOA, Hawaii | Hawaii volcano eruption costs tourism industry millions

NonProfit University Blog

PAHOA, Hawaii (AP) — People nixing vacations to Hawaii’s Big island has cost the tourism industry millions of dollars as the top attraction, Kilauea volcano, keeps spewing lava. Continue reading PAHOA, Hawaii | Hawaii volcano eruption costs tourism industry millions at STL.News.

5 Ways to Find Low-Cost Association Conference Speakers

GrowthZone

The post 5 Ways to Find Low-Cost Association Conference Speakers appeared first on GrowthZone. When it comes to finding a conference speaker, associations work with a limited (if any) budget.

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What Is Cost to Serve?

Thanks For Playing

At its most basic level: Revenue per member – Expenses per member = Cost to serve a member Simple, right? "If If membership is $100 a year, and it costs us $60 a year to mail each member our journal, that's our cost to serve, and we bring in $40 a year in revenue per member. What does it cost to recruit and retain each member? What do all services actually cost to provide, in both direct and indirect costs? (Oh Staff costs!) And why does it matter?

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Costs in Translation

Associations Now

Can you manage meeting costs and deliver big on a small budget? Often, your venue contacts will have budget-friendly ideas, having worked with countless other groups also trying to cut costs. Also, determine which cost-saving measures will be felt by the attendee (e.g.,

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The fallacy of “sunk cost”

Effective Databse

As we all know, a sunk cost is a cost that has already been incurred and cannot be recovered. A good example of a sunk cost is the purchase of a new AMS to replace an old system. The cost is sunk. The sunk cost fallacy is the belief that once the money is spent, there is no going back; one must continue down the road you’re on, because after all, if you change directions now, all that money would be wasted. But sunk costs are just that; sunk.

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Open Source LMS: Hidden Costs for Associations

WBT Systems

At first glance, open source LMS may seem to have certain advantages over a commercial, purpose-built association LMS – no upfront licensing costs, full control over how the system can be customized, etc. Hidden Costs of an Open Source LMS.

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How User Groups Defer Customer Support Costs While Creating Raving Fans

Higher Logic

5 Ways User Groups Cut Customer Service Costs and Increase Satisfaction. User groups help your business save money by providing cost-effective self-service tools and better customer support overall. These costs are well worth the investment.

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How Much Does an Association Management System Really Cost?

Aptify

If your organization is in the market for a new Association Management System (AMS), or if you’re comparing different membership software systems, the first question you’re asking is, “ How much does it cost? ”. There’s not a lot of information out there about this; I’m sure you’ve noticed that most vendors will want to set up a call with you before they give you any substantial information. The main reason for this is that the answer isn’t cut and dry. It depends. Association Management

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The Hidden Costs of Inefficiency

Associations Now

When you’re losing a nickel here or a dime there, it doesn’t seem like a lot … until you do the math and realize it’s costing you a pretty penny. If you spend $20 on a new card, for example, the cost breaks down like so: $19 goes on your card. At a cost of $2.50

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FRANKFURT, Germany | Direct costs of Daimler diesel recall in Europe limited

NonProfit University Blog

FRANKFURT, Germany (AP) — Automaker Daimler’s recall and software fixes for 774,000 Mercedes-Benz cars and vans in Europe will likely cost close to or more than 100 million euros ($118 million.).

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The Hidden Business Costs of a Cyberattack

Associations Now

For instance, if a cyberattack occurred, there would be costs associated with conducting a cybercrime investigation, making improvements to cybersecurity systems, and paying attorneys. But some costs might be under an association’s radar, and these could be even more monetarily devastating.

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Delivering Super Low-Cost Exceptional Member Experiences

Smooth The Path

The post Delivering Super Low-Cost Exceptional Member Experiences appeared first on Smooth The Path. In many situations, customers have very low expectations. It is amazing how many businesses don’t think about customer service.

25 (Cost-Effective) Ways to Thank Your Volunteers

MembersClicks

As an association professional, you understand the importance of volunteers. They’re the ones that help your association function. They help out with events, administrative tasks, strategy on occasion - the list goes on and on. Simply put, they do a lot - and they deserve to be thanked!

