How much does it cost, on average to license and implement a learning management system (LMS) for a trade or professional association?
We averaged the costs provided through RFP responses from multiple LMS vendors who commonly serve the association space to determine:
- common annual license fees,
- total year-one costs (license, implementation, any common additional fees)
- 3-year total (year one costs plus ongoing license fees and any other ongoing fees.
Here's what we got:
Keep in mind that these are averages. It is certainly possible to find much lower costs solutions - though be certain that these definitely provide key features that associations often need, like continuing education management, and that they conform to any e-learning standards that are important to your organization.
For a variety of free resources related to LMS selection, see our Resources page.