Member ROI Valuation for Recruitment at Associations and Societies (1279 words)
The Rigsbee Member ROI Valuation Process
Learn the Rigsbee Member ROI Valuation Process for non-profit membership growth.
The Problem:
For trade associations and professional societies, identifying the value your members want without the Rigsbee Member ROI Valuation Process can be a bit like threading a needle in the back of a Jeep, while crossing granite boulders, at 40 miles per hour—but it doesn’t have to be. Associations and societies exist to serve the interests of the participants or stake holders in their industry or profession—it is that simple.
Yet, extenuating factors, erroneous or not, frequently muddy up the waters of association or society focus. A very good argument could be made for the idea that too many association or society activities serve merely the vocal few in leadership. A convincing argument could be made for the idea that associations and societies focus too keenly on self-perpetuation. I am not going to make arguments in this article for these ideas but rather share my observation from two decades working with trade associations and professional societies.
Large associations tend to have a turnstile of employees. Young wide-eyed graduates with diploma in hand, go to work for associations or professional societies with dreams of making a difference. Then, they either become disillusioned or move somewhere else for career advancement. Frequently these young staffers start in member services department. Hence the problem—by the time they learn their job, they have moved on. The Rigsbee Member ROI Valuation Process can solve this problem by having stable and usable member value numbers for all staff and volunteer leaders.
Conversely, in the small associations, run by the executive director and perhaps a couple part-time staffers, there just is never enough time to follow up on those inquiries of potential members. Either the interested party must join on their own accord by filling out the membership application found at the Web Site by clicking the “Join” button or move on. This two decade old observation was painfully reinforced recently. The example I’m about to share, believing it or not, did occur.
One of my avocations is being the CEO of an IRS recognized non-profit public charity https://cigarpeg.com/. I recently decided that it would be good for me to join a related association so I called two California State Associations, one for association executives and one specifically for non-profits. As of the writing of this article, I have joined neither.
One of the two, I called and left a message with the membership person; she returned my call and left a voice message. That was the last time I heard from that association and it has now been a while. The second, I chatted with their membership person and am still waiting for an information package she promised to “get right out” to me.
In the situation with the first association, would it not make sense to you that the director of membership make a second attempt to contact a prospective member that called for information about membership? I just got busy and didn’t call her back. Had she called me back a second time, I believe I would have joined instantly.
As for the second association, I was amazed that when I asked the membership person about the value I would receive from being a member, she asked if I was joking. I was not, and was less than impressed with her lack on knowledge as to the benefits of membership. I have been even more unimpressed with her lack of follow through. I really did want the prospective member package to help me decide which association to join.
The issue is twofold, first how association and society membership departments track their prospective members. Many folks just need a little nudge, and they will join. However, when ignored they will put membership on the back burner, frequently forever. The second issue is knowledge. If a staffer has no idea as to the value that the members derive from their membership, how in the world can they influence industry participants to join?
Today, the model for business and professional persons is that they are looking for a return on their investment (ROI) rather than participating in their industry simply because they should. Yes, times have changed.
The Rigsbee Member ROI Valuation Process is the Answer:
Conduct the Rigsbee Member ROI Valuation Process for determining the yearly sustainable real dollar value of membership at your next meeting? The American Society for Quality did so, three years in a row, at their annual meetings and discovered that their members receive over $50 in benefit and value for every one-dollar invested in membership. For anybody, that’s huge ROI! The National Air Duct Cleaners Association learned that their members benefited to the tune of $17 received for every dollar invested. For the National Frame Builders Association we revealed that their members received $10 in value for every dollar invested in their membership. It’s all about return on investment, that’s something no association or society executive, staffer or volunteer leader should ever forget.
The most significant reason for my belief in the need for urgency—urgency for every association and society, globally, to conduct the Rigsbee Member ROI Valuation Process at their next meeting is recruitment. Why wait to plug up the leaking dike of member loss when you can do something about it now?
The Rigsbee Member ROI Valuation Process is, or should be, the cornerstone for your next member recruitment or member retention campaign. The single most important activity, resulting from the Rigsbee Member ROI Valuation Process, is for your association or society to develop a marketing brochure for your members to handout. This brochure will easily demonstrate why it is a good business decision to join the association or society based on intelligent ROI.
The number one reason, in my experience, why marketing and recruitment collateral materials and campaigns are not successful is because real benefits are left out. Too frequently, when I review the marketing materials of associations that are intended for use in gaining new members, all I can identify is features, rather than the bottom line benefit to the prospective member. As I stated earlier, most people that join an association or society in today’s business environment are looking for ROI, and not the warm and cozy feeling of serving their industry. However, too many paid association staff and volunteer leadership are still stuck in the old warm and cozy paradigm. Read my lips, it is ROI!
Follow the below listed steps and I assure you that you will not be sorry you did.
- Conduct the Rigsbee Member ROI Valuation Process at your next meeting. For more information on how to conduct this process, there are several articles at https://rigsbee.com/articles/association-growth/
- Association or society board of directors and paid staff review the specific value line items resulting from the process. Determine if more service and value can be offered to members under the most valued categories.
- Board then approves the changes and allows paid staff to implement. (Important note here, volunteer leaders need to “keep out of others’ rice bowls” and tend to their own, or nothing will ever get done.)
- Member recruitment brochure is to be developed based on the Rigsbee Member ROI Valuation Process results. These brochures should be held for the next membership meeting, like the annual convention.
- Keynote presentation on industry collaboration should be scheduled for the meeting where the brochures are distributed. The job of your keynoter is to get your members excited about what is possible for their business through accelerated collaborations resulting from increased association or society membership.
- Keynoter announces the new membership recruitment campaign and asks for a commitment from each member to personally give out 10 brochures to colleagues and industry participants.
- The question of prizes for membership recruitment is frequently posed by association leadership. I am neutral on the subject; however I would recommend that you consider this: Do you want your members recruiting for tangible prizes or for the benefits they will receive through increased industry collaboration?
Ed is the Founder and CEO of the 501(c)(3) non-profit public charity, Cigar PEG Philanthropy through Fun, and president at Rigsbee Research which conducts qualitative member ROI research and consulting for associations and societies. He has been called “the dynamite that broke up our log jam” by association executives—rarely politically correct and almost always provocative—and from a dozen years as a United States Soccer Federation referee, Ed calls it the way he sees it. Exceptional resources at www.rigsbee.com.
