PYMNTS

MAY 26, 2017

Millennials are never, ever going to buy homes. Why millennials are never going to buy homes is more of a jump ball. According to the National Federation of Retailers, 81 percent of millennials report at least aspiring to homeowners as hip, even if they aren’t there yet.

Millennials 109

Millennials Marketing Taxes Data 109

PYMNTS

MAY 23, 2018

For all the press about how millennials are the future of commerce, there is one big and rather problematic roadblock in that narrative. Millennials are kind of broke – and they might always be. While other generational groups also lost ground during the Great Recession, millennials as a group have largely missed the recovery.

Millennials 109

Millennials St. Louis Study Groups 109

PYMNTS

DECEMBER 3, 2020

Yet, the two most connected consumer groups — bridge millennials and superconnected consumers — have changed their habits the most. Both bridge millennials and superconnected consumers own more connected devices than the average consumer and are considered to be on the cutting edge of digital adoption.

Millennials 211

Millennials Groups Study Retail 211

PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Data obtained by one news outlet indicates that Chinese tech firms are aiming to grow markets for the newest facial recognition technology while moving a global standard forward.

Millennials 100

Millennials Strategy Payments United States 100

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. In its effort to do so, Gravy doesn’t seek to make money selling the actual goods — it seeks to market the actual stage.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

SEPTEMBER 27, 2017

Housing market experts predicted that other builders are likely to unveil similar programs to attract more first-time buyers. Obviously, there’s a benefit to bringing more people into the home buying market,” said Doug Cropsey, a senior vice president at Eagle. Of course, a program like Eagle Home’s can come with risks.

Millennials 103

Millennials Miami New York America 103

PYMNTS

MAY 20, 2017

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

Millennials 119

Millennials San Francisco New York New York City 119

PYMNTS

JULY 13, 2018

It has made the millennial generation of women — either entering or settling into their prime spending years — something of a unique class of citizens when it comes to financial services. Millennial women are evolving into very [a] different relationship with money,” said Reilly. I think we are at a tipping point.

Millennials 111

Millennials Tools Connecticut Study 111

PYMNTS

NOVEMBER 1, 2016

This is also the case for the drinking habits of millennials vs. baby boomers. According to PYMNTS research, millennials of drinking age drank 42 percent of the wine that was drunk in 2015, with the average millennial downing just over three glasses in a sitting. Either way, millennials want their beverages to speak to them.

Millennials 100

Millennials Trends Survey Course 100

Jeff For Banks

APRIL 4, 2024

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

Banking Trends 119

Banking Trends Trends Millennials Oregon 119

PYMNTS

NOVEMBER 17, 2017

Among millennials, that number drops below 30 percent. Millennials don’t have credit cards because they don’t have FICO scores, or at least not the kind of FICO scores that inspire issuers. “If Paradis thinks that’s bad for millennials — many don’t agree — and the merchants who want their business.

Millennials 104

Millennials Cards Lending Payments 104

PYMNTS

DECEMBER 16, 2019

Following a formidable start for its “ buy now, pay later ” service in the United States, Klarna intends to roll out in Australia and other markets next year. The course has been popular with millennials who have a preference for debit cards over credit cards.

Marketing 132

Marketing United States Millennials Fintech 132

Perficient

FEBRUARY 18, 2021

The answer is yes, of course there are. Of course, Covid-19 has exposed digital weaknesses and accelerated digital transformation for all industries. Some of the examples we presented include – virtual agents (chatbots, AI), connected bankers, conversational marketing and conversational banking.

Digital Strategies 383

Digital Strategies Strategy Industry Case Study 383

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. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

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

FEBRUARY 19, 2020

There are the classics, of course – Jenny Craig, Nutrisystem and the segment’s reigning champion, Weight Watchers , which brings in roughly $1.5 But the market is changing and new players are entering – most notably Noom , a subscription weight management and fitness program that has been dubbed “Weight Watchers for millennials.”.

Marketing 131

Marketing Exercises Course Big Data 131

BankBazaar

AUGUST 7, 2019

Owing much to the changes in banking trends and the emergence of fintech companies, millennials across India have become open to the idea of borrowing credit. As millennials, we grew up in a system that regarded such credit products as ‘financial stressors’ and those opting for them were often looked upon as financially-screwed individuals.

Millennials 60

Millennials System Lending Trends 60

PYMNTS

JUNE 25, 2019

P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. Surveys and other types of reports are taking note of this apparent trend. About a fifth, by comparison, had used Venmo for gambling.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

JANUARY 27, 2020

Soft drinks can be plenty refreshing, but they come packed with all kinds of artificial flavors, coloring and, of course, sugar. I’ve always been in trading and markets, and I have always been a trend follower,” O’Grady said.

Louisville 131

Louisville Marketing National Millennials 131

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

JULY 25, 2018

The good stuff, of course, is out there too – gleaming, sharp, custom-colored and absolutely ready to go. But the price tag on it is a cool $2,000 (on sale), and so for whatever wonders it is capable of as cutlery, the market for it is fairly narrow. It’s not hard to find good kitchenware, as there is plenty of it.

