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Getting It Right: Turning Customer Value Into Competitive Advantage in Retail Banking

PublisherSAS Institute
Format WebcastDate added12 May 2007
Topics Bank Management
Downloads83

While retail banks have long known that growing customer loyalty, customer profitability and share of customer are the keys to competitive advantage, many remain challenged to incorporate customer strategies into a product-focused environment. Product silos, inconsistent customer communications and the inability to act on customer insight across the enterprise block retail banks from grabbing the larger payoffs that customer intimacy offers. In fact, banking customers are the least loyal in the financial services industry.

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