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    Trade Globalization
    International firms accelerated their globalization operations over the last few decades because of the development of the internet, improved telecommunications technology, the unending quest for cheap labour, improved international trade laws and treaties; and a spat
    r face to face contact.

    When it comes to segmenting industry for lending Small & Medium Enterprises are the current favourites of both banks and RBI.

    There is increasing talk of banking sector getting transformed from large number of small banks to small number of large banks. The presumption is that there is a definite premium on size. But as long as they have a niche in customer s

    Six Drivers of Customer Loyalty
    Many well-known companies have famously fashioned mission, values and vision statements that claim they begin and end with their customers. Oh, but were it so in reality! Be this as it may, these carefully crafted proclamations are nevertheless informative and valua
    With access to cheaper funds through GDR/ADR issues, Euro loans etc. big corporations are shying away from bank finance. This trend of disintermediation among corporate has caused the banks to focus on Retail portfolio for growth. Retailing makes sense from Risk Management perspective also since it reduces Concentration Risk. With the focus on Retail Banking, banks are giving market segmentation a serious look to identify the differences between groups of potential customers and to decide which products can be served to which groups.

    There are the following groups of banking customers: Self-Directed Planners. Well educated, slightly above average income, seek financial information from variety of sources and retain control of financial matters, frequently use financial products, open to borrowing, accept reasonable risk.

    Simplifiers. Less educated, less affluent, older, do not seek financial advice often, use fewer more basic products, prefer local banks, least open to borrowing, tolerate low risk only, not sensitive to price, prefer face to face contact.

    Fickle Shoppers. Average income, predominantly non working female, do not seek financial advice, use fewer more basic products, open to borrowing particularly on credit cards, accept reasonable risk, not so sensitive to price, prefer remote channels – specifically ATM or telephone banking.

    Advice Seekers. Well educated, affluent, predominantly male, seek financial advice, heavy users of financial products, higher transaction frequency, tolerate higher risk, very sensitive to price, prefer face to face contact.

    When it comes to segmenting industry for lending Small & Medium Enterprises are the current favourites of both banks and RBI.

    There is increasing talk of banking sector getting transformed from large number of small banks to small number of large banks. The presumption is that there is a definite premium on size. But as long as they have a niche in customer se

    Low Cost Franchise Opportunities
    There are may franchise opportunities for people with small budgets. A low cost franchise does not necessarily mean a business with low income potential. Trawling through the franchise market, I have discovered that some of the best franchises only need a small initia
    n a serious look to identify the differences between groups of potential customers and to decide which products can be served to which groups.

    There are the following groups of banking customers: Self-Directed Planners. Well educated, slightly above average income, seek financial information from variety of sources and retain control of financial matters, frequently use financial products, open to borrowing, accept reasonable risk.

    Simplifiers. Less educated, less affluent, older, do not seek financial advice often, use fewer more basic products, prefer local banks, least open to borrowing, tolerate low risk only, not sensitive to price, prefer face to face contact.

    Fickle Shoppers. Average income, predominantly non working female, do not seek financial advice, use fewer more basic products, open to borrowing particularly on credit cards, accept reasonable risk, not so sensitive to price, prefer remote channels – specifically ATM or telephone banking.

    Advice Seekers. Well educated, affluent, predominantly male, seek financial advice, heavy users of financial products, higher transaction frequency, tolerate higher risk, very sensitive to price, prefer face to face contact.

    When it comes to segmenting industry for lending Small & Medium Enterprises are the current favourites of both banks and RBI.

    There is increasing talk of banking sector getting transformed from large number of small banks to small number of large banks. The presumption is that there is a definite premium on size. But as long as they have a niche in customer s

    Advertising on Local Cable or Radio, Which is Best and Why?
    Most advertising executives and their sales forces will have all sorts of statistics why radio is better than cable television advertising or why cable advertising is better than radio. And each set of statistics is rather convincing indeed.Yet they contradict
    s, open to borrowing, accept reasonable risk.

    Simplifiers. Less educated, less affluent, older, do not seek financial advice often, use fewer more basic products, prefer local banks, least open to borrowing, tolerate low risk only, not sensitive to price, prefer face to face contact.

    Fickle Shoppers. Average income, predominantly non working female, do not seek financial advice, use fewer more basic products, open to borrowing particularly on credit cards, accept reasonable risk, not so sensitive to price, prefer remote channels – specifically ATM or telephone banking.

    Advice Seekers. Well educated, affluent, predominantly male, seek financial advice, heavy users of financial products, higher transaction frequency, tolerate higher risk, very sensitive to price, prefer face to face contact.

    When it comes to segmenting industry for lending Small & Medium Enterprises are the current favourites of both banks and RBI.

    There is increasing talk of banking sector getting transformed from large number of small banks to small number of large banks. The presumption is that there is a definite premium on size. But as long as they have a niche in customer s

    Branding Your Brand Image With Promotional Products & Gifts
    Branding is one of the most visible concepts in today’s marketing world. Everything is about branding – literally. Your company’s brand is more than its name or its logo. It’s an amalgam of everything that’s visible about your company. Your brand reputation used to be
    fewer more basic products, open to borrowing particularly on credit cards, accept reasonable risk, not so sensitive to price, prefer remote channels – specifically ATM or telephone banking.

    Advice Seekers. Well educated, affluent, predominantly male, seek financial advice, heavy users of financial products, higher transaction frequency, tolerate higher risk, very sensitive to price, prefer face to face contact.

    When it comes to segmenting industry for lending Small & Medium Enterprises are the current favourites of both banks and RBI.

    There is increasing talk of banking sector getting transformed from large number of small banks to small number of large banks. The presumption is that there is a definite premium on size. But as long as they have a niche in customer s

    Marketing as a Spiritual Practice
    “Marketing as a spiritual practice.” It sounds contradictory – how can sales and promotion possibly be considered spiritual? But the secret is, once you truly understand that marketing isn’t all about struggle, jargon, tricks or gimmicks, spiritual practice is the ver
    r face to face contact.

    When it comes to segmenting industry for lending Small & Medium Enterprises are the current favourites of both banks and RBI.

    There is increasing talk of banking sector getting transformed from large number of small banks to small number of large banks. The presumption is that there is a definite premium on size. But as long as they have a niche in customer service, small banks will continue to exist and thrive since banking is no assembly line manufacturing and is all about building and fostering customer relationships

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