PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

NOVEMBER 17, 2020

Moreover, demographics seem to make something of a difference in subscription enthusiasm, particularly among the highly coveted “bridge millennial” demographic. That consumer group is already incredibly enamored with Amazon Prime, which has an incredible lead with both bridge millennials and the millennial category of shoppers as a whole.

Millennials 190

Millennials Comparison Retail Groups 190

PYMNTS

JULY 19, 2018

Amazon Go and other projects are also striving to win partners and consumers, and transform one of the few areas of retail that still seems very 20th century. That transformation will rely, in large part, on younger shoppers such as millennials, said Rambus Chief Technology Officer Chakib Bouda during a recent interview with PYMNTS.

Millennials 102

Millennials Mobile Retail Technology 102

PYMNTS

DECEMBER 1, 2020

A new survey of Black Friday shoppers from PYMNTS showed the Seattle retailing giant dominated its rivals in the traditional post-Thanksgiving holiday season kickoff. By comparison, Walmart.com’s income breakdown was much more even, with 44 percent in the top and bottom brackets and 41 percent in the middle. percent, Costco at 10.5

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

SEPTEMBER 19, 2018

Millennials and younger portions of the population are now turning to convenient, customizable and healthy fare in search of sustenance that fits into their daily hustles. American dining habits are changing, and so is how consumers spend money on food.

Comparison 108

Comparison America Millennials Data 108

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

PYMNTS

JANUARY 11, 2021

For grocery workers, who are deemed in the “essential” retail category, relief has been slow in coming. Gig workers, according to the data, are majority millennials and bridge millennials, though that is shifting as the gig economy becomes more popular among demographic sets and Generation Z consumers are increasingly coming of age.

Millennials 154

Millennials Los Angeles Sacramento New York City 154

PYMNTS

APRIL 3, 2019

Do millennials cook? One study indicates that the answer is not really — millennials cook two fewer meals per week than their baby boomer counterparts and choose pre-packaged/pre-prepared foods 18 percent of the time, compared to 5 percent for baby boomers. But the data is a bit more complicated that this.

Millennials 130

Millennials Study Austin Comparison 130

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. According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history.

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

DECEMBER 4, 2019

The company, which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. By way of comparison, Charles Schwab is in the process of acquiring TD Ameritrade ; together, they serve about 24 million clients. It quickly expanded to one million subscribers in 2016 and six million by October of 2018.

Comparison 130

Comparison Capital cryptocurrency Millennials 130

PYMNTS

MARCH 2, 2018

Cash back programs are nothing new for financial institutions (FIs), but the banking industry may be well-served to take a few cues from the masters of rewards: retailers. For millennials, these cards simply don’t induce the same debt-based anxieties as credit cards. By comparison, just 20 percent cited death as a top fear.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

JANUARY 20, 2021

Bridge millennials expressed the highest levels of concern, with 44.1 percent of millennials and 37.4 Baby Boomers and seniors were, by comparison, the least worried, with just 32.9 percent of millennials and 24.7 percent of consumers who have shifted to digital for retail product shopping, 46.2

Millennials 179

Millennials Data Survey Seattle 179

PYMNTS

JULY 20, 2017

The numbers move down to 74 percent of millennials, 58 percent of Generation X and 41 percent of baby boomers whose purchases are influenced by social media. By comparison, older shoppers such as baby boomers (38 percent) and Gen Xers (44 percent) look to Facebook for shopping influences.

social media 110

social media Comparison Millennials Marketing 110

PYMNTS

FEBRUARY 25, 2019

The retailer is inviting specialty and national brands alike to offer items online, CNBC reported. By comparison, the hurdles to become a third-party seller are lower on Amazon and Walmart; on those sites, sellers ask for approval to sell through an application.

Branding 101

Branding Comparison Millennials Retail 101

PYMNTS

JUNE 12, 2019

OfferUp Senior Manager of Business Development Daniel Azoulai said in an announcement for the partnership, “More than half of OfferUp’s 44 million annual users are millennials, and as our most engaged customers, are incredibly aware of their impact on the planet and the value of recommerce.” Price Comparison Shopping.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

MAY 28, 2019

Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018. Mallzee created a digital mall where consumers can compare many different retail brands. The FBI notes that IC3 took in 351,936 complaints last year, with a daily average of more than 900.

Apple 159

Apple Mobile Fraud United States 159

PYMNTS

OCTOBER 13, 2016

Since Walmart is the nation’s largest retailer, operating more than 11,000 stores globally and 4,300 in the U.S. alone, and takes in about $480 billion in sales annually, the insight into the retail giant’s average customer is particularly interesting and comes about thanks to Kantar Retail , a retail analytics and consulting firm.

Retail 100

Retail Comparison Millennials Analytics 100

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

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

DECEMBER 9, 2020

In comparison, nearly a third of millennials and bridge millennials (those born between 1979 and 1988) express the same level of interest in getting vaccinated.”. “Interest is particularly high among older generations, with 46.5 percent of baby boomers and seniors very or extremely likely to get vaccinated,” PYMNTS found. “In

Branding 148

Branding Data Study Millennials 148

PYMNTS

AUGUST 6, 2018

When Indochino made the transition from a digital-only to an omnichannel retailer, for example, the Canadian fashion brand opted to open smaller stores called showrooms, where customers can shop for made-to-order formalwear. By comparison, he said retailers typically have a two- to three-year payback window.

