article thumbnail

How banks attract new deposits in a competitive landscape

Abrigo

To succeed, banks must carefully balance competitive offerings with cost control while leveraging technology and relationship-building strategies to attract new deposits. Investing in digital solutions not only improves the customer experience but also positions community banks as forward-thinking financial partners.

article thumbnail

Building A Digital And Subscription Community For Hockey Parents

PYMNTS

The Marketing Strategy . The company typically looks for hockey parents — particularly hockey moms with children around the age of 12 — for its targeted marketing. The company got its start marketing in the blogging world, but its biggest marketing tool came when it needed to drop its acquisition costs in 2017.

Community 161
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Paid social media’s place in your marketing strategy

Independent Banker

As social media platforms tinker with their algorithms, marketing experts say one trend is clear: Paid social campaigns are becoming increasingly necessary to cut through the noise and reach customers. They share tips for how community banks can get started. In its simplest form, it expands the reach of a community bank’s content.

article thumbnail

Marketing Strategies to Drive Loan Volume

Independent Banker

Now is the time to market for loans. Thanks to COVID, 22% of consumers intend to switch banks, and the opportunity for community banks to acquire new customers is ripe. It’s possible to attract highly engaged consumers if you have the right products and marketing strategy.

article thumbnail

The evolution of AI & lending: Parallel journeys shaping the future

Abrigo

In the same way, FIs have consistently leveraged data and technology to solve challenges and serve communities better. These models influenced marketing strategies, collections, and fraud detection tools. Similarly, FIs have consistently leveraged data and technology to solve challenges and serve their communities better.

Lending 221
article thumbnail

How U.S. Demographic Trends Are Reshaping Healthcare Now and Forever –and Why That Matters

Perficient

A patient population mix that is more diverse could mean: A need for more hyper-focused and tailored messaging that considers not just their needs but also how that community likes to be spoken to/with. Going further, they adapted some of those learnings to apply to all of their marketing strategies.

Trends 309
article thumbnail

Mobile vs. Desktop Usage In 2020

Perficient

users spend more time on sports, books and literature, and in online communities. Global users spend notably more time than Americans in online communities and on social networks and finance. Desktop is higher in food and drink, and desktop and mobile are tied for finance and online communities. Four Takeaway Recommendations.

Mobile 421