life milestones are the new generations

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Life Milestones are the New Generations Monday, March 14, 2016 10:30 – 11:30 am Trevor Mitchell, CAE @trevm22

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Page 1: Life milestones are the New Generations

Life Milestones are the New

GenerationsMonday, March 14, 2016

10:30 – 11:30 am

Trevor Mitchell, CAE

@trevm22

Page 2: Life milestones are the New Generations

Introduction

• 10 Years in Association Management

• Strong involvement within industry

• Gen X or Y (depends on ranges)

• Participated in various events on

generations

Page 3: Life milestones are the New Generations

When I Hear Someone Talk about Generations

Page 4: Life milestones are the New Generations

Utilization of Generations has Value

• Benefits

– Easy to compare with:

• Competitors

• Populations

• Research

– Generally understood

• Challenges

– Wide ranges within a

Generation

– Creates broad based

stereotype

– Different definitions

– Many don’t relate

Does this really help your efforts in

connecting with your members?

Page 5: Life milestones are the New Generations

Life Milestones

Generationsare

Page 6: Life milestones are the New Generations

Life Milestone Considerations

Page 7: Life milestones are the New Generations

Life Milestone Considerations

• What are the ways your members engage with the organization?

– Why do they join at various points?

– Why do they continue to renew?

– What is their evolutionary journey with you?

• Identify groups of people around a common effort

• Match benefits and value to those individuals

Page 8: Life milestones are the New Generations

American Mensa Case Study

Page 9: Life milestones are the New Generations

About American

Mensa

• Membership is

55,000+

– Age range from 4-

96 (+/-)

– Across the US

Page 10: Life milestones are the New Generations

Current Demographic Breakdown

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Homeland (2001-2020)

Millennial (1982-2000)

Generation X (1961-1981)

Baby Boomer (1943-1960)

Silent Generation(1925-1942)

Depression/GI NA

Member Demo New Member Demo Officer Demo

Page 11: Life milestones are the New Generations

How we are defining Life Milestones• What’s happening with our members?

• Collecting

– Description of Milestone Grouping

– What they want from Mensa

• When they join

• When they renew

• Continuous membership

• How

– Annual Member Satisfaction and Needs Surveys

– New Member Surveys

– Lapsed Member Surveys

– Demographic Data

Page 12: Life milestones are the New Generations

Life Milestone Breakdown

Member Segment/Persona

Number of Members

% of Membership

Net Promotor Score

Retention Rate

Youth (6-12) 2,138 4.3% N/A 62.4%

Teen (13-17) 1,866 3.8% N/A 62.0%

College (18-22) 1,134 2.3% 50 51.9%

Single 8,758 17.6% 0

Single with kids @ home 268 2.5% 17

Married no Kids 1,223 2.5% 10

Married with Kids @ home 1,139 2.3% 8

Total (22-45) 11,388 22.9% 5 57.1%Mid-Life (46-65) 18,349 36.9% 22 66.6%

Retired (66+) 13,240 26.6% 25 74.2%

No Age Reported 1,642 3.3% 11 68.5%

Total Membership 49,757 100% 16 88.8%

As of 7/15/2015

Page 13: Life milestones are the New Generations

Benefit Mapping

Page 14: Life milestones are the New Generations

Realizations

• Why haven’t we done this before?

• Harder to track than generations but worth

it!

• Identified member value/benefit gaps

• Focused more on aligning work to member

needs

• Doesn’t capture everyone, that’s okay.

Page 15: Life milestones are the New Generations

Example

• College (18-22) Target

• Lowest number of members

• What we provide socially they get

in College

• What makes us relevant?

– Connect them with industry

peers

– Bridge the gap of transition

Page 16: Life milestones are the New Generations

How You Can Apply This Process

• Think about your members

• What are the stages they go through in your organization

– Professional growth

– Continued education

– Community of peers

• When they join/why do they join?

• What value do you have at each one?

• How can you help them move to the next milestone?

• When do they leave & why?

Page 17: Life milestones are the New Generations

Final Thoughts

• This isn’t a new concept, it’s still target marketing

• Align more with their needs

• It takes time but worth it

• Approach may not work for everyone and that’s OK

Don’t be afraid to make a change. You may loose a

few things but you may gain something even better.

Page 18: Life milestones are the New Generations

Contact Me

Trevor S. Mitchell, CAE

Director of Membership & Strategy

American Mensa

[email protected]

817.607.0060 ext 5521

[email protected]

@trevm22

www.trevormitchellcae.com