10. Issued first charge card in
1958.In 1967 1/3 of the total
profit came from its charge
card business.60's and 70's
stepped up its marketing
efforts.
41. Q1. Evaluate American Express in
terms of its competitors. How well is
it positioned? How has it changed
over time? In what segments of its
business does American Express face
the most competition?
42. American Express is well
positioned because it has been around
longer then its competition. It has
evolved over time and become a larger
known brand and been used by more
consumers. It faces the most competition
by the other Credit card companies when
it comes to how much they charge and
who can get the cards that they are
offering.
43. Q2. Evaluate American Express
integration of its various businesses.
What recommendations would you
make in order to maximize the
contribution to equity of all its business
units? At the same time , is the
corporate brand sufficiently coherent?
44. They are doing good at integrating all
of their businesses. They have credit cards
for the wealthy and the middle class. They
offer a lot of help for small businesses
which is a big brand for them. They need
to concentrate on keeping up with all small
businesses and get some more corporate
companies since corporations will bring in
a lot of business.
45. Q3. Discuss the company's decision to
grow beyond its core affluent
consumer base. What did this do for
the company and the brand?
46. By deciding to grow out of what they
were originally targeting, American
Express got new consumers. They got the
small businesses and that's what they
needed. There are more small businesses
now then there were before. This has
helped them to get the new consumers and
by offering rewards this also helps them
with their consumers. The brand is now
more then ever known and wanted.
47. SUMMARY
• American express journey
• Evolution of card begins
• New Ad campaign begins
• Credit Card Revolution
• Two New Marketing Campaigns
• Case Study
49. DISCLAIMER
These slides were created by
Lakshmi Ayyappan (PSG TECH
Coimbatore) as part of an internship
under the guidance of Prof. Sameer
Mathur (IIM Lucknow)