By Shaw Taylor on October 14th, 2011
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Retail banking is now witnessing a change similar to when banks began embracing the Internet in the 1990s. Back then, banks actively pursued the opportunity but their efforts lagged that of other industries and consumer demand.
Fast-forward to 2011, where social media is providing retail banking with a similar opportunity; some 750 million consumers spend [...]
By Gavin James on October 5th, 2011
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When customers have a bad experience, they’re often more connected to how they FEEL about it, than the issue itself. That’s why you need to sharpen your focus on how people react to your business. Timely and effective communications can help you manage negative sentiment, rebuild trust, and promote loyalty.
If customers voice disgruntled opinions [...]
By Shaw Taylor on August 19th, 2011
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As Twitter has taken the social media sphere by storm –over 300 million users and 1 billion pieces of content per day, as of May 2011— it’s no wonder that businesses around the globe are relying on this venue to communicate with customers. Despite strict regulations, even financial services organizations are jumping into the game, [...]
By Gavin James on July 13th, 2011
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When your company takes on a merger or acquisition, you may see great opportunities, but you should also keep a sharp eye on how the transition affects your customer experience. With all the challenges of change–how do you retain customers and strengthen brand loyalty so you can capture the full value of the deal? In [...]
By Gavin James on May 13th, 2011
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In today’s business world, real ROI and long-term profitability come from optimizing the customer experience –and a key part of this is effective communications. From marketing to servicing, through interactions across all touch points, you need to communicate in ways that resonate with your customers.
So how do you figure out what to say and [...]
By Gavin James on March 4th, 2011
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Do your customers embrace you as an ally? …or tolerate you as a necessity?
Think about an industry such as financial services. Most people need to rely on banking to manage and grow their money, because at some point the hiding-it-under-the-mattress strategy doesn’t scale up. But for many customers, banking isn’t fun or inspiring; it’s [...]
By Nina Katz on February 17th, 2011
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What information do clients want from their financial advisors? Recent publications and common sense say that it’s more than reports, charts, and graphs.
1. Clients want to know how the reporting they receive relates to their personal situation and goals. That’s why Rockland Bank “provides ‘road map’ reports that track the client’s portfolio from the [...]
By Gavin James on November 4th, 2010
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As we mentioned in Best practices for writing to customers – Part 1, one of the most effective ways to build brand loyalty is through communications that quickly and easily help your customers get what they need, when they need it –and feel great doing it. Flowery praise isn’t enough; your messaging should reflect you [...]
By Gavin James on November 2nd, 2010
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In today’s highly competitive business world, winning brand loyalty is not only a primary goal, it’s mission critical –and that means consistently providing an exceptional customer experience. A big part of that is in your communications. Are they clear and concise? Can customers quickly understand what to do, or do your service letters launch into [...]
By Nina Katz on October 15th, 2010
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When was the last time you received a really compelling business communication? Considering the volume of email, letters, instant messages, and more that compete for our attention every day, it’s not surprising that your customers may miss an important message from you.
Every business wants to create well-written communications that stand out, but they often [...]
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