Financial Services

Financial Services
Financial Services

Customer satisfaction survey of European banks with a credit service

Europe
Research Objectives:

Measure satisfaction of banks with our client’s service and support as a major supplier.

Research Methodology:

Annual study by telephone with 500+ banks; across 46 countries in 16 languages.

Results:

Improved communication across the network, as well as helping our client update their contact lists.

Financial Services

Mystery shopping study of investment advice given by different banks

Belgium
Research Objectives:

Need to find out how competitive banks in Belgium were offering investment advice to customers, and how they compared on servicing costs.

Research Methodology:

Mystery shopper visits to banks: with different scenario’s based on “risk-averse” and more “adventurous” investors.

Results:

Study identified strengths and weakness of each bank’s investment advisor, their performance and follow-through, allowing the client to adjust his approach.

Financial Services

Customers’ relationships with their banks

Belgium
Research Objectives:

Need to understand commercial customers’ needs in banking services, and the defining moments in their relationship with their banks.

Research Methodology:

Series of in-person focus groups with customers of different banks.

Results:

Allowed the client, a major business consultancy, to understand the key influences on whether customers stayed with or switched banks; and the types of business given to different types of bank.