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Business

Create Irresistible Member Value with These Four Essential Steps

IQnewswire
Last updated: December 10, 2024 4:29 pm
IQnewswire
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7 Min Read
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4 Steps To Creating Irresistible Member Value

Brands like Apple and Amazon have created so much value that consumers can’t get enough of their products and services. Your association needs to offer that same type of value to its members. A look at four ways to do just that.

Contents
4 Steps To Creating Irresistible Member ValueStep One: Narrow Your FocusStep Two: Find the Unmet NeedsStep THREE: FOCUS on What’s UNIQUE TO YOUStep Four: Choose Your Way to Play

When discussing member value in associations, we don’t want members to feel like we just gave them a bargain. We want them to love us. We want them to keep coming back. We want to be irresistible. We all have had that experience with brands. Apple products come to mind. (In fact, chances are that you’re using one to read this right now.) For another example, a client once told me: “If Amazon doesn’t sell it, I don’t need it!” That’s irresistible value.

The question is, how do you create that for your members?

The famous brand evangelist Guy Kawasaki said, “If you provide enough value, then you earn the right to recruit new customers.” Think about that in terms of membership—you have to earn the right to recruit new members by delivering enough value to deserve their membership. You must have the right to win.

Imagine a coach watching a player on the field and saying, “That kid has a right to win out there!” They’re saying they are the right player, playing the right game with the right skills for that moment. They’re saying she has the right “way to play.” If your association is the player, there are four steps to finding your “way to play” and creating irresistible member value.

Step One: Narrow Your Focus

If you want to be irresistible, you first need to ask yourself, “Who do I want to be irresistible to?” You don’t have the right to win every game, and you won’t have the right to win every member. The more narrowly you define your target, the more member value you will deliver. That may sound wrong to you. You want as many members as you can get, right? But the way to get (and keep) them is by segmenting them as clearly as possible.

One Sequence Consulting client earned the right to win by segmenting its audience based on their interests. Their research and data analysis revealed that doctors care the most about four things: advocacy, education, practice improvement, and patient outcomes. No matter their age or where they worked, at least one thing mattered greatly to every doctor they spoke to. 

By defining their way to play for each segment, they transformed their membership—and tripled their growth rate—in two years.

Step Two: Find the Unmet Needs

Your audience has many needs, as any member needs analysis will tell you. But one way or another, most of their needs are already met. You will find your right to win in the gaps—the unmet or under-met needs for which there is no other solution. Filling those gaps may be more challenging than it sounds. You must briefly forget your current offerings, have honest conversations with actual members, and listen openly to what they say. 

Their unmet needs may not end up being what you expected.

“The way to get (and keep) members is by segmenting them as clearly as possible.”

An international engineering society did just this. When they listened to their members, they heard that industry leaders needed space to collaborate in precompetitive ways on emerging technologies. In their current state, the industry could not legally do this. Stepping up to serve their members’ needs led to the launch of a multimillion-dollar new business.

Step THREE: FOCUS on What’s UNIQUE TO YOU

Every organization has unique assets and capabilities, things they have or do that no one else could easily imitate. It could be your reputation. It could be data or information. It could be your ability to bring people together. Your unique assets are the ingredients of your right to win—your best chance of winning is in places where no one else can play.

One global professional society struggling with growth was convinced it needed a new business model. However, an inventory of its capabilities revealed that it could only bring people across its entire industry from around the world together to get things done. Its content and training were excellent but not unique, and its events couldn’t be matched.

They more than doubled their business by doubling down on their power to convene.

Step Four: Choose Your Way to Play

The intersection of unmet member needs and your unique capabilities is the key to your way to play. If you meet the unmet needs of the right members in the right way when no one else can, you will have the right to win their membership. Your member value will be irresistible.

The examples here are real-world stories of associations going beyond giving members a bargain. They provide their members with something they need and cannot get elsewhere. They made themselves irresistible and transformed their businesses in the process.

For more on Member Value see  How The Executives Club of Chicago Doubled Membership With A New Member Value Proposition.

Chris Vaughan, Ph.D.

Chris Vaughan is the Chief Strategy Officer at Sequence Consulting, with over 20 years of experience helping associations grow. Specializing in membership and revenue strategies, Chris partners with organizations to deliver transformational growth and enduring change.

 

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