Revenue Solutions

What Are Association Tools? Association tools help automate the day-to-day operations of membership-based organizations. These productivity tools are part of association management software (AMS) and help streamline database management, financial administration, event planning, member communications, and more. The primary goal of best-in-class AMS is to help business, trade, and professional associations and chambers of commerce grow revenue, productivity, and member value. Association Management Tools for Revenue Generation Patience is a virtue – except when it comes to increasing revenue. Today’s […]

In today’s fast-paced digital world, embracing digital payments is no longer just a convenience – it’s a strategic advantage. At GrowthZone, we understand the unique needs of 501(c)(6) organizations like yours, and we’re here to help you thrive in the digital age with GrowthZone Pay. Why Digital Payments Matter:   1. Efficiency and Convenience:    Processing cash and check payments requires manual effort and resources, leading to inefficiencies and wasted time, such as on-clock trips to the bank, and time […]

Earlier this year, GrowthZone surveyed 332 associations and other member-based organizations across the U.S. and Canada for insight into the challenges and concerns of today’s association professionals. The results show several interesting trends impacting today’s associations, here are some key findings: Member growth and engagement are primary concerns for most associations, followed by issues related to time management and revenue generation. Lack of engagement is a key reason for members not renewing, along with factors like time constraints, perceived value, […]

GrowthZone surveyed 470 chamber of commerce professionals across the U.S. and Canada at the beginning of 2024. The results show several interesting trends impacting today’s chambers, highlighted below are some key findings: Despite engagement challenges, a majority of Chambers experienced a net increase in membership in 2023. Lack of engagement and time constraints are cited as primary reasons for members not renewing their memberships. Offering automatic credit card renewal could help mitigate these issues and improve retention rates. While many […]

When it comes to selecting an association credit card processor, the provider should be efficient, accurate, and affordable. Be sure your organization is looking at the whole picture when it comes to the “fine print,” as you’re shopping for a company to process credit cards for your association, You’ll need to understand each component, be aware of all costs involved, especially different rates. Most importantly, do your research. Read on for tips to help you understand what to watch for […]

In a blog post about how to get invoices paid faster, Turbine outlined 10 helpful tips for getting paid on time. Offer multiple payment methods If your association members have different options for payment, particularly online (credit, debit card, ACH transfer, etc.), and autopayments, they’ll pay faster. Be polite Small phrases like ‘please pay your association invoice within…’ and ‘thank you for your membership’ can make a big difference. It can increase the percentage of invoices paid by over five […]

How much time (and money!) does your association staff still spend on tedious billing, payment processing, and manual accounting tasks? Electronic billing enables staff to streamline their day-to-day tasks, increasing efficiency. ADVANTAGES OF ELECTRONIC BILLING For Associations: SAVES TIME & MONEY No need to mail invoices, process individual payments, and cash checks RETENTION Members love it CASH FLOW More predictable business planning AUTOMATION Payment information automatically updates your database EFFICIENT OPERATIONS Fewer collection issues and late bills For Members: CONVENIENCE […]

Year after year, GrowthZone chamber survey respondents have noted that less than half of their revenue comes from non-dues sources. In the 2023 survey again, 474 chamber of commerce professionals across the U.S. and Canada stated that 45% of their revenue comes from non-dues sources. Increase Non-Dues Revenue If you’re struggling to increase non-dues revenue, we can help. Read Using Technology to Streamline Non-Dues Revenue for 10 helpful tips you can implement quickly and easily, using technology you probably already have […]

It’s no surprise that when GrowthZone surveyed 388 association professionals across the U.S. and Canada at the end of 2022, the top non-dues revenue source listed was events. Successful Revenue-Generating Events How can you ensure success for your important revenue-generating events? When you spend a lot of time and money preparing for an in-person event for education, fundraising, networking, or membership building, the last thing you want is an empty room. Our guide, Before, During & After: The How-To Guide […]

Near the end of 2022, GrowthZone surveyed over 300 association professionals across the U.S. and Canada. The survey results show growing membership, member engagement/retention of members, and revenue/budget/funding are what worry your association peers most. (Can you relate?) Here’s a preview of more of the 2023 Association Survey findings: Member Engagement Leads to Member Retention Why do you think members don’t renew their membership with your organization? The majority of those surveyed cite a lack of engagement with the organization […]

The biggest challenges to growing membership include difficulty reaching prospective members and attracting and retaining younger members. NISSWA, MN – January 17, 2023 – GrowthZone, provider of association management software, has released its 2023 Medical & Healthcare Association Survey results. The survey polls medical and healthcare association professionals on membership practices including retention and recruiting; innovation and initiatives; revenue; and more. While over half of respondents say engagement is about the same as last year, lack of engagement is listed […]

Lack of engagement with the organization and lack of time to participate named the top reasons for chamber members not renewing. NISSWA, MN – January 17, 2023 – GrowthZone, provider of membership management software, has released its 2023 Chamber Industry Survey results. The survey polls chamber professionals on membership practices including retention and recruiting; innovation and initiatives; revenue; and more. 88% of respondents cited “to grow their network” as the top reason members join their organization, and “visibility within their […]