American Express Loyalty Program Case Study

Amazon. com case study Smart Insights. Amazons business strategy and revenue model A history and 2. Ive used Amazon as a case study in my books for over 1. I think all types of businesses can learn from their digital business strategy. From startups and small businesses to large international businesses, their focus on the customer, testing market opportunities made available by digital technology and their focus on testing and analysis to improve results. I aim to keep this case study up to date for readers of the books and Smart Insights readers who may be interested. In it we look at Amazons background, revenue model and sources for the latest business results. We can also learn from their approach to digital marketing since they use digital marketing efficiently across all customer communications touchpoints in our RACE marketing planning framework Reach Amazons initial business growth based on detailed approach to SEO and Ad. Words targeting millions of keywords. Act Creating a clear simple experiences through testing and learning. Swayamvaram Old Movie Songs. Convert Using personalisation to make relevant recommendations and a clear checkout process that many now imitate. American Express Loyalty Program Case Study' title='American Express Loyalty Program Case Study' />Get the latest science news and technology news, read tech reviews and more at ABC News. The internment of Japanese Americans in the United States during World War II was the forced relocation and incarceration in camps in the western interior of the. Engage Their focus on customer experience, Customer Obsession as they call it  is shown by the way they consistently outperform other retailers in their ACSI customer satisfaction rating too. We have our own internal experimentation platform called Weblab that we use to evaluate improvements. Experiments and more experiments Amazon have created their own internal experimentation platform called Weblab that they use to evaluate improvements to our websites and products. In 2. 01. 3, they ran 1,9. Weblabs worldwide, up from 1,0. One recent example of how these are applied is a new feature called Ask an owner. From a product page, customers can ask any question related to the product, Amazon then route these questions to owners of the product who answer. Amazon business and revenue model. I recommend anyone studying Amazon checks the latest Amazon revenue and business strategies from their SEC filings Investor relations. The annual filings to give a great summary of e. Bay business and revenue models. A good summary of the latest business model initiatives is always available in the latest Amazon annual report summary. The latest report includes a great vision for Digital Agility reprinted from 1. Amazon explain We will continue to measure our programs and the effectiveness of our investments analytically, to jettison those that do not provide acceptable returns, and to step up our investment in those that work best. We will continue to learn from both our successes and our failures. They go on to explain that business models are tested from a long term perspective, showing the mindset of CEO Jeff Bezos We will continue to make investment decisions in light of long term market leadership considerations rather than short term profitability considerations or short term Wall Street reactions. The latest example of innovation in their business model is the 2. Fire phone. Which while an undistinguished as an Android smartphone features innovation in its 3. D dynamic perspective and can recognize over 1. CDs to other products. Naturally owners can read product details for these items, add them to their Wish List, and order them on Amazon. Other recent innovations you can read about in the report include Fire TVGrocery delivery in the West coast of the United States. Prime Instant Video. Amazon Fashion. Expansion to Amazon Web services AWSAWS is less well known outside of tech people, but Amazon is still pursuing this cloud service aggressively. In 2. 01. 1, they introduced 8. They now have 1. 0 AWS regions around the world, including the East Coast of the U. S., two on the West Coast, Europe, Singapore, Tokyo, Sydney, Brazil, China, and a government only region called Gov. Cloud. A short history of Amazons growth and business model evolution. So how did Amazon grow to where it is today Amazon has come a long way since it launched in 1. From and these offices. Seattle headquarters Amazon performs exceptionally efficiently measured against revenue per visitor, which is one of the key measures for any commercial website, whether its a media site, search engine, social network or a transactional retailer or offers travel or financial services. Of course profit per user would be quite different due to the significantly lower costs