Suppose you are the marketing manager of the credit card department of a financial institution. After examining current market conditions, the objective is to support the company’s growth through a market penetration strategy. How would you apply this strategy to increase the profitability of the credit card?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter7: Credit Cards And Consumer Loans
Section7.3: Sources Of Consumer Loans
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Suppose you are the marketing manager of the credit card department of a financial institution. After examining current market conditions, the objective is to support the company’s growth through a market penetration strategy. How would you apply this strategy to increase the profitability of the credit card?

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