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4 Ways Gen Y Is Changing the B-to-B Sales Process

July 21, 2010 By Hallie Mummert
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With this in mind, let's take a look at some of the ways B-to-B marketers can address the effect Gen Y is having on the selling process.

1. Match your approach to the participants involved in the buying process.
"The leading edge of these millennials is getting closer to 29 years old," Brohan notes—meaning that while more are moving into areas of purchasing responsibility, the majority are key influencers. "They're the ones that do all the research, write up the report and provide recommendations to their bosses and beyond," Brohan explains.

With two to three different generations involved in the typical B-to-B purchasing decision, Needles advises marketers to match their communications to each stage, and thus each group. To reach Gen Y audiences during the research phase, it's important to use digital tactics (webinars, Twitter and blog posts) to draw in this tech-savvy market; your goal is get them thinking in tandem about your firm with the problem their company is facing so you can become part of their solution set. Then, he says, when you're further down the buying process, when a Gen X or boomer manager might get brought into the evaluation and decision-making stage, a marketer will want to be prepared for more traditional sales tactics (RFPs, phone calls, in-person visits).

2. Today's influencer is tomorrow's decision-maker.
Needles notes that plenty of B-to-B professionals are not taking new media seriously, making jokes about Twitter and questioning its influence on sales. He cautions against that short-term thinking. "The truth is," he says, "[new media] are a big part of the upstream education of and influence on people who are doing the evaluation stage. So, if you don't take those media seriously ... you could then set a bad precedent where you may or may not have gotten the sale today, but what kind of relationship are you building with this Gen Y, millennial buyer who in five or 10 years is going to be the boss?"

Colman Brohan Davis' research also indicated that boomer and Gen X managers see their Gen Y colleagues as trendsetters from whom they learn new tricks. The psychographics of Gen Y are greatly different, Brohan points out, noting that this group is always on the hunt for ways to work more efficiently so they can work less. "They're an audience that appreciates a work-life balance more than any of us have before them; it's almost as if their family comes first, their causes come second and then their career comes third. So any way they can drive efficiencies, not be in so many meetings, get things done faster with the same amount of quality—they're going to lead the way [on this front].

3. "Twitter's only for boomers" is a misconception.
Another finding from the Colman Brohan Davis study of Gen Y is their emerging use of Twitter. A verbatim comment defined Twitter as "the place where you go for ideas." For Brohan, this was an interesting outcome, given that a key goal of B-to-B marketing is to arm prospects with the information and tools to make their jobs easier—or "make them heroes," as she says. If Gen Y is looking at Twitter for ideas, they might get suggestions from your company's posts, and thus build your authority with this group.

4. Don't ignore traditional media for Gen Y.
As noted earlier, Gen Y businesspeople leverage every piece of information available to help them better serve their companies. An integrated marketing approach definitely can involve offline media. "One of the things we found was that Gen Y appreciates direct mail; it seems like it becomes a psychological break in their day to pick up something that's landed on their desk," says Brohan.

And while the survey respondents did indicate some resistance to e-mail, Brohan believes that Gen Y is not unique on this front. Rather, she explains, buyers are pushing back on any channels where they feel inundated with irrelevant marketing contact.


 

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COMMENTS

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Most Recent Comments:
Hallie Mummert - Posted on July 22, 2010
Tatjana - I hear what you're saying ... and you're not the only one! So we'll be sure to cover how to measure ROI for Twitter posts vs. other types of direct marketing activity. In the meantime, here's the story of how a hotel is tracking sales against Twitter marketing: http://bit.ly/atAu5h
Tatjana Maguire - Posted on July 22, 2010
Good article but I'm still not sold on Twitter....I have yet to find an organization that has successfully measured any ROI against a focused message on twitter...perhaps an interesting topic for another article...
Hallie Mummert - Posted on July 22, 2010
Laura - I don't have a copy of the full report myself, but here's a link to it on the Colman Brohan Davis site (requires registration): http://bit.ly/bkhG5p
Laura Hoffman - Posted on July 21, 2010
Very interesting article, and aligns with some of our internal research as well on buyer profiles and sales lead funnel.

I would really love to read your report if possible. Could you send me a link or email the summary document?
Click here to view archived comments...
Archived Comments:
Hallie Mummert - Posted on July 22, 2010
Tatjana - I hear what you're saying ... and you're not the only one! So we'll be sure to cover how to measure ROI for Twitter posts vs. other types of direct marketing activity. In the meantime, here's the story of how a hotel is tracking sales against Twitter marketing: http://bit.ly/atAu5h
Tatjana Maguire - Posted on July 22, 2010
Good article but I'm still not sold on Twitter....I have yet to find an organization that has successfully measured any ROI against a focused message on twitter...perhaps an interesting topic for another article...
Hallie Mummert - Posted on July 22, 2010
Laura - I don't have a copy of the full report myself, but here's a link to it on the Colman Brohan Davis site (requires registration): http://bit.ly/bkhG5p
Laura Hoffman - Posted on July 21, 2010
Very interesting article, and aligns with some of our internal research as well on buyer profiles and sales lead funnel.

I would really love to read your report if possible. Could you send me a link or email the summary document?