The influence of ICT on Bank Marketing

Authors

  • David de la Antonia López

Keywords:

Information and communication technologies (ICT), marketing, banking sector, information society, marketing-mix, relational networks, one-to-one, CRM.

Abstract

This paper analyses the banking marketing evolution due to influence of information and communication technologies (ICT). These new technologies have represented the main tool for changing marketing paradigm from marketing-mix to anew based in relational networks. It describes the quintessential role played by ICT in fulfilling banks’ marketing objective of servicing customers better at less cost and there by reaping more profits, offering their customers a variety of products, lower prices, and personalized service. It also highlights how new technologies permit the use of strategies of customer relationship management and data mining in makinglong-lasting and profitable relationships with customers.

Author Biography

David de la Antonia López

Doctor en Economía e Ingeniero en Informática

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Published

2012-10-01

How to Cite

de la Antonia López, D. (2012). The influence of ICT on Bank Marketing. Icade. Journal of the Faculty of Law at Universidad Pontificia Comillas, (76), 151–172. Retrieved from https://revistas.comillas.edu/index.php/revistaicade/article/view/293