Page 41 - GS171002
P. 41

CompanyProfile





                                                                                       ISO/MLS contact:
                                                                                              Gary Alloy
                                                                                   Chief Executive Officer
                                                                                           770-552-0100
                                                                       gary@nationalbenefitprograms.com
                                                                        www.nationalbenefitprograms.com


        Value beyond                                             Brand names

                                                                 NBP stated its base of 100,000 members gives it power to
        processing                                               negotiate discounts with major brands, including UPS,
                                                                 Sprint, ADP, Office Depot, Staples, Go Daddy, Priceline
                                                                 and more. At only $10 a month for each user, the program

                     hen Gary  Alloy and Mark Zisholtz co-       more than pays for itself, according to Alloy.
                     founded  Atlanta-based National Benefit
                     Programs LLC in 2009, they set out to cre-  "A business can use Office Depot or Staples to buy furniture
        W ate a way to put more money in the pockets             to get a nice discount, and they can get computers, fax
        of ISOs and merchant level salespeople (MLSs) by saving   machine, copier, chairs, furniture, pens, pencils – saving
        them and their merchant customers money on expenses.     up to 80 to 85 percent depending on the particular thing
        Alloy, the company's Chief Executive Officer, noted that   that they are looking for," he said. "We also use American
        today, active program members save from 10 to 85 per-    Data for payroll and UPS for shipping. You can get up to
        cent on more than 100 products and services.             a 27 percent discount with ADP on processing on payroll,
                                                                 which  is  pretty  significant.  If they use just  one benefit
        As a former payment professional, Alloy, knows           once a month, it is more than the premium that they pay
        controlling costs can make a difference. "The reason why   for the package."
        I  left  the  credit  card  business  was  because  of  attrition   Marketing muscle
        and margin compression," he said. "I thought about how
        I could provide ISOs a program to offer merchants that   ISOs deliver the program through their websites, where
        could actually help them stop losing money on buying     merchants place orders directly with manufacturers. A
        different benefits for their business, and that's how I came   designated person from the ISO's information technology
        up with National Benefit Programs."                      department can work with NBP to design the website, or
                                                                 the company can help design it for them.
        Deep discounts on products, services

        The company's leadership team now includes Rob Riggs,    NBP also partners with ISOs on multilayered marketing
        Chief Technology Officer, who provides major discounts   campaigns. "We ask the ISO to send out emails, regular
        to ISOs and MLSs on manufacturer and retail products     mail and put a statement message on their credit card
        through  the  merchant  benefits  program.  Members  save   processing statements to the merchants once a month,"
        money on shipping, office supplies, air travel, hotels,   Alloy said. "We send them out a welcome letter introducing
        car rentals, legal services, payroll, software, computers,   our program … and we try to engage with the merchant
        electronics, web design and cell phone services, among   every month with new benefits that we offer to keep it
        other offerings.                                         fresh. In our marketing campaigns, we work directly with
                                                                 the ISO, and we help them market the program because
        "Merchants who use our program are finding significant   nobody can help them market the program better than
        savings that offset any discount they can get through    us."
        somebody else," Alloy said.                              Satisfaction guaranteed

        Alloy said ISOs subscribing to the program have an       NBP offers a full refund to customers if they become
        advantage over their competitors because the benefits    dissatisfied. "If you're unhappy with our product, or our
        help them retain more customers. "ISOs face the challenge   service, we will give you back 100 percent of the money
        of keeping their merchants, and one way you can do that   you put in," Alloy said. "It doesn't matter if you're in for a
        is to offer value-added services," Alloy said, adding that   month, six months, or a year; we will return your money
        the program makes merchants stickier because once        no questions asked."
        they experience the benefits, they will think twice about
        switching providers.                                     The company prides itself on the fact that no customer
                                                                 has ever asked for a refund. "There is nothing better than
                                                                 that," Alloy said.



                                                                                                                41
   36   37   38   39   40   41   42   43   44   45   46