Velvet Chainsaw

MARCH 15, 2021

But these forward-thinking organizers agree on one thing: Now is not the time to play it safe. Planners must help their organizations move forward with creative ideas and innovations for their live events. Association Boards and CEOs have high expectations of event teams to deliver on their organizations pressing priorities.

Cost 106

Cost Revenue Team Innovation 106

Spark Consulting

FEBRUARY 7, 2019

What dues rates will maximize both revenue and participation? The low-fi way to answer this is to benchmark against some comparable membership organizations, to see if what you’re offering (by way of benefits) and charging (by way of dues) is within, below, or above the general market. That’s a good one!

Revenue 150

Revenue Price Cost Project 150

Associations Now

NOVEMBER 30, 2023

Nondues revenue can be crucial for an association’s financial stability. Accounting for a substantial portion of many organizations’ budgets, it covers operational costs, staff salaries, and program expenses. Without nondues revenue, associations could face difficult decisions.

Revenue 64

Revenue Survey Member Engagement Resources 64

YourMembership

NOVEMBER 6, 2012

Categories: Member Engagement + Retention , Membership Management , YourMembership.com News Tags: cost savings , member community , member rewards , membership , non-dues revenue , value Looking for a source of non-dues revenue for your membership organization? YourMembership.com has one for you and your members.

Revenue 150

Revenue Organization Membership Management Cost 150

Nimble AMS

SEPTEMBER 8, 2022

Five Salesforce Clouds to consider using at your organization. According to Salesforce Customer Success Metrics , organizations that adopt Marketing Cloud report a 27% decrease in costs to acquire new constituents. Is your organization hoping to boost productivity, generate leads, and increase revenue? Sales Cloud.

Organization 121

Organization Massachusetts Revenue Survey 121

Thanks For Playing

NOVEMBER 20, 2012

Every membership organization faces this sooner or later, and the answer, while simple, is not easy. At its most basic level: Revenue per member – Expenses per member = Cost to serve a member Simple, right? "If How much revenue does each member actually contribute to the organization? (Do Staff costs!)

Cost 150

Cost Revenue Price Recruiting 150

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

Revenue How To Conference Maine 52

Aptify

JANUARY 21, 2022

Here is some association trends data that can help point the way for your organization to better serve your members in uncertain times. . Here are five ideas from the association trends study to help prepare your organization for the future: 1. The organization was providing little value. Provide greater member value.

Organization 138

Organization Certificate LMS Membership Management 138

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. These keyword-dense pages amplify the SEO gravity of your site and increase organic traffic.

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. Job boards provide valuable opportunities for organizations. They improve member experience , expand your network, boost organization credibility and more.

Revenue 52

Revenue How To Software Press Release 52

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

Association Freak

MARCH 16, 2021

Can An Association Multiply Non-Dues Revenue Ten Times In Three Years? As a result, they sought new non-dues revenue ideas and more diverse sources of revenue for the enterprise. How We Grow Non-Dues Revenue. It is a 501(c)(6) that operates alongside the C3 membership organization. Reading Time: 3 minutes.

Revenue 72

Revenue Industry Innovation Process 72

NXUnite

MARCH 25, 2024

Between the limitations of restricted funds and the need to continue fueling charitable missions, your nonprofit must keep organized data for a successful approach to accounting. A foundational tool for keeping organized finances is the nonprofit chart of accounts (COA), which is a resource that records your organization’s financial activity.

Revenue 130

Revenue Directory Examples System 130

GrowthZone

MARCH 7, 2019

Associations are constantly challenged to increase non-dues revenue. Your association’s website is an ultra-efficient way to set up non-dues revenue programs and strategies with minimal effort and maintenance. Digital versions of your directory allow you to save on printing costs and lets you do frequent updates. Click To Tweet.

Revenue 87

Revenue Directory Cost Technology 87

Association Analytics

APRIL 4, 2022

Leveraging analytics will help you identify if there is value in continuing hybrid or online events for your organization. The pandemic gave organizations an opportunity to execute these abnormal events. Tip #3: Find new revenue opportunities. You can still generate revenue but the audience doesn’t pay to attend.

Cost 321

Cost Revenue Tips Content 321

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

Reid All About it

APRIL 5, 2024

They’re looking for a 501(c)(3) organization whose powerful mission could impact more people more deeply if it had marketing and branding help. Carolyn Shomali of Professionals for Association Revenue explains what associations can learn about audience engagement from the most popular podcasts today. Seems like a good place to start.

Revenue 256

Revenue Price Denver Tools 256

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

Revenue How To Michigan Directory 99

Association Success

SEPTEMBER 19, 2019

Determining the best ways to effectively communicate with members, drive engagement and grow non-dues revenue is a constant focus for associations. . Look at the impact of your communication channels through readership analysis, operational cost and revenue generation to determine which are successful. Look at what’s trending.

