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Services Branding: Revealing the Rhetoric within Retail Banking

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  • Deirdre O'loughlin
  • Isabelle Szmigin

Abstract

This paper presents key branding findings from a qualitative study of consumers and financial services practitioners and explores the current role, importance and challenges associated with branding within Irish retail financial services. Managerial and consumer research highlighted the limited role of branding and the growing gap between brand-based expectations and service brand execution. Key conclusions and implications are proposed in terms of developing an effective multidimensional brand strategy which is both profitable to suppliers and desirable to consumers. The paper recommends that financial services branding be focused upon the promotion of meaningful functional values, delivered through a customer-centred, process-driven approach.

Suggested Citation

  • Deirdre O'loughlin & Isabelle Szmigin, 2007. "Services Branding: Revealing the Rhetoric within Retail Banking," The Service Industries Journal, Taylor & Francis Journals, vol. 27(4), pages 435-452, June.
  • Handle: RePEc:taf:servic:v:27:y:2007:i:4:p:435-452
    DOI: 10.1080/02642060701346748
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    Cited by:

    1. Dominique-Ferreira, Sérgio, 2017. "How important is the strategic order of product attribute presentation in the non-life insurance market?," Journal of Retailing and Consumer Services, Elsevier, vol. 34(C), pages 138-144.

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