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. For more stories on these and other BNPL headlines, read the Tracker’s News and Trends.

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

DECEMBER 5, 2019

In addition, according to the study, affordability will be key, which will be a benefit for mid-sized markets. The market is still years away from reaching an adequate supply of homes to meet today’s demand from buyers. The broad price moderation will continue to offer opportunities in mid-sized markets in the Midwest and South.”.

Millennials 137

Millennials Nevada Arizona Georgia 137

Perficient

FEBRUARY 18, 2021

That said, many lessons can be learned by looking across various industries for best practices around understanding the customer journey, engaging brand experiences, and Millennial and Gen Z customer acquisition and servicing. The approach we took, and you’ll see in the presentation, are real-world examples of digital trends.

Digital Strategies 383

Digital Strategies Strategy Industry Case Study 383

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

OCTOBER 1, 2020

The data also demonstrated that payors tend to underestimate the instant payments demand in the market, believing that more than two-thirds of their payees will continue working with them in the absence of instant payment offerings. Fast Fact No. 4: Receivers value instant payouts enough that they are willing to pay to get paid that way.

Trends 306

Trends Study Taxes Payments 306

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

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. Gen Z Trends. Millennials still have a lot of influence in retail but don’t turn your back on Generation Z. That’s not all.

Retail 148

Retail Trends Millennials Survey 148

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. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.

Millennials 131

Millennials social media Mobile Payments 131

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

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

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

PYMNTS

APRIL 24, 2019

As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. Putting this into practice would call into question whether or not Airbnb could operate in several state markets — a win for hotels. Around the Payments and the Platform Economy.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

MARCH 16, 2018

It seems that retailers and marketers don’t. With marketers clamoring to attract the fleeting attention of millennial and Gen Z shoppers, the older demographic (roughly between the ages of 53 and 71) is often overlooked. Nor should they assume that millennial-focused ads will trigger boomers’ desire for perennial youth.

Millennials 108

Millennials Retail Mobile Branding 108

PYMNTS

DECEMBER 30, 2020

The trend toward BNPL solutions is particularly notable among certain consumers groups. The December edition of the Buy Now, Pay Later Tracker® explores how consumers’ shifts toward using BNPL solutions in stores and online accelerated during the holiday shopping season, as well as how this trend is poised to grow in the year ahead.

Payments 276

Payments Trends Millennials United States 276

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As Even so, Amazon has been steadily moving into the business-to-business market via Amazon Business. B2B Gets Younger.

Millennials 134

Millennials Trends Analysis System 134

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 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

NOVEMBER 27, 2017

It’s time to shift gears when it comes to a commonly held perception about millennials and vehicle ownership. After years of believing millennials were disavowing the practice, recent studies indicate the millennial generation is kicking the tires on the concept of owning or leasing their own set of wheels after all.

Trends 120

Trends Mobile Millennials Payments 120

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. To learn more about these and other stories, visit the Playbook’s News & Trends section.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

MARCH 20, 2018

But recently, lawmakers from opposite sides of the aisle came together on an initiative aimed at helping the credit union market. To find more on these stories and other headlines from around the CU space, check out the Tracker’s News and Trends section. Helping CUs Engage and Retain Millennial Talent . About the Tracker.

Millennials 110

Millennials Report Community National 110

PYMNTS

MARCH 8, 2019

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. The pace might hint at a long-term trend that would see, we would wager, a glut if it doesn’t pick up. Millennials surpassed Generation X in terms of home-buying via dollars spent at the end of last year.

Millennials 109

Millennials Taxes Lending Marketing 109

PYMNTS

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As Even so, Amazon has been steadily moving into the business-to-business market via Amazon Business. B2B Gets Younger.

Millennials 135

Millennials Trends Analysis System 135

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

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

NOVEMBER 29, 2016

There seems to be no shortage of ways the millennial workforce is disrupting the status quo. The same goes for corporate travel, with millennial professionals turning to mobile and virtual services to book travel, manage expenses and ensure a smooth business trip. Sharing Economy.

Millennials 100

Millennials Management Policies Survey 100

PYMNTS

MAY 2, 2019

The payment company said research shows millennials are spending the most on groceries, streaming and commuting. Because this card focuses on everyday spending like groceries, transit, gas and streaming services, its target market is very wide,” said CreditCards.com Analyst Ted Rossman in an email to PYMNTS.

Millennials 111

Millennials Cards Lending Industry 111

PYMNTS

AUGUST 6, 2019

The point is that when it comes to wedding planning — especially those put together by millennials, who are finally coming into their own as important consumers — there is always a better way to go about things. It’s not like we created the trend,” he said.

Millennials 120

Millennials Massachusetts Trends Technology 120

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

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

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Companies like Afterpay , Affirm , Klarna and even the newly combined Rent-A-Center and Acima are participating in the explosion of this trend. Buy Now, Pay Later.

Payments 260

Payments Millennials Survey Trends 260

Accenture: Banking

APRIL 26, 2017

Given that this trend is coinciding in with an ongoing shift by younger consumers towards more innovative channels—the likes of wearables, social media and instant messaging—it’s possible that the continued strong usage of branches is a transitory effect. What’s more, this desire isn’t limited to older people. Stay tuned. [1-5]

Millennials 277

Millennials social media Innovation Study 277

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

Jeff For Banks

APRIL 4, 2024

These were up-and-coming bankers, the future leaders of our industry, identifying industry trends that will have the greatest impact on their bank, in no particular order. But not until $1 trillion went from banking to money markets. Now the oldest millennial is 43 (see table by Statista). Cost of funds is leveling off now.

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

PYMNTS

AUGUST 23, 2019

Adyen Gains Traction With Mid-Market Firms. Dutch payments processor Adyen showed significant double digit, first half gains, driven by online commerce and global business from mid market firms. So far, Amazon has invested more than $6 billion in India’s growing internet market.

Marketing 116

Marketing Millennials Payments Compliance 116

PYMNTS

JUNE 21, 2018

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. In addition, these spaces provide restaurants and bars so consumers can grab a bite or enjoy a drink as they shop for the latest trends.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109