Millennials

Satisfaction Rises among Clients Using Financial Advisors, but Lack of Loyalty among More Affluent Millennials Sets Stage for Future Challenges, J.D. Power Finds

Retrieved on: 
Thursday, March 21, 2024
Personal Finance, Technology, Finance, Consulting, Millennials, Professional Services, Data Analytics, Consumer, Generation X, Artificial Intelligence, Weakness, Intelligence, Risk, J.D. Power, AI, Traction, Multimedia, Weather, Financial adviser

Full-Service Investor Satisfaction Study,SM which finds a significant 8-point (on a 1,000-point scale) year-over-year increase in investor satisfaction.

Key Points: 
  • Full-Service Investor Satisfaction Study,SM which finds a significant 8-point (on a 1,000-point scale) year-over-year increase in investor satisfaction.
  • Younger affluent clients present greatest flight risk: Intended attrition rates tend to be very low among clients with advisors, especially among Gen X and older clients.
  • A potential factor in this lack of loyalty is that 70% of affluent Millennials have a secondary investment firm.
  • Furthermore, advisors who take the time to help clients understand and engage with digital channels are consistently driving higher levels of investor satisfaction.

U.S. Shoppers Are Under the Influence: 74% of Consumers Have Purchased a Product Because an Influencer Recommended It

Retrieved on: 
Wednesday, March 20, 2024
Technology, Content Marketing, Electronic Commerce, Communications, Digital Marketing, Social Media, Retail, Influencer, Online Retail, Millennials, Internet, Hobby, Gen, Social media, Generation Z, Online shopping

Taking insights from 1,011 U.S. consumers, ages 18 to 65+, the survey found that three out of four shoppers have purchased a product or service because an influencer recommended it, highlighting how influencer marketing has revolutionized consumers’ purchase decisions.

Key Points: 
  • Taking insights from 1,011 U.S. consumers, ages 18 to 65+, the survey found that three out of four shoppers have purchased a product or service because an influencer recommended it, highlighting how influencer marketing has revolutionized consumers’ purchase decisions.
  • “The survey’s results show that creator content is a critical part of the buyer journey for the modern consumer.
  • “Brands need to be where their customers are and they can show up in potential consumers’ daily lives through authentic creator content.
  • In fact, 68% of consumers chose to visit a specific location, like a theme park or travel destination, because they saw it recommended on social media.

Venba Wins the Seumas McNally Grand Prize at the 26th Annual Independent Games Festival Awards

Retrieved on: 
Thursday, March 21, 2024
Online, Mobile Entertainment, Generation Z, Events, Concerts, Generation X, General Entertainment, Women, Teens, Millennials, Children, Men, Electronic Games, Entertainment, Lifestyle, Consumer, Narrative, Diamond, Moscone Center, Game Jolt, Independent Games Festival, GDC, Award, Conference, Grief, Royal Diamond, Patient, Beat Saber, IGF, Amanita Design, Virus, Seumas, Love, Family, Collection, Prize, Venpa, Anthology

Visai Games’ Venba won the Seumas McNally Grand Prize for Best Independent Game at the 26th annual Independent Games Festival (IGF) Awards tonight.

Key Points: 
  • Visai Games’ Venba won the Seumas McNally Grand Prize for Best Independent Game at the 26th annual Independent Games Festival (IGF) Awards tonight.
  • The IGF Awards is the longest-running festival, summit and showcase honoring the most innovative and excellent independent games of the past year.
  • Developed by Visai Games, Venba is a narrative cooking game in which players experience life as an Indian mom who has immigrated to Canada with her family in the 1980s.
  • In addition to the Grand Prize, Venba was also nominated in the Excellence in Audio, Narrative and Visual Art categories.

Methamphetamine Use in California Reaches All-Time High in People Who Use Fentanyl, Adding Fuel to the Fentanyl Crisis

Retrieved on: 
Wednesday, March 20, 2024
Mental Health, Men, Law Enforcement, Emergency Services, General Health, Public Policy, Government, Hospitals, Millennials, Nursing, Consumer, Health, Public Safety, Generation Z, State, Local, Generation X, Other Health, Teens, Women, Methamphetamine, Multimedia, Fentanyl, Drug

In 2023, a record 62,224 pounds of fentanyl were seized in California, an increase of 1,066% since 2021 – enough fentanyl to potentially kill the global population nearly twice over1.

