A majority of B2B consumers within the U.S. now desire ecommerce to in-person, phone, or another buy channel. That’s in accordance with a current survey from McKinsey & Firm. In “Busting the 5 largest B2B e-commerce myths,” a January 2022 article in its “B2B Pulse” collection, McKinsey dispels the notion that B2B consumers shun digital transactions.
In 2021 alone, many U.S. consumers shifted their preferences to on-line from in-person. Wholesalers, distributors, and producers said within the survey that ecommerce is now their best gross sales channel.
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Analysis printed by Statista in January 2022 helps the outcomes of the McKinsey survey. Statista, in cooperation with Sana Commerce, a B2B platform, surveyed 1,200 worldwide B2B consumers in August 2021. Fifty % of respondents mentioned ecommerce was their “most used” buy channel.
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The McKinsey survey requested B2B suppliers about their ecommerce priorities in comparison with in-person gross sales for 4 key features: (i) product and repair availability, (ii) ensures and warranties, (iii) transport and supply choices, and (iv) customized suggestions.
Most respondents replied their ecommerce capabilities have been equal to or higher than in-person gross sales for all 4 features.
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Some observers declare B2B consumers use ecommerce just for smaller purchases. The McKinsey survey dispelled that notion, too, asking consumers to reveal their most per-transaction on-line spend. Seventy-seven % of respondents said they’d buy at the very least $50,000 in a single on-line transaction. Twenty % mentioned at the very least $500,000, and 15% said they’d place a single $1 million order on-line.