Build your professional network on facebook via our app Go to app
 
atul mokashi Sales Executive/Officer, HDFC Bank
 
Create knowledge [?]
 
(rate this)
Apart from decreasing or cut costs, what are the other ways in a banking sector can i increase profit/revenue in a cards operation environment
Ahmed Sultan, ITC  |  Answered  |  3 years ago
You can improve revenue by increasing the applicable fees like processing fee and annual fee.
atul mokashi  |  Answered  |  3 years ago
In operations peples r buzy in there work but try to get maximum leads from your staff . if u motivate them they wii give u more leads and ur sell will automatically increase so not need to cost cutting. 
 
 
Answer: "How can i increase revenue or profit in cards operations within a banking sector. " deleted from your view.
Undo
 
(rate this)
1 understand the needs of customer
2 Fully integrated sales planning
Pragya Kothari  |  Supported idea  "understand the needs of customer"  |  3 years ago
I agree with atul,to build stronger customer loyalty, banks need improved customer knowledge to develop products and deliver services targetted at specific market segments; resulting in more, direct marketing,sales and service tactics.
atul mokashi  |  Added idea  "understand the needs of customer"  |  3 years ago
Helping and solving the problem of customer effectively u can create good relation or contacts with customer.Befor  u say  No u have to understand his needs .if you not able to solve his problem still u try for him it will get good  result.
 
 
Ideate: " How to bring effective customer contact strategy in Retail banks??" deleted from your view.
Undo
Follow me on
TooStep
 
 
Contributions and Connections
 
 
53 Contribution Points
0
0 Expert Badges
[?]
2
Connections
2
Following
2
Followers
[?]