This is a project or you may say a presentation on HSBC Bank. I done this project in my Services Marketing course. After go through these slides you got an idea about the services HSBC giving or providing to his customers.I also attached some very good videos of HSBC in slides.
Enjoy Thanks! :)
3. Introduction
Headquarter in London
Largest Banking and Financial Services
Organization.
Network comprises around 72000 offices in 85
countries.
HSBC employs around 300,000 employees
speaking over 100 languages.
HSBC serves over 85 million personal and
almost 3.6 million commercial customer.
4. Vision & Mission
Vision:
To become the world’s most respected service
brand.
Mission:
The world’s leading financial service company
by providing the best service to its customers
and clients around the globe.
5. HSBC Services
International money transfers
Travel money
International account opening
HSBC premier worldwide travel insurance
Tailored Lending
Guarantees & Letter of credits
Margin trading facilities
Online banking & reporting
6. Core, Supplementary and
Augmented Services
Core Services:-
Deposits
Loans
Investment Certificates
Installments
Supplementary Services:-
Visa
Marriage Checks
Loans for surgical Operations
Augmented Services:-
Supporting Projects
Life Insurance
Customers Awards
10. Price
The pricing component plays twin roles for
HSBC.
There are five main factors that influence
pricing.
Attract customers to open up new current
accounts with HSBC.
11. Placement
Involve both physical and electronic channels.
HSBC’s 1,492 branch network and also through
the internet.
12. Promotion
Three objectives of the promotion element.
The choice of media that would be utilized
includes newspapers, magazines, outdoor
advertising and the internet.
Through Out of home media campaign.
13. People
Many financial services still require direct
interaction between customers and bank
employees.
Special attention needs to be given to the
training of employees concerning the accounts.
Training should only be given to bank staffs that
are directly involved in the new current account
package.
Training of IT personnel must also be stressed
as new information systems may have to be put
in place before the launch of the new product.
14. Physical Evidence
It is generally recognized that physical evidence
can be subsidized into two components.
The peripheral evidence is the prepaid card
itself while the essential evidence includes bank
branches, cash machines, posters and
brochures.
15. Process
Effective front line staffs.
A step by step guide on how to set up a new
current account and prepaid card system.
Customer feedback and complaints.
17. Competitive advantages
International business and financial center
connecting to the world.
The world's freest economy and free flow of
information.
Relatively low taxes and simple tax system.
Free trading and currency exchanges.
Clean government and Rule of Law.
High quality workforce and infrastructure.
18. Physical and Electronic channels used by HSBC
Business Internet Banking
HSBC Mobile Banking
HSBC net
Business Phone banking
Commercial Service Centers
Self Service Banking
BizAlert
Use electronic Statement
Starting a Business
One Stop Financial Services
19. Building customer loyalty
Make customer care a key part of your
business strategy.
Learn as much about your different customer
segments as you can.
Develop a brand around your company,
products or services.
Design and deliver a ‘customer experience’ to
address how you handle customers when they
contact your business, whether by phone, letter
or email.
20. Essentials of customer care
Encourage employees to deliver high-quality
customer care.
Think of ways to make life easier for customers.
21. Use appropriate technology
Give customers a personalized service.
Customer feedbacks.
Contact any customer who has stopped buying
from you and find out the reason.
22. Communications
Plan a different type of communication for each.
Only offer products that match customers’
needs.
Have regular contact with customers.
23. ENTERTAINMENT
For most important customers, entertain on
one to one basis.
In order to entertain large number of
customers, organize an annual event.
Give top customers more priority and facilities.
Added value schemes.
Cumulative discount after reaching specified
spending target.
24. ENTERTAINMENT
Issuing discount coupons for limited time.
Offering customer rewards.
Relating the marketing to a local or national
cause.
25. ENVIRONMENT
HSBC Climate Partnership
Saving Mauritius funds
Environment care association
Treasure hunt
Climate business
Sustainability risk
27. SWOT ANALYSIS OF HSBC
STRENGTHS
One of the largest and wide banking and
financial services.
275,000 skilled employees globally.
7500 offices around 87 countries.
Strong product range to attract more
customers.
Strong balance sheet with respect to other
banks.
Growing turnover and profitability and positive
cash flow.
28. SWOT ANALYSIS OF HSBC
WEAKNESSES
Weak financial management.
Unpredictable cash flow due to weak credit
controls.
Weak retail banking as compared to other
banks.
Inefficient process resulting in weakening bank
environment and affecting customers.
29. SWOT ANALYSIS OF HSBC
OPPORTUNITIES
Expansion of network in other countries.
Low profit rate as compared to other
competitors.
Improvement of distribution channels.
Introduction of new products or services to
comfort the customers.
30. SWOT ANALYSIS OF HSBC
OPPORTUNITIES
Implementation of new technology and new
material.
Improving potential for better customer
services to save time of customers.
HSBC should implement new technology and
new material as compared to competitors.
HSBC should improve the potential for new
customers main thing so that customer time
can be save and provide best service.
31. SWOT ANALYSIS OF HSBC
THREATS
Changing of rules and regulations by Govt.
Tough competition from global leaders.
New technology making the bank products
outdated and giving competitors advantage
edge.
Hacking of customer information through
online operation.
32. RECOMMENDATIONS AND
CONCLUSION
To adopt a wait-and-see approach - and a
careful look at their businesses, stress testing
them for both economic downturn and full-
blown recession.
To add diverse values to its strategy to
establish its position in the target segment.
To establish changes to models, policies,
processes and operations in response to
lessons learned.
33. RECOMMENDATIONS AND
CONCLUSION
To play their pricing strategies very carefully.
To integrate the latest features of modern
technology in their operational strategy to get
the competitive advantage.
To attract the lower and the mid-level
customers redesign product with additional
facilities.
35. ONE MORE THING………
To add diverse values to its strategy to
establish its position in the target segment to
maintain its leading position through offering
the excellence in the services.