What Is a Strategic Partner?

JULY 05, 2022 / Tips & Insights

In this blog, you’ll find an overview of strategic business partnerships. Here’s what you can expect to learn:

  • What is a strategic partnership?
  • What makes a good strategic partnership?
  • How to create strategic partnerships
  • What are the benefits of strategic partnerships?

Let’s begin with the first question and define a strategic partnership.

What Is a Strategic Partnership?

In business, what is a strategic partner? A strategic partnership is an arrangement between two or more companies that agree to support each other in an effort to help both parties succeed. Strategic relationships are normally formed between non-competing businesses, sharing resources and leveraging key assets with the mission to…

READ MORE


What Does Benchmarking Mean in Business?

JUNE 30, 2022 / Tips & Insights

Today’s marketplace is ever-evolving, causing membership and association professionals to adapt continually. As a result, organizations are constantly searching for new ways to improve their operations and increase their bottom line. To accomplish this, benchmarking is a great place to start.

Benchmarking in business can help you achieve a competitive advantage by evaluating your organization and comparing it to top competitors. There are four different types of benchmarking, which we will discuss in detail. By the end of this article, you will have a thorough understanding of what benchmarking is, the benefits, and how you can begin benchmarking.

First, let’s answer the question, “What does…

READ MORE


9 Event Marketing Tips for Associations

JUNE 28, 2022 / Tips & Insights

In this blog, we provide insights on how to market an event. A well-planned association marketing strategy is crucial for an event’s success. Every event presents an opportunity to reinforce the association’s mission and value proposition in order to retain current members and recruit new ones.

With the proliferation of online content, people have access to all types of information that used to be available only through association membership and industry conferences. As a result, today’s events must be exceptional to attract industry professionals and make advertisements more compelling.

The following event marketing tips and strategies will help you reach the right audience and get the word…

READ MORE


6 Membership Marketing Ideas to Recruit and Retain Members

JUNE 24, 2022 / Tips & Insights

Two challenges associations face are member recruitment and retention. Implementing effective marketing for membership organisations means investing in membership offer ideas that work. In this blog, we discuss strategies for marketing to prospects and members alike.

When marketing for membership organisations, one must consider the five stages of the membership lifecycle. This lifecycle includes the five stages a prospect goes through before and after joining your association: Awareness, Recruitment, Engagement, Renewal, and Reinstatement. Today’s article focuses on the first three stages.

6 Marketing Ideas for Membership Organisations

Before you can begin successfully marketing your…

READ MORE


3 High-impact Association Membership Recruitment Strategies

JUNE 13, 2022 / Tips & Insights

This article will list three high-impact ways to increase association membership. We’ll be reiterating some of the advice shared in our podcast, 15 Minutes to Impact, and offering additional strategies for how to improve membership in an organization. So if you’re forming a membership recruitment plan, this is the perfect blog to bookmark!

Create Ideal Client Avatars

Before deciding which association membership recruitment strategies to invest in, you have to know who you’re targeting.

Knowing how to attract new members starts with identifying what kind of new member you are trying to attract. When you can accurately describe the demographics and psychographics of your current members using…

READ MORE