The 5 Key Questions to Jumpstart 4Q Ideas to Reach Goals

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Seems by the end of summer, everyone starts to get back to business much like kids go back to school! There is a lot of flurry to do strategic planning and revisit goals to determine 2017 goals. It can really start to build an overwhelmed feeling, so here are 5 questions to focus attention on the last push for achieving credit union success for 2016: 1. In what age groups, geographic areas, or product types are we not growing? Reviewing your …

Battle That Laissez Faire of Summer

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5 Ways to Jumpstart Your Creativity When you are distracted, stressed or just busy up to your eyeballs, it is often hard to be the most creative. In marketing, being able to come up with that next promotion theme or offer is usually on demand. As Albert Einstein said, “Creativity is intelligence having fun!” So, one of the best things to jumpstart yours is by using humor. One of my favorite tools is a pack of cards called the Creative …

3 Tools to Analyze and Report Your Marketing Success

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What Did We Get for the Marketing Dollars Spent?  In today’s competitive marketplace, every marketing dollar must work hard to provide results. When you are tasked with planning a promotion, it is helpful to determine what it will take to recover the marketing costs you plan to expend. Marketing Cost Recovery – As you plan the marketing promotion or campaign, determine how many products must be sold to recover the marketing costs. For example, if you plan a loan promotion, …

5 Writing Tips for Marketers (& Non-Marketers)

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1. Try the One Question Format. Attention spans are short today, especially because of the online byte-size news and information.  So, a great way to make it easy to attract attention and engage a member is to present one question that members ask with the quick answer!  This is also an easy way for you to get started with an email, a newsletter article, or a promotion theme.  Discuss industry news, take a stand, ask and answer questions, include a …

4 Digital Ways to Attract Prospects for Membership Growth

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Are you feeling overwhelmed with all the different marketing channels to manage to help your credit union achieve the goals set for the year?  Here is a quick review of 6 digital ways to help you jumpstart your membership growth since I figure it is on your credit union’s list of goals! It’s is becoming crazy how many things are being discussed from “big data” to “mobile” to “digital ads” and more. And the key is to get your credit …

Avoid Becoming a One-Off Business: Ten Opportunities

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One of the most important questions in today’s hyper-competitive marketplace is, can you be a “one-off” business?  Meaning, can you afford to have one product with a member, such as one checking account, one auto loan or one home equity loan or one certificate of deposit?  The answer is, usually, a resounding “no!” The credit union does need volume and it also needs the efficiencies that come with serving one member with multiple financial products to make them profitable. So, …

Showing Your Marketing Matters: The Marketing Dashboard

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To achieve your corporate goals, it is important to tie the marketing activities to accomplish the goals and then measure the results of those marketing activities.  The Marketing Dashboard enables the senior team to see the progress toward achieving your goals and weigh in on adjustments that need to be made. The dashboard is meant to track the results over the year.  Overall CU Performance Metric that is measured by quarter and then the Year to Date Growth.  Depending on …

Growing Membership Starting Point – Map the Member Journey

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When was the last time that you opened an account at your credit union? As an employee, you probably had some insider help from a staff member to make it easier and avoid sitting in the lobby waiting. While nice, it is generally not the same process and experience that a new member goes through to open their account. Spending your marketing budget on a strategy to attract new members may work to get the leads. However, if you are …

A Missing Link to Sealing the Deal

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Let’s say you are happy with your website design and have all your applications online. You believe the navigation helps your website visitor to find their way. Your copy is interesting and updated. And, you have carefully linked an e-card to a landing page to be even more helpful. But wait, when the person comes to your site, looks around and leaves, what then? A missing link is a retargeting pixel and digital ad campaign to remind the visitor that …

The Success Network – Apply Here

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Are you a good business development professional? You need to be! Whether you serve on boards or have joined the Chamber of Commerce or other community organization, you are the face of the credit union to people you meet. More importantly, wherever you go in the community you serve, you are a business development rep, first for your credit union and second for your own career. Thinking of yourself as a business development rep helps you build your own Success …