Looking at the current financial institutions, although they all want to attack the market of Generation Z, the traditional model still erects a high wall. For example, the discounts of traditional credit cards are mainly tied to entities, but for Gen Z consumers, they value digital experience and are accustomed to online consumption, whether it is 3C supplies, cosmetics, daily necessities, and even insurance and other services can be done on the e-commerce platform , the physical preferential method is not enough for Gen Z.
In addition, in the past, the credit card verification process was complicated and took a long time, especially for Gen Z, who are novices of photo retouching service credit cards and do not have any credit history, the waiting process for the card verification will also be long; , all require that the conditions be completed within 30 to 50 days after the card is checked, but it takes a few days from the check of the card to the time when the card is obtained, which has also raised the threshold for discounts. After getting a credit card, the current consumption desire of Generation Z has disappeared.
Although the traditional credit card consumption method has a pull on the Z generation, it is still necessary to prescribe the right medicine according to the consumption habits of the Z generation. photo credit: shutterstock Although the traditional credit card consumption method has a pull on the Z generation, it is still necessary to prescribe the right medicine according to the consumption habits of the Z generation.