Part 1 of this two-part series looks at the importance of leveraging social media contextually in the banking industry. The example of a credit card is used to illustrate how social media can be used at each stage of the generic buying process to establish a connect with customers, starting with the first stage: Need Recognition and Problem Awareness. The remaining four stages are addressed in this installment...
As the adoption of social media is growing astronomically, it is clearly becoming the next-gen customer engagement channel of choice for industry. The banking industry is likely to be the frontier in adopting next-gen technologies, including social-networking-enabled business processes ...