PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. 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.

Retail 114

Retail social media Online Mobile 114

PYMNTS

FEBRUARY 21, 2020

Instead, Canada Goose went for experiential retail, a strategy that has become more important as consumers want to do things when they buy things. In this case, over 8,000 consumers traveled through “The Journey,” an experiential retail concept in Toronto during the December 2019 holiday shopping season. Experiential Retail Expands.

Retail 141

Retail Miami Millennials social media 141

PYMNTS

JANUARY 24, 2017

It looks as though millennials may soon face competition as the generation to watch. According to a new study from HRC Retail Advisory , Generation Z is expected to make up nearly 40 percent of the population of North America by the year 2020 – easily making them the generation retailers must be paying attention to. and Canada.

Retail 100

Retail social media Survey Study 100

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Get ready, retailers.

social media 120

social media Millennials Retail Study 120

PYMNTS

JANUARY 30, 2020

So-called fast fashion has been a big player in retail for years, but that part of the commerce-and-apparel world is facing some serious challenges. The Facebook group Buy | Sell | Trade at Barnard has over 7,000 members. Retailers Not Giving Up. Fast fashion retailers are not giving up — well, not all of them, at least.

Retail 142

Retail New York City New York social media 142

PYMNTS

MAY 31, 2017

Well, duh – but only if they can bring all of their friends, carried in their pocket and amplified via an acceptable Wi-Fi signal at the mall, says a new study by HRC Retail Advisory. However, millennials and Generation Z shoppers took their inspiration from different places.

Millennials 101

Millennials social media Study Retail 101

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

AUGUST 9, 2018

Retailers lose out on an estimated $236 billion worth of sales annually because they create difficult or frustrating shopping and checkout experiences. That’s why it is important for retailers to meet consumers on their own terms. Connected consumers are ready to buy, as long as retailers can make the efficient, contextual sell.

Millennials 101

Millennials social media Exercises Retail 101

Accenture

OCTOBER 3, 2017

But much of it originated from the group of voracious digital competitors circling banks’ traditional territory. 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.

social media 151

social media Millennials Online Fraud 151

PYMNTS

JANUARY 17, 2020

Some have become so popular that they even have fan pages on social media platforms. For example, the approximate 35,000 members of Facebook group Afterpay Obsession discuss BNPL purchases’ benefits. Global retailers’ average mobile cart abandonment rate is approximately 86 percent, according to some studies.

Mobile 130

Mobile social media Retail Study 130

PYMNTS

AUGUST 11, 2017

Within these emerging markets, we’ve seen retailers make large bets on luxury. The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z. Within the next seven and a half years, these two consumer groups are expected to make up 45 percent of the high-end purchasing group.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

JUNE 8, 2018

Driven by younger customers, such as millennials and teens, casual luxury is bolstering sales of luxury apparel, handbags and footwear. The change in behavior is due, in part, to social media sites such as Instagram. This consumer group is shaping up to be different than the traditional high-end buyer.

Millennials 100

Millennials social media Branding Groups 100

PYMNTS

JUNE 2, 2016

Dormify, a dorm decor startup, seems to have cracked the email marketing code for millennials and Gen Z buyers. “Within each of these groups, customers have different interests and needs that we can address,” Gardner said. ”

Millennials 100

Millennials Marketing social media Strategy 100

PYMNTS

NOVEMBER 5, 2018

To help improve the retail shopping and shipping experience, virtual reality (VR) and augmented reality (AR) is catching on with big-box retailers in the U.S. AR could be on the cusp of having its moment, as a large brick-and-mortar retailer has fresh plans to appeal to shoppers willing to test out the technology.

social media 152

social media Los Angeles Retail New York City 152

PYMNTS

SEPTEMBER 12, 2018

A lifestyle brand for millennial buyers with an eye for design – but perhaps not the pocketbook for designer prices – the watch and accessories startup MVMT started on its path in 2013. After doing some research on suppliers, the duo found quite a staggering gap between wholesale and retail prices in watch brands.

social media 101

social media Branding Millennials Groups 101

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

APRIL 1, 2016

“She has committed to staying with Neiman Marcus Group as we work through the transition,” Katz said, adding that no departure date has been set. Gierhart has been part of the team at NM since 2008 – and has had a central role in building the high- end department store chain’s eCommerce and millennial audience.

social media 100

social media Millennials Groups Marketing 100

PYMNTS

DECEMBER 22, 2018

million “real” Christmas trees , as the trade group calls them, with an average price of $75. Artificial trees — or “fake” ones, in the preferred language of the group — were not terribly far behind, with 21.1 Artificial trees — or “fake” ones, in the preferred language of the group — were not terribly far behind, with 21.1

Industry 134

Industry Millennials National Online 134

NCR

JUNE 20, 2016

With an aging demographic, that target audience is now being taken over by the Millennial marketplace – and as you know, when it comes to business, its evolve or face extinction. So who are these Millennials, and how do you reach them? In placing Millennials into a bucket, first we must define this target audience.

Millennials 40

Millennials social media Guidelines Branding 40

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

SEPTEMBER 19, 2018

Model and social media celebrity Chrissy Teigen is, in many ways, the perfect brand partner for Target, as evidenced by her recent review of her new kitchen and cookware lines. They are increasingly seeing the upper-end of their prime demographic, a group PYMNTS titled bridge millennials.

