The
New Battle for Personal Finance Customers:
Online vs. Offline Acquisition
When:
March 20, 2003 at 2:30 Eastern Time for about 1 hour Register
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Speaker:
Tom Miller
Senior Consultant
The Dieringer Research Group
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Session
Description:
This presentation will help managers better understand how
to allocate their customer acquisition marketing dollars.
The research is based on the American Interactive Consumer
Survey, a trended telephone survey fielded since 1995. Findings
from historical data, plus interviews with 4,000 U.S. adults
conducted in 2002, provide insights into recent financial
service customer acquisition trends, particularly focusing
on how consumers are now integrating online and offline behaviors.
Some 60 million Americans sought personal finance product/service
information online last year. Of this total, 63%, or 36.8
million, followed up by applying offline for loans, credit
cards, insurance or investment products offline, compared
to only 21.8 million who applied for similar products directly
online. Between a fifth and a third of these applicants (depending
on the product category) changed their brand opinions due
to online information. In addition to detailed analysis of
these trends, you will learn the demographics of these new
"multi-channel" consumers, key online and offline
behavior characteristics, as well as relevant life stage and
workstyle characteristics.
This
program is appropriate for senior financial executives with
responsibility for Retail Banking, Card Marketing, Product
Development, Marketing, Market Research and Strategy Teams.
Attendance
Fee:
$275 per institution plus $50 per telephone line used
About
Tom Miller
Thomas
E. Miller, senior consultant, The Dieringer Research Group,
is responsible for developing the American Interactive Consumer
Survey, (which Tom first created at Find SVP as the American
Internet User Survey) tracking Consumer usage of
the Internet continuously since 1995. Previously,
he was senior vice president of Cyber Dialogue, Inc where
he developed the Consumer Value Metrics Model, an innovative
database model for predicting value creation in the online
consumer marketspace.
Tom
He is an acknowledged expert on technology evolution and adoption,
having tracked emerging technologies and related consumer
behaviors since 1985. He has directed numerous studies of
the online financial services market and has presented on
interactive financial service trends at many industry conferences.
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About
The Dieringer Research Group
The Dieringer Research Group is a marketing information
company that provides analysis and consulting to its
clients. The company has surveyed thousands of
U.S.
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consumers in-depth about Internet Behaviors since
1995. More detailed survey findings are available
to sponsors of the 2003 American Interactive Consumer
Survey, which is currently being fielded. www.thedrg.com |
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