By: Norm MacLeod
This article could also have been called, Quick, before someone turns out the light at
the end of the tunnel, Some facts to consider:
Millennials rely on user generated
experiences to make most of their purchasing decisions.
When they purchase, the quality of the
experience is judged by how well you meet THEIR expectations in terms of ease
of transaction and quality of service.
It takes twelve positive interactions to
make up for one negative experience.
All of the above come from a Future Trends
article I was reading during the holidays. It did nothing to make me feel
better about where our little industry is headed. Faced with irreversible
declines in the use of paper, filing, bindery, even tech products like media
and cartridges, how are both dealers and vendors going to continue with a business-as-usual approach?
Sure, there are a few bright spots, like
Cleaning/Breakroom supplies, services and ergo trends in furniture that will
bring some sales growth but I don’t think we’ve seen anything more than the tip
of the iceberg yet. When the millennials start influencing more of the office
purchasing decisions, the great divide between how we think and do business and
what they think and want will dramatically effect sales. And that day is coming
faster than you probably think.
My 24 year old daughter was hired after
graduation into a Human Relations position within a medium size engineering
firm (around 300 employees); within a year she was making key office supplies
purchasing decisions and having to deal with an Office Supply representative
she can’t stand or communicate with.
Office supplies purchasing is such a minor
concern to a company like this that it has been delegated to a rather junior
person with little knowledge of what to buy. Her only resource is online.... and
she thinks the industry websites suck!
Millennials don’t use print catalogues,
they don’t look at flyers, they think sales people are creepy, they stream all
their entertainment direct when they want it and they resent the fact that the
world still seems to be run by old boomers too stubborn to ride into the
sunset. So how are you going to keep them happy if you currently enjoy their
business, how would you gain them as customers if they aren’t?
At this point, I’m supposed to give you a
few great suggestions about meeting these challenges, wrap up the article and
make you feel a little more positive that
there is still a chance of surviving the future. Unfortunately, I don’t have
the magic answers and I suspect virtually no one else in our industry does
either. So what do I recommend?
Apprenticeship
programs and mentoring
We need people in our industry who
understand and can relate to this new breed of customer. More importantly, we
need people that millennial customers can trust and communicate with. To get
these people, we need to aggressively market our channel to them and offer
quality jobs to graduates. No one coming out of the soft science or marketing
courses is thinking “Hey, maybe I’ll call my local stationer, there’s a real
opportunity area I’d love to get into.” They usually wind
up under-employed doing something they can’t stand.
Local community colleges and even
universities would welcome business sponsorships and guaranteed job placements
in course areas like Business Administration and Marketing. If a large vendor
like Acco or 3M or Fellowes gave grants to business students it would help our
industry’s awareness as a possible future employer and God forbid, if one of
these students became a product manager or sales rep at Staples or G&T or
Basics, they might even remember who helped pay their tuition. A Dealer
sponsored grant would be even more powerful in terms of enticing graduates to
check out our industry since they have a local presence in every city across
the country.
The fresh blood is our industry’s best
chance at finding new relevance and connection with the customer base. We need
to get on their radar when they need us. When they reach the work force, it’s
too late.
Norm MacLeod has been a Marketing / Merchandising executive in the Office Products channel for over 30 years. At the dealer level, with Willson Stationers, Compucentre and most recently Basics Office Products and at the vendor level with Blueline Inc. Currently in a semi-retired state as a photographer at large and special projects gun-for-hire for the Basics Dealer group.
Norm MacLeod has been a Marketing / Merchandising executive in the Office Products channel for over 30 years. At the dealer level, with Willson Stationers, Compucentre and most recently Basics Office Products and at the vendor level with Blueline Inc. Currently in a semi-retired state as a photographer at large and special projects gun-for-hire for the Basics Dealer group.
He can be reached at: nwmac123@gmail.com
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