The Purchasing Power Program  and What it Means to You
About Purchasing Power Growing, established business based in Atlanta, Georgia More than 25 years of industry experience  Unique company offering combined payroll deduction, automatic qualification and no interest financing  Licensed in all 50 states as a reseller of personal computers, electronics and appliances Over 120,000 and $180 million of orders serviced Customer satisfaction ratings over 90% 1
Recognition 2007 - Ranked #121 of Hot 500 Companies  by  Entrepreneur Magazine 2008 - Ranked #50 of Hot 100 Companies by  Entrepreneur Magazine 2
The Challenge 40 percent of American households are on the wrong side of the Digital Divide 1 •   They have no computer or they have an outdated one •   This is due to lack of cash or credit   Computer manufacturers reject over 50% of credit  applications 1  BLR.com, Business & Legal Reports, Best Practices in Compensation & Benefits, May 2005, Issue 705 3
The Solution Employers Are Turning Computer Access at Home Into a Voluntary Benefit Payroll deduction or the use of a convenient cash discount program Guaranteed enrollment – no credit check and no interest for 12 months for the employee No implementation cost or financial liability for employer Help build digital empowerment for your employees through Purchasing Power! 4
Benefits to the Employee Easy qualification Convenient payroll deduction or cash discount program New, name brand, current line products Access to credit they can’t get elsewhere No deposit, no interest and 12-month repayment plan saves the employees money Simplified shopping experience Improved knowledge for the employee and their family 5
All Inclusive Pricing Prices on our product offering are typically between the cash price for the product and what it would cost if financed.  Most retailers only advertise the price of the product before value-added features like extended warranties, upgrades and accessories; tax; delivery fees; and finance charges. Purchasing Power provides one  All Inclusive Price   so you never incur late fees or ballooning interest rates. 6
Benefits to Employer Supports business objectives Employee retention goals Computer literacy and advancement of the workforce  Participation in employee self-service tools Corporate communications Work from home initiatives Enhances employee benefit package Program for everyone (payroll deduction & cash discount) No implementation or participation costs Employer is not liable for employee purchases 7
Products New, current-line products from major manufacturers Desktops, laptops, monitors, printers Accessories including speakers, sound/video cards 8
Electronics Our line of electronics also feature top tier brands  Digital cameras & camcorders iPods Palm pilots & PDA’s DVD players Flat display TV’s Flat screen monitors 9
Washers  Dryers Refrigerators Dishwashers Freezers  Ovens Microwaves Cooktops Home Appliances 10
Implementation Process Signed Agreement Eligibility requirements Employee census Bureau or Labor Statistics Implementation Call Communication plan Payroll process and schedules File interface development and testing Launch 11
Enrollment Employees may enroll in cash discount or payroll deduction program Order by web or telephone  Employee's eligibility is automatically verified Equipment shipped directly to employee’s home Equipment received within 7 – 10 business days Process designed to guarantee fast product  delivery and greater employee satisfaction 12
Typical Eligibility Cash Discount Program Everyone Payroll Deduction Program All active full-time employees Minimum 18 years of age $16,000+ annual income Tenure of 12 – 24 months Employees can choose which program is best for them 13
Communication Plan Benefit communication is planned around enrollment periods  Spring:  March 15 – April 15 Back-to-School:  July 15 – August 15  Holiday:  November 15 – December 15   A variety of communication vehicles are used Home mailers   Payroll stuffers Email   Newsletters Posters     Intranet Communications may be branded with employer logo, participation requirements and employee reference Purchasing Power bears cost for design, production and distribution 14
Ordering Employee places an order Purchasing Power verifies employment data and qualification criteria with employer Once order is accepted, Purchasing Power notifies manufacturer for shipment Files are sent to employer to begin payroll deduction Payroll deduction is every payroll for 12 months 15
Billing Once the order is placed, the employee is included on the deduction “bill” sent to employer Employer ensures entry in to the next payroll cycle Frequency and format of deduction schedules are determined during implementation to coordinate with employer’s payroll schedule and deadlines 16
Customer Service Customer service team includes: Purchasing Power’s best-in-class customer service department  Purchasing Order status Payroll deduction List bill support 24/7 Web-based support Manufacturer support  Equipment Technical service Warranty repairs 17
Some of Our Clients 18
  Director of Human Resources Retail Client Client Feedback  We have close to 35,000 associates and the feedback  we have received has been phenomenal!  Some have shared their experiences on  www.mypowerstory.com ! It is a wonderful  program and our associates are so excited about it!  We have been so overwhelmed with the attention we have received because of this.  They know we are concerned about their needs and want to help them to grow.”    19
Getting Started Employer Agreement is signed Eligibility requirements determined Employee census Bureau or Labor Statistics Implementation Call Communication plan Payroll process and schedules File interface development and testing Program Launch! 4 – 6 week process 20
Contact Information Purchasing Power, LLC 695 Pylant Street Atlanta, GA 30306 404.609.5100 www.purchasingpower.com Dawn Maahs MidAtlantic/New England Regional Sales Manager 732.232.0735 [email_address] 21

Generic Employer Presentation 07012008

  • 1.
    The Purchasing PowerProgram and What it Means to You
  • 2.
