Gonzobanker

NOVEMBER 16, 2023

Traditional financial institutions that want to compete with fintech disruptors like Chime and X (formerly known as Twitter) need to up their social media game. hours per day on social media. Sofi has built strong engagement through its Richer Lives social media strategy and influencer Vivian, “your rich BFF.”

social media 97

social media Marketing Millennials Trends 97

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

APRIL 27, 2017

Just as marketers started to get the hang of this newfangled “millennial” crowd, the next generation comes along to shake things up with different values, preferences and spending patterns. Some call them Generation Z, some call them post-millennials. But the real surprise here comes from post-millennial media viewing numbers.

Millennials 104

Millennials social media Survey Video 104

PYMNTS

JANUARY 19, 2021

Researchers found that FIs offering “innovative options such as interactive and contextually relevant video content stand to improve engagement and customer experience, especially among younger generations like bridge millennials and millennials.”. In case you’re wondering, user interface didn’t escape unscathed. “An

Study 196

Study social media Millennials Retail 196

PYMNTS

FEBRUARY 7, 2017

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. While it was reported that home buying was at its all-time low at a mere 62.9

Millennials 100

Millennials social media Boston New York City 100

Perficient

FEBRUARY 10, 2021

According to a 2021 Statistica report, 73% of adults over 65 are active internet users. If you don’t have an assured plan yet, be honest and say it’s in-development but that your organization will keep updating the status of availability on the website, on social media or via your providers’ phone lines.

New York City 484

New York City social media Community System 484

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. Online shopping fraud reports include complaints about items that are never delivered or are not as they were advertised.

Millennials 101

Millennials Fraud social media Online 101

PYMNTS

OCTOBER 30, 2017

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers. million millennials now make up more than a quarter of the U.S.

Millennials 109

Millennials North Carolina South Carolina social media 109

Payments Source

MARCH 19, 2017

The rapid advancement of social media platforms into the payments and finance markets, as well as millennials' devotion to apps like Venmo, were major factors driving a 47% increase in the U.S. digital person-to-person payments market last year.

social media 68

social media Millennials Report Marketing 68

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

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

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. Winning Millennial Loyalty.

Millennials 101

Millennials social media Marketing Branding 101

PYMNTS

DECEMBER 18, 2020

Social media-focused clothing reseller Poshmark became the latest platform company to file for an initial public offering (IPO) this week, hoping to catch an IPO wave that saw big first-day pops recently for Airbnb and DoorDash. Poshmark reported $192.8 Experts think that’s one reason ContextLogic stock fell 16.4

social media 232

social media Online Millennials Training 232

PYMNTS

FEBRUARY 26, 2019

According to a report in Fintech Futures , HSBC started the beta test with 15 retailers in Hong Kong. In the early part of 2017, HSBC announced the new payment app, geared toward millennials in Hong Kong who also wanted social media built in. million users for the eWallet, according to the report. HSBC, the U.K.

social media 178

social media Millennials Fintech Retail 178

PYMNTS

MARCH 4, 2017

Millennials as a generation are probably the most speculated and talked-about generation in human history. More seriously, millennials are increasingly viewed as a generation a bit in peril. Millennials Bowl. As it turns out, millennials love sriracha, yoga pants, Netflix, chilling, Snapchat and bowling. There are 75.4

Millennials 100

Millennials Mobile social media US 100

PYMNTS

NOVEMBER 15, 2017

The results were part of an investigation Forever 21 started after it received a third-party report suggesting the unauthorized access. With the opening of this new store, which already has 13 locations at GGP malls, the retailer will have the opportunity to experiment and focus more on social media-friendly millennials.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. consumers shop and pay — today and in the future.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

SEPTEMBER 29, 2017

Forever 21 has teamed up with Taco Bell, and the two millennial favorites are releasing a limited edition fashion collection together — marking Taco Bell’s first foray into fashion collaboration, despite the fact that competitors McDonald’s, KFC and Pizza Hut are already there. 10 — and will not be used to design the actual clothing.

Millennials 103

Millennials Los Angeles social media Video 103

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

JUNE 18, 2020

The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We It has also suffered a number of outages, especially on days of elevated trading as the market responded to reports on COVID-19’s economic effect. The app was up in under an hour.

social media 174

social media Millennials Marketing Online 174

Accenture

OCTOBER 3, 2017

Read the report. Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. Trust in online platforms and social-media companies as providers of payments services is low.

social media 156

social media Millennials Online Fraud 156

PYMNTS

FEBRUARY 25, 2020

As the report states, “We … find that a significant share of consumers are willing to bank with the institutions — financial or otherwise — that offer them the best spending and money management tools.”. The highest interest is among “bridge millennials” whose card spend averages $40,000 annually.

