Industry Insights
From the Association TV Thought Leaders

Your Association's Relevancy Erodes Every 8 Seconds.

A boomer leaves the workforce every 8 seconds. That means that they are leaving associations at the same rate. Millennials are filling the positions in the economy, but they are not necessarily filling the vacancies in association membership. Are you up for the membership challenge?

John Heppenstall Posted by John Heppenstall on Dec 12, 2018 7:32:01 AM

Every 8 seconds another boomer retires. This means that your membership is shifting to a millennial base. Are you doing enough to engage and inspire this digital first generation?

 20 years ago, association's had it pretty good.  Boomers were joiners. When they joined, they were loyal.  The fact of the matter is it would take something cataclysmic for them to quit. It was a very predictable model and for the most part - easy to manage.  Now, boomers are exiting the workforce, and with that, they are leaving associations.  Millennials are replacing boomers in the workforce, but not necessarily in association membership. Millennials are not joiners.  They are definitely not as loyal as their older counterparts.  

What does this mean for associations?

In the next 5 years, associations will need to change the way they do business, or risk demise.  An expectation of reduced or even free membership is just around the corner.  Millennials that do become association members will expect a digital experience first that will entertain them while they consume content. Associations will have to step up their content game to engage millennials with posts that inspire - and can only be accessed as an association member.  

Economy Slipping

As the economy begins its inevitable cyclical slide, the shortcomings of associations still mired in a boomer model will be exposed and exacerbated.  Will you be one of the fortunate few that not only survives the shift, but benefits from the winds of change?

To learn more about how you can engage your growing millennial membership, click on the button below. 

Contact Association TV

Association TV® is a division of WorkerBee.TV

John Heppenstall is Director of Marketing for WorkerBee.TV.

 

Topics: Insider

Leave A Reply

Get regular posts to your inbox that create lasting value for your association. 

You're busy.  We get that.  Get what you need to leverage the power of video in bite size pieces from the thought leaders at Association TV®.  Fill out the form below and we'll send you a monthly email with the latest blog posts that are thought provoking and value based.  You can unsubscribe at any time.  

View our Privacy Policy

 

Subscribe Here!

Recent Posts