Want to create an interactive transcript for this episode?
Podcast: Banking Transformed with Jim Marous
Episode: Build a Bank Brand Worth Fighting For
Description: Fintech disruptors like Chime, Revolut, Venmo and the Cash App have shaken up the banking world by positioning themselves against traditional banking's pain points, yet most established banks continue to compete on incremental improvements rather than bold differentiation.
Consumers are drowning in nearly indistinguishable offers, a reality my guest on Banking Transformed, Laura Ries, calls out in her newest book, "The Strategic Enemy: How to Build and Position a Brand Worth Fighting For". Her antidote is intentionally counterintuitive: stop trying to be βbetter,β and instead become unmistakably different by defining, and then defeating, a single, visible foe.
<...