CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

JUNE 5, 2018

Prettier pictures lead to more sales for airlines — that’s the philosophy behind a growing bookings system that offers what Reuters called on Tuesday (June 5) a “more engaging visual approach to marketing” of tickets. carriers, and, of that, almost 100 percent is from baggage charges and booking changes.”.

Millennials 100

Millennials System Trends Marketing 100

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

Jeff For Banks

JULY 5, 2022

And products started migrating online. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. Because that is what millennials needed at the time.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. When Amazon was just about selling books online, its competition was the physical bookstore. billion more.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

JANUARY 21, 2020

(ARC), which says it “provides channel-agnostic tools and insights to help the global travel community connect, grow and thrive,” had taken a majority stake in nuTravel, described as a “leading developer of applications that provide airlines with online retailing solutions with enhanced features to support travel agency services.”.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles. Flexibility and Choice.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

MARCH 14, 2017

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Additionally, the grocery move will allow Amazon to better compete with local rival Flipkart, which also has its sights set on the online groceries, said Reuters.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

AUGUST 12, 2019

No offense against Groupon, the relatively longstanding online discount provider, but the spotlight hasn’t been shining so brightly on the Chicago-based company in recent years. A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. More Losses.

Cards 100

Cards Online United States Chicago 100

PYMNTS

MAY 23, 2019

While many of these customers belong to the millennial and Gen Z age groups, and prefer to communicate via text or Messenger, companies in the sharing economy still need to maintain familiar channels, like contact lines, to satisfy older customers. Kiwi.com on How Payments are Affecting the Travel Industry. About the Playbook.

Case Study 157

Case Study Innovation Regulation Millennials 157

PYMNTS

MARCH 17, 2020

Yet this assumption, according to Jason Polancich, CEO of Invoia , fails to take into account the millions of SMBs throughout rural America, where many business owners — even millennial entrepreneurs — simply aren’t interested in complex technological solutions. “They have a hard time using online banking.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

JUNE 5, 2018

When most people consider a “buy online, pick up in store” arrangement, they’ve already made the purchase when they arrive to collect their item. Millennials don’t see distinctions between fashion, music, content and commerce,” said Krishna Nikhil, SSENSE’s chief merchandising officer told The Wall Street Journal ( WSJ ).

Branding 116

Branding Millennials Retail Online 116

PYMNTS

SEPTEMBER 30, 2019

We here at PYMNTS will leave it to others to hash out the truths of that view, but here is one thing we know: All that stuff is creating a tremendous opportunity for self-storage operators, especially those who know how to get the attention of younger consumers. Nearly 10 percent of people in the U.S.

Policies 117

Policies Millennials Industry Operations 117

Jeff For Banks

MARCH 3, 2018

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? They can be a strategic shift of your franchise, a new product line, or a new operating environment. When they started in 1995, they sold books.

Apple 65

Apple Millennials Massachusetts FDIC 65

PYMNTS

MARCH 21, 2019

Online marketplaces are taking a page out of the sharing economy playbook for clothing rentals: HURR Collective Co-Founder and CEO Victoria Prew watched the massive rise of the model from car sharing to house sharing and believed fashion needed to be disrupted. The site operates similarly to eBay from a lender’s perspective.

Retail 130

Retail Millennials Company Security 130

PYMNTS

AUGUST 6, 2018

LevelUp is front and center on the Chase site as its partner for online ordering using Chase Pay and Chase Commerce Solutions (aka Chase Paymentech). That model — aggregating menus from local restaurants in one place and enabling easy online ordering from that online platform — remained Grubhub’s mainstay over the next decade.

Online 125

Online Branding Mobile Millennials 125

PYMNTS

DECEMBER 28, 2018

When it comes to retail, recollections seem likely to linger upon the ongoing (and significant) growth in eCommerce, the developing relationship between online and physical stores, a big boost in apparel sales, and the role of mobile in the journey from browsing to purchase. Online shopping grew 19.1 Apparel booked a 7.9

Retail 156

Retail Trends Course Online 156

PYMNTS

MAY 19, 2016

While that may sound like a line from a self-help book, it’s actually a business strategy that more and more retailers are adopting. The partnership between JCPenney and Sephora has been so lucrative that it has also expanded to the eCommerce space, where JCPenney offers Sephora items in its online shop as well. Stores within stores.

Retail 100

Retail New York City Strategy Millennials 100

PYMNTS

JANUARY 14, 2019

To save physical retail, anyone who wants to operate a physical store must convince consumers that it’s worth their time to—how’s this for an insight?—go What’s really steered people wrong is focusing on the average percentage of all retail sales that are online, and ignoring what’s happening in key verticals. population was online.

Retail 198

Retail Online Mobile Data 198

PYMNTS

SEPTEMBER 18, 2017

Sure, Nielsen reports that physical media sales are down (again), but one music marketplace is doing so well it was just able to launch four new marketplaces: one each for film, comics, books and posters. Discogs operates as an online, crowdsourced avenue through which individuals can list their popular and rare audio recordings for sale.

Millennials 109

Millennials Retail Google Apple 109

PYMNTS

MAY 6, 2016

The startup may not operate in the fleet card space, but Haven’s B2B solution can certainly impact the bottom line. The company announced on Wednesday (May 4) that it secured $11 million for its freight procurement solution, which allows commodity traders across the globe to book freight and logistics services via an online portal.

Fintech 100

Fintech San Francisco Capital Big Data 100

PYMNTS

SEPTEMBER 4, 2019

In an interview with PYMNTS, Richard Noguera , chief information security officer at Yapstone , discussed the findings of the playbook titled “ Meeting the Millennial Need For AI-Powered Visual Shopping.”. And, done right, maybe a few clicks on a buy button, too. Although it may be anonymized, it’s still being collected.

