PYMNTS

FEBRUARY 10, 2020

Younger consumers expect instant gratification and affordable ways to obtain the goods they desire, prompting more retailers to adopt buy now, pay later (BNPL) payment services. In fact, the data has shown that the [BNPL] brands that have some maturity to them [have] actually brought in younger customers.”.

Branding 134

Branding Retail Millennials Payments 134

PYMNTS

FEBRUARY 11, 2020

Geoff Seeley, former Airbnb marketing official, is now working with payment company Afterpay as its global marketing leader. Before that, he worked on digital transformation at Pearson , the world’s biggest education company, and he also worked in marketing at Unilever , Ogilvy and Dentsu Aegis.

Marketing 163

Marketing Leadership Millennials Branding 163

PYMNTS

FEBRUARY 19, 2020

The sleep brand ’s locations are thriving, and a few more are planned for this year. 50 percent: Portion of millennial consumers who place more deliveries than they did two years ago. meal delivery market controlled by DoorDash in October of 2019. meal delivery market controlled by DoorDash in October of 2019.

Branding 130

Branding Millennials Data Retail 130

PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Not So Much About Tech As Marketing.

Millennials 101

Millennials social media Branding Marketing 101

PYMNTS

SEPTEMBER 29, 2020

Consumers are shopping more online , are increasingly interested in contactless payment methods and are showing up in stores to buy, not to browse. We see millennial and Gen Z customers absolutely shopping, and the brands that deeply understand them are growing at faster rates than they have ever grown before,” Molnar said.

Millennials 251

Millennials Retail Online Branding 251

PYMNTS

AUGUST 8, 2019

Afterpay, the leader in “buy now, pay later” payments, said in a press release that its second bi-annual two-day sale, Afterpay Day, will take place Aug. The company will partner with top fashion and beauty brands and retailers for the event, which offers its two million U.S. customers access to special promotions. retail partners.

Branding 117

Branding US Retail Millennials 117

Bank Innovation

FEBRUARY 24, 2017

In the long list of startup finalists competing at South by Southwest 2017 hides a brand new personal finance management app. Hip Money – a new app by Hip Pocket – adapts the millennial habit of “swiping” to help them save and pay down debt through a mobile app. Nebraska-based software Read More.

Nebraska 199

Nebraska Millennials Marketing Software 199

PYMNTS

DECEMBER 26, 2018

To let shoppers discover and try out new products, payment companies are helping merchants launch augmented reality (AR) experiences within social media platforms. Pan-African payments firm Cellulant , for instance, created an AR experience in Facebook Messenger.

social media 180

social media Payments Millennials Regional 180

PYMNTS

JANUARY 9, 2020

Grubhub Mulls Sale As Market Share Drops. Food delivery company Grubhub is considering a potential sale or an acquisition by another company to continue to compete in an increasingly crowded market, one which many experts say doesn’t have room for more than two companies. Battle For Millennials. Airbnb: How To Win The $1.4T

CA 132

CA Operations California Payments 132

PYMNTS

DECEMBER 31, 2020

As much as a click from the Kardashians helped spread the brand awareness and jump-start his company, Molnar said, as a spending trend among young consumers set the stage for BNPL's success. The payments ecosystem, of course, is not and will not be immune to the seismic impact and aftershocks of the coronavirus. According to J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms.

Millennials 101

Millennials Branding social media Operations 101

PYMNTS

NOVEMBER 26, 2018

While apps are used for gas station payments by only 4.5 percent of consumers, this customer base may represent a marketing opportunity for C-stores. According to Thorntons, the ability to provide consumers with a loyalty-focused mobile solution has “changed the game for our marketing efforts.”.

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

APRIL 7, 2020

market for retail credit was largely occupied by store-branded cards and revolving credit accounts. But as millennials’ and Gen Z consumers’ enthusiasm for store cards has cooled, a host of startups have stepped into the market to offer installment financing at the point of sale (POS) as an alternative product. “We’re

Marketing 138

Marketing Branding Millennials Retail 138

PYMNTS

JULY 23, 2020

Flexible in-store payment plans that can help consumers handle both everyday and big-ticket purchases are gaining popularity in the United States, where the pandemic’s economic effects are causing consumers to temper their spending. Approximately 15,000 brands already offer or plan to offer BNPL provider Afterpay ’s solution, for example.

Payments 181

Payments Report Retail Millennials 181

PYMNTS

DECEMBER 6, 2016

Shortly after rolling out this summer in Canada, Drop, the mobile app that gives users rewards and access to loyalty programs, has more than 70,000 millennials as customers. “We think millennials — some call them lazy — but they want seamless experiences.” “In turn, we’ll allow marketers to target these people.”

Millennials 100

Millennials Cards Retail Mobile 100

PYMNTS

FEBRUARY 11, 2020

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

OCTOBER 6, 2020

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

South State Correspondent

JANUARY 10, 2024

The Better Way to Calculate Value: Customers and Product If you lower deposit rates in this market, you will likely lose customers to competition that may be paying 5% or greater. If you know the cumulative lifetime value of each customer and each product, you are on the precipice of having one of the most profitable banks in the market.

Management 195

Management Examples Marketing Millennials 195

PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

OCTOBER 1, 2020

Offering flexible payment plans is one strategy that can make high-end items appear more attainable to consumers who may not be able to afford them at full cost upfront — and retailers are finding this method effective. In fact, 93 percent of millennial BNPL app users have not been subjected to late fees. in 2016 and moved all its U.S.

