ekomini how to create value with a youth savings program
DESCRIPTION
Value proposition overview for North American Financial institutions to create and maintain profitable youth savings programsTRANSCRIPT
HOW TO CREATE VALUE WITH A YOUTH SAVINGS PROGRAM
December 2009
OUR PROPOSITION
1. Custom design of money box to your financial institution’s brand requirements
2. Brand the EKOMINI platform to financial institution’s brand image
3. Access to games and adventures on ekominiville for financial institution’s usersa. Customers subscription basedb. Under license to financial institutions
4. Option to produce content relevant to bank’s market environment
CUSTOM DESIGN OF MONEY BOX
BRAND THE EKOMINI PLATFORM TO FINANCIAL INSTITUTION’S BRAND NAME
BANK’S BRAND NAME LOGO HERE
FREE ACCESS TO EKOMINIVILLE FOR FINANCIAL INSTITUTION’S USERS
PRODUCE RELEVANT CONTENT
3 REASONS
WHY FINANCIAL INSTITUTIONS SHOULD CONSIDER OUR YOUTH SAVINGS EDUCATION PLATFORM
1Reason
1. A consumer’s first experience is the one most remembered
2. Creates a strong, enduring bond3. Lifetime customer potential significant4. The right thing to do but hard to rationalize
2Reason
1. Improves parent loyalty re: emotional connection2. Creates opportunity for next best purchase• Youth savings tied to parent product
3. Increases share of wallet4. Quick, measurable ROI5. The right thing to do with payback
Reason
1. Customer centric2. Social engagement3. Improve brand equity4. Emotional connection5. Differenciation + Relevance
3
RELEVANCE
IMPROVED SHARE OF WALLET
1st TIME LIFETIME EXPERIENCE
LIFETIME CUSTOMER VALUE
R-ROIREAL RETURN ON INVESTMENT
FINANCIAL EDUCATION
NEXT BEST PURCHASE
CUSTOMER ENGAGEMENT
COMMUNITY COMMITMENT
FINANCIAL LITERACY IN ACTION THE FIRST MONEY-WISE GENERATION
FUN & GAMES
BRAND EQUITY
LOYALTY
ADDED VALUE
CUSTOMER CENTRIC
SOCIAL COMMITMENT
CREATES OPPORTUNITY
DIFFERENTIATION
REDUCES CUSTOMER CHURN
RESP
RRSP
MORTGAGE
LEARNING TO EARNSAVING
SETTING GOALS
DONATING
CONNECTS WITH PARENTS
THE MOST RECEPTIVE TO NEW TEACHINGS
GUARDIANS OF THEIR CUSTOMERS TRUST
FINANCIAL INSTITUTIONS
CHILDREN
PARENTS
CUSTOMERS FOR A LIFETIME