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Channel Metrics: UK Travel Money - Consumer Distribution Trends

Published by: Finaccord Ltd.

Published: Feb. 1, 2010 - 25 Pages


Table of Contents


0.0 EXECUTIVE SUMMARY

1.0 INTRODUCTION

Research rationale

A number of motivating factors underpin the Channel Metrics report and series of briefings

Updating the results from the 2005 and 2007 surveys

Analysis of consumers making an active distribution choice

Analysis of consumers purchasing or taking out financial services in prior years

Analysis of distribution interfaces

Analysis of specific distribution channels

Expanding upon the results from the 2005 and 2007 surveys

Finaccord

Channel Metrics briefings

Other UK consumer research publications

UK affinity and partnership marketing research publications

UK small business financial services research publications

2.0 PRODUCT ANALYSIS

Introduction

Option for customised data analysis

Switching rates and brand new sales - 2009

Consumers display limited loyalty to travel money providers

Distribution interfaces in 2009

Face-to-face transactions dominate the distribution of travel money

Distribution channels in 2009

Overview

Switchers and new buyers prefer foreign exchange companies to banks and building societies

Detailed analysis

The Post Office is the single most important specific channel for travel money

3.0 APPENDIX

Research sample and mechanics

Research methodology and structure

GRAPHICS / TABLES

The financial services distribution channel universe - specific distribution channels and distribution interfaces

% of consumers switching provider or acquiring travel money for the first time, 2009

Analysis of distribution interfaces used for acquiring travel money, 2009

Analysis of distribution interfaces used for acquiring travel money, 2009 (data)

Overview of distribution channels used for acquiring travel money, 2009

Overview of distribution channels used for acquiring travel money, 2009 (data)

Comparison of main distribution channels used for acquiring travel money, 2009

Detailed analysis of distribution channels used for acquiring travel money, 2009 (data)

Sample breakdown by age group, household income band and geographical location

Abstract

The Channel Metrics briefing about travel money is the most detailed and up-to-date guide to distribution trends in travel money in the UK available on a published basis. It analyses: how consumers acquire travel money - e.g. online, telephone, post or in person; from whom they acquire them - e.g. direct from the provider, through intermediaries or affinity schemes; and how often they acquire them - i.e. how many consumers acquired travel money in the last year, either for the first time or by switching provider instead of renewing or carrying on with an existing product.

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