Remove 2018 Remove Millennials Remove social media Remove Technology
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Five Key Takeaways From Poshmark’s IPO Filing 

PYMNTS

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. We created Poshmark in 2011 to make buying and selling simple, social and fun. million in 2018 to 31.7

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Revolve Rides The Power Of Influencers All The Way To An IPO

PYMNTS

The brand largely focuses on (and sells to) younger shoppers — particularly millennials and Gen Z. The part of its business — and the use of its proprietary technology — the firm is most known for is in how it leverages its army of more than 2,500 social media influencers who drive the firm’s marketing efforts. “We

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Poshmark IPO Puts Spotlight On reCommerce

PYMNTS

The social media-focused platform company’s business model is simple: it’s a retail destination for consumers looking to sell their second-hand apparel and other goods or pick up desirable designer items for fraction of the price. Unique to Poshmark are social media aspects like the ability to share “likes” on favored items. “We

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What The Trendsetters Say About How We Will Pay Next Decade

PYMNTS

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.

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You Heard It Here First: Best Of 2018’s Monday Conversations

PYMNTS

Text messaging, social media, Pinterest and memes have all been offered up as avatars of destruction — and the general consensus seems to be that the death of conversation is a direct result of the digital age and probably has something to do with millennials. Kirk Bresniker, chief architect of Hewlett Packard Labs for HPE.

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Live Christmas Tree Industry Uses Digital To Beat Back Artificial Rivals

PYMNTS

No matter what, though, the present and future of real Christmas trees — even if bought in a weekend frenzy — owes much to digital technology, eCommerce and the consumer preferences of younger buyers. That is helpful especially for “millennial and Generation Xers,” he said. An longstanding adage — cliché? Christmas Tree Farmers.

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Opening a bank account in the digital age

Accenture

As of December 2018, Revolut had 200,000 Irish customers , an increase of fourfold in just over a year. And it’s not just millennials who are thinking of jumping ship. However, this isn’t just a frustration for your average millennial. From an Irish perspective, the challenge is here now. Complexity needs the human touch.