Article Membership 3 min read
Three Ways to Create Forever Members
Has membership fatigue set in with the people your association serves? A forthcoming book explores how associations and subscription-based businesses can work to create āforever transactionsā with their members, delivering value that lasts a lifetime.
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āTis the season for year-end renewals, and not just for associations.
In the digital, subscription-based economy, many products and services operate on annual or monthly renewals. And lately, Iām experiencing what Robbie Kellman Baxter, president of Peninsula Strategies, calls subscription fatigue (opens in a new tab).
In the last month alone, Iāve received almost a half-dozen renewal noticesāfrom my cable service and magazines to credit cards and apps that renew on a yearly basis. I even have a quarterly subscription service (opens in a new tab) for my toothbrush. Every time I get one of these notices, I ask: āDoes this product or service add up to real value in my life?ā
While the subscription economy is growing (opens in a new tab) at breakneck speed, there are times when anyone can fall out of love with a membership. Thatās obviously a problem for associations. But in her forthcoming book The Forever Transaction (opens in a new tab) (due out in March), Kellman Baxter has some advice for combating membership fatigue, gathered in interviews with association and business leaders who revealed essential elements that contribute to member loyalty and result in lifelong relationships.
I asked Kellman Baxter a few more questions about what it takes to deliver member value that lasts a lifetimeāin her words, to create a āforever transaction.ā She highlighted three essential actions.
Find the right product-market fit. Associations often forget to analyze how their products and services fit into their membersā lives, Kellman Baxter says. In a push to deliver as many products as possible or to be āall things to all people,ā associations miss the opportunity to bundle valuable things togetherāsuch as content, online education, and in-person eventsāin packages that are well suited to an audience segment.
āIn the case of associations, you might want to focus on members by where they are in their careers or how deeply they want to engage with your organization,ā she says. And a word of caution: āIf you reach out to people with an offering that doesnāt deliver, you will disappoint them, get negative feedback, and maybe get distracted from serving the people youāre best able to serve.ā
Treat members like neighbors. A little empathy can go a long way toward establishing member loyalty. Kellman Baxter says many successful associations and membership-based businesses perform a simple thought exercise to create human-centric engagements: They think of each member as a next-door neighbor.
āIf your next-door neighbors were members of your organization, what kind of advice and insight might they gain?ā she asks. Because of their close relationship with you, āthey might be getting a concierge-level experience, combined with insider information. Ideally, every one of your members should have that experience too.ā
Use technology to reduce friction. In a recent article published on LinkedIn (opens in a new tab), Kellman Baxter argues that associations are up against a lot of new competition, especially from Silicon Valley tech firms seeking to create forever members through seamless interactions and engagements.
She cites LinkedIn, Amazon, and Salesforce, which have created successful relationships with customers by utilizing digital technologies like content streaming, one-click purchasing, recommendation and referral search, and artificial intelligence. To keep up and meet membersā expectations for a seamless experience, associations need to adopt similar technologies.
āIād say the best place to focus is to remove any friction from the process of membership,ā Kellman Baxter says. āMake it really easy to join, but also make it easy to get the most out of membership, and even make it easy to cancel.ā
What strategies have worked well to boost member loyalty at your association? Post your suggestions in the comments below.
(Natali_Mis/iStock/Getty Images Plus)
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