Given the current global financial climate, consumers are being urged to be on the alert for money-saving opportunities, which may result in significant reduction in spending over the long run.
According to Richard Browne, Business Development Manager at the Jamaica National Building Society (JNBS) it is increasingly important to be proactive in seeking discounts and other savings opportunities to reduce the cost of goods and services.
“In this economic environment, the smart consumer will capitalise on every opportunity to save. As the Jamaican adage goes, one-one cocoa full basket; each unspent dollar will accumulate into significant amounts over time,” Mr. Browne stated.
“In order to get the best value for every dollar spent, consumers should first conduct research to ensure the merchant offers the best price. Don’t be afraid to ask for discounts; a five or ten percent saving on purchases throughout the year can add up to significant amounts at the end of the year,” Mr. Browne said.
“And, it’s now even more advantageous to be a member of a loyalty programme or an organisation which provides tangible benefits as a condition of membership,” he opined.
Pointing to an extensive range of benefits which are afforded to JNBS members and persons who conduct business with the JN Group, Mr. Browne disclosed that members save as much as 55% on some services, simply by using the JN Teller 24/7 card at discount providers including pharmacies, saloons, service stations, gyms and hotels.
“This benefit is also extended to members of the Jamaica Automobile Association and holders of JN Money Transfer Card,” the Business Development Manager said.
He explained that in 2007, the Jamaica Automobile Association launched the ‘Show Your Card & Save’ (SYC&S) programme, an initiative of the American Automobile Association (AAA). The launch enabled JAA members to capitalise on special rates from local and international discount partners. Having experienced major success, the SYC&S programme was incorporated into the local Member Benefits Programme implemented by JNBS.
“So, when making purchase locally, both JAA members and JNBS members can benefit from these savings. On the other hand, JAA members can capitalise on discount opportunities in some 45 countries worldwide,” Mr. Browne advised.
“It’s a smart option for consumers looking to get the best value for their money. Cardholders can save on groceries, clothing, appliances, and a range of other consumer goods. Additionally, savings ranging from 12 to 20 percent are offered by insurance companies. There are some 150 discount providers islandwide,” he pointed out.
Mr. Browne listed discount providers such as T.G.I. Fridays, Answers Gift and Home Centre, Answers for Children, Totally Male, Simplicity, Best Regards, Simplicity for Kids, Wright Style, Sangster’s Book Store, Island Car Rentals, Pauline’s Travel, Runric Limited, Bedward Enterprise Trading Company Limited and All Mac’s Limited.
