First and foremost thank you harry6potter for ur support towards this clubs cause.
Come on Vincent and Venonh I asked you to do the poll based on whether its justifiable to pay RM300, not if we should implement Fees.
Ok i think its only fair for those not in the know what is this all abt b4 u decide to poll.
As you all know the club is now a 'Realworld Cub' not a 'Cyberspace Club' anymore since it has been registered with the Registrar of Societies which is based on Planet Earth.This club is now like a Listed Company. How does a Listed Company get its funds? its by selling shares of the company to the public and from there they use the money to invest further. As you know offer prices for shares by this companies are not the same all the time. Those well known company with good fundamentals, their issue price would be higher.
Ok coming back to the club.Like I said we are now like a Listed Company so we need funds, how we get this funds is by recruitment of members. Why was the Fee set as it is? its bcos we consider the BMW Brand as not a normal brand but of a higher standard so the need to set a certain standard in its pricing. Why? bcos the clubs investments would be to try to bring this club to the BMW Standard we all know and as you all know that is not goin to be cheap. eg: The major events now henceforth once the Official Club is launched will be organised by Professional Event Management Companies and not the free labour of the committee anymore. The committees job would be to spend your money wisely for your benefit and of its members and also the overall welfare of the club. Also like a Listed company where its accounts are audited yearly, this club will now have to go through the same procedure to let the shareholders/members know where their money went. As in any company there is a vision and so has the club.. such as a club hse ect. and for this visions to become reality there is the need of funds. Also this figure was not plucked out from the sky but with consultation of its members but this was sometime ago as it had to be in the constitution that was handed to ROS for our clubs application and you all know how long ago that was, its only now we got the confirmation that our application has been accepted as such alot of you especially those who are very new think that you were not consulted and we did this overnight. For those who need to read the clubs constitution rgdg the fees can pls ask for it and we will gladly do so. Infact we will be posting it up soon.
Another reason for the fee structure is also bcos the club wanted members who are passionate abt the brand BMW and as such will in turn be passionate members of the club and not spammers or salesman to put it in simple english Quality Members.This again was the consensus of members back then as they preferred quality to quantity.Bcos if you are passionate abt BMW u would think it is a fair price to pay to be in a club that shares that same passion bcos in the first place if you are not passionate abt the brand why did u pay an arm and a leg to own the BMW brand when there are cheaper brands out there to own. You can turn around and say hey my car only cost RM30k that doesnt make me a rich person just bcos I own a BMW, its not about rich or poor its just that u just willingly paid RM30k for a 16 year old car, WHY? bcos ur passionate abt the brand, but the bonus is that the perception value of ur RM30k car is worth more than that. (ever notice how people see you in a different light when you drive a BMW eventhough it could be 16 years old)
One other thing which I want to highlight is that out of the RM300 one pays RM150 which is a one time registration fee and an annual fee of RM150 so technically one pays only RM150 bcos the registration fee will sort off pay by itself in terms of one receiving a members pack which will consist of a club shirt that will be only available to members and not sold individually , cap , number plate holder and even more stuff as we get more merchants or sponsors along the way.
Pls dont say I dont need the cap or shirt bcos i dont need it, dont forget we are now like a company so it is advisable for its employees to have some sort of corporate image so if its an option some have and some dont have it wouldnt look good wouldnt it, like I said we carry the brand BMW we need to set certain standards as well. One will also receive a membership card to show that u r a proud member of BMW Club which will also act as a privilege or discount card.
A Calendar of events is being currently drawn out by the current protem committee. We cannot look very far at this current moment bcos as you all know once we have enough members we must have a AGM to elect new office bearers, so we do not want to suddenly handover huge tasks to the new office bearers to take over and be blamed for not being considerate.