Thursday, 11 April 2013

Banking Billboard Strategies v2: Nordstrom or Wal*Mart?

Welcome to the second installment of Banking Billboard Strategies.

In this episode, we have a bank that can't decide what it wants to be when it grows up. Does it want to be best price? Or best service? Undecided? No worries. Go for both! There is nothing like draining the treasury by investing in top notch personnel, systems, and processes, and charge little for the effort. I can't think of a business that has succeeded with this model, but maybe one will come to me.

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Do you know any financial institutions that are making this work?

~ Jeff

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