Branding 119

Branding Examples Retail Comparison 119

PYMNTS

JULY 11, 2019

If the company receives a parcel back minus a particular style the company delivered to the customer, it automatically charges her for that item at a discounted price that August says is up to 80 percent off of retail. By comparison, August says a lot of her competitors have more conservative and staple pieces. The Market.

Maine 129

Maine Comparison Millennials Innovation 129

PYMNTS

NOVEMBER 3, 2016

The average shopper — retail’s favorite concept. And arguably, in the age of digital retail, omnichannel and an ever-proliferating number of places that consumers can close the deal, so to speak, the search for an average consumer is something of a lost cause. So, what does this all mean for Target?

Meeting 100

Meeting San Francisco Millennials Retail 100

PYMNTS

JANUARY 25, 2021

By comparison, Netflix's 75 million U.S. Specifically, he said the typical gamer is a digitally native Gen Z or millennial, age 14 up to the late twenties, and belongs to a market that is evenly split between Asia and the West, noting that China’s eSports industry is currently the most advanced in the world. A Hard-To-Reach Audience.

Video 197

Video Branding Comparison Industry 197

PYMNTS

APRIL 22, 2016

Particularly favored as a potential marriage that makes sense is a pairing of Acorns with Venmo, since they share a target audience of millennials with a mobile-friendly outlook. And with millennials as its targeted audience, there’s still room for mighty oaks to grow. But then, Acorns has only been “growing” for 20 months.

San Jose 100

San Jose Mobile Retail Survey 100

PYMNTS

SEPTEMBER 20, 2018

Almost half – 43 percent of high-income millennials – said they would be more likely to visit a gas station if its app offered them convenience, loyalty and savings, according to the PYMNTS Paying At The Pump report. How are gas apps from both gas stations and comparison services tapping into this demographic, along with the overall market?

Mobile 140

Mobile Payments Google Millennials 140

PYMNTS

MAY 19, 2017

But while more people opt for mobile and online channels than ever, traditional brick-and-mortar retail hasn’t vanished. In fact, new industry research indicates that 70 percent of consumers still value physical retail stores. Social platforms also reach millennials and other younger consumers who may not be influenced by TV ads. “A

social media 100

social media Branding Retail Online 100

NCR

JUNE 20, 2016

With an aging demographic, that target audience is now being taken over by the Millennial marketplace – and as you know, when it comes to business, its evolve or face extinction. So who are these Millennials, and how do you reach them? In placing Millennials into a bucket, first we must define this target audience.

Millennials 40

Millennials social media Guidelines Branding 40

PYMNTS

JULY 6, 2018

Marketplaces such as Glamping Hub see that glamping is popular with two segments in particular: baby boomers and millennials. Another segment, millennials, are looking for unique destinations that can lend themselves to Instagram and other social media channels. The Great Outdoors.

Millennials 100

Millennials social media Comparison Maine 100

PYMNTS

JULY 18, 2018

The company works with mid-cap to large enterprise companies in services industries, including healthcare, retail, hospitality, call centers and more. He likened the wage service to health insurance, drawing a comparison to the variability and need-based nature in how people access this on-demand capability. The Product. Future Appeal.

Payments 103

Payments Tools Millennials Industry 103

PYMNTS

JUNE 7, 2016

McDonald’s by comparison has almost 15,000 U.S. Eighty-two percent of millennial parents say they would do almost anything to avoid long lines at fast food restaurants when they are with their children,” the company noted in the press release announcing the launch of the app. There are a little over 2,000 Chic-fil-As in the U.S.,

Millennials 100

Millennials Mobile social media Comparison 100

PYMNTS

APRIL 22, 2020

Executive-level workers have taken salary hits in the real estate, retail, media, logistics and even medical services industries as firms scramble to respond to radically and suddenly reduced revenues are moving to quickly scale back compensation packages of all sizes. In comparison, 16.1 Almost a third (32.1

Survey 147

Survey Guidelines Report Comparison 147

PYMNTS

OCTOBER 27, 2017

Millennials and recent college graduates often don’t even have a credit card, Burkhart said, so the thought of purchasing a car fills them with trepidation. It’s not just about reaching millennials, said Burkhart. “The subscription lowers the bar for aspirational customers to get in the seat of a Porsche and to get hooked.”.

Millennials 104

Millennials Industry Resources Branding 104

PYMNTS

OCTOBER 10, 2017

Among millennials, it is not uncommon to hear people joke about how they should just stop buying produce altogether, especially since they never use it up before it goes bad – and this is the generation that’s supposedly all about saving the planet, reducing waste and living frugally, whether by choice or necessity.

Innovation 100

Innovation Boston New York Comparison 100

PYMNTS

DECEMBER 24, 2019

By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. The How We Will Pay study found that bridge millennials — a highly educated consumer segment that tends to earn relatively high incomes — own an average of six connected devices.

Cards 160

Cards Payments Study Examples 160

PYMNTS

DECEMBER 24, 2018

Text messaging, social media, Pinterest and memes have all been offered up as avatars of destruction — and the general consensus seems to be that the death of conversation is a direct result of the digital age and probably has something to do with millennials. The art of conversation is far from dead.

Data 151

Data Payments System social media 151

PYMNTS

JUNE 10, 2017

Carnicelli also noted that consumers book travel and comparison shop using digital and mobile channels to a much greater extent than ever before — and that conventional wisdom around travel bookings has changed.

Branding 123

Branding Comparison Report Washington 123