HP Innovation Journal Issue 06: Spring 2017 | Page 13

PARTNER CORNER How to influence purchases and win friends along the way Millennials’ social media activities exceed Baby Boomers’ by 150 to 250%. What are you doing about it? by V  incent Brissot, Global Head of Channel Marketing, HP The HP Social Media Center, part of HP’s reinvented dig- ital tools, is a reservoir of curated content that partners can publish to their own channels. It spans four key areas of focus: security, mobility, education, and healthcare. Partners can draw from this content to share relevant news and information through their LinkedIn, Twitter or Facebook, helping them connect and engage with their customers. W hen you’re already looking at too few hours in the day to run your business, it can be daunting to try to maintain a cor- porate Twitter feed, Facebook page and LinkedIn presence. The commitment to refreshing content can slide right off the company radar without fanfare. The HP Social Media Center in HP Sales Central has emerged as a power tool for helping partners generate vibrant, updated content that drives online sales and customer engagement. Active presence on social channels is no longer merely a “nice to have.” Nine out of 10 buyers say online content has a moderate to major effect on purchasing decisions, according to a recent CMO Council report. This is hardly surprising: The new connected customers are more informed and more available for online engagement than ever before. They can easily access all the information they need to move themselves at their own pace through the awareness and consideration cycles, and on to purchase. Today, about 80 million Millennials in the United States alone, spend roughly $600 billion. By 2020, their projected spending will grow to $1.4 trillion. They compare prices. They read reviews. They can decide for themselves what the most credible information sources are. In a single sitting, your customer or prospect can call upon industry analysts, experts, product and service information, the opinions of peers and colleagues, customer videos, and more. B2B buy- ers report that 67% of purchase decisions have already been made before ever talking to a sales rep, according to “The Digital Evolution in B2B Marketing,” a study by the Corporate Executive Board. In addition, “62% of millennials say they are more likely to become a loyal customer if a brand engages with them on social network.” Meeting this customer where they live means meeting them online, much of the time, and trading the one-way noise of a sales pitch for a conversational exchange. Social marketing works when you are providing useful and relevant in- formation tailored to their needs or interest. Customers are clearly influenced by companies 67% of B2B purchase decisions take place before talking to a sales rep. 62% of Millennials become loyal customer if brand engages them on a social network Issue 6 · Spring 2017 · Innovation Journal 13