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Did you know that 4 out of 5 IT decision makers use social networks for business purposes? In fact, 73% of them have engaged with a vendor on social. Hear more about the pervasive impact of social on IT purchasing and what marketers must do to adapt, in this groundbreaking study by LinkedIn and Forrester.
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Webinar Presentation: Influencing IT Decisions with SocialLinkedIn
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We also revealed:
• Why and how IT decision makers use social networks
• Which social platforms are most valuable
• How IT marketers like HP have leveraged social to influence decision makers
• Best practices for IT marketers to leverage social in their marketing mix
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- The types of content are key to cultivating interest
- What media is most engaging and effective
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Compared to the average online adult, LinkedIn members spend more on electronics and are more likely to value quality over price. And the most enthusiastic tech consumers, the indulgent techies, are highly engaged on LinkedIn.
Find out how to reach this influential audience as we reveal our latest Consumer Electronics research with Ipsos.
You'll find answers to questions such as:
- What factors drive their electronics purchase decisions?
- How does their mindset differ on LinkedIn, Facebook, and Twitter?
- What does it take to convince indulgent techies to switch brands?
To learn how IT marketers can use social media to build relationships, foster trust, and drive business with the IT Committee, LinkedIn partnered with comScore, Starcom MediaVest Group, and Mashwork.
IT decision makers are flocking to social networks to learn and validate information about their B2B purchases. And it's changing the game for marketers. New research from Forrester, Research Now, and LinkedIn reveals what you need to know to reach this influential audience in today's social landscape. This deck represents a role up of the UK, France and Germany.
Visit http://lnkd.in/affluent for the full report.
Nearly 90% of the Mass Affluent use Social Media -- To understand how social impacts their financial decision making, LinkedIn teamed up with Cogent Research and found that relevant content is key to driving action among this valuable group.
Download the whitepaper at http://lnkd.in/affluent to learn more about:
- The most valuable outcomes from financial companies on social
- Top content expected from banks, brokerages, and credit card companies
- How content expectations differ by Mass Affluent life stage
How Social Media Influences Institutional Investors LinkedIn
Learn from our distinguished panel of speakers from J.P. Morgan Asset Management, Greenwich Associates, and LinkedIn, as we discuss:
- New research into how social media is being leveraged during the institutional investing process.
- Implications for institutional investing and how asset managers are adapting to these trends.
- Best practices and key opportunities to differentiate your brand and influence institutional investors on social media.
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IT Purchasing Goes Social
1. Commissioned by
IT Purchasing Goes Social
How social networks have transformed the B2B purchasing
process – and best practices to make it work for your marketing
North America
CoNDUCTED by
2. Getting social with
IT decision makers
This report explores the dramatic impact social
networks have on the B2B IT purchase process.
Why and how do today’s IT decision makers (ITDMs) use social networks to
inform their purchase decisions? Which social platforms are most valuable?
How can IT marketers effectively leverage social to influence decision makers?
To answer these questions, LinkedIn commissioned Forrester Consulting and
Research Now to conduct two separate surveys of 400 IT decision makers across
a diverse range of industries throughout North America.
The results reveal a dramatic shift in sources of influence, as ITDMs turn to social
to help them quickly validate information, and learn from peers and experts. The
implication for marketers is clear: to meet the changing needs of ITDMs, it is
essential to engage them through social platforms with the content and context
they are looking for. Be sure to read the 5 Best Practices for IT Marketers at the
end of this document.
IT Purchasing Goes Social 01
3. Summary of key findings
IT decision makers use social networks Decision makers turn to social for trust,
regularly for business purposes. efficiency, relevance, and access (TERA).
• 88% of IT decision makers visit a social network Top reasons ITDMs use social for business:
at least monthly • Trust: 58% want to learn from trustworthy peers
• 85% use at least one social network for and 39% want to learn from experts
business purposes • Efficiency: 40% want to quickly find info
• 73% have engaged with a vendor on a social network • Relevance: 37% want relevant context to connect
with vendors
• Access: 49% want access to a broader network
Social networks are a critical source of influence LinkedIn is the preferred social network for IT
across the entire IT purchase process. decision makers, and they incorporate it into
their regular work routines.
• Three in five ITDMs are influenced by at least one
social network during their involvement in the • Out of all IT decision makers who have used social
decision-making process networks for business, 95% use LinkedIn, 45% use
• In each of the five phases of decision making, social personal social networks, and 44% use microblogs**
networks influence nearly half of all ITDMs involved • 75% use LinkedIn monthly or more, while 70% use
in that phase personal social networks and 48% use microblogs**
Unless otherwise indicated, all data is from a commissioned study conducted by Forrester Consulting on behalf of LinkedIn, August 2012.
** LinkedIn/Research Now study of ITDMs in North America, August 2012 IT Purchasing Goes Social 02
4. Social networks:
An invaluable decision tool
IT purchase decisions have grown more complicated than ever. New
technologies and best practices emerge every year—putting unprecedented
pressure on IT to adapt. To add to this complexity, IT decision makers (ITDMs)
are bombarded with information from every direction: trade events, blogs,
vendor websites, newsletters, conferences—each with its own version of reality.
