5. Com’s Use
First Direct carries out extensive market research amongst customers and non-customers on a regular basis. This includes both quantitative surveys (e.g. questionnaires that can be analysed in a quantitative way) and qualitative research (more detailed research with focus groups of both customers and non-customers to find out their opinions and views). First Direct sends out two major questionnaires to find out customer perceptions of the bank.
1. Questionnaire First Impressions is sent to all new customers, three months after opening an account.
2. The questionnaire First Response is a quarterly survey of 2000 customers who have banked with First Direct for 12 months or longer.
Another important source of feedback to First Direct comes from customers who spontaneously phone or write with suggestions for new services they would like to see introduced