Dealing with Easter, royal weddings and holidays

Published on

Don’t totally write off those 11 days in April/May, argues Justin Rees, director of marketing and partnerships, LeadPoint UK

The first quarter of the year is traditionally strong for the financial services industry and this year has been no different with a busy couple of months already behind us. We are now well into March and the days are getting noticeably lighter and there is a touch of spring in the air but there is no let up until late into April as this year Easter is late with Good Friday not until 22 April.

While many of us will be looking forward to a well earned break, the Easter slowdown can have a significant impact on businesses as people use the four day weekend to take an extended holiday and this has an effect on transaction levels in what is still a tough market.

This year there is even more cause for consternation as the much anticipated Royal Wedding that has filled up countless column inches over the last few months will finally take place on 29 April and for those businesses getting ready to count the cost of the Easter Break, Wills and Kate’s April nuptials will no doubt make things worse.

When the date was announced in November, Royalists and Republicans alike celebrated not so much for the union of our future King but a chance to take 11 days holiday for the price of three! This effectively means that for a large proportion of the population, the working month of April ends on 21 Thursday and for many companies this presents a major challenge as business levels will be severely impacted by losing one third of the trading month. However, the good news is there is still plenty of time to prepare for April slowdown and even a significant opportunity to turn the situation to your advantage.

Inevitably, hundreds of thousands of people will jet off on holiday or take time off work over the extended Easter break but there are still hundreds of thousands of people looking for advice about financial products and services and they are increasingly going online first looking for advice. Lead generation is one of the most effective ways to reach these consumers as lead generation companies can aggregate enquiries from hundreds of websites and thousands of consumers. Just as credit cards can be thought of as “consumption smoothers””

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and...

Rely cuts buy-to-let rates by up to 25bps

Rely has reduced rates by up to 25 basis points across a range of...

Latest publication

Other news

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...