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NCVO Funding
Conference 2014
Generating income in a complex
environment
Sponsored by:
Membership, Money and Mission – how
to put membership at the heart of your
income strategy
• Steve Cole
• Gillen Knight
• Claire Cousins
My background
6 Key Drivers for changing
nature of membership
1) Changing sources of identity
2) Changing attitudes to money and
consumerism
3) Increasing availability of free information
4) The rise of the social web
5) Changing expectations of participation
6) The commodification of membership
Gillen Knight
Head 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
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:
@GilJKnight
 Fundraising through
members
 Trading with members
 Introducing members to
suppliers
It’s got to be mission driven, and
simple to understand
@GilJKnight
+ =
It’s still got to be mission driven
@GilJKnight
Practicalities
@GilJKnight
 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!
Further support
@GilJKnight
 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
Sponsored by:
Sponsored by:
Sponsored by:
Sponsored by:
Sponsored by:
Sponsored by:

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Membership, money and mission - how to put membership at the heart of your income strategy

  • 1. NCVO Funding Conference 2014 Generating income in a complex environment Sponsored by:
  • 2. Membership, Money and Mission – how to put membership at the heart of your income strategy • Steve Cole • Gillen Knight • Claire Cousins
  • 4.
  • 5.
  • 6. 6 Key Drivers for changing nature of membership 1) Changing sources of identity 2) Changing attitudes to money and consumerism 3) Increasing availability of free information 4) The rise of the social web 5) Changing expectations of participation 6) The commodification of membership
  • 7. Gillen Knight Head 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
  • 11. 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
  • 12. Then move on to mission driven income generation through your members. Innovate by: @GilJKnight  Fundraising through members  Trading with members  Introducing members to suppliers
  • 13. It’s got to be mission driven, and simple to understand @GilJKnight + =
  • 14. It’s still got to be mission driven @GilJKnight
  • 15. Practicalities @GilJKnight  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!
  • 16. Further support @GilJKnight  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