OPEN from American Express(R) Expands Small Business Savings Program with Yahoo!

Wed Jan 9, 2008 10:53am EST
 
[-] Text [+]
- Automatic discounts of 5% on Yahoo! Search Marketing and Yahoo! Small
Business services -

    NEW YORK, Jan. 9 /PRNewswire-FirstCall/ -- OPEN from American Express
today announced the expansion of its OPEN Savings(R) program with the launch
of Internet services partners Yahoo! Search Marketing and Yahoo! Small
Business. OPEN Savings gives small business owners automatic savings virtually
every time they use an American Express(R) Small Business Card to make
purchases at any OPEN Savings partner.*
    (Logo: http://www.newscom.com/cgi-bin/prnh/20051201/AMEXLOGO )
    Through this partnership, business owners can use their Small Business
Card to automatically reduce their costs of doing business with Yahoo! Search
Marketing and Yahoo! Small Business services.  Small business Cardmembers will
receive a 5% discount on Yahoo! Search Marketing's online advertising and
promotion services in addition to Yahoo! Small Business's comprehensive, easy
to use services, including Web site hosting, e-commerce, business e-mail, and
domain name registration.
    OPEN Savings has delivered more than $200 million in savings to American
Express Small Business Cardmembers since 2004. OPEN Savings eliminates the
need for offer codes, coupons or program enrollment and provides automatic
savings from well-known brands. Savings can also be combined with other
marketplace offers or volume discount pricing that businesses may already be
receiving from program partners.
    "Online marketing has proven to be effective for small businesses, and 55%
of entrepreneurs use a company Web site as a marketing tool," said Raymond
Joabar, senior vice president and general manager of OPEN from American
Express, citing data from the Fall 2007 OPEN from American Express Small
Business Monitor. "The addition of Yahoo! Search Marketing and Yahoo! Small
Business to our OPEN Savings program provides business owners with an
outstanding value on marketing tools that are vital to the success of their
business."
    "Yahoo! is pleased to work with OPEN from American Express to offer
savings on our award-winning Web site hosting, e-commerce and search marketing
solutions, which enable small businesses to quickly get online, sell online,
and market online," said Todd Daum, vice president of Marketing for Yahoo!'s
Online Channel Division.  "Yahoo! is also committed to expanding our
partnership with American Express as we explore opportunities to help connect
our respective companies with customers online."
    OPEN Savings is a benefit embedded within all American Express Small
Business Cards. American Express Business Cardmembers simply need to use their
small business credit or charge card for purchases with any OPEN Savings
partner to take advantage of discounts. The savings will automatically appear
on the Cardmember's monthly statement and can be tracked when accessing an
account at OPEN.com. OPEN Savings discounts are calculated on the full
transaction amount, including any taxes and surcharges. Terms and conditions
apply.
    Partners and discounts include:

    Travel and Dining
    -- Delta(R): 3% off flights (plus 2% with co-branded Business Cards)
    -- JetBlue(R): 3% off flights (plus 2% with co-branded Business Cards)
    -- eSkyGuide: 20% off digital flight timetables
    -- Hyatt Hotels & Resorts(R): 3% off hotel stays
    -- Hertz(R): 5% off car rentals
    -- Courtyard by Marriott(R): 5% off hotel stays
    -- Fairfield Inn by Marriott(R): 5% off hotel stays
    -- SpringHill Suites by Marriott(R): 5% off hotel stays
    -- Wingate(R) by Wyndham: 5% off hotel stays
    -- Ruby Tuesday(R): 5% off dining

    Supplies and Services
    -- Yahoo! Search Marketing: 5% off internet marketing
    -- Yahoo! Small Business: 5% off internet business tools
    -- FedEx: 5% off express and ground shipping
    -- FedEx Kinko's Office and Print Centers(R): 5% off business services
    -- 1-800-FLOWERS.COM(R): 5% off flowers and gifts
    -- American Express Incentive Services: 5% off prepaid cards
    -- Symantec: 10% off security software

    Business Building Tools
    -- BizFilings: 20% off incorporation services
    -- Ceridian: 20% off payroll services
    -- Constant Contact(R): 5% off e-mail marketing services
    -- ExpensAble: 25% off expense management software
    -- Logoworks by HP: 15% off logo and graphic design


    Terms and conditions apply. To learn more about automatic discounts with
these new partners, or about the OPEN Savings program, visit
www.opensavings.com.
    About OPEN from American Express
    OPEN from American Express is dedicated exclusively to the success of
small business owners and their companies.  OPEN supports business owners with
unparalleled service. With tailored products and services, the team delivers
purchasing power, flexibility, control and rewards to help customers run their
business. Specifically, business owner customers can leverage an enhanced set
of products, tools, services and savings, including charge and credit cards,
convenient access to working capital, robust online account management
capabilities and savings on business services from an expanded lineup of
partners. To obtain more information about OPEN, visit OPEN.com, or call
1-800-NOW-OPEN to apply for a card or loan.  Terms and conditions apply.
    About Yahoo!
    Yahoo! Inc. is a leading global Internet brand and one of the most
trafficked Internet destinations worldwide. Yahoo! is focused on powering its
communities of users, advertisers, publishers, and developers by creating
indispensable experiences built on trust. Yahoo! is headquartered in
Sunnyvale, California. For more information, visit pressroom.yahoo.com or the
company's blog, Yodel Anecdotal.
    *OPEN Savings(R): Savings range from 3% to 25%.  Payment must be made with
an American Express(R) Business Card at the time of purchase; savings will be
credited to your account.  Other restrictions or limitations may apply.
Subject to offer terms and conditions located at opensavings.com.  Merchant
participation and offers are subject to change without notice.  Yahoo(R):
Valid on Yahoo! Search Marketing ("YSM") and Yahoo! Small Business ("YSB")
purchases only.  Maximum annual combined savings across YSM and YSB are $500
per Card account.
SOURCE  American Express

Rosa Alfonso of American Express, +1-212-640-1712, rosa.m.alfonso@aexp.com

 

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