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Home > Marketing of Financial Services

Marketing of Financial Services [1]

Paper Code: 
CBFS 401
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To acquaint students with the service marketing concept focusing on marketing of financial services.

12.00
Unit I: 
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

12.00
Unit II: 
Marketing environment in Financial Services and 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

12.00
Unit III: 
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

12.00
Unit IV: 
Insurance and Mutual Funds Marketing

Insurance Marketing- Concept, Importance, Marketing mix for Insurance, Market Segmentation of Insurance, Bancassurance , E-insurance
Marketing: Types of Mutual funds, market segments for mutual funds, mutual Mutual Fund funds marketing in Indian perspective

12.00
Unit V: 
CRM (Customer Relationship Management)

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: 

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

Academic Year: 
2022-2023 [2]

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Source URL: https://finance.iisuniv.ac.in/courses/subjects/marketing-financial-services-3

Links:
[1] https://finance.iisuniv.ac.in/courses/subjects/marketing-financial-services-3
[2] https://finance.iisuniv.ac.in/academic-year/2022-2023