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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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Car Subscription Market Set To Grow 71 Percent By 2022

PYMNTS

Beyond BMW and Cadillac , the subscription market is growing as consumers and brands take note: Software vendors, too, are turning to subscriptions, according to the PYMNTS Subscription Commerce Tracker. We see a very big market niche for ready-made meals,” Griesel was quoted as saying to the Rheinische Post newspaper.

Marketing 110
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Instacart, Walmart Canada Work On Grocery Delivery Pilot

PYMNTS

According to a report in USA Today in August, the service was available in Atlanta and Augusta, Georgia; Knoxville, Memphis, and Nashville, Tennessee; Little Rock, Arkansas, as well as other cities and regions. The goal is to have the service in 120 metropolitan markets by October, which will cover 1,600 stores.

Nashville 109
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Homie Unlocks $23M In Funding To Expand Its Homebuyer Program

PYMNTS

Fresh off a new round of Series B equity funding that secured $23 million, the company intends to expand into three new markets this March, including in Las Vegas. Co-founder Johnny Hanna revealed that Homie had looked at Dallas for its next market expansion, but also has its sights set on Boise, Colorado Springs, Nashville and Seattle.

Las Vegas 131
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Mercedes-Benz Unveils Luxury Car Subscriptions

PYMNTS

Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement. According to Bloomberg , the service was to be offered by a local BMW dealership in Nashville starting on April 2.

Nashville 111
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Impact Roadshow | Nashville, TN

Filene

This Impact Roadshow offers you and your team a convenient and fun way to find out how Filene takes the best ideas, rooted in research and proven in the market, and makes them scalable and sustainable to drive change in your credit union.

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Nordstrom Pilots reCommerce With ‘See You Tomorrow’ Concept

PYMNTS

As the newest traditional merchant to try the expanding resale market on for size, Nordstrom is intending to sell secondhand clothes at its New York flagship and through eCommerce. The shop-in-shop puts the retailer against Vestiaire Collective, The RealReal and other companies in the rapidly expanding secondhand fashion market.

Nashville 131