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The Recency Trap and Building Deposit Balances

South State Correspondent

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. The data would indicate not marketing to a new customer is a mistake.

Marketing 195
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KFC To Offer Meatless Fried Chicken At Select Locations

PYMNTS

The meat will be tested for a few months in stores throughout Nashville, Tennessee and Charlotte, North Carolina. KFC said it will use data collected from the test to determine whether it will expand the meatless product nationally. Our intention is to not run out,” said Andrea Zahumensky, KFC’s chief marketing officer.

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Sears Looks To Shoes And Precious Metals To Jump-Start eCommerce

PYMNTS

The push into shoes — specifically national shoe brands like Dockers, G.H. APMEX, one of the world’s largest online retailers of precious metals, will be bringing the metals to Sears’ market. Bass & Co. and Lucky Brand — makes sense as well.

Nashville 104
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Instacart Raises $271M On $7.8B Valuation

PYMNTS

Just last week, the company announced the national expansion of Instacart Pickup, a new grocery click-and-collect service that provides customers with broadened delivery and/or pickup options, enabling them to order via Instacart and pick up the groceries at retailers. At that time, the company had a valuation of $4.35

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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10 Lessons From The Small Business Banking Conference

South State Correspondent

Recently, the American Banker hosted their annual Small Business Banking Conference in Nashville, and as always, it was one of the better banking conferences of the year. Whole Banking is a Function of Team Banking Selling, servicing, and marketing small business banking is expensive because of the complexity.

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Instacart Rolls Out Grocery Pickup Nationwide

PYMNTS

7) the national expansion of Instacart Pickup, a new grocery click-and-collect service. “We’re proud to offer our customers more ways to get the groceries they need when they want them,” said Ed Rick, director of consumer marketing and digital at Tops Friendly Markets in the same press release. ”