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A new
national study reveals that membership in a local Chamber
of Commerce can significantly boost a business’s image
among consumers, as well as among other businesses. In a
scientific survey of 2000 U.S. adults, The Schapiro Group,
an Atlanta-based strategic consulting firm, found positive
perceptions of Chamber members in a number of areas,
including overall favorability, consumer awareness and
reputation, and likelihood of future patronage.
Click here to view the Chamber Study
The
study, commissioned by the American Chamber of Commerce
Executives (ACCE), IBM, Administaff, Small Business
Network, Inc., and Market Street Services, showed that
when respondents were told that a particular small
business was a member of its local Chamber, they were 44
percent more likely to rate it favorably than study
respondents who were not told of the Chamber affiliation.
Respondents were also 63 percent more likely to want to
purchase goods or services from a small business that is a
Chamber member.
“We
discovered that informing someone about a company’s
Chamber membership opens the door to substantial increases
positive perceptions of that business,” said Alex
Trouteaud, Ph.D., senior strategist for The Schapiro
Group. “There clearly is a feeling by our respondents that
Chamber membership is synonymous with quality and
desirability.”
To tap
into this reservoir of goodwill, a small business should
not only join the local Chamber of Commerce and
participate, but also make sure consumers and other
businesses are aware of that Chamber affiliation.
The
positive impact of perceived Chamber membership is felt by
big businesses, too. For example, when consumers believed
that a restaurant chain was a member of the local Chamber
of Commerce, they were 40 percent more likely to eat at
the franchise in the future. And if a consumer believed
that one of the major automobile manufacturers was a
member of its local Chamber, that consumer was 9 percent
more likely to consider purchasing his or her next car
from that automaker.
“This
study reinforces research done in 2005 about the perceived
capacity of Chambers to lead businesses and lead
communities,” said Mick Fleming, president of the American
Chamber of Commerce Executives (ACCE). “These new
national findings point to even more direct benefits for
companies willing to be stakeholders in their local
Chamber.”
The study
results had good news for Chambers themselves, where 82
percent of respondents indicated that a local Chamber of
Commerce “creates jobs and promotes economic
development.”
“The
message from this national study is as simple as it is
ground-breaking,” said Jim Blasingame, small business
expert and president of Small Business Network, Inc. “Join
your local Chamber, be an active participant in your
Chamber’s programs and be sure to let your customers and
prospects know you’re a proud Chamber supporter when they
come in your business and when they see your marketing
material.”
J. Mac
Holladay, CEO of Market Street Services, an economic
development consulting firm based in Atlanta that helped
create the study, said, “It is refreshing to learn what we
have suspected for years -- that Chamber membership and
community involvement are good investments.” |