Social Strategy at American Express

47
Social Strategy at UKI , SHAN-RU , GHILMAN , INTAN

description

This presentation is about our analysis in social strategy at American Express case.

Transcript of Social Strategy at American Express

Page 1: Social Strategy at American Express

Social Strategy at

UKI , SHAN-RU , GHILMAN , INTAN

Page 2: Social Strategy at American Express

CURRENT SITUATION

Page 3: Social Strategy at American Express

SOCIAL PLATFORM

Page 4: Social Strategy at American Express

SOCIAL PLATFORM

Page 5: Social Strategy at American Express

SOCIAL PLATFORM

Page 6: Social Strategy at American Express

SOCIAL PLATFORM

Page 7: Social Strategy at American Express

SOCIAL PLATFORM

Page 8: Social Strategy at American Express

SOCIAL MEDIA PARTNERSHIP

Page 9: Social Strategy at American Express

SOCIAL MEDIA PARTNERSHIP

Page 10: Social Strategy at American Express

SOCIAL MEDIA PARTNERSHIP

Page 11: Social Strategy at American Express
Page 12: Social Strategy at American Express

SOCIAL MEDIA PARTNERSHIP

Page 13: Social Strategy at American Express

Global market leader in payment industryThe customer service is very good

Customer loyaltyUnique product services

Good in social media marketing

Users in social media opposites with in the real world

The target is only for wealth common people

Expand market to another country that have major users in social media

Emerging marketMany growing social media

Many AMEX fans in the social media

Cyber crime Visa and MasterCard competitors

STRENGTH OPPORTUNITY

WEAKNESS THREATS

Page 14: Social Strategy at American Express

PROBLEMS FACING MANAGEMENT

Page 15: Social Strategy at American Express

What social strategy AMEX should choose ?

BROAD DEEP

Page 16: Social Strategy at American Express

Building partnerships with social platforms to provide unique experiences and valuable offers to CardMembers.

BROAD

Page 17: Social Strategy at American Express

Deepening the existing partnership with Facebook and Foursquare to improve customer and merchant

acquisition and retention

DEEP

Page 18: Social Strategy at American Express

ALTERNATIVE PROPOSALS

Page 19: Social Strategy at American Express

Help potential customers find you and your products

BENEFIT OPPORTUNITY RISK

BROAD

35% purchased from social networks

70 – 90% browsed product or services

Page 20: Social Strategy at American Express

Expand their market to another segment of users

BENEFIT OPPORTUNITY RISK

BROAD

Page 21: Social Strategy at American Express

Spread their unique promotion and special offering more efficient

BENEFIT OPPORTUNITY RISK

BROAD

Page 22: Social Strategy at American Express

Uncover what your customers think of you and your products

BENEFIT OPPORTUNITY RISK

BROAD

Page 23: Social Strategy at American Express

Find out how your customers are using your products

BENEFIT OPPORTUNITY RISK

BROAD

Page 24: Social Strategy at American Express

Many growing social media which have their own users.

BENEFIT OPPORTUNITY RISK

BROAD

Page 25: Social Strategy at American Express

AMEX have many fans but less users. and they can become the potential future

users.

BENEFIT OPPORTUNITY RISK

BROAD

Page 26: Social Strategy at American Express

Negative comments in the new target of social media.

BENEFIT OPPORTUNITY RISK

BROAD

Page 27: Social Strategy at American Express

Choose Wrong Social Media

BENEFIT OPPORTUNITY RISK

BROAD

Page 28: Social Strategy at American Express

Account Hijacked

BENEFIT OPPORTUNITY RISK

BROAD

Social Media become TARGET

Page 29: Social Strategy at American Express

Customer Loyalty

BENEFIT OPPORTUNITY RISK

DEEP

The customers of AMEX can be more LOYAL

Page 30: Social Strategy at American Express

Reduce time consumption in using product service

BENEFIT OPPORTUNITY RISK

DEEP

Page 31: Social Strategy at American Express

Already know the number of users and how to manage it

BENEFIT OPPORTUNITY RISK

DEEP

Page 32: Social Strategy at American Express

API Technology – Make an App

BENEFIT OPPORTUNITY RISK

DEEP

Page 33: Social Strategy at American Express

Mobile Payment App

BENEFIT OPPORTUNITY RISK

DEEP

Page 34: Social Strategy at American Express

Digital Trust

BENEFIT OPPORTUNITY RISK

DEEP

Page 35: Social Strategy at American Express

Not all countries use FB and 4SQ

BENEFIT OPPORTUNITY RISK

DEEP

Page 36: Social Strategy at American Express

PROPOSAL IMPLEMENTATION

Page 37: Social Strategy at American Express

Be bold Make the first move & sure

of things.

Page 38: Social Strategy at American Express

BROAD

be everywhere

Page 39: Social Strategy at American Express

Go for leaders in its segment.

BROAD

or

or

or

Page 40: Social Strategy at American Express

How to get new user in new account

AMEX wall of fame: each account that join will be printed out and place in headquarters

BROAD

Page 41: Social Strategy at American Express

BROAD

Page 42: Social Strategy at American Express

Increase SecurityMessage verification for users

BROAD

Train the staff about the security of social media

Always check if there are FAKE accounts

Page 43: Social Strategy at American Express

iMEX App

DEEP

Page 44: Social Strategy at American Express

FUN with AMEX

DEEP

Page 45: Social Strategy at American Express

Tweet your way to savings – pay with (#)

DEEP

I wanna buy a macchiato coffee in Starbucks

Taipei 101 #paywithamex #amex

Page 46: Social Strategy at American Express

Amex Charity

DEEP

Page 47: Social Strategy at American Express