Posted in Banking & Financial Services, Total Reads: 11016
SWOT Analysis of Wells Fargo with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Wells Fargo & Company
Fast then. Fast now; The next stage; Together we’ll go far; With You When
Wells Fargo is a provider of banking, mortgage, investing, credit card, insurance, and consumer and commercial financial services
Enterprise and Individuals who are seeking financial help and advice
Large enteprises and rich individual investors
A company which has consistently grown along with its customers
1.Strong brand name and good financial position
2.Strong credit-rating 3.Diverse products and services 4.One of the largest recruiters with over 280,000 employees globally 5. Wells Fargo is the second largest bank in deposits, home mortgage servicing, and debit card
1.Lacking in global acclaim as compared to competitors 2.Low customer-care and satisfaction 3.Legal issues
1.Expansion in other countries 2.Diversifying portfolios for customers 3.Acquistions and JVs 4.Commercial banking industry
1.Changing govt regulations and financial crisis like recessions 2.Online frauds and scams
1.JP Morgan & Chase 2.Prudential Financial 3.ING Group
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