Bank of America's digital strategy aims to help customers grow opportunities into reality through lending and investment products for low- and moderate-income individuals. The strategy proposes developing a mobile app to provide a more personalized customer experience, setting the bank apart from competitors. It also recommends using social media to create an accessible line of communication that incorporates humor and variety to give the brand personality. The initial 6 month budget allocates 40% to developing a mobile app, 20% to modifying the website, 27% to paid social media advertising, and 13% to a flexible allowance.
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