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Calling All Data-Driven Markets - Banking Needs You Banking New York; Rick Hall, Managing Director, Banking and Financial Services at BKM Marketing

When it comes to new customer acquisition, data-driven marketing is arguably one of the most critical functions banks need to be leveraging. Yet bank marketers are often working with outdated perceptions of value and irrelevant or "dirty" data. It's not a "close up shop" moment, but it is a serious threat to the future of financial institutions. Read more here.

Financial Brand | BKM Marketing Article | Operating in a Constant of Change

Operating in a Constant of ChangeThe Financial Brand Insights; Rick Hall, Managing Director, Banking and Financial Services at BKM Marketing

Digital media has created a platform for large volumes of information to be disseminated quickly and to millions of people every hour of every day. This reality has generated as much noise as it has value to bank marketers and its customers. This is where having a clearly articulated strategy becomes critical – both for the bank or credit union and for its marketing teams. Here is a look at a few institution marketing challenges and three areas to consider when building out your strategy.

Financial Brand | BKM Marketing Article |     4 Strategies for Running an Impactful Data-Based Marketing Program

4 Strategies for Running an Impactful Data-Based Marketing Program, The Financial Brand; Rick Hall, Managing Director, Banking and Financial Services at BKM Marketing

Without proper data analysis in place, bank marketers will not be able to target key retention segments, identify at-risk relationships, or understand key customer preferences and move to a behaviors-based model. Read the full article here to learn about four strategies for organizing and using bank data that will help your marketing investment deliver a positive return that is strategic and sustainable.

Forbes Agency Council | BKM Marketing Article | 	 How to Improve Marketing Personalization — Even With Crappy Data

How to Improve Marketing Personalization — Even With Crappy DataForbes Agency Council; Bruce McMeekin, President and CEO at BKM Marketing

Lacking insightful data is tough for any business trying to keep up in the digital age. According to Salesforce’s “State of the Connected Customer,” 73% of customers “expect companies to understand their needs and expectations,” and 62% “expect companies to adapt based on their actions and behavior.” However, you don’t need stellar data resources to practice personalization. Here are 5 ways to improve personalization with less than perfect data.

Banking New York | BKM Marketing Article | 4 Considerations When Vetting Martech Solutions for Your Bank

4 Considerations When Vetting Martech Solutions for Your BankBanking New York; Rick Hall, Managing Director, Banking and Financial Services at BKM Marketing

The need for technology solutions is real, but the task of selecting among them requires a strategy for identifying the right solutions. When there are over 7,000 Martech options for financial institutions to choose from, where do you begin? Here are four considerations to think about when vetting Martech solutions for your bank.

BAI Banking Strategies | BKM Marketing Article | 4 Questions to Ask When Considering Your Next Fintech Purchase

4 Questions to Ask When Considering Your Next Fintech PurchaseBAI Banking Strategies; Rick Hall, Managing Director, Banking and Financial Services at BKM Marketing

The promise of fintech can be exciting. It can improve both front and back offices. But bankers should use prudence when considering new technology. It pays to look before you leap. Here are four questions to ask when considering your next fintech purchase.

Target Marketing | BKM Marketing Article | USPS Is Changing the Way Brands Use Direct Mail — and It's Free

USPS Is Changing the Way Brands Use Direct Mail — and It's FreeTarget Marketing; Bruce McMeekin, President and CEO at BKM Marketing

Direct mail already powers marketing results that provide a high ROI for savvy brands that use the medium wisely. And with the U.S. Postal Service’s recent launch of Informed Delivery, these results can become dramatically stronger, without adding a penny to direct mail campaign costs. Here are three ways to put Informed Delivery to work.

MTA MarTech Advisor | BKM Marketing Article | 6 Steps to Understand and Connect With Your Audience

6 Steps to Understand and Connect With Your AudienceMTA MarTech Advisor; Bruce McMeekin, President and CEO at BKM Marketing

Marketers often get caught up in all the objectives they are trying to accomplish but struggle to understand which types of advertising catch their audience’s attention. Understanding how brands can engage consumers is critical to success. Here are six steps marketers can take to help them understand and connect better with their audience

International Banker | BKM Marketing Article | Find the Perfect Tech Fit for Your Bank by Asking Vendors These 9 Questions

Find the Perfect Tech Fit for Your Bank by Asking Vendors These 9 QuestionsInternational Banker; Rick Hall, Managing Director, Banking and Financial Services at BKM Marketing

Vetting and validating new technology vendors often falls to bankers and marketers who may lack the technical expertise needed to thoroughly understand the presented technology, including whether it will provide the best solution for the bank’s specific needs. It’s easy to overlook red flags and grasp at what might seem like a simple solution. Following are 9 questions you should be asking.

International Banker_BKM Marketing Article | Adopt an Employee-First Methodology for Optimal Management During a Bank Merger

Adopt an Employee-First Methodology for Optimal Management During a Bank Merger, International Banker; Rick Hall, Managing Director, Banking and Financial Services at BKM Marketing

With federal regulators becoming more receptive to large deals, bank merger approvals have sped up under the Trump administration. Although the anticipated merger activity volume has slowed relative to early 2019 projections, the fact remains that attention to detail in the execution of these combinations has never been more important. The following five steps covered in this article outline how to prepare for an employee-first merger.

Forbes Agency Council | BKM Marketing Article | The Secret Sauce Behind Direct Mail's Resurgence

The Secret Sauce Behind Direct Mail's ResurgenceForbes Agency Council; Bruce McMeekin, President and CEO at BKM Marketing

Savvy marketers are discovering that direct mail is more powerful than ever, especially when they're microtargeting new customers and building deeper relationships with existing customers. Email, robocalls, social media, and many other techniques have their strengths, but cluttered messaging channels render many such approaches unemotional and ineffective. Here are three tips to make your direct mail work harder.

 

 

 

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