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Are you getting the most out of your retention data?

Association Analytics

If you’re responsible for member retention, you have your renewal rate committed to memory, right? You are most likely doing everything you should — calculating your retention rate on a regular basis, being consistent in your retention formula and sharing results with key stakeholders.

Retention 169
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Are you getting the most out of your retention data?

Association Analytics

If you’re responsible for member retention, you have your renewal rate committed to memory, right? You are most likely doing everything you should -- calculating your retention rate on a regular basis, being consistent in your retention formula and sharing results with key stakeholders. Retention rates aren’t one dimensional.

Retention 192
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Give Your P2P Events New Energy with Activity Tracking

sgEngage

If you have donated money to a quirky aid event focused on snorkeling or a unique chess fundraiser, you know that fundraising events have evolved far beyond the typical 5K runs, cycling events, and charity walks. Before you decide to launch an activity-tracking P2P event, remember that “activity” does not automatically mean sport.

Track 93
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How to Use Data to Drive Your Content Strategy

Association Analytics

But it also means tons of content for you to produce and tons of sources to track. This will ultimately save you time and money, and provide members with more value that leads to increased engagement and retention. Let’s use course registration as an example. Ask and observe your members. If it does, great!

Taxonomy 169
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6 Effective Donor Retention Strategies for Small Nonprofits

NonProfit Hub

This means that your nonprofit must first master the art of effective donor retention. . There are several reasons donor retention is so important for nonprofits: First, it’s much less expensive to ask a donor to give again than to perform enough outreach to acquire a new donor. . Lead them to event registrations.

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How to Convert Peer-to-Peer Event Participants into Monthly Donors

sgEngage

Experiment with Journey Mapping A colorful visualization of the constituent experience, journey mapping is a model that helps you track how and when you engage with supporters and when and why they make the giving choices they do. It’s a common practice for commercial enterprises. Team Diabetes knew its P2P endurance event was flatlining.

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How to leverage business analytics insights with Association Management Software (AMS)

Nimble AMS

The analysis gives insight into your operations, helping you determine if your organization is on the right track or moving in the wrong direction. With predictive analytics, associations can boost member retention by leveraging past behavior to predict if a member is unlikely to renew, and then intervene before losing the membership.

Analytics 134