PYMNTS

MAY 20, 2017

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

Millennials 119

Millennials San Francisco New York New York City 119

PYMNTS

MARCH 7, 2017

Recently Harvard University’s Joint Center for Housing Studies conducted a study titled Improving America’s Housing 2017: Demographic Change and The Remodeling Outlook that looked at the various types of home renovations and which of those are more popular among different age groups.

Millennials 109

Millennials Study Groups Maine 109

PYMNTS

OCTOBER 30, 2017

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers.

Millennials 109

Millennials North Carolina South Carolina social media 109

Accenture

APRIL 26, 2017

A breakdown of the 2016 findings by age (see Figure 2) reveals what many might regard as a surprising outcome—with millennials being by far the heaviest users of branches, tapering down to OAPs as the lightest. 1-5] Source: UK findings of Accenture 2017 Global Banking Distribution & Marketing Consumer Study— Beyond Digital.

Millennials 316

Millennials social media Innovation Study 316

PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. An Emerging Market. Hutchison said that, over the next 10 to 20 years, the U.S.

Strategy 279

Strategy Millennials Data Online 279

Accenture

MARCH 20, 2017

Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. Instead, they’re behaving like knuckleball pitches that move fast, but in erratic and unpredictable directions.

Marketing 150

Marketing Cyber Security Study Meeting 150

Accenture

MARCH 20, 2017

Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. Instead, they’re behaving like knuckleball pitches that move fast, but in erratic and unpredictable directions.

Marketing 150

Marketing Cyber Security Study Meeting 150

PYMNTS

JANUARY 2, 2019

The vast majority of consumers are still feeling confident about their financial situation, and younger consumers in the bridge millennial demographic are aging into their prime spending years. 2,225: The amount bridge millennials spend on average each year on retail purchases.

Millennials 158

Millennials Fraud Maine Retail 158

PYMNTS

JANUARY 18, 2018

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

Millennials 100

Millennials Branding Retail America 100

PYMNTS

OCTOBER 31, 2017

Retailers are set to clean up this Halloween, as 2017 is looking to be a record-setter for consumer spending during the holiday. That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 billion, up 8.3 billion, up 8.3

Millennials 105

Millennials Retail Los Angeles Survey 105

PYMNTS

DECEMBER 13, 2016

Millennials just aren’t buying homes — they are the first generation of Americans since World War II who will meaningfully move away from that vision of the American Dream. Millennial homeownership rates — for those 75.4 Millennials have not, as some have argued, radically thrown off ideas about owning homes en masse.

Millennials 100

Millennials Groups Study Marketing 100

PYMNTS

MARCH 1, 2018

According to recent PYMNTS research, in Q4 2017, only 51 percent of gig workers were paid within one week of rendering their services. That’s down from 63 percent in Q3 2017, indicating that more gig workers’ wages are being delayed even further. Can a cash back program help millennials avoid the debt trap? About the Tracker.

Millennials 102

Millennials Trends Cards ATM 102

PYMNTS

SEPTEMBER 16, 2019

Also, bridge millennials offer profound insight into the future of connected commerce. The service was launched in 2011 but was largely unknown until 2017 when it was purchased by the publicly traded entity Helios + Matheson. trillion global payments market with free services. trillion global payments market with free services.

Millennials 120

Millennials Payments Report Regulation 120

PYMNTS

OCTOBER 22, 2018

People of all stripes — from millennials to baby boomers, from Generation X to the Greatest Generation — are increasingly swapping the friction of shopping in a store for the convenience of using one of the many connected devices they now own to shop and buy from instead. That’s up sharply from 2017. Bridge Millennials are the 20.7

Millennials 212

Millennials Study Payments Data 212

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

PYMNTS

NOVEMBER 23, 2017

As of 2017, Thanksgiving’s evolution is continuing forward into the future. According to the American Farm Bureau Federation, 2017’s dinner table prices are hitting five-year lows. The last time Thanksgiving was this cheap was 2013,” John Newton, the federation’s Market Intelligence director. drop from last year.

National 131

National Retail Survey Examples 131

PYMNTS

AUGUST 14, 2017

Take a look at this chart, which lays out grocery chain market share. Walmart has the largest market share at 14.2 In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

OCTOBER 8, 2018

Sixty-one percent of small businesses said they use commercial credit cards , a year-over-year decrease from 2017’s 71 percent. At the same time, more than two-fifths of survey respondents agreed that cash flow management is a daily concern, while more millennials said it’s a concern compared to their older peers.

Millennials 197

Millennials Cards Survey Lending 197

PYMNTS

JUNE 4, 2019

QSRs and coffee merchants have been some of the most prominent testers in the connected commerce market, likely because those are the two categories that are most active among commuter commerce users. In 2017, Starbucks launched ordering integration with Ford’s SYNC3 , the automaker’s voice-activated technology powered by Alexa.

