Pub. 12 2022-2023 Issue 5

you differentiate from the competitors and how you can meet their needs. After all, consumers are more likely to do business with a company they feel is reputable and trustworthy. Six Ways to Effectively Market Your Financial Solution While marketing a financial institution can be challenging, it’s essential to establish credibility and trust with a potential customer. Consider these tips for how you can promote your financial institution effectively: 1. Understand your target audience: Who is your target audience? Conduct market research to understand financial needs, demographics, and behavior. 2. Develop your brand story: Solidify your values, mission, and vision to help stand out. 3. Create a strategic marketing plan: Determine different strategies and tactics to promote your institution to your highest-value prospects at the right place and time. Don’t forget to include your goals, budget, channels, and brand messaging! 4. Leverage digital marketing: You can use various digital platforms to spread the word about your financial institution — from SEO to social media. Identifying your goals and budget will help you determine the product mix to use. 5. Focus on putting your customer first: Emphasizing customer service is essential to build trust and loyalty with your customers. 6. Measure your results: Data will be your best friend in your marketing journey. It will help you track performance and help you gain an understanding of what strategies are or aren’t working. Leveraging a customer-focused approach, a well-defined brand identity, a multi-channel marketing plan, excellent customer service, and a commitment to continuous improvement will help grow your business and drive revenue. Adam’s career centers on creating, building, operating, and leading highly successful media organizations. He helped launch Techint Labs to create a conversion-focused media agency that helps brands utilize emerging advertising technology to earn attributable results. Before Techint Labs, he led digital strategy for national clients at Digital First Media, the United States’ second-largest newspaper publisher. According to Think with Google, 53% of consumers constantly research before buying to ensure they make the best choice possible.

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