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Wells Fargo Sales Statistics

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Statistics

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 This presentation seeks to explain and describe Wells Fargo’s sales problem. An appropriate data analysis technique that best suite this data is also proposed.  An evaluation of how data can be used to measure the implementation of the problem solution is as well articulated.  Definition and analysis of the business opportunity.  Definition and analysis of the business problem.  A brief description of the organization.  Wells Fargo is the second largest bank and the third largest bank in the United States. The headquarters is at San Francisco, California.  The organization’s main aim is to satisfy the customer’s needs and help them succeed financially.  The bank’s main products is asset management, corporate banking among other many banking products.  Having been fined heavily for unlawful sales practice, Wells Fargo needs to develop a new sales strategy from scratch.  Creating a completely new sales strategy for such a big organization and establishing the confidence of the consumers once more is quite a big challenge.  In this case and scenario the problem at hand is the sales and as a matter of fact, sales is one of the fundamental parts for the growing of any business.  Sales is also key in customer retention. This is because during the process of sales, there is a personal interaction with the clients which creates bonds between the customers and the organization as well as improves the confidence of ...
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