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International Journal of Advanced Research
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IMPACTS OF DIGITAL MARKETING AMONG LOCAL COMMERCIAL BANKING INDUSTRIES IN THE PHILIPPINES

Authors: Reneto M. Culagbang Jr.; Martin Joseph P. San Diego.;

IMPACTS OF DIGITAL MARKETING AMONG LOCAL COMMERCIAL BANKING INDUSTRIES IN THE PHILIPPINES

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.

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Keywords

Commercial Banking Digital Marketing Industries Marketing Trends Philippine Local Banks.

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selected citations
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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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