NEWS AND EVENTS
In today's economic climate it's difficult for Chambers of Commerce and Business Associations to maintain or increase membership needed in order to maintain its usual carrying cost and incentives needed to grow. Business Builders has developed a model that can help. By partnering with Business Builders, you can offer the opportunity to be part of our unique model to all your Chamber or Association members -- while at the same time generating needed revenue for your group.
Your group is provided with a separate website for the exclusive listing of Chamber or Association members. This website has all the features of Business Builders' model built in -- our technical infrastructure, legal agreements for vendors, and customized online tracking system. Your Chamber or Association keeps all revenue collected from sales commissions or fees, plus 30% of vendor membership fees.
Weston Chamber of Commerce is looking to revitalize its operations and provide new services for members. Business Builders sets up a website, weston.bizbuildersgroup.com, which is customized to provide a unique look and feel, while retaining all the Business Builders features. Weston Chamber of Commerce presents the model to its members, 300 of whom sign up to be listed on weston.bizbuildersgroup.com as vendors at an average of $99/month. Weston Chamber of Commerce earns $9,000 per month, or $108,000 per year.
These members generate referrals and sales through their new Chamber-sponsored website. The members making the referral earns 55% of the sale commission or fee, while Weston Chamber of Commerce earns the rest. Over the course of a year, if Weston's vendors generate $936,000 of business through the referral program, the referring members earn $36,036* in commissions, with Weston Chamber of Commerce earning an additional $29,484*.
In total, Weston Chamber of Commerce has helped generate $936,000 in local business revenues; generated $36,036 in referral commissions for its members; and earned $108,000 + $29,484 = $137,484 to help support its operations.
For more information, please contact Business Builders. Please note that in addition to the above model, Chambers or Business Associations are welcome to bring vendors into our nation-wide vendor listings on www.bizbuildersgroup.com. In this case, Chambers or Associations can still earn 30% of vendor membership fees, but are not entitled to any portion of commissions or fees based on vendor sales.
* Assuming a 7% vendor commission charge. Actual commission charges may vary per vendor.