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Article Marketing / Communications 1 min read

Data: How Millennials Want to Do Business

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In a survey of executives responsible for business-to-business purchasing decisions, millennials showed clear preferences for researching and engaging with vendors that differed from their organizations’ current practices. Association membership recruiters and industry suppliers, take note.

Millennials: How does your organization engage with vendors during the sales cycle currently, and how would you prefer to engage with vendors?

Face-to-face meetings:

Current:

69%

Would prefer:

24%

Email:

Current:

37%

Would prefer:

69%

Phone:

Current:

22%

Would prefer:

62%

Social Media:

Current:

21%

Would prefer:

19%

Live/video chat:

Current:

20%

Would prefer:

21%

Text message and other IM:

Current:

18%

Would prefer:

24%

Source: “To Buy or Not to Buy? How Millennials Are Reshaping B2B Marketing  (opens in a new tab),” IBM Institute for Business Value, 2015

Tags: #Identity Groups #industry partners #Marketing #millennials #Sponsor #vendor management #Vendor Selection & Management

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