PYMNTS

JULY 17, 2018

When one tries to Google the phrase “millennials and mortgages,” something curious happens. Two different – and in some cases, mutually exclusive sounding – accounts of millennials and their home-buying habits, or lack thereof, emerge. Those consumers are buying houses, and are a driving force in some markets.

Millennials 131

Millennials Payments Metro Marketing 131

PYMNTS

DECEMBER 3, 2020

Yet, the two most connected consumer groups — bridge millennials and superconnected consumers — have changed their habits the most. Both bridge millennials and superconnected consumers own more connected devices than the average consumer and are considered to be on the cutting edge of digital adoption.

Millennials 211

Millennials Groups Study Retail 211

PYMNTS

JULY 29, 2019

Baumgarten spent eight months hitting the global insurance market to learn everything she could about the top claim reasons for recreational boating. When it comes to the company’s market, Baumgarten says one of its fastest-growing segments are GenXers and millennials. sandbar hopping?). This is a game changer,” Baumgarten said.

Course 121

Course Millennials Miami United States 121

PYMNTS

MAY 26, 2017

Millennials are never, ever going to buy homes. Why millennials are never going to buy homes is more of a jump ball. According to the National Federation of Retailers, 81 percent of millennials report at least aspiring to homeowners as hip, even if they aren’t there yet.

Millennials 109

Millennials Marketing Data Taxes 109

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

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. In its effort to do so, Gravy doesn’t seek to make money selling the actual goods — it seeks to market the actual stage.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

MAY 23, 2018

For all the press about how millennials are the future of commerce, there is one big and rather problematic roadblock in that narrative. Millennials are kind of broke – and they might always be. While other generational groups also lost ground during the Great Recession, millennials as a group have largely missed the recovery.

Millennials 109

Millennials St. Louis Study Groups 109

PYMNTS

SEPTEMBER 27, 2017

Housing market experts predicted that other builders are likely to unveil similar programs to attract more first-time buyers. Obviously, there’s a benefit to bringing more people into the home buying market,” said Doug Cropsey, a senior vice president at Eagle. Of course, a program like Eagle Home’s can come with risks.

Millennials 103

Millennials Miami New York America 103

PYMNTS

NOVEMBER 1, 2016

This is also the case for the drinking habits of millennials vs. baby boomers. According to PYMNTS research, millennials of drinking age drank 42 percent of the wine that was drunk in 2015, with the average millennial downing just over three glasses in a sitting. Either way, millennials want their beverages to speak to them.

Millennials 100

Millennials Trends Survey Course 100

PYMNTS

JULY 13, 2018

It has made the millennial generation of women — either entering or settling into their prime spending years — something of a unique class of citizens when it comes to financial services. Millennial women are evolving into very [a] different relationship with money,” said Reilly. I think we are at a tipping point.

Millennials 111

Millennials Tools Connecticut Study 111

PYMNTS

NOVEMBER 17, 2017

Among millennials, that number drops below 30 percent. Millennials don’t have credit cards because they don’t have FICO scores, or at least not the kind of FICO scores that inspire issuers. “If Paradis thinks that’s bad for millennials — many don’t agree — and the merchants who want their business.

Millennials 104

Millennials Cards Lending Payments 104

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

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

NOVEMBER 13, 2020

And the food delivery space, of course, is nothing if not competitive. 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. The company implies that the greenfield opportunity is considerable.

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Course Millennials Operations Survey 244

PYMNTS

DECEMBER 16, 2019

Following a formidable start for its “ buy now, pay later ” service in the United States, Klarna intends to roll out in Australia and other markets next year. The course has been popular with millennials who have a preference for debit cards over credit cards.

Marketing 132

Marketing United States Millennials Fintech 132

PYMNTS

APRIL 7, 2020

market for retail credit was largely occupied by store-branded cards and revolving credit accounts. But as millennials’ and Gen Z consumers’ enthusiasm for store cards has cooled, a host of startups have stepped into the market to offer installment financing at the point of sale (POS) as an alternative product. “We’re

Marketing 138

Marketing Branding Millennials Retail 138

PYMNTS

FEBRUARY 13, 2020

However, the branch experience does need to evolve, he noted, as FIs see their own customer demographics shift toward younger, tech-savvy millennials. Conventional wisdom may hold that millennials want a purely self-service experience when it comes to their financial lives. As Brown said, “In markets such as the EU and the U.K.,

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

FEBRUARY 19, 2020

There are the classics, of course – Jenny Craig, Nutrisystem and the segment’s reigning champion, Weight Watchers , which brings in roughly $1.5 But the market is changing and new players are entering – most notably Noom , a subscription weight management and fitness program that has been dubbed “Weight Watchers for millennials.”.

Marketing 131

Marketing Exercises Course Big Data 131

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.

