Tender

Customer Insights Programme: Market Research Tender

FAIR4ALL FINANCE LIMITED

This public procurement record has 1 release in its history.

Tender

17 Sep 2021 at 06:44

Summary of the contracting process

The procurement process is being conducted by Fair4All Finance Limited for the "Customer Insights Programme: Market Research Tender," classified under research services. This open tender is currently active and will take place in London, UK. Applicants should submit their bids by 30 September 2021, with the contract expected to commence shortly thereafter on 11 October 2021. The total value of the contract is set at £165,000, covering a project period of up to 360 days and divided into three separate lots focusing on customer segmentation, marketing pathways, and ethnographic research.

This tender presents a significant opportunity for businesses involved in market research, customer insights development, and ethnographic studies. Companies that specialise in understanding low-income customer behaviours and engagement with financial services would be particularly well-suited to tender for this procurement. With an emphasis on delivering actionable insights for financial service providers, successful bidders could position themselves as key partners in enhancing financial inclusion strategies for underserved communities.

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Notice Title

Customer Insights Programme: Market Research Tender

Notice Description

Fair4All Finance is seeking a provider, or multiple providers, to support our broad customer insights programme. This programme is split into three sections (lots), two of which will take place in 2021 and a third which may take place in 2022 depending on priorities and annual planning. Full information is available on the Fair4All Finance website.

Lot Information

Lot 1

This programme is split into three sections (lots). Lot 1: Customer segmentation: Developing understanding of customers in the bottom four income deciles with the outcome of a clearly defined segmentation model. This will help providers better understand low-income customers and those excluded from financial services. This segmentation must focus on customers and their broad range of financial needs including credit usage, savings, banking and insurance. Lot 2: Marketing, brand and purchase decision pathways: we want a deep understanding of how these customers interact with financial services providers when making purchase decisions. This must include the channels used to research and access financial services, brand strength and sentiment, how customers respond to marketing activity and practical recommendations of how providers can effectively reach these customers. Lot 3 (to be confirmed): Ethnographic research and persona development to improve understanding of customer segments and embed learnings.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02e1ce
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/023131-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73110000 - Research services

73300000 - Design and execution of research and development

Notice Value(s)

Tender Value
£165,000 £100K-£500K
Lots Value
£165,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Sep 20214 years ago
Submission Deadline
30 Sep 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FAIR4ALL FINANCE LIMITED
Contact Name
Gary Stephens
Contact Email
procurement@fair4allfinance.org.uk
Contact Phone
+44 7940519544

Buyer Location

Locality
LONDON
Postcode
E1 6LS
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London

Local Authority
Tower Hamlets
Electoral Ward
Spitalfields & Banglatown
Westminster Constituency
Bethnal Green and Stepney

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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