Abenity is a technology firm with in-house development and a managed services philosophy for the provision of private and flexible benefit platforms for employers. Our “software first” mentality enables us to deliver deeper discounts, new functionality, and custom client solutions every day within our employee discount programs.
Out of necessity, other providers in our industry usually make their money in one of two ways:
1) By selling insurance, which forces you to promote a bunch of ancillary benefits that you may or may not be interested in, making the provider big commissions from every policy sold.
2) Or by purchasing products at a wholesale rate and listing the savings available to your employees just under retail, keeping a large percentage of the margin for their own profit.
[postquote quote=”Because we’re not looking to make money off your member’s purchases, we push to get the deepest discount possible from our vendors.”]
But Abenity’s Managed Services approach aligns our motives with the motives of your benefits team, allowing us to deliver the solutions you need while freeing up your time and providing the best employee perks and discounts available. Because we’re not looking to make money off your member’s purchases, we push to get the deepest discount possible from our vendors. And when commissions are available to us we do what we can to leverage them into a higher discount within our employee discount programs.
Movie Ticket Example:
An example of this philosophy in action is movie theater tickets, one of the most popular discount categories in our program. Regal Entertainment Group, the largest movie theater circuit in America, charges from $10.75 per ticket at the box office.
Here is how Abenity’s employee discount at Regal stacks up against a few other providers:
|Provider Name||Member Price||Price After Taxes & Fees||% Member Savings|
|Direct Regal Box Office||$10.75||$10.75||No Savings|
But I hope it underscores our core purpose – to help you deeply connect and engage your members without sacrificing the custom needs of your organization or the savings available to your group in your employee discount program.