1
Growth unlocked CLOSING THE VALUE BENEFITS TO INVESTMENT GAP FOR SMALL-STAFF ASSOCIATIONS We surveyed over 350 small association professionals and uncovered that expected investment over the next 12 months is a mixed bag when compared to the most valued member benefits. Strategic priorities Projected areas for increased investment in next 12 months Top benefits to retain members (By loyalty segment) Key comparisons between top member benefits and areas of investment by associations Organizations must apply 3 building blocks to better align with their members’ priorities Increasing membership 93% 91% 70% 69% 44% 43% 42% 38% Improving membership retention Increasing non-dues revenue Developing and/or offering new benefits and services Merging or forming strategic partnerships with other organizations Passing key legislation or other advocacy efforts Upgrading and/or integrating new technology Expanding regionally, nationally, or internationally Top priority Important priority 35% 42% 39% 44% 35% 19% 30% 23% 58% 49% 31% 26% 9% 24% 12% 14% Code of ethics Industry information Representing your interests Fueling growth of profession Advocacy Raising awareness Certifications Training Networking Fueling innovation Job opportunities Online CE Top benefits to retain members 47% 44% 42% 42% 41% 40% 39% 39% 39% 39% 52% 55% Raising awareness 45% Online continuing education 37% Training 33% Meetings/conferences 31% In-person continuing education Mentoring Certifications or credentials Advocacy and lobbying 29% 27% 24% 21% Job board Standards/Code of ethics Professional discounts 16% 15% 12% Professional magazine Insurance 9% 5% Code of ethics 69% Industry information 64% Representing your interests 64% Fueling growth of profession 61% Raising awareness 58% Fueling innovation 56% Training 53% Training 23% Certifications 53% Advocacy 52% Networking 52% Code of ethics 47% Industry information 43% Representing your interests 35% Fueling growth of profession 31% Raising awareness 32% Online CE 29% Job opportunities 31% Certifications 32% Advocacy 35% Networking 32% Code of ethics 32% Industry information 34% Representing your interests 22% Fueling growth of profession 25% Online CE 24% Job opportunities 24% Certifications 27% Advocacy 28% Networking 20% Super Members Rank and File Value Seekers 45% 42% Members Associations 15% 55% Members Associations 27% 0% Members Associations Raising Awareness Code of Ethics Mentoring 1 Identify and understand your organization’s most valued benefits Conduct member surveys and focus groups to identify the challenges your members face each day, how might the organization help, and what tools are needed to be successful. 3 Dust off your Code of Ethics Members are proud to belong to an association that provides a framework and standard for their industry. Keep your Code of Ethics updated and relevant. 2 Close the gap between what you believe members want and what members say they want Align your organization’s strategic initiatives and investments with the benefits that your member value most and keep them renewing. Find out more about the study at communitybrands.com/smallstaff

VALUE BENEFITS TO INVESTMENT GAP · Strategic priorities Projected areas for increased investment in next 12 months Top benefits to retain members (By loyalty segment) Key comparisons

  • Upload
    others

  • View
    3

  • Download
    0

Embed Size (px)

Citation preview

Growth unlocked

CLOSING THEVALUE BENEFITS TOINVESTMENT GAPFOR SMALL-STAFF ASSOCIATIONS

We surveyed over 350 small association professionals and uncovered that expected investment over the next 12 months is a mixed bag

when compared to the most valued member benefits.

Strategic priorities

Projected areas forincreased investment in next 12 months

Top benefits to retain members(By loyalty segment)

Key comparisons between top member benefitsand areas of investment by associations

Organizations must apply 3 building blocksto better align with their members’ priorities

Increasing membership 93%

91%

70%

69%

44%

43%

42%

38%

Improvingmembership retention

Increasingnon-dues revenue

Developing and/or offeringnew benefits and services

Merging or forming strategicpartnerships with other organizations

Passing key legislation orother advocacy efforts

Upgrading and/orintegrating new technology

Expanding regionally,nationally, or internationally

Top priority Important priority

35%

42%

39%

44%

35%

19%

30%

23%

58%

49%

31%

26%

9%

24%

12%

14%

Code of ethics

Industry information

Representingyour interests

Fueling growthof profession

Advocacy

Raising awarenessCertifications

Training

Networking

Fuelinginnovation

Job opportunities

Online CE

Top benefitsto retain

members

47%

44%

42%

42%41%

40%

39%

39%

39%

39%52%

55%

Raising awareness45%Online continuing education37%

Training33%Meetings/conferences31%

In-person continuing education

Mentoring

Certifications or credentials

Advocacy and lobbying

29%27%

24%21%

Job board

Standards/Code of ethics

Professional discounts

16%15%

12%Professional magazine

Insurance

9%5%

Code of ethics69%

Industryinformation64%

Representing your interests64%

Fueling growthof profession61%

Raisingawareness58%

Fuelinginnovation56%

Training53%

Training23%Certifications53%

Advocacy52%

Networking52%

Code of ethics47%

Industryinformation43%

Representing your interests35%

Fueling growthof profession31%

Raisingawareness32%

Online CE29%

Job opportunities31%

Certifications32%

Advocacy35%

Networking32%

Code of ethics32%

Industryinformation34%

Representing your interests22%

Fueling growthof profession25%

Online CE24%

Job opportunities24%

Certifications27%

Advocacy28%

Networking20%

Super Members Rank and File Value Seekers

45%42%Members Associations

15%55%Members Associations

27%0%Members Associations

Raising Awareness Code of Ethics Mentoring

1 Identify and understand yourorganization’s most valued benefits

Conduct member surveys and focus groups to identify the challenges your members face each day, how might the organization help, and what tools are needed to be successful.

3 Dust off your Code of EthicsMembers are proud to belong to an association that provides a framework and standard for their industry. Keep your Code of Ethics updated and relevant.

2 Close the gap between what you believe members want and what members say they want

Align your organization’s strategic initiatives and investments with the benefits that your member value most and keep them renewing.

Find out more about the study at

communitybrands.com/smallstaff