Trend Report

Benchmarking UK Banks' Sales Sites, 2010

The Co-Operative Bank Has The Best Content And Functionality

Vanessa Niemeyer, Ph.D.
 and  two contributors
Jun 16, 2010

Summary

Forrester evaluated the Web sites of the 10 largest UK retail banking brands — Barclays, Halifax, HSBC, first direct, Lloyds TSB, Nationwide, NatWest, Santander, The Co-operative Bank, and Yorkshire Bank — using our Web Site Functionality Benchmark methodology. The Co-operative Bank tops our review because it supports users who want to research and buy a current account in all phases of the customer journey. Highlights on The Co-operative Bank's Web site are effective campaigns; a promotion of 15 reasons to join the bank; and a good mix of sales-oriented, informative, and educational product content, as well as helpful post-application information both online and via email. No other bank scores well across the board. Many are strong in attracting customers — fewer are good at supporting product comparison and selection, and most sites score poorly in the application phase.

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