PYMNTS

FEBRUARY 10, 2020

It started as a simple online form: Users would fill out their destinations, the number of travelers in their group, their dates of travel and a bit of information on what they are like. That idea gradually morphed into Roost, which allows consumers to book a hotel and find a roommate. The Platform.

Las Vegas 142

Las Vegas San Francisco Nashville Chicago 142

PYMNTS

AUGUST 23, 2017

Millennials get a bad rap for everything from being unable to commit to a job to jeopardizing the cereal market. But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

Millennials 111

Millennials Policies Management Strategy 111

PYMNTS

JANUARY 10, 2020

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Approximately 70 percent of guests use Pay Less Upfront when it is available, Shrauger noted.

Millennials 131

Millennials social media Mobile Payments 131

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. And in certain categories, such as books, auto parts and electronics, Amazon’s share of spend is decimating that of retail stores.

Online 197

Online Retail Mobile Branding 197

PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. Merchants Need To Rethink Booking.

Industry 168

Industry New York City Online Security 168

PYMNTS

DECEMBER 24, 2019

“Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. Sneakers used to be functional, but now, they are part of who you are,” he added. That’s not all.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

SEPTEMBER 21, 2018

To help its Platinum cardholders book tables at restaurants through their phones, including those that have Michelin stars, American Express plans to roll out a reservation service that will be reportedly similar to OpenTable. The offering will arrive in the U.K. this fall before coming to the U.S. The offering will arrive in the U.K.

Millennials 170

Millennials Conference Cards US 170

PYMNTS

JANUARY 16, 2020

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. That’s the general case with travel search startup Hipmunk.

Millennials 142

Millennials Meeting Innovation Mobile 142

PYMNTS

NOVEMBER 27, 2018

More than 165 million Americans shopped online or in stores during the period from Thanksgiving through Cyber Monday , surpassing the 164 million estimate the National Retail Federation (NRF) provided before the shopping event. Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05.

Millennials 149

Millennials social media Retail Survey 149

PYMNTS

APRIL 13, 2020

There has been similar growth in mobile disbursement interest in the business-to-business (B2B) space as well, especially as more millennial and Gen Z workers join firms’ staff. Millennials are among the top financial app users: 94 percent of surveyed millennials use P2P apps like Venmo and Zelle.

Mobile 232

Mobile Innovation Millennials Payments 232

PYMNTS

FEBRUARY 13, 2020

For corporate travel, it has been encouraging partners to focus their offerings on millennials. A recent report from the company showed that millennials are the current lucrative travel targets, but that Generation Z will dictate the future of the industry. Millennials will book directly at a rate of 63 percent.

Millennials 150

Millennials Examples Cards Groups 150

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. Their life is an open book on social media, and even the tiniest of details are never too much to provide. Millennials expect technology to intelligently know who they are, with any investigative work done on the back end.

Millennials 100

Millennials Data social media Technology 100

PYMNTS

DECEMBER 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. Why Travel Firms Need To Cater To Millennial Payment Preferences.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

DECEMBER 13, 2019

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. Enter the platforms, complete with algorithms and tools to discover and price-compare any experience or item that can be booked or rented online. Where’s the Trust?

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

DECEMBER 10, 2018

In an effort to make travel planning easier for those looking to see the world, startups such as Noken are creating mobile personalized itineraries out of hotel, activity and ground transportation bookings. The booking process starts when consumers visit the Noken website and select a destination. The Digital Nomad Market.

Regional 144

Regional Millennials Training Course 144

PYMNTS

JUNE 15, 2019

That gain, according to the report, is largely driven by social media savvy Gen Z consumers, who tend to exert a larger than expected amount of sway in bookings. More than half of parents and grandparents also said their Gen Alpha family members attempted to influence family trip planning by showing them online and television media.

Millennials 179

Millennials Hawaii social media Report 179

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. Most of the company’s revenue comes from fee-paying franchisees and bookings.

Online 100

Online Retail Marketing Capital 100

PYMNTS

MAY 11, 2020

Many gyms have taken a page from Peloton’s book and started offering online classes, numerous restaurants have transformed themselves into meal kit businesses practically overnight, and sellers of physical goods have started shipping items directly to consumers’ doors, bypassing the physical stores altogether.

Millennials 228

Millennials Retail Groups Survey 228

PYMNTS

SEPTEMBER 12, 2018

Today, Simpson believes it’s easier than ever before to build a brand online with tools like Instagram and Facebook. Fixers seeks to be part of this movement by helping entrepreneurs share their passions through experiences, much like Etsy opened the door to craftspeople showcasing their work online. Targeted Experiences.

Millennials 108

Millennials Customer Experience Online Course 108

PYMNTS

JULY 16, 2019

Streaming is by far the most common subscription service (70 percent), while online games (30.6 The online gaming market is valued at approximately $15.3 The online gaming market is valued at approximately $15.3 That’s more than twice the spending of bridge millennials ($4.2 percent) and online gaming (83.3

Millennials 141

Millennials eBook Online Study 141

PYMNTS

APRIL 29, 2019

Dozens of sites and services enable customers to book stays online in their local currencies, making them particularly appealing for millennials seeking cheap accommodations. Homesharing platforms are also competing for young consumers’ attentions – millennials make up approximately 60 percent of Airbnb’s guests, for instance.

