Marketing of Financial Services

Paper Code: 
FSG 517
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquaint students with the process of Services Marketing.

9.00
Unit I: 
Financial Service Marketing

Financial Service Marketing- Concept, Characteristics of services, Difference between goods and services, Overview of Service Marketing mix (7P’s), Challenges faced in marketing of financial services.

9.00
Unit II: 
Marketing environment in Financial Services & Marketing Strategy for Financial institutions

Marketing environment in Financial Services :Internal and External

Marketing Strategy for Financial institutions: Introduction, Components, Types of Strategies Adopted by Financial Institutions

9.00
Unit III: 
Bank Marketing & MIS for Banks

Bank Marketing- Concept, Importance, Market segmentation for banks, Types of Marketing Strategy for banks, Marketing Mix-Product Mix, Promotion mix, Price Mix, People and Place Mix,Bank marketing in Rural Areas, Challenges

MIS for Banks: Concept, Importance

9.00
Unit IV: 
Insurance Marketing & Mutual Fund Marketing

Insurance Marketing- Concept, Importance, Marketing mix for Insurance, Market Segmentation of Insurance, Bancassurance , E-insurance

Mutual Fund Marketing: Types of Mutual funds, market segments for mutual funds, mutual funds marketing in Indian perspective

9.00
Unit V: 
CRM (Customer Relationship Management & Customer Retention

CRM (Customer Relationship Management) - Concept, components, Process of CRM,Significance, Customer relationship chain, Methods of relationship building.

Customer Retention- Concept and Advantages, Customer Delight, Customer Satisfaction,

Essential Readings: 

• Marketing of Financial services- Dr.DhananjayBapat,biztantra,Delhi
• Bank Marketing- S.M. Jha, Himalya Publishing House, New Delhi
• Service Marketing,-S.M.Jha, Himalya Publishing House, New delhi
• Marketing of Banking services, CAIIB , Macmillan

Academic Year: