membership money and mission
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Gillen KnightHead of Enterprise and Membership, NCVO
Members, money and mission – how to put membership at the heart of
your income strategy
Twitter: @GilJKnight Linked-in: uk.linkedin.com/in/gillenknight
@GilJKnight
@GilJKnight
@GilJKnight
@GilJKnight
Start with the basics
• Start charging, if you don’t already, for some types of membership.
• Ramp up your recruitment. Simply get more members.• Get members on Direct Debit – up to four times more
sticky.• Ask. Ask members to regularly donate on top of their
membership fee.• Create Gold, Founder, Patron or other high value special
memberships.
@GilJKnight
Then move on to mission driven income generation through your members. Innovate
by:
Fundraising through members
Trading with members Introducing members to
suppliers
@GilJKnight
It’s got to be mission driven, and simple to understand
+ =
@GilJKnight
It’s still got to be mission driven
@GilJKnight
Practicalities Do you need to set up a trading company? VAT issues – beware – can be complex Reputation – need to manage the risks Don’t bet the farm Research, test, roll out rather than go in big Undertaken due diligence on any commercial
partners Team up with people who know what they are
doing, if you don’t. Be honest about this. Start with what you are good at Fail cheap, fail fast!
@GilJKnight
Further support NESTA - www.nesta.org.uk Funder and great
supporter of innovation NCVO’s Good Guide To Membership – From
www.ncvo-vol.org.uk/publications NCVO’s The Art of Raising Money – using
marketing to stabilise your income – From as above.
NCVO member helpline on VAT issues. www.ncvo-vol.org.uk/VAT-advice
Each other – network, stay in touch, share ideas