Data: How Millennials Want to Do Business

Business Operations Associations Now May/June 2015

A new survey shows millennials' preferences for B2B interactions differ in some key ways from organizations' current practices.

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," IBM Institute for Business Value, 2015