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B2B	
  Buyer    	
  
                         Behavior  	
  
                      Research	
  into	
  the	
  new	
  preferences	
  and	
  
                         expecta6ons	
  of	
  business	
  buyers   	
  


Presented	
  by	
                                                     Sponsored	
  by	
  
Welcome	
  Webinar	
  A4endees	
  




                  Type	
  ques:on	
  here	
  
Follow	
  this	
  webinar	
  on	
  Twi4er	
  




       #B2BBuyer	
  
About	
  Demand	
  Gen	
  Report	
  
•    Launched	
  in	
  2007	
  to	
  track	
  best	
  
     prac6ces	
  in	
  lead	
  genera6on	
  
•    NewsleBer	
  has	
  grown	
  to	
  more	
  
     than	
  26,000	
  readers	
  
•    We	
  also	
  offer	
  a	
  menu	
  of	
  research	
  
     and	
  best	
  prac6ces	
  reports	
  	
  
•    New	
  audio/video	
  podcasts	
  at	
  
     DemandGenReport.com	
  	
  	
  


@DG_Report
http://linkd.in/DG_Specialists
Panelists	
  




         Atri	
  ChaBerjee	
            Andrew	
  Gaffney	
  
       Chief	
  Marke6ng	
  Officer	
          Editor	
  
          Act-­‐On	
  SoEware	
         Demand	
  Gen	
  Report	
  
Digital	
  DNA	
  

              start	
  buying	
  process	
  on	
  web	
  search	
  



                     go	
  directly	
  to	
  vendor	
  web	
  site	
  


              turn	
  to	
  social	
  media/peer	
  reviews	
  


                     conducted	
  anonymous	
  research	
  
                     of	
  a	
  select	
  group	
  of	
  vendors	
  
Crowdsourcing:	
  Growing	
  Role	
  of	
  Social	
  


             followed	
  group	
  discussions	
  to	
  learn	
  about	
  topic	
  


                  connected	
  with	
  though	
  leaders	
  
                  through	
  social	
  networks	
  


             posted	
  ques6ons	
  on	
  social	
  networking	
  sites	
  
Early	
  Stage	
  Buyer	
  Behavior	
  

ATer	
  ini6al	
  research:	
  


                       developed	
  a	
  short	
  list	
  of	
  
                       poten6al	
  providers	
  


                             collected	
  info	
  to	
  build	
  
                             the	
  business	
  case	
  

                       cited	
  breadth	
  of	
  informa6on	
  as	
  
                       cri6cal	
  vendor	
  asset	
  at	
  this	
  stage	
  
The	
  Budget	
  Reali:es	
  of	
  the	
  Agile	
  Buyer	
  


  said	
  project	
  was	
  ini6ally	
  unbudgeted;	
  funds	
  
  allocated	
  AFTER	
  impact	
  was	
  determined;	
  


only	
  

           said	
  budget	
  was	
  pre-­‐approved	
  and	
  
           allocated	
  at	
  the	
  beginning	
  of	
  the	
  year;	
  




 set	
  budget	
  aTer	
  solici6ng	
  mul6ple	
  bids	
  
ShiEs	
  in	
  the	
  Sphere	
  of	
  Influence	
  


said	
  more	
  internal	
  team	
  members	
  provided	
  input;	
  



       said	
  4	
  or	
  more	
  people	
  were	
  
       involved	
  in	
  the	
  purchase	
  process;	
  



said	
  C-­‐Level/Exec	
  CommiBee	
  were	
  involved;	
  



       said	
  marke6ng	
  was	
  involved	
  
Buy	
  Side	
  or	
  Sell	
  Side?	
  

ShiTing	
  	
  course	
  of	
  engagement:	
  


                            of	
  buyers	
  don’t	
  interact	
  with	
  a	
  solu6on	
  provider	
  
                            un6l	
  AFTER	
  establishing	
  a	
  preferred	
  list	
  of	
  venders	
  


                                   aTer	
  the	
  conduc6on	
  of	
  ini6al	
  research	
  
                                   on	
  op6ons	
  


                            AFTER	
  pung	
  out	
  RFPs	
  or	
  preparing	
  to	
  
                            nego6ate	
  terms	
  
Deal	
  Makers	
  or	
  Breakers	
  

How	
  important	
  was	
  the	
  following	
  in	
  
selec6ng	
  the	
  provider	
  you	
  chose:	
  




            said	
  6melines	
  of	
  response	
        selected	
  relevance	
  
            as	
  top	
  choice	
                       of	
  informa6on	
  
Won/Lost	
  Influencers	
  
              Average	
  ra6ng	
  on	
  purchase	
  	
  
           experience	
  as	
  only	
  3.34	
  out	
  of	
  five.	
  



