Velvet Chainsaw

DECEMBER 11, 2019

If your conference is like most, sponsorship revenue is underperforming. There are two benchmarks we like to use to identify healthy conference revenue business models: Industry revenue — 30 percent or more of a conference’s total revenue should come from the combination of sponsor, exhibit and advertising revenue.

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Revenue How To Discount Price 72

Membersuite

AUGUST 5, 2022

Don’t assume the membership tiers and pricing that always worked will continue to work for everyone. Become an inclusive association by having membership tiers that offer something valuable for everyone in your target audience at a price they can afford. Dues determined by the member’s organization revenue.

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Price Discount Revenue Examples 136

MemberClicks

AUGUST 4, 2022

How do you strike a balance between ensuring that enough revenue comes in to cover all your operation costs, and charging your members a fair price for the value they’re receiving? How do you increase your membership dues prices? Membership dues are the biggest provider of revenue for organizations. Why do they matter?

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Price Discount Revenue Tips 96

Membersuite

SEPTEMBER 10, 2022

In my last post, I suggested creating a flexible membership model with a range of tiers and pricing that appeal to the different segments of your target audience. Early-career professional: dues are discounted for a limited number of years or until the member reaches a certain age or career milestone. Membership Tier Possibilities .

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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. If your organization sells any products or merchandise, you can also offer limited-time discounts to drive membership.

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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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Revenue Directory Price Software 150

WBT Systems

OCTOBER 25, 2016

When pricing your association’s training offerings, it is important to assess their value, and then price accordingly. Assuming the former, it’s important that you revise and re-set course pricing on a regular basis particularly at the start of a new venture into online learning. appeared first on WBT Systems.

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Price Course Discount Cost 150

Blue Sky eLearn

DECEMBER 28, 2018

How vital is non-dues revenue for your association? In 1953, more than 95% of revenue for professional associations came from membership dues. Over the last few decades, the biggest driver of non-dues revenue has been technological advancements. Coupons and discount codes. For many, it is quite substantial.

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Content LMS Class Course 200

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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Blue Sky eLearn

NOVEMBER 16, 2017

Those who did not pay for the live event can receive the recording at the same or discounted rate. We sometimes see clients offer a slight discount due to the fact that those watching the recording will not have the option to ask the speaker questions, participate in live polls, etc. Why would someone pay for your webinar?

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.orgCommunity

JULY 18, 2019

Associations have traditionally used membership “as an excuse to sell more stuff at discounted prices to members,” said Garth Jordan , senior vice president of corporate strategy at the Healthcare Financial Management Association (HFMA). But, HFMA has cast that old non-dues revenue practice aside. Career resources.

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MemberClicks

MAY 25, 2023

You can also earn added revenue from sponsorships and selling ad space on things like your conference app. When vendors still have a lot of availability, they are much more willing to work with you on price and may be able to include a few “extras” at little or no cost. Look into bulk pricing. Be flexible on dates.

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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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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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Revenue Software Price Technology 102

Blue Sky eLearn

AUGUST 16, 2019

Here are some tips on ways to repurpose webinars for future engagement and revenue! If you’re selling these, you can also get creative with how you sell them – separately for one price, bundled for a discount, and so on. Share the on-demand version of your webinar. Share the on-demand version of your webinar. Share them below!

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Content eBook Discount Revenue 197

EventMobi: Association Events

SEPTEMBER 21, 2023

Implementing even the most basic member retention strategies will not only save you money, it’ll help you increase revenue over time! Over 50% of consumers say loyalty points and discounts make them stick by a brand longer—and the same logic applies to membership organizations. Review your event budget. Build your toolkit.

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Blue Sky eLearn

AUGUST 22, 2019

Revenue Opportunities. Of course, the first thing to consider when it comes to revenue is how easy is it for your learners to make a purchase? Can you have different pricing for different groups of people? You should have the ability to set up discounts and provide coupon codes as well. Advertising?

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LMS Learning Management System Discount Revenue 160

Blue Sky eLearn

DECEMBER 28, 2018

How vital is non-dues revenue for your association? In 1953, more than 95% of revenue for professional associations came from membership dues. Over the last few decades, the biggest driver of non-dues revenue has been technological advancements. Coupons and discount codes. For many, it is quite substantial.

Content 126

Content LMS Class Course 126

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. How much will you need in course revenue to make the profit you desire? By the way, don’t forget to give these folks a hefty discount when they sign up for the pilot and/or the course.

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Course How To eBook Price 160

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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Fonteva

NOVEMBER 8, 2019

For as long as most of us can remember, a large majority of revenue for professional associations came from membership dues. As the importance of non-dues revenue continues to grow, technological advancements have become one of the biggest drivers. Here are some additional tips to continue to grow your non-dues revenue.

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Content LMS Discount Price 56

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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LMS How To Price Course 52

WBT Systems

OCTOBER 3, 2017

If you have an e-learning strategy , you’re more likely to see a net increase in revenue from e-learning programs. 62% of those with an association e-learning strategy said e-learning has increased the net revenue of their educational offerings, compared to 45% of those without a strategy.

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Mooc LMS Sample Survey 192

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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WBT Systems

FEBRUARY 21, 2017

This leads to higher attendance and renewal rates, and ultimately an increase in non-dues revenue, which the association can re-invest in providing even better events and service to members. Display conference details and tiered pricing in LMS catalog. eCommerce features, including earlybird discounts, bundling.

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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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Discount Price Cost Strategy 72

Higher Logic

JULY 13, 2017

Expert Tip: The best learning management systems will also help you increase non-dues revenue by selling some of your online courses or certification materials. You can set prices for courses individually, or base them on membership tier. NAWR took this route when they partnered with FedEx for their shipping discount.

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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.

Revenue 72

Revenue Discount Products Marketing 72

WBT Systems

JULY 31, 2018

A job board will attract millennials—and revenue too thanks to the employers who post positions. Price these programs low enough for a ramen noodle budget or provide discounts to young members. Or, give young members a discount code to use on education. They’ve built content partnerships with recruiters and PR agencies.

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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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Achieve

AUGUST 18, 2020

Begin procuring and pricing auction items. A specific revenue target will be extremely useful for guiding your item procurement strategy. Begin procuring and pricing auction items. Additionally, your revenue goals for the event should help determine which items to procure. guide to pricing auction items.

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Delcor

MARCH 31, 2020

Online learning programs deliver much needed education to members as well as provide a steady source of non-dues revenue and opportunities for sponsorships. How much of the decision will be dependent upon pricing ? Source of non-dues revenue. Do you provide member discounts? Optional : truly nice-to-have features.

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WBT Systems

JULY 11, 2017

When digital entrepreneurs—those who make their living selling online products and services—see a need in their market, they design a revenue-generating online course to meet that need. Registration is limited and deeply discounted on the condition that students provide feedback after every session. Segment by price sensitivity too.

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Course Marketing eBook Content 186

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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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.

Discount 72

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WBT Systems

SEPTEMBER 13, 2016

We have a tremendous opportunity to both diversify and expand our revenue streams while also providing a critical service to the next generation of workers (and members).”. Generate Revenue from Education Content and Events. This helps the association to reach a wider audience online and generate incremental revenue from education.

Education 150

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