Millennials 110

Millennials Data social media Analytics 110

PYMNTS

JUNE 1, 2017

It is, of course, obvious that the internet has changed how the world gets its information and conducts its commerce, but the specters of fraud and data breaches are keeping the latter from reaching its true potential online. For businesses, 2014 was “the wakeup call” and a “banner year for internet crime.”

Payments 110

Payments System Software Mobile 110

PYMNTS

JULY 6, 2018

Though millennial parents were hit with nostalgia, when it comes to the world of toy sales going forward, market watchers of all kinds have been asking themselves the same question for weeks: Now what? “A Geoffrey the Giraffe is, sadly, no more. Sure, Amazon may have taken a lot of the blame for Toys R Us closing — fairly and not.

US 101

US Retail Branding New York City 101

PYMNTS

DECEMBER 30, 2020

Robinhood offers an easy-to-use app to trade stocks commission-free, making the company popular with millennials. In addition to operating some 1,500 U.S. Petco said the upgrades include a focus on curbside pickup, same-day delivery, online appointment booking for veterinary care and more. Roblox ($4 Billion) .

Marketing 198

Marketing Company Online Management 198

PYMNTS

SEPTEMBER 20, 2019

Today the firm operates in 41 states and uses a digital technology platform to match people with movers in a professional, trustworthy and timely manner. There are a lot of small operations out there, Martin noted, that are making quite a good living offering the absolute minimum in terms of service.

Industry 156

Industry Course Innovation Millennials 156

PYMNTS

JANUARY 23, 2020

Today’s consumers place greater value on personalized experiences than on physical retail goods — especially millennials, 86 percent of whom would rather spend their funds exploring new cultures than shopping. A lot of these specialists [on kimkim] have been in operation for many years.

Payments 130

Payments Millennials Security Fraud 130

PYMNTS

SEPTEMBER 27, 2016

Frank Bruni, vice president of supply chain operations at Kroger, for example, said: “Every project we look at, we look at automation as a potential part of it.”. consumers preferred shopping for groceries online and having them delivered to their homes. In 2016, 5 percent of U.S. But who can afford to train and staff such a team? …

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

DECEMBER 4, 2019

More and more, OTAs [online travel agencies] are moving into that group opportunity,” said Colin Smyth, head of travel at Flywire, in a PYMNTS interview. For OTAs and tour operators, taking payment up front is one thing. And the travel industry is still working to catch up with those changing consumer desires. Startups Rising.

Leadership 131

Leadership Industry Google Groups 131

PYMNTS

DECEMBER 4, 2019

More and more, OTAs [online travel agencies] are moving into that group opportunity,” said Colin Smyth, head of travel at Flywire, in a PYMNTS interview. For OTAs and tour operators, taking payment up front is one thing. And the travel industry is still working to catch up with those changing consumer desires. Startups Rising.

Leadership 130

Leadership Industry Google Groups 130

PYMNTS

MAY 31, 2017

Like their American counterpart Amazon, Alibaba and Tencent are fashioning themselves identities that have less and less to do with online shopping and more to do with an integrated life approach. Alibaba already offers mobile booking for salon and spa appointments, cloud computing, wealth management, insurance services and more.

Mobile 108

Mobile Atlanta America Seattle 108

PYMNTS

JULY 9, 2018

All of the things that stores and malls used to aggregate are available at one of literally thousands of places online, where they can be bought and shipped home, one product at a time, when and wherever the consumer’s impulse to purchase strikes. In the book, he describes going into the store and giving a salesperson his measurements.

Strategy 105

Strategy Millennials Online Branding 105

PYMNTS

MARCH 19, 2018

Yet, that’s the claim being made by Scott Galloway — serial entrepreneur and adjunct faculty member at the Stern School of Business who wrote a book , participated in numerous TV interviews and composed a 7,000-word article in Esquire saying just that. percent of today’s millennials will never make more than their parents.

Google 148

Google Apple Retail Millennials 148

PYMNTS

MARCH 4, 2016

Miller, who’s a general contractor and the owner-operator of The Screen Depot, based out of Boynton Beach, Florida, found dealing with out-of-state client payments to be a hassle for both parties. First not knowing whether they were going to use a credit card and then, which card they might end up using.”. mPOS has made the difference. .

Retail 100

Retail Cards Capital Florida 100

PYMNTS

JUNE 6, 2016

Under this new arrangement, payment is made via the Walmart.com app after customers make their selection online. An in-store system alerts Walmart associates when customers come into the store to pick up things ordered online. Walmart employees do the shopping, load the Uber/Lyft car with said bags and then make the delivery.

Retail 100

Retail Online Training Innovation 100

PYMNTS

JULY 22, 2019

Claims that “ all-devouring monsters ” (large format grocery stores) were “destroying the little man” was the topic of a chapter in a book entitled “Fame,” published by ad executive and author Artemas Ward in 1897. Ad agencies emerged and flourished to help department stores promote their products – and the value of those products.

Innovation 170

Innovation US Maine Google 170

PYMNTS

NOVEMBER 24, 2017

Earlier in the millennium, there was a book titled, Who Says Elephants Can’t Dance? — a chronicle of IBM’s transformation from troubled business to tech behemoth. The online growth spilled over into grocery, a category which showed the strongest momentum of all, as Sam’s Club sales excluding fuel were up 2.8

Retail 128

Retail Mobile Strategy Digital Strategies 128