Key revenue streams:
- Memberships (incl affiliates)
- Ads
o Training providers (RTO’s, Uni’s, other)
o Retailers/wholesalers
- Events (conferences, symposiums, workshops, lunch & learns, festivals, etc.)
- Education (Training courses and workshops, certification, training programs, tele-seminars, lecture programs, webinars, etc.)
- “Clipping the ticket”
o commission for products (eg training courses or insurance) sold through the OLA
- Monetising data/Market intelligence/Benchmarking/Data Analytics (e.g. offer vendors research opportunities such as survey panels, focus groups or interviews with members, Subscriptions to industry statistics, Fees for conducting research/studies, Sales of member directory)
Other possible revenue streams
- Sponsorships (as distinct from recurring affiliate memberships, sponsorships are from businesses who may wish to support a particular project or seize a particular opportunity)
- Partnerships (eg RTO’s, Peak bodies, Skills IQ, Govt, etc)
- Donations/fundraising/auctions (unlikely to be a major revenue stream)
- Projects and Project management fees
- Grants
- Products/Merchandise sales (“swag”)
- Premium membership benefits (eg Subscription fee to access password-protected side of website)
- Raffles, lotteries, lucky dips, etc
- Publications and premium content (podcasts, youtube, etc)
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