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bank of america marketing plan
Bank of America Marketing Plan
Mirona Hussein
Lynn University

Abstract
Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services. I choose Bank of America for many reasons: it is brand name and good financial position largest bank in the America market and stable and growing sector in US. Through its banking and various nonbanking subsidiaries throughout the United States and in international markets, the Company provides a range of banking and nonbanking financial services and products through five business segments: Consumer & Business Banking, Consumer Real Estate Services, Global Banking, Global Markets and Global Wealth & Investment Management.

Bank Of America Marketing Plan

Current Situation

Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services. Through its banking and various nonbanking subsidiaries throughout the United States and in international markets, the Company provides a range of banking and nonbanking financial services and products through five business segments: Consumer & Business Banking, Consumer Real Estate Services, Global Banking, Global Markets and Global Wealth & Investment Management. In October 2013, Bank of America Corporation announced the completion of the merger of its Merrill Lynch & Co., Inc. subsidiary into Bank of America Corporation.

Competitors Some of Bank of America competitors are Wells Fargo, HSBC, JPMorgan, and Citigroup.
Market Objectives Meredith Verdone, is Bank of America's head of brand marketing. In an interview she said that the bank is trying to have more “humility” approach for a

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    Sources: Deborah Orr, "New Ledger," Forbes, March 1, 2004, pp. 72-73); "HSBC's Global Marketing Head Explains Review Decision," Adweek, January 19, 2004; "Now Your Customers Can Afford to Take Fido to the Vet," Bank Marketing (December 2003): 47; Kenneth Hein, "HSBC Bank Rides the Coattails of Chatty Cabbies," Brandweek, December 1, 2003, p. 30; Sir John Bond and Stephen Green, "HSBC Strategic Overview," presentation to investors, November 27, 2003; "Lafferty Retail Banking Awards 2003," Retail Banker International, November 27, 2003 pp. 4-5; "Ideas that Work," Bank Marketing (November 2003): p. 10; "HSBC Enters the Global Branding Big League," Bank Marketing International (August 2003): pp. 1-2; Normandy Madden, "HSBC Rolls out Post-SARS Effort," Advertising Age, June 16, 2003, p. 12; www.hsbc.com.…

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