Demonstrating Value to the Choosiest of Members

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+ Demonstrati ng Value to the Choosiest of Members Kim Harwood President Results at Hand Software LLC Aaron D. Wolowiec MSA, CAE, CMP, CTA The Meetings Coach Event Garde LLC

Transcript of Demonstrating Value to the Choosiest of Members

Page 1: Demonstrating Value to the Choosiest of Members

+Demonstrating Value to the Choosiest of Members

Kim HarwoodPresidentResults at Hand Software LLC

Aaron D. WolowiecMSA, CAE, CMP, CTA

The Meetings CoachEvent Garde LLC

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Facilitator Introductions

Kim Harwood Aaron Wolowiec

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3+Networking Activity

FIRST – Stand and find a partner (preferably someone you don’t know).

NEXT – Move someplace where you can be comfortable standing and talking together.

THEN – Introduce yourselves. Include name, position, organization and one reason you decided to come to this session.

FINALLY – Exchange business cards.

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4+Learning Road Map

ROI vs. ROL

Technology trends

Engagement measurements

Best practices

Wrap-up

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5+Education Equation

Education Engagement Loyalty Retention Return

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6+Return on Investment (ROI)

A performance measure used to evaluate the efficiency of an investment.

ROI = x 100

Revenue – InvestmentInvestment

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7+Joe’s Pizza

If you buy 20 shares of Joe’s Pizza for $10 a share, your investment cost is $200.

If you sell those shares for $250, then your ROI is ($250-200)/$200 for a total of 0.25 or 25%.

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8+Return on Learning (ROL)

A derivative of ROI used to evaluate the efficiency of an organization’s learning investments.

ROL = x 100

Total Benefit – Total Cost

Total Cost

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9+Case Study: NSA Convention

Costs for attending the meeting = $ 2,000

Total benefits from ideas implemented

= $ 10,000

3 bookings at $2,500 each = $ 7,500

6 months of increased product sales

= $ 2,000

Savings on printing with new vendor

= $ 500

ROL = x 100 = 400%

$10,000 – $2,000$2,000

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Technology Trends

Average consumer has

digital devices!4

18-29 30-49 50-64 65+0%

20%

40%

60%

80%

100%

Cell Phone Owners by Age

Hours ON Mobile by Age

10%

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+Technology Trends

The difference a decade makes!

2005 2015Samsung Galaxy S6• 16MP • 2988 x 5312 pixels• Optical image

stabilization

Nokia N90• 2MP • 1600 x 1200 pixels• 8x digital zoom

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13+Engagement Measurement

Membership Attendance Revenue Surveys Ask in

conversation

Traditional Interactive Social listening Feedback Forum/chat room Track actions Track interactions

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Engagement Measurement

Mission:Promote quality

Represent specialty and

interest

Advocacy

EducationLeadership Developmen

t

• Extend Engagement• Portability/Usability• Response to

Member Feedback: Image Gallery

• Practice Tests

Goals Engage Measure Change

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Engagement Measurement

Who uses the app How often What is studied How long How test scores compare

Metrics tell a story about

your member’s engagement

experience!

331 users in 3

months

1,064 sessions

Chapter 3: Most notes, highlights & bookmarks

9 min. duratio

n

52.9% iPad

27%iPhone

73% average test score

13,809 page views

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Engagement Measurement

Ohio ACEP Board Review eBook

Book sales App study frequency Practice test results Feedback Study duration Top content Survey CME awarded

interaction rate/scores

Goals Engage Measure Change

Share your Value!Study our book for as little as 15 minutes everyday to pass the Board.

Students who scored 80% or better on the practice test set passed the Board.

Stats are for illustrational purposed and not representative of OHACEP.

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Best Practices

Put an end to the “Firefighter Syndrome”

Develop enduring mobile technology

Promote member engagement and success

Leverage real-time data for industry partners

Crowdsource high-demand industry subjects

Illuminate professional goals and objectives

Connect members with personalized resources

Establish a robust resource forum

Evaluate the association’s resource pool

Increase organizational efficiencies

Generate measurable ROL data

Macro-level Goals Micro-level Objectives

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18+Value: Homework Assignment

FIRST – Brainstorm a list of the short- and long-term value your organization’s meetings and events offer members.

NEXT – From the list of responses, select your clearest ideas for each program.

THEN – Develop and implement a plan to more effectively market this value proposition to members.

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19+Value Proposition

An innovation, service or feature intended to make a company or product attractive to customers through effective marketing.

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20+Value Proposition

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Effective Marketing

1. Branding

2. Differentiation

3. Value 3. proposition

4. Voice

5. Brevity

6. Channels

7. Testimonials

8. Images

9. Sample content

10. Volunteers

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Action Item Resource(s) Completion Date

1.

2.

3.

4.

5.

Accountability Partner: Contact Information:

Next Steps

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Are you Ready for Mobile?

Find out in less than 10 minutes!

Visit the link: bit.ly/1PU0FKo Answer the set of 16 questions Receive your mobile readiness

score and personalized resources

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24+Resources

Strategic Mobile Trends for Associations in 2015 and Beyond

If Events Could Talk: 10 Strategies for Fueling a Powerful Voice

How to Define the Best Conference App

Mobile App Best Practices Brief

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Contact Information

Kim [email protected]

Aaron D. WolowiecMSA, CAE, CMP, CTA

The Meetings [email protected]