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. Technology and social media company Facebook is also growing more involved in the sharing economy.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

JUNE 18, 2020

The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We The company noted in a separate tweet that its systems had been completely brought back online and its web platforms were working. The app was up in under an hour.

social media 174

social media Millennials Marketing Financial Technology 174

PYMNTS

DECEMBER 12, 2019

The companies said it would include a combination of permanent locations and pop-up shops, CNBC reported. Aside from being an online marketplace where consumers can buy from trendy apparel brands such as LoveShackFancy and Vince, the company has chosen to roll out some of its own brands. mall owner Unibail-Rodamco-Westfield.

Los Angeles 131

Los Angeles San Francisco social media Millennials 131

Bank Innovation

MARCH 16, 2016

Millennials hate credit — but a new service called Lenny is out to change that. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More. Lenny is meant for mobile (of course) and launched today in California.

Millennials 150

Millennials Mobile Florida Lending 150

PYMNTS

DECEMBER 1, 2016

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

Millennials 100

Millennials Trends Study Groups 100

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

JUNE 10, 2019

The latest Platform Economy Playbook explores how digital platforms have enabled companies to move beyond transactional digital commerce and explore new models. The subscription model that Rent the Runway tweaked has now been applied by companies like Fashion Pass for fast fashion rather than designer goods. Renting vs. Buying.

Online 111

Online social media Retail New York 111

PYMNTS

APRIL 25, 2016

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production. It’s a great storytelling platform,” Galipeau told Fortune.

Millennials 100

Millennials South Carolina social media Oregon 100

Accenture

OCTOBER 3, 2017

Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. Trust in online platforms and social-media companies as providers of payments services is low.

social media 151

social media Millennials Online Fraud 151

PYMNTS

MARCH 19, 2018

The company maintains a collection of a few thousand timepieces from more than 30 brands, and members can experiment with different styles without having to make a long-term commitment to a particular watch. For this reason, Eleven James offers a program which will allow watch owners to submit pictures of their timepieces online.

Millennials 146

Millennials social media Retail Maine 146

PYMNTS

DECEMBER 23, 2019

Online shopping has fundamentally changed the rules of how to gauge a company’s performance around the holidays. They’re counting the proportion or number of millennials and Generation Z shoppers at a store, and counting the number of Instagram-popular fashion brands in a store.

Retail 131

Retail social media Millennials Analytics 131

PYMNTS

FEBRUARY 14, 2020

The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com. There are gatekeepers for economic reasons all over the world of online retail. The company’s growth has been consistent with the overall online retail category. Revenue from the company’s mobile app grew 60 percent.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

Mobile 198

Mobile Technology social media Customer Experience 198

PYMNTS

MARCH 17, 2020

Shopping has always been highly visual , and online shopping is no different. Companies need all the tools they can get to keep consumers engaged in the competitive retail environment. Integrated visual search tools must exceed competitors’ if companies want to thrive in retail’s next stage. The Rise of Visual Search.

Retail 143

Retail Millennials Tools social media 143

PYMNTS

APRIL 20, 2018

As Facebook tries to bring post-millennials onto its platform, the social media network appears to be at work on a feature geared toward high school students. With “High School Networks for Messenger,” the company may be seeking to connect students with their classmates, The Next Web (TNW) reported.

social media 104

social media Millennials Video Mobile 104

PYMNTS

FEBRUARY 24, 2017

Cosmetics and beauty company Revlon Inc. To do so, it’s getting a little help from a company that knows a thing or two about eCommerce: Amazon. Digital is so important to us as a company,” said Eunice Byun, vice president of global digital marketing. That’s where the consumer is.

Millennials 121

Millennials social media Strategy Branding 121

PYMNTS

JUNE 18, 2019

The company was also said to have come out ahead of at least another bidder that is said to be growing its own business for eSports, and LinkedIn profiles of employees who used to work for Bebo reportedly indicate a changeover date of June. Through its last pivot, the company attempted streaming services for players of eSports.

social media 108

social media Millennials Video Report 108

PYMNTS

JANUARY 13, 2021

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

social media 169

social media Trends Retail Millennials 169

PYMNTS

AUGUST 15, 2019

Described as “the first social travel agency,” Benny (from the phrase “friends with benefits”) would allow people to recommend rooms to friends at the best rate, while also earning a commission. “We Online travel agents’ margins are significant, and this is a way to play in that space.”. 14) for new properties.

social media 100

social media Chicago Millennials Online 100

Abrigo

APRIL 29, 2015

The score: If your online presence could use an overhaul, take action and check off the relevant boxes, ensuring that your site not only accurately reflects the work that you do, but also your firm’s brand. Generation X and Millennials increasingly supplement their online research with social media searches.

