Join the Chamber of Commerce to Grow Your Business

Do you think the your schedule as a business owner is too demanding and busy for you to participate in networking? Some business owners might say their schedule is demanding enough at the moment, and the thought of adding one more activity to their busy calendar is unbearable.

So why should they try to cram time into their already hectic schedules to join and actively participate in their local chamber of commerce?

There are many networking organizations but membership in the local chamber offers numerous benefits and keeps business owners on top of important, ever-changing issues and trends within their community and local marketplace.

Not only that, but research points out that consumers have higher opinions and are more likely to do business with a company if it’s a member of their local chamber of commerce.

According a research study by The Shapiro Group, Inc. and Market Street Services, when consumers know that a small business is a member of their local chamber of commerce, they are 44 percent more likely to think favorably of it and 63 percent more likely to purchase goods or services from the company in the future.

If you still don’t think you are to busy to join and participate in your local chamber of commerce, consider the following:

59% of consumers think that being active in the local chamber of commerce is an effective business strategy overall. It’s 29 percent more effective, however, for communicating to consumers that a company uses good business practices and 26 percent more effective for communicating that a business is reputable.

If you are an officer or highly involved in the local chamber, consumers are 12 percent more likely to think that its products stack up better against its competition.

Membership in the chamber makes consumers think that you are trustworthy, involved in the community and is an industry leader.

Franchise members benefit too. When consumers know that a restaurant franchise is a member of the chamber of commerce, they are 40 percent more likely to eat at the franchise in the next few months.

When consumers know that an insurance company is a member of the chamber of commerce, they are 43 percent more likely to consider buying insurance from it.

How does all that sound? Isn’t it fantastic to hear the news that consumers are more likely to choose your business over a competing, non-member business because you’re a member of your local chamber of commerce? Are you convinced yet that you should join your local chamber if you aren’t a member already?

If not, read this top 10 list of reasons why you should join your local chamber of commerce supplied by 10 local chambers across the United States.

  • Membership brings credibility to your business. You can increase positive perception among consumers and business owners when you’re identified as a member of a chamber of commerce.
  • Increase your visibility in the community. As a new member of the chamber of commerce, you will be listed in the chamber newsletter, e-newsletter, on Facebook and have the opportunity to be highlighted in other chamber publications. You also can grow your business by advertising with the chamber and sponsoring events. The chamber may also promote your grand opening/ ribbon-cutting ceremony and assist with any public relations efforts.
  • Create networking opportunities. Chambers have numerous committees and serving on one of them provides numerous networking opportunities as well as professional leadership development. You can build your business while promoting developments of keen interest to local businesses and the community at large.
  • Gain a voice in government. The local chamber takes on the tough issues and opposes new regulations, taxes, fees, assessments and costs directed at small businesses. It also helps protect the principles of free enterprise and aids businesses in being treated fairly.
  • Make business contacts. The chamber’s most fundamental mission is to generate more business activity for the community. The chamber initiates more business-to-business commerce and more opportunities for networking and connecting local professionals than is available through most other local organizations.
  • Receive chamber newsletters. Newsletters provide new member information, interesting information about operating a local business, articles about the local community, a community calendar and details about up-and-coming chamber events, among other things.
  • Acquire customer referrals. Every day, your local chamber receives calls from individuals and businesses looking for potential vendors, and chamber members typically recommend chamber members.
  • Chamber events and programs. Chamber events and programs provide members with great opportunities to get to know new people and expand their prospect base. Chamber events are innovative and fun ways to help members meet potential customers, clients and vendors— and generate new business leads.
  • Promotion and publicity. With a chamber membership, you can reach potential clients through member exclusive advertising and opportunities for business-to-business advertising and publicity.
  • Access to members-only discounts and services. These differ from chamber to chamber.
  • Research indicates that chamber membership stimulates business-to-business commerce in the local community. Other businesses in town are more likely to do business with you and your company if you are a member of the local chamber. Because a major part of a small business typically comes from business-to-business services, it is essential to maintain a positive standing within the local business community.

    But it takes time for a business to establish its image and reputation in the community, says Dr. Craig Shoemaker, a marketing professor and the chair of the marketing department at St. Ambrose University in Davenport, Iowa. He says people like doing business with companies they like and trust, but that trust must be earned.

    Ready to join your local chamber, if you aren’t already? Keep in mind, however, that you can’t just be a member of the local chamber to reap the benefits of chamber membership. Paying your annual dues just isn’t enough. You must also make an investment of time and effort in chamber activities and become involved. Simply put, what you get out of chamber membership is directly relative to what you put in.

    If a firm is to gain maximum value from membership, it must be an active participant in chamber-sponsored events. Chambers plan events so that its members benefit. Only by participation, can a firm get maximum benefit.

    Comments

    Popular posts from this blog

    Famous Google SEO Algorithm Updates

    Web Design Trends for 2019

    Social Media Strategy Ideas