Sales & Marketing news

• 6 reasons why more millennials aren't buying homes

  10-06-2017 19:21 via feedproxy.google.com
  
  Millennial homeownership in the US is at a record low.
  The age range of millennials — Bank of America Merrill Lynch economists used 25 to 34 — is usually prime time for purchasing a first family home. That demographic factor is one reason why some housing economists are bullish on demand.
  However, the data has not yet caught up. 
  "We believe the delay in homeownership is due to tighter credit standard and lifestyle changes, including delayed marriage and chil
  
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• STEVEN BREGMAN: America's hottest investment product has created 'the greatest bubble ever'

  10-06-2017 18:21 via feedproxy.google.com
  
  The shift away from active investing and towards passive strategies and indexing has created "the greatest bubble ever," says Steven Bregman, the co-founder of Horizon Kinetics. 
  Money has flowed from active managers since the financial crisis amid low returns and high fees, in favor of exchange-traded funds that track other assets and indexes. 
  US-listed ETFs saw $283 billion in net inflows in 2016, taking aggregate assets under management to $2.5 trillion, accordi
  
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• 'Psychologically scarred' millennials are killing dozens of industries — and it's their parents' fault

  10-06-2017 17:43 via feedproxy.google.com
  
  Millennials are threatening dozens of industries.
  They don't buy napkins. They won't play golf. They aren't buying homes or cars. And they're not even eating at Buffalo Wild Wings.
  Millennials' financial decisions have been heavily covered by media organizations — something that has infuriated many of the generation, as news that "millennials are killing" another industry has become a common headline.
  "This is just some more millennial-blaming B.S.," one reader wrote in response to a
  
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• Millennials are killing chains like Buffalo Wild Wings and Applebee's

  10-06-2017 17:32 via feedproxy.google.com
  
  Casual dining is in danger — and millennials are to blame.
  Brands such as TGI Fridays, Ruby Tuesday, and Applebee's have faced sales slumps and dozens of restaurant closures, as casual-dining chains have struggled to attract customers and increase sales.
  "Casual-dining restaurants face a uniquely challenging market today," Buffalo Wild Wings CEO Sally Smith recently wrote in a letter to shareholders.SEE ALSO: Buffalo Wild Wings CEO hits back at activist investor and blames chain's pr
  
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• Tesla is hurtling toward $400 a share (TSLA)

  10-06-2017 06:31 via feedproxy.google.com
  
  What could be more all-American than the newest — and largest, by market capitalization — American car company busting through a fresh barrier for its surging stock price?
  Tesla has gone from trading at about $250 per share last year to, as of Friday, trading at $375. The 13-year-old company is up 22% over the past 30 days alone. Since its 2010 IPO, it's up almost 1,300%.
  During this period of time, the carmaker has rarely notched a profit and is still selling less than 100,000 vehic
  
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