PYMNTS

DECEMBER 1, 2020

When PYMNTS last measured Amazon’s take of the total eCommerce business it found that it touched just north of 50 percent for Q1 2020 in eCommerce market share (51.2 It even dropped from Q2 2019 (46.6 The Q3 guidance given by the company on its recent earnings call predicted a 30 to 40 percent increase over 2019. percent.

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

NOVEMBER 22, 2019

That fundamental difference in what counts as a best-case scenario has caused millennials to turn away from revolving credit products, Afterpay Co-founder and CEO Anthony Eisen told PYMNTS in a recent conversation. The company recently announced that Facebook’s former Chief Marketing Officer Gary S. Budget Management For Customers .

Millennials 158

Millennials Retail Tools Branding 158

PYMNTS

NOVEMBER 30, 2020

market for food delivery. Our [gross order volume] in 2019 represented less than 3 percent of this off-premise spend, highlighting the large addressable opportunity ahead of us in the food vertical alone,” DoorDash wrote in its recent S-1 filing. We believe we are in the early phases of broad market adoption.”. population. …

US 181

US Marketing Trends Millennials 181

PYMNTS

APRIL 24, 2018

When it comes to stock market picks, Wall Street investors are placing their bets on the buying power of the millennial generation. Horton, which he believes should get a boost as more millennials become first-time homebuyers. I like to call this chart ‘millennials can’t cook,’” Ran said. homebuilder D.R. In fact, D.R.

Millennials 100

Millennials NV United States New York 100

PYMNTS

JANUARY 27, 2020

Despite increased attendance and a spike in the fitness industry , some middle-market fitness gyms are struggling with debt, according to a report by Bloomberg. In 2019, the company’s earnings went down due to the troubled debut of a new automated system for check-ins and signups. The company’s membership went down to 3.4

Marketing 140

Marketing Branding Millennials Groups 140

PYMNTS

MAY 2, 2019

The company said the changes will go into effect on May 9, 2019. The payment company said research shows millennials are spending the most on groceries, streaming and commuting. “If I had to pick, I’d argue that the best potential fits are older millennials and Gen Xers. supermarkets and 3 percent cash back at U.S.

Millennials 111

Millennials Cards Lending Industry 111

Perficient

JULY 12, 2022

What does your brand portray to the market? population is considered Millennial or younger, as of July 2019) , the demand for personalization grows. Consider: Marketing automation through Salesforce Marketing Cloud extends the capabilities of the Financial Services Cloud across digital touchpoints.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

PYMNTS

NOVEMBER 15, 2019

According to a new report by marketing technology firm BounceX, conversion rates on mobile have grown faster than on any other device over the past three seasons. The heaviest users are millennials, members of Generation X and bridge millennials.

Retail 128

Retail Mobile Millennials Tools 128

Insights on Business

FEBRUARY 13, 2019

At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. If it doesn’t, negative news travels fast through millennial networks. Social-based marketing. Hyper-connected journey.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

JANUARY 27, 2020

Despite increased attendance and a spike in the fitness industry , some middle-market fitness gyms are struggling with debt, according to a report by Bloomberg. In 2019, the company’s earnings went down due to the troubled debut of a new automated system for check-ins and signups. The company’s membership went down to 3.4

Marketing 130

Marketing Branding Millennials Groups 130

PYMNTS

DECEMBER 18, 2020

million in 2019, Poshmark made $21.1 That’s up 28 percent from the same 2019 period. million from $50 million in the same 2019 period. percent in 2020’s first nine months, which didn’t sway the market once the stock started trading. orders on average on our platform in 2019.”. After losing $14.5 30 quarter.

social media 232

social media Online Millennials Training 232

PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Data obtained by one news outlet indicates that Chinese tech firms are aiming to grow markets for the newest facial recognition technology while moving a global standard forward.

Millennials 100

Millennials Strategy Payments United States 100

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations.

Retail 135

Retail Branding Course Charlotte 135

PYMNTS

MARCH 2, 2020

and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. We’re excited to bring our vertically integrated model to the United States, the largest home improvement market in the world,” a Wren Kitchens spokesperson said. market in terms of marketing and real estate is substantial.

Retail 132

Retail Marketing US Connecticut 132

CB Insights

MARCH 27, 2019

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019.

Millennials 77

Millennials Fintech Trends Report 77

PYMNTS

JANUARY 20, 2020

Millennials to the Rescue. Indeed, there are solid reports out there that millennials — that scapegoated generation blamed for the demise of certain fast-casual restaurant chains, densely-packed pieces of primeval carbon (aka diamonds ) and other consumer mainstays — are helping to keep the greeting card industry alive.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

JUNE 18, 2020

In the latest of a string of outages as of the beginning of March, Robinhood Markets Inc. The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We At the conclusion of 2019, Robinhood said it had 10 million users. The app was up in under an hour.

social media 174

social media Millennials Marketing Online 174

PYMNTS

JUNE 12, 2019

Data: 64 million: Number of cars equipped with some form of connected technology that will be shipped worldwide in 2019. $59 59 billion: Estimated value of the global biometrics market by 2025. 48 percent: Share of millennial parents who would rather not eat at all than wait in long QSR lines.

