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A�nity Research Brief
Identity Theft Protection Adds Value to Your
As your members increasingly shop, bank and interact online, protecting their identities is critical. The more information people share online, the more information they have at risk.
your members and prospects want. Use it to learn how identity theft protection can help express your organization’s values while increasing acquisition and retention.
Executive SummaryI 1, 72% said they
distinguish your business by doing so.
LifeLock.com/a�nity | 1.877.511.7906
1
KEY INSIGHTS:
• Many of your members
and prospects are
interested in identity
theft protection
• Those most active
online have the
highest interest
in identity theft
protection
• Members are most
likely to use the
• You can gain a
competitive advantage
theft protection
are likely to sign up for an affinity account offering identity theft protection for free. 36% of those who have already
27% of affinity programs offer identity theft protection according to respondents, you have an opportunity toopted into identity theft protection agreed that services like this increase loyalty to affinity organizations. Because only
This report distills key research findings about the services
INSIGHT: Identity theft protection services are selected when o�ered to members.
Points that can be spent on various items and services
Year-end dividends
Discounts at selected retailers
Gas rebate
Hotel stays
Invitation to special sales or events not open to public
Complimentary hotel amenities, like a free breakfast
Price protection / price guarantee
Discounts on first or business class airfare
Donations to charitable and educational organizations
Extended warranty / purchase protection
Identity theft protection services
Complimentary access to airline airport lounges
Car rental discounts
Car rental loss and damage insurance
Travel-related insurance or assistance
Cruise discounts
85%
77%
72%
68%
65%
62%
62%
62%
56%
52%
52%
51%
50%
50%
46%
44%
33%
Available Benefits Utilized
Q2: What extra services offered by the organizations you stated you are a member of or have an account with do you use or take advantage of?
2
A�nity Research Brief
LifeLock.com/a�nity | 1.877.511.7906
INSIGHT: Members find identity theft protection services relevant for their lifestyle. 39% of respondents indicated the service was relevant to their lifestyle followed by convenience.
INSIGHT: Individuals who made recent purchases online with their smartphone or tablet are more likely to sign up for identity theft protection
Reasons For Utilizing Benefits
Likelihood of Signing up for Identity Theft Protection in the Future
Q9: How likely are you to sign up for Identity Theft Protection in the future, regardless of whether or not it is provided by an organization you belong to or banking account you have?
Q3: Why did you sign up for these extra services?
The services were relevant to my lifestyle
Convenience
I was planning on signing up for those services on my own anyway
Not sure
39%
37%
20%
20%
15%
4%
Very likely
Somewhat likely
Neither likely nor unlikely
Somewhat unlikely
Very unlikely
29% 12%
32% 23%
19% 32%
9% 18%
11% 15%
35%
61%
Recent online purchase using smartphone or tablet All respondents
3
A�nity Research Brief
LifeLock.com/a�nity | 1.877.511.7906
Among those who have shopped online using a tablet or smartphone recently, 61% are somewhat or very likely to sign up for identity theft protection, regardless of whether it is offered by an organization they belong to.
4
Q4: Do you agree or disagree with the notion that you are more loyal to organizations because they offer extra services?
Very likely
Somewhat likely
Neither likely nor unlikely
Somewhat unlikely
25%
36%
37%
39%
23%
19%
9%
6%
All Opted into ITP via Organization
A�nity Research Brief
LifeLock.com/a�nity | 1.877.511.7906
There is ample evidence that offering identity theft protection to members will strongly benefit an affinity organization.25% of respondents feel that extra services such as identity theft protection will very likely make them moreloyal to affinity organizations. This jumps to 36% among those who have already opted into identity theft protection.
Q1: Thinking about the organizations you are a member of or have an account with in the previous question, what extra services do these organizations offer in addition to their basic offerings?
5
Points that can be spent on various items and services
Discounts at selected retailers
Car rental discounts
Hotel stays
Travel-related insurance or assistance
Extended warranty / purchase protection
Gas rebate
Identity theft protection services
Car rental loss and damage insurance
Invitations to special sales or events not open to public
Price protection / price guarantee
Cruise discounts
Donations to charitable and educational organizations
Complimentary hotel amenities, like a free breakfast
Year-end dividends
Complimentary access to airline airport lounges
Discounts on first or business-class airfare
47%
45%
41%
32%
31%
29%
28%
27%
27%
27%
26%
24%
20%
18%
18%
14%
13%
10%
A�nity Research Brief
LifeLock.com/a�nity | 1.877.511.7906
INSIGHT: There is an opportunity to di�erentiate your business by o�ering identity theft protection
Value-Added Benefits O�ered — A�nity Organizations
According to respondents, only 27% of affinity programs offer identity theft protection as a value-added benefit, suggesting that identity theft protection is an opportunity in the consumer’s mind.
Learn more
LifeLock. An essential accessory for your business. LifeLock is dedicated to protecting your members’ personal information using innovative technologies and sophisticated monitoring solutions. Members receive alerts when personal information is used to apply for utilities, credit cards and loans.And they can count on remediation of identity fraud with a service guarantee that covers up to $1 million in recovery costs. ‡
Research indicates that offering LifeLock® identity theft protection can help you build stronger relationships with members—without adding cost to your overall offerings. Easy to communicate and administer, LifeLock can help protect
1. Survey conducted by Babcock & Jenkins Research using tools by Decipher Inc. and a Research Now panel. Base: US adults 18+ who have a membership
2012 US Census estimates for general population.
‡ The benefits under the Service Guarantee are provided under a Master Insurance Policy underwritten by State National Insurance Company. Please see theactual policy for applicable terms, conditions and exclusions of coverage, which may be accessed through the summary of benefits.
No one can prevent all identity theft
© 2015 LifeLock, Inc. All Rights Reserved. LifeLock, the LockMan Icon, LifeLock Ultimate and “Relentlessly Protecting Your Identity” are registered trademarks of LifeLock, Inc. All company logos and product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.LLBSAF0614B
1.800.LifeLock [email protected] LifeLockBusinessSolutions.com/affinity
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A�nity Research Brief
LifeLock.com/a�nity | 1.877.511.7906