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Have you seen How To SELL Anything?

This incredible sales handbook distils an expert's lifetime of sales and marketing experience and hands it to you on a platter, in a simple, easy-to-follow format. With existing customers being the most valuable source of income for any business, this book will teach you how to increase your return business and make more profit from your most loyal customers - and even how to reduce the costs of dealing with your least profitable customers.

Get it on Amazon (Kindle/Print)
 

How mobile banking earned a 300% ROI

When banks allow customers to use a mobile device to check balances, transfer money, pay bills, apply for credit, and manage their personal finances, they can achieve returns on investment of as much as 300%, according to a study commissioned by Accenture.

The mobile banking channel, the study found, provides an opportunity for banks to create a more meaningful dialogue with their customers, deepening loyalty and broadening the services to which their customers can subscribe.

In fact, according to Andy Zimmerman, director of mobility services for Accenture, the banks studied have found that high mobile adoption and ROI hinges upon providing a suite of services that are relevant to their customers, educating customers on how to use mobile services, and regularly measuring customers' usage patterns and satisfaction rates. Banks generating the highest returns on their mobile banking investments achieved that level of ROI by emphasizing customer convenience, providing rich exchanges of information between bank and customer and accurately measuring how customers use their mobile phones to bank.

"Bank customers want greater control over managing their finances and prefer to bank in ways that fit their lifestyles," said Zimmerman. "Technology is enabling customers to move beyond simple account notifications sent by text message from their banks to more sophisticated interactive applications."

According to the study, financial institutions with successful mobile banking programmes share several common features:

Among the ten major financial institutions studied, the report's key findings included:


Sources: Accenture /
The Marketing Factbook.
Copyright © 2011 - 2025 The Marketing Factbook.

    Categorised as:

  • Customer Experience
  • Customer Loyalty
  • Knowing The Customer
  • Marketing Know-How
  • Marketing Technology

Have you seen How To SELL Anything?

This incredible sales handbook distils an expert's lifetime of sales and marketing experience and hands it to you on a platter, in a simple, easy-to-follow format.

With existing customers being the most valuable source of income for any business, this book will teach you how to increase your return business and make more profit from your most loyal customers - and even how to reduce the costs of dealing with your least profitable customers.

You'll learn to sell yourself, sell your products, and sell your brand on the internet, writing high-conversion landing pages, social media posts, and more. You'll start attracting customers you didn’t even know existed, and learn the top trade secrets for customer retention.

You'll become a lean, mean selling machine. See how the experts do it and learn to adapt what they've done for your own profit. You'll learn to write strong, powerful, effective sales copy, whether it's for a sales script, sales letter, flyer, insert, advert or just about anything else.

You'll learn how to sell whether you're selling by telephone, by mail, or even meeting prospects face-to-face. You'll find out how to size them up, present yourself, nail down their true needs, close the sale, and learn to tackle the tricky ones.

You'll discover the biggest secrets of successful direct mail sellers, sales letter writers, and how to segment and choose the right prospects for each campaign.

Get it on Amazon (Kindle/Print)
 
Copyright © 2001-2025 Peter J. Clark