Let the Bears Sleep While You Get All the Honey
The media seem to be doing their level best to keep folks jittery. So it's not surprising that consumers are sitting hard on their wallets, convinced that the monsters...
Most bank marketing doesn’t fail because the copy is weak. It fails because the bank has no market position worth noticing.
In this week’s video, Roxanne Emmerich calls out the expensive mistake too many community banks make: confusing branding with positioning. A polished logo, a clever tagline, or a faster turnaround time is not enough to make your ideal customer choose you. If your team cannot clearly explain why your bank is the best or the only one, you are not differentiated. You are replaceable.
In this video, you’ll discover:
Roxanne also makes the case for why recognition matters when it proves performance. A credible award can do more than decorate a lobby. It can open doors, validate your claims, and help your team close.
If your bank has built real discipline, real alignment, and real results, this is your moment to step forward.
Banky Award applications are open now at BankyAwards.com
Watch now.
Let’s get honest about something that’s quietly killing your deposit growth, sabotaging your pricing power, and making your marketing dollars evaporate.
It’s not your message. It’s your positioning.
Most community banks have been duped by well-intentioned branding firms who took hundreds of thousands of dollars, designed beautiful logos and catchy taglines, and then gave you one half of a decent USP like, “We approve loans in thirty-six hours,” which, okay, that’s something. But is it enough to make your ideal customer say, “Woah, we have to talk to that bank?”
Not even close. Marketing only works when it’s tied to one thing: positioning. If you can’t articulate why your bank is the best or the only, you’re just another option in a saturated market. And your team, when they get asked, “Why should I bank with you instead of the other guy?” they’re saying things like, “We’ve been around for eighty years. We have great people. You’ll get me.” Let’s be real.
These aren’t selling points. They’re red flags that you have no positioning.
A real unique selling proposition does one of two things. It proves that you’re the best or it proves that you’re the only. If your USP doesn’t do that, it’s not a USP, or a unique selling proposition.
It’s wallpaper.
And here’s the real cost. Without a strong USP, your marketing falls flat, your sales team doesn’t have the tools to close premium business, and you’re forced to compete on rate instead of value, which is a race to the bottom. So here’s the test. Ask your frontline team this question: “Why should someone bank with us instead of anyone else?” If you hear silence or clichés, you’ve got a positioning problem.
Incidentally, there’s one USP that instantly separates a bank from the rest of the pack. The one line that makes prospects stop scrolling, stop hesitating, and start saying, “Well, obviously, we should talk to them.” That USP: “We’ve been named one of the best banks in America by the Institute for Extraordinary Banking.” That, my friend, is positioning.
The bank award doesn’t just sit on the shelf. It gets you into the room. It closes the deal. It proves what your marketing claims. So if you’ve already built a performance culture, if your team is aligned, if you’re growing low-cost deposits and delivering real results, get your Banky Award application in at BankyAwards.com. Because the banks that win this award don’t just market better, they close better, they lead better, and they bank better.
The media seem to be doing their level best to keep folks jittery. So it's not surprising that consumers are sitting hard on their wallets, convinced that the monsters...
A teacher read a story to her second grade class about a village of fishermen. “Take out a sheet of paper,” she said, “and I’d like you each to draw a picture of the...
The message is clear: if disaster is what you’re after, surround yourself with “yes” men. They’ll be good company in the lifeboat.
In today's turbulent economic market, even the strongest and most powerful corporate icons are challenged to find ways to improve their efficiencies. As they require...
Calling current conditions for business "unpredictable" is like saying Voldemort has bad manners. Planning even a single year in advance seems like a leap of faith. But...
Not all questions are the same. Just as the different notes of that musical scale carry us step by step through the octave, the questions in an effective sales process should carry the process forward, step by step, from the opening question to the closing handshake.
Anybody who walks into your bank has got a real problem. People without problems don’t wake up in the morning and say, "Today is a good day to spend talking to a...
One of the best side effects of the recession is the long, hard look consumers are taking at their financial habits. Nine credit cards and three mortgages might not...
Every parent knows the futility of asking, “How was school today?” Whether the place burned to the ground or everyone in the school split the Powerball jackpot, the...
There's a lot of advice out there about weathering the tough economy. But who wants to just weather it? Howard Stevens, CEO of HR Chally, offered advice for keeping...