Thursday, 26 May 2011
Are you worth the money ?
Maybe you would prefer to hide this survey or perhaps leave a copy of your bosses desk, I'll leave it up to you.
Click on this link to be taken to the survey on the Michael Page website Marketing Survey
Monday, 16 May 2011
Virgin moves into Coffee Houses
Virgin Money, the online bank, is to open four customer experience lounges in the UK, its first foray into the high street.
The lounges, in London, Edinburgh, Manchester and Norwich, have been designed to generate good feeling between customers and the bank at a time when consumers lack trust in financial institutions.
Customers will be able to have coffee in the lounge and buy Virgin Money products if they wish, but the company says the lounges are not designed as bank branches with selling in mind.
A spokesperson for the company says the lounges will provide a high street experience of the online brand ahead of a planned move to open 70 transactional branches in the next five years.
"Interesting route onto the high street , many years some of you may remember when National and Provincial Building Society put Costa inplants into their branches to generate the same outcome. The rationale was the same working on the basis that when consumers are in a comfortable environment it's easier to have conversations about their financial plans for the future. It seemed to work initially but the numbers didn't stack up at the end of the project"
Monday, 9 May 2011
Banking for the People........
It seems pretty obvious to you and I that the Banks have taken us , the general public for one big gravey train ride for the last few years. Yes , it's ok for some if you work for them but for the masses they are seen as the faceless conglomerates who at each turn will try and weedle money out of you.
The fact that PR companies have now decided to tell the banks they need a face lift is about time in my opinion and not too soon. I still believe its not the banks who should be doiing this but the Building Societies who should be using PR and marketing to reconfirm the friendly face of banking - unless you were a customer of N&P with a Keydata account , but then again did get your money backall told. It's the Building Societies who were the community banking houses, they helped you save for your first house and arranged the mortgage for you , the whole family would bank with this one Building Society.
I think Banks have become too distant from their customers and too driven by their commercial drivers and money generation ideas. PR is only part of the answer to this much bigger problem.