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

OCTOBER 31, 2017

Retailers are set to clean up this Halloween, as 2017 is looking to be a record-setter for consumer spending during the holiday. That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 billion, up 8.3 billion, up 8.3

Millennials 105

Millennials Retail Los Angeles Survey 105

Banking Exchange

OCTOBER 21, 2021

Almost every brand across industries is courting millennials and Generation Z consumers Retail Banking Technology Lines of Business Financial Trends Feature Customers Feature3 People Digital Mobile Tech Management Online Financial Research Fintech.

Millennials 78

Millennials Marketing Trends Branding 78

PYMNTS

FEBRUARY 11, 2020

Reynolds Group Holdings is actively working to court the millennial market , which has a particularly strong focus on convenience. For this reason, the firm has focused keenly on recipe integration in recent years — and, as it turns out, millennials are excellent recipe followers. All this, Today in Data.

Millennials 141

Millennials Groups Data Marketing 141

PYMNTS

DECEMBER 18, 2018

Millennials value experiences over things, as the familiar digital age adage goes, but sometimes millennials do, in fact, need actual things , such as sofas, beds and tables to furnish their apartments and houses. For starters, these retailers are turning to simple web interfaces that present information in a clear way.

Millennials 165

Millennials Branding Retail Strategy 165

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

Retail 132

Retail Marketing US Connecticut 132

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

SEPTEMBER 18, 2018

To get more millennials on board, the Bentonville, Arkansas-based retailer is rolling out offerings designed to attract younger, well-to-do consumes in urban areas. That service option ups the ante for speed and flexibility through Jet.com, as the retailer previously had a relatively early 9 a.m. cutoff for same-day deliveries.

Millennials 140

Millennials New York City New York Branding 140

PYMNTS

MARCH 13, 2017

As retailers across categories fawn over shares of millennial spending power, new insight from market research and analytics firm Slice Intelligence indicates that, in terms of apparel market sales, one online retailer appears to have already won the battle. percent of online apparel sales go to millennials.

Millennials 130

Millennials Retail Online Analytics 130

PYMNTS

SEPTEMBER 29, 2020

The retail ecosystem has been turned upside down over the past six months as changes big and small rippled through the segment worldwide in response to the pandemic. We see millennial and Gen Z customers absolutely shopping, and the brands that deeply understand them are growing at faster rates than they have ever grown before,” Molnar said.

Millennials 251

Millennials Retail Online Branding 251

Bank Innovation

DECEMBER 20, 2018

On the surface, a financial services marketing strategy is not completely different than a marketing strategy for any other industry. A financial services marketing strategy must be more rigorous and well-thought-out in order to be successful.

Marketing Strategies 170

Marketing Strategies Strategy Marketing Millennials 170

PYMNTS

JUNE 20, 2016

Retailers often treat millennials with mix of attraction and disdain that mirrors the “can’t live with them, can’t live without them” way of life. Whatever their opinions, any merchant worth its salt is already targeting millennial consumers full-blast to shore up their consumer base of the future.

Millennials 100

Millennials Retail Branding Comparison 100

PYMNTS

JUNE 20, 2016

Retailers often treat millennials with a mix of attraction and disdain that mirrors the “can’t live with them, can’t live without them” way of life. Whatever their opinions, any merchant worth its salt is already targeting millennial consumers to shore up their consumer base of the future.

Millennials 100

Millennials Retail Branding Comparison 100

PYMNTS

SEPTEMBER 11, 2018

Is there a secret sauce for merchants to capture the evolving millennial? One formula that offers engaging consumer experiences, and doesn’t insult the intelligence of millennials, is a combination of private-label debit and rewards or loyalty programs. Reaching Millennials. However, millennials care about more than price.

Millennials 115

Millennials Mobile Branding Samsung 115

PYMNTS

APRIL 9, 2019

Have millennials started starving a segment of commerce in a socially positive way? Added to the list of things millennials are killing — along with homeownership, the institution of marriage and diamond jewelry — is apparently alcohol. Folks in the millennial generation have maybe a better sense of balance. Data from U.S.

Millennials 147

Millennials North Carolina Trends Metro 147

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. That means the platform refers a substantial amount of business to the retailers with which it works.

Millennials 158

Millennials Retail Tools Branding 158

PYMNTS

AUGUST 23, 2019

Online marketplaces for everything from retail goods to travel services to hospitality need to ensure a quick and easy way for both buyers and sellers to transact with each other— or risk losing both sides to a waiting host of competitors. In other markets, the rise of marketplaces is giving old organizations new perspective.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. Kohl’s is following a retail movement to offer curated collections so shoppers can explore new trends. In another attempt to reach millennials, Kohl’s partnered with Popsugar to launch a clothing line last September.

