Tuesday, November 19, 2013

#lovemychamber A Welcome Packet (and a cash mob?) for Your New Business - The Return on Investment on my Chamber Dues --- Every Tuesday - Reason #10

So you're opened your new business...what's next?

Your local chamber of commerce supplies you with a list of key people at local businesses, membership information for local business organizations, (as well as the Chamber of Commerce), research information that's available fast at a great price (many times free), phone numbers and email addresses for local and county government officials. How many other great business resources can your chamber provide you like SCORE, SBDC, and SBA? Quite a few! 

Looking for ways to put your business on the map? How about a ribbon cutting? Have you ever heard about a well-orchestrated chamber cash mob? Chambers have been organizing cash mobs for local businesses for the last several years. It's a great way for a new business to feel a part of the community, owners of new businesses get to meet people (while still minding the store), and something to look forward to during a difficult start-up period.

If you don't know the rules, here are the rules, courtesy of Cash Mobs.


Cash Mob Rules

Here are the rules we’ve developed for running cash mobs.

  1. The mob date and meeting location must be announced at least a week in advance. 
  2. The amount to spend will not be more than $20, although people can spend more if they wish. 
  3. The business must have products that cost less than $20 for both men and women. 
  4. The business must be locally owned and independently operated. 
  5. The business owner must give back to the community in some way. 
  6. The business owner must approve the Cash Mob before the mob is announced. 
  7. The business must be within one block of a locally-owned watering hole. 
  8. Cash Mobbers must join us for celebratory drinks after the successful mob. 
  9. The Cash Mob will occur during the evening on a weekday or on a weekend. 
  10. Pictures will be posted to the blog after the Cash Mob. 
  11. Parking or public transportation must be available. 
At the mob, there are three rules:
  1. Spend $20; 
  2. Meet three people you didn’t know before; 
  3. HAVE FUN!!! 


The Chamber membership Value Proposition - Chamber of Commerce annual dues: 
Around $250. Value of the Chamber of Commerce benefit #11 - A Welcome Packet 
and new customers for a company open three months; $500 - 
Return On Investment Features #1-#11 = $5700; Total Return On Investment for 
Annual Chamber Membership - 2280%.



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