Originally Posted by
franklin_m
Even if one looks JUST at what the AMA contributed ($900 per your OP above), then that's an acquisition cost of $450 per member. That's pretty steep already, and doesn't include the total cost of the event. But even at $450 per member acquired, that means they'd have to remain members for over 5 years ... just to break even.
Not sure that's a sustainable business model. But then again, based on AMA's financial decision making, I'm not convinced there's a lot of business acumen among the EC.
First off let me congratulate you on your math wizardly. Now how about some English comprehension. Community Outreach Program is my thread title. Hmmm nothing about membership, otherwise I would have titled the thread “ Membership Drive “. This was about inviting the community to come see what we are all about and to entertain them for a few hours. In otherwise being a good neighbor. Not much different from the BBQ you describe with friends and family as SterlingD, only yours was a fabrication.
But hey, since you like math so much, this club has 130 paid AMA members. That equals $11,050 in AMA revenue. That $900 equates to a whopping $7 refund for each of our members. BFD!