Millennials 133

Millennials Data social media Branding 133

Bank Innovation

DECEMBER 18, 2018

Many financial institutions—especially small, community-focused ones—have limited marketing budgets. Today we’re discussing five keys to effective financial content marketing that can help your institution get plenty of bang for its buck. Invest in mobility Any millennial will […].

Marketing 170

Marketing Millennials Community Mobile 170

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. Take Target, for instance. Fast Fashion.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

AUGUST 13, 2019

Offering an app doesn’t a guarantee retailers popularity or loyalty, though. Much has been made about app fatigue, yet retailers keep launching them. With most mobile users storing five or fewer apps, there would appear to be little room for new merchant offerings to enter the market. Everyone uses retail apps to some degree.

Retail 181

Retail Millennials Mobile Payments 181

ABA Community Banking

AUGUST 27, 2024

Both in daily life and in school, millennial parents want to rear children who understand wants vs. needs. The post A role for banks: Helping millennials teach their kids about money appeared first on ABA Banking Journal.

Millennials 52

Millennials Community Bank Community Marketing 52

PYMNTS

APRIL 6, 2019

“It was meant to be a criticism of the art market, and I think it’s going to double the value of the work.”. Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. It’s a very fast-moving market.”. million, including fees.

Millennials 148

Millennials Marketing Trends New York 148

PYMNTS

MARCH 30, 2020

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Millennials to the Rescue.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

NOVEMBER 11, 2020

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. The BNPL market includes Klarna, Splitit, Openpay, FuturePay, Sezzle, Affirm, Quadpay, and others. It also teamed up with major retailers across the U.S.

Retail 222

Retail Charlotte Branding Millennials 222

PYMNTS

MARCH 17, 2020

eCommerce’s rise has only made designing retail showrooms more complex, however. Merchants need to bridge this gap as digital connectivity pushes the retail world’s boundaries. Companies need all the tools they can get to keep consumers engaged in the competitive retail environment. The Rise of Visual Search.

Retail 143

Retail Tools Millennials social media 143

Bank Innovation

DECEMBER 6, 2018

The face of banking and financial education has changed how we market in the course of a few short years. Digital media usage has nearly tripled since 2010, with the prevalence of smartphones responsible for more than 90% of this growth. Smartphones have become the device of choice for well over half of digital media […].

Millennials 170

Millennials Marketing Trends Mobile 170

PYMNTS

NOVEMBER 13, 2019

The third quarter of 2019 saw decreased revenue for meal kit subscription service Blue Apron, a company that is struggling to stay afloat in the increasingly saturated subscription commerce market. Retail Subscriptions Rank High in Spending. Streaming and online gaming subscribers run younger than consumer retail products subscribers.

Retail 100

Retail Millennials Online Survey 100

PYMNTS

NOVEMBER 13, 2019

The third quarter of 2019 saw decreased revenue for meal kit subscription service Blue Apron, a company that is struggling to stay afloat in the increasingly saturated subscription commerce market. Retail Subscriptions Rank High in Spending. Streaming and online gaming subscribers run younger than consumer retail products subscribers.

Retail 105

Retail Millennials Online Survey 105

PYMNTS

JANUARY 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

Millennials 128

Millennials Las Vegas New Jersey New York 128

PYMNTS

DECEMBER 23, 2019

Analysts say they are now employing methods, such as subscribing to retailers’ emails, so they can monitor sales, doorbuster deals and promotions. They’re counting the proportion or number of millennials and Generation Z shoppers at a store, and counting the number of Instagram-popular fashion brands in a store. Analysts say U.S.

Retail 131

Retail social media Millennials Analytics 131

PYMNTS

OCTOBER 10, 2018

Target is rolling out a new discount brand, dubbed Smartly, intended to appeal to millennials. The retailer noted that, for instance, fragrances were “developed in partnership with master perfumers.” And, while Target’s move made news this week, it’s not the first time that the retailer has rolled out private labels.

Millennials 133

Millennials Branding Training Retail 133

PYMNTS

MARCH 9, 2020

Retail frequently adapts well to the new technologies or tools consumers might be using to shop, but repricing goods to accommodate customers who are wary of overspending is often out of its reach. This is prompting retailers outside the luxury space to explore buy now, pay later (BNPL) options. Brands in Australia, the U.K.

Retail 131

Retail Millennials Cards Branding 131

PYMNTS

NOVEMBER 11, 2016

That’s why marketers will be leveraging mobile in their holiday shopping strategies this year, with new and creative strategies that focus more on omnichannel solutions and less on generic mobile coupons. Mobile coupons are still popular, especially among millennials. For millennials, that number is 90 percent.

Mobile 188

Mobile Marketing Survey Marketing Strategies 188

PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Not So Much About Tech As Marketing.

Millennials 101

Millennials social media Marketing Branding 101

PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households?

Millennials 186

Millennials Study Trends Marketing 186