of other. Facebook and Google. Note SEC is the Securities and Exchange Commission SEC which is a government agency for which companies have to submit an open evaluation of their business models and marketplace conditions. Further Amazon case information. This case study created by Faber. Novel Amazon. com The Hidden Empire one of five Most Favorited slideshows on Slideshare. Recommended, if a little dated. Amazon Case Study Context. Why a case study on Amazon Surely everyone knows about who Amazon are and what they do Yes, well thats maybe true, but this case goes beyond the surface to review some of the insider secrets of Amazons success. Like e. Bay, Amazon. The name reflected the vision of Jeff Bezos, to produce a large scale phenomenon like the Amazon river. This ambition has proved justified since just 8 years later, Amazon passed the 5 billion sales mark it took Wal Mart 2. By 2. 00. 8 Amazon was a global brand with other 7. Despite this volume of sales, at December 3. Amazon employed approximately 1. In September 2. 00. Amazon MP3, a la carte DRM free MP3 music downloads, which now includes over 3. Amazon Vision strategy. In their 2. 00. 8 SEC filing, Amazon describe the vision of their business as to Relentlessly focus on customer experience by offering our customers low prices, convenience, and a wide selection of merchandise. The vision is still to offer Earths biggest selection and to be Earths most customer centric company. Consider how these core marketing messages summarising the Amazon online value proposition are communicated both on site and through offline communications. Of course, achieving customer loyalty and repeat purchases has been key to Amazons success. Many dot coms failed because they succeeded in achieving awareness, but not loyalty. Amazon achieved both. Shortcut Key To Switch Between Programs In Windows. In their SEC filing they stress how they seek to achieve this. They say We work to earn repeat purchases by providing easy to use functionality, fast and reliable fulfillment, timely customer service, feature rich content, and a trusted transaction environment. Key features of our websites include editorial and customer reviews manufacturer product information Web pages tailored to individual preferences, such as recommendations and notifications 1 Click technology secure payment systems image uploads searching on our websites as well as the Internet browsing and the ability to view selected interior pages and citations, and search the entire contents of many of the books we offer with our Look Inside the Book and Search Inside the Book features. Our community of online customers also creates feature rich content, including product reviews, online recommendation lists, wish lists, buying guides, and wedding and baby registries. In practice, as is the practice for many online retailers, the lowest prices are for the most popular products, with less popular products commanding higher prices and a greater margin for Amazon. Spring Event Presentations from Loyalty Fraud Prevention Conference 2. May 2. 01. 7 2. May 2. Event Overview This conference was a gathering of executives from multiple industries responsible for fighting the growing problem of loyalty program fraud. As companies improve their defenses against credit card fraud, it is driving fraud to a new channel loyalty programs. Loyalty Program fraud is also made worse by consumers not treating loyalty accounts as they would their bank account. With the result that their rewards are long gone before consumers realize that the miles for their next dream vacation or flight have been stolen. As yet, law enforcement agencies are not actively involved in looking at loyalty fraud cases, leaving both Loyalty Programs and consumers without this support. The conference examined all aspects of this complicated issue, while also serving to launch the Loyalty Fraud Prevention Association LFPA. Event Theme Beating the Fraudsters The event shared best practices to reduce loyalty fraud, improve margins and beat the fraudsters. It also offered networking opportunities to meet industry peers to help you achieve these objectives. Scroll down to see the agenda. To obtain the presentations from this event, click on the button above for Sign up for Conference Presentations and request those from the 2. Loyalty Fraud Prevention Conference Spring Event. Note This request form is managed by Ai Conferences, the event organiser which organised this conference on LFPAs behalf. Symposium Agenda Beating the Fraudsters May 2. Pre Conference Loyalty Fraud Discussion Group. Welcome Networking Reception. May 2. 01. 