Associations Now
MAY 21, 2019
That’s especially true for associations with declining dues revenue. Taking some time to brainstorm with members provides them a stimulating engagement opportunity and could generate ideas for contributing additional nondues revenue to your organization’s bottom line. The session resulted in 26 different nondues revenue projects that associations could invite members to participate in as a key partners.
Nimble AMS
FEBRUARY 16, 2022
Taking a strategic approach to driving non-dues revenue might seem challenging. Read on for proven techniques and technolog ies that will help you boost your non-dues revenue in no time. . Driving non-dues revenue is critically important to your association’s long-term success.
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Spark Consulting
FEBRUARY 7, 2019
What dues rates will maximize both revenue and participation? A mid-level effort approach would be to do a membership dues modeling project. The post Membership Q&A: Maximizing Revenue AND Participation appeared first on Spark Consulting. That’s a good one! This question actually came in from a client, and here’s what I told them: The perils of pricing too high are obvious – no one will buy, because you’re too expensive.
AssociationChat
MARCH 29, 2021
Until after four months of trying (it can be a big project with a lot of hidden surprises) they realized that the replacement system had its own warts. Ecommerce sales are just one of the forms of non-dues revenue associations are gleaning from their AMSs.
Association Adviser
OCTOBER 13, 2016
More than half (54 percent) of the executives who took part in our annual association communication benchmarking study felt their organization’s inability to generate non-dues-revenue (NDR) was a serious or significant challenge — up substantially from 2015. A lack of confidence in the ability to show sponsors or advertisers a return on their investment can hinder an association’s enthusiasm to pursue non-dues revenue opportunities,” Andreu added. Features Revenue non-dues revenue
Smooth The Path
MAY 7, 2020
Metrics are softer, as is the revenue to fund member benefits. Others wonder if switching to free membership while leveraging healthy non-dues revenue streams of income is the right course. The association landscape has been slowly changing for at least the last decade.
Association Adviser
MAY 23, 2018
How can we increase non-dues revenue? One of the most valuable revenue-building tools all associations have in their arsenal is member communications. While there is no one-size-fits-all solution to the question at hand, there are a handful of strategies that associations can implement to boost their non-dues revenue from print and digital media: 1. If non-dues revenue isn’t where you want it to be, chances are your member engagement isn’t, either.
Association Adviser
MAY 23, 2018
How can we increase non-dues revenue? One of the most valuable revenue-building tools all associations have in their arsenal is member communications. While there is no one-size-fits-all solution to the question at hand, there are a handful of strategies that associations can implement to boost their non-dues revenue from print and digital media: 1. If non-dues revenue isn’t where you want it to be, chances are your member engagement isn’t, either.
Protech
JUNE 11, 2020
To help get your online career center off and running, here are a few pieces of advice association managers can immediately implement to engage with and serve members, all while growing non-dues revenue. . What are the necessary steps you need to take for this project to be successful? .
Association Adviser
MAY 15, 2017
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.
SCD Group
MARCH 22, 2016
The CEO and COO of the Wounded Warrior Project were fired a few weeks ago over spending practices at one of the nation’s largest charitable organizations for veterans. I was thinking about this issue before the Wounded Warrior Project news broke because the executive director of a small nonprofit asked me for help in responding to board members suggesting they were spending too much on fund-raising.
Associations Now
AUGUST 15, 2018
There are a number of steps associations experiencing revenue shortfalls can take to reduce the damage. Whether it’s failing to meet membership goals or advertising projections, it’s not so much if an association will experience a revenue loss, but when an association will experience a revenue loss. And, if a downward revenue trend is spotted, it’s important to let the appropriate people know, whether that’s your boss, the executive team, or even the board.
Higher Logic
AUGUST 29, 2017
A strong, carefully crafted website that gets new visitors and consistently brings loyal supporters back can become of your nonprofit’s most powerful tools for increasing awareness and revenue. As you increase website traffic, you’ll increase donations and fundraising revenue. Tell stories about your nonprofit and its projects that draw people in and appeal to their emotions. Websites are par for the course.
