For most convenience retailers, the end of the year is an ideal time to give thanks, reflect on the past year and look forward to the next operating cycle. And to ask some tough questions: Was your business profitable? What new ideas or programs can you implement to stay competitive? How do you protect your business from competition or unfair regulations?
To measure performance, many businesses do a return on investment (ROI) analysis to help navigate the answers.
For NACS, our membership ROI is determined by how well we help our members achieve their goals. Looking at the NACS membership value analysis, it’s clear to see why it is more important than ever to be a member of the association.
A key component of NACS is the knowledge we generate to help our members stay ahead of the curve and “in the know.” The NACS Daily e-newsletter and NACS Magazine provide insights on industry news and thought-provoking articles that directly impact member businesses. NACS retail member companies receive unlimited complimentary copies of NACS Magazine in both a printed version or a digital subscription. Because of the ever-changing landscape of convenience retailing, it is essential to stay connected to the trends.
NACS members also have access to a full array of products and services designed to help convenience retailers lower expenses while increasing productivity and profits. NACS has more than 40 e-learning titles specialized for the convenience retailing industry, as well as business intelligence and data reports to help members measure and improve their businesses in key functional areas, such as category management, human resources and technology.
NACS members have told us time after time that the most beneficial part of being a NACS member are the connections they make at our events. Whether it’s making a strong connection with a representative at the NACS Day on the Hill legislative fly-in or finding the next big idea at the NACS Show, our events return value to both the attendee and their company. Exclusive to NACS members is the opportunity to attend the NACS State of the Industry Summit to gain first-hand knowledge of the key data components that affect their businesses. Also exclusive to members is a full suite of Leadership Programs designed to help grow the knowledge of rising leaders within the convenience store industry.
Furthermore, NACS members support the industry in which they operate, and member dues support our advocacy efforts to build strong relationships on Capitol Hill. Less than a month after the midterm elections, NACS has already begun the process of introducing the convenience industry to the new Congress. With a younger, less experienced congressional class, it is important to educate new representatives on our industry.
We will also continue to monitor and oppose legislation that has a negative impact on the sustainability of our industry. We will continue to lead the discussion and ensure our members are supported on issues surrounding fuels, SNAP, FDA and tobacco regulations. Over the coming months, we will also look for opportunities to carve out our position on key initiatives such as faster payments and food safety.
ROI = Value + Engagement
NACS is a member-driven organization and numerous opportunities exist for NACS members to become more involved. Some of these opportunities include serving on committees or on the Board of Directors. Or maybe you’d like to share your story in a NACS magazine article or make your voice heard on Capitol Hill. NACS is a relentless advocate for convenience retailing, and your membership—and your success—is important to us.
In the coming days, please renew your membership for 2019.