How does “economy of scale” benefit PMIs clients?
If two prospective clients enter your business to purchase products, and if the 1st prospective client orders 10 products and the 2nd prospective client orders 100 products, the prospective client with the larger order will traditionally receive a discount. This analysis transfers to the purchase of benefits and insurance for a company. If we pool your 10-worksite employees with 100-worksite employees we have produced a mass buying power or an “economy of scale.” As PMI grows, our pool of worksite employees produces a greater mass or “economy of scale” which benefits all clients of PMI through savings in benefits, insurance and services.
