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Marketing strategy and performance of the banking sector - case study of Zenith Bank Plc, Lokoja

 Department: Business Administration and Management  
 By: usericon AdeleyeJoshua  

 Project ID: 9524
   Rating:  (5.0) votes: 1
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   Price:₦5000
Abstract
The study is on the marketing strategy and performance of the banking sector in Nigeria, using Zenith Bank Plc, Lokoja, as the study area.  The objectives of this study are to determine whether marketing strategies adopted by the banking sector have a positive effect on their performance, to examine the effect of marketing strategy on financial services delivery of the banking sector and to examine whether there is a significant relationship between marketing strategy and performance of the banking sector.  Data for the research were sourced from primary and secondary data. From a population of forty 40) staff, thirty-six (36) staff were selected and sampled and findings, among others, revealed that marketing strategies enhance the growth in revenue and improve the efficiency of the banking sector. A well-implemented marketing strategy enhances customer satisfaction in the banking sector build brand equity by creating a positive perception of the bank in the minds of customers. Thus, it is recommended, among others, that   Banks should invest more in digital marketing, mobile banking, AI-powered customer service, and big data analytics. These tools help improve customer engagement and service delivery. Staff training and consistent service improvement are necessary to ensure that customers receive quality services at every point of interaction with the bank. ...
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