Tag Archives: chamber of commerce

Why Local Partnerships Can Make You Rich

a store with glass cases with food inside and other merchandise

Do you know why local partnerships can make you rich?  Do you know that your local area could be your best asset?  Travelers tend to pick the area of their destination BEFORE they choose their accommodations.  So innkeepers can profit from thinking about: “Why do guests visit my local area?”

Word-of-mouth marketing can also be very powerful.  What do you want to become known for?  A big part of becoming more well known is developing ties with other local businesses and organizations in your community.

Who, in your local area, offers complementary products and services?  There are many reasons why it is in both your interests to form a mutually beneficial relationship:

  • You can refer each other business (since you don’t have all the same customers)
  • You can promote each other in a variety of ways (such as via social media)
  • You can form exclusive partnerships (more on that later)

So, you may be thinking, what types of places and with whom could I form local partnerships?:

  • Caterers
  • Chocolatier
  • Entertainment providers
  • Florist
  • Gift shops
  • Museums
  • Nonprofit organizations and charities
  • Realtors
  • Restaurants
  • Spas (if you do not have your own spa)
  • Sports
  • Tourist attractions
  • Wedding planners

There is a whole movement going on to support local businesses and service professionals.  Spread the love for your local area by featuring these other businesses:

  • Brochures (display them at your inn)
  • Coupons (arrange for your guests to receive discounts for using their services)
  • Menus (let people see what they offer by providing their menus)
  • Preferred list of vendors (such as caterers and wedding planners)
  • Social Media (share a picture of them and write about why people should want to use their products and/or services)
  • Video (partner with other businesses to promote your town as a vacation destination)
  • Word-of-mouth (if guests ask for your recommendations)

Develop “exclusive partnerships” in which you agree to only buy from them and they offer you a reduced rate for doing so.  This works out well in the case of using one chocolatier and one florist.  Especially if you offer packages to your guests which include chocolate and flowers.

An “influencer” is a person who has the power to influence many people.  How do you meet and form relationships with the “influencers” in your community?

  • Consider joining your local Chamber of Commerce which will have local business owners and service providers as members.
  • LinkedIn is a powerful social media network for finding other local business owners
  • There is nothing like meeting face-to-face to discuss how you can help each other’s businesses grow
  • Look online (like at TripAdvisor) to find lists for the best restaurants near you and the top things to do in (and near) your area for ideas of people and places to contact

That is why local partnerships can make you rich.

Image by Marcus Berg of Unique Angles Photography

Hosting Group Meetings

hosting group meetings

 

Have you ever thought about facilitating a local event? Depending upon the size of your bed and breakfast, you may be able to accommodate hosting group meetings.  These could be chamber of commerce meetings, book groups, business leads groups, or some kind of club with a particular interest.

 

These are opportunities for local people who are not familiar with your bed and breakfast to be introduced via their group meeting.  You may decide to be available to give tours before and/or after the meeting to attendees.

This is also a way to make money because the groups will be compensating you for using your space to hold their meetings. Word of mouth will spread quickly that your experience hosting group meetings and other events such as weddings or music performances.

When people come to your bed and breakfast for a local event, they may be reminded that this would be a great place to spend the night.  Your bed and breakfast could be the perfect place for them to send their out of town relatives who are visiting.

Bed and breakfast blogging can devote blog posts promoting your events on your website. The events will draw more people to your bed and breakfast as they visit your B&B or read about your events in your blog.  It is a win-win situation!

 

Image by Marcus Berg of Unique Angles Photography