Remove Article Remove Marketing Strategies Remove Millennials Remove Technology
article thumbnail

Millennial’s Matter to Bank Marketing

Long Lasting Ideas

A recent article in the Wall Street Journal states that the average Class of 2014 graduate with student-loan debt has to pay back some $33,000. A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International.

article thumbnail

Banking’s Hard Fork in the Post-Neobank Era

Gonzobanker

Three in 10 Gen Zers and Millennials now consider a digital bank or fintech to be their primary checking account provider, and I would bet that most of them have no clue where that provider’s headquarters is located (or care, for that matter). Where : The Shift From Branches to Search to Platforms. That banking world no longer exists.

article thumbnail

Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Unfortunately, there are many problems with sales funnels, and in this article, we will show why banks should be thinking in terms of “Growth Loops” instead. Your bank might have introduced a new product, but very few banks go back and try to improve an existing product unless forced to by the regulators or changes in technology.