answersLogoWhite

0


Best Answer

(1)Better Customer Services

(2)Customer need identification

(3)Customised Products

Girish Wadhawa (09326367366)

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Marketing for promotion of business in banks involves?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Marketing

What companies use affiliate marketing?

Affiliate marketing is a popular marketing strategy used by numerous companies across various industries. It involves a partnership between a company (the advertiser or merchant) and individuals or other businesses (affiliates or publishers) who promote the company's products or services in exchange for a commission on each sale or lead generated through their efforts. (Check link in my bio) for a comprehensive list of my favorite Affiliate programs


WHAT IS the role of marketing to support bank deposit mobilization?

As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse, the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves. The role of the marketing department here is to reach out to more and more customers and explain to them the benefits of depositing their money with the bank thereby generating more deposits for the bank.


Who are the target audiences for a business plan?

A business plan can either solve the business owner to stay on the planned path, help employees understand the business or it provides information for acquiring loan and any additional capital (banks, investors).


When do you need a business plan consultant if you're a small business man?

If you want to get a loan through a bank, then it is important to have a business plan worked up in order for the banks to have an good idea on what you are looking for in your business. Also a business plan is a good organized map of the future of your busines.


Marketing strategies for banks?

One of the best ways you can increase your lead generation in a bank is by using an effective content marketing strategy. Engaging your potential customer in relevant expertly written content. Here's a website that provides this specially for bank customers. http://www.linent.com/

Related questions

What has the author Jesper Blomberg written?

Jesper Blomberg has written: 'Marketing shares, sharing markets' -- subject(s): BUSINESS & ECONOMICS / Banks & Banking, Investment banking, Stock exchanges, BUSINESS & ECONOMICS / Finance, BUSINESS & ECONOMICS / Marketing / General, BUSINESS & ECONOMICS / Investments & Securities


How do banks segment their payroll base?

Having prepared several business plans for niche banks, I can tell you that many segment payroll according to the following broad categories: * Executive Management * Operations & Compliance * Clerical & Administrative * Marketing


What is a good way to start a business?

by taking a small business or a self employment program. If you need funding these types of programs can help you with a business plan to present to banks to gain loans. Also some accounting and marketing is usually included aswell.


How can marketing concept be applied in commercial banks?

get money.


What is an Outer Banks Internet?

Web Design and Internet Marketing on the Outer Banks in North Carolina.


What has the author M A Hasnat written?

M. A. Hasnat has written: 'Role of nationalized banks in the development of small scale industries' -- subject(s): Finance, Industrial policy, Industrial promotion, Small business


The federal reserve banks mainly do business with?

Other banks


What companies produce online newsletters?

Online newsletters are a great way to keep ones clientele up to date with current marketing and promotion ideas direct to ones email. Many companies such as Sobey's, Frugal Gourmet and Banks offer weekly online newsletters.


Which banks offer a Business Rewards Credit Card?

There are many banks that offer a Business Rewards Credit Card. Examples of banks that offer a Business Rewards Credit Card includes Capital One and Chase Bank.


What are the Importants of banks in the economy?

the importants of banks is that if banks dont lend to business and other banks to whole economy starts collapse


Which banks give out small business loans?

Many banks give out small business loans such as Bank of America, Chase, and Wachovia.


What banks offer a business management consultant?

Many of the large banks that have many locations offer a business management consultant. Bigger banks that are Internationally focused such as JP morgan and Citibank.