Association executives are facing pressure to ensure the stability and viability of revenue sources of their organisations. Diversifying sustainable revenue streams is crucial amidst challenges like talent shortages, market fluctuations, and digital transformation.
In this edition of Associations Evolve 2024 & Beyond, our CEO and Founder, Deanna Varga offers up eight strategies for boosting and diversifying revenue. You can download the magazine here and read the article on page 103.
She examines the benefits of internal reviews to optimise existing activities, focusing revenue streams on organisational missions, examines the concept of offering tailored insurance programs, collaboration with like-minded organisations, exploring self-regulation opportunities, partnerships and sponsorships, providing educational opportunities such as online courses and micro-credentials, and white labelling services.
Is your organisation considering its own revenue growth or looking at strategies to boost revenue? If so, why not reach out to Deanna for a chat via deanna@mayvinglobal.com or phone Deanna on +61 438 664 647.
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