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It Began just as an Express
shipping company in 1850
15th
"Most
Valuable
Brand
in
the
World"
One of the top
30 "Most
Admired
Companies”
Today it is
Did the change took place
overnight ?
No
Then how ?!!
In 1891 they created the first
internationally accepted
"Travellers Cheque"
Issued first charge card in 1958.In 1967 1/3 of the
total profit came from its charge card business. In
60's and 70's, they stepped up its marketing efforts.
Target market Wealthy, elite
consumers less prone to
market risks
A Product mix of
Charge cards, credit cards, travel services,
financial services
People started visualizing it
as symbol of prestige
American Express
established itself as a status
symbol.
They created a sense of
exclusiveness
Rebranded its Small Business Services
division as “OPEN:
The Small Business Network”
Blue and black
Introduced two new
cards
My life my
card
Are you a card
member
Scored a huge
legal victory
against
Visa and
Master card
in 2004
which acquired
them 26 million
more customers
Recession
Global economic collapse in
2008 - 2009 resulted in
dumped financial results.
Stock price fell 64%.
Many argued that it grew too
fast in 2005-07.
"Top 5 Most
Popular cards
from 2009"
SUMMARY
What it is? Why it is?
DISCLAIMER
These slides were created by Pulkit
Sachan(RGIPT, Raebareli) as part of an
internship under the guidance of Prof.
Sameer Mathur (IIM Lucknow)

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