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Survey Maine New York Millennials 227

PYMNTS

DECEMBER 26, 2018

At the same time, Cellulant said her products appeal to millennials who spend a lot of time on social media. In fact, the brand’s target market is millennial women between the ages of 20 and 37 with disposable income who live in an urban area.

social media 180

social media Payments Millennials Regional 180

PYMNTS

DECEMBER 24, 2020

And, of course, 2020 was the year that proved everyone’s predictions wrong (except Webster’s, actually, who predicted a banner year for the connected economy and ended up being more spot on than she could have realized at the time). Which may explain why many predictions are wishy-washy or soon proved wrong,” she noted. The Expert Opinions

Millennials 206

Millennials Retail Course Report 206

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

JUNE 29, 2020

Zogo is an app-based financial education tool that Li described as something like a Rosetta Stone language course, except for personal finance. So, Zogo designed its modules to attract Generation Z and millennial users for whom the promise of a more stable retirement in 40 years isn’t much of a motivator. Gamifying Financial Education.

Millennials 263

Millennials Taxes Cards Fintech 263

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

JANUARY 27, 2020

Soft drinks can be plenty refreshing, but they come packed with all kinds of artificial flavors, coloring and, of course, sugar. I’ve always been in trading and markets, and I have always been a trend follower,” O’Grady said.

Louisville 131

Louisville Marketing National Millennials 131

PYMNTS

JANUARY 20, 2020

That’s understandable, given how viciously email, texting and other forms of digital and mobile communication have displaced actual writing — which, of course, would seem to reduce the need for actual stationery products. Millennials to the Rescue. The move has much more to do with the decline of handwriting, of course.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

JANUARY 31, 2018

Detractors can slow progress, of course, but stopping or reversing the trend seems unlikely. Which means the team at Eaze is ready to innovate for the next phase of the market: when cannabis becomes just like any other consumer good. We’re investing the money now in what’s clearly going to be a very big market.”.

Marketing 110

Marketing California Millennials Branding 110

PYMNTS

AUGUST 20, 2019

And the conventional wisdom on alternative lending comes in for a gut check as more merchants learn how to reverse the course on subscription churn. Data: $800 billion+: Market cap of Google parent Alphabet. percent: Share of millennials who use mobile apps most frequently for planning in-store purchases.

Payments 130

Payments Millennials Google Lending 130

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. As retailers work to market to the coveted Generation Z demographic, they must [employ] modern methods to attract younger shoppers.”.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

MARCH 3, 2020

That’s, of course, the strategy of a Morgan Stanley, or of a Goldman Sachs, where Marcus is a conduit to moving “downmarket” toward consumer deposits and checking. Infrastructure makes a difference here, too, of course. The problem is when transparency is lacking, and trust is fragile, especially when it comes to millennials.

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Course System Millennials ATM 187

PYMNTS

MARCH 8, 2017

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. While on the other side of the coin, there are millennials who like to go out in groups, with budgets that may be more restricted but with time to go out more frequently. Or is it a mix?

Millennials 101

Millennials Boston social media Groups 101

PYMNTS

JANUARY 27, 2020

In fact, interest in such games “has soared in the past year, with some companies aggressively targeting collectors from more established markets,” according to the report. No doubt millennials will be blamed for some of this, as they have been scapegoated for the decline of diamonds and certain fast-casual restaurant chains.

Video 226

Video Trends New York Report 226

PYMNTS

JULY 25, 2018

The good stuff, of course, is out there too – gleaming, sharp, custom-colored and absolutely ready to go. But the price tag on it is a cool $2,000 (on sale), and so for whatever wonders it is capable of as cutlery, the market for it is fairly narrow. It’s not hard to find good kitchenware, as there is plenty of it.

Millennials 100

Millennials Tools Examples US 100

PYMNTS

JANUARY 9, 2019

When talking about advances in home automation and artificial intelligence (AI)-guided systems for consumers, the conversation has a natural tendency to drift toward younger consumers, particularly millennials. The tech required to build that as a general market product, he noted, isn’t quite there yet. By Cherry, of course.

Millennials 244

Millennials Video System Technology 244

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. It’s easy to overestimate millennials’ engagement with technology,” he said. percent, reaching $124.1 26 to hit $7.7 billion, up 17.6 Holiday Edge.

Retail 179

Retail United States Millennials Study 179

PYMNTS

JULY 25, 2019

The Tracker also examines how these technologies are beginning to be used in new markets like South Africa and India. An increasing number of banks are expanding to new markets in an effort to grow their customer base. Of course, mobile and digital technologies aren’t always enough to ensure consumer loyalty.

Digital Banking 176

Digital Banking Innovation Fraud United States 176

PYMNTS

DECEMBER 30, 2020

College-educated shoppers also outpace those with only high-school degrees or less, while bridge millennials, millennials and Generation Zers expressed greater interest than Gen-X and Baby Boomers did. Of course, plenty of digitally native firms have focused on D2C from day one rather than pivoting to that after COVID-19 hit.

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Branding Millennials Retail social media 257