PYMNTS

SEPTEMBER 30, 2020

Many consumers are shying away from physical stores, however, leaving these high-end merchants scrambling to develop strong online presences. This month’s Deep Dive examines how BNPL payment plans can help retailers expand their customer bases online and meet the needs of millennial and Gen Z consumers.

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

APRIL 26, 2017

Baby boomers who grew up in the age of white-gloved service and millennials who are trained to hunt down everything online have rather diverse needs. There has been a shift in behavior, and as the technology evolves to support it, millennials and boomers alike are keeping up with that.”. But small merchants are much more uneven.

Millennials 118

Millennials Meeting Mobile Training 118

PYMNTS

MARCH 31, 2020

While the online car sales business has struggled like most non-essential retailers amid the coronavirus pandemic, there are signs of life, according to new research from automotive digital solutions provider Cars.com. Shoppers are handling price negotiations (48 percent) and financing (42 percent) online. automotive industry.

Online 141

Online Millennials Survey Tools 141

PYMNTS

NOVEMBER 5, 2020

Consumers are more willing to shop in stores than they were in June, in fact, on one condition: Retailers must allow them to pay using the digital to order online for curbside pickup.”. Ten percent more Gen X consumers would shop in stores now than in June, and 5 percent more millennials would do the same than in June.”.

Retail 252

Retail Millennials Online Report 252

PYMNTS

MAY 20, 2020

But mounting concerns about health and safety amid the pandemic have motivated a consistently rising share of shoppers to try ordering their groceries online for delivery. percent of consumers that PYMNTS surveyed had switched to grocery shopping online as of early March, 14.8 Whereas only 3.9 Whereas only 3.9 We found that 38.1

Online 184

Online Millennials Digital Strategies Retail 184

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. In another attempt to reach millennials, Kohl’s partnered with Popsugar to launch a clothing line last September. Traffic coming into its locations is meeting expectations, Gass said, and is skewing toward off-peak times.

Millennials 133

Millennials Data social media Branding 133

PYMNTS

AUGUST 23, 2017

Millennials get a bad rap for everything from being unable to commit to a job to jeopardizing the cereal market. But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

Millennials 111

Millennials Policies Management Strategy 111

PYMNTS

MAY 10, 2018

The retail torch is being passed to a small cross-section of consumers, where Generation X meets the millennial generation, known as the bridge millennials. Dubbed the “Amazon generation,” bridge millennials are between 30 and 40 years of age, just reaching the prime of their lives as consumers. purchases every year.

Millennials 113

Millennials Marketing Data Retail 113

PYMNTS

JUNE 2, 2020

When selling online became the only game in town, retailers across the board got very seriously digital overnight. “It As for retailers, he said they’re looking for new ways to meet customers where they are and to offer better value-added services — like BNPL — to draw them in. And not necessarily just the millennials.

Retail 142

Retail Meeting Millennials Branding 142

PYMNTS

NOVEMBER 27, 2018

Convenience store operators would be wise to pay close attention to the purchasing habits of a certain subset of consumer: the Bridge Millennial — the first generation of connected consumers with spending power. Building A Better Bridge Millennial Gas App. For C-Stores, An Opportunity To Woo Bridge Millennials.

Millennials 130

Millennials Mobile Payments Survey 130

PYMNTS

MAY 29, 2017

Millennials heavily favor legalization at 77 percent — no big shock there — but their baby boomer parents favor it even more heavily, at 81 percent. We came up with the idea of an online marketplace for cannabis because we were really looking at how people shop for everything. We can’t help with growing seeds or selling it.

Online 156

Online Software Branding United States 156

PYMNTS

OCTOBER 10, 2018

Target is rolling out a new discount brand, dubbed Smartly, intended to appeal to millennials. To market these items, Target is taking an omnichannel approach by offering them in-store and online for those who can’t make a Target run. Convenience and price are important to millennials, but product is also important to this demographic.

Millennials 133

Millennials Branding Training Retail 133

PYMNTS

JANUARY 28, 2021

The following Deep Dive examines the interest in contactless payments among credit union members and the opportunity for the CU space to meet members’ changing payment needs through digital innovation. The High Stakes Of Offering Contactless. All indicators suggest that these trends are only likely to continue to grow, however.

Innovation 187

Innovation Millennials Payments Mobile 187

Accenture

MAY 7, 2019

This got me thinking—in the Instagram and Facebook era of instant online gratification, just how important is the ability to create a relationship with a bank at the swish of your mobile? And it’s not just millennials who are thinking of jumping ship. However, this isn’t just a frustration for your average millennial.

Customer Experience 262

Customer Experience Online Millennials social media 262

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. Gravy’s CEO Brian Wiegand thinks of it as “QVC meets Price is Right.” Attracting Millennials.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

DECEMBER 30, 2020

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. The Latest Buy Now, Pay Later Developments. One study found that 41 percent of U.S.

Payments 276

Payments Trends Millennials United States 276

PYMNTS

MAY 15, 2018

Over 100 credit union websites across 14 states fail to meet the standards outlined by the Americans with Disabilities Act (ADA) — often finding themselves susceptible to complaints and lawsuits. It’s not just online experiences that are getting upgrades. Embracing Tech Change to Win Over Millennials. You can’t be afraid of it.