Millennials 100

Millennials Tools Examples US 100

PYMNTS

JANUARY 31, 2018

Detractors can slow progress, of course, but stopping or reversing the trend seems unlikely. Which means the team at Eaze is ready to innovate for the next phase of the market: when cannabis becomes just like any other consumer good. We’re investing the money now in what’s clearly going to be a very big market.”.

Marketing 110

Marketing California Millennials Branding 110

PYMNTS

AUGUST 20, 2019

And the conventional wisdom on alternative lending comes in for a gut check as more merchants learn how to reverse the course on subscription churn. Data: $800 billion+: Market cap of Google parent Alphabet. percent: Share of millennials who use mobile apps most frequently for planning in-store purchases.

Payments 130

Payments Millennials Google Lending 130

PYMNTS

DECEMBER 24, 2020

And, of course, 2020 was the year that proved everyone’s predictions wrong (except Webster’s, actually, who predicted a banner year for the connected economy and ended up being more spot on than she could have realized at the time). Which may explain why many predictions are wishy-washy or soon proved wrong,” she noted. The Expert Opinions

Millennials 206

Millennials Retail Course Report 206

PYMNTS

NOVEMBER 13, 2020

And the food delivery space, of course, is nothing if not competitive. For now, the focus on meal delivery shakes out to an estimated 50 percent market share in the category based on sales, compared to 26 percent for Uber Eats and 16 percent for Grubhub. The company implies that the greenfield opportunity is considerable.

Course 244

Course Millennials Operations Survey 244

PYMNTS

JUNE 18, 2018

Summer means all kinds of things: trips to the beach, visits to national parks, road trips and, of course, Disneyland — the classic. Of course, with all the mobile fun in the sun, it is always worth it to keep an eye out for the hackers in the shadows , who sadly do not go on vacation for summer.

Mobile 100

Mobile Millennials Course National 100

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. As retailers work to market to the coveted Generation Z demographic, they must [employ] modern methods to attract younger shoppers.”.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

SEPTEMBER 4, 2019

Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. But, he noted, in the case of millennials some of that fear is not just the same old alarm. This long-term worry is far more significant and can be summarized in one sentence: Millennials don’t want to buy stuff,” Becker said.

Las Vegas 101

Las Vegas Millennials Meeting Maine 101

PYMNTS

JULY 17, 2018

Expectations are changing, of course, and with millennials coming into their spending prime , the market is looking for ever-greater levels of connectivity and service. trillion : The projected buying power of the millennial generation over the next two to three years. 119 : The new annual cost of Prime.

Millennials 100

Millennials Course Meeting Cards 100

PYMNTS

OCTOBER 23, 2020

million homes on the market. In terms of turnaround, properties were on the market for only 21 days. That means that sales — from listing to closings — have accelerated, as time on the market was 22 days in August and 32 days in September 2019. This implies that first-time buyers are being priced out of the market.

Survey 227

Survey Maine New York Millennials 227

PYMNTS

JUNE 14, 2019

The offering itself is somewhat familiar to apparel market watchers who have watched the evolution of the rental clothing box industry over the last half-decade. The challenge and the trick, of course, is standing out in a crowded field where a lot of other players are attempting to make a similar move.

Marketing 116

Marketing Branding Retail Millennials 116

PYMNTS

FEBRUARY 13, 2020

However, the branch experience does need to evolve, he noted, as FIs see their own customer demographics shift toward younger, tech-savvy millennials. Conventional wisdom may hold that millennials want a purely self-service experience when it comes to their financial lives. As Brown said, “In markets such as the EU and the U.K.,

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

DECEMBER 26, 2018

At the same time, Cellulant said her products appeal to millennials who spend a lot of time on social media. In fact, the brand’s target market is millennial women between the ages of 20 and 37 with disposable income who live in an urban area.

social media 180

social media Payments Millennials Regional 180

PYMNTS

JANUARY 20, 2020

That’s understandable, given how viciously email, texting and other forms of digital and mobile communication have displaced actual writing — which, of course, would seem to reduce the need for actual stationery products. Millennials to the Rescue. The move has much more to do with the decline of handwriting, of course.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

MARCH 3, 2020

That’s, of course, the strategy of a Morgan Stanley, or of a Goldman Sachs, where Marcus is a conduit to moving “downmarket” toward consumer deposits and checking. Infrastructure makes a difference here, too, of course. The problem is when transparency is lacking, and trust is fragile, especially when it comes to millennials.

Course 187

Course System Millennials ATM 187

PYMNTS

DECEMBER 13, 2019

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history.

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

FEBRUARY 14, 2020

While it’s certainly not the case with every firm, for many, years of venture funding and building size and scale are considered favorable to an early entrance into the public markets with the vicissitudes of public investors. Afterpay, of course, did manage to go global, launching in the U.S. 18 months ago, in the U.K.

Millennials 159

Millennials Retail Management US 159