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KIWISAVER, MORTGAGES, CREDIT CARDS AND MORE THOUSANDS of different - - PowerPoint PPT Presentation
KIWISAVER, MORTGAGES, CREDIT CARDS AND MORE THOUSANDS of different - - PowerPoint PPT Presentation
COMPARE LOANS, KIWISAVER, MORTGAGES, CREDIT CARDS AND MORE THOUSANDS of different financial products MONEY COMPARE LAUNCHING JULY 2018 NEW ZEALAND COMPARISON SPECIALISTS HOW DOES IT WORK FOR FINANCE COMPANIES? Money Compare places
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THOUSANDS of different financial products
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MONEY COMPARE – LAUNCHING JULY 2018
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NEW ZEALAND COMPARISON SPECIALISTS
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Money Compare places unique tracking link on their website Site user clicks through to Kiwi bank and makes an application
Money Compare will earn a commission and Kiwi bank will acquire a customer on a pay for performance basis
Application is tracked
HOW DOES IT WORK FOR FINANCE COMPANIES?
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Price comparison websites (PCW) are a growing trend in consumer shopping habits
A recent UK survey found that 85% of consumers with access to the internet have used a PCW in the last year.
Source: The Competition and Markets Authority, UK GOV - Digital comparison tools market study
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NZ COMPARE USER NUMBERS
www.moneycompare.co.nz
10000 20000 30000 40000 50000 60000 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Broadband Power Mobile Travel Money NZ Compare
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Over 2.7m Active KiwiSaver Members 1% switch with Money Compare = Rev. $3m+ p.a. Circa 312,000 Mortgage Approvals per year If 2% use Money Compare = Rev. $1.6m+ p.a. Plus… Credit Cards, Personal Loans, Insurance, Current Accounts, Term Deposits, Saving Accounts…
SIZE OF MARKET FOR MONEY COMPARE
www.moneycompare.co.nz
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Transparency and ease of use Pay for performance Level playing field Enhanced efficiency
BENEFITS FOR CONSUMERS & FINANCE COMPANIES
www.moneycompare.co.nz
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Gavin Male –
Founder & Managing Director gavin@nzcompare.com 021 086 46 020