Accenture B2B Omni Channel Commerce PDF

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Building The B2B Omni-

Channel Commerce Platform


Of The Future
New Research on B2B Buyers

© 2014 Forrester Research, Inc. Reproduction Prohibited 2


Andy Hoar
Principal Analyst
Serving eBusiness & Channel Strategy Professionals

ahoar@forrester.com
@andyhoar1
© 2014 Forrester Research, Inc. Reproduction Prohibited 3
Sample List Of Clients
B2B (including B2B2C + B2B2B)
Agenda

› Description of the research


› Highlights and findings
› Key takeaways
› Discussion

© 2014 Forrester Research, Inc. Reproduction Prohibited 5


Large Scale B2B Buy Side Survey

(Numbers may not total 100% due to rounding)


*Base: 930 B2B buyers at organizations in Canada, US, UK, France, and Germany
*Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 6


Large Scale B2B Sell Side Survey

(Numbers may not total 100% due to rounding)


*Base: 526 B2B sellers at organizations in Canada, US, UK, France, and Germany
*Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 7


Key Findings

› B2C experiences once again driving B2B


expectations

› Technology is a critical enabler for omni-


channel success

› “Transformation” requires significant


organizational and process change too

© 2014 Forrester Research, Inc. Reproduction Prohibited 8


B2B Buyer Behavior
B2B Buyers Expect To Buy More Online

52% expect to
make half or
more of their
work purchases
online in 3 years

Base: 930 B2B buyers at organizations in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 10


Rising Expectations For Key Functionality

Cross-Channel Visibility Omni-Channel Fulfillment Options

“How important are the following when you “How important are the following when you are
are making work-related purchase online?” making work-related purchase online?”
(B2B buyers who answered important or very important) (B2B buyers who answered important or very important)
Look up product information 74% Buy from branch;
(across any channel) ship direct to me 73%

View my activities across 68%


all channels Deliver on the same day 61%

Return or exchange across Reserve online; pick up


64% from branch 43%
different channels
Share unified account and Buy online; pick up
62% from branch 41%
order history across channels

Base: 930 B2B buyers at organizations in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 11


© 2014 Forrester Research, Inc. Reproduction Prohibited 12
82% of B2B buyers would buy again from
the same supplier because of that
supplier’s broad selection.

Base: 930 B2B buyers at organizations in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 13


Broadest Selection Drives Where B2B Buyers Start

“I typically start my research for products and services I buy


for work on an online site because it is:”

Base: 110 B2B buyers


Source:
© 2014 Q2 2014Research,
Forrester Forrester/Internet Retailer
Inc. Reproduction B2B Buy-Side Survey
Prohibited 14
84% of B2B buyers would buy again
from the same supplier because of
consistently low prices

Base: 930 B2B buyers at organizations in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 15


Prices Drive Where B2B Buyers Finish

“I typically make my final purchase of products and services I buy for


work on an online site because it is:”

Base: 94 B2B buyers


Source:
© 2014 Q2 2014Research,
Forrester Forrester/Internet Retailer
Inc. Reproduction B2B Buy-Side Survey
Prohibited 16
The B2B Omni-Channel Imperative

© 2014 Forrester Research, Inc. Reproduction Prohibited 17


72% of B2B companies
said that omni-channel
customers are worth
substantially more to
them than single
channel customers.

Base: 526 B2B companies in Canada, US, UK, France, and Germany.
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 18


66% believe that B2B
customers expect omni-
channel capabilities
today.

Base: 526 B2B companies in Canada, US, UK, France, and Germany.
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 19


54% believe they can
drive additional
efficiencies and cost
savings through better
inventory and
assortment planning.

Base: 526 B2B companies in Canada, US, UK, France, and Germany .
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 20


Demands For New Platform Capabilities

› Personalization
› Reporting/analytics
› Pricing optimization
› Flexible payment options
› Back-end integration

© 2014 Forrester Research, Inc. Reproduction Prohibited 21


Personalization

P
P

Base: 526 B2B companies in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 22


Analytics

Base: 526 B2B companies in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 23


Pricing Optimization

Base: 526 B2B companies in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 24


69% of business buyers PREFER to use direct,
instant online forms of payment (e.g. credit
cards, payment systems) over purchase orders,
invoices, and eProcurement portals.

Base: 930 B2B buyers at organizations in Canada, US, UK, France, and Germany
Base: 526 B2B companies in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014
© 2014 Forrester Research, Inc. Reproduction Prohibited 25
Back-End Integration

Base: 526 B2B companies in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 26


Aligning Customer Expectations With
Technology Priorities

*Base: 930 B2B buyers at organizations in Canada, US, UK, France, and Germany
**Base: 526 B2B companies in Canada, US, UK, France, and Germany
Source: A commissioned study conducted by Forrester Consulting on behalf of Accenture and hybris, August 2014

© 2014 Forrester Research, Inc. Reproduction Prohibited 27


Beyond Technology

© 2014 Forrester Research, Inc. Reproduction Prohibited 28


New Organizational Structures

© 2014 Forrester Research, Inc. Reproduction Prohibited 29


› Become intimate with
the business buyer

› Weave digital into all


aspects of your
operations

› Leverage your partner


ecosystem to support
omni-channel
commerce

© 2014 Forrester Research, Inc. Reproduction Prohibited 30


Thank you
Andy Hoar
Principal Analyst
ahoar@forrester.com
@andyhoar1
Summary

Contact the study sponsors to learn more:

› Accenture
• accenture.com/omni-commerce
• @AccentureSocial or
@AccentureDigi

› hybris
• hybris.com
• @hybris_software

Copyright © 2014 Accenture All rights reserved. 32


Summary

Questions?

Copyright © 2014 Accenture All rights reserved. 33

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