    About Purchasing PowerGrowing, established business based in Atlanta, Georgia More than 25 years of industry experience Unique company offering combined payroll deduction, automatic qualification and no interest financing Licensed in all 50 states as a reseller of personal computers, electronics and appliances Over 120,000 and $180 million of orders serviced Customer satisfaction ratings over 90% 1
  • 3.
    Recognition 2007 -Ranked #121 of Hot 500 Companies by Entrepreneur Magazine 2008 - Ranked #50 of Hot 100 Companies by Entrepreneur Magazine 2
  • 4.
    The Challenge 40percent of American households are on the wrong side of the Digital Divide 1 • They have no computer or they have an outdated one • This is due to lack of cash or credit Computer manufacturers reject over 50% of credit applications 1 BLR.com, Business & Legal Reports, Best Practices in Compensation & Benefits, May 2005, Issue 705 3
  • 5.
    The Solution EmployersAre Turning Computer Access at Home Into a Voluntary Benefit Payroll deduction or the use of a convenient cash discount program Guaranteed enrollment – no credit check and no interest for 12 months for the employee No implementation cost or financial liability for employer Help build digital empowerment for your employees through Purchasing Power! 4
  • 6.
    Benefits to theEmployee Easy qualification Convenient payroll deduction or cash discount program New, name brand, current line products Access to credit they can’t get elsewhere No deposit, no interest and 12-month repayment plan saves the employees money Simplified shopping experience Improved knowledge for the employee and their family 5
  • 7.
    All Inclusive PricingPrices on our product offering are typically between the cash price for the product and what it would cost if financed. Most retailers only advertise the price of the product before value-added features like extended warranties, upgrades and accessories; tax; delivery fees; and finance charges. Purchasing Power provides one All Inclusive Price so you never incur late fees or ballooning interest rates. 6
  • 8.
    Benefits to EmployerSupports business objectives Employee retention goals Computer literacy and advancement of the workforce Participation in employee self-service tools Corporate communications Work from home initiatives Enhances employee benefit package Program for everyone (payroll deduction & cash discount) No implementation or participation costs Employer is not liable for employee purchases 7
  • 9.
    Products New, current-lineproducts from major manufacturers Desktops, laptops, monitors, printers Accessories including speakers, sound/video cards 8
  • 10.
    Electronics Our lineof electronics also feature top tier brands Digital cameras & camcorders iPods Palm pilots & PDA’s DVD players Flat display TV’s Flat screen monitors 9
  • 11.
    Washers DryersRefrigerators Dishwashers Freezers Ovens Microwaves Cooktops Home Appliances 10
  • 12.
    Implementation Process SignedAgreement Eligibility requirements Employee census Bureau or Labor Statistics Implementation Call Communication plan Payroll process and schedules File interface development and testing Launch 11
  • 13.
    Enrollment Employees mayenroll in cash discount or payroll deduction program Order by web or telephone Employee's eligibility is automatically verified Equipment shipped directly to employee’s home Equipment received within 7 – 10 business days Process designed to guarantee fast product delivery and greater employee satisfaction 12
  • 14.
    Typical Eligibility CashDiscount Program Everyone Payroll Deduction Program All active full-time employees Minimum 18 years of age $16,000+ annual income Tenure of 12 – 24 months Employees can choose which program is best for them 13
  • 15.
    Communication Plan Benefitcommunication is planned around enrollment periods Spring: March 15 – April 15 Back-to-School: July 15 – August 15 Holiday: November 15 – December 15 A variety of communication vehicles are used Home mailers  Payroll stuffers Email  Newsletters Posters  Intranet Communications may be branded with employer logo, participation requirements and employee reference Purchasing Power bears cost for design, production and distribution 14
  • 16.
    Ordering Employee placesan order Purchasing Power verifies employment data and qualification criteria with employer Once order is accepted, Purchasing Power notifies manufacturer for shipment Files are sent to employer to begin payroll deduction Payroll deduction is every payroll for 12 months 15
  • 17.
    Billing Once theorder is placed, the employee is included on the deduction “bill” sent to employer Employer ensures entry in to the next payroll cycle Frequency and format of deduction schedules are determined during implementation to coordinate with employer’s payroll schedule and deadlines 16
  • 18.
    Customer Service Customerservice team includes: Purchasing Power’s best-in-class customer service department Purchasing Order status Payroll deduction List bill support 24/7 Web-based support Manufacturer support Equipment Technical service Warranty repairs 17
  • 19.
    Some of OurClients 18
  • 20.
    Directorof Human Resources Retail Client Client Feedback We have close to 35,000 associates and the feedback we have received has been phenomenal! Some have shared their experiences on www.mypowerstory.com ! It is a wonderful program and our associates are so excited about it! We have been so overwhelmed with the attention we have received because of this. They know we are concerned about their needs and want to help them to grow.” 19
  • 21.
    Getting Started EmployerAgreement is signed Eligibility requirements determined Employee census Bureau or Labor Statistics Implementation Call Communication plan Payroll process and schedules File interface development and testing Program Launch! 4 – 6 week process 20
  • 22.
    Contact Information PurchasingPower, LLC 695 Pylant Street Atlanta, GA 30306 404.609.5100 www.purchasingpower.com Dawn Maahs MidAtlantic/New England Regional Sales Manager 732.232.0735 [email_address] 21