Essentials Magazine Essentials Winter 2019 | Page 7

Distribution Trends MARK HUBBARD addressed manufacturers and distributors on the challenges facing the market at the recent Educational Distribution Symposium at EDspaces 2018. decision-makers are stepping up their due diligence to contend with the multitude of solutions that are available to them. Their goal is to understand the differ- ences between competitors and determine the right fit for their use case, as well as, minimize the risk of picking the wrong solution. Motivating many customers is the competition to attract and retain students. Moreover, recognition of the sizeable impact the physical environment has, positively or neg- atively, on the learner and teacher experiences and outcomes means each purchase carries more weight and likely higher costs. A final thought on the redistri- bution of decision authority is that as Baby Boomers retire across the education professional purchasing landscape, longstanding relation- ships, complete with high levels of tribal knowledge, are being removed from the business model. Millennials are taking the place of this personnel, bringing their high degree of comfort using connected devices and low reliance on face- to-face business interaction to the education business world. Consumer attitudes and be- haviors are changing about how, where, and when business trans- actions are taking place. Un- surprisingly, buyers want to do business wherever and whenever they choose, with a device of their choosing and have a seamless user experience in the process. Too, there is a diminishing regard for lead time/order preparation. Today, a quick Google search can tell you just about anything you need to know to make a purchase decision. As a result, consumers have little patience when companies cannot meet a query with clear, accurate and reliable response. With this wealth of data and the technology to support it, consumers often feel like there’s no excuse for getting it wrong. Peer perspectives have a rising influence on attitudes, behaviors and final purchase decisions. A growing number of decisions are influenced, to varying degrees, on opinions/reviews shared through social networks. These social networks have conditioned many of us to expect the businesses with essentials | www.edmarket.org 7