Tuesday, November 8, 2011 | Edited by Daniel Moores
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Credit Unions Welcome New Banking Customers
Keywords: Credit Unions | Banks

Thousands of people flooded into credit unions and small banks over the weekend as part of "Bank Transfer Day," an effort to prod depositors to abandon giant banks. But at least some of the big banks won't mind losing those customers.

On Saturday, the Boeing Employees' Credit Union in Seattle signed up a one-day record 659 new members. At the grand opening of a Randolph-Brooks Federal Credit Union branch in Pflugerville, Texas, the parking lot was so full that customers had to leave their cars across the street.
 


Got a question? Call the Member Benefits Helpline at 800-232-3131 or email memberbenefits@rab.com.





Sales Management: Problem Solving Simplified

Problems? At a broadcast property? Perish the thought! Well, as hard as it is to believe, there are SOME stations that have problems.

Join RAB's Sheila Kirby for this lively webinar, and learn strategies and tactics to slay the "problem dragon." You'll understand different problem types and how they differ, step-by-step ideas for solving problems, and why having no problems is truly overrated.

This webinar will be offered twice this week -- today at 3 PM (Central), and again on Thursday at 10 AM (Central). For registration details, click here.

Tell Us About Your Ad Campaigns

If you are hosting a local event or promotion for any mass retailer including Walmart, Kohl's, J.C. Penney, Amazon, Best Buy, Toys "R" Us, Macy's, Walgreens or Target, we want to hear about it.

Please click the link below and send us an email. Be sure to include a brief summary and campaign highlights. Send your email to: retailpromotions@rab.com.



Auto Radio Ads Have Greatest Influence Closest to Purchase

Category Update: Healthcare Companies

Baby Boomers: A Burgeoning Customer Market

On the Rise

More Consumers Dining Out on Sandwiches Boosts Category Growth

 

U.S. Stores Shrink, Get Make-Overs to Boost Sales
Keywords: Discount Stores | Drug Stores

U.S. stores have an identity crisis. The big ones want to be smaller, the small ones are getting bigger and all of them want to sell more food.

For years, U.S. retailers could simply build more stores, the larger the better, near new developments to spur sales growth. These days, as suburban communities have lost their luster and more people stay in or near cities, that formula needs a make-over.

 

Smartphones Now Reach 62% of Young Adults 25-to-34
Keywords: Cellular Phones

Smartphone penetration in the U.S. has not reached that psychologically significant tipping point of 50% quite yet, but among young adults, the needle passed the midway mark long ago.

Nielsen's latest quarterly report on the mobile landscape shows that 62% of U.S. cell phone owners ages 25 to 34 have a phone with an advanced operating system.

 

     

Research Quick Hits


Daily Sales Tip: Overdeliver on Promises

There's an old saying that experience isn't defined by what happens, but rather what happens next.

In sales, most customers don't remember minor service issues nearly as well as they remember how a company (or salesperson) resolved those issues.

Customer-focused salespeople go above and beyond to provide a solution that not only meets but exceeds buyers' expectations.

Sometimes the solution is as simple as offering a small incentive, like a free upgrade. Other times it means weighing what would be most valuable to the prospect in terms of repairing the damage.

One great way to start: Ask customers how they'd like to see the situation resolved, then partner with them to create a win-win.

Source: Sales trainer/author Stephan Schiffman


Job Postings

Local Sales Manager, Mid-West Family Broadcasting - Springfield, IL
Key Account Manager, Cumulus - Kansas City
Non Traditional and Digital Sales Manager, CBS - Riverside, CA
Station Manager, Nelson Multimedia, Inc.

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