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Home Banking: Competing For The Future

Home Banking: Competing For The Future

1.	What primary-demand strategies could be used to build demand for “home banking?”

In the first place primary demand strategy is the strategy where a level of total demand for all brands of a given product or service. When talking about “home banking” the first thing you have to assure for the product to sell is the security of the product. Banking, is money, an nobody is ready to be insecure about money. The best demand strategy is, first of all, to supply a secure product. A product which will assure the banking at home, as it would be in the bank itself.

2.	What selective-demand strategies were being used by Intuit and Microsoft in 1995?

The selective-demand strategy is a strategy that focuses on the emand for a given brand of a product or service. Both companies used the demand strategy of price. The retail price of their respective products ( Quicken and Microsoft Money ) was not more than $ 6. We have to understand that this is the price for a software. Way back in 1995, the cost of home banking was basically a new invention, and as time and technology has evolved, so have the techniques for home banking. In 1995,

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