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No Small Change - Why Financial Services Needs A New Kind of Marketing (Hardcover)
Loot Price: R902
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No Small Change - Why Financial Services Needs A New Kind of Marketing (Hardcover)
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A 13-point manifesto for a new financial services marketing model
Anthony Thomson knows a thing or two about new and disruptive
financial services, having co-founded and chaired first the
ground-breaking Metro Bank and then the purely digital, app-based
Atom Bank. And as a financial services marketing specialist for
over 30 years, Lucian Camp has helped develop more new and
innovative financial services propositions than anyone. Now they've
put their heads together to write No Small Change, a passionate,
opinionated and practical manifesto arguing that the fast-changing
financial services world urgently needs to rethink the whole of its
approach to marketing. Most of all, they propose that an
increasingly digital, fintech-driven industry needs not just more
marketing, but also better marketing to make sure it's successfully
identifying consumers' real needs, and finding powerful and
successful ways to engage with them. After detailing the forces of
change that demand a new approach, the book then examines in 13
chapters what the key components of that new approach should look
like. It takes a broad and multi-faceted perspective, exploring
areas as diverse as the crisis of consumer trust, the ever-growing
power of Big Data, the importance of leadership and corporate
culture and the rapid advance in thinking based on Behavioural
Economics. In developing these themes, the authors don't pull their
punches. The book is fiercely critical of some of the industry's
long-established marketing habits, providing compelling reasons why
it's time to abandon the practices that have given it a bad name.
Marketers will applaud, but the book is also intended for a broader
audience. Thomson and Camp challenge senior management in financial
firms to appreciate the real value that marketers can bring to
shaping the business agenda at the highest level, and not just to
label marketing with that tired old phrase "the colouring-in
department." Rich in anecdotes, comments from leading industry
figures, personal experiences on the part of both authors and
findings from original research, No Small Change is an entertaining
and rewarding read - and, at this point in the development of
financial services, a timely and important one.
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