Moneysupermarket.com Group PLC is a british price comparison website-based business specialize in fiscal services. The web site enables consumers to compare prices on a scope of products, including energy car insurance, family indemnity, travel indemnity, mortgages, accredit cards and loans. The party ‘s 2016 allude was one of the four that received the most complaints from the public in that year. Moneysupermarket is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index .
history [edit ]
The company was founded by Simon Nixon and Duncan Cameron as a mortgage subscription business in 1987. [ 2 ] It expanded quickly during the mid-1990s. [ 3 ] In the recently 1990s, Nixon realised that the presentation of easy access to the internet would create opportunities for web-based businesses. He launched a web site which facilitated price comparison for personal loans and credit cards [ 4 ] which was marketed as a clientele to consumer commercial enterprise. [ 2 ] As the web-based business expanded to offer mortgage comparisons, Nixon decided to close the traditional mortgage subscription business which at the time was known as mortgage 2000. [ 2 ] As Cameron had been recruited to run the IT side of mortgage 2000, there was no longer a full-time function for him and, from 2002, he merely became a silent partner in the business. [ 5 ] [ 6 ]
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In 2000, Moneysupermarket announced the launch of Travelsupermarket.com. The web site operated in the same way as Moneysupermarket, but compared prices for the travel market. The goal of Travelsupermarket was to provide crystalline price, describing the accurate differences between the different price structures being offered. [ 7 ] In 2002, the company appeared in The Sunday Times ‘ Fast Track 100, and it was besides the eightieth fastest growing technical school occupation in the United Kingdom in the menstruation from 2000 to 2002. [ 8 ] In 2003, Nixon was declared Entrepreneur of the class at the National Business Awards. [ 9 ] In June 2007, The Guardian reported that the Moneysupermarket was processing 52 % of all the price comparisons in the UK. [ 6 ] however, the reporter besides pointed out that, in the casing of family and car policy, price comparison websites such as Moneysupermarket rarely include all products on the market and that price comparisons are consequently incomplete. [ 10 ] besides, in June 2007, Nixon acquired Cameron ’ s 47 % stake in the business for £162 million. [ 5 ] late that calendar month, the company was the topic of an initial public offer on the London Stock Exchange at a price that valued the clientele at circa £1 billion. [ 11 ] [ 12 ] [ 13 ] [ 14 ] It was one of the largest technical school flotations in the United Kingdom to have taken place for many years. [ 15 ] In 2012, Moneysupermarket announced the skill of MoneySavingExpert.com for £87 million. Following the acquisition, MoneySavingExpert remained editorially autonomous [ 16 ] and its founder, Martin Lewis, remained as the foreman editor program of the platform. [ 17 ] The company announced in 2015 that Lewis would be reducing his overall property in the Moneysupermarket to 1.5 %. [ 18 ] [ 19 ] In October 2016, the caller announced that Mark Lewis, a former retail conductor at John Lewis, would take over as chief executive officer from Peter Plumb in May 2017. [ 20 ] [ 21 ] In September 2020, in another change in management, Peter Duffy took over as CEO. [ 22 ] On 19 October 2021, Moneysupermarket announced it was acquiring Maple Syrup Media, the owners of the UK cashback web site, Quidco. The sale come is reported to be £87 million in cash, plus an extra £14 million as a submit payment. [ 23 ]
Operations [edit ]
Moneysupermarket [edit ]
Moneysupermarket, which specialises in fiscal services, is the largest comparison web site in the UK by gross. [ 24 ]
Travelsupermarket [edit ]
Travel Supermarket logo The travelsupermarket.com web site, a monetary value comparison web site -based clientele specialize in package holidays, was established in 2004 as a baby site to the Moneysupermarket.com. [ 25 ] Like Moneysupermarket, TravelSupermarket ‘s television advertisements have become known for their humor and use of celebrities. previous ads featured comedian Omid Djalili, former Labour MP John Prescott and X gene stars, Jedward. [ 26 ]
money Saving Expert logo
MoneySavingExpert [edit ]
MoneySavingExpert.com operates a auxiliary of the Moneysupermarket group and provide basic fiscal advice. [ 27 ] It besides operates a Cheap Energy Club which monitors users ‘ department of energy tariffs to ensure users are on the cheap available. [ 28 ]
