Ways to Boost Nondues Revenue
Here are three ways to do so
Associations need a steady stream of revenue to continue providing the benefits they offer to their members. Membership dues are essential to your association’s day-to-day operations and activities. However, finding nondues revenue opportunities is key to ensuring your sustainability and long-term financial success. It also opens up more opportunities for your association and your members. Here's a look at three impactful nondues revenue ideas for your association to consider implementing.
1. Secure Corporate Sponsors
Partnering with a company leads to a mutually beneficial relationship; this means that you both succeed. When searching for a sponsor, look for a company with similar values to your association. This could mean you share goals, values or even have overlap in your audience.
Finding a good match for your association is important. It increases your chances of that sponsor being open to supporting your association again in the future.
Please select this link to read the complete article from ASAE’s Center for Association Leadership.