IMPACTS OF DIGITAL MARKETING AMONG LOCAL COMMERCIAL BANKING INDUSTRIES IN THE PHILIPPINES.
- College of Business Administration Graduate Studies Polytechnic University of the Philippines.
- M. H. del Pilar Campus, Valencia St. near R. Magsaysay Blvd. Sta. Mesa, Manila, Philippines.
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Abstract
Globalization in the business industry has established various
challenges in the banking industry. It establishes criteria that seek to
develop the business sector to promote ease and convenience for their
clients and target audience. The banking industry in the Philippines has
made its swift transition to carbon and paper transactions to paperless.
It includes online transactions like online inquiry, transfer of funds, and
digital marketing. The vast strategies in digital marketing have invited
convenience and fast banking transactions. This paper employed the
quantitative research and revealed that digital marketing in commercial
banks have extended their reach to their audience, which increased the
number of clients who can choose to buy various services and products
of these banks. However, digital marketing has also reached its limit in
terms of system failure and security issues. To resolve such issues, the
commercial banks have strengthened their ICT systems in protection to
their system and partners in the business.
Keywords
How to Cite This Article
Reneto M. Culagbang Jr. and Martin Joseph P. San Diego. (2019); IMPACTS OF DIGITAL MARKETING AMONG LOCAL COMMERCIAL BANKING INDUSTRIES IN THE PHILIPPINES., International Journal of Advanced Research (IJAR), 7 (10), 610-614, ISSN 2320-5407. DOI: https://doi.org/10.21474/IJAR01/9873
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References
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