Mobile Onboarding Flashcards

1
Q

Strap Line

A

And new savings on boarding Experience via mobile app for new members and new savings accounts for existing members

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2
Q

Teams

A
  1. Acquisition 1
    2 Acquisition 2
    3 Acquisition 3
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3
Q

SM

A

Chad Kirkham

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4
Q

PO

A

Dan Lapsley

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5
Q

SM (Deloitte)

A

Rachel Haywood

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6
Q

Why

A
  1. We don’t have our per Mark share (3% easy access).
  2. Limited propositions impact our credibility.
  3. 40% of customers who start their journey dropout
  4. 30% who complete the journey have to contact our customer centres.
  5. Currently On.net technology
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7
Q

OKRs

A
  1. Improve conversion from 60 to 80%.
  2. Decrease failure rate from 30% to 5% in app.
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8
Q

Cost & Benefit

A

7.5M
3M pa 24 (by increasing easy access, we could reduce funding needed for limited access propositions
£5M pa (25)

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9
Q

How

A
  1. At new savings accounts for existing customers (June).
    2 R1- New customers and existing ones can on board via the app (Q4 – Q1)
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