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Read the HBS Chase Sapphire case study. file:///C:/Users/Student/Downloads/HBR_case.pdf ( This is the article ) Are millennials a good target for J{MC? Why or Why not?
Read the HBS Chase Sapphire case study.
file:///C:/Users/Student/Downloads/HBR_case.pdf ( This is the article )
- Are millennials a good target for J{MC? Why or Why not? What makes them a challenging customer? What makes them a good customer? Why was Chase able to succeed with millennials when other competitors were not able to do so?
- Why did the Reserve product diffuse so rapidly? What made it so popular with consumers? Is the Chase Sapphire brand stronger or weaker post-launch? Why? Is the JPMorgan Chase brand stronger or weaker post-launch? What does this product contribute to its parent brands?
- How profitable are the transactor, revolver, and dormant Reserve customers for JPMC? Which types of customers are most desirable for JPMC? Why?
- How might the reduction from 100,000 to 50,000 sign-up points affect customer behavior? How might it affect the value of the Chase Sapphire Reserve (for customers and for JPMC?)? Which types of customers are most/least likely to renew? What changes would you make to Reserve going forward to maintain and/or enhance its competitive positioning?
- Should Chase target different customer groups with different marketing actions? How? PLEASE I NEED HELP WITH THESE DISCUSSION QUESTIONS.
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