According to the 2013 Membership Marketing Benchmarking Report, 52% of associations offer a Student membership category. At 71%, Student membership is offered most
frequently by individual membership associations.
When you take a look at existing programs, students are
typically offered a somewhat downsized membership package ranging from one year
free to a dues payment of between $25 and $50. Many Student programs are
presented very nicely and highlight the economic benefits and advantages that
are available through membership.
Here are some examples:
·
Association for
Computing Machinery makes five levels of Student membership available
starting at $19.
·
Society for
Industrial and Applied Mathematics makes free Student membership available
with some conditions, but Student members receive the periodical in an electronic
format.
·
American
Counseling Association has a Student membership that parallels their New
Professional membership at a $94 dues rate and includes professional liability
insurance.
However, in speaking with membership professionals, it is not always clear that there is a defined strategy for what a Student membership is attempting to accomplish. Here are some important questions to consider in building a Student membership strategy.
1.
How do
you identify eligible students for membership? If you build it, they will not come. And unlike established professionals or firms
in a field who can often be identified in marketing and licensure lists,
finding accurate contact information for students is much more
challenging. So a strategy needs to
include building a channel to reach students through schools, referrals from professors,
online ads, or a chapter structure.
2.
How do
you deliver value to these members? There
are many conversations today about the different needs of each generation. The needs of students will vary from your
typical member. So spend some time defining what will be of value to a student
and how they want to communicate. One dental
association, for example, uses a free booklet titled, “Keys to a Successful
Career in Dentistry” to encourage acceptance of a free membership and to demonstrate
relevance to potential student members.
3.
How do
you stay connected to students once they join? When you calculate retention
rates by membership category almost every group will find students have the
lowest renewal rate. Often the chief
challenge is not that students do not value the membership, but that the
association loses touch with them as they graduate and relocate. Therefore, it is critical to capture permanent
mailing address, phone, and email information from students. Requesting an opt-in for texting is also of
value.
4.
How do
you justify the economics of servicing students? Perhaps the most important
part of a Student membership strategy is building a sustainable economic
model. Do students ultimately convert to
a regular member who is engaged with the association? One way to determine this is to track the
pathway of students to full membership or do a computer match of previous
Student members and your current membership database. A smart strategy will evaluate whether the
economic commitment of acquiring, serving, and in many cases subsidizing
students ultimately leads to a committed member.
In the long run, today’s students are the future of any
organization. Developing a strategy on
how to reach them, serve them, retain them and building a foundation that makes
economic sense is time well spent for any membership organization focused on a
sustainable future.
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