Association Adviser
APRIL 17, 2018
In many cases, annual conventions and trade shows represent the most significant revenue-generating opportunities of the year for associations. These special events are of the utmost importance to any association that relies on this revenue stream. Without an event cancellation policy in place, associations can be left with substantial revenue shortfalls that could have lasting effects on their operating budgets and also compromise their ability to deliver important member services.
.orgCommunity
JULY 18, 2019
But, HFMA has cast that old non-dues revenue practice aside. HFMA’s approach sounds like a great way for an association to become indispensable to members, but there’s one challenge we must address: how to make up for lost non-dues revenue when free education is a membership benefit. Rethinking non-dues revenue: from products to partnerships. It cannot just be about revenue, but about content,’ said Bruce Rosenthal, strategic advisor at Bruce Rosenthal Associates, LLC.
YourMembership Blog
MARCH 13, 2014
As associations take on the pressures of the economy and increasing member demands, it becomes vital to identify and implement non-dues revenue opportunities to help ensure financial health. Many associations already use a variety of programs to generate non-dues revenue, among the most common being: Annual Sponsorships. Print publications are quickly disappearing as associations go green, taking back the revenue spent on printing and mailing.
Smooth The Path
JUNE 26, 2019
The happily-ever-after storyline is so ingrained in our society that we sometimes secretly believe that our happily-ever-after is at the end of this next project. When we complete this project, the membership will send roses and accolades. Or the moment we launch this new product, members will wonder where we have been all their lives, renewals will skyrocket, and generous revenue will follow. Members don’t understand or are fearful of interacting with your project.
Association Success
OCTOBER 23, 2017
Quality > Quantity All associations want to maximize revenue in order to better serve their members. Non-dues revenue channels can be a great opportunity for associations to broaden the range of services they offer, and to build relationships with other bodies in their industry. When it comes to non-dues revenue, I’d rather pursue a share of mind than a share of wallet. It takes strategic thinking to calculate which projects to throw your weight behind.
Association Success
SEPTEMBER 5, 2019
When it comes to non-dues sources of revenue, not all are worth the time, energy and effort. Organization leaders need to understand the total value of the revenue source, which means more than the return on investment; it also means looking at how much mission impact is perceived to be achieved by board members, staff, and members. . So, how can you measure the revenue source’s total value? . In order to construct the matrix, you need expense and revenue information.
Association TRENDS
APRIL 1, 2020
For associations, data clean-up has the dubious honor of being both a vital strategic initiative and the project most likely to be postponed, reprioritized, or tabled.
Association Adviser
OCTOBER 18, 2018
Tamela Blalock, MBA, CAE, CMP, DES considers her professional superpower to be revenue generation, but after talking with her about her experiences as an association leader, our staff at the Adviser thinks developing authentic empathy that nurtures others’ professional growth should be considered one of her superpowers, too. We talked with Tamela about how she applies a sales mindset to membership growth, revenue generation and board development. Tamela Blalock, MBA, CAE, CMP, DES.
Delcor
NOVEMBER 18, 2020
These days more than ever, associations are seeking new sources of non-dues revenue to replace the income they used to rely upon from in-person meetings and events. Consider generating revenue by offering corporate partners the opportunity to sponsor: Blog posts and articles.
Association Adviser
APRIL 26, 2018
This month, we asked our readers which source of non-dues revenue they plan to improve this year. The results were somewhat similar to those when we asked this question in previous years: Half of respondents cited continuing education as their primary non-dues revenue focus. Ad revenue benefits your association by padding your operational budget and affording additional membership perks, staff benefits and programming.
Associations Now
JULY 22, 2014
Though organizations that produce nonprofit software have long been granted tax-exempt status, the Internal Revenue Service recently denied it to two applicants. Ars Technica writer Ryan Paul , while noting successful examples of open-source projects that thrived as for-profit enterprises, specifically took the IRS to task for discounting the educational value of open-source software.
High Context
MAY 6, 2010
Should financial reserves be used to fund the development of a website instead of from current revenues? The answer lies largely in the strategic value of the project in question. Since they don’t pay out profits to owners or shareholders, bottom line revenue goes into the bank and is typically invested. Funding a website project would qualify under the latter. Using reserves to pay for staff or one-off projects is almost always not.
