Channel partners are making progress with internal sustainability initiatives but need more help from print vendors to support customers’ environmental goals.
London, UK, 11th July 2023: Quocirca’s Channel Sustainability Study, 2023 reveals that the print channel is taking steps to implement sustainability strategies, with 71% reporting that they have some form of company sustainability strategy in place. The dominant driver for channel sustainability initiatives is to meet customer expectations (52%), while a quarter report that it is driven by a need to differentiate products and services (25%) and the same proportion say that their aim is to unlock new revenue opportunities. More than two-thirds (69%) of channel partners say customers are showing strong or moderate interest in sustainable offerings.
The survey, undertaken among 114 channel companies including MPS providers, Office Equipment Dealers, IT resellers and distributors*, found that the industry is proving resilient to challenging circumstances, with 53% reporting increased revenues in the last financial year. However, with 51% expecting print volumes to fall in the year ahead, channel partners need to prioritise sustainability in a proactive way – both looking at their own sustainability practices and also providing support and guidance to customers.
Currently, respondents estimate that an average of 12% of channel revenue derives from sustainability-led sales, but they expect this to rise to 22% by 2025.
Louella Fernandes, Research Director, Quocirca comments: “Channel companies are clear about the potential they see in sustainability-led sales, with growing demand from customers. The challenge now is how to evolve their go-to-market strategy and messaging to resonate with customers and prove their credentials in what may quickly become a very competitive market. Support from vendors with tools and data is crucial if channel businesses are to demonstrate genuinely differentiated solutions and services backed by evidence of sustainable performance.”
Channel partners need vendor support to capitalise on sustainability-led sales opportunities
Two in five (39%) channel companies say that sustainability criteria feature in some or all the RFPs they respond to, and 92% say that customers are prepared to pay more for solutions with stronger sustainability, at least some of the time.
Despite this, only one-quarter (24%) already hold accreditations related to sustainability (for example, BCorp, ISO14001, or CDP). A similar proportion (25%) are working towards such accreditations, leaving half lagging behind on sustainability certifications.
The key areas of interest for customers are energy-efficient hardware, cited by 65% of respondents, followed by long-life consumables and toner (35%) and minimum end-of-life waste (30%). These priorities are largely reflected in the topics on which channel partners most want support from vendors:
- Clear and detailed metrics on product lifecycle impact (38%)
- Help identifying ways to advise customers on saving energy across a print fleet (36%)
- Carbon footprint assessment tools (35%)
Also important to channel partners is information from vendors to support sustainability focused deals (33%), and financial deal support (31%). Only 20% of respondents say they are fully satisfied with the support they are receiving from vendors on sustainability.
Louella comments: “Businesses are becoming far more mature in their approach to sustainable purchasing as regulations, standard sustainability metrics, and reporting requirements have emerged.
“Channel partners have a significant opportunity to add value to their customers who will be looking for advice and guidance to support their sustainability goals. Customers are increasingly looking to acquire print technology that is efficient, secure, and sustainable throughout its entire lifecycle. Partners can address these requirements with sustainability assessments to support the modernisation of the print infrastructure – such as replacing legacy, energy-intensive technology with more energy-efficient devices, and solutions that minimise wasteful printing. By playing their part in the drive for sustainable business, supported by vendors, channel partners can attract new customers and gain a competitive edge.”
-ends-
Methodology:
* The survey was conducted among 114 channel partners in the office print industry, many of which are managed print service (MPS) providers (36%). The majority of respondents (87%) are based in Europe, with the remaining 13% based between the US, Africa, Asia-Pacific, and Latin America.
About Quocirca:
Quocirca is a global market insight and research firm providing strategic market analysis and intelligence to print industry business and technology leaders. Quocirca specialises in analysing the convergence of print and digital technologies in the future workplace.
Since 2006, Quocirca has played an influential role in advising clients on major shifts in the market. Our consulting and research are at the forefront of the rapidly evolving print services and solutions market, trusted by clients seeking new strategies to address disruptive technologies.
Trusted by global industry organisations, Quocirca offers a wealth of specialist knowledge across the connected print ecosystem. Our extensive research activities are backed up with rigorous analysis and a robust primary research programme.
Helen Hopper
HH Creative Communications
Tel: 07854 479367
SOURCE Quocirca
