Remove 2006 Remove Marketing Remove Millennials Remove Online
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Boomers Vs. Millennials: Holiday Shopping … In September?

PYMNTS

It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. Holiday shopping may see an uptick this year, but Mintel, the global marketing intelligence agency, said it’ll be somewhat somber. Those millennials simply just say, “No, thanks.”.

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Turning To The Crowd ? And Gift Cards ? To Fund Honeymoons

PYMNTS

Modern consumers — millennials, in particular — couldn’t care less about receiving fine china, crystal stemware or other knickknacks as wedding gifts. This shift has allowed wedding registry platforms to see the revenue opportunity, and they are now working to help satiate millennial consumers’ desires for experiential giving.

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For eCommerce Content, It’s Experiences Over Speed

PYMNTS

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. According to the Data & Marketing Association , 9.8 Speaking to Audiences.

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Teen Spending Hits Record Low, But Savvy Merchants Can Still Make Sales

PYMNTS

And while 2020 has represented an unusually sharp drop, teen spending has been on the decline for some time — peaking in 2006 at $3,023 on average. Teenagers might be buying fewer bags on the whole, but those who are buying are thinking big with luxury purchases as opposed to middle-market brands. A Foreseeable Fall-Off .

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4Moms: Predicting Parent Pain Points

PYMNTS

The current incarnation is the overly fussy millennial mom who has custom-color-change bath beads to test the baby’s water — or the urban lumberjack dad with smart-fabric kids’ clothes that allow him to monitor his toddler’s core temperature while they take their daily walk in the park together. It’s neat, I guess, but so what.”.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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How About Profits in the Branch of the Future?

Jeff For Banks

Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. And the rest of us are increasingly buying online. This is down from 4.17% for banks and 2.51% for thrifts in 2006. I hear arguments about poor performing branches being critical to a market area.