(Length: 9 pages)

September 26, 2006

Egg Tops Our UK Direct Banks' Web Site Rankings

This is the third document in the "Evaluating European Bank Web Sites" series.

by Tim van Tongeren

with Cliff Condon, Benjamin Ensor, Ashara Giordanelli


Executive Summary (This is a document excerpt)

Are UK's direct banks setting the standards for developing compelling sales experiences on the Internet? Not according to our findings. Only Egg meets our minimum requirements for effective online sales. The other firms — Smile and First Direct — were no better at it than the high-street banks on average. The sites run into the biggest problems with guiding target users to content and function and impressing prospects with their products and brand. Banks across Europe can learn from Egg how to move prospects through online applications. To get customer experience right, direct firms should put in place site design discipline.

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Technology: Customer Experience, Web Site Design
Industry: Financial Services, Financial Services Customer Experience, Online Financial Products & Services, Retail Banking
Geography: Europe