Customer Segmentation in UK Insurance: Individualism

June 27, 2016: JSB Market Research include a latest Report “Customer Segmentation in UK Insurance: Individualism” Customer Segmentation in UK Insurance: Individualism” focuses on one of eight attitudinally based consumer segments in our proprietary model - individualism - and explores this trait in relation to the market for key financial products.

Summary
Consumer expectations for their interactions with financial services are not built from experience with insurers or banks, but are benchmarked against contact with other retailers and services, such as Amazon, Netflix, and Uber. The Customer Segmentation Market use advance of smart technology, the era of the “always on” generation, our willingness to share personal information in return for a convenient and personal experience, and the Big Data opportunities these create mean the bar is (and should be) high to create delight for the 39% of consumers with a strong sense of individualism.

Key Findings

- A little under half of all customers wish to be empowered to make their own decisions around insurance purchasing.

- Tailoring and bespoke products are only in high demand from a small proportion of customers, but we expect this will be one of the traits that experiences the most rapid shift towards prominence over time.

- Customers who may be defined as belonging within the individualism type are most likely to be older, and are less likely to use bank or comparison site channels for insurance or be led by considerations of convenience.


Synopsis

Verdict Financials “Customer Segmentation in UK Insurance: Individualism” focuses on one of eight attitudinally based consumer segments in our proprietary model - individualism - and explores this trait in relation to the market for key financial products. There are two ways in which individualism can be viewed in consumers approach to their services: wanting the freedom to make their own decisions, and looking for products that are personalized. These desires have an impact on all aspects of the insurance purchasing journey.

Reasons To Buy

- Inform your strategy with knowledge of the key trends and sub-trends that influence insurance consumption habits and develop a competitive advantage around consumer behavior trends.

- Understand the importance of being led by the consumer in the financial services market and define your strategies with insight on what your customers really want.

- Align your marketing strategies with the crucial trends influencing consumer behavior.

To See Complete Report Link: http://www.jsbmarketresearch.com/finance-banking/r-customer-segmentation-in-uk-insurance-individualism-251578

To see latest related Market Report: http://www.jsbmarketresearch.com/finance-banking

Contact Details:
JSB Market Research
Phone: 91 - 998 729 5242
Email - enquiry@jsbmarketresearch.com
Blog: http://www.jsbmarketresearch.com/blog/
Website: www.jsbmarketresearch.com


Contact Details

Company Name: JSB Market Research Pvt Ltd.
Issued By: Nicholas Eden
Phone: +91 - 998 7295 242
Address: JSB Market Research Pvt Ltd. Office No. - 809, 8th Floor, B-Wing, Mahaavir Icon, Plot No.- 89 & 90, Sector-15, CBD-Belapur, Navi Mumbai - 400614, MH- INDIA
City: Belapur
State: Maharashtra
Zip: 400614
Country: United States
Website: Visit the website

Keywords : Customer Segmentation Market,

by Nicholas Eden (last year!)

Latest Press Releases

Text My Main Number Announced Landline Texting Helps Businesses To Improve Customer Satisfact..

Mobile Spray Tan Company In San Diego Announces New Under An Hour Response Service.

Local Austin Locksmith Now offers Home Security Audits in Response to the Increase in Bump Ke..

SMMFans Instagram Following Have Grown 20% in Sixty Days

LED Video Walls Market Global Industry Analysis Trends, and Forecast

End-point Security Market: Global Industry Trend Analysis 2012 to 2016 and Forecast 2017-2025

False Eyelashes Industry: Global Survey, Trends, Outlook, Overview and 2023 Forecast

Global Next-Generation Sequencing Market Research Report 2017 to 2021

Industrial Safety Gloves 2017 Annual Growth Value, Market Trends : Hartalega ,Latexx, MCR Saf..

Global Healthcare Gamification For Pharmaceutical Market 2017 – Apple, FitBit, Jawbone, Nike

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.