(Length: 11 pages)

September 28, 2005

How Did Wells Fargo Boost Online Sales?

by Brad Strothkamp

with Bruce D. Temkin, Peter Hult


Executive Summary (This is a document excerpt)

In 2000, Wells Fargo set out to turn the online channel into a viable sales engine. To attain this goal, the bank established a centralized online sales team that manages an online product application engine. The online application engine supports a wide variety of products, from checking accounts to mortgages. As a result of these efforts, Wells Fargo has seen a dramatic increase in cross-sell rates.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemExamining Wells Fargo's Online Sales Success

itemWhat Were The Development Objectives?

itemHow Is The Online Sales Team Organized?

itemHow Did The Online Sales Effort Evolve?

itemWhat Are The Ongoing Challenges?

Forrester interviewed Eskander Matta, the senior vice president of the Online Sales Platform, Internet Services Group at Wells Fargo.

Related Research Documents

itemHow Consumers Buy Financial Products: Consumer Technographics® United States

January 29, 2004, Data Overview

itemHow To Prevent Abandoned Online Applications

November 18, 2003, Brief

Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.

Analyst: Brad Strothkamp
Industry: Financial Services, Online Financial Products & Services, Retail Banking
Geography: North America

Archived Teleconference:
Ten Tactics To Help Reduce Application Abandonment
Original air date: Tuesday, June 30, 2009
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