Association Insight International & European | Page 46

Association Insights | Association Success Story Activities In order to achieve the Institute’s strategic goal of amending our value proposition and expanding our membership into non-traditional markets, the Membership and Marketing Team proposed developing an electronic only, paid student membership category. This proposal, along with market sizing data, was presented to the Institute’s Membership and Marketing Committee (MMC) in Autumn 2012. It was agreed that additional research around the content and pricing of the offer be undertaken and presented at the next Committee meeting. Developing an offer to meet students’ needs at an appropriate price point was central to the eStudent offer’s potential success. Extensive research was undertaken by the IBMS Membership and Marketing Team with student focus groups and via surveys, indicating that students wanted information tailored to their needs and would prefer to be communicated with electronically. Having secured MMC approval to begin development of the eStudent offer, the research undertaken with students, price comparison and further financial modelling was undertaken and a price point of £10 was proposed by the Membership and Marketing Team and approved by the Institute’s MMC in April 2013. time for the product launch to coincide with the beginning of the academic year in order to achieve maximum impact and uptake. Partners • Clip Creative, Designers • ArtOneZero, Web Supplier • FormulaCRM, CRM Database Supplier Challenges Persuading some IBMS Executive Heads and Council of the need for change regarding the Institute’s student offering proved difficult at first. However, this was overcome by marketing the Institute’s current student offer to course and admissions tutors of non- IBMS accredited university courses, with coded application forms sent. No application forms coded to this campaign were returned. As the IBMS had not previously offered online joining, this had to be set up from scratch. This involved liaising between four different teams – database support, internal website team, external website support and the Membership and Marketing Team. Setting up a discrete renewals and upgrades process for eStudent members, who are admitted throughout the year rather than at quarterly intervals, as is the case other IBMS membership grades. The main technical issue that came up after the go live date was the appearance of duplicate records on the IBMS member database. Some students submitted multiple online joining applications, resulting in multiple records for that student appearing on the member database. This was overcome through additional testing and website development after the go live date. The Membership and Marketing team then began work with our web supplier and database manager to develop an online only offer. This involved developing and hosting an automated online joining and renewal process and creating of a microsite on the main IBMS website featuring eStudent branding and developing tailored content. The student research was used to develop the tailored content on the eStudent microsite and an eNews roundup. The online only membership prompted the development of an online version of the IBMS journal The Biomedical Scientist. In partnership with our publisher. The Head of Communications worked with a designer to develop a brand and logo that would feel like it was part of the IBMS brand, creating a sense of community, but with a distinct identity of its own - emphasising the modern, electronic nature of eStudent membership. The branding was used for the eStudent website and all eStudent promotional materials. The Head of Communications developed a marketing plan for the offer and system testing was undertaken by the Membership and Marketing Team. Although it meant working to very tight deadlines, work was completed in 46 | © Associations Network 2015 Success Factor s The move to an online only offer and the removal of the requirement for students to be on an IBMS accredited degree course, enabled the Institute to offer a competitively priced student membership to a far wider potential market. The research the Membership and Marketing Team undertook was central to delivering an offer that was attractive to students while being cost effective for the Institute. It was important that the pricing of the offer was developed in conjunction with student focus groups. A £10-15 price point was considered fair by student focus groups and competitive when considered alongside the pricing of similar organisation’s student membership fees. We considered the £10 price point recognised the financial pressures faced by students, while providing good value and covering the cost of the offer to the IBMS. Financial modelling based on £10 and £15 price points way also key, indicating that the predicted increase in student uptake at the £10 price point would generate greater income than the £15 price point. Modelling indicated that the £10 price point would cover the Institute’s costs and start generating income by year 2 of the new offer. The online nature of the eStudent offer also meant that unique content including; electronic journal access, careers advice and guidance and tailored webinars are all accessible online, ensuring equality of access to students across the UK and overseas and enhancing overseas student recruitment. www.associationsnetwork.org