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Article Membership 1 min read

Data Nugget: For Member Renewals, Does a Carrot or Stick Work Best?

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Incentives

Percentage of associations that:

Offered a discount or other incentive

18.8%

Did not offer incentives

62.4%

Were considering this tactic

18.8%

Penalties

Percentage of associations that:

Charged penalties for late renewals

6.1%

Did not charge penalties

90.9%

Were considering this tactic

3%


Source: Membership  (opens in a new tab) Renewal Survey, Wild Apricot, May 2018

[This article was originally published in the Associations Now print edition, titled “Carrot or Stick?”]

Tags: #incentives #Membership #Membership Recruitment & Retention #renewals

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