PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

Millennials 153

Millennials Study Groups Survey 153

PYMNTS

APRIL 24, 2020

As COVID-19 started to impact the housing markets during a wind-down in mid-March, new home sales in the United States plummeted 15.4 percent sales drop in February, per the Commerce Department, the Associated Press reported. However, he noted that the forecast for the housing space should get better as the virus’ impact is reduced.

Marketing 199

Marketing US United States Millennials 199

PYMNTS

FEBRUARY 28, 2020

He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

Bank Innovation

OCTOBER 22, 2018

Thanks to a large unbanked population and growing importance of the millennial customer, the digital-first bank business model is spreading not just in developed economies but also emerging markets like those in Asia.

Report 150

Report Millennials Community Marketing 150

PYMNTS

JANUARY 8, 2021

Robinhood ’s platform is popular with amateur retail investors, particularly millennials and Gen-Zers. CNBC reported that the Silicon Valley startup has raised more than $1 billion in funding this year. Robinhood is considering selling shares directly to its users if it opts to hold an initial public offering (IPO).

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

AUGUST 25, 2019

The fashionistas posting on Facebook have the attention of Kohl’s , which is looking to create a curated clothing line based on the brands people are wearing most, the Motley Fool reported Sunday (Aug. Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool.

Millennials 133

Millennials Data social media Branding 133

PYMNTS

SEPTEMBER 30, 2020

Luxury retailers are also targeting millennial and Generation Z consumers to expand their customer bases, with one report showing that millennials accounted for 35 percent of high-end retail purchases, for example. Australia-based installment payment provider Afterpay , for example, has seen its revenues hit $3.8

Payments 279

Payments Millennials Retail Trends 279

Perficient

FEBRUARY 9, 2021

In marketing and design circles we often measure success in terms of meeting customer expectations. Prior experience, advertising, word-of-mouth marketing, digital interactions and belief in future value to be delivered are just a few of the factors that influence expectations, as we’ll soon see. Signals that Shape Desire. What’s Next?

Meeting 309

Meeting Customer Experience Millennials Branding 309

Perficient

FEBRUARY 10, 2021

Here are four techniques you should include as part of your healthcare marketing efforts to reach older patients: 1. According to a 2021 Statistica report, 73% of adults over 65 are active internet users. Create a rollout plan that considers your older patients. How are you reaching them?

New York City 484

New York City social media Community System 484

Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today.

Retail 170

Retail Millennials Marketing Strategies Strategy 170

PYMNTS

DECEMBER 17, 2019

Part the push for B2B personalization comes from the fact that many B2B participants are simply getting younger, and are bringing their desires and expectations for personalization into the B2B realm, at least according to one report. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As

Millennials 134

Millennials Analysis Trends System 134

South State Correspondent

JULY 11, 2022

Email is one of the most effective bank marketing channels available. Using AI for bank email marketing can get you a 2% to 13%+ lift, or improvement, depending on the technique. In this article, we give you our top five lessons to inspire your bank to adopt AI in marketing or leverage our data to improve your effort.

Marketing 195

Marketing Data social media Groups 195

PYMNTS

JANUARY 28, 2021

It will likely alter global markets and regulations as the financial ecosystem becomes more digitized. PSCU reported that the hike in mobile wallet credit purchases among its CUs’ members was nearly 48 percent by August 2020, while mobile wallet debit purchases climbed 22 percent during the same period.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

SEPTEMBER 11, 2019

As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually. As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The age of personalized service is upon us. Beyond Asia.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

NOVEMBER 26, 2018

percent of consumers, this customer base may represent a marketing opportunity for C-stores. According to Thorntons, the ability to provide consumers with a loyalty-focused mobile solution has “changed the game for our marketing efforts.”. While apps are used for gas station payments by only 4.5

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

DECEMBER 1, 2020

The metric could be especially telling when Amazon reports its Q4 earnings as well as show continuing momentum for Amazon. 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 That dropped to 44.4 percent). percent.

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

JANUARY 12, 2021

Banks and lenders wishing to gain consumers’ trust in the current market must familiarize themselves with what these consumers want and expect from the process, particularly when it comes to disbursements. Instant Payments and the Millennial Push. The Disbursements Expectation Catch.

Millennials 239

Millennials Payments Lending Study 239

PYMNTS

DECEMBER 14, 2020

The Wall Street Journal cited unnamed sources over the weekend as saying that Affirm decided to push its IPO off until at least January, apparently to let markets calm down and avoid the massive first-day “pops” Airbnb and DoorDash recently saw. Some market watchers attribute the gains to what’s called the “Robinhood Effect.”.

