Membership Renewal Best Practices
Renewals of membership contribute to an organization’s long-term viability. A high renewal rate indicates that members are more likely to stick around in the long run as they work together to achieve their goals. While some associations may have low retention rates due to relocation or budget cuts, 75 per cent or higher is the ideal member retention rate.
Similarly, bringing on new members can help you achieve your goals faster. It also indicates that you can generate a revenue stream to help your organization meet its financial objectives. This blog will reveal 4 ways to ensure association membership renewal in 2022.