Title: Sprint Credit Union Member Discount Program Overview
1 Sprint Credit Union Member Discount Program
Overview
2- Give your members one more great way to save with
the choice and flexibility of Sprint. They have
more options in phones, plans, and services than
ever before.
3Welcome to the Sprint Credit Union Member
Discount Program
-
- Invest in America and Sprint adds value to being
a Credit Union Member - Seven years ago we created a wireless program
that helps you reward your members while
reinforcing the value of being a credit union
member. - Invest in America and Sprint adds value to
participating Credit Unions - As a participating credit union, you will
generate non-interest income - A win-win value proposition for everybody!!
-
4Program Highlights
- Over 1.2 Million members have taken advantage of
the program - Credit unions earn non-interest income
- Over 1,200 Credit Unions actively promoting the
program - 39 State Leagues supporting the program
- Membership loyalty increases as member benefits
increase
5Credit Union Benefits
- Marketing incentives for participation is a great
way for credit unions to earn non-interest income - Effective tool to promote the added-value of
membership - FREE marketing materials for statement mailings,
web site and in-branch distribution - Unique offers available only from Sprint
- Sprint handles all member service needs
- Opportunities to work with local Sprint stores to
support community businesses
6What are the Benefits to Your Employees Members?
Credit Union Members Employees (personal
accounts) Credit Unions and Business
Members (business accounts set up with tax
id's)
- 10 discount on individual liable monthly
recurring Sprint charges - Waived activation fee on new lines (approx. 36
savings) - Waived upgrade fee (approx. 18 savings)
- Nationwide coast-to-coast coverage
- National rates
- Existing Sprint customers are eligible
10 Off MRC
- 15 discount on corporate liable monthly
recurring Sprint charges - Waived activation fee on new lines
- Flat-rate pricing (No Mail-in Rebates)
- Equipment discounts
- Nationwide coast-to-coast coverage
- National rates
- 49.99 Unlimited 4G/3G Broadband Card
- Existing Sprint customers are eligible
15 Off MRC
7Marketing Requirements
- Contract Year runs October 1 through the
following September 30 - Promote the service on an exclusive basis to your
members - Distribute Sprint inserts to all members in a
quarterly statement mailing at least once per
Contract Year - Continuously display Sprint 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 Sprint banner ad and link on
the CU Web site - All Marketing materials are provided FREE of
charge!
8Marketing Materials
Lobby Poster for Take ones 8.5X11
English Insert 3.5 X 6.5
Spanish Insert 3.5 x 8.5
Hanging Banner 2 x 3
Web Banner
- E-statement artwork
- Videos for web site and digital lobby displays
9Marketing Incentive Calculation
- Marketing Incentive
- The Incentive Pool is created from revenues
earned during the 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
- Credit Union Incentive Pool 2,000,000
- Total members being marketed to (from Promotion
Agreements/NCUA reports) 5,000,000 - ABC CU members in pool 50,000
- 50,000/5,000,000 1
- 2,000,000 X 1 20,000
- ABC CU Marketing Incentive 20,000
- Marketing Schedule
- NEW participating CUs in their 1st Contract Year
will receive incentives as follows - First Quarterly Insert Mailing of incentive
CU will earn - October 10 100
- January 11 75
- April 11 50
- July 11 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.
10Marketing Incentive Trends
Credit Union Membership Size 06 / 07 Payments 07 / 08 Payments 08 / 09 Payments 09/10 Payments
2,000 380 420 730 820
10,000 1,900 2,100 3,650 4,100
30,000 5,700 6,300 10,950 30,000
50,000 9,500 10,500 18,250 20,500
100,000 19,000 21,000 36,500 41,000
200,000 38,000 42,000 73,000 82,000
- Program year is October 1st September 31st. CU
incentives paid in December - First years incentive based upon first quarterly
insert mailer - Estimated payments. Actual incentives vary
based on total program revenue generated and
total membership pool.
11How Do Members Get These Benefits?
- Members need to say theyre a Credit Union
Member ask to be connected to the Corp Id
NACUC_ZZM - Visit Any retail outlet where Sprint products
are sold - Call 877.SAVE.4.CU (8 7 7 . 7 2 8 . 3 4 2 8)
- Click www.SprintSave4CU.com or
- www.LoveMyCreditUnion.org
12How Do Credit Unions Enroll?
- Call 800-262-6285 ext 521
- Visit www.LoveMyCreditUnion.org or
- Rhonda.peruski_at_CUsolutionsgroup.com