Key Points: 
  • In 2023, a record 62,224 pounds of fentanyl were seized in California, an increase of 1,066% since 2021 – enough fentanyl to potentially kill the global population nearly twice over1.
  • While the state continues to grapple with this ongoing crisis, a dangerous trend in the co-use of methamphetamine has emerged that may significantly impact an already challenging situation.
  • According to Millennium Health’s Signals Report™ for California, a staggering 72% of urine drug test specimens collected in 2023 from those who used fentanyl also contained methamphetamine, an increase of 2,235% since 2013.
  • View the full release here: https://www.businesswire.com/news/home/20240320277270/en/
    Methamphetamine positivity rates among people who use fentanyl for seven of the most-populated counties in 2023 were:

New MyAdviser Super-App to Provide Graduates “Adulting Tools” for Vital Needs Ranging from Banking to Insurance, Credit Cards to Car Buying and Everything In Between

Retrieved on: 
Tuesday, March 19, 2024
Insurance, Technology, Generation Z, University, Finance, Education, Banking, Apps, Applications, Other Consumer, Professional Services, Teens, Millennials, Software, Consumer, Internet, Mobile, Wireless, Student, Multimedia, Hand, Nursing

As an example, MyAdviser can connect users with local financial professionals and companies to assist in saving, investing, obtaining credit cards, loans, insurance and more.

Key Points: 
  • As an example, MyAdviser can connect users with local financial professionals and companies to assist in saving, investing, obtaining credit cards, loans, insurance and more.
  • Essentially, MyAdviser navigates complexities of identifying the right needs for each individual and connects them to expert guidance, free of charge.
  • Everyone who signs up for MyAdviser will receive a Grad Pack worth thousands of dollars in retail products, discounts and services.
  • MyAdviser anticipates users will take part in the program for multiple years, with millions registering annually.

Turning Clutter into Cash: Nextdoor Insights Reveal an Upcycling Opportunity in America’s Annual Spring Cleaning Trend

Retrieved on: 
Tuesday, March 19, 2024
Lifestyle, Other Communications, Women, Seniors, Communications, Social Media, Men, Millennials, Generation Z, Generation X, Consumer, Ceramic, Multimedia, Sale, Research, Movement, Motivation, Exercise, Car, Content, Iron

Nextdoor (NYSE: KIND), the essential neighborhood app, today released insights exploring attitudes and intentions for the annual American tradition, spring cleaning.

Key Points: 
  • Nextdoor (NYSE: KIND), the essential neighborhood app, today released insights exploring attitudes and intentions for the annual American tradition, spring cleaning.
  • View the full release here: https://www.businesswire.com/news/home/20240319216633/en/
    According to survey results conducted by Nextdoor, 86% of Americans plan to participate in spring cleaning 2024, with the number jumping to 91% for Nextdoor users.
  • “Spring cleaning is a real nationwide phenomenon,” said Chris Klotzbach, Head of Product and Content Marketing at Nextdoor.
  • In 2023, Nextdoor’s For Sale & Free saw 10% more listings per month in the spring, showing a new facet in American’s cleaning rituals: turning clutter to cash.”
    To learn more about Nextdoor’s survey of spring cleaning habits, visit the Nextdoor for Business Insights page .

LegalShield Consumer Stress Legal Index: February Results Show Persistent Elevated Consumer Stress Amid Interest Rate Holding Pattern

Retrieved on: 
Tuesday, March 19, 2024
Personal Finance, Finance, Consulting, Professional Services, Legal, Consumer, Millennials, Conference, Gen, The Conference Board, United States census, Intelligence, Name, Generation X, Federal, University, CSLI, University of Michigan, Tick, Consumer confidence index, Housing, Index, Heart, Workforce, Federal Reserve, LegalShield, Multimedia, Data, Ageing, Divorce, Cryptocurrency

LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.

