2020 Foresight: Relationship Pricing Strategy Report for Retail Banking

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Complete report available @ http://www.rnrmarketresearch.com/2020-foresight-report-best-practices-in-managing-the-credit-risk-cycle-market-report.html .
Complete report available @ http://www.rnrmarketresearch.com/2020-foresight-report-best-practices-in-managing-the-credit-risk-cycle-market-report.html .
Banks apply different relationship pricing models including product bundling, behavior- and time-based pricing, and personalized pricing to a diverse customer base which suits their individual banking requirements and willingness to pay. Product bundling enables the single point management of packages, prices and promotional offers to customers, providing customized packages and bundles including products and services from different business lines, rather than selling one product or service at a time. NatWest in the UK offers product bundling with discounted features which has resulted in an increase in profit margins.