Blue Sky eLearn

MAY 13, 2019

Associations are always looking for new and creative ways to drive additional non-dues revenue. At a recent Association SIG Summit, Blue Sky Client Success Manager, Kara Adams, joined a group of association executives as they crowdsourced ideas to drive non-dues revenue. Anything you think we are missing? Comment below! Sponsorships.

Revenue 168

Revenue Certificate Social Media Course 168

WBT Systems

MAY 9, 2017

We already know that not only does eLearning provide a valuable member service , leading to higher member retention rates, it can also generate an important additional source of non-dues revenue. Non-Dues Revenue Potential of Digital Badges for Associations. Value of Digital Badges for Association Members.

Revenue 230

Revenue Certificate Learning Management System Course 230

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.

Revenue 72

Revenue How To Discount Price 72

Associations Now

DECEMBER 23, 2019

As 2020 dawns, many associations are looking to make sure they have a steady influx of revenue streaming in. If you’re looking to boost the revenue at your association, don’t rely on superstitions. Focusing on all customers and your organization’s reach will help improve nondues revenue from other sources, such as corporate sponsors.

Revenue 98

Revenue Discount Analysis Products 98

Association Success

DECEMBER 15, 2020

Once you have put a dollar amount on the monetary value of your members, you will be set to give them better discounts, customized service, and valuable offers to keep them engaged. Total dues and non-dues revenue for historical data set. Step 3: Calculate Expected Lifetime Revenue.

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Discount Revenue Cost Resources 147

Association Adviser

NOVEMBER 13, 2018

They strengthen your community, increase brand recognition, provide networking opportunities, establish thought leadership and generate revenue. Prizes should relate to the career resources your association offers: resume writing services, coaching services or even a discount on membership dues. Job listing promotions.

Revenue 74

Revenue How To Discount Resources 74

Association Analytics

FEBRUARY 14, 2023

We had to validate registration member rates against current memberships to ensure members were receiving the appropriate discount or group rate. However, I wished they could have utilized me to help grow their revenue and monetize data for their industry. We spent hours manually creating attendee lists to import into various sources.

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Discount Leadership Tools Resources 321

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

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. The one-time fee model provides your team will instant, however less predictable, revenue.

Price 172

Price Course LMS Discount 172

Virtual

OCTOBER 7, 2014

” So a diverse revenue stream isn’t just a “nice to have” for associations, it’s often a matter of survival. Fortunately, there are some tried and true strategies toward increasing revenue. Group purchasing: This is a trickier one, but can be a great source of revenue if you spend some time on it.

Revenue 100

Revenue Certificate Discount Cost 100

Associations Now

DECEMBER 18, 2023

While reciprocal membership agreements allow participating organizations to increase their member count, they are about more than numbers and dues revenue. Another type of arrangement—reciprocal memberships—typically involve a dues discount that allows members of one society to join the other at a reduced rate.

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Discount Recruiting Recruitment Newsletter 59

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.

How To 130

How To Discount Social Media Software 130

Association Analytics

DECEMBER 15, 2022

Are you using it to increase revenue and lower costs per renewal? Armed with that information, you might run a test to offer first year members a discount at the annual conference, and then see if that segment’s retention rate improves. But are you truly leveraging that information? Retention rates aren’t one dimensional.

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Analysis Discount Revenue System 169

Association Adviser

JULY 24, 2018

They strengthen your community, increase brand recognition, provide networking opportunities, establish thought leadership and generate revenue. This could include discounts on membership dues, resume writing services or coaching services. Your events play a major part in gaining recognition for your association. Promotions.

Revenue 60

Revenue Discount Resources Leadership 60

.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. What can we do to fill that gap?’”.

Revenue 53

Revenue Certificate Blended Learning Discount 53

Association Analytics

MAY 17, 2021

Are you using it to increase revenue and lower costs per renewal? Armed with that information, you might run a test to offer first year members a discount at the annual conference, and then see if that segment’s retention rate improves. But are you truly leveraging that information? Retention rates aren’t one dimensional.

Analysis 192

Analysis Discount Revenue System 192

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? Membership dues are the biggest provider of revenue for organizations. You don’t want to lose money because your multi-year discount is too large.

Price 96

Price Discount Revenue Tips 96

Freestone

APRIL 16, 2024

There are three major benefits you’ll find in repurposing your continuing education content: Reach a larger audience Engage more learners Boost your revenue How to record and edit live presentations for online consumption One way to repurpose your content offerings is to transform live presentations into on-demand learning resources.

Education 71

Education Content LMS Library 71

Association Adviser

MAY 29, 2018

Thankfully, there are varied approaches to increase non-dues revenue (NDR) from member communication. Whatever the approach, the common principle in practice is: The more value your communication programs can provide to BOTH members and advertisers, the better positioned your association is to earn higher non-dues revenue.

Revenue 64

Revenue Communications Newsletter Directory 64

SCD Group

MARCH 11, 2013

Have you ever bought something and later realized you could have paid less by using a membership discount you forgot you had? Low numbers of members visit association websites to learn about their perks and discounts. Timing: the lag time between when members see the discount (on your website, in an email, etc.)

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Discount Revenue Survey Cost 40

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?

Tips 164

Tips Discount Price Education 164

Association Freak

MARCH 25, 2021

This usually means a discount, sometimes bearing the association brand. They also serve as a critical source of non-dues revenue. For example, they can shift their expectations for affinity products from revenue to favor of member value. The Decline of Affinity Product Revenue. The affinity model is unwinding.

Products 72

Products Revenue Discount Marketing 72

EventMobi: Association Events

JUNE 26, 2023

Boost your non-dues revenue. of revenue for trade associations, and 30% of revenue for professional associations. Engaging members with ticketed events can bring in event revenue (as well as other streams!) A successful member engagement strategy broadens the networking reach of your association.

Member Engagement 130

Member Engagement Strategy Software Social Media 130

Smooth The Path

DECEMBER 17, 2019

Instead of pulling in, the organization tries to boost revenues by discounting dues and non-dues revenue streams. We see deep discounts on conferences, meetings, research, guide books, membership, and more. If retention dips, or when revenues fall, or even when attendance is low, try the Start-Up path.

Discount 88

Discount Revenue Resources Products 88

Aaron Wolowiec

AUGUST 19, 2014

In fact, offering such benefits may be the most effective method for increasing non-dues revenue. Second, it can drive non-dues revenue for your organization through commissions or revenue sharing with benefit providers. And obviously, the more benefits you provide, the greater the opportunity for engagement and revenue.”.

Discount 100

Discount Social Media Revenue Cost 100

Crowd Wisdom

NOVEMBER 30, 2023

Learn how to reduce administrative tasks and maximize revenue with Crowd Wisdom LMS. How to unlock your learning program’s true potential If you want to prepare your continuing education program for success, you might consider allowing learners to re-enroll in a course already completed. Our team is ready to help! Here’s how: 1.

LMS 52

LMS Certificate Course Revenue 52

Membersuite

AUGUST 5, 2022

Many associations have a discounted membership tier for them that provides benefits related to online career services, networking, and education. With a flexible membership model (and AMS), dues within a membership tier can vary depending on the company’s revenue or number of employees. What Companies Seek in Membership.

Price 136

Price Discount Revenue Examples 136

Velvet Chainsaw

APRIL 5, 2022

Before March of 2020, pacing data was a useful tool for predicting final attendance and revenue. On average, associations are anticipating 2022 registration and revenue will be about 20 percent below pre-pandemic levels. To do this, analyze what percentage of registration revenue you historically averaged each week.

Conference 106

Conference Revenue Discount Committee 106

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.

Strategy 130

Strategy Software Social Media Discount 130

Reid All About it

MARCH 24, 2023

Non-dues revenue. A survey conducted by the Professionals for Association Revenue (PAR) revealed that 86% of associations said their business development strategy is underperforming or non-existent. PAR explains why a business development strategy is vital to association revenue health. 1 CAE credit. . – More info/register.

Revenue 227

Revenue Chicago Leadership Education 227

Association Success

MAY 20, 2020

Direct costs, indirect costs and your revenue expectations are major influencers when determining your budget. Are you having to halt any other projects or innovations that produce revenue to accommodate this shift? The addition of sponsorships also introduces the ability to offer certain ticket types for discounted costs.

Price 158

Price Revenue Cost Discount 158

Membersuite

SEPTEMBER 10, 2022

Early-career professional: dues are discounted for a limited number of years or until the member reaches a certain age or career milestone. Professionals in transition: dues are discounted for people who have been laid off or entering the profession from another career. . #3. Trial Memberships. The same principle works for memberships.

Price 135

Price Discount Marketing Newsletter 135

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 200

Content LMS Class Course 200

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

Robert Skrob

MAY 16, 2022

What’s the best subscription term, to maximize new subscriber conversion, member retention, and recurring revenue? Annual, monthly, quarterly or discounted trial subscriptions? Discounted trials bring in the most new members, but. Click here to watch. So what IS the best subscription terms?

Discount 36

Discount Revenue Marketing 36

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.

Revenue 102

Revenue Software Price Technology 102

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? You should have the ability to set up discounts and provide coupon codes as well. We’ve heard nightmares about platforms where it took a user seven clicks to buy! Advertising?

LMS 160

LMS Learning Management System Discount Revenue 160