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How to Maintain Relevance and Revenue in Today’s Economy

Association Analytics

Let’s take a look at a few ways you can shift challenges into opportunities, keep your association top of mind, and maintain your revenue stream in 2023. Look Beyond Top Line Revenue Most people define success by revenue generated, but in today’s economy, we need to go beyond the numbers. Read more about their story.

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Increasing Revenue per Customer: 6 Reasons Why Your Customers Don’t Buy More

Higher Logic

Eighty percent of your future revenue will come from 20 percent of your existing customers , according to Gartner. Unfortunately, getting customers to buy more has always been a challenge – that’spart of why only 20 percent of customers will make up the majority of your future revenue. This is not just PR or clever marketing.

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How to approach your association’s board for new AMS tech

Nimble AMS

Share documents, such as meeting minutes. Upgrades are included in the price of the software with no periodic added fees for technology updates. Empower members to register for events on your e-commerce site , keeping events full and revenue flowing with event waitlists.

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?5 Ways to Get the Most From Your Learning Management System

MemberClicks

They exist to administer, document, track, report, automate, and deliver online education…. You can use a learning management system to share videos, documents, interviews, etc in an on-demand fashion makes that expertise quick and easy to access. Hello, non-dues revenue!). BONUS VALUE: Non-Dues Revenue. Resource library.

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The State of Association E-Learning: Cloudy with a Chance of Sunshine

WBT Systems

Here’s where it starts to look ugly: 70% of these associations don’t have a formal, documented e-learning strategy. If you have an e-learning strategy , you’re more likely to see a net increase in revenue from e-learning programs. Develop processes for e-learning product development and pricing. What are your market segments?

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Learn the difference between Association Management and Membership Management Software

Membersuite

The lower price of MMS is due in part to its limited functionality. AMS includes many accounting and financial reporting features that MMS lacks, for example, deferred revenue recognition. Low-cost tools have a hidden price. Review and document all your processes so you know what the new software must do. Functionality.

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Building Buy-In for an Online Community at Your Association

Higher Logic

If a document like this doesn’t exist, hold some informational interviews with your executive director and the head of the board to figure out what the association's main goals are for the upcoming year. Your organization needs to bring in new members to meet revenue goals, and often, this includes increasing the young member base.