Strategic Partners
Partner to Increase Revenue and Add Value
We will form partner relationships with organizations that control or influence multiple outlets where certain types of transactions occur: medical payments, financial and tax documents, legal records, auto records, etc. - organizations which carry a large document-related burden for the consumer.
Customizable services for each partner may be offered at the point-of-purchase by the partner organizations either as an add-on revenue item or free-of-charge as a service differentiator. In the former instance, the partner will receive a significant portion of the fee on an ongoing basis for as long as the MyPersonalVault subscriber remains an uninterrupted customer of the service. This as allows partners to build long-term residual revenue with MyPersonalVault.
The main benefit for strategic partners lies in MyPersonalVault's ability to create lifetime customers - the more they use the site, the more they will want to keep the site. MyPersonalVault is intended to be part of the customer's everyday review and even a home page where news and needs are discussed and shared.
MyPersonalVault Benefits for Channel Partners
- Key competitive differentiator
- Focused, relevant, automated advertising within each vault drawer
- Additional ongoing residual revenue stream
- Major form of "stickiness" - creates repeat long-term customers and eliminates churn through improved ability to service customers
- Extends the brand of the channel partner through association, marketing and spam-free communication with customers
- Enhances the lifetime value of channel partner customers
- Makes patients responsible for their own medical records,
- Allows medical providers to share data in accordance with HIPPA rules
MyPersonalVault Benefits for Employer Provided Plans
- Major competitive differentiator
- Replaces other means of employee communication and reduces paper usage
- Assists in communication with employees - i.e., new employee handbooks and health insurance books can be stored in PDF format
- Self-directed HSA, HRA, FSA and shopping cuts costs for health benefits in corporate budgets