Remove Customer Acquisition Remove Millennials Remove Promotion
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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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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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NPS: What is a Net Promoter Score and Why Should You Care?

Hootsuite

This is even more so true for generation Z and millennials. Given how common it is to perform online research before trying out a new product or service, your business can be one tweet away from attracting or repelling future customers. That’s where a Net Promoter Score, also called an NPS score, can help. Source: MailChimp.

Promotion 132
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How to Segment Your Audience for Successful Lifecycle Marketing

Litmus

Psychographics (values, interests, lifestyle): Align messaging with customers’ values to deepen brand loyalty. Geography (location, climate): Send location-specific offers or seasonal promotions that align with regional preferences or weather patterns.

Health 93
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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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What are diversity, equity and inclusion, and why marketers need them

Martech

The benefits of diversity and inclusion can be seen in stock and revenue performance, hiring and retention and customer acquisition and loyalty. In fact, 46% of customers will pay more for products and services from brands they trust, according to a Salsify survey. Employee acquisition and retention.

Gen Z 100
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Why Social Shopping Could be the Future of E-Commerce [Top Trends & Data from 500+ Social Commerce Pros]

Hubspot Marketing

Within Gen Z, Millennials, and Gen X, social media is the preferred channel for product discovery. These promotional strategies align with the previous section’s discussion on strategies for awareness in the buyer’s journey, thus creating a flywheel effect. As seen in our Consumer Trends survey, social media is the future of shopping.

Gen Z 135