Comparing the current results to its competitors, Intersections Inc reported Revenue decrease in the 4 quarter 2017 year on year by -5.24 %, despite the revenue increase by the most of its competitors of 5.03 %, recorded in the same quarter.
Intersections Inc's Comment on Competitors and Industry Peers
The increased use of e-commerce (including the use of mobile applications),
social media and the Internet, as well as the amount of reported breaches of
consumer data by large retailers, healthcare providers and other organizations
has compounded the amount of identity theft and identity fraud events. As a
result, the markets for our Personal Information Services segment are quite
robust and growing continually. We operate in a highly competitive and rapidly
changing environment. We believe that the competitive factors in our market
include access to a breadth of identity and consumer transaction data, broad
and effective service offerings, brand recognition, technology, effective and
cost-efficient customer acquisition, customer satisfaction, price, quality and
reliable customer service, and accurate identification of appropriate target
markets for our business. Our principal competitors include the following companies
and their subsidiaries or affiliates: Equifax; Experian; TransUnion; LifeLock;
AllClear ID; and Davis & Henderson in Canada. We compete with these companies
to provide our services to our distribution partners’ customers and our
own direct subscribers. Some of our competitors have substantially greater financial,
technical, human and other resources than we do, which may allow them to devote
greater resources to developing, promoting and selling services, offer services
at lower prices than we do and develop and launch new products and services
more quickly or effectively than we do. In addition, competitor distribution
to and retention of new subscribers may benefit from greater brand recognition
and brand loyalty than we have or may be able to achieve.