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254) Glance at Your Competitors, Glare at Yourself: Branding in a Tough Economy

254) Glance at Your Competitors, Glare at Yourself: Branding in a Tough Economy

FromBanking on Digital Growth


254) Glance at Your Competitors, Glare at Yourself: Branding in a Tough Economy

FromBanking on Digital Growth

ratings:
Length:
36 minutes
Released:
Dec 20, 2022
Format:
Podcast episode

Description

With the world on the brink of recession, many financial institutions and fintechs are reassessing their branding in a tough economy.

But instead of burying their heads in the sand, financial leaders should see this period as an opportunity for growth.

Mark Arnold, President of On the Mark Strategies, tells us why banks and credit unions should resist cutting their marketing budgets and invest in their brands.  

Join us as we discuss:

- The three legs of the Branding Triangle (6:12)
- Why cutting back on marketing during a recession is a mistake (14:45)
- The distinct skill sets of leaders versus managers (22:28)

Check out these resources we mentioned during the podcast:
- Mark Arnold
- mark@markarnold.com
- On the Mark Strategies

You can find this interview and many more by subscribing to Banking on Digital Growth on Apple Podcasts, on Spotify, or here.

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Released:
Dec 20, 2022
Format:
Podcast episode

Titles in the series (100)

If you’re part of a financial brand marketing, sales, or leadership team, you know the entire industry is in the midst of exponential change fueled by new technologies. Consumers now make purchase decisions long before they walk into a physical branch location, if they walk into a branch at all, while mobile banks, digital lenders, and fintechs have transformed traditional growth models rooted in legacy broadcast marketing and branch sales strategies.Get ready to gain practical insights, proven ideas, and empowering inspiration as financial brand marketing and sales leaders, along with the leading digital marketing and sales technology firms, share their stories to help you maximize your digital growth potential here on Banking on Digital Growth.