Driving Non-Dues Revenue Growth Through Member Engagement
In today's competitive landscape, associations are continually seeking new ways to generate revenue beyond traditional dues. With evolving member...
2 min read
Adrian Sallis : Apr 9, 2024 11:00:00 AM
Associations today are finding innovative ways to generate non-dues revenue while simultaneously providing value to their members. One such avenue is through offering educational and professional resources.
This article will explore the various educational opportunities associations can leverage to generate additional income and create value for their members.
The educational resources to offer through your association will vary based on your industry, member needs, and the expertise of your team.
For instance, if you’re in the technology industry, you could offer webinars on the latest software developments or training sessions on programming languages. If you’re in the healthcare sector, you could provide courses on patient care or the latest medical research findings. You could also consider offering certification programs for members seeking professional development or career advancement in their field.
Overall, the key is to provide educational resources that are relevant and beneficial to your members' interests and professional growth. Here are several options that many associations are exploring:
Plan annual conferences, workshops, and seminars that showcase industry experts, thought leaders, and provide networking opportunities. These events can offer tiered access, with premium packages granting additional benefits such as exclusive content or personalised consultations.
Host virtual or in-person sessions featuring renowned speakers on trending topics relevant to your members' professional development. Charge a registration fee or offer access as a paid add-on to existing membership packages.
Develop intensive workshops or training programs to delve deeper into specific skills or knowledge areas. Offer certification upon completion to add value and marketability to your members' credentials.
Utilise webinars or online platforms to deliver bite-sized educational content on relevant topics. These can be offered as one-time sessions, ongoing subscriptions, or part of a comprehensive online learning program.
Facilitate exclusive networking events, online forums or mentoring programs to connect members with industry professionals and fostering valuable peer-to-peer learning. Charge a fee for participation or offer access as a premium membership benefit.
Create an exclusive job board to connect your members with relevant job opportunities. Employers can pay to post vacancies, while members benefit from access to a targeted pool of qualified candidates.
An essential element for the success of these initiatives is ensuring they are in line with the needs and interests of your members. Use the following methods to gather valuable insights:
Prioritising member needs is key to building a loyal and engaged community. By providing high-quality, relevant, and valuable educational opportunities, you’ll cultivate trust and a willingness to participate in paid offerings. This translates to increased non-dues revenue, ultimately securing the long-term sustainability of your association and its ability to serve its members.
Fuel your association's success through innovation and responsiveness. Continuously adapting your educational offerings to member feedback and industry trends will solidify your position as a leading source of knowledge and expertise. This approach attracts and retains members while generating sustainable non-dues revenue – ensuring your association thrives in the long run.
Intuto has developed the Association Academy to help you get started in educational courses. Meet with us today to find out how the Association Academy can benefit you!
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