Monday, October 21, 2019
The Financial Brand: CU Marketing Expenses Study
A study by The Financial Brand provides interesting metrics on credit union marketing expenditures.
The study examines promotional and educational expenses at 227 credit union with at least $250 million in assets between 2015 and 2018.
The report noted that the average marketing spending in 2018 as a percent of assets was 0.12 percent. However, 31.3 percent of credit unions spent at least 0.15 percent on marketing expenses as a percent of assets.
The study also looks at marketing expenses per member. The following graph shows marketing expenses per member by asset size for 2018.
Read more.
The study examines promotional and educational expenses at 227 credit union with at least $250 million in assets between 2015 and 2018.
The report noted that the average marketing spending in 2018 as a percent of assets was 0.12 percent. However, 31.3 percent of credit unions spent at least 0.15 percent on marketing expenses as a percent of assets.
The study also looks at marketing expenses per member. The following graph shows marketing expenses per member by asset size for 2018.
Read more.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment