PYMNTS

NOVEMBER 25, 2020

While predictions of increased spending are appearing more frequently since news of various COVID-19 vaccines has broken, PYMNTS data shows that consumers are still cautious, conservative and digital-first when it comes to holiday 2020. And when they do spend, consumers will do so online – some of them exclusively. A stunning 96.5

Online 176

Online Cards Retail Data 176

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. We surveyed more than 5,000 U.S. businesses in a vulnerable financial situation. .

Report 228

Report Payments Millennials Cards 228

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. Facebook-curated brands launch in 2020.

Millennials 133

Millennials Data social media Branding 133

PYMNTS

DECEMBER 15, 2020

PYMNTS’ December 2020 Buy Now, Pay Later Report , a collaboration with PayPal , examines the explosion in BNPL’s popularity, starting with a certain consumer group we all know and love. Bridge Millennials Crossing Over To BNPL. How they use credit and how they feel about it, however, is what sets millennials apart from other demos.

Millennials 256

Millennials Report United States Study 256

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. Considered an online version of a dollar store, ContextLogic looked in many ways like the next Amazon. percent during 2020’s first nine months to $1.75

US 230

US Company Report Payments 230

PYMNTS

MAY 14, 2020

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. out of 10 on “likelihood to recommend.”. “The

Online 164

Online Retail Millennials Analytics 164

PYMNTS

OCTOBER 15, 2020

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Extend (@HelloExtend) October 5, 2020. PYMNTS’ Retail Product Insurance Study found just such growing interest in extended warranties among some 2,700 online shoppers surveyed.

Online 334

Online Exercises Retail Capital 334

PYMNTS

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As That integration allows Corevist to automatically display the unique business rules that are stored within the SAP ERP system for each customer on a manufacturer’s online storefront.

Millennials 134

Millennials Analysis Trends System 134

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic.

Online 148

Online Payments Millennials Apple 148

PYMNTS

JANUARY 28, 2021

PSCU reported that the hike in mobile wallet credit purchases among its CUs’ members was nearly 48 percent by August 2020, while mobile wallet debit purchases climbed 22 percent during the same period. The use of Apple Pay, Google Pay and other digital wallets has also been on the upswing since the start of the pandemic.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As That integration allows Corevist to automatically display the unique business rules that are stored within the SAP ERP system for each customer on a manufacturer’s online storefront.

Millennials 135

Millennials Analysis Trends System 135

Perficient

JANUARY 12, 2021

Consumers are looking for online buying processes that are easy and can provide opportunities to search, learn, and purchase products without and roadblocks, especially during COVID-19. Forrester noted that 53% of the US retail industry planned investment in AR in 2020 because they know it assists consumers in making purchase decisions.

Customer Experience 538

Customer Experience Branding Video Online 538

BankBazaar

JANUARY 9, 2020

Let’s take stock of the key insights garnered from the Moneymood 2020 report presented by BankBazaar. BankBazaar , India’s leading online marketplace for financial products has launched the second edition of the BankBazaar Moneymood ® 2020 report. have fared in the last year. Explore BankBazaar.

Report 136

Report Metro Cards Trends 136

PYMNTS

SEPTEMBER 12, 2016

Who isn’t curious to know what retail will look like come 2020? And that’s exactly what a joint study by IBM and New York University’s Stern School of Business, entitled “Retail 2020: Reinventing retailing — once again” set out to try and find out. “As As retailing evolves, it impacts everyone,” according to the study’s introduction.

Retail 100

Retail Millennials Study social media 100

PYMNTS

SEPTEMBER 20, 2019

Sales of counterfeit goods, particularly on third-party sites that facilitate transactions between individual buyers and sellers, have skyrocketed with the advent of online shopping. trillion by 2020. Online Luxury and the Importance of Authentication.

Online 118

Online Millennials Community Fraud 118

PYMNTS

OCTOBER 7, 2020

No responsible executive would tell their shareholders that they’re skipping aggressive sales tactics on a day when most people are off work and most retail companies are still trying to pull some semblance of a year out of the ashes of 2020. percent shopped online during Black Friday last year, which was double the 2018 number.

Millennials 241

Millennials New York City Retail Study 241

PYMNTS

MARCH 1, 2018

workforce by 2020, the demand for more efficient payment solutions is poised to grow. Once payments are disbursed, cards can be used to make online and in-store purchases, withdraw funds from an ATM, transfer funds or pay bills. Can a cash back program help millennials avoid the debt trap? About the Tracker.

Millennials 102

Millennials Trends Cards ATM 102

PYMNTS

JANUARY 9, 2020

Attendees will learn that younger generations – Generation Zers and millennials among them, who wield significant (and growing) spending power – care more about payment flexibility (and options) than merchants might realize. In the webinar scheduled for Jan. Retooling the Approach.

Payments 151

Payments Case Study User Experience Millennials 151

PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. 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.”. People Want To Go To Stores, But ….

Retail 252

Retail Millennials Online Report 252

PYMNTS

FEBRUARY 6, 2020

Sykes believes the attraction of online companies and uber-retailers it simple at one level. The first is millennial preferences: A survey from millennial research firm Ypulse shows that the ages 23 to 36 segment wants to be casual at work and shop online for clothing. Klarna recently launched in the U.S.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

OCTOBER 16, 2020

Plus, London’s FinTech space has been going strong in 2020 despite the pandemic. Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. In VC Investments So Far In 2020.

Millennials 131

Millennials Payments Cards Fintech 131

MyBankTracker

NOVEMBER 13, 2020

The COVID-19 pandemic has added to the money challenges faced by millennials in particular. Millennials are old enough to have financial responsibilities without having had much time to build financial stability. The survey found that the pandemic added to the financial challenges that millennials face. Key Findings.

Millennials 52

Millennials Survey Study Marketing 52

PYMNTS

MAY 1, 2020

Like many retailers, Tradesy opened 2020 with great expectations and big plans. Significant growth in terms of their active user base and revenue were on the agenda — to be supported by a major investment in marketing to get the word out about the Tradesy peer-to-peer (P2P) market model and its advantages for both buyers and sellers.

Millennials 162

Millennials Branding Retail Marketing 162

PYMNTS

DECEMBER 30, 2020

Evidence reveals that these habits picked up steam during the 2020 holiday shopping season, with PYMNTS research finding that 4 percent of Americans used buy now, pay later (BNPL) methods for their Black Friday purchases. Deep Dive: The Trends That Drove More Consumers To Fle xible Payment Plans in 2020. About The Tracker.

Payments 276

Payments Trends Millennials United States 276

PYMNTS

NOVEMBER 9, 2020

As COVID-19 continues to modify ideas around how we shop and pay, consumers and B2B buyers are also making choices about where to shop: online or in-store? The jarring digital shift of 2020 was a disaster recovery scramble that just swept away these most human of behaviors. The answer is “both,” but there the simplicity ends.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

FEBRUARY 14, 2020

The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com. CEO Rich Bergsund sees its vintage year leading to an even better 2020 as it continues to bring more consumers to the site and find more ways to keep them engaged. Millennials are leading a premium trend for wine.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

PYMNTS

FEBRUARY 12, 2019

Any number of “faster” rails are coming online through the next several months. For the connected consumer , connected commerce will be 100 percent digital , especially as the bridge millennials wield spending power across the next several decades. Data: 56: Number of real-time payments systems slated to be live or underway by 2020.

Millennials 154

Millennials Payments Retail Lending 154

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

DECEMBER 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. Why Travel Firms Need To Cater To Millennial Payment Preferences.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

DECEMBER 14, 2020

But there’s another way to describe 2020 these days: “almost over,” as there are only 17 days left before 2021 gets off and running. For example, the latest edition of the PYMNTS/Visa 2020 How We Will Pay report shows an interesting change in U.S. Even fewer consumers report shopping for retail purchases on weekends during 2020.

Online 257

Online Retail Data Report 257

PYMNTS

OCTOBER 20, 2020

Business roadmaps predating 2020 aren’t much use these days, however, as COVID has altered the terrain. PYMNTS researchers found that what we call “social shifters” moved online fast but are most likely to rush back to physical stores and outside activities. Connected Commerce Calling The Shots.

Maine 221

Maine Retail Branding Study 221

PYMNTS

JANUARY 19, 2017

Young adults in India are using their smartphones for shopping online at an increasing rate. A recent survey of adult smartphone owners under 35 in India, conducted by digital marketing firm Regalix , revealed that 83 percent respondents had used their mobile device to shop online. million this year, showing a drastic 19.5

Mobile 100

Mobile Millennials Survey User Experience 100

PYMNTS

JUNE 29, 2020

How people pay is what’s changing in 2020. As PYMNTS’ June 2020 Buy Now, Pay Later Tracker® , done in collaboration with Afterpay , notes, “[COVID disruptions have] led many to defer payments on large-ticket items such as household goods and furniture. This news comes after Klarna announced the U.S.

Millennials 181

Millennials Mobile Online Retail 181

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

DECEMBER 1, 2020

Amazon’s grip on the online shopping industry appears to be tightening. When PYMNTS last measured Amazon’s take of the total eCommerce business it found that it touched just north of 50 percent for Q1 2020 in eCommerce market share (51.2 percent in Q2 2020, which is still a number any other company would give their whole paycheck for.

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

JANUARY 11, 2021

While early to mid-January is always the return season, this year has long been forecast to be a spot more active than its predecessors given the volume of gifts bought online during the 2020 holiday rush. It’s an extreme solution but one the unique conditions of 2020 have created. Everyone Makes Mistakes — Why Returns Surged.

Retail 173

Retail Millennials Online Data 173

PYMNTS

NOVEMBER 19, 2020

Klarna’s 2020 Holiday Retail Report found that most U.S. Forty-six percent prefer shopping online. In addition, 30 percent of shoppers, including 39 percent of Generation Z and millennials surveyed, would find a BNPL installment pay option a boost this year, according to the report.

US 186

US Millennials Branding Retail 186