by Isaiah Perez | Mar 18, 2024 | Acumen Blog, Association Management, Leadership, Membership
While most associations rely heavily on member dues as their main source of revenue, we will continue to see a shift toward adding non-dues and passive revenue streams in the coming years. Diversifying your revenue stream will assist with financial stability,...
by Jennifer Stalsberg | Mar 15, 2024 | Acumen Blog, Association Management, Leadership, Membership
Return on investment and experience will be king. Conference ROI is usually a consideration for attendees when choosing which conferences to go to each year. As we move forward into 2024, ROI is more important than ever. Companies still have tight budgets for...
by Julie Frinzi | Jan 20, 2023 | Acumen Blog, Association Management, Membership
Seek Out Alternative Revenue SourcesMany associations rely on too few sources of revenue, most often, the annual conference and dues. We’re still banking on the revenue from the BIG CONFERENCE to sustain our operations and not investing in digital efforts in a BIG way...
by Association Acumen | Feb 24, 2022 | Acumen Blog, Acumen Education, Membership
Presented and Written by Isaiah Perez, Membership and Marketing Manager and Amanda Schellinger, Membership and Marketing Coordinator What Do Members Really Want? In the association world, there is absolutely nothing more valuable than your members. They make up the...
by Association Acumen | Jul 14, 2021 | Acumen Blog, Meetings & Conferences, Membership
Even though the world is beginning to open back up, there still seems to be an overwhelming cloud of pressure on associations to decide whether to take their events live and in-person, virtual or combine the best of both worlds with a hybrid event. According to the...
by Elizabeth Schlicht, CAE | Jan 28, 2021 | Association Management, Membership
After the unexpected challenges associations weathered in 2020, many are now looking at the path toward stability and recovery for membership numbers and engagement. While no one has a crystal ball, there are a number of trends and indicators we can look to for...