Technology has changed the way financial institutions interact with consumers. Over the years, in-store visits to banks have decreased from more than two dozen to roughly three visits per year. This trend encourages financial institutions like yours to find innovative ways to stay in touch with the consumers who’ve embraced the digital age. This means it’s more important than ever for your financial institution to implement a digital marketing strategy.
How to Start the Digital Conversation
The digital age allows your financial institutions to stay in constant communication with consumers. In order to create a strong presence, your financial institutions must use content to establish expertise with your targeted audience. Consumers want to receive insights, increase their knowledge on financial literacy, attend webinars; read blogs and case studies. If you work on getting started with one of these digital marketing techniques you will create trust between your financial institution and the consumer.
Digital marketing would also allow your financial institutions to set measurable goals and find ways to successfully achieve those goals. After getting buy in from executives and setting measurable goals it’s time to build the foundation and start executing your plans by:
- Reaching Your Audience
There are plenty of channels that your financial institution can use to reach your targeted audience. Some of those channels include email marketing, website marketing, mobile marketing, social media marketing, paid social media, and blogging. Choosing one or two to get started with will enable you to reach more of your consumers.
- Driving Engagement with Financial Education
Engaging with your audience through of financial education has a lot of benefits. Not only can your financial institution show off their expertise, but also your company can learn about their target audience and take them on a new journey with your financial institution.
- Tracking & Maintaining Engagement
Once your financial institution has engaged with your targeted audience, it is important to track and maintain the results. By doing so, this allows your financial institution to pull insights, create data and find new ways how to interact with your new targeted audience.
To learn more about digital marketing and best practices join us for our upcoming webinar on July 20th 1PM EST on The Ultimate Guide to Digital Marketing. If you can’t join us for the webinar check out the guidebooks that started it all, The Ultimate Guide to Financial Digital Marketing.