Get Tability: OKRs that don't suck | Learn more →

1 strategies and tactics for Deposits

What is Deposits strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Crafting the perfect Deposits strategy can feel overwhelming, particularly when you're juggling daily responsibilities. That's why we've put together a collection of examples to spark your inspiration.

Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.

How to write your own Deposits strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Deposits strategy examples

We've added many examples of Deposits tactics, including a series of action items. We hope that this will make these examples as practical and useful as possible.

Strategies and tactics for developing a corporate banking deposit plan and marketing strategy

  • ⛳️ Strategy 1: Enhance existing client relationships

    • Identify top clients in terms of current deposits and potential for growth
    • Schedule monthly check-ins with top clients to discuss their banking needs
    • Offer exclusive promotions for increased deposits to existing clients
    • Provide personalized banking solutions to top clients based on their business needs
    • Establish a feedback mechanism to understand client satisfaction and areas for improvement
    • Organise networking events for clients to strengthen relationships
    • Improve turnaround time for client requests and inquiries
    • Ensure all client-facing staff are briefed on individual client requirements
    • Share success stories of client relationships internally to promote best practices
    • Utilise customer relationship management software to track interactions and opportunities

  • ⛳️ Strategy 2: Target new corporate clients

    • Research and identify potential high-value corporate clients in the market
    • Develop targeted outreach campaigns for potential clients
    • Leverage industry-specific events to network with prospective clients
    • Collaborate with other departments to offer bundled banking solutions
    • Create attractive introductory deposit packages for new clients
    • Utilise digital marketing to reach prospective clients
    • Offer incentives to existing clients for referrals of new clients
    • Conduct competitive analysis to identify weaknesses in competitors' offerings
    • Schedule initial meetings and presentations with decision-makers of potential clients
    • Continuously follow up with potential leads to convert them into clients

  • ⛳️ Strategy 3: Leverage digital banking tools

    • Promote online and mobile banking platforms to make transactions easier for clients
    • Develop a digital advertising campaign to highlight the benefits of digital banking
    • Provide training sessions for clients on how to utilise digital banking tools
    • Collaborate with IT to ensure a seamless digital banking experience
    • Introduce digital tools that track client deposits and forecast trends
    • Incorporate data analytics to understand client behaviour and customise services
    • Offer webinars and online workshops on efficient banking methods
    • Create an online platform for clients to easily communicate their needs
    • Stay updated on the latest digital banking trends and technologies
    • Evaluate the success of digital initiatives and refine strategies accordingly
corporate-bankingdepositsrelationship-managermarketing-strategistsales-teamdigital-banking-team
Implement these strategies

How to track your Deposits strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

Table of contents
Copyright © 2024 Tability