Research Article Open Access Double-Blind Peer Review

CRDB BANK AND THE POWER OF PROMOTION: INVESTIGATING ADVERTISING AS A TOOL FOR COMPETITIVE ADVANTAGE

Elisha Baraka Mwakalinga·Grace Thobias Ndemu
Published 02 June 2025
Vol. 13, No. 2 (2025)
pp. 19-24
CC BY 4.0
  1. 1
    Elisha Baraka Mwakalinga
    Assistant Lecturer Tanzania Institute of Accountancy.
    TZ
  2. 2
    Grace Thobias Ndemu
    Assistant Lecturer Tanzania Institute of Accountancy.
    TZ

This research aimed at determining how effective advertising is at increasing business growth in the banking industry. The study’s target population was 38 employees of CRDB Bank in Ilala District, out of these thirty-five (35) respondents were selected using a purposive sample technique. Likert scale was used, whereby 1 indicating Strongly Agree, 2 indicating Agree, 3 indicating Undecided, 4 indicating Disagree, and 5 indicating Strongly Disagree. Data were entered and analysed by SPSS software. The study’s findings revealed that, nearly 65 per cent of the respondents strongly agreed that advertising as an integrated marketing communication medium assists the banks in improving and enhancing client loyalty. Furthermore, 74.3 percent strongly agreed that advertising assists the banks in increasing sales volume and 25.7 percent agreed that advertising assists the bank in increasing sales volume. As a result, the vast majority of the respondents stated that advertising helped the bank to increase sales volume. According to the study, CRBD bank’s management should invest heavily in all Integrated Marketing Communication (ICM), including advertising, because it has a direct impact on the bank’s success.

JournalJournal of Accounting and Financial Reporting
ISSN3065-0461
Volume / IssueVol. 13, No. 2 (2025)
Pages19-24
Published02 June 2025
DOI10.5281/zenodo.15574755
Access Open Access
LicenseCC BY 4.0 — reuse with attribution
PublisherKeith Publications
Mwakalinga , E., Ndemu , G. (2025). CRDB BANK AND THE POWER OF PROMOTION: INVESTIGATING ADVERTISING AS A TOOL FOR COMPETITIVE ADVANTAGE. Journal of Accounting and Financial Reporting, Vol. 13 No. 2, pp. 19-24. DOI: https://doi.org/10.5281/zenodo.15574755

 Submit Your Research to Journal of Accounting and Financial Reporting

We invite original research articles, review papers, and case studies. Benefit from rigorous double-blind peer review, rapid decision within 4–8 weeks, DOI for every article, and worldwide open-access distribution.