Market Trends: Opportunities In the "Unbanked" Consumer Market

Jul 1, 2005
156 Pages - Pub ID: LA1079258
Abstract Table of Contents Search Inside Report Related Reports
Special Offer. Now 25% off the original price of $1995.
Over the past few years, the financial services industry has made major moves to bring the unbanked consumer into the mainstream, as check cashers, payday lenders, and banks vie for a piece of the newly competitive 10 million household unbanked market. As the interests of the financial services industry and low-income consumers converge, driven by technological advances, government policy, the expansion of the alternative financial sector and major demographic shifts, more and more of the unbanked are using new products, such as card-based “checkless” accounts, retail kiosks and remittance programs.

Market Trends: Opportunities in the Unbanked Market, the newest report from Packaged Facts, offers the most up-to-date demographic information available on the unbanked consumer—particularly on race and buying power—with a focus on Hispanic unbanked consumer. We also break down the market to view the check cashing, payday lending, and remittances markets (and market players) individually.

Our report also provides unbanked product and services trends for banks, credit unions, check cashers and payday lenders, and retailers, including stored value card programs, unique checking and savings accounts, and ancillary services—as well as marketing tools for banks and credit unions.

Report Methodology
The information in Opportunities in the Unbanked Market is based on both primary and secondary research. Primary research involved interviews with marketing, public relations and industry analysts within the banking market and consultants to the industry. Market size data was derived from Information Resources, Inc. Secondary research entailed data-gathering from relevant trade, business, and government sources, including company literature.

What You’ll Get in this Report
Opportunities in the Unbanked Market makes important predictions and recommendations regarding the future of this market, and pinpoints ways current and prospective players can capitalize on current trends and spearhead new ones. No other market research report provides both the comprehensive analysis and extensive data that Opportunities in the Unbanked Market offers.

Plus, you’ll benefit from extensive data, presented in easy-to-read and practical charts, tables and graphs.

How You Will Benefit from this Report
If your company is already doing business in the unbanked market, or is considering making the leap, you will find this report invaluable, as it provides a comprehensive package of information and insight not offered in any other single source. You will gain a thorough understanding of the current market for un- and under-banked consumers, as well as projected markets and trends through 2009.

This report will help:

  • Marketing Managers identify market opportunities and develop targeted promotion plans for unbanked consumers.
  • Research and development professionals stay on top of competitor initiatives and explore demand for nontraditional banking instruments.
  • Advertising agencies working with clients in the banking industry understand the product buyer to develop messages and images that compel consumers to use their services.
  • Business development executives understand the dynamics of the market and identify possible partnerships.
  • Information and research center librarians provide market researchers, brand and product managers and other colleagues with the vital information they need to do their jobs more effectively.

Related Reports:

Underbanked and Unbanked Consumers in the U.S.: Successfully Targeting Consumers of Alternative Financial Services, 2nd Edition
Jul 1, 2011 - LA2826947 - $3,750.00

Latino Consumers: Demographic Patterns and Spending Trends among Hispanic Americans, 8th Edition
Jan 1, 2011 - LA2848314 - $3,595.00

Regulatory Change and The New Consumer Card and Banking Relationship
Dec 1, 2010 - LA2749750 - $3,375.00

Consumer Payment Trends in the U.S.
Apr 1, 2010 - LA2445009 - $3,375.00

Private-Label Credit Cards in the U.S., 6th Edition
Jan 1, 2009 - LA1607848 - $2,640.00

Financial Services for Small Businesses in the U.S.
Mar 1, 2008 - LA1391120 - $3,850.00

Teens, Money, Payment Cards and Financial Services in the U.S.
Jan 1, 2008 - LA1391607 - $3,850.00

Renewable Energy Investment in the U.S.
Nov 1, 2007 - LA1491352 - $3,250.00

Non-traditional Financial Services to the Unbanked, Underbanked and WhyBank? in the U.S.
Aug 1, 2007 - LA1383052 - $3,500.00

800.298.5294
Int'l: +1.240.747.3095
Questions?
Contact a research specialist >

Most Popular Research
Underbanked and Unbanked Consumers in the U.S.: Successfully Targeting Consumers of Alternative Financial Services, 2nd Edition
Mobile and Alternative Payment Systems in the U.S., 2nd Edition
Private Label Credit Cards in the U.S., 7th Edition
Pet Insurance in North America, 4th Edition
Millennials in the U.S.: Trends and Opportunities Surrounding Gen-Y Adults
Commercial Payment Cards: The U.S. and Global Markets and Trends, 7th Edition
Privacy Policy    |    Terms and Conditions    |    Site Map    |    Return Policy    |    Press    |    Help FAQs
Copyright © 2012 Packaged Facts. All Rights Reserved.
A division of Market Research Group, LLC
5/16/2012 - 40
SSL
Contact Us: 800.298.5294 (U.S.)
or +1.240.747.3095 (Int'l)
Hours: Monday - Thursday: 5:30am - 7:00pm EST
Fridays: 5:30am - 6:00pm EST