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This Is How Millennials Will Shop This Holiday Season - Netsville

Now that Halloween is behind us any trip into a Wal-Mart or department store will tell you it is time to get ready for the holiday season. Everyone has that one friend that starts playing Bing Crosby on November 1st. The hysteria is real and the only option as an internet vendor is to lean in. Consumers are prowling the internet looking for deals and shopping outside of their normal patterns while they look for the perfect gifts for all the special people in their lives. This means that your site may have an influx of new eyeballs. This time of the year is when E-commerce stores need to be at their sharpest. To make sure you can convert these new leads take Netsville’s Free Digital Property Analysis. Also, check out this article from Forbes contributor Michael  Osborne about the upcoming holiday hysteria!

This Is How Millennials Will Shop This Holiday Season

Retail 

We read about millennials all the time and for good reason. With increasing spending power and quickly changing buying habits, this lucrative generation is getting even more challenging to serve well. And once again this year, they’re teeing up to be the season’s biggest shoppers, with older millennials predicted to spend almost $800 on average.

Before you lock down your holiday plans any day now, be sure to answer these key questions: Have you taken into account which promotions millennials favor most? What messaging will convince them to spend their largest-ever pool of dollars—and most importantly, spend it with you? Have you done all that you can to capture their attention during this highly competitive season and retain it into 2019?

Here are some critical points to ensure the best possible holiday for your millennial customers, and in turn, for you:


Just send them the “good stuff.”

Millennials are flooded with marketing messages everywhere. Their mobile devices are crammed with social and shopping apps, and even their feeds are delivering more and more ads. So if you’re going to email them, make it count. The emails you send have to be relevant, timely, and valuable. If your holiday strategy is to stick with mass marketing, it won’t make it through the fast-filter, nor will it impress millennial shoppers.

 

Use behavioral data to ensure you’re only sending the promotions that speak to them individually—like relevant product categories, items they’ve browsed or carted before, or specific offers timed just right based on predicted purchase behaviors. Steer clear of traditional batch-and-blast because millennials will quickly tune you out the rest of the season.


Personalize or be forgotten fast.

70% percent of millennials say they’re frustrated with receiving emails that have nothing to do with their interests. With an already short fuse, they’re not going to stick around and wait for you to get it right. If you inundate them with irrelevant content or communicate at times that don’t make sense to them, you’ll be forgotten.

Personalize everything you send their way so they actually want to get the next message from your brand. If you fail to connect with millennial shoppers, you’ll lose their loyalty, and re-earning it is slow and expensive. Even simple emails can have personal touches and reminders of previously browsed or carted products which continue to speak to how you “know them”—this will keep them paying attention.


Short attention spans demand reminders.

Speaking of attention spans, they’re getting shorter and shorter for everyone, and millennials are definitely no exception. They will switch devices, switch sites and switch apps non-stop, and 95% of millennials admit to doing so in the middle of shopping and carting products.

With that in mind, don’t wait days to send reminders for those abandonment and browse activities; send them almost instantly. Because of the way millennials shop and browse, fast reminders aren’t annoying—they’re welcomed and necessary to jog their memory, and make it convenient to finish what they were doing before distraction hit.


Show them what’s new and what’s back in stock.

Parlaying on the reminders theme, millennial shoppers love two things: what’s new, and getting a deal on the items they want. More and more, we’re seeing “what’s new” alerts receive a great response from all consumers, especially millennials. Send specific category and product emails to the browsers on your site and previous buyers that you know will resonate.

When you have new products or product line launches this holiday season, predict who may respond based on your customers’ previous interactions with your brand, and let them in on the launch early. The feeling of being treated like a VIP definitely drives millennial behavior. And when something they tried to buy didn’t have their size or was out of stock completely, let them know when it’s available again. If there’s a promotion they can take advantage of at the same time, even better.


In-store still matters
.

We’ve talked a lot about the online experience and marketing via digital channels, but millennials still love to shop in physical stores. Over 50% say they prefer it.

Read More at Forbes

Based in Rochester, New York, Netsville is an Internet Property Management company specializing in managing the Digital Marketing, Technical, and Business Solutions for our customers since 1994. For more information, please click here.