CS-Effect launched a new service “Corporate Sponsorship and Industry Engagement” designed to assist associations with identifying and implementing new approaches to increase revenue, engagement and ROI.
Last year, membership dues accounted for only 30 percent of revenue for professional associations, according to the American Society of Association Executives. Declining memberships due to retiring members and millennial members seeking opportunities elsewhere has caused associations to seek other revenue streams.
To address this issue, CS-Effect has developed a 3 phase approach to corporate sponsorship and industry engagement that includes an Industry Audit to determine the association assets; the development of the detailed corporate sponsorship and industry engagement plan and implementing the recommendations.
Learn more about the service here.