Key Points: 
  • LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.
  • View the full release here: https://www.businesswire.com/news/home/20240319099667/en/
    LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.
  • The latest results from The Conference Board and University of Michigan were foretold by LegalShield’s December 2023 CSLI report .
  • The index is built on three sub-indices tracking calls for legal assistance for issues related to Consumer Finance, Bankruptcy and Foreclosure.

US Foods Spring Scoop Introduces Great Tasting Menu Solutions Aimed at Trending Dietary and Lifestyle Preferences

Retrieved on: 
Monday, March 18, 2024
Men, Family, Restaurant, Bar, Fitness & Nutrition, Millennials, Consumer, Lifestyle, Publishing, Packaging, Food, Beverage, Generation Z, Generation X, Communications, Manufacturing, Retail, Other Consumer, Women, Sprouts, Flour, Garlic, Taste, Head, FD, Fungus, US Foods, FD&C, MSG, Plant, Cheese, Honey, Multimedia, Metro

US Foods Holding Corp. (NYSE: USFD) – one of America’s leading food service distributors – announced today the launch of its Spring 2024 Scoop™.

Key Points: 
  • US Foods Holding Corp. (NYSE: USFD) – one of America’s leading food service distributors – announced today the launch of its Spring 2024 Scoop™.
  • “With Spring Scoop, we’ve delivered a variety of on-trend, high-quality products that can meet specific preferences, while also appealing to all diners regardless of their dietary or lifestyle choices.
  • Most importantly, all products help save operators back-of-house labor and are highly versatile without sacrificing flavor.”
    US Foods “Serve You” products appeal to diners who want more personalization given their dietary and lifestyle preferences are great tasting and can work across a variety of menu options.
  • To view all the new products featured in Spring Scoop, visit the company’s Scoop webpage at usfoods.com/springscoop .

Blue Yonder Survey: Consumers Willing to Prioritize Sustainability Over Price, Convenience

Retrieved on: 
Monday, March 18, 2024
Automotive, Other Manufacturing, Consumer Electronics, Technology, Delivery Services, Other Retail, Sustainability, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, Consumer, Environment, Retail, Transport, Home Goods, Software, EV, Electric Vehicles, Other Consumer, Online Retail, Millennials, Household, EVS, Blue Yonder, Electric vehicle, Research, History, Anxiety, Food, Carbon, Generation Z, Habit, Multimedia, Gen, Delivery, Online shopping

View the full release here: https://www.businesswire.com/news/home/20240318608545/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240318608545/en/
    “We’re encouraged to see that the majority of consumers take sustainability into account when making purchasing decisions,” said Saskia van Gendt, chief sustainability officer, Blue Yonder.
  • An impressive 83% of consumers reported that they are willing to delay deliveries if an incentive is given to do so.
  • Skepticism Toward Sustainability Claims: Consumers’ enthusiasm for sustainability isn’t superficial, and they tend to think critically about brands’ claims.
  • Blue Yonder collected responses between Feb. 21-22, 2024, from more than 1,000 U.S.-based consumers, 18 years and older, via a third-party provider for this Consumer Sustainability Survey.

United Kingdom Social Commerce Market Databook 2024-2029: Social Media Platforms have Emerged as a Strong Revenue Generator for Smaller Businesses - ResearchAndMarkets.com

Retrieved on: 
Monday, March 18, 2024
Luxury, Other Retail, Supermarket, Consumer, Food, Beverage, Fashion, Retail, Lodging, Travel, Small Business, Public Relations, Investor Relations, Millennials, Marketing, Communications, Generation Z, Professional Services, Social Media, Home Goods, Other Consumer, Online Retail, EMarketer, Algorithm, Confusion, Growth, Klarna, Social commerce, Meta, Social media, Operational definition, Commerce, Traction

The social commerce market is poised to grow at a steady rate over the medium term in the United Kingdom.

Key Points: 
  • The social commerce market is poised to grow at a steady rate over the medium term in the United Kingdom.
  • Small businesses, in the United Kingdom, are increasingly making use of social channels to reach their targeted customers.
  • Overall, a positive growth outlook is expected for the social commerce market over the next three to four years in the United Kingdom.
  • This shows that while Meta is dominating the social commerce market in the United Kingdom, TikTok is gaining ground rapidly among social buyers.