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SCENARIO
As we learned in the last assignment, you have graduated from George Brown College and landed a great job with a leading financial institution. Based on your strong work ethic and high-quality work, you have recently been promoted into the corporate marketing team.
During an informal ZOOM chat with the Senior V-P Marketing who was welcoming you to your new role, she learns that you are familiar with the Environics PRIZM postal code demographics database and says she has a great opportunity for you. After another quick ZOOM call, the Senior V-P has assigned you to a special group working on the launch of another bank branch. Your role is to use your knowledge of how to create a financial services customer profile to help make the launch of the new branch a success.
ANSWER EACH OF THE FOLLOWING THREE QUESTIONS:
You have selected one of the Environics PRIZM postal code demographic groups which just happens to be the same area where the new bank branch will be located. Now the project leader has asked you to help the marketing team by creating a "financial services consumer profile" for potential bank customers in that area. This profile should include what you would expect would be typical..
Question: Financial service and product needs;
You explain to the group leader this will be easy to do based applying the typical demographic profile within the postal code area (ie. the Environics PRIZM database) to the sample consumer profile tools discussed in this class (ie. the IG Wealth Management client profile tools).
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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