Now the largest generation worldwide, Gen Z accounts for nearly 68 million people in the US alone. As Gen Zers age, financial services providers will be increasingly pressed to shift focus to the burgeoning demographic.
As digital natives, Gen Zers are more receptive to influence from friends and family than traditional advertising. For marketers, strategists, and developers, understanding Gen Z's unique needs — and creating and marketing products accordingly — will be critical to reaping their value.
In Financial Services: 6 Key Attributes to Attract Gen Z, Business Insider Intelligence provides a six-point framework that highlights core traits of the demographic, which banks and payments firms can use to attract, engage, and retain Gen Zers.
See the rest of the story at Business Insider
See Also:
- Amazon and Goldman Sachs are partnering on a lending product for Amazon sellers through Marcus
- Alt lender Prospa's increase in revenue and loans was likely spurred on by coronavirus-related measures
- Goldman Sachs is temporarily halting access to its high-yield savings accounts for new customers in the UK
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