Category: Leadership Speaker

Now, More Than Ever, Associations Must Engage Members

 

In my role as an association keynote speaker, I know that now, more than ever, associations must re-engage their members. Association membership has been in trouble for quite some time, and membership loss and membership engagement with those organizations have worsened during the pandemic.

In February 1, 2018, Associations Now published the results of a Member Loyalty Study that listed several reasons why members did not renew their memberships to associations.   Of the top reasons, three of them deserve note here:

  • 34% of members who dropped out said it was too costly
  • 26% of members who dropped out said the association was providing little value
  • 9% of members who dropped out said the organization had declined in quality

Unfortunately, with the pandemic, these same problems increased.  Michael Hickey, also writing for Associations Now (September 25, 2020) noted:

“Losing members is an unfortunate reality for every association. This is especially true in 2020, when new outside pressures—particularly the financial turmoil caused by the COVID-19 pandemic—might have more people ready to cut membership fees out of their expenses, on top other reasons [reported above] that people let memberships lapse.”

Business as Usual or a New Mindset?

There is no doubt that 2020 was a year of “financial turmoil,” but as a keynote speaker for associations I know that to attribute membership declines and a lack of engagement to lockdowns does not tell the whole story.

Unfortunately, in some associations the decline has gone on for years. Ironically, associations are needed now, more than ever. The glue that holds professionals together is the professional association.

Jan Hill, writing for Onelegal.com, a website directed at law associations, listed 10 advantages to belonging to an association. Among those advantages were: getting your name “out there,” job prospects, mentoring programs, networking and resources. If we couple those advantages with the survey above, it is apparent that there is a vision and mindset problem because the advantages an association offers are exactly the things members need.

Associations should be “blasting off” with new members at this time – and they’re not. COVID should be serving as a catalyst for expanding association membership and not a damper.

What is needed is a new association mindset. Whether the association addresses financial services, accounting, agriculture, manufacturing or dentistry, members need the combined expertise and common bonds shared with like-minded people.

Does your association have the mindset and the vision to engage existing members and to attract new members? If, as the survey showed, more than a third of your members may be dropping out because they think it’s too costly, or if more than a quarter of your members have left because they see little value, what is your association’s vision for new programs or services or engagement messaging? Very seriously, if members are leaving because of the declining quality of your association’s professional benefits, what is the collective mindset for improving that quality?

As we are being led out of the pandemic, the association must be there to lead the way and to put a public face to your industry. A healthy industry must have healthy associations. It will take mindset, vision and grit.

 

 

Book Scott Burrows, association keynote speaker by contacting him through this website or his office at: (520) 548-1169

 

Are You Determined to Know the Truth About Insurance Sales?

 

My career as an insurance and financial services keynote speaker wasn’t something, I fell into one fine day. I learned the insurance and financial services industry from the bottom up. Despite personal and physical hardship and sacrifice, I made it into the Million Dollar Round Table in five years.

Keeping Current

It’s important to me that I keep current with the insurance and financial services industry from a motivational speaker point of view and also for my knowledge base. As I am a virtual as well as in-person speaker, I was interested in a link sent to me by an old associated that was entitled The Truth About Being an Insurance Agent. As it was published recently, I wanted to understand the current thinking.

As my passion is motivating insurance and financial services industry sales people to achieve their best, I was interested in the section in the article “Why do insurance agents fail?”

The authors listed several reasons including: unrealistic expectations due to a lack of renewals; a lack of sales mainly due to a lack of industry knowledge and sales savvy; inadequate lead generation; running a business can be overwhelming and focusing on commissions instead of the needs of the customer. While it is impossible to find fault with the points, they seem to fall short of the actual reasons for the failures.

Mindset, Determination and Grit

My philosophy of insurance and financial services sales is based on three underlying principles: mindset, determination and grit.

As to the issue of unrealistic expectations leading to a lack of sales, if this were the case, no one would go into the profession at first, nor would anyone focus on generating leads. Or, for that matter, who would create an insurance and financial services business or want to make a difference in the lives of their clients?

If a new agent has a realistic mindset about what it takes to create a business, if they are determined to go after business and to generate leads, if they have the daily grit to deliver exceptional customer service and to run an outstanding business, they will succeed.

My philosophy is not based on hollow words. When I entered the insurance and financial services business, I was still undergoing physical therapy following a horrific automobile that left me a quadriplegic.  In my recovery, I developed the mindset to see myself heal, the determination to do whatever I could to improve inch by inch, step by step and most important, to have the grit to get better and be better every day.

It’s Not Beyond Your Ability

Never think that success is reserved for other people, it is right there for you. If you are determined to be successful in the insurance and financial services business you can do it. When I was recovering from my accident, I was surrounded by many terrific people who encouraged and pushed my healing. No one pushed me harder than I pushed myself.

However, there was one type of “visitor” I never allowed in my life: negative people. On your road to success, there will be negativity.

The truth is this: you can be successful. Be determined to be successful and have the grit to build something great for yourself. Let no one tell you otherwise.

 

Book Scott Burrows, Insurance and Financial Services Keynote Speaker today, for your next convention or sales meeting, through this website or by calling (520) 548-1169