We would like to introduce this new program the chamber will be offering to our community. Chamber Bucks are a voucher system to be used within our community. Businesses can elect to accept chamber bucks and all participating businesses will be listed on the back of the vouchers. On this initial run of using these vouchers, we have approximately $14,000 that will be purchased and used in our community….keeping our money local! If everyone is happy with the program, we will look to offer it ongoing and make these “chamber bucks” available for online purchase as well.
How the program works – Businesses will accept the vouchers as if they are normal tender. Vouchers will be in low dollar increments and they will have no cash value, so no change will be given back to the customers when using the voucher. Vouchers will later be redeemed with the chamber on a monthly basis (if a business needs other arrangements we can discuss). Vouchers can be mailed to the chamber and the chamber will turn around and mail you a check for the face value of these vouchers. This is being made possible by a chamber member sponsoring the underwriting of this program for this first period (Thank you Michael’s on the Lake). If this program continues beyond this initial one, we will have to discuss with all participants a processing fee. These vouchers will be valid for two years. If you are not able to accept them for this period, we can list next to your name that you are only accepting them thru _______. In talking to several merchants with POS systems, it sounds like you would charge the dollar amount of the vouchers to a “house charge account” and then bill the chamber for the amount monthly.
Recipients of the Chamber Bucks will use them like cash or a gift card. On this initial run, we will print all participating merchants on the back of the voucher and we will also list them on the chamber website. We will have signage available for merchants to post in their windows that indicate they accept “chamber bucks”.
Now we ask for any chamber member that wants to be a participating merchant to please email deb@moseslake.com and let us know if you are in! Time is short on launching this program so we need to know you are participating by Nov. 2. Vouchers will be going out around mid-November.