Millennial shoppers between the ages of 14-35 are the most valuable consumer groups nowadays. Though they don’t comprise most the population, they have the real buying power. If truth be told, they make purchases of $600 billion annually. By 2020, they will constitute almost 50% of the U.S. population and by 2025, the number will increase up to 75%.
Basically, Millennial shoppers are the target market for ecommerce businesses. Right now, every ecommerce marketer wants to market their business to millennials because the money is with them. Nowadays, almost 50% of online sellers are differentiating their marketing efforts according to the consumer groups, leaving you with a whopping chance.
If you prefer to sell your ecommerce business to millennials, you are choosing a great opportunity that is valuable enough and packed with untapped potential. In this blog, I’ll explain a few strategies that you can use to sell your online business to these powerful shoppers.
This was orgiranlly posted by Saher Naseem at Dubai Monsters - See more at: https://dubaimonsters.com/blog/sell-your-ecommerce-business-to-millennials/