Payments 100

Payments Millennials Maine Industry 100

PYMNTS

MAY 23, 2019

While many of these customers belong to the millennial and Gen Z age groups, and prefer to communicate via text or Messenger, companies in the sharing economy still need to maintain familiar channels, like contact lines, to satisfy older customers. Kiwi.com on How Payments are Affecting the Travel Industry. About the Playbook.

Innovation 157

Innovation Case Study Regulation Payments 157

PYMNTS

JUNE 5, 2018

Prettier pictures lead to more sales for airlines — that’s the philosophy behind a growing bookings system that offers what Reuters called on Tuesday (June 5) a “more engaging visual approach to marketing” of tickets. carriers, and, of that, almost 100 percent is from baggage charges and booking changes.”.

Millennials 100

Millennials System Trends Marketing 100

PYMNTS

AUGUST 9, 2019

Not only that, the report said, but “some flights google.com/travel will reveal what the price would have been if the flight had been booked months in advance and whether an increase (or decrease) in fare is imminent. Contextual Commerce. Who doesn’t like an expedited experience?” Habibi asked. I’m happily surprised.”. Travel Trends.

Google 144

Google New York social media Retail 144

PYMNTS

MARCH 14, 2017

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Additionally, the grocery move will allow Amazon to better compete with local rival Flipkart, which also has its sights set on the online groceries, said Reuters.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

MARCH 17, 2020

Yet this assumption, according to Jason Polancich, CEO of Invoia , fails to take into account the millions of SMBs throughout rural America, where many business owners — even millennial entrepreneurs — simply aren’t interested in complex technological solutions. “They have a hard time using online banking.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles. Flexibility and Choice.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

AUGUST 5, 2020

In the last decade, automation technology has closed the gap between booking a business trip and filing an expense report for reimbursement, significantly easing friction for both employees and finance teams. The expense report has come a long way since the days of paper spreadsheets and stapled receipts. Merging Expenses With Procurement.

Cards 199

Cards Software Management Report 199

PYMNTS

AUGUST 15, 2019

In addition to helping customers save money, the app also aims to take on online booking sites such as Expedia and Orbitz , which Lalvani blames for slashing hoteliers’ profitability and triggering industry consolidation. “No Online travel agents’ margins are significant, and this is a way to play in that space.”.

social media 100

social media Chicago Millennials Online 100

PYMNTS

MAY 24, 2019

Older customers might prefer human interaction and want nothing to do with automated help , while millennials or Gen Z might want to solve their issues through chat windows powered by AI. When it comes to activities like travel booking, customer service can also encompass avoiding payment and security frictions for property owners and buyers.

Online 130

Online Millennials Payments Customer Experience 130

PYMNTS

MAY 26, 2017

One company that is innovating in the sports and recreation industry is Amilia, an online registration and membership management platform. The lack of payment innovation could increasingly become an issue as more millennials become parents and consider activities for their families.

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

SEPTEMBER 30, 2019

From home-sharing platforms to experiential marketplaces and hotel reservation sites, digital innovators are making it easier for consumers to book luxury travel and pay for their trips. Activities marketplace Fixers , for instance, sees millennials as their target market, as they tend to prefer experiences over things.

Payments 125

Payments Los Angeles Innovation Millennials 125

PYMNTS

JANUARY 21, 2020

(ARC), which says it “provides channel-agnostic tools and insights to help the global travel community connect, grow and thrive,” had taken a majority stake in nuTravel, described as a “leading developer of applications that provide airlines with online retailing solutions with enhanced features to support travel agency services.”.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

MARCH 13, 2018

Beyond online ordering and reservation booking, White plans to create a blog to feature restaurants. By 2022, the projected value of the online delivery market is set to be $55 billion , with the annual value of the pizza delivery industry alone at $7 billion. On the restaurants’ end, commissions can be steep.

Ohio 134

Ohio Millennials Mobile Video 134

PYMNTS

JUNE 14, 2018

Modern consumers — millennials, in particular — couldn’t care less about receiving fine china, crystal stemware or other knickknacks as wedding gifts. This shift has allowed wedding registry platforms to see the revenue opportunity, and they are now working to help satiate millennial consumers’ desires for experiential giving.

Cards 102

Cards Millennials Trends Online 102

PYMNTS

JUNE 5, 2018

When most people consider a “buy online, pick up in store” arrangement, they’ve already made the purchase when they arrive to collect their item. Millennials don’t see distinctions between fashion, music, content and commerce,” said Krishna Nikhil, SSENSE’s chief merchandising officer told The Wall Street Journal ( WSJ ).

Branding 116

Branding Millennials Retail Online 116

PYMNTS

DECEMBER 28, 2018

When it comes to retail, recollections seem likely to linger upon the ongoing (and significant) growth in eCommerce, the developing relationship between online and physical stores, a big boost in apparel sales, and the role of mobile in the journey from browsing to purchase. Online shopping grew 19.1 Apparel booked a 7.9

Retail 156

Retail Trends Course Online 156