Security 148

Security Millennials Data Retail 148

PYMNTS

APRIL 30, 2019

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. According to The Financial Times, in China funding for FinTech startups declined 89 percent to $192 million during the first quarter of 2019.

Fintech 176

Fintech Millennials Regional Financial Technology 176

PYMNTS

OCTOBER 23, 2020

million homes on the market. In terms of turnaround, properties were on the market for only 21 days. That means that sales — from listing to closings — have accelerated, as time on the market was 22 days in August and 32 days in September 2019. This implies that first-time buyers are being priced out of the market.

Survey 227

Survey Maine New York Millennials 227

PYMNTS

DECEMBER 30, 2020

could become an even more competitive market for BNPL solutions in the future. A survey found that 15 percent of the nation’s consumers are using the payment method for their purchases, compared to just 4 percent in 2019. Afterpay also reported that 80 percent of its annual sales worldwide were digital.

Payments 276

Payments Trends Millennials United States 276

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. Nordstrom joins other department stores in the resell market. More data on the market comes from sneaker and streetwear reseller StockX. We like the handle.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

FEBRUARY 25, 2020

Experiential marketing is one of the most commonly discussed and executed strategies in the 2020 connected commerce world. Anthropologie , for its part, is renowned for its creativity and innovation in experiential marketing, while Macy’s is focusing on experiential stores as part of its comeback plan for the year.

Retail 130

Retail Millennials Tools Innovation 130

PYMNTS

DECEMBER 24, 2019

And 2019 was no exception. As Green Dot Chief Revenue Officer Brett Narlinger told Karen Webster, the same holds true for banks, particularly when it comes to millennial and Gen Z consumers. It’s been a wild ride for payment and merchant services in 2019. How IoT Can Make Payments New Again. Credit Unions Embrace Disruption.

Payments 134

Payments Illinois Mobile Guidelines 134

Perficient

APRIL 14, 2022

population is considered millennial or younger as of July 2019), the demand for personalization in the commerce experience grows. New product opportunities are being driven by innovation and market conditions. Leveraging Data Responsibly . As digital natives begin to make up the majority of the U.S.

Strategy 332

Strategy Tools Industry Data 332

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. PYMNTS research shows 11.5

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million Gen Zers in the market who are eligible to carry credit cards.

Millennials 124

Millennials Cards Lending Data 124

PYMNTS

FEBRUARY 7, 2020

Robinhood , the investment app that upended its market by elimination of commissions on stock trades is bringing its brand of disruption to the United Kingdom. Since November 2019, about 60,000 UK users have signed up for the service, according to the Financial Times Thursday (Feb.

United States 150

United States FDIC Millennials cryptocurrency 150

PYMNTS

FEBRUARY 14, 2020

Things could not have gone much better for Wine.com in 2019. By all accounts, including industry bible Wine Enthusiast, the wine of the year for 2019 was the Taylor Fladgate Quinta de Vargellas Vinha Velha 2017. The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

PYMNTS

JUNE 19, 2020

The e-commerce industry as a whole got a bit shell-shocked in the first few weeks of March in the wake of COVID-19, with marketers dialing back ad spend,” says Paul H. percent purchase rate was measured over 2019’s 10.5 It’s never been a better time to be a retail app marketer.”. per customer.

Meeting 175

Meeting Mobile Retail Maine 175

PYMNTS

OCTOBER 5, 2020

Now that consumer packaged goods companies have shown they can create products and sell them directly to consumers, it’s time for them to step up their strong suit: marketing. As part of its Kellogg’s Family Rewards program, it is wrapping up a D2C promotion that is unique for its marketing-first approach and for its product bundling.

Branding 183

Branding Millennials Resources Marketing 183

PYMNTS

JUNE 15, 2019

According to data from global luxury travel network Virtuoso , families are using a wider lens when it comes to their summer 2019 travel destinations. They may be young, but Gen Zers have strong opinions and exert considerable influence over travel decisions,” the 2019 Virtuoso Luxe Report notes.

Millennials 179

Millennials Hawaii social media Report 179

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. About a fifth, by comparison, had used Venmo for gambling.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

APRIL 9, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. percent in 2019.”. percent in 2019. up from 39.3

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

NOVEMBER 13, 2020

For now, the focus on meal delivery shakes out to an estimated 50 percent market share in the category based on sales, compared to 26 percent for Uber Eats and 16 percent for Grubhub. population at the end of the third quarter, noting that “we are in the early phases of broad market adoption.”. DoorDash said that U.S.

Course 244

Course Millennials Operations Survey 244

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

JANUARY 22, 2021

percent increase from $274,500 in December 2019. What's even better is that this momentum is likely to carry into the new year, with more buyers expected to enter the market.”. Seven in 10 residences sold in December 2020 were on the market for under one month. The National Association of Realtors® (NAR) said on Friday (Jan.

US 147

US Millennials National Tools 147