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Gaining referrals from Millennials and Gen Z: Thursday’s daily brief

Martech

Some 79% of referrals through the program represent the Millennial or Gen Z age groups – and a statistic like that can hardly be a coincidence. It’s become AmEx’s second-largest customer acquisition channel (second only to partner channels). “At But recently it’s seen startling success with younger age groups.

Gen Z 106
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Going green, social commerce, faster delivery – retail trends for fall 2024

illumin

This number was higher for millennial respondents, where three-quarters said they considered sustainability when making purchase decisions. A report from McKinsey shows that individual personalization can cut customer acquisition costs in half and increase revenue by as much as 15%. A recent survey from McKinsey & Co.

Retail 98
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Gen Z Business Spotlight: Chamberlain Coffee

Hubspot Marketing

A decade ago, millennial consumers were constantly making headlines for “ killing ” certain products. From a business standpoint, millennial entrepreneurs in the 2010s saw notable success marked by increased access to venture capital and early adoption of social media to acquire customers.

Gen Z 131
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By the numbers: Diversity and inclusion are good business

Martech

The benefits of diversity and inclusion can be seen in stock and revenue performance, hiring and retention, and customer acquisition and loyalty. Audience acquisition and loyalty. Google ) 70% of young Millennials and 69% of older Millennials said they would choose a brand over a competitor if it demonstrates inclusivity.

Gen Z 115
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Branded Videos | What Non-Creatives Need to Worry About

Adobe Experience Cloud Blog

Perhaps you’re trying to attract new customers: What’s your current customer acquisition cost, and what cost per acquisition would successful video content achieve? The Millennial Falcon, a spaceship from Star Wars, shows up in block form. Whatever your content’s goal, a vague statement of purpose won’t cut it.

Branding 157
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How to Segment Your Audience for Successful Lifecycle Marketing

Litmus

For example, a clothing retailer might segment customers into “trendy teens,” “eco-conscious millennials,” and “luxury-seeking boomers.” Geography (location, climate): Send location-specific offers or seasonal promotions that align with regional preferences or weather patterns.

Health 92
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12 Niche Marketplaces to List Your B2B Services

Neil Patel

Speak to More Customers. It can be easy for many to think of Millennials as “kids,” but the youngest were born in the mid-90’s—meaning 100 percent of Millennials are adults. Thankfully, B2B legacy brands can easily reach the Millennial market without completely revamping their sales strategies.