The Charles Schwab Corporation is a leading provider of financial services, with more than 300 offices and 7.5 million client brokerage accounts, 1.5 million corporate retirement plan participants, 508,000 banking accounts, and $1.1 trillion in client assets as of March 31, 2009. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. They started business in 1971. Company started internet based stock broking and Developed CRM to communicate various segment of the business. They focused on technology and financial service in their business in later phase Schwab added stock consultation service. Schwab expanded by acquiring financial service company and technology based companies. This strategy helped them to meet the expatiation of changing business environment.
Q. Can u identify the various steps for effective campaigns management in the case?
Campaign Management is a series of marketing steps used to achieve specific goals of a strategy. The goals or key objectives of a campaign can help in deciding the strategy, mode of delivery and to report ROI. We know that one single campaign isn’t enough; there are multiple tactics that come together which influence the creation and closing of opportunities. There are such steps for effective campaigns management which focused by Charles Schwab Corporation.
Multi-Channel Campaign Management used by Charles Schwab & Corporation: There are such Multi-Channel Campaign Management used by Charles Schwab & Corporation:
Target Customer Segments:
There are such effective ways for target campaign-
* Existing customers – Define target audience based on objective of campaign. Marketing and sales can collaborate to define fields on the basis of which future segmentation can be done. This could be fields...