Preview

Customer Satisfaction in Icici Bank

Powerful Essays
Open Document
Open Document
6635 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Customer Satisfaction in Icici Bank
PSG COLLEGE OF ARTS AND SCIENCE Coimbatore -14 An autonomous college and Affiliated to Bharathiar University

The effects of Promotional strategies in the Marketing of financial services in ICICI Bank

by Suryabala.S BBM II Dec 2011

The effects of Promotional strategies in the Marketing of financial services in ICICI Bank

2011

TABLE OF CONTENTS:  

Preface Executive Summery o Research objectives



Introduction o Scope



Research o Research methodology o Sampling o Data collection

 

Literature review Data Analysis and interpretation o Online banking o iMobile o PAYBACK o Privilege Banking o ATM Banking

  

Recommendation Conclusion Reference

Suryabala.S

Page 1

The effects of Promotional strategies in the Marketing of financial services in ICICI Bank

2011

PREFACE

Effectiveness is the measure of the gap between results and objectives. Lower the gap, higher the effectiveness. Thus it is an evaluation of the advertising and other marketing process used as promotional strategies. The promotional evaluation process is frequently called accountability. Management wants the promotional managers to identify exactly what results were obtained for the marketing investment and to provide evidence of the return on investment. After all, advertising uses the scarce resources that could be invested in a number of ways. Therefore, the question that management poses is, “Did our promotional strategies reach the customers and show any effect?" And it is the job of the advertising campaign planner to be able to answer that question. To do so usually requires some form of promotional evaluation. Evaluation of advertising campaign effectiveness is a form of research though it is somewhat different from other forms. Most research is used to predict what might occur in the market place. Effectiveness research, on the other hand is used to determine exactly what did happen. Although this information might be used as a basis for future actions, its basic purpose is

You May Also Find These Documents Helpful

  • Good Essays

    To have an effective promotional campaign, the method of communication being used should target the desired market, grab the attention of the desired audiences, and causing the audience to remember the name of the product while give them a reason to want to try the…

    • 406 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Marketing Effectiveness-We successfully reached customers through our advertising. We received the Highest Ad Judgment in Second Segment.…

    • 1380 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Marketing 500

    • 1283 Words
    • 6 Pages

    Measuring advertising effectiveness is one of the key components to having a successful marketing campaign. If you are concerned about…

    • 1283 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Marketing research is partly able to solve the problem of accountability of marketing. Consider the basic approach to evaluating the effectiveness of marketing activities - a system of performance marketing.…

    • 2050 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    The primary role of evaluating the performance of a communications is to see that the advertising objective has been met and that the strategy has been effective.…

    • 506 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The case study “Getting the Most out of Advertising and Promotion”, is about testing the outcome of an advertisement and promotion. Before advertisements and promotions were not something one would be able collect statistics on television promotions or the effect of advertisement, all was only a matter of faith. Marketing departments might have collected voluminous statistics on television show and coupon redemption, and once they collected that information, they measure everything to compare the costs of marketing with total sales. This procedure did not take care of the most important measurement. What a business owner wants to know, what is most important to them is the incremental sales of the product over and above those that would have happened without the advertisement and promotion. This case study is about the new kind of marketing data. It is data correlated information on actual consumer purchases. This information is, “available from universal product code scanners used in supermarkets and drugstores”. (Magid, M. Abraham & Leonard M. Lodish , 1990 p. 12)…

    • 716 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Internship is a prerequisite for students willing to attain a MBA degree in the department of MIS of Faculty of Business Administration, University of Dhaka, Bangladesh. The internship program includes a period of 12 weeks of on-the-job-training where I could have first-hand observations concerning the utility of the customer service department. During the organizational attachment period an intern works on a project and writes report on that project in the report-writing period. I have been routed in the customer service division (CSD) of Bank Alfalah Limited, Motijheel Branch, under the supervision of Mr. Md. Maksudul Haque, the head of Customer Service Division. I decided to work in this department and selected the subject of my internship report as “Analysis of the Customer Satisfaction of Bank Alfalah Limited”. I have worked in this department closely during my internship tenure and I firmly believe that, this experience will give me an extra edge.…

    • 10368 Words
    • 42 Pages
    Good Essays
  • Good Essays

    18 16 14 12 10 8 6 4 2 0 UG Diploma PG Other 9 Frequency 11 14 16…

    • 1206 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Banking is the backbone of any economy which has seen many changes in the past decades. In such changing times, technology has emerged as the great enabler for banks. “Digital Banking” has become the new buzz word in the industry. Banks nowadays have been vying to transition from the providers of plain vanilla banking services to become universal banks where ATMs, Internet banking, mobile banking and social banking are the norm. The customers have become more demanding which has led to the concept of "Anytime Anywhere Banking". Smartphone penetration is also growing and the customers are looking not just for a product or service…

    • 998 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    3.Internet, Cell Phones or other devices are used to send or post text or images intended…

    • 3889 Words
    • 16 Pages
    Satisfactory Essays
  • Good Essays

    Banks play an important role in the economy of any country. A sound and healthy banking system is a must for sustainable economic acceleration. Banks occupy a firm strategic position in the monetary and fiscal system of a country. As the world is changing and economies are growing; banks have undergone far-reaching changes in terms of its operations and functions it performs. The foundation of the banking sector is its customers. Customer delight refers to foreseeing customer needs, providing solutions ahead of time and presenting the unexpected Customers are satisfied when they are provided with products and services that are according to their expectations. Delighting customer is not as simple as it appears to be. Delighting customers means exceeding the expectations of the customers. Since banking sector provides homogenous products and services to its customers so there must be some unique attributes that not exactly meet but also surpass the customer’s needs and expectations and gratify them.…

    • 806 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    To make a questionnaire first of all we need to understand management problem of SBI Bank.…

    • 452 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Media vs Big Idea

    • 374 Words
    • 2 Pages

    Case studies of past advertising campaigns will be evaluated, and criticized on the effectiveness in terms of creating awareness. There is a need to determine between ‘Conceptual Process’ and ‘Execution’ as the main driving force behind successful advertising campaigns.…

    • 374 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Internet banking is increasingly becoming a popular channel for banks to provide banking services to their customers. The trend is not isolated in developed countries but also is taking place in developing and less developed countries. The widespread of Internet Banking is probably due to its benefits.…

    • 2005 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Practical Banking

    • 1605 Words
    • 12 Pages

    financial transactions over the Internet through a bank’s website. Online banking provides many advantages to consumers. Consumers can access data any time, anywhere irrespective of location and hours of operation of the bank. Customers are not the only beneficiary of this new service. Making use of online banking, commercial banks may greatly increase the market coverage and better track customers. Though it sounds like a win-win situation for both the parties still online banking is not that prevalent, in spite of the wide spread of personal computers and internet service.…

    • 1605 Words
    • 12 Pages
    Satisfactory Essays

Related Topics