The Open UniversitySkip to content

Online customer relationships in the European financial services sector: a cross-country investigation

Ellis-Chadwick, Fiona; McHardy, Peter and Wiesehofer, Hildegard (2002). Online customer relationships in the European financial services sector: a cross-country investigation. Journal of Financial Services Marketing, 6(4) pp. 333–345.

Full text available as:
PDF (Accepted Manuscript) - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Download (156kB)
DOI (Digital Object Identifier) Link:
Google Scholar: Look up in Google Scholar


Reportedly, over the past 30 years there has been a general sense of willingness, on behalf of suppliers and customers alike, to develop increasingly close `emotional' relationships based on trust. While buyers reward suppliers with brand loyalty, suppliers in turn develop strategies continually to energise this `connective' relationship. As customers and suppliers increasingly become physically connected to one another via computer networks an important emergent issue is whether the nature of their relationship is changing as a result of transactions taking place across these networks. This paper discusses part of an exploratory research project designed to question the extent to which computer-based technologies that previously enabled the building of emotionally connective relationships through the analysis of customer data are instead facilitating anonymous transactional relationships. The project focuses on organisations in three European countriescolon; France, Germany and the United Kingdom. The broad aims are to explore whether consumer segments are emerging, that actually prefer the minimal personal interaction afforded by sophisticated new computer technology, and to examine the extent to which financial service organisations are responding to the demands of such segments. The paper includes an outline of the contextual background, followed by the research methodology and a discussion of the findings. Conclusions are drawn about the implications of these findings for both industry practitioners and academic researchers.

Item Type: Journal Item
Copyright Holders: 2002 Henry Stewart Publications
ISSN: 1363-0539
Extra Information: This is a post-peer-review, pre-copyedit version of an article published in Journal of Financial Services Marketing, as cited above.
Keywords: customer relationship management; Internet banking; European financial service sector
Academic Unit/School: Faculty of Business and Law (FBL)
Item ID: 27754
Depositing User: Fiona Ellis-Chadwick
Date Deposited: 22 Feb 2011 12:14
Last Modified: 21 Mar 2018 09:57
Share this page:


Altmetrics from Altmetric

Citations from Dimensions

Download history for this item

These details should be considered as only a guide to the number of downloads performed manually. Algorithmic methods have been applied in an attempt to remove automated downloads from the displayed statistics but no guarantee can be made as to the accuracy of the figures.

Actions (login may be required)

Policies | Disclaimer

© The Open University   contact the OU