Brand analysis
First Direct has increased its Overall Effort Score by +2 wave on wave, but that’s not enough to move out of second place this time.
It’s a position that First Direct has held for four straight quarters now, with Lloyds remaining just -1 point behind in third.
All four pillars have grown wave on wave. The brand has recorded +3 increases in ‘Style of Communication’ and ‘Valuing the Customer’, and +2 rises in ‘Knowledge & Expertise’ and ‘Speed of Resolving Problems’.
Earlier this year the brand announced what the Express is describing as a “huge change” for its customers as from April they will no longer be able to use HSBC self-service machines to make deposits into their First Direct accounts. They will have to speak to a member of staff instead.
We’ll be keeping a watchful eye on the ‘Speed of Resolving Problems’ pillar this summer. It could be a huge opportunity for great service.