Real Magnet

One Weird Trick to Increase Member Renewals

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One Weird Trick to Increase Member Renewals

Have your member renewals stagnated? Try this trick to increase them.

A series of bland renewal notices don’t show your members the value of continuing their membership. Connect the dots by customizing your renewal emails to each member.  Use specific examples of activities they participated in, such as the annual conference or educational webinars, committees they serve on, or other benefits they took advantage of. By highlighting and personalizing the value they have received by being a member of your association will make it much easier to justify renewal. Once the member renews – send them a thank you note – and stop sending renewal notices.

Companies that have adopted marketing automation perform well compared to companies that haven’t:

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Capture intelligence for the sales team, compared to 25% without marketing automation
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Can use intelligent targeting to trigger content, compared to 17% without marketing automation
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Regularly repurpose content for efficiency, compared with 28% of companies without marketing automation

The Lenskold Group, “2013 Lead-Generation Marketing Effectiveness Study” (2013)

Become A Marketing Ninja with our Engagement Scoring Guide!

Various theoretical approaches to lead scoring have been bandied about for quite some time, but it’s difficult to find an actual scoring model. With hundreds of clients and a Marketing Automation solution designed specifically for marketers, Real Magnet is pleased to offer a Scoring Model in the hope that industry professionals will find it useful.