Revenue 93

Revenue Communications Analysis Products 93

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. Recession-Proofing Your Organization Many leaders are feeling the challenge of steering their ship through recession, inflation, and economic uncertainty. by Tony Rossell, Marketing General Inc.

Revenue 256

Revenue Strategy Price Newsletter 256

Velvet Chainsaw

FEBRUARY 25, 2021

We recently convened a roundtable of senior-level conference organizers to discuss risk tolerance and the forces that are shaping their 2021/22 event strategies and decisions. Three primary risk categories are emerging as organizations weigh their options for major conferences in 2021: Mitigating financial risk. Hybrid is costly.

Organization 117

Organization Revenue Communications Report 117

Higher Logic

DECEMBER 20, 2018

With the cost to build software going down, the barrier to entry is much lower. This is also why marketing, customer success, and sales organizations are investing in online communities to grow customer lifetime value. How does each one of these drive more revenue? Thus, more competition exists. Let’s explore. #1:

Software 159

Software Revenue Communications Team 159

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

NXUnite

OCTOBER 6, 2023

Tip 2: Incorporate Revenue-Boost Elements Think about how you’ll generate revenue from your event. Participant registration fees, spectator tickets, sponsorships, and donation appeals are common, base revenue sources, but you’ll want to think broader and find other ways to boost fundraising. Make a list of event costs.

Tips 130

Tips Revenue Cost Software 130

Associations Now

OCTOBER 18, 2019

Falling behind on your tech needs slows down your organizational machine and can cost you plenty. Depending on how you manage your tech strategy, your organization may be a technology leader or a laggard. Meanwhile, departments that work in silos prevent you from reaping the benefits of innovation throughout your organization.

Cost 70

Cost Software Technology System 70

Velvet Chainsaw

MARCH 15, 2023

The truth is that most of the data points and recovery opinions are coming from the supplier — not the organizer — side of our industry. Unless you plan events for a booming industry, your reality working for professional and trade associations is that revenue from your 2022 and 2023 meetings is 15 percent (or more) lower than 2019.

Event Planning 98

Event Planning Cost Revenue Conference 98

Reid All About it

JANUARY 19, 2024

Fri 1/19 at 1 p.m.* – The Power of Federated Search: Supercharge Member Engagement Many organizations are not feeling confident in their approach to distributing content and, as a result, are finding it increasingly more difficult to capture the attention of their members and create engagement online. . – More info/register.

Revenue 256

Revenue Strategy Member Engagement United States 256

Reid All About it

OCTOBER 6, 2023

Competing against niche professional organizations, membership and conference revenue has “slowed to a trickle.” The organization’s outgoing treasurer describes the financial situation as “dire.” Host: Professionals for Association Revenue Wed 10/11 at 11 a.m. Association deathwatch. CMP credit. More info/register.

Revenue 256

Revenue Certificate Tools Innovation 256

GrowthZone

APRIL 23, 2019

Learn more about GrowthZone Pay, designed exclusively for member-based organizations. The post 10 Ways E-Billing Increases Efficiency and Lowers Costs appeared first on GrowthZone. An electronic billing system that integrates with an AMS provides a painless, paper-free accounting system.

Cost 113

Cost eBook System Process 113

YourMembership

MARCH 13, 2014

As associations take on the pressures of the economy and increasing member demands, it becomes vital to identify and implement non-dues revenue opportunities to help ensure financial health. Many associations already use a variety of programs to generate non-dues revenue, among the most common being: Annual Sponsorships.

Revenue 150

Revenue Software Newsletter Certificate 150

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

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

Velvet Chainsaw

OCTOBER 26, 2023

The bad news is that full year performance for 2023 participation and revenues is expected to be 9.5% Whether your results are better or worse than the CEIR index, I think it is a helpful top-line metric for benchmarking and sharing with your organization’s leadership. below 2019. One can only hope!)

Revenue 106

Revenue Cost Innovation Price 106

Association Success

DECEMBER 15, 2020

Total dues and non-dues revenue for historical data set. Total cost to service a member over historical data period. This includes salary and cost of membership departments, publication, and marketing and promotional advertising costs. Step 2: Find the Average Cost Per Member.

Discount 147

Discount Revenue Cost Resources 147

Reid All About it

APRIL 19, 2024

His observations are especially useful for consultants, but anyone who runs a team, department, or organization will find valuable advice here. This meeting is self-organized by the consultant community, not an official ASAE event (meaning an event organized by ASAE staff). Congratulations, Dean! Co-mentors. More info/register.

Newsletter 250

Newsletter Content Social Media Education 250

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.

Certificate 266

Certificate Denver South Carolina Project 266

Reid All About it

SEPTEMBER 15, 2023

If you feel like you’ve been seeing more press about microcredentials lately, it’s because researchers see growing support from employers and learners, and higher education sees the potential for revenue and renewed relevance. Get a better understanding of when it’s time to build, refresh, or sunset programs to support revenue growth.

LMS 256

LMS Revenue Arlington Education 256