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Credit Union Member Discount Plan

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Presentation on theme: "Credit Union Member Discount Plan"— Presentation transcript:

1 Credit Union Member Discount Plan
Give credit unions and their members more great ways to save!

2 Credit Union Benefits Effective tool to promote the added- value of membership Marketing incentives for participation = $ for the CU FREE marketing materials for statement mailings and lobby distribution Requires little to no effort Sprint handles all member service needs

3 Members may receive discounts without CU participation.
Member Benefits 10% discount on most individual liable monthly recurring Sprint Nextel charges Waived activation fee on new lines (appx. $36 savings) Waived upgrade fee (appx. $18 savings) Additional discounts for corporate accounts 15% discount on monthly recurring charges Equipment Nationwide from coast-to-coast coverage National rates with no roaming or long distance charges Existing Sprint and Nextel customers are eligible

4 CU Promotion Agreement
Original completed Promotion Agreement & Web Site Participation forms should be sent to CUcorp CU Promotion Agreement CUcorp Attn: Sprint 38695 West 7 Mile Road, Suite 200 Livonia, Michigan 48152

5 CU Minimum Marketing Requirements
Contract Year = October 1 of each year – September 30 of the following year Distribute collateral to members in a quarterly statement mailing at least once per Contract Year Continuously display marketing materials in the lobbies of the CU Publish approved articles/ads in the CU quarterly newsletter at least two (2) times per Contract Year Post the approved banner ad and link to the CU Web site All materials are provided FREE of charge!

6 Marketing Collateral Most pieces are also available in Spanish
Lobby display with inserts 8.5” x 11” acrylic pocket stand Banners Statement Inserts Statement Art Newsletter Art Most pieces are also available in Spanish Web Site Banner Ad

7 Where Members Can Go Tell them you’re a Credit Union Member Call:
877.SAVE.4.CU corporate accounts ext. 333 or Go to the nearest Sprint store Visit Where Members Can Go

8 CU Marketing Incentive
Marketing Incentives are paid in December CU Marketing Incentive An Incentive Pool is created from revenues earned in a Contract Year. CUs are paid the percentage of the incentive pool that is equal to their percentage of the total audience of members being marketed to nationally. Sample Incentive Pool = $500,000 Total members being marketed to (from Promotion Agreements/NCUA reports) – 1,000,000 ABC CU members – 50,000 50,000/1,000,000 = 5% $500,000 X 5% = $25,000 ABC CU Marketing Incentive = $25,000

9 Marketing Incentive Schedule
NEW participating CUs in their 1st Contract Year will receive incentives as follows: Quarterly Mailing Month = % of Incentive October (’08) = 100% January (’09) = 75% April (’09) = 50% July (’09) = 25% In the second and following Contract Years, assuming all requirements are fulfilled, participating CUs will receive 100% regardless of what month they do their quarterly statement mailing.

10 Program Questions/Support: Angie Hall: 800.262.6285 ext. 521
Get Them Started Today! Program Questions/Support: Angie Hall: ext. 521


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