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

JUNE 18, 2016

In fact, recent data from Mintel indicates that millennial dads could be the future of retail. Millennial dads view shopping with their kids as a way to bond and teach them valuable lessons,” the report said. Millennial dads view shopping with their kids as a way to bond and teach them valuable lessons,” the report said.

Millennials 100

Millennials social media Data Report 100

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. 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

FEBRUARY 24, 2017

Revlon will be stamping its name on 10 million Amazon shipping boxes, said Internet Retailer , to make an impression on eCommerce shoppers (especially the coveted millennial cosmetics market) as part of a campaign called the Love Project. As PYMNTS reported in December , the beauty industry has become ruled by millennials.

Millennials 121

Millennials social media Strategy Branding 121

PYMNTS

JANUARY 13, 2021

The closely-watched filing should list sometime before the end of the month, according to reports, and it has put a spotlight on the reCommerce category. Unique to Poshmark are social media aspects like the ability to share “likes” on favored items. “We 31 were millennial or Gen Z consumers. What Comes Next.

social media 169

social media Trends Retail Report 169

PYMNTS

MAY 1, 2020

Millennial and Gen Z stereotypes often revolve around being tied to smartphones or computer screens, but these consumers love the outdoors just as much as their parents’ and grandparents’ generations. Social media can show how much millennials and members of Generation Z love hiking, camping and other outdoor activities.

Millennials 141

Millennials social media Retail Guidelines 141

PYMNTS

JUNE 15, 2019

That represents a gain in ground for action and adventure travel — which in 2018 was only number 2 in the family-specific list tracked in Virtuoso’s Luxe Report. That gain, according to the report, is largely driven by social media savvy Gen Z consumers, who tend to exert a larger than expected amount of sway in bookings.

Millennials 179

Millennials Hawaii social media Report 179

PYMNTS

DECEMBER 12, 2019

The companies said it would include a combination of permanent locations and pop-up shops, CNBC reported. Verishop is targeting mainly younger, affluent and millennial shoppers. It has website tabs for picks from fashion and social media influencers as well as sustainably sourced products.

Los Angeles 131

Los Angeles San Francisco social media Millennials 131

PYMNTS

NOVEMBER 5, 2018

According to the PYMNTS Digital Consumer Report , new technology has made it possible for merchants to transmit physical reality into the digital world – and bridge the gap between brick-and-mortar retail and eCommerce. Customers will be able to try everything from foundation shades to eyebrow shapes, according to the report.

social media 152

social media Los Angeles Retail New York City 152

PYMNTS

NOVEMBER 30, 2020

They use their mobile devices for everything from checking the weather to posting on social media to pulling up real-time maps and using them to navigate to new destinations. The report surveyed 2,141 U.S. This is especially true for Generation X and millennial consumers, at 37 percent and 36 percent, respectively.

Fraud 171

Fraud Data social media Millennials 171

PYMNTS

OCTOBER 25, 2016

Retailers should take initiative in communicating with shoppers — especially younger ones — by email rather than social media channels, a new report by Bluecore found. And, said half of those surveyed, smart devices are the conduits for reading those emails.

Retail 100

Retail Study social media Millennials 100

PYMNTS

MAY 23, 2017

A recent survey by American Express shows that, unsurprisingly, millennials have the biggest appetite for digital dining experiences, from ordering take-out through a mobile app to ordering and paying through a kiosk at their table to tweeting what they’re eating. For a full report, see the survey summary from American Express.

Survey 103

Survey Millennials social media Mobile 103

PYMNTS

APRIL 20, 2018

As Facebook tries to bring post-millennials onto its platform, the social media network appears to be at work on a feature geared toward high school students. With “High School Networks for Messenger,” the company may be seeking to connect students with their classmates, The Next Web (TNW) reported.

social media 104

social media Millennials Video Mobile 104

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. For example, 43.9 percent of those making more than $100,000 told PYMNTS that they’re interested in D2C purchases versus only 31.1

Branding 257

Branding Millennials Retail social media 257

PYMNTS

JUNE 8, 2018

Driven by younger customers, such as millennials and teens, casual luxury is bolstering sales of luxury apparel, handbags and footwear. According to research from Bain , consumers — particularly teens — are looking for low-brow statements in items such as sneakers, T-shirts and rubber sliders, CNBC reported.

Millennials 100

Millennials social media Branding Groups 100

PYMNTS

OCTOBER 26, 2018

Pinterest, as the web’s best-known social media network/visual search engine, is among favored spots for online shoppers. Pinterest reports 250 million actives users each month, half from the U.S. About half of all user report making a purchase after seeing a rich (shoppable) pin.

social media 167

social media Tools Retail Report 167