Americans United with Global Consumers in Wanting to Better Manage Cash Flow and Time, Seek Greater Value and Improve Speed and Convenience When Shopping, Banking, Traveling or Visiting Their Doctor
DULUTH, Ga.--(BUSINESS WIRE)--Jul. 15, 2009--
Eighty-five percent of global consumers, and 79 percent of American
respondents, are more likely to do business with companies that provide
multi-channel self-service,
via a mobile device or at self-service
kiosks, according to the latest global survey of consumer attitudes
in 16 countries commissioned by NCR
Corporation (NYSE: NCR) from BuzzBack Market Research.
The survey reveals how self-service is playing a key role in providing
consumers around the world with more flexibility and choice as they
change their purchase decisions and behavior in order to beat
recessionary pressures. When shopping,
banking, traveling or visiting their doctor, American respondents are
looking to use multi-channel self-service to better manage their cash
flow and time, seek greater value and improve speed and convenience.
The consumer research paints a picture of American consumers who are
coping during the economic downturn by paying with cash to curtain
spending, surfing the internet for the best discounts and product
information, bargain hunting or ‘shop hopping’ between their favorite
retailers in search of the best deal and choosing store brand or generic
products over brand name options. They also have clear expectations of
what they want from staff in retail stores, with 73 percent looking for
retail staff to personally help them find what they’re looking for and
75 percent wanting staff to facilitate a quick check out.
When traveling, American respondents said they are stretching their
dollars during the recession by turning to low cost flight, car rental
and hotel options. Almost 80 percent of American respondents said they
were likely to choose a travel company that provides the flexibility to
interact easily via multi-channels
through online, mobile and kiosk solutions over one that does not.
Respondents also said they like the convenience of a kiosk for self
check in at the airport, printing of their boarding pass, and checking
in and out of their hotel room.
As consumers adapt their behavior to cope with the downturn, they are
also looking for more advice and help from companies with decisions.
Forty percent of Americans surveyed said that self-service creates a
more positive view of a company’s brand, with 43 percent saying their
likelihood to use self-service has increased over the past year.
“Our research shows consumers are seeking out those companies that can
offer both value and service by adapting quickly to their changing needs
in these uncertain times,” said NCR
Executive Vice President - Industry Services John Bruno.
“Multi-channel self-service is a smart capital investment. It provides
the choice that consumers are demanding while being cost-effective to
companies that allows them to redeploy employees to improve service and
sales. As consumers experience these benefits of self-service across
multiple industries, they will come to expect the same levels of
interaction in more aspects of their lives. ”
Those surveyed said they have made changes in their lives to manage cash
flows more effectively.
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50 percent of Americans surveyed said they are opting to use cash over
other payment options.
-
30 percent are using ATMs
more frequently for smaller withdrawals.
-
40 percent are paying
bills just before the due date.
-
30 percent are paying their bills online, via their mobile phone or at
an ATM/kiosk.
When seeking financial advice American respondents are facing the
following challenges:
-
30 percent find it difficult setting up a convenient time to meet with
an advisor.
-
30 percent find it hard tracking down an advisor with the specialized
knowledge to discuss their financial future.
-
83 percent would find it useful to overcome the difficulty of getting
financial advice by booking appointments with advisors online, through
a mobile device or branch kiosk.
-
28 percent of Americans surveyed would like shorter lines and faster
service at the teller line.
Respondents are also changing their shopping patterns and loyalties as
they seek out deals to attempt to obtain more value for their money.
-
80 percent of American respondents said they are hunting down the best
sale.
-
46 percent are looking for value through online discount coupons, and
via reviews and price comparisons from retailers.
-
53 percent are switching between retailers or ‘shop hopping’ to get
better value.
As shoppers change their shopping behavior they also have greater
expectations of advice and service in-store.
-
73 percent said they are looking for retail staff to personally help
track down what they want.
-
75 percent want staff to facilitate a quick check out.
-
49 percent said they would welcome a self-service
kiosk in stores to locate products.
-
43 percent said they would enjoy large screen displays to provide
product information or alert them to discount offerings.
When they’re traveling, American respondents are looking for value and
convenience at an affordable price.
-
72 percent of Americans surveyed said they are adapting to the
economic downturn by turning to low cost flight, car rental and hotel
options.
-
76 percent surveyed said they were likely to choose a travel company
that provides the flexibility to interact easily via multi-channels
through online, mobile and kiosk solutions over one that doesn’t.
-
44 percent said they like the convenience and flexibility of a kiosk
for self check in and printing of their boarding pass.
-
39 percent also welcome the convenience of a kiosk for checking in and
out of their hotel room.
When managing their health, Americans respondents said they want better
service for their money and would welcome the flexibility of multi-channel
service when dealing with their healthcare providers.
-
76 percent of American respondents find it frustrating waiting at
their doctors’ offices or hospitals.
-
50 percent are fed up with completing paperwork and filling out
multiple forms.
-
70 percent said they were more likely to choose a health care provider
that reduced frustration by providing the flexibility to interact
easily via online, mobile and kiosk.
-
61 percent would also choose a provider who offered appointment
scheduling and prescription refills.
-
54 percent would welcome the flexibility to book appointment on the
internet, and obtain test results or follow-ups securely on the
internet.
-
43 percent want to mange their personal information online.
NCR commissioned BuzzBack Market Research to conduct NCR’s 2009
Self-Service consumer survey with 8,400 people across 16 countries in
North America, Latin American, Europe, Middle East and Africa and Asia
during January 2009 and December 2008. This survey covered over 500
American respondents. BuzzBack LLC is a leading international market
research firm headquartered in New York City.
About NCR Corporation
NCR
Corporation (NYSE: NCR) is a global technology company and leader in
automated teller machines, self-checkouts and other self- and
assisted-service solutions, serving customers in more than 100
countries. NCR’s software, hardware, consulting and support services
help organizations in retail, financial, travel, entertainment,
healthcare and other industries interact with consumers across multiple
channels. NCR is headquartered in Duluth, Georgia.
NCR is a trademark of NCR Corporation in the United States and other
countries.
Source: NCR Corporation
NCR Corporation
Alan Ulman, 770-623-7998
alan.ulman@ncr.com