Key Takeaways
- 59% of consumers say they switched financial providers in the past 12 months
- 51% of bank customers say they have low trust in financial institutions
- 30% of banking customers said they would consider switching banks if they found a better digital experience
- 82% of marketers say personalization is critical to their marketing success
- 63% of financial services marketers are using content marketing as part of their strategy
- 72% of consumers who do a search for a local service end up visiting a business within a day
- 9% of US bank marketing expenses are spent on advertising
- 38% of marketers say they plan to maintain or increase marketing budgets despite uncertainty
- 34% of companies cite “brand awareness” as the top marketing goal
- 95% of banking organizations use AI or plan to use AI in marketing by 2025 (use verified survey)
- 58% of consumers say they are concerned about how banks use their personal data
- 75% of consumers say they want to control how their data is used
- 23% of financial institutions say they are using chatbots for customer service and acquisition
- 80% of banks are investing in digital transformation initiatives
- 64% of consumers are more likely to stay loyal to brands with good customer service
Banks must earn trust with real-time personalized, transparent omnichannel mobile experiences.
Customer Behavior & Preferences
Customer Behavior & Preferences Interpretation
Marketing Channels, Digital & Analytics
Marketing Channels, Digital & Analytics Interpretation
Budgeting, Spend & Performance
Budgeting, Spend & Performance Interpretation
Regulatory, Risk, and Ethical Marketing
Regulatory, Risk, and Ethical Marketing Interpretation
Competitive Intelligence, Brand & Technology
Competitive Intelligence, Brand & Technology Interpretation
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