Essay Example | Topics and Well Written Essays - 250 words - 34

Paper Example This made the bank lose center and just take a stab at more prominent net revenues instead of extending its client base. After some time, the Union Bank of Norway understood its slip-ups and endeavored to address them with the presentation of a solitary framework that followed the information of every individual client. Data about their client base would permit the Union Bank of Norway to effectively anticipate what its client would like or not favor later on. The information distribution center that the bank thought of endeavored to address these issues. By becoming acquainted with its clients, the Union Bank of Norway has had the option to base its promoting choice around the qualities of its clients. As anyone might expect, client reaction has regarded this new undertaking. Clients for the most part prefer to help associations any place they can, so it bodes well to exploit this by giving a road to them to utilize. The maintenance of client data has helped the Union Bank of Norway return to its rootsâ€working one-on-one with the