research [edit ]
Moneysupermarket has a research branch : it has released statistics suggesting that the UK wastes £1.6 billion on energy bills each year from leaving devices such as televisions on understudy. [ 29 ] It has besides found that the price of television subscriptions can be reduced dramatically through streaming services. [ 30 ] In February 2018, the group ‘s research found that 20 percentage of people in Scotland had never switched energy provider. [ 31 ]
Advertisements [edit ]
In 2010, adverts featured comedian Omid Djalili as the quality of “ HaggleHero ”. [ 32 ] From 2011 to 2013 the company ‘s adverts included a world surfing on an inflatable crocodile, a man in a jungle with gorillas and a man going into space. [ 33 ] In August 2013 a newfangled allude was launched, featuring “ Bill ” with an army of cats whilst a spokesman, played by James Lance, referred to Bill as “ so Moneysupermarket ”. [ 34 ] In January 2014, Snoop Dogg and his sung “ Who Am I ( What ‘s My Name ) “ were featured in a newfangled ad. [ 35 ] In August of the same class, the “ Epic Elephunk ” walked around Manhattan with “ Graeme ” riding on its back ; again he was described as “ so Money Supermarket ” ; the soundtrack was “ Word Up ! “ by Cameo. [ 36 ] In January 2015, another advertise crusade was launched featuring a man named Dave ( played by Michael Van Schoik ), walking down a street in L.A, dressed in a shirt, befit jacket, jean hot pants and high heels. He aboard two other people, struts confidently to the birdcall “ Do n’t Cha “ by the Pussycat Dolls, while showing off his big rear to stunned onlookers, including Sharon Osbourne. It was late revealed by the advertise Standards Authority in the UK to be the most complain about ad in 2015 with 1,513 complaints. In their rule, the ASA found that whilst it may be disgusting to some, it did not judge the ad was offensive and the complaint was not uphold. [ 37 ] In July 2015, another attend was launched. It shows a chubby construction worker named Colin ( played by Kyle McIntire ). He dances, gyrates, does a writhe dance and a divide in front of his co-workers and the baffled office staff at the early build up. The birdcall featured in this ad is “ just a short “ by british popular group Liberty X. At the goal of the attend, he besides swings on a wrecking ball ( a reference to the television of Miley Cyrus ‘ Wrecking Ball ). [ 38 ] In January 2016, another television campaign by representation Mother was launched featuring a bodyguard named Gary. The song featured in the ad is “ big Bad Wolf “ by Duck Sauce, an American-Canadian DJ duet. [ 39 ] In April 2016, another allude was released. It showed all three of the ‘epic ‘ people having a dance off in a car park. The song featured in the ad is “ Worth It “ by Fifth Harmony featuring Kid Ink. The ad premiered during the first gear break of Britain’s Got Talent. [ 40 ] ] It was revealed in an article by The Telegraph that in 2016 three of Moneysupermarket ‘s adverts made the top 10 list of most complained about commercials in the United Kingdom, a list produced by the advertise Standards Authority. [ 41 ] Despite the likely electronegativity, the company ‘s new Chief Executive stated that he believed the 2,500 complaints showed their adverts had people talking about the post. [ 42 ] In September 2016, an ad featuring the hashtag ‘epicsquads ‘ was released. This time featuring strutting businessman Dave, his builder equal Colin, and gangs of each of their similarly-attired friends. [ 43 ] In March 2017, another mention featuring Skeletor dancing to the birdcall “ Fame “ by Irene Cara and besides featuring He-Man was released, the attend returned yet again in October 2018. [ 44 ] Later, in August 2017, the sword released another mention, this time featuring Skeletor and He-Man dance to the song “ time of My Life “ from the film “ Dirty Dancing “ with He-Man. [ 45 ] In March 2018, an allude featuring Action Man dancing to the song “ last “ by CeCe Peniston was released. [ 46 ] In March 2019, a new campaign, in tandem with a new logo, was launched featuring a jump computerized tomography and was narrated by comedian and voice over artist Matt Berry. [ 47 ]
In June 2020, a new crusade was released, hush featuring Berry on narrative duties, but this meter, focusing on a “ money calm ” bull who remains sedate even in chaotic situations, a play on the artistic style “ bull in a China shop ”. [ 48 ]