Remove Comparison Remove Customer Experience Remove Management Remove Marketing
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Solve This Problem with Your Strategic Horizon

South State Correspondent

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) and about an 80%+ return spent on reducing customer churn, increasing lifetime value and/or helping cross-sell. Bank management should, of course, strive to increase cash flow as soon as possible.

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Bank IT Spending – Use These Metrics to Improve Performance

South State Correspondent

Marketing and technology (IT) are two budgets that have taken the most significant hit. Benchmarking can help banks better optimize capital as it gives bank management a sense of what the average is for the industry. As such, bank budgets have come under scrutiny. Usually, a bank spends about 8% of its revenue on IT.

Capital 195
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What Did You Expect? Delivering Experiences that Meet Customer Expectations (Part 2 of 3)

Perficient

By understanding the elements that mean the most to their customers, designers and marketers can create more effective offers and ensure that offer messages convey the most compelling ideas. Targeting customer expectations requires speed and innovation but not precise marksmanship. In the Tolerance Zone.

Meeting 348
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What Did You Expect? Delivering Experiences that Meet Customer Expectations (Part 1 of 3)

Perficient

In marketing and design circles we often measure success in terms of meeting customer expectations. The American Customer Satisfaction Index defines customer expectations as “a measure of the customer’s anticipation of the quality of a company’s products or services.” Signals that Shape Desire.

Meeting 309
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Ecommerce is Dead, Long Live Digital Commerce

Perficient

Adopting a digital commerce mindset is different in comparison to ecommerce and how it impacts your organization overall. Digital commerce means looking at your business holistically to determine what you should change and address to benefit your customers. Giving Your Customers Digital Insights.

Resources 340
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A step-by-step guide to financial institution strategic planning

Abrigo

Learn how to tap your data to generate management insights. The following steps can help narrow it down and focus your goals: Send out a simple, future-oriented survey to the board and executive management (read on for sample questions) to determine strengths, weaknesses, opportunities, and threats to your financial institution.

Lending 221
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What Did You Expect? Delivering Experiences that Meet Customer Expectations (Part 2 of 3)

Perficient

By understanding the elements that mean the most to their customers, designers and marketers can create more effective offers and messages. Targeting customer expectations requires speed and innovation but not necessarily precise marksmanship. That’s because they have less experience and fewer points of comparison at hand.

Meeting 428