Non-Dues Revenue—Can You Afford to Ignore It?
Like many businesses in America, these are challenging times for associations. Between tighter budgets, and changing demographics the traditional business model built on membership dues is in need of a tune-up. One way that associations meet the financial challenges created by changing demographics and tighter budgets is to seek other sources of revenue, non-dues sources of revenue. The need for non-dues revenue affects trade and professional associations alike, with the majority of associations relying heavily on non-dues revenue. On average, professional associations derive 65% of their revenue from non-dues sources, while trade associations rely on non-dues revenue for 59% of their [...]









