SPT and True, a business consulting and marketing communications firm surveyed local non-profits and trade associations to learn how their marketing and communication channels have changed over the past few years and to assess how this group would grow in the second half of the decade.
The slow recovery, even in the resilient metro
Fifty percent felt a dramatic impact due to some regulatory change in their industry, including the Affordable Care Act. The other 50 percent attributed the impact to purely economic forces.
"We often over look the non-profit and association industry when we think about business recovery," says
The 2014 survey revealed that this business sector is still experiencing a budget squeeze with 57 percent anticipating a reduced operations budget for 2014, 43 percent reporting staying the same. Financial hardship is the main reason for reduced budgets but others cite a shift in marketing production and the use of in-house teams.
"Hiring in-house marketing and design staff is a double-edge sword," says
Survey respondents shared ideas about quality communications; such as there is a direct correlation between professionally designed marketing and communications materials and successful events. Organizations across the board recognize the need for quality communications to retain and grow their membership and contributions. A positive trend is the use of technology to target communications, reduce costs, and better define marketing. Non-profits and trade associations plan to increase their digital marketing by 7.5 percent nearly twice the amount seen in 2012 and 2013.
Read the complete survey results online at: http://bit.ly/1odO0K3.
About SPT and True
SPT and True--a business development and marketing communications firm--works with companies to connect their financial plan, business strategy, and rapid tactical implementation needs with the strategic business tools and guidance they need to move their business to the next level. Visit them online at http://www.thisistruecs.com/.
Read the full story at http://www.prweb.com/releases/2014/06/prweb11961451.htm
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