Millennials 210

Millennials Retail Maine Payments 210

PYMNTS

OCTOBER 16, 2017

According to Venmo’s Head of Marketing, Kasia Leyden, the idea is to put users’ stories front and center, making the money transfer company the only brand that can fill the blank in whatever occasion they’re sharing. That’s how the FinTech’s new creative content is structured. It’s called the “Blank Me” campaign.

Branding 112

Branding Nashville Miami Millennials 112

PYMNTS

NOVEMBER 11, 2020

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. Participating Gap brands include Old Navy, Gap, Banana Republic, and Athleta. . “By We are proud to partner with Gap Inc.

Retail 222

Retail Charlotte Branding Millennials 222

PYMNTS

MARCH 1, 2019

markets, aiming to generate repeat visits as part of its experiential retail efforts. DSW President Bill Jordan said in an announcement that the company was “encouraged by the reaction we’ve received to our nail bar test at our two warehouses in Columbus” and that they are looking forward to “additional learnings” in new markets.

Branding 129

Branding Retail Columbus Las Vegas 129

The Financial Brand

APRIL 30, 2023

This article Enthusiasm for Apple Savings Account High Among Millennials and Gen Z appeared first on The Financial Brand. This article Enthusiasm for Apple Savings Account High Among Millennials and Gen Z appeared first on The Financial Brand.

Millennials 36

Millennials Apple Branding Cards 36

PYMNTS

AUGUST 26, 2019

From a ride-hailing company expanding into Vietnam to Visa implementing new tools to fight fraud, today’s payments news runs the gamut. The company sees the country as its next big growth market. . Kohl’s to Tap Into Facebook Data to Create Millennial Clothing Line. World Central Bankers Discuss Global Crypto Alternative.

US 109

US Millennials cryptocurrency Fraud 109

PYMNTS

JULY 25, 2019

On a global stage, one size does not fit all when it comes to payments. For example, she said, some users may wish for payments to be done digitally, with speed and ease. Progress in the payments space isn’t just about what is possible … it’s determined, at least in part, by economic realities.”. Payments, on a Global Stage.

Payments 189

Payments Innovation Examples FDIC 189

PYMNTS

JANUARY 20, 2020

In the case of Afterpay , the buy now pay later (BNPL) payment services platform, it turned out to be the Kardashian media empire that came to call via the form. An endorsement from the Kardashian media empire is a big deal for any up-and-coming brand. However, for a brand like Afterpay, which launched in the U.S.

US 157

US Millennials Retail Payments 157

PYMNTS

JUNE 22, 2020

Like contactless payments, “buy now, pay later” (BNPL) companies are having a right time, right idea moment thanks to COVID-19, as consumers look to stretch every dollar — buying time, as it were — until livings and revenues are adequately restored across a reeling economy. Wayfair has been offering flexible payments to customers since 2016.

Millennials 151

Millennials Cards Examples Retail 151

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. About three-quarters of Gen Zers also like to shop in stores that provide an “engaging in-store experience,” so think brands like Forever 21 or Urban Outfitters.

Study 100

Study Millennials Retail social media 100

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Robinhood ($20 Billion+) .

Marketing 198

Marketing Company Online Management 198

PYMNTS

JUNE 19, 2020

The world of payments and commerce continues to be a very busy place as the world reopens for business and consumers emerge with new preferences. Yann Ranchere , partner at Anthemis Venture Investing Group, joined Karen Webster for the latest episode of This Week In Payments to talk about all of the latest developments.

Digital Banking 142

Digital Banking Payments Tools Branding 142

PYMNTS

MAY 25, 2017

Alipay , Alibaba’s mobile payment unit, is pushing into non-yuan payments, releasing a version of its mobile payment service in Hong Kong dollars. The goal is for retailers in more than 8,000 Hong Kong stores that accept yuan-based payments to convert to the Hong Kong one. While AliPay is expanding outside of the U.S.,

Mobile 101

Mobile Payments Millennials America 101

PYMNTS

FEBRUARY 7, 2020

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping. For example, 80 percent of customers for BNPL provider Afterpay made purchases over mobile.

Industry 167

Industry Millennials Retail Mobile 167

PYMNTS

MARCH 8, 2018

Loyalty is a fickle thing in commerce and coveted by merchants regardless of market. Beyond being an expression of commitment between the two parties — consumer and merchant or business to business, for example — ZipLine ’s Kristen Bailey, chief marketing officer , said brands and loyalty help shape one another.

Payments 102

Payments Branding Data Big Data 102

PYMNTS

JULY 15, 2020

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. Nick Molnar , co-founder and U.S. Many are entering or approaching their mid-30s and their prime spending years.

US 206

US Retail Millennials Trends 206

PYMNTS

SEPTEMBER 24, 2020

Trading FinTech Robinhood Markets Inc. The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Robinhood Raises $460M One Month After Raising $200M. has grown the size of its newest investment round to $660 million.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

APRIL 8, 2020

Remote workout brands like Bowflex and Peloton were well-positioned for COVID-19’s social distancing order from the get-go, with preexisting menus of live-streaming classes and, of course, their eponymous home gym hardware. Consumers and merchants, however, are gravitating to BNPL for its payment terms and fee structure.

Exercises 173

Exercises Payments Millennials Retail 173