Millennials 110

Millennials Innovation Report Mobile 110

PYMNTS

MAY 1, 2020

Many of the characteristics of its business that distinguishes it from its peers in the online fashions and luxury resale business have also turned out to be sources of strategic advantage for them, including having a platform and a business model that is helping them expand and scale their seller network. “We

Millennials 162

Millennials Branding Retail Marketing 162

PYMNTS

NOVEMBER 2, 2020

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

AUGUST 19, 2019

The conversation came as the old concept of “omnichannel” retail shifts toward serving the consumer along all touchpoints of the retail journey – one that more often involves online, mobile and brick-and-mortar activity. Millennials and bridge millennials use apps most frequently for planning in-store purchases – 47.9

Mobile 179

Mobile Millennials Retail Online 179

PYMNTS

SEPTEMBER 14, 2020

As more manufacturers and other sellers migrate their sales strategies online, they're seeking to please online shoppers the same way Amazon has done for individual consumers. Brands and their manufacturers today continue to rely on legacy technologies and manual processes to sell products online, said King. A Unique Experience.

Branding 269

Branding Online Meeting Strategy 269

PYMNTS

JUNE 24, 2017

After decades of frustration, it is no surprise that millennials en masse have started wearing a comfier, less agonizing option: yoga pants — formerly known as leggings — which, due to the magic of spandex, always seem to fit. Improving Online Shopping, One Set Of Leggings At A Time.

Meeting 126

Meeting Maine Examples Millennials 126

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. Some online sellers eschew online marketplaces in favor of more tailored digital sales experiences, turning to eCommerce system providers for help.

Mobile 197

Mobile Online Payments Tools 197

Abrigo

JULY 3, 2017

Millennial business owners (which for this survey included owners younger than 39) overwhelmingly preferred paper-free accounting, at 78 percent. This makes sense, given the benefits of being able to access important financial information when you need it and the ease of searching and sharing documents online, the survey sponsor said.

Mobile 150

Mobile Millennials Survey eBook 150

PYMNTS

APRIL 12, 2019

Couples could better manage their financial lives if they had a transparent platform where they could share the financial data they wanted to share, keep private what they wanted to hold back — and work jointly to set and meet their financial goals.

Millennials 154

Millennials Tools How To Video 154

PYMNTS

APRIL 13, 2020

Companies are continuously trying to meet these customers where they are, which means they must offer their full range of services via mobile — including hassle-free disbursements. Millennials are among the top financial app users: 94 percent of surveyed millennials use P2P apps like Venmo and Zelle.

Mobile 232

Mobile Innovation Millennials Payments 232

PYMNTS

NOVEMBER 27, 2018

More than 165 million Americans shopped online or in stores during the period from Thanksgiving through Cyber Monday , surpassing the 164 million estimate the National Retail Federation (NRF) provided before the shopping event. Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05.

Millennials 149

Millennials social media Retail Survey 149

PYMNTS

JANUARY 16, 2020

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. That’s the general case with travel search startup Hipmunk. Larger Travel Trends.

Millennials 142

Millennials Meeting Innovation Mobile 142

Chris Skinner

JUNE 25, 2017

It’s a good question, as … 90 minutes a year in a branch versus 45 hours on an app We had a great meeting of the Financial Services Club this week with guest keynote Derek White, Global Head of Customer Solutions for BBVA reporting directly to the CEO, Carlos Torres Vila. Jeff is an actor and comedian, … Who needs millennials?

Millennials 164

Millennials ATM Maine Fintech 164

PYMNTS

JUNE 4, 2020

Instead of flocking back to brick-and-mortar shops, consumers are continuing to shop from the safety of their homes, and are actually buying more online — not less — than they were before the reopening began. consumers are now buying retail goods online as of May 23, compared to 29.2 PYMNTS’ latest survey shows that 35.7

Online 137

Online Retail Data United States 137

PYMNTS

JULY 29, 2016

But dining out, propelled largely by a new wave of millennial consumers who seem to have made dining out more frequently a part of their lifestyles, has also become the largest growth sector in the retail industry between 2012 and 2015, according to a new study by CBRE entitled “ Now Serving Retail Growth.”.

Industry 100

Industry Meeting Millennials Study 100

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

FEBRUARY 12, 2019

Imran Khan, who spent three years at Snap as chief strategy officer, has created a new retail company, Verishop , which aims to “bring joy back to online shopping, and do it at scale with the ease of online purchasing and fast delivery we’ve all come to expect.” Finders Keepers and N:Philanthropy. ”

Branding 140

Branding Online Retail Leadership 140

PYMNTS

DECEMBER 11, 2020

Some 55 percent of millennials report being interested in giving digital gift cards this year, while 67 percent report hoping to receive one. Mao said 2020’s increased online shopping is also pushing up gift card demand among consumers looking for alternative ways to transact digitally. “We That’s a 19 percent pick-up over last year.

Cards 291

Cards United States Strategy Retail 291

PYMNTS

OCTOBER 21, 2020

Only brands that meet eBay's Certified Refurbished criteria qualify for the program. Items must be in like-new condition and must have been professionally refurbished by the manufacturer – or a manufacturer-approved vendor – to meet eBay’s specifications. Items must also be in new packaging with original or new accessories.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

OCTOBER 6, 2020

He added that the new prepaid Visa card “opens up many opportunities for us to reach out and meet the needs of consumers, particularly the youth and millennials.”. “Over the last year, since our initial announcement, a lot of time and effort has gone into developing and perfecting this product.”.

Cards 150

Cards Fintech Millennials Training 150

PYMNTS

NOVEMBER 30, 2020

Millennials still make up the largest share of shoppers who begin and complete their shopping journeys via mobile phones, but baby boomers make up 28.3 percent of “online natives,” those who begin and complete their shopping journeys via computer. Conversely, the share of online native shoppers grew from 21.9 percent to 25.7

How To 232

How To Online Google Cards 232