Member Engagement Drives Revenue. Associations continue to leverage Member Engagement as part of a long term strategy that secures and grows their revenue base. In order to add heft to their efforts, some CEOs utilize data driven strategies to guide investment of budget resources and staff time. At NIRI, the National Investor Relations Institute for…
Category: Association Growth Strategies
Want Association Revenue Growth in 2014?
Want Association Revenue Growth in 2014? Association CEO’s and the senior management teams are looking ahead. Budget discussions are underway and board leadership wants to see an Association revenue growth budget. Corporate profitability is rebounding and the expectation is that Associations too will achieve the same level of robust growth. What can Associations do to…
Can Silos Stunt Association Revenue Growth?
Can Silos Stunt Association Revenue Growth? “We’ve met the enemy head on and it is us.” Is this true? Absolutely, yes. Silos at Associations can do more harm than good. Why? Although a well defined organizational structure is effective in defining roles and responsibilities, they at times erect unnecessary walls and can create a fiefdom.…
Associations Can Outlast Competitors
Associations Can Outlast Competitors. In a world where competition moves like the speed of sound, Associations need solid differentiation. Competitive intelligence helps you direct budget investments and keep Association products and services current with member business and professional objectives. 360 Competition New coalitions, and organizations are created almost weekly. Law firms and public relations firms…
You Want to Grow Association Membership?
You Want to Grow Association Membership? The pressure to increase membership is not going away and neither are the competitive threats. Although some Associations are growing membership and revenue, a high number are not. Many ask, “what are some of the best practices driving membership and revenue growth at other Associations?” Strategy Drives Everything The…
Association Boards Say, “Show Me The Growth”
Associations Boards Say, “Show Me the Growth.” The great recession and its aftermath dealt a powerful blow to Association revenue and membership growth. A number of Associations utilized reserves to navigate through the lean times but Boards want the reserve funds replenished for the next rainy day. Easier said than done? Of course, but the…
Can Associations Outperform For Profit Competitors?
Can Associations Outperform For Profit Competitors? Until recently, Associations competed for membership, product, conference and service dollars in a limited universe. As for profit companies and not for profit organizations scour the landscape to identify and expand into new markets, they are competing head to head with Associations. While different sectors report varying degrees of competition, the…
How One Association Achieved 40% Membership Growth
How One Association Achieved 40% Membership Growth. As Associations continue their struggle to find their membership growth sweet spot, other organizations are discovering a durable path to growth. A case and point is The American Occupational Therapy Association (www.aota.org/) where Fred Somers, their Executive Director, proudly reports 40% cumulative growth. While the numbers are impressive,…
Is Your Association Losing Conference Market Share?
Is Your Association Losing Conference Market Share? In several cases, Associations cite lower attendance, drop in sponsorship and lower net performance. A market trend revealing the rise of for profit competitors is making the conference landscape even more challenging. For profit companies have considerable marketing prowess and are a force to be reckoned with. However,…
3 Core Strategies to Win New Members
3 Core Strategies to Win New Members. Long gone are the days when corporations join Associations on the basis of “good citizenship.” The severe downturn resulted in high volume dues reductions and membership cancellations across the board. While some signs in the economy are promising, the recovery is not as robust as many had hoped.…