EventMobi: Association Events

OCTOBER 19, 2023

Membership recruitment campaigns are most often run by associations, clubs, and nonprofits who want to broaden their reach and power up their dues-based revenue. A budget won’t just give you healthy restraints to work within, it’ll also make sure the cost of bringing on new members doesn’t end up canceling out the influx of new dues.

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MemberClicks

MAY 25, 2023

Venues, booking vendors and speakers, ordering banners and signage, etc all cost money. Earning money from events First off, it’s important to remember that running events—although they cost you money—will actually earn you money, too. Ticket sales should help recoup some of the cost. BUT—good news!—there Know your budget.

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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. Potential sponsors are looking for year-round value at a multitude of price points.

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Membersuite

NOVEMBER 4, 2022

Temper your revenue projections. 2: Revenue Diversification. During the pandemic, many associations were caught short when they had to cancel or transform their major revenue generator —the annual meeting or trade show—and didn’t have a worthy virtual alternative for sponsors and exhibitors. 3: Membership Tiers and Pricing.

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Forj

MAY 18, 2021

On the very first episode of the new Web Courseworks podcast, Managing eLearning , Dr. Jon Aleckson & Matt Harpold introduce Dr. Michael Tatonetti , an expert in educational pricing and the founder of Pricing for Association. Associations, according to Dr. Tatonetti, often struggle with decisions on how to price their products.

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Reid All About it

MARCH 24, 2023

In this comprehensive guide to tiered and à la carte sponsorship models for in-person, virtual and hybrid events , EventMobi suggests how to price, sell and deliver sponsorships, measure ROI, and craft a post-event report for corporate partners. Non-dues revenue. Sponsorship strategy. Data-informed event planning. 1 CAE credit. . –

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MemberClicks

MAY 30, 2023

Depending on your organization’s purpose, your ideal member profile, pricing, and benefits, some membership types may make more sense than others. Let’s explore different membership organizations, pricing models, member benefits , and how to decide what membership type is right for you.

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EventMobi: Association Events

SEPTEMBER 21, 2023

It’s one of the most cost-effective ways for your organization to grow and succeed! Acquiring new members comes with upfront costs, especially those tied to marketing. Implementing even the most basic member retention strategies will not only save you money, it’ll help you increase revenue over time! Review your event budget.

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WBT Systems

FEBRUARY 6, 2018

They’re making millions of dollars in revenue, so they’re doing something right, for example, knowing how to validate an online course idea. Speaking of money, run the numbers so you know how much it will cost to develop and run a pilot program and the course itself. How much do they cost? No demand, no students.

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WBT Systems

JULY 31, 2018

Every association wants to recruit millennial members, but the cost of membership may exceed a millennial’s budget. And that’s just the cost of joining. A job board will attract millennials—and revenue too thanks to the employers who post positions. Or, give young members a discount code to use on education. Scholarships.

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Association Freak

MARCH 26, 2021

Well, if you ask association members why they choose not to renew, you’ll find that two out of three of them point to a lack of perceived value for the price they pay. Add Member Value, Don't Discount Dues Discounting dues by 50% or more may seem like a tempting option for some organizations, but it comes with risks.

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Disciple Media

FEBRUARY 6, 2024

Whether you are a coach, creator or business, starting a membership site can transform how you engage with your audience and create a recurring revenue stream. The key benefits we repeatedly hear reported are: Stable, recurring revenue: Predictable income streams provide financial stability and facilitate long-term planning.

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Fonteva

MARCH 16, 2022

In this guide, we’ll cover the following three common challenges faced by learning businesses: Decreasing Learner Engagement Low Non-Dues Revenue High Administrative Burden. Challenge: Low Non-Dues Revenue. A steady stream of additional non-dues revenue is essential for your association to thrive year over year.

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WBT Systems

FEBRUARY 21, 2017

All of these different types of training have varying costs and levels of accessibility for members to attend, yet the most infrequently offered and (usually) most expensive to attend, the association annual conference remains perennially popular among members. Display conference details and tiered pricing in LMS catalog.

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Disciple Media

AUGUST 23, 2023

Set pricing Pricing is more than just numbers. Let’s explore how to set pricing that honors your worth and meets your clients’ needs. Analyze the market Understanding the market is crucial in setting your pricing. Determine your worth Your pricing should align with the unique value you provide.

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MemberClicks

MARCH 7, 2023

Typically, they are at a number of different price points with different corresponding levels of benefits or perks. Having different levels allows members to choose the membership benefits and price they actually want. Some membership organizations only offer one membership level at one price point.

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Velvet Chainsaw

APRIL 30, 2020

I’ll never forget a blog post, entitled “ Malcolm is Wrong ,” which Seth Godin penned back then on Chris Anderson’s book Free: The Future of a Radical Price. They’re playing the long-game and offering free or significantly discounted conference offerings.

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MemberClicks

DECEMBER 19, 2023

How much does it cost to organize a trade show? During your initial stage, take into consideration these elements: Goals and objective Target audience Type of show Competitor research Budget development Marketing plan How much does it cost to organize a trade show? Find event sponsors to supplement costs.

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MemberClicks

AUGUST 1, 2023

Marketing Plan – Your marketing plan outlines quarterly goals, metrics for success, and strategies and tactics for reaching your ideal member profile and generating revenue to accomplish your goals in Step 1. Expense budget – Includes expected costs, ongoing costs and associated costs. Recruit your board.

