For eBusiness & Channel Strategy Professionals (Length: 41 pages)

July 20, 2009

Driving Sales On Banks' Secure Sites — Global Best Practices

This is the second document in the "Next-Generation Online Financial Services" series.

by Vanessa Niemeyer, Ph.D.

with Benjamin Ensor, Alexander Hesse, Courtney Tincher


Executive Summary (This is a document excerpt)

Many retail banking eBusiness executives have realized that the secure online banking Web site is a good place to sell products to existing customers. To do so, eBusiness managers have to overcome a series of organizational and technical obstacles. Executives can't simply transfer sales tactics from the public site to the secure site. Instead, they need a more targeted approach. Several banks across the globe, however, have begun to solve these problems, and they serve as good examples for secure site sales — like addressing customers with individualized product offers, integrating product content and advice tools into the secure site, and offering easy application processes. Banking eBusiness executives who want to drive product sales through the secure site should take a step-by-step approach.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemThe Secure Site Has Become An Increasingly Important Sales Channel

itemBanks Need To Overcome Obstacles To Drive Secure Site Sales

itemSecure Site Sales Has To Follow Certain Principles

itemEffective Secure Sales Sites Support The Customer Journey

Recommendations

itemFollow An Evolutionary Approach

itemSupplemental Material

Forrester interviewed eBusiness and channel managers in six banks and reviewed the secure sites of more than 30 banks around the world.

Related Research Documents

item2008 European Bank Secure Web Site Rankings

March 12, 2008

itemHow Technology Enables Inbound Marketing

January 9, 2007

itemTen Ways To Build A Better Financial Services Sales Site

November 7, 2006

itemInbound Marketing Goes Mainstream

September 19, 2005

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Analyst: Vanessa Niemeyer, Ph.D.
Technology: eBusiness/eCommerce
Industry: Business-To-Consumer eCommerce, Consumer Financial Services, eBusiness/eCommerce Strategy, Financial Services, Online Financial Products & Services, Retail Banking
Geography: Global