Case Title Citibank: Launching The Credit Card In Asia Pacific (B)
Case Author(s) V. Kasturi Rangan Marie Bell
University Harvard Business School
Abstract Citibank took the decision to launch the credit card in Asia Pacific. During 1989-90, Citibank entered all of its markets with the highest priced product and yet was able to capture significant market share. Although country-by-country marketing emphasis differed, the product strategy premise was that the premium value and service would command premium pricing. Also, consumers would be willing to pay higher fees for the prestige of having a card issued by a global, innovative and service-driven bank that was Citibank. During the launch, the bank deployed a multifaceted marketing program, which included extensive advertising targeted to a mass-market audience.
Available In The Harvard case collection
Publisher Harvard Business School Publishing
Publisher Case No. 595027
Distributor(s) Harvard Business School Publishing Ivey Publishing European Case Clearing House
Pub/Rev Date April 2005
ISBN
Case Length 4
Teaching Note No
Pub TN Ref No.
Pages (TN)
Issues International Marketing; Marketing Strategy; Pricing; Product Introduction; Product Positioning; Service Management
Organisation(s) Citibank
Countries Asia
Industry Financial Services
Period Covered 1989
Level Undergraduate/Postgraduate
Links of Interest Homepage of Citibank Singapore















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