Case Studies: Ivy League Alumni Membership Club
Ivy League Alumni Membership Club
Problem
This Ivy League club’s membership base
has been trending downward. New memberships had not been
sufficient to offset this attrition rate.
Approach
A member Retention and Acquisition
program was developed to stem the decline. Strategies for membership growth focused on:
- Introduction of new club features
- A broader variety of benefits created based on market intelligence
- Additional sources of revenue
- New communication messaging to be applied to all on-line and off-line elements
- Double digit increase in Memberships in Year 1
- Net revenue increased 100+% in Year 1
Result
After years of slow membership decline, a program was launched that reversed this trend: