“Membership dues refer to the price members pay to be in your association, chamber, nonprofit or organization. They’re called dues instead of fees because association and chamber memberships are usually paid recurrently. A “fee” implies that it’s a one-time payment. Dues are structured in one of several models based on what makes the most sense for each organization. These include multi-year, annual and monthly dues”
Gated levels of membership benefits enable the option to upgrade or upsell members willing to pay more for added benefits. Crafting unique offerings can attract new member with niche needs and novel circumstances.
Member retention can increase when members are satisfied. Membership tiers provide flexibility and options which can increase membership satisfaction.
Segmenting membership populations based on tier level can offer unique data to deliver better services over time.
Not all charters allows memberships. Making governance changes may require a paid business attorney.
Members will be entitled to benefits in return for dues.
Members may insist on special privileges, like higher decision-making roles. Distributing power may require greater time, energy, infrastructure and process. This may not be a capacity the organization is prepared to take on.
Annual dues can result in a set-it-and-forget-it mind set, which can impact engagement.
Annual Renewals don’t offer good metrics for satisfaction overtime. So it’s harder to know if member value the services provided until they renew at the end of the cycle.