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The strength of a trade association lies
in the allegiance of its members. This
connection depends exclusively upon the
value of an association's range of member
benefits. Delivering benefits often times
requires association funds: an activity
that adds pressure on member dues. Maintaining
a competitive dues structure plays an
important role in association membership
growth and retention.
A key advantage to sponsorship of a workers'
compensation trust is that there is no
expense to the association or its members.
In fact, trust sponsors enjoy the benefit
of a low-maintenance revenue stream while
their members reduce their workers' compensation
costs. It's no secret that the combination
of stable dues and increased member benefits
results in a win-win situation for associations
and their memberships.
Trust sponsorship holds great promise for
associations looking to grow. The Trust's
marketing and sales team acts as your
association's representative. Prospective
members become aware of the relationship
between your association and the trust
and see the immediate benefit to join
as a result. With the cost of adding members
as high as it is today, this benefit alone
is reason enough to seriously consider
sponsorship.
Here is a summary of some of the major
benefits that come from trust sponsorship:
- No-cost membership retention and recruitment
marketing assistance
- A lucrative sponsorship royalty arrangement
to help fund membership and technical
assistance initiatives
- Increased visibility with prospective
members and an expanded presence with
current members
- A voice with Oregon regulators to
protect your members' best interests
on matters concerning workers' compensation
- Immediate credibility with your members,
prospective members and members of
the Northwest's trade association
community
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