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Know “Pain Points” to drive Association Growth
Maybe Hill Street Blues character Sgt. Phil Esterhaus had it right when he said on every show “Hey, Let’s be careful out there!” Confirming Association renewals and recruiting new members can be as challenging as working a precinct in an iconic television show. However, if we know the issues along with the dollar impact on members we know the “pain points.”
Dollar Impact
Put yourself in your member’s place. Knowing the issues is important. However, understanding the dollar impact of issues shows your Association’s grasp of the enormous challenges they must overcome to be successful. Companies have choices, new Associations and single issue coalitions represent deep competitive threats. Executives seek solutions to business obstacles, with fewer membership dollars they renew or join Associations that help them achieve business objectives.
Identify Pain Points and Deliver Value
Identify, quantify and qualify policy impact and confirm member participation in the most critical areas:
- What is the dollar impact of policies on members and prospects?
- Are your member’s participating in areas that impact them?
- If education programs are important from a dollar impact perspective, are they engaged in these programs?
Does this approach Drive Association Revenue Growth?
Yes, one Association utilized this information to accelerate member engagement. In another situation an Association doubled new member revenue.
Know Pain Points to Drive Association Revenue Growth
A new CEO discovered that their predecessors invested heavily in a large number of educational products that none of his members were buying. Where were the “pain points” supporting the business decision? Clearly an unfortunate situation.
Free eBook “Accelerating Strategic Member Engagement” is available for all Association Executives at www.potomaccore.com,www.icimo.com, and www.verticalleapconsulting.com.