Sugges:ons	
  for	
  improvement:	
  
                                                                                   “Experienced	
  
                                                                                   consultants”	
  
                                       “Post	
  implementa6on	
  
  “Listen”	
                            training	
  &	
  support”	
  
                                                                                                 “Final	
  price	
  
                                                                                                was	
  less	
  than	
  
             “Have	
  more	
  info	
  at	
                   “Make	
  info	
  easier	
          half	
  original	
  
                each	
  stage”	
                                 to	
  find”	
                      quote”	
  
Post	
  Purchase	
  Preferences	
  

Which	
  tools	
  were	
  most	
  
useful	
  aTer	
  purchase:	
  


                           educa6on	
  and	
  training	
  


                                 product	
  support	
  


                           user	
  community/forum	
  
Q&A	
  	
  //	
  	
  Submit	
  Your	
  Ques:ons	
  




                         Type	
  ques:on	
  here	
  
Q&A	
  	
  //	
  	
  Panelists	
  




            Atri	
  ChaBerjee	
            Andrew	
  Gaffney	
  
          Chief	
  Marke6ng	
  Officer	
          Editor	
  
             Act-­‐On	
  SoEware	
         Demand	
  Gen	
  Report	
  
All	
  a4endee’s	
  will	
  receive	
  this	
  report.	
  

   Sign	
  up	
  for	
  our	
  
   newsleBer	
  to	
  get	
  your	
  
   hands	
  on	
  the	
  report	
  
   when	
  officially	
  released	
  
   next	
  week.	
  




  www.demandgenreport.com/subscribe
Thank	
  You	
  

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B2B Buyer Behavior

  • 1. B2B  Buyer   Behavior   Research  into  the  new  preferences  and   expecta6ons  of  business  buyers   Presented  by   Sponsored  by  
  • 2. Welcome  Webinar  A4endees   Type  ques:on  here  
  • 3. Follow  this  webinar  on  Twi4er   #B2BBuyer  
  • 4. About  Demand  Gen  Report   •  Launched  in  2007  to  track  best   prac6ces  in  lead  genera6on   •  NewsleBer  has  grown  to  more   than  26,000  readers   •  We  also  offer  a  menu  of  research   and  best  prac6ces  reports     •  New  audio/video  podcasts  at   DemandGenReport.com       @DG_Report http://linkd.in/DG_Specialists
  • 5. Panelists   Atri  ChaBerjee   Andrew  Gaffney   Chief  Marke6ng  Officer   Editor   Act-­‐On  SoEware   Demand  Gen  Report  
  • 6. Digital  DNA   start  buying  process  on  web  search   go  directly  to  vendor  web  site   turn  to  social  media/peer  reviews   conducted  anonymous  research   of  a  select  group  of  vendors  
  • 7. Crowdsourcing:  Growing  Role  of  Social   followed  group  discussions  to  learn  about  topic   connected  with  though  leaders   through  social  networks   posted  ques6ons  on  social  networking  sites  
  • 8. Early  Stage  Buyer  Behavior   ATer  ini6al  research:   developed  a  short  list  of   poten6al  providers   collected  info  to  build   the  business  case   cited  breadth  of  informa6on  as   cri6cal  vendor  asset  at  this  stage  
  • 9. The  Budget  Reali:es  of  the  Agile  Buyer   said  project  was  ini6ally  unbudgeted;  funds   allocated  AFTER  impact  was  determined;   only   said  budget  was  pre-­‐approved  and   allocated  at  the  beginning  of  the  year;   set  budget  aTer  solici6ng  mul6ple  bids  
  • 10. ShiEs  in  the  Sphere  of  Influence   said  more  internal  team  members  provided  input;   said  4  or  more  people  were   involved  in  the  purchase  process;   said  C-­‐Level/Exec  CommiBee  were  involved;   said  marke6ng  was  involved  
  • 11. Buy  Side  or  Sell  Side?   ShiTing    course  of  engagement:   of  buyers  don’t  interact  with  a  solu6on  provider   un6l  AFTER  establishing  a  preferred  list  of  venders   aTer  the  conduc6on  of  ini6al  research   on  op6ons   AFTER  pung  out  RFPs  or  preparing  to   nego6ate  terms  
  • 12. Deal  Makers  or  Breakers   How  important  was  the  following  in   selec6ng  the  provider  you  chose:   said  6melines  of  response   selected  relevance   as  top  choice   of  informa6on  
  • 13. Won/Lost  Influencers   Average  ra6ng  on  purchase     experience  as  only  3.34  out  of  five.   Sugges:ons  for  improvement:   “Experienced   consultants”   “Post  implementa6on   “Listen”   training  &  support”   “Final  price   was  less  than   “Have  more  info  at   “Make  info  easier   half  original   each  stage”   to  find”   quote”  
  • 14. Post  Purchase  Preferences   Which  tools  were  most   useful  aTer  purchase:   educa6on  and  training   product  support   user  community/forum  
  • 15. Q&A    //    Submit  Your  Ques:ons   Type  ques:on  here  
  • 16. Q&A    //    Panelists   Atri  ChaBerjee   Andrew  Gaffney   Chief  Marke6ng  Officer   Editor   Act-­‐On  SoEware   Demand  Gen  Report  
  • 17. All  a4endee’s  will  receive  this  report.   Sign  up  for  our   newsleBer  to  get  your   hands  on  the  report   when  officially  released   next  week.   www.demandgenreport.com/subscribe