Associations Now
OCTOBER 2, 2014
The association’s strategy for funding the project is tied to its evolving membership. They’ll be among the projects researchers will be working on. The two strategies are intertwined—the increased revenues from the expanded member tiers will help pay for the lab. The post Ad Tech Hits the Lab: IAB Launches Skunkworks Project appeared first on Associations Now
Associations Now
FEBRUARY 20, 2015
With Washington’s endlessly delayed streetcar transit project—once called the country’s worst—still not carrying passengers after two years, the American Public Transportation Association will do a top-down analysis of the system to ensure it’s safe and ready to run. At the request of the DC Department of Transportation, the American Public Transportation Association will review the long-delayed project to determine whether it is ready to go in its current form.
Leading Learning
DECEMBER 9, 2021
Plus, offering members learning opportunities can help boost your association’s revenue. After all, your education development team and board fundamentally want the same thing: to invest in projects and initiatives that will benefit your association. by Jeb Banner of Boardable.
Associations Now
NOVEMBER 12, 2013
That’s why clear, well-considered project management is so important to your strategy. That’s where project managers come in. That’s something that hit me recently when reading a couple of fascinating social media anecdotes—one about a well-managed (albeit tiny) project and the other involving a company with broad ambitions that could be held back by slow-moving project management paths. When Project Management Works.
Wild Apricot
FEBRUARY 22, 2022
As a nonprofit, it’s a good idea to have a variety of revenue sources to fund your missions. And if you’re looking for support for a specific project or position within your organization, you may have grant writing.
GrowthZone
MAY 10, 2022
Member Lifetime Value (MLV) is the measure of the monetary value of a member based on the projected length of membership. To get started, gather your most recent yearly numbers: net revenue paid by members, number of members, and their average membership tenure (AMT).
Smooth The Path
APRIL 12, 2017
Growing revenues in a consolidating industry. Or set up goals around project completion. Association Leadership Association Strategy achieving goals association innovation association leadership association strategy association vision goals member experience project management project strategy reaching goalsOften we set goals for ourselves that are likely to fail. Failing demoralizes the team and makes us more risk adverse.
Smooth The Path
OCTOBER 23, 2016
In the end we delivered 15 great new products on time; many of these products going on to earn quite a bit of revenue. Big projects are a lot of work. And maybe, in the end, it will be a project everyone reflects on as one of the best. The solution to most association problems is… The fragile middle of a big association project. Some of the things that we have the best memories of were extremely challenging at the time.
GrowthZone
JUNE 21, 2021
Generate revenue. Workflow automation/project management. Project management. It was designed to generate non-dues revenue and streamline work processes. E-business tools support multiple revenue streams. Productivity Technology Revenue Solutions Growth
Nimble AMS
JANUARY 7, 2022
Increase revenue from your professional education program ?by Project future fundraising results by predicting which members will donate and how much they will give. . Drive more non-dues revenue ?by Product News Artificial Intelligence Member Retention Non-dues Revenue
GrowthZone
MARCH 8, 2022
They will be eager and willing to invest big money in projects that lead to great schools, hospitals, and outdoor recreational opportunities. Productivity Revenue Solutions Growthby Frank Kenny. The membership dues model known as “fair share” is unfair to your members and your chamber.
Association Success
SEPTEMBER 24, 2020
Something I have personally experienced through my data migration experiences, the person doing the brunt of the work can bang the drum as loud as they can, but the project won’t make a sound until an organizational leader comes in with a cymbal and requests some attention. .
GrowthZone
DECEMBER 28, 2021
Member engagement is at the heart of renewals, recruitment, and non-dues revenue. Productivity Member Engagement Revenue Solutions Growth
Association Success
APRIL 11, 2020
Associations who recognize their bottom lines will take a huge hit from lost revenue they anticipated from their annual conference are rethinking their positions on event cancellation insurance. Invigorate Revenue
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? Engage People Invigorate Revenue Transform Culture
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