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The connection between association CRM and improved member retention

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Published
December 27, 2024

Member retention meaning and its impact on associations

Understanding what member retention really means
When we talk about member retention, we’re simply referring to how well an organisation can keep its members engaged, satisfied, and, most importantly, renewing their membership year after year. It’s a lot like running a pub quiz team - you want to make sure everyone’s still excited to turn up next Thursday, ready to show off their general knowledge (or at least eat the snacks).

For associations, member retention is more than a number. It’s a direct reflection of how well you’re meeting the needs of your community. It tells you whether members are finding value in your offerings and if they feel a sense of belonging. While attracting new members is important, keeping your current ones is often the bread and butter of maintaining a thriving association. So, let’s dig a little deeper into why member retention matters and what you can do to boost it.

Why retention rates matter more than you think

Retention rates as a health check for your association
Think of retention rates as a bit like your annual health check-up. A high retention rate means everything’s ticking along nicely - members are happy, they’re engaged, and they see the value in sticking around. A lower retention rate, however, might suggest something’s amiss. Perhaps your programmes aren’t resonating, or members feel disconnected.

From a practical perspective, retaining members is significantly more cost-effective than finding new ones. New members require recruitment campaigns, onboarding processes, and plenty of initial hand-holding. Retained members, on the other hand, already know the ropes, are likely to participate actively, and might even become ambassadors for your organisation. Plus, they’re the ones who’ll happily tell prospective members how great your association is - like a glowing online review, but better.

Measuring retention rates: Not just about percentages
Tracking retention rates might feel like staring at a spreadsheet, but the insights you’ll gain are worth it. SwiftFox’s reporting tools, for example, can help you analyse trends and uncover patterns. You can see which segments of your membership are thriving and which might need a bit more attention. For example, are younger members dropping off faster than more seasoned ones? Are people renewing after their first year but not their second? Identifying these trends allows you to take targeted action.

The many ingredients of member retention

Creating value that members can’t ignore
At the heart of retention lies one simple question: are your members getting what they came for? And more importantly, are they getting something they didn’t even know they needed? Whether it’s professional development, networking opportunities, or simply the sense of being part of something bigger, your value proposition has to hit home.

For instance, if your association is geared towards architects, are you providing cutting-edge resources on sustainable building practices? If it’s a local gardening club, are you hosting workshops on composting or offering members discounts at the local garden centre? Tailoring your offerings to your members’ interests is the first step to ensuring they stick around.

Consistent communication: Not just spammy emails
Keeping members engaged often boils down to how you communicate with them. No one wants to feel like they’re just an email address on a mailing list. Personalisation is key. Use data to segment your members and send them content they actually care about.

For example, younger members might be more interested in online webinars, while long-standing members might appreciate in-person networking events. SwiftFox’s powerful CRM features make it easy to create these tailored experiences, ensuring your communications hit the mark.

Building a sense of community
People join associations for connection - they want to meet like-minded individuals, share experiences, and feel part of a larger network. To foster this, your association should actively build opportunities for members to connect, both online and offline.

Whether it’s a lively discussion forum on social media, a casual meet-up over coffee, or a mentorship programme pairing newer members with those who have been around the block, these touchpoints create lasting bonds. And when members feel like they belong, they’re far less likely to leave.

Using technology to strengthen retention

Leveraging SwiftFox’s retention insights
Sometimes, the best way to figure out how to keep your members is to understand why they’re leaving. That’s where SwiftFox’s AI-powered member retention tools come in handy. By analysing your association’s data, these tools can identify members who might be at risk of dropping off.

For example, these tools might help you identify that a particular member hasn’t engaged with any events or communications in months. Armed with this insight, you can take proactive steps to re-engage them - perhaps with a friendly phone call or a personalised invitation to an upcoming event.

Feedback loops: Listening is just as important as talking
Your members are your best source of insight, so don’t be afraid to ask them what they want. Regular surveys, quick polls, and feedback forms can provide invaluable information. SwiftFox’s powerful form builder enables you to build surveys and collect these insights directly from your members.

But it’s not enough to gather feedback - you need to act on it. If members consistently say they want more career development resources or better networking events, prioritise these areas. Showing that you’re listening builds trust and demonstrates your commitment to their needs.

Retention isn’t a one-time effort

The long game of member satisfaction
Retention is not a one-and-done activity. It’s an ongoing process of listening, adapting, and delivering value. By focusing on the needs of your members and consistently exceeding their expectations, you can build a community that members are proud to be part of.

With tools built into SwiftFox, the process becomes much more manageable. From tracking retention rates to identifying at-risk members, it equips you with the insights you need to keep your association thriving.

In the end, member retention is about relationships. And just like any good relationship, it takes effort, attention, and a bit of creativity. So keep checking in, keep showing up, and keep surprising your members with how much you care. They’ll thank you by sticking around.

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