HUNTSVILLE, AL., Feb. 6, 2024 – DeepTarget Inc., a transformational financial services company that provides Growth-as-a-Service™ aka GRaaS™ to community financial institutions (FIs), announces the release of its latest whitepaper “Is Marketing a Strategic Growth Initiative for Your Financial Institution? If Not, Why Not?”
The whitepaper highlights reasons why digital marketing has become a strategic growth initiative that must be embraced by financial institutions. In today’s ever-changing financial services landscape, digital marketing plays a pivotal role in driving business growth. It enables brands to scale reach and engagement across digital channels such as websites and social media to target, acquire, and retain customers.
The whitepaper also explores how the advent of digital marketing has revolutionized the way businesses communicate with customers. A key advantage of digital marketing is the ability to leverage data and AI to gain valuable insights into customer behavior. Financial institutions can use these insights to deliver personalized experiences, improve customer service, manage risk more effectively, enhance operational efficiency, make real-time decisions, and gain insights from unstructured data.
For financial institutions to maintain a competitive edge, this new reality risk cannot be ignored. Financial institutions that embrace digital marketing with support from their C-suite are well-positioned to thrive in the digital age and foster long-term success. A top-down, well-crafted digital marketing strategy leads to continued growth and increased accountholder retention.
“In the current market, banks and credit unions are doing themselves a disservice by viewing marketing solely to promote products and services,” said Preetha Pulusani, CEO of DeepTarget. “Digital marketing should be a crucial source for retention and strengthening account holder relationships through personalized and meaningful communication, consistently and at scale.”
Powering the digital communication revolution for credit unions and banks with Growth as a Service (GRaaS), DeepTarget enables their growth of assets - deposits & loans, revenue, new members/customers, digital users, account holder relationships & loyalty and more. GRaaS is backed by a risk-free money-back guarantee and powered by their patented DXP currently deployed by 100s of FIs. GRaaS combines a skilled labor force and best practices to utilize data and AI insights from multiple data sources for a seamless, meaningful communications experience wherever, whenever and however their consumers' bank. For additional information visit www.deeptarget.com and follow them on LinkedIn.