social media 150

social media Online Millennials Branding 150

PYMNTS

MAY 19, 2017

From eCommerce warehouses like Amazon to social media sales, it’s no secret that constant connectivity has changed many consumers’ shopping habits. But while more people opt for mobile and online channels than ever, traditional brick-and-mortar retail hasn’t vanished. from 1 percent to 20 percent. Fishing Where the Fish Are.

social media 100

social media Branding Retail Online 100

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

NOVEMBER 19, 2019

The company reportedly plans to use debt to fund the purchase. The cosmetics company was reportedly among the final bidders for Drunk Elephant, a millennial and Gen Z skincare brand, but lost out to Shiseido Co. a cosmetics and fragrance company, now plans to pay $600 million for a controlling stake in the firm.

Branding 101

Branding social media Millennials Report 101

PYMNTS

JANUARY 22, 2020

That’s because the largest combined consumer group today — probably one of the largest combined consumer groups in history — consists of millennials and Generation Z. By comparison, 32 percent of Gen Z, 35 percent of millennials and 22 percent of Gen X consumers buy online from the same store. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

AUGUST 17, 2017

While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time. It turns out that retailers geared toward this younger demographic are having a tough time engaging them online.

Retail 127

Retail social media Online Mobile 127

NCR

NOVEMBER 29, 2016

The impact of online reviews is growing, according to ReviewTrackers research. More than 1 in 3 people won’t eat at a restaurant with 3-stars on online review websites like Yelp, Facebook and Google. The online review space has entered the social media era, and banks are struggling to catch up.

Online 40

Online social media Management Compliance 40

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. In Millennial parlance, that’s “harsh.”.

Millennials 40

Millennials Fraud social media Survey 40

PYMNTS

JANUARY 11, 2017

Global beauty products company Coty is entering into a partnership with online P2P social commerce platform Younique. Indeed, as previously reported by PYMNTS , the beauty industry has become ruled by millennials, women between the ages of 18 and 34 being the main buyers, according to a survey by TABS Analytics.

social media 100

social media Millennials Online Maine 100

PYMNTS

AUGUST 17, 2017

While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time. It turns out that retailers geared toward this younger demographic are having a tough time engaging them online.

Retail 114

Retail social media Online Mobile 114

PYMNTS

AUGUST 11, 2017

While the luxury industry has seen its fair share of ups and downs over the years, research from Bain & Company shows that 2017 is the year that is primed to help make a high-end purchases comeback. The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

JANUARY 20, 2020

Papyrus parent company Schurman Retail Group had been attempting to renegotiate lease terms for its stores, but apparently not enough concessions were made to help save the company’s locations,” the report stated. Millennials to the Rescue. The chain had since expanded to some 260 or so retail locations.

Retail 183

Retail Millennials Cards social media 183

NCR

AUGUST 2, 2016

The impact of online reviews is growing, according to ReviewTrackers research. More than 1 in 3 people won’t eat at a restaurant with 3-stars on online review websites like Yelp, Facebook and Google. The online review space has entered the social media era, and banks are struggling to catch up.

Online 40

Online social media Management Compliance 40

Accenture

MAY 7, 2019

This got me thinking—in the Instagram and Facebook era of instant online gratification, just how important is the ability to create a relationship with a bank at the swish of your mobile? And it’s not just millennials who are thinking of jumping ship. However, this isn’t just a frustration for your average millennial.

Customer Experience 178

Customer Experience Online Millennials social media 178

PYMNTS

SEPTEMBER 20, 2016

There’s a reason millennials like Domino’s : It makes it really easy to order pizza on the go or on social media. According to the company, U.S.-based For some time now, Domino’s has been aggressively courting millennials and using technology to lure them. Domino’s introduced a similar service in the U.K.

Millennials 100

Millennials social media Strategy Technology 100

BankBazaar

JULY 1, 2019

The event was organised by Campaign to celebrate the most outstanding, inspired and successful campaigns, individuals and companies in Asia-Pacific’s communications industry. Given the emergence of Indian millennials as a key target group for every marketer, we recommended a specific focus on this target group in client’s communication.

social media 60

social media Millennials Conference Groups 60

PYMNTS

SEPTEMBER 16, 2019

Analysts pinpoint certain companies as bellwethers for the performance of a sector. Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. Pundits identify bellwether states to predict election outcomes. consumers shop and pay — today and in the future. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

MARCH 21, 2017

Before a certain social media giant started participating in the chatbot scene, consumers were required to download various apps on their devices for access. After the social media site’s Messenger announcement last April, we’ve seen more businesses clamoring to move into the chatbot game.

social media 110

social media Study Millennials Data 110