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For Financial Services Professionals

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September 28, 2005

How Did Wells Fargo Boost Online Sales?

by Brad Strothkamp

with Bruce D. Temkin, Peter Hult

This is an excerpt

Executive Summary

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.

TABLE OF CONTENTS

  • Examining Wells Fargo's Online Sales Success
  • What Were The Development Objectives?
  • How Is The Online Sales Team Organized?
  • How Did The Online Sales Effort Evolve?
  • What Are The Ongoing Challenges?
  • Related Research Documents

This is an excerpt

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