Friday, December 5, 2008

Smarter...Faster...Better

In the current global financial crisis, the average worker is being asked to produce more in the same amount of time at basically the same salary.

Today’s bank marketing professional faces a similar dilemma.  In an era of shrinking budgets and ever increasing responsibilities, we are being asked to produce more with greater results and to do it in less time with fewer dollars.

Now more than ever, bank marketing professionals must search for innovative ways to work smarter…faster…better!

Smarter...

  • Acquire the market and industry intelligence and knowledge to enable you to become a “smarter” strategic partner to your customers
  • Acquire new customers more efficiently and cost-effectively through better targeting and more innovative profiling of prospects
  • Apply more clever and creative tactics in order to outsmart the competition.
Faster...

  • It used to be that the big ate the small.  Now the fast eat the slow!
  • In today’s connected world, customers expect products, services and information to be delivered in a fast, convenient and hassle-free way. 
  • The ultimate profitable survivors in the highly competitive financial services industry will be those who react the fastest to market and competitive conditions with the right products and services to meet the exact needs of customers
Better...

  • Your people, products and customer service must be better than the competition in the eyes of customers and prospects
  • Companies that have earned the reputation of being better than their competition recognize that it is a daily process.  One bad day can begin to unravel a long-term positive effort.
  • Bank marketers must get better at recognizing where profitable opportunities lie before everyone else does

While this may be easier said than done, we owe it to our customers and employers to work a little smarter, faster and better than the competition to deliver the results we all need to keep growing in a trying economy.

Cheers

Nick Vaglio, CFMP

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