Brand analysis
A +5 rise in Overall Effort Score isn’t quite enough to shift Metro Bank from the bottom place in the Financial Services in the UK table, where it has ranked for three straight quarters now.
The brand has no doubt had a positive three months in Customer Effort. It has improved its scores in all four pillars wave on wave, with the biggest growth seen in ‘Style of Communication’ where it added +6 points.
‘Speed of Resolving Problems’, which added +3 points wave on wave, may be where the brand should place its Customer Effort focus. Metro should aim to improve the percentage of customers who highly rate the ability to speak to a customer service agent that can help them with their query.
Or could new consumer messaging the answer? Metro recently launched a new campaign with the streamline ‘This is Relationship Banking’. Will this help customers see the bank in a new light? Time, and the Customer Effort Index, will tell.