Chamber Benefits, Inc.
World class benefits with a Greater Memphis touch.
Chamber Benefits, Inc. (CBI), a subsidiary of the Greater Memphis Chamber, offers a range of benefits designed to reduce costs and enhance business operations for chamber members.
Launched in 2019, CBI focuses on providing high-quality, cost-effective employee benefit products to its members.
CBI offers a comprehensive suite of benefits, including healthcare and workers’ compensation insurance, aimed at driving business efficiency, and achieving superior outcomes at competitive prices. CBI partners with best-in-class, nationally renowned vendors that utilize the latest advanced technologies to deliver industry-leading solutions. Local market professionals with unmatched knowledge of the Memphis market ensure that solutions are tailored to meet the specific needs of Chamber members.
CBI’s suite of products is available to all member businesses, from entrepreneurs to Fortune 1000 companies, providing them with a competitive advantage over non-member companies.
By combining cutting-edge products, technology, and local market knowledge, CBI is dedicated to helping Greater Memphis Chamber members succeed in today’s challenging business environment.
Mission
CBI’s mission is to support its members in growing their companies, creating jobs, and strengthening the greater Memphis economy.
Vision
CBI’s vision is to provide cost-saving solutions for business essentials, helping companies remain competitive and profitable. They achieve this through reducing operating expenditures, improving employee health, and increasing workplace productivity.
LEADERSHIP
Board of Directors
Joe Durante
Briggette Green
Jerry Martin
Charlotte Nuckles
Dan Weddle
Interested in Becoming a Product Partner?
Chamber Benefits, Inc., (CBI) manages the Chamber’s product partnerships by working closely with your sales, operations, and marketing teams to ensure effectiveness and establish lines of open communication, innovation, and collaboration. As partners, we work together to share necessary resources for tracking progress, reaching goals, and creating profitable cost saving programs.
- Our sales teams will work with you to grow and nurture the program
- Our operations teams will work to ensure efficient processes and reporting
- Our marketing teams will work to tell your story and extend your reach
Partnership Details
To be eligible, your business must be a Chairman’s Circle member of the Greater Memphis Chamber. You must provide CBI with revenue and service projections. This includes the service or item pricing to be outlined with the following: Standard Price, Chamber Member Discount, and Chamber Revenue-sharing and/or marketing fee. All partners must provide proof of stable backend operations to support a large volume of leads and sales fulfillment. There is a minimum startup investment of $10,000 to support the program launch, first year marketing and ongoing operational management of partnership. CBI receives a percentage of commission/marketing fees either monthly or quarterly during the agreement which are determined by minimum revenue requirements. Revenue expectations for all new programs will be shared with you prior to signing any agreement and requires all new programs to achieve non-dues* revenue targets.
Your organization will develop the training program to educate our team on the features, advantages and benefits of your product. Our sales staff works with your sales team to outline and execute all prospecting and sales activity. We ask you provide monthly reports on sales activity, such as leads, lead sources, wins and losses, to help inform and drive our efforts to provide chamber members with high-quality, cost savings benefits.
Our marketing team develops and implements a strategic kick-off campaign to launch the new program. We collaborate with your marketing department to procure the best content, insights, and receive final approval. We also provide you with an outline of both parties’ efforts and results in quarterly program reviews.
At the start of each month, both teams provide new member/client reports from the previous month to ensure effective communication and transparency. We make sure to monitor and reconcile revenue, reporting and collecting the commission due each month. We provide and share with our members any required documentation by the partner, such as NDAs, insurance information, and more. To ensure the program is successful, CBI performs quarterly program reviews to identify trends, opportunities, and challenges. These reviews include sales, marketing and communication, operations, finance, staff, sales collateral, and more.
Staff
Rob Recker
Amy Daniels
Ted Ferris
Interested in partnering or would like to learn more?
Contact Rob Recker, President, Chamber Benefits, Inc.