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Association Freak

MAY 21, 2022

But unfortunately, the effects are rippling through the association world – putting downward pressure on membership, lowering advertising, royalty, and other revenue sources, and impacting the dashboard metrics of most organizations. On-demand discounts. These headwinds have been building for some time. On-demand insurance.

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Association Freak

MARCH 16, 2021

Fewer members meant weaker revenue. Their affinity products and discounts were not competitive and unpopular with members. And their subsidiary insurance agency, AMA Insurance, was also underperforming, which put even more pressure on AMA’s revenue. The American Medical Association badly needed to grow its membership.

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MemberClicks

OCTOBER 6, 2023

To offer these services, your chamber needs a steady stream of revenue, and this is where membership fees come into play. These fees are essential, helping chambers cover costs and continue their important work. Examine the pricing strategies of other chambers of commerce to gain insights into reasonable fee ranges.

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Disciple Media

NOVEMBER 1, 2023

Prepare your membership business model Crafting an effective membership business model goes beyond revenue generation—it’s about curating an experience that resonates with your target audience. Your choices set the tone for both your revenue streams and how satisfied your members will feel. Now, here’s a thought.

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Membership Marketing

MARCH 14, 2011

Pricing Your Product, Service or Membership. Sometimes pricing is an afterthought when developing a product or service or changing your membership structure. Pricing is one of the four “P’s” of marketing for a reason. For example, a quick search for a pair of sneakers shows a price range from $6.99

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Membership Marketing

DECEMBER 22, 2011

Non Dues Revenue and Affinity Programs for Members. So here is a quick list of possible non-dues revenue and affinity products that I have put together to get your thinking going. Hotel Discounts. Overnight Shipping Discounts. Rental Car Discounts. Shopping Discounts. Does Wal-Mart Announce a Price Increase?

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GrowthZone

NOVEMBER 8, 2022

We hope you will learn from these user stories and how you can grow member value, increase productivity, and boost revenue while using GrowthZone’s software solutions. ” Saundra Price Executive Director Tri-County Regional Chamber of Commerce ChamberMaster user. I cannot imagine running a Chamber without ChamberMaster.”

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Associations Now

MAY 18, 2016

The right nonmember price for association products boosts revenue, makes membership more appealing, and steers clear of antitrust concerns. Associations have to consider it every time they set prices for new products or set new prices for old ones. It’s just a number, but it’s so much more.

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Spark Consulting

MAY 5, 2014

Additionally—and this is where the behavioral data is paying off—members can buy one of three optional membership packages that offer extra benefits at a discounted rate. The cost savings are attractive to NICSA’s financially inclined members, and prepurchasing also offers a “set it and forget it” appeal.

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Association Adviser

NOVEMBER 21, 2016

Associations that publish advertiser-supported media may hesitate to continue asking for advertising dollars during an economic recession or crisis, but as Sir Martin Sorrell of WPP noted in 2009 , it often costs firms more in the long run to recover the resulting lost ground. Want proof ? During the 1949, 1954, 1958 and 1961 U.S.

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Associations Now

DECEMBER 13, 2018

Lululemon’s program, which at $128 per year costs more than Amazon Prime, will include a mixture of exclusive apparel, free access to events and onsite classes, personal development offerings, and free shipping for orders on its website. The post Why Brick-and-Mortar Retailers are Embracing Subscriptions appeared first on Associations Now.

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Associations Now

SEPTEMBER 16, 2019

But if your digital publication is reliant on ad revenue, you might want to hold off. Hard paywalls also reduce digital advertising inventory that still provides significant revenue for digital publishers,” Lindsay wrote in an article for the International News Media Association. An ad-friendly alternative.

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Membership Marketing

MAY 3, 2010

Membership Dues Pricing and Value. The last few months, I have received a number of questions related to dues increases and pricing issues for membership. We will explore some of the following topics: • Pricing Theory. • Price and Offer Testing. • Price Points. • Dues Discounts.

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MemberClicks

MAY 13, 2022

Here at MemberClicks , we serve professional associations, trade associations and chambers of commerce to equip them with the tools they need to grow their membership and revenue. Does the software offer frequent updates at no additional cost to you? Pricing and demo available upon request. Financial Management. MC Professional.

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Association Adviser

MARCH 16, 2017

Whether it’s increased awareness, reputation or revenue, it’s important to articulate your top two goals. Writing or securing some of the content and images for the new site will likely cut down on costs, but it’s important to realistically determine what you and your team will have the time, energy and resources to achieve.

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Reid All About it

JULY 21, 2017

Hotels are constantly seeking new ways to generate profits—from resort fees to room rental to service charges—so planners are being asked to pay for goods and services that were formerly complimentary or discounted. Recognize the difference between soft and hard costs. Wed 7/26 at 8:30 a.m. – 1 CMP credit. More info/register.

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Expo Logic

MAY 25, 2021

In-person events have typically been the go-to approach for organizations to generate revenue and provide learning and networking opportunities for attendees. Hybrid events offer a greater return on investment and potential cost savings. Hybrid events offer potential cost savings, too. Our world is changing. And so are events.

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Associations Now

JULY 17, 2013

How one association put its data to work to determine the true cost of serving its members—and whether its dues structure matched up. Before 2012, the price of membership at the American Society of Interior Designers was mostly based on, as Troy Adkins put it, “gut feeling.” Everybody had pieces,” Peluso says.

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