Nonprofits That Stray Off Course

Reid All About it

A press release from the American Beverage Institute (ABI) , admittedly a biased onlooker, provides some ugly numbers – a decline in revenue and spending on community programs, while salaries increased. An organization loses its way, goes off course and what does it get? “D” This week I read about a nonprofit accused of losing sight of its mission and those it serves. The story reminded me of another nonprofit I read about months ago in similar straits.

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3 Ways Online Communities Help Software Companies Drive Revenue

Higher Logic

The business case for these buyers will show the potential increase in revenue from retention, upsell, and cross-sell opportunities. How does each one of these drive more revenue? Of course, your Account Managers will know when the right time to reach out is and will be better informed on how to address that customer’s needs. This type of engagement will drive loyalty and retention, thus, revenue. Of course, you do also have to deal with that feedback.

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Did You Know? Associations Plan to Rake in More Revenue from Publications, Events and Continuing Ed

Association Adviser

Non-dues revenue is often an essential component of an association’s operating budget, allowing staff to produce high-caliber member communications, events and continuing education programs. Symbiotically, those same operational areas are where association professionals report they want to focus on earning more non-dues revenue this year. Associations can earn revenue from supplier members wanting to place press releases or product reviews in member communications.

With New Education Program, Group Looks to Serve All Member Segments

Associations Now

The Sport Tourism Learning Institute more completely represents our thinking for the new paradigm that positions the leading trade association, NASC, as the premiere education provider for the sport tourism industry in the United States,” NASC President and CEO Al Kidd said in a press release. “We W]e want to develop our programs so that our members may get a benefit from a cost standpoint to take the courses, but we want to be able to offer courses to anyone, anywhere.”.

Associations Make Back to School Healthy, Safe, and Easy

Associations Now

By connecting schools with the NutriStudents K-12 management system, the partnership encourages schools to keep internal control over their food programs as well as helps them comply with federal nutrition guidelines, reduce costs and increase revenue for the school, and use staff time more efficiently. Domenech said in a press release. As part of their mission, associations often find ways to give back to their communities.

The Fantasy Sports Industry Is Still Growing—Despite the Extra Regulations

Associations Now

According to a June press release from the Fantasy Sports Trade Association, it generates $7.22 billion in revenue annually and counts 59.3 “The fantasy sports industry’s continuing growth demonstrates consumers’ passion for the hobby and their desire to play with friends and family,” Charchian said in the release. The fantasy sports space continues to grow, despite the expansion of regulations on the sector at the state level.

Tech-Enabled Learning Events: What’s Now and Next?

Associations Now

The findings may help make the case for tweaking your association’s technology-enabled learning strategy, particularly if you can increase your organization’s nondues revenue. The survey asked respondents using technology for learning about five emerging learning formats: massive open online courses (MOOCs), flipped classes, gamified learning, digital badges , and microlearning. virtual coaching with an instructor as follow-up to a formal online course.

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New Navigation Tools Boost Attendee Experience

Associations Now

We think the association could recuperate its costs at the very least, and quite possibly add positive revenue. And of course, with friendly reminders to stop chatting and get to the next session,” said HFTP CEO Frank Wolfe, CAE, in a press release. “We think the association could recuperate its costs at the very least, and quite possibly add positive revenue,” he told Meetings and Conventions.

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Association Brain Food Weekly: 6.8.18

Reid All About it

Associations excel at engaging members deeply over the course of two or three days, once a year, hosting meetings and providing extensive educational programming. Blog or press release? More importantly, how can you fill this hole of tens of thousands (or hundreds of thousands) of dollars in the revenue budget?