Association Insight International & European | Page 47

Association Success Story | Association Insights Results Within six months of launch the eStudent brand, we have more paying eStudent members than we had free student members in all of the previous year. The 2013-2014 membership year saw 1,675 paying eStudent join the IBMS – exceeding the 1,052 total of Free Associate members for the previous year, and exceeding our eStudent recruitment target by over 200%. Rather than a predicted first year loss of £5,325 in the first year of the eStudent offer, we achieved total cost saving of £24,792. We have also expanded our membership base into nonIBMS accredited Universities, with over 15% of our eStudent members from non-accredited Universities compared to 0% under the Free Associate offer. We have succeeded in diversifying the year groups of student members of the IBMS. Under the Free Associate offer 96% of student members were in their final year, however, under the new eStudent offer only 60% of student members are in their final year at University. This diversification provides opportunities to generate further income through eStudent membership renewals as students progress through their courses. We have also expanded our international reach to areas where the IBMS has not traditionally had overseas branches, including; the Philippines, the Netherlands, Belgium, Kenya, India, Malaysia, Portugal and Malta. Sheffield Hallam University was impressed by the eStudent offer, purchasing group membership for all their first year Biomedical Science BSc students. eStudent promotional postcard Since opening for joining for the 2014-2015 membership year, we have seen a 17% increase in eStudent joiners compared with the same time period last year. We have also seen two additional Universities purchase group membership of their students (Lancaster and Coventry), with Sheffield Hallam increasing their purchase of group membership, leading to 135% growth in the number of eStudents whose Universities have purchased group members on their behalf. With no development costs to account for in our second year of the eStudent offer we look forward to achieving even greater cost saving than in 2013/4. What you would do differently Build in a longer lead time for the testing of the new online systems and database additions. Dedicate more staff resources to developing content for the offer. Conclusion The IBMS eStudent brand extension has delivered a substantial cost saving, grown and diversified our student membership and provided a platform to build a strong relationship with our student members. Within six months of launch the eStudent brand, we have more paying eStudent members than we had free student members in all of the previous year. The eStudent brand has also delivered growth in students from non-IBMS accredited universities, overseas students and students in a wider range of year groups joining the IBMS. The development of an appealing, low cost eMembership that can be rolled out across our membership categories also enables the IBMS to keep pace with technological developments and offer members their preferred methods of communication and publication access (as reported in surveys on IBMS member benefits and communications). To see feedback from this project, visit www.associationsnetwork.org/SuccessStories www.associationsnetwork.org © Associations Network 2015 | 47