Member Intelligence
Market segmentation, business intelligence, member intelligence, new member
sales, member retention and member relationship management are all
inter-related topics. All of them seek to answer questions such as:
- How do we demonstrate the value we provide to our members?
- How do we expand our influence?
- How do we increase our benefits to members and the community?
- How do we increase new member sales while retaining the members we already
have?
- Who are my most valuable members and why?
- Where should I focus my time to generate the best results?
- Which members are the most engaged?
- Which benefits sell better to specific member groups?
- Which members are most-at-risk and why?
- Who are my least valuable members and why?
Marketing intelligence and its counterpart member intelligence is all about
delivering the right message at the right time to the right audience in a way
that they will be most receptive to receiving. It sounds complicated, but the
key to it all is capturing data about your members, their activities and
preferences and having reporting tools that allow you to easily mine the data.
The 80 / 20 rule applies to almost every facet of business and it is easy to
spend 80% of your time working on activities for members that only generate 20%
of your revenue. With a limited staff and a limited budget you need WebLink’s
technology which will allow you to focus on the members who receive the greatest
benefit from your organization and who correspondingly generate the largest
percentage of your revenue. In short, WebLink allows you to focus on the
members, prospects and activities that matter most. Your target audience.
Collecting information about members when they first join and tracking their
ongoing activities is a key to extracting member intelligence when you need it.
High Tech Drives High Touch
- Collect initial and updated data on individual members (contact information,
industry, member anniversary, dues level)
- Track non-dues transactions (events, sponsorships, advertising, benefits
purchased, date of purchase, frequency of purchases)
- Track communications (emails sent and received, correspondence, phone calls)
- Measure marketing effectiveness (promotions offered and used, direct mail
campaigns, email invitations)
- Monitor engagement (attendance at events, benefit usage, volunteer activities,
communication frequency)
- Member referrals (e-mailing members with referral notices, rotating referrals,
tracking the number of referrals)
- Segment member groups (identify common patterns and characteristics)
Relationship building is all about understanding the needs, wants, interests
and concerns of your members and delivering programs, campaigns, events,
initiatives and targeted communications that meet their needs.
WebLink helps you convert member data to member intelligence that in turn drives
your activities. Who and when do you need to call a member? Who prefers email?
Which industries or categories are your best members? Where are your members
concentrated geographically?
To drive new member sales and retain existing members you need to add value,
increase engagement, enhance communication effectiveness and deliver results.
WebLink delivers real time information so you can deliver real time results.