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Banks are everywhere, and everyone needs one, unless they hide money in their mattresses! With so...

Banks are everywhere, and everyone needs one, unless they hide money in their mattresses! With so much competition out there, how do you think that a bank can set itself apart from others by using social media or direct marketing?

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Answer #1

The main thing for a bank to do well in the competition is by differentiating themselves from others by offering new products to the public and also increasing the customer satisfaction. They can use social media to quickly answer the individual needs since in the changing technology every one cannot come to bank and get their queries resolved and social media acts like medium for direct interaction and also provide customized and personalized solution to each and every one. The same benefits can be getting by direct marketing

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