Finance Market Research

Driving Financial Innovation with Data-Driven Insights:

Leverage comprehensive market research and cutting-edge analytics to transform financial trends into actionable strategies, fostering stronger customer engagement and driving sustainable growth. In today’s rapidly evolving financial landscape, our insights empower banks, insurance providers, investment firms, and fintech companies to make informed decisions, ensuring long-term success.

In the rapidly evolving finance sector, understanding consumer behavior, market trends, and regulatory dynamics is essential for success. At Vodus Research, we specialise in providing tailored market research solutions specifically for banking, investment, insurance, and fintech businesses.

Our comprehensive market analyzes offer insights into client preferences, financial product trends, and emerging technologies, empowering these institutions to make informed decisions. We gather and analyze extensive data on consumer behaviors, helping you understand your clients’ needs and motivations, allowing you to tailor your products and marketing strategies effectively.

Staying competitive is crucial, and our competitive analysis identifies your rivals' strengths and weaknesses, helping you pinpoint opportunities for growth. Additionally, our trend analysis uncovers evolving dynamics, such as the rise of digital banking, changing consumer expectations, and innovative financial solutions, enabling you to innovate and adapt swiftly.

Vodus Research is dedicated to delivering high-quality, actionable insights that drive banking, investment, insurance, and fintech businesses forward. Our experienced team employs our cutting edge OMTOS survey technology to provide reliable data, ensuring that you remain at the forefront of the finance sector.

Finance Market Research

Unlocking Insights, Driving Success in Southeast Asia's Financial Market

Vodus Research delivers insights that empower finance professionals in Southeast Asia. Our market research enables informed decision-making and helps you seize opportunities, driving success through data-driven strategies and a deep understanding of consumer behavior in the financial landscape.

Our Finance Market Research Solutions

Target Segment Research for Finance

Identifying the specific needs of clients is crucial for financial success across various sectors. Our Target Segment Research provides insights into client demographics, preferences, and behaviors, enabling banks, investment firms, fintech and insurance companies to tailor their products and marketing strategies effectively.

By understanding their ideal customer segments, financial institutions can enhance engagement and conversion rates, ensuring that their offerings resonate with clients.

This targeted approach ultimately leads to more meaningful relationships and improved business outcomes.

Customer Satisfaction Research for Finance

Understanding client experiences is essential for financial institutions to thrive. Our Customer Satisfaction Research helps banks, investment firms, and insurance companies assess client perceptions and service quality. By identifying strengths and weaknesses, these organizations can enhance customer support and tailor their offerings to meet client expectations.

This proactive approach fosters loyalty and trust, ultimately driving retention and encouraging referrals in a competitive market where relationships are crucial for long-term success.

Brand Health Tracking For Finance

Monitoring brand reputation is essential in the finance sector. Our Brand Health Tracking solution enables consumer financial companies, such as credit card providers, personal loan lenders, and mortgage brokers, to assess critical metrics such as trust, awareness, and overall perception over time.

By understanding how clients view their brand, these institutions can proactively address potential issues and reinforce positive attributes.

This continuous evaluation helps maintain a competitive edge, ensuring that brands remain relevant and trusted in a marketplace where reputation is paramount.

Product Innovation Research for Finance​​

Staying ahead of market trends is crucial for competitiveness in finance, especially for banks and consumer lending institutions. For example, our Product Innovation Research can uncover a rising demand for flexible repayment options among borrowers. By collecting feedback on new lending concepts, banks can create innovative products that meet these specific client needs.

This research-driven approach not only boosts client satisfaction but also positions companies as industry leaders, empowering them to adapt quickly to changing market dynamics.

Market Research for Finance

How engaged are your financial services, banking and insurance customers? Why are they switching to competitors? Vodus Research’s insights address these challenges and transform strategies for financial institutions. Our solutions help clients innovate services and enhance engagement, enabling them to achieve their goals in a competitive landscape.

Challenges

1
Evolving Consumer Expectations

Financial institutions often struggle to keep up with rapidly changing consumer expectations for services like mobile banking, personalized insurance plans, or fintech solutions. This can result in products that fail to meet modern demands.

Solutions

1
Consumer Needs Analysis

Vodus uses proprietary OMTOS survey technology to conduct research to understand the financial needs, behaviors, and preferences of your target audience. This allows institutions to develop tailored products and services that better align with customer expectations.

Challenges

2
High Risk of New Product Launch Failures

Launching new financial products, such as credit cards, insurance policies, or digital wallets, comes with significant risk if they are not properly validated, potentially leading to low adoption rates.