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HB2 Costing North Carolina Business, Convention Bureaus Warn

Associations Now

The decision by the group to move its meeting to Baltimore costs North Carolina an event that was anticipated to bring 1,000 people to the state and more than $1.7 Combined, says the Greater Raleigh Convention and Visitors Bureau, the passage of HB2 has cost the area $3.1

Are hidden fees costing your members?

SCD Group

A Wall Street Journal story (7/23/16) about hidden fees inflating home price s got me to thinking about the hidden fees in the cost members pay to participate in your event. that scale up your costs.

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4 Common Website Problems that Cost You Members and Revenue

Wild Apricot Blog

If you're not growing your membership or generating the kind of revenue you want, your website could be a major culprit. In fact, most membership organizations suffer from at least one major website problem. The good news is, fixing these website issues is probably a lot easier than you might think. design website builder Abourahma Lamees

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Low-Cost (& Free) Ways to Improve Staff Morale

GrowthZone

Try keeping morale up with these free or low-cost ideas: Free coffee is the norm for offices these days. Get even more low-cost (and no cost) proven ideas. The post Low-Cost (& Free) Ways to Improve Staff Morale appeared first on GrowthZone.

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Study: Business Travel and Its Costs Are on the Rise

Associations Now

Will higher costs slow down business travelers? The post Study: Business Travel and Its Costs Are on the Rise appeared first on Associations Now Forecasts from a New York University professor predict record increases in both room rates and hotel real estate.

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How to Save on Food and Beverage Costs at Your Next Meeting

Associations Now

” At this point, you already know the cost-cutting basics : Plan the menu well in advance, control portion sizes (e.g., So if you are looking to further pare food and beverage costs, it might be time to get creative—and flexible. This will be lowest-cost lunch option.

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The Cost of a Neglectful Board

Associations Now

It may be that the nonprofit world obsesses too much about overhead costs as a measure of success, but DVNF was disastrously mismanaged no matter how you look at it. The post The Cost of a Neglectful Board appeared first on Associations Now

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HB2 Costing North Carolina Billions in Lost Business, Says AP Report

Associations Now

The Associated Press this week reported that the controversial law, which prevents local governments from passing LGBT protections, will cost North Carolina at least $3.76 Now, a new report from the Associated Press estimates that HB2 will cost North Carolina more than $3.76

California’s Nut Producers Have a Costly Problem: Organized Crime

Associations Now

The post California’s Nut Producers Have a Costly Problem: Organized Crime appeared first on Associations Now 40K The weight, in pounds, of the truck shipment recently stolen from a California nut producer. The nuts were worth nearly half a million dollars.

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Pharmacists: The Missing Link to More Cost-Effective Healthcare?

Associations Now

The recently published report from the National Governors Association reaffirms what has been shown [in] research and in practice: When pharmacists are included on the healthcare team, outcomes improve and costs go down,” said NASPA Director of Policy and State Relations Krystalyn K.

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5 Options for Low-cost Event Publicity

Wild Apricot Blog

Here are some ideas for low-cost event publicity - as requested in our blog reader survey. By focusing on media relations, event calendars, your website, email and social media, even organizations with limited resources can promote events with little or no cost.( read more ). Associations event management event registration events membership nonprofit non-profit nptech public relations publicity

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Credit card fees are a cost of doing business

Effective Databse

The simple fact is, credit card fees are a cost of doing business. So either you can raise your prices by 3% to 5% to cover the costs, or you can just “eat” the expense as one more bit of overhead. Over the years, and even recently, I’ve had clients tell me they want to discourage their members and customers from paying with a credit card, because of the transaction fees (typically between 3% and 5%).

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Sunk Costs, Marginal Costs and Economics - BlogClump

BlogClump

Sunk Costs, Marginal Costs and Economics. Two of these are cost related. Here are some basic definitions from The Economist website : Sunk Costs - When what is done cannot be undone. Sunk costs are costs that have been incurred and cannot be reversed, for example, spending on ADVERTISING or researching a product idea. If potential entrants would have to incur similar costs, which would not be recoverable if the entry failed, they may be scared off.

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