Improving Customer Retention And Loyalty Programs With Blockchain [Forbes]
American Express Company (AXP)
Last american express company earnings: 4/24 07:00 am
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Source: Forbes
Photo:GettyIn today's economy, customer loyalty is highly sought after. With intense competition among retailers, brands don't want to just retain and reward customers, but also keep their brand relevant and foremost in customers' minds. As customer-centric business models become the norm, loyalty programs are a strategic investment that companies can't afford to overlook.With the loyalty management market expected to be worth$10.9 billion by 2024The ChallengeTraditional loyalty programs present challenges for both companies and customers.Organizations are concerned with estimating liability, personalization, improving conversion rates and uniformity among channels. From the customer side, there are challenges with restrictions and rules, reward options and the most common problem: losing track of accumulated rewards points. This isn't surprising given that the average U.S. household participates in up to29 different loyalty programsArmed with this information, companies that want to
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AXP
News
- American Express (NYSE: AXP) had its price target raised by analysts at Morgan Stanley from $252.00 to $305.00. They now have an "equal weight" rating on the stock.MarketBeat
- American Express (NYSE: AXP) had its price target raised by analysts at Compass Point from $315.00 to $325.00. They now have a "neutral" rating on the stock.MarketBeat
- American Express (NYSE: AXP) had its price target raised by analysts at Monness Crespi & Hardt from $300.00 to $330.00. They now have a "buy" rating on the stock.MarketBeat
- Robinhood's charging into 2025 — then 2034 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Where Will American Express Stock Be in 5 Years? [Yahoo! Finance]Yahoo! Finance
AXP
Earnings
- 10/18/24 - Beat
AXP
Sec Filings
- 12/16/24 - Form 8-K
- 12/2/24 - Form 4
- 11/27/24 - Form 144
- AXP's page on the SEC website