Solutions

2
Concept Testing & Validation

We test new concepts for financial products or services with the target market before launch. We gather feedback to refine the offering, reduce the risk of failure, and ensure that the product meets market demand.

Challenges

3
Difficulty Differentiating in a Competitive Market

With numerous banks, insurance companies, and fintech startups offering similar services, it’s challenging for financial institutions to differentiate their products and create a unique value proposition.

Solutions

3
Competitive Positioning Research

We analyze the market landscape and competitor offerings to identify gaps and opportunities. This allows financial institutions to create differentiated products or services that stand out in a crowded marketplace.

Challenges

1
Difficulty Tracking Brand Performance Over Time

Banks, insurance firms, and fintech companies need to track how their brand awareness, consideration, and preference change over time, but they often lack the tools to do so effectively.

Solutions

1
Track Brand Performance Over Time

Vodus uses proprietary OMTOS survey technology to accurately track key brand health indicators, including awareness, loyalty, and sentiment, to understand how consumer perceptions evolve and make necessary adjustments to stay relevant.

Challenges

2
Unclear Brand Perception

Financial institutions often struggle to understand how their brand is perceived by consumers, particularly in terms of trust, credibility, and customer satisfaction, which are crucial in the finance sector.

Solutions

2
Measure Brand Perception

We use brand tracking research to measure key attributes such as trust, credibility, and customer satisfaction. This provides financial institutions with insights into how their brand is viewed and where improvements can be made.

Challenges

3
Weak Connection Between Brand and Trust

In the finance sector, trust is critical. If consumers do not feel confident in a financial brand, they are unlikely to engage with its products or services.

Solutions

3
SWOT analysis combining brand performance and brand potential

We conduct comprehensive SWOT analysis that evaluates the brand's performance and potential in the marketplace. This helps financial institutions capitalize on their strengths while addressing weaknesses that may hinder brand trust and customer retention.

Challenges

1
Broad or Undefined Target Audience

Financial institutions often market their services too broadly, leading to inefficient campaigns that don’t resonate with specific customer segments.

Solutions

1
Target Segment Analysis

Vodus break down the market into distinct customer segments based on financial behaviors, needs, and demographics. This helps financial institutions identify the most valuable target groups for their products or services.

Challenges

2
Overlooking High-Value Segments

Banks, insurance companies, and fintech firms may fail to identify key segments that are most likely to benefit from specific products, resulting in missed opportunities to increase market share.

Solutions

2
Identify High-Potential Segments

We use segmentation research to identify low-hanging fruits—customer groups that are likely to convert with minimal effort. This allows financial institutions to focus resources on the most promising segments.

Challenges

3
Inability to Deliver Targeted Marketing Messages

Many financial services companies struggle to create marketing messages that effectively speak to the unique needs of their different customer segments.

Solutions

3
Develop Tailored Marketing Messages

We create personalized marketing messages for each target segment that speak directly to their financial needs and preferences, whether it’s saving, investing, or insurance. This leads to more effective customer engagement and acquisition.

Challenges

1
Unclear Effectiveness of Ad Campaigns

Financial institutions often struggle to measure how effectively their advertising campaigns resonate with consumers, particularly when promoting intangible services like loans, investment products, or insurance.

Solutions

1
Measure Ad Recall Rate

Vodus track how well consumers remember your ads after exposure. This helps gauge whether your messaging is resonating with the audience and creating awareness about your financial products or services.

Challenges

2
Difficulty Identifying the Right Audience for Ads

Without proper analysis, banks, insurance firms, and fintech companies may miss reaching the right audience, wasting resources on ads that don’t convert.

Solutions

2
Measure Audience Profile for Ad Recall

We analyze the demographic and behavioral profile of consumers who recall your ads. This ensures your campaigns are reaching the right segments, such as high-net-worth individuals, young professionals, or small business owners.

Challenges

3
Inability to Measure Ad Impact on Consumer Behavior

Financial institutions need to measure how their ads influence consumer behavior, such as increasing inquiries, sign-ups, or policy purchases, but many lack the tools to do so effectively.

Solutions

3
Measure Ad Impact on Consumer Behavior

We evaluate the direct impact of your ad campaigns on key behaviors such as account sign-ups, loan applications, or insurance inquiries. This allows financial institutions to optimize future campaigns for better ROI.

Get started today!

Let us help you grow your company with accurate market research insights.

Get in touch with us now

Fill this form and we'll get in touch with you shortly.