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What Is So Great About a TRC?

Home2020 April
What Is So Great About a TRC?
April 28 2020 admin Blog, TRC, Uncategorized 0 comments

As you can imagine, I could talk about Total Resource Campaigns (TRCs) until ‘the cows come home,’ as the old adage goes. I could tell you about how TRCs focus on sponsorships, are led by volunteers from the business community, and invite businesses from across your community – both large and small – to participate in greater depth in the life of your chamber.

But today, in the midst of all that is happening around us, there is one benefit of a TRC that is so powerful that it cannot be overlooked.

If a chamber held a TRC in 2019 for 2020, that chamber’s entire budget for 2020 would already be funded. Money would already be in hand for all of 2020.

Think about that for just a moment.

If a chamber held a TRC in 2019 for 2020, that chamber’s entire budget for 2020 would already be funded. Money would already be in hand for all of 2020.

That chamber’s staff would certainly be looking at working from home, virtual staff meetings, and conducting board meetings via Zoom or other virtual meeting platforms. They would absolutely be reviewing their calendar to see what initiatives and events should be postponed and which should be pivoted to a virtual environment.

But they would not be frantically trying to determine how they would fund their budget for the remainder of the year in addition to doing those other things.

Total Resource Campaigns serve as strategic planning on a deeper level than what many chambers have done before. That planning allows chambers to have a greater knowledge of their members and community and a renewed sense of their mission. With that, they are better able to make sure their initiatives and events follow their mission.

Through that strategic planning process, chambers offer sponsorships in the TRC that meet the marketing needs of their members and of the businesses in their community. When chambers do that, businesses response enthusiastically. And successful TRCs allow chambers to fund their next year’s budget.

With those fully funded budgets, chambers have the freedom to focus on assisting their members, especially in challenging times like these.

Those chambers who have done TRCs in the past know the financial freedom a TRC can offer. If you are interested in information about how you, too, can conduct a TRC and experience that for your chamber, please contact us at: info@nullygmtrc.com.

And yes, it is still possible to conduct a TRC this year, despite the uncertainty around us. We have a plan for a full virtual TRC, and we will be there to walk you through the process if conditions require that.

The TRC is built in such a way that volunteers talk to their business contacts in whatever manner they feel comfortable. Often, they are already dealing with those contacts virtually anyway – via email or text – regardless of the outside circumstances. Moving those volunteers and the campaign to an entirely virtual environment will be more of an effort for the chamber staff than for the volunteers or sponsors. It can be done and done well with a little extra effort on your staff’s part.

And those who have done a TRC in the past know it is well worth the effort. Consider this comment from Amy Britt in Seminole, Okla.

“Doing our TRC in October of last year for 2020 saved us from having to try to ask for donations or cancel events due to lack of funds. TRCs are the best thing we’ve ever done to ensure funding for our next year.”

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Sponsorships in a Time of Uncertainty
April 21 2020 admin Blog, Chambers, Sponsor development, TRC, YGM 0 comments

You had your 2020 calendar all set and were excited about the plans you had in place. And then the world turned upside down, and now you’re trying to determine how to plan the remainder of the year. But it’s really challenging to plan when none of us has a good grasp of what the rest of the year will look like.

And if it’s hard for you to plan as chamber leaders, imagine how difficult it must be for your member businesses. We have some ideas that we hope will prove helpful to you.

One thing to remember, now more than ever, is that chambers working through unprecedented times is not unprecedented. Chamber professionals work through recessions, hurricanes, tornadoes, blizzards, and more. Uncertain times and adversities are standard operating conditions.

As you begin to review your calendar for the remainder of 2020 with an eye to determining what to keep and what to move or cancel, keep in mind that there is a need for chamber professionals to provide services to members to help those member businesses thrive and succeed.

What do you have on your calendar what would facilitate that goal? Be sure to keep those initiatives.

Review, too, the benefits you have promised your sponsors for the events and initiatives on the calendar for the remainder of the year.

  • Are there benefits that can still be provided, even if they require a bit of modification?
  • Could you place a sponsor’s logo as a background on a Zoom gathering which will be recorded and shared on social media? That breakfast might not have to be canceled now. The sponsor will actually gain benefits due to the increased visibility of the logo and the additional presence on social media?
  • Specific members find specific things they can gain from their sponsorships. Consider why the sponsor chose their unique sponsorships when reviewing how to convert benefits to a virtual world.

It can be tempting to decide not to keep your signature events because they are the largest and demand the most time and effort from the staff. But those events are also usually your largest in terms of funding. Consider how you might keep those while moving or canceling your smaller, less cost-beneficial events like after-hours or monthly gatherings.

You won’t be able to keep everything. You have to look at your calendar with a strategic eye. How much of a burden will it be to move everything? You can’t move everything from this spring and summer to this fall and still have the fall be feasible. You also can’t simply cancel the rest of the year and still have your community view you as a business leader.

Chambers that are positive encourage positive attitudes in their membership. Right now, members are looking to their chamber leadership for positive energy more than ever.

If you need help working through your 2020 calendar and determining what to move, cancel or keep, please get in touch with us. We will be happy to help.

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