Marketing 161

Marketing Millennials Company Report 161

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. “We use the car analogy a lot,” Hutchison said.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Robinhood ($20 Billion+) .

Marketing 198

Marketing Company Online Report 198

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. Brands like Town Sports and 24 Hour Fitness have to deal with constant turnover from customers as well as loans that are sold with 20 percent discounts.

Marketing 140

Marketing Branding Millennials Groups 140

PYMNTS

DECEMBER 17, 2019

Part the push for B2B personalization comes from the fact that many B2B participants are simply getting younger, and are bringing their desires and expectations for personalization into the B2B realm, at least according to one report. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As

Millennials 135

Millennials Analysis Trends System 135

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

JULY 23, 2020

It found that millennials and Generation Z consumers are seeking installment payment options and that the latter are especially wary of debt. Leveraging BNPL methods to assist customers and bolster their marketing efforts can help retailers better compete in today’s market. In this month’s Feature Story, Rocky D.

Payments 181

Payments Report Retail Millennials 181

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. And, boy, have things changed.

Millennials 212

Millennials Study Payments Data 212

BankBazaar

JANUARY 9, 2020

Looking for trends in India’s personal finance market? Let’s take stock of the key insights garnered from the Moneymood 2020 report presented by BankBazaar. BankBazaar , India’s leading online marketplace for financial products has launched the second edition of the BankBazaar Moneymood ® 2020 report.

Report 136

Report Metro Cards Trends 136

PYMNTS

NOVEMBER 9, 2020

“Having digital payment options is even more important to bridge millennials, millennials and members of Generation Z than to the average consumer — and far more important than it is to either Generation X consumers or baby boomers and seniors,” notes the PYMNTS How We Will Shop Report , a collaboration with PayPal.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

DECEMBER 14, 2020

customers, he said Afterpay has become as much of a marketing channel for its retail partners as it is a financing tool. Furthermore, Molnar said that Afterpay’s gross losses over the past 12 months were 1 percent, which is significantly lower than the credit card market, and the company’s average transaction size is only $150.

US 322

US Retail Cards Millennials 322

PYMNTS

NOVEMBER 30, 2020

market for food delivery. DoorDash wrote in its S-1 that “58 percent of all adults and 70 percent of millennials say that they are more likely to have restaurant food delivered than they were two years ago, and we believe the COVID-19 pandemic has further accelerated these trends.”. population. …

US 181

US Marketing Trends Millennials 181

PYMNTS

DECEMBER 8, 2020

Robinhood Markets , the popular stock trading app, is working with Goldman Sachs for its initial public offering (IPO) preparations, which could value the company at $20 billion, Reuters reported. The IPO could come out next year, Reuters reported, citing sources, who also said the exact timing would be subject to market conditions.

Millennials 174

Millennials Marketing Capital Analytics 174

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. Brands like Town Sports and 24 Hour Fitness have to deal with constant turnover from customers as well as loans that are sold with 20 percent discounts.

Marketing 130

Marketing Branding Millennials Groups 130

PYMNTS

JANUARY 11, 2021

At $44 per share price, Affirm would have a valuation in excess of $10 billion, Reuters reported. The latest PYMNTS Buy Now, Pay Later Tracker indicated that the BNPL market has benefited from a pandemic-fueled interest in BNPL, especially among younger shoppers and older millennials. 30 was up substantially year over year.

Millennials 241

Millennials Industry Security Marketing 241

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

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

OCTOBER 8, 2018

The statistic , released from Mercator Advisory Group in its report, “Business Credit Cards and B2B Payments: Opportunity to Improve Market Penetration,” found millennial small-business owners are less likely than their older peers to use a business credit card, and more likely to use their personal card for business spend.

Millennials 197

Millennials Cards Survey Lending 197

PYMNTS

AUGUST 13, 2019

This can’t be interpreted as an oversight, considering a new PYMNTS report about “ everyday apps ” found that mobile users rarely make in-app payments. Just 12 percent report using a merchant’s app on their devices to make such payments, and only 11 percent say they rely on mobile wallets at brick-and-mortar locations.

Retail 181

Retail Millennials Mobile Payments 181

PYMNTS

DECEMBER 8, 2020

DoorDash is likely to price shares for its initial public offering (IPO) at $102 apiece, which would come out to a total of $39 billion, according to a report from The Wall Street Journal (WSJ). billion, WSJ reported. The price is above the $90 to $95 threshold DoorDash had been targeting, WSJ reported.

San Francisco 173

San Francisco Millennials Video Marketing 173