Sponsored Content Revenue Strategies For Associations
Sponsored Content Revenue Strategies For Associations
According to a Lead Marvels article, the primary challenge facing many associations today is the generation of non-dues revenue. With traditional revenue streams like dues and events plateauing or declining, sponsored content emerges as a significant opportunity for professional member associations to diversify and expand their income sources. The following paragraphs highlight a few sponsored content revenue strategies for associations.
Despite the high demand from advertisers and vendors for sponsored content, many associations struggle to initiate or scale such programs effectively. Moreover, there’s a concern among association leaders about maintaining alignment with their organizational mission while adding value to members through sponsored content.
Several associations have shared their experiences and insights into sponsored content programs. For instance, the National Association of Mutual Insurance Companies (NAMIC) is looking to broaden its sponsored content offerings in response to vendor demand. By allowing vendors to showcase expertise without turning it into a sales pitch, NAMIC aims to create a win-win situation for both vendors and members.
Similarly, the Investment Adviser Association (IAA) has seen early success with its sponsored content platform, “IAA Access,” which offers customizable options for sponsors to share expertise and humanize their brand. This initiative not only generates new revenue but also enhances thought leadership and member engagement.
The American Retirement Association (ARA) integrates sponsored content across various platforms while upholding editorial integrity and maintaining control over content quality. By adhering to its mission and ensuring member value, ARA has successfully implemented sponsored content programs across its channels.
IEEE has a long-standing sponsored content program focused on providing educational value to members while accommodating sponsor goals such as lead generation. By evolving its content distribution strategies, IEEE ensures that sponsored content reaches a broader audience while aligning with its commitment to quality.
The Association of Corporate Counsel (ACC) overcame challenges by partnering with Lead Marvels to launch an interactive Resource Library, generating significant non-dues revenue. This scalable platform caters to sponsor needs for lead generation while delivering expert knowledge and solutions to members.
Overall, these case studies illustrate sponsored content revenue strategies for associations and the potential of sponsored content to address challenges while enhancing member value and engagement when implemented strategically and aligned with organizational goals.
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