ITDMs are turning to their social networks to validate the sheer amount of
information they receive, and as a result the buyer is taking the lead for when
and where to engage with marketers.
IT Purchasing Goes Social 03
5. They are also active participants,
sharing their own views while
Social usage high among IT decision makers amplifying others’.
IT leaders are avid adopters of social media for business. Most critically from
a marketer’s perspective, 73% of ITDMs have engaged with a vendor on a
social network*—underscoring the value of the channel for direct two-way
conversations between buyers and sellers.
88% Visit at least one social network*
61%
Post or contribute
85% Use at least one social network for business*
at least monthly*
73% Have engaged with a vendor on a social network*
54%
Share, like or
retweet others’
content monthly*
* Commissioned study conducted by Forrester Consulting on behalf of LinkedIn, August 2012 IT Purchasing Goes Social 04
6. Social networks influence the entire purchase process
Contrary to the common misperception that social media’s value for marketers is
restricted to awareness, social networks are a critical source of influence across
the entire IT purchase process. In each of the five phases of decision making,
social networks influence nearly half of all ITDMs involved in that phase.
Today, more ITDMs are influenced in their buying decisions by social networks
(59%) than by online general media publications (46%).*
Influence of social at each stage of decision making*
54% 45% 46% 47% 44%
AWARENESS SCOPE PLAN SELECT IMPLEMENT
* Commissioned study conducted by Forrester Consulting on behalf of LinkedIn, August 2012 IT Purchasing Goes Social 05
7. Key drivers for social
network usage
What explains the rapidly rising popularity of social media among ITDMs?
Social networks help them address key needs best represented by the
acronym TERA: Trust, Efficiency, Relevance, and Access.
IT Purchasing Goes Social 06
8. Top reasons ITDMs use social networks for business*
TRUST EFFICIENCY RELEVANCE ACCESS
58% 40% 37% 49%
Learn from Quickly find Relevant context Access to a
trusted peers information to connect with broader network
vendors
* Commissioned study conducted by Forrester Consulting on behalf of LinkedIn, August 2012 IT Purchasing Goes Social 07
9. How the major social networks compare
ITDMs who use social networks overwhelmingly agree that LinkedIn delivers
on trust, efficiency, relevance, and access. This differentiates LinkedIn from
other networks.
ITDMs consider LinkedIn a trusted channel to validate information**
Provides a
Allows me to Provides a
trusted resource
identify credentials trusted channel
to help validate
of information for vendor
information from
sources information
other sources
29% Microblogs 29% Microblogs 32% Microblogs
35% Personal Social Networks 37% Personal Social Networks 43% Personal Social Networks
71% LinkedIn 58% LinkedIn 55% LinkedIn
** LinkedIn/Research Now study of ITDMs in North America, August 2012 IT Purchasing Goes Social 08
10. ITDMs find more relevant insights LinkedIn allows ITDMs quicker
and context on LinkedIn access to information
Nearly three-quarters of ITDMs who use LinkedIn say that it provides a 54% of ITDMs say that LinkedIn helps them
relevant context to connect with vendors. 71% of ITDMs also report that it get information, opinions,
surfaces insights, information, and opinions that are relevant to and answers quickly.**
their needs.**
Provides relevant context to connect with vendors**
72% LinkedIn
52% Personal Social Networks
39% Microblogs
Enables me
to quickly find
information**
Surfaces insights relevant to my needs**
71% LinkedIn
49% Personal Social Networks
41% Microblogs
34% Microblogs
42% Personal Social Networks
54% LinkedIn
** LinkedIn/Research Now study of ITDMs in North America, August 2012 IT Purchasing Goes Social 09
11. LinkedIn helps ITDMs tap into a broader
network of peers and experts
LinkedIn greatly expands the universe of expertise and viewpoints available
to ITDMs. 86% say that LinkedIn provides access to a broader network
of peers to ask questions or seek opinions and recommendations.**
Provides
Provides access Provides
opportunities
to a broader opportunities
to learn about
network of peers to learn from
experiences from
to ask questions or experts or thought
peers in similar
seek opinions** leaders**
roles**
54% Microblogs 44% Microblogs 35% Microblogs
54% Personal Social Networks 46% Personal Social Networks 49% Personal Social Networks
86% LinkedIn 74% LinkedIn 70% LinkedIn
** LinkedIn/Research Now study of ITDMs in North America, August 2012 IT Purchasing Goes Social 10
12. Preferences for social networks
When it comes to business, IT decision makers favor professional social networks
over other types of social networks. LinkedIn is their clear network of choice,
used by 95% of ITDMs who use social networks for business.**
** LinkedIn/Research Now study of ITDMs in North America, August 2012 IT Purchasing Goes Social 11
13. % used among ITDMs who
use social networks for
LinkedIn usage is high among ITDMs business
This social activity is also incorporated into their regular work routines as a resource for
professional insights. 75% of ITDMs use LinkedIn monthly or more, compared with 70%
for personal social networks and 47% for microblogs.**
% of ITDMs who visit each
social network monthly or more** 95%
LinkedIn**
75% LinkedIn
70% Personal social networks
47% Microblogs
% of ITDMs who read content on
each social network monthly or more**
45%
71% LinkedIn Personal Social Networks**
68% Personal social networks
45% Microblogs
44%
Microblogs**
** LinkedIn/Research Now study of ITDMs in North America, August 2012 IT Purchasing Goes Social 12
14. ITDMs are especially
active on LinkedIn
Most importantly for B2B marketers, IT buyers engage with vendors more on LinkedIn than
on other social networks. 68% of ITDMs have followed a vendor’s page or joined its group
on LinkedIn – well above the roughly 55% who follow vendors on personal social networks
or microblogs.***
68%
The gap between LinkedIn and other channels will only grow. Nearly a quarter of ITDMs
plan to increase their usage of LinkedIn over the coming year. In fact, LinkedIn leads
growth among current users of all information channels, traditional and digital.**
have followed a vendor’s page
or joined its group on LinkedIn
I find LinkedIn is the only social
networking site I would use when IT 60%
decision making is concerned.
