Remove Customer Acquisition Remove Millennials Remove Promotion
article thumbnail

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
article thumbnail

DIY, Home and Garden marketing: Tips to elevate your advertising

illumin

An example would be highlighting comparative offers for Diligent Buyers or offering bundled discounts and promotional offers if they purchase X number of times for Spontaneous Buyers. If you wait until June or July to launch ads or offer promotions, you risk losing potential customers who likely made their decisions months earlier.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 109
article thumbnail

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 134
article thumbnail

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 96
article thumbnail

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 120
article thumbnail

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 102