Millennials 138

Millennials Montana social media Branding 138

PYMNTS

OCTOBER 26, 2018

Pinterest, as the web’s best-known social media network/visual search engine, is among favored spots for online shoppers. Millennials use Pinterest as often as they use Instagram, and though the average age of a Pinterest use is a little over 40, the average age of an active Pinner is in the 30s.

social media 167

social media Tools Retail Report 167

PYMNTS

FEBRUARY 20, 2017

Over a year of research, development and beta testing, Shopkick Grocery was found to increase consumer basket sizes to $59 in grocery, drugstore and retail spend per trip versus the $32 national average. Retail brands and partners for Shopkick include Best Buy, Clorox, Nestle and Starbucks, among others. RFG’s “U.S.

social media 100

social media Virginia South Carolina North Carolina 100

PYMNTS

AUGUST 7, 2018

Contextual commerce is an emerging force in online retail, and a topic recently discussed in-depth during a PYMNTS webinar featuring Karen Webster and Azita Habibi, business development lead at Braintree. Contextual Commerce Landscape. First, here’s a quick definition of contextual commerce. Who doesn’t like an expedited experience?”

Meeting 110

Meeting social media Report Retail 110

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

PYMNTS

AUGUST 26, 2019

Others focused on groups that were normally left out when designing and formulating products, with men being a particularly favored group. Instagram has been particularly crucial to building its loyal following among millennial and Gen Z shoppers, with a follower count of 450,000 and growing.

social media 109

social media Branding Capital Millennials 109

PYMNTS

FEBRUARY 24, 2020

Millennials are also more likely to go the do-it-yourself (DIY) route than consumers from other age groups. Almost three quarters — or 73 percent — of millennials are doing DIY home improvement. Since its rollout, it has been engaging in social media marketing. Marketing And eCommerce.

Tools 146

Tools Milwaukee Millennials social media 146

PYMNTS

APRIL 30, 2018

As the prominent global video-commerce retailer, and North America’s third-largest mobile and eCommerce retailer, the combined company will be well-positioned to help shape the next generation of retailing.”. If you go to other online retailers, it’s a transaction. When you come to QVC, it’s a social experience.”.

Branding 129

Branding Millennials Retail social media 129

PYMNTS

DECEMBER 7, 2017

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. Andromeda was one of the oldest malwares on the market.

Apple 111

Apple social media Google Video 111

PYMNTS

SEPTEMBER 4, 2019

Beyond its website, the company’s products are in brick-and-mortar retailers such as Whole Foods and Gelson’s Market, among others. It is finding a lot of success, as might be expected, with people like urban millennials, Kurzrock noted, and similar groups. The Market.

social media 148

social media United States Millennials Branding 148

PYMNTS

JANUARY 15, 2019

In addition, the firm said that it is launching the second phase of its advertising campaign known as “Money is Changing,” and where the campaign will train a spotlight on millennial women, with focus on steps they have taken to tackle and overcome money-related challenges. For example, Simon said, the Jan. India and Mexico.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

DECEMBER 20, 2016

This sentiment carries as consumer confidence is at a nine-year high , translating to higher spending, which retailers certainly appreciate: Cyber Monday clicked past $3.45 Heading into the New Year, credit success and financial fitness is on consumers’ minds. It’s clear, however, that respondents view having better credit as important.

Study 100

Study social media Capital Millennials 100

PYMNTS

JULY 6, 2018

Marketplaces such as Glamping Hub see that glamping is popular with two segments in particular: baby boomers and millennials. Another segment, millennials, are looking for unique destinations that can lend themselves to Instagram and other social media channels. The Great Outdoors.

Millennials 100

Millennials social media Comparison Maine 100

PYMNTS

NOVEMBER 28, 2016

In session from 2011 until May 2016, the Breakfast Council was a group of allegedly independent nutrition experts that worked with Kellogg’s to bring consumers healthy breakfast cereal options. The experts were reportedly paid an average of $13,000 annually to engage in “nutrition influencer outreach” on social media or with colleagues.

Branding 100

Branding Millennials social media Marketing 100

PYMNTS

AUGUST 2, 2016

Fashion is largely fueling the rise in footwear sales, as many consumers, especially millennials, “prefer matching their footwear with their daily outfits,” according to the TechNavio report. Celebrity-endorsed fashion, sponsoring sports teams and attracting consumers through social media are some marketing initiatives adopted by vendors.

Industry 100

Industry Charlotte social media Branding 100

Insights on Business

JANUARY 31, 2019

Like millions of others, I enjoy having a cup of coffee at various retail coffee establishments. Enhancements start with mobile app-based personalization such as social currency, rewards programs, and probably most importantly, streamlined service that lets you get your beverage faster than ever before.

Payments 107

Payments Fraud San Francisco social media 107

PYMNTS

JULY 28, 2018

And while bargain retailers charge vanishingly small amounts for their goods, all of those little sales add up to some pretty amazingly large figures for bargain-hunting consumers. “We Part of it is a savvy social media-based distribution model through WeChat. We can’t remember [the] last time we left without spending $100!”

New York 148

New York New York City Retail social media 148