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Revenue-Generating Solutions for 5 Essential Member Needs

Membersuite

The importance of revenue diversification was made painfully obvious during the pandemic. Associations that relied too heavily on one revenue source, like the annual meeting or membership dues, had a tough time. Revenue diversification is an essential strategy for achieving the financial stability needed to drive your mission forward.

Revenue 135
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5 Things Your Association Should Do Before Attempting to Earn More Revenue

Association Adviser

Non-dues revenue supports associations’ missions in so many ways: Providing exceptional training and education for members, financing lobbying efforts, keeping membership dues affordable, and offsetting the costs of your communication program, to name a few. John Bacon, Naylor Association Solutions. Performance metrics.

Revenue 80
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7 Situations Where Customer Communities Improve Customer Experience

Higher Logic

When executed with proper planning and resources, a customer community can have a tangible impact on key business performance indicators, including ticket deflection, revenue generation, and customer satisfaction. Download our eBook for more details: 3. According to Aberdeen Research , firms with online communities: Enjoy 5.4x

eBook 194
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Building Buy-In for an Online Community at Your Association

Higher Logic

While the way you align your proposed member community with your executives’ goals will vary by association, five of the most common priorities you might find in the strategic plan include new member acquisition, member engagement and retention, non-dues revenue growth, advocacy and legislation, and maintaining relevance.

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How to Validate an Online Course Idea

WBT Systems

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? Newsletter analytics. Do a search on Amazon to see how many ebooks cover the topic. No demand, no students.

Course 160
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5 Smart Tips to Strengthen Your Automated Emails and Increase Conversions

Higher Logic

They got rid of their Friday newsletters, instead sending emails at a time that better served their members. Marketing automation can literally pay for itself by recovering this type of lost revenue. Learn best practices, how to get started, and how to analyze your metrics in our eBook, How to Create Effective Automated Campaigns.

Tips 159
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How to gain new leads using content you already have

Association Success

This tactic allows your association to offer a free PDF worksheet, whitepaper, ebook or similar resource in exchange for the reader’s contact information. Craft a limited run newsletter. If you really want to get creative, a limited run newsletter is a great option to explore. . Create a downloadable resource.

Content 78