78 0. Breakfast, Registration Networking. Chairmans Welcome Remarks Introductions Michael Smith, Co Founder, Loyalty Fraud Prevention Association. Keynote Ensuring your Loyalty Program Rules dont invite the fraudsters David Andreadakis, VP Loyalty Strategy, Kobie Marketing. Keynote IT Security Your Loyalty Program Jon Pitts, MD USA, Foregenix. Coffee Break Networking sponsored by Kount  1. Identity Security and the Dark Web Lars Holmquist, SVP Group Business Development The Americas, Collinson Group. Loyalty Program Security Best Practices report from the LFPA Working Group other LFPA updates Peter Maeder, Secretary, Loyalty Fraud Prevention Association Trent Reeve, CISO, Bridge. Micrografx Designer Viewer. Solutions Janice Li, Associate Director Marketing Program Risk Management, Marriott International SPG Program1. Group Lunch Networking. Hybrid Analytic Approach to Loyalty Fraud. Greg Henderson, Senior Director Fraud Security Intelligence, SASFraud presents itself in many ways, and fraudsters are constantly evolving how they perpetrate fraud. As people find more ways to defraud organizations with loyalty programs, it becomes important for these organizations to find proactive ways to address this potential fraud. This presentation will cover a variety of techniques that can be used to detect and prevent loyalty fraud, including business rules, peer group analysis, fraud models, and social network analysis. As we review these techniques, we will highlight the pros and cons of each technique and highlight how a hybrid approach to loyalty fraud that incorporates multiple techniques is more effective than using the techniques in isolation. Why Fraudsters Love Loyalty Programs Don Bush, VP Marketing, Kount. Your Company Has Been Breached, Now What How to Manage Communications with Your Best Customers and to Control Your PR Crisis This was the most controversial presentation from the 1st Loyalty Fraud Prevention Conference held in London in November 2. Vanessa Horwell, Chief Strategy Officer, Think. Ink. 14 3. 0 1. Coffee Break Networking sponsored by Pindrop. Cooperating with Law Enforcement to Stop Loyalty Fraud Chad Hunt, SSA Computer Intrusion Squad, Federal Bureau of Investigation FBI1. Lions Den New products and innovations are key to reducing fraud. The Lions Den is a showcase of these where companies are given 5 minutes to pitch their payment or fraud prevention related innovation live unrehearsed to our board of industry executive Lions. Honest critical feedback on the product sales pitch is then provided in front of our conference audience. Pitching Companies Pindrop Theseuss Spy. Cloud. Chief Lion Judge Len Covello, CTO, Engage People. Lions Judges Randy Farmer, Sr. Analyst Threat Operations, Macys Joao Frias, Head of Global Fraud, Payments Compliance, TAP Portugal Advisor, Loyalty Fraud Prevention Association Erik Lagesen, Vice President Business Development, SIMPLENIGHTLion Tamer Moderator Michael Smith, Co Founder, Loyalty Fraud Prevention Association. Quantifying Loyalty Fraud Laura Hudelbrink, Product Manager, Connexions Loyalty. Loyalty Fraud Prevention Case Study An Airline Story Lance Sleeper, Director Operations Airline Strategy, Shape Security. Closing Panel Discussion Wrap Up Summary Discussion. What can be done to stop loyalty fraud Moderator Bill Hanifin, CEO, Hanifin Loyalty. Panellists Nick, Boccone, VP Infrastructure Security, Engage People Trent Reeve, CISO, Bridge. Solutions Joao Frias, Head of Global Fraud, Payments Compliance, TAP Portugal Advisor, Loyalty Fraud Prevention Association Jon Pitts, MD USA, Foregenix. Drinks Networking. Want to see what there was to do and see in Atalnta Checkout this free guide from Arrival. Guides. Copyright 2. Loyalty Fraud Prevention Association Limited. All Rights Reserved. The following companies participated Accertify. ACI Worldwide. Aeroflot. Aeroplan. AIMIAAmerican Express. Augeo. Breakaway Loyalty. Bridge. 2 Solutions. Cartera Commerce. Collinson Group. Connexions Loyalty. Cyber. Source. Discover Financial. Engage People Inc. Expedia. Federal Bureau of Investigation FBIFirst Citizens Bank. Hannifin Loyalty. Hilton. Intercontinental Hotels Group IHGKobie Marketing. Kount. Loyalty Edge. Loyalty Fraud Prevention Association LFPAMacys. Maritz. Marriott Rewards. Master. Card. Perseuss. Pindrop Security. Pw. CRed Roof Inns. SASShape Security. Spy. Cloud. SPG, Marriott International. Southwest Airlines. TAP Portugal Airlines. Theseuss. Think. Ink PRUnited Airlines. VISAWyndham Hotel Group. Photo London venue of the 1st LFPA Conference held in November 2. This conference, held in London in November 2. Ai for the Loyalty Fraud Prevention Association. It was a first worldwide gathering of executives from multiple industries responsible for fighting loyalty program fraud. Its theme was Are you really protected You may request to download its presentations below. To obtain the presentations from this event, click on the button above for Sign up for Conference Presentations and request those from the 2. Loyalty Fraud Prevention Conference.