Millennials 184

Millennials Google Mobile Report 184

PYMNTS

FEBRUARY 19, 2020

According to a late 2017 report by the Centers for Disease Control and Prevention , almost 40 percent of American adults and nearly 20 percent of adolescents are obese – the highest rates in U.S. The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

Marketing 131

Marketing Exercises Course Big Data 131

PYMNTS

JANUARY 15, 2018

The funding will be used for growth initiatives, with an eye on millennials, and a launch of nine new localized sites across the U.S., and select European markets — undertakings that will see hiring accelerate at the company. Our bottom-line results are moving toward profitability exactly as planned.”.

Millennials 134

Millennials Branding Capital Report 134

PYMNTS

AUGUST 11, 2017

This stems from emerging markets like China, Russia and the United Arab Emirates starting to move into the luxury purchasing arena, with 70 percent of consumers increasing their spending. Within these emerging markets, we’ve seen retailers make large bets on luxury.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

OCTOBER 19, 2018

Millennials are credited as the digital generation, leaving their parents and grandparents behind, even though a majority of consumers over the age of 60 are banking online and regularly interacting with chatbots. Data: 500,000: The approximate number of students of Indian origin who traveled abroad to study in 2017.

Data 152

Data Study Millennials Online 152

PYMNTS

JUNE 25, 2019

P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. Surveys and other types of reports are taking note of this apparent trend.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

JANUARY 27, 2020

I’ve always been in trading and markets, and I have always been a trend follower,” O’Grady said. Launched In 2017, Phocus caffeinated water comes in several flavors, all calorie-free and without any kind of added sweeteners. It can now be found in 1,500 retail locations nationwide and counting.

Louisville 131

Louisville Marketing National Millennials 131

PYMNTS

JANUARY 24, 2020

Vitamins may be a massive market in the U.S., As of 2017, about three-quarters of adults between the ages of 18 and 34 reported taking at least one vitamin supplement per day — up from around 65 percent in 2015. There is no shortage of vitamin brands on the market. but, for consumers, it is not a well-understood one.

Marketing 133

Marketing Branding Millennials Apple 133

PYMNTS

NOVEMBER 5, 2018

Cyber Monday, a one-time marketing stunt that has grown monstrous (good monster — not the evil type,) will set yet another retail record this year, Adobe predicted, with sales on Nov. percent from the same day in 2017. It’s easy to overestimate millennials’ engagement with technology,” he said. percent, reaching $124.1

Retail 179

Retail United States Millennials Study 179

PYMNTS

OCTOBER 30, 2018

The growing digital fitness market indicates that wearable fitness devices, like smartwatches and fitness bands, are becoming more than just a fad. Recent data found that 40 million fitness trackers were sold in 2017, and 71 million smartwatches shipped this year. Based on current trends, the market is projected to reach $27.4

Millennials 152

Millennials Trends Survey Exercises 152

PYMNTS

NOVEMBER 15, 2018

Data: $10 billion: Current value of the global digital identity market. 24 percent: Share of millennials who are credit union members. households that were wholly unbanked in 2017. 217 percent: The increase in searches for home listings in Crystal City, Virginia since Amazon officially announced it as one of two HQ2 locations.

Data 128

Data Virginia Payments Millennials 128

PYMNTS

JUNE 8, 2018

Driven by younger customers, such as millennials and teens, casual luxury is bolstering sales of luxury apparel, handbags and footwear. The really-growing brands now beating the market are the ones already hooking these teenagers,” Bain Partner Claudia D’Arpizio told CNBC.

Millennials 100

Millennials social media Branding Groups 100

PYMNTS

AUGUST 18, 2017

By the end of June this year, the wearables market in particular saw a 1.5 What’s more, is that between Q2 2017 through the end of 2018, the wearables part of the connected arena is expected to see a 60 percent increase, which will bring the amount of U.S. percent increase over last year, with 9 percent of U.S.

US 128

US Millennials United States Survey 128

PYMNTS

FEBRUARY 26, 2019

In the early part of 2017, HSBC announced the new payment app, geared toward millennials in Hong Kong who also wanted social media built in. HSBC has been rolling out technology in the business market to compete with the FinTechs that are transforming financial services. Since its launch, HSBC said it has close to 1.5

social media 178

social media Millennials Fintech Retail 178

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

MAY 23, 2019

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. million raise in the fall of 2017, which was led by Eniac, and it also raised $7 million in venture debt from Silicon Valley Bank. Zero announced an $8.5

Cards 135

Cards Millennials FDIC ATM 135

PYMNTS

NOVEMBER 5, 2018

As demonstrated in a new PYMNTS deep dive into the data surrounding this issue, 40 million fitness trackers were sold in 2017, and 71 million smartwatches shipped this year. Based on current trends, the market is projected to reach $27.4

Millennials 168

Millennials Apple Policies Technology 168

PYMNTS

JULY 25, 2018

It’s a big market today (which will be an exponentially bigger market tomorrow), one that innovators from all over technology, retail, payments and financial services are rushing to get in on at the ground floor, even though that ground floor itself is being built underneath them. Voice commerce sales in 2017 were 1.8

Marketing 100

Marketing Millennials Google Mobile 100