– IT Manager
more likely to use
LinkedIn Today
3x
more connected
4x
more likely to follow
tech companies
** LinkedIn/Research Now study of ITDMs in North America, August 2012
*** LinkedIn internal data, August 2012 IT Purchasing Goes Social 13
15. Global trends
We conducted this research in other markets and found that the pervasive
influence of social networks was consistent around the world.
India and Brazil lead other countries in social network usage. In fact, 100%
of ITDMs in India and 98% in Brazil visit at least one social network monthly,
compared to a global average of 89%. As a result, ITDMs in these two countries
are 29% more likely to engage with vendors than the global average.*
Global
UK FRANCE GERMANY INDIA AUSTRALIA BRAZIL
Avg.
Visit at least one
social network 89% 90% 86% 77% 100% 87% 98%
monthly
Visit at least one
social network 84% 81% 83% 75% 92% 78% 95%
for business
* Commissioned study conducted by Forrester Consulting on behalf of LinkedIn, August 2012 IT Purchasing Goes Social 14
17. 01 02
Develop a trusted presence Add value during the
on the most relevant channels entire purchase process
Be present in the social channels that are most Social influences the entire purchase process.
trusted and relevant—including LinkedIn, where Therefore brands need to be prepared to respond
ITDMs agree the level of trust with vendors is to their audience’s needs from the awareness phase,
greater. Establish trust by providing the expertise all the way to purchase and implementation. Make
and information your audience needs. Sometimes, sure you understand what kind of information your
this means helping people make a purchase decision, buyers need, and when—and make sure you don’t
but just as often it can involve objective expertise stop adding value once the deal has been closed.
on a particular technology, standard, or trend.
Top 3 types of content sought in each stage of IT decision-making
AWARENESS SCOPE PLAN SELECT IMPLEMENT
Product solution
01 Case studies Best practices Best practices Case studies
demos
How-to guides/
02 IT industry news Case studies Best practices Best practices
checklists
Expert ratings,
Product solution Product solution Diagnostic or
03 Best practices reviews,
demos demos assessment tools
testimonials
IT Purchasing Goes Social 16
18. 03 04 05
Target influencers Provide insights Listen to when, where,
who can spread that match your and how ITDMs want
your messages customers’ needs to engage
Given the importance of peer Today’s buyers dictate when and Pay attention to when, where,
opinions and recommendations, where they want to engage. As and how your audience wants to
target your marketing to the a result, marketers must attract engage, and encourage dialogue
most active and influential customers with content that helps among customers as well as with
individuals who can amplify to solve their needs. Lead with your brand. Think of yourself as
your message. Many marketers insights and solutions, not your hosting a gathering of industry
overlook one of the simplest product. And focus on quality of professionals rather than giving
and most effective ways to do content, as that is most influential a presentation at a conference:
this on social: posting updates in motivating IT decision makers are you listening as well
to their followers. These should to follow your brand. Content as speaking?
include not only company developed by respected thought
and product announcements, leaders and experts will be more
but also comments on industry credible and valuable for buyers
news, trends, and other relevant while highlighting your industry
developments of interest to leadership and connections.
your target audience.
IT Purchasing Goes Social 17
19. Engage IT decision makers
in the right context.
Let LinkedIn help. Contact us at marketing.linkedin.com/contact.
These two research studies were commissioned by LinkedIn and conducted by
Forrester Consulting and Research Now in August 2012. Two separate surveys
were conducted of 400 IT decision makers in North America (305 U.S., 95 Canada).
Respondents’ job functions included approximately 70% in IT and 30% in business.