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March 2008 |
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| ThomasNet Workshop Gets Great Reviews | ||||||
| ThomasNet recently offered a free workshop on "Turning Your Online Visitors into Customers". The workshop was a huge success. It incorporated results from a recent Google/ThomasNet research study on how the industrial buyer searches for products and services online and what website characteristics are most likely to convert the visitor to a customer. |
Presenters David Ellsworth,
ThomasNet Senior of the |
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Linda Rigano, from ThomasNet, showed the group that industrial buyers are spending almost 25% of their work week sourcing for products and services. The #1 source for information was the internet. What influences the buyer most??? A company's website. More than half the time (55%) a buyer will purchase a product or service they find online. With this being the case, companies now know that their website must be taken seriously!
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One of the more surprising results was that industrial buyers do not search the same as those searching for consumer products. This could be the major reason why industrial companies are feeling frustrated with pay per click programs. Many of the companies represented in the audience were generating traffic but now wanted to improve their site to convert more of the visitors to sales. One workshop had a company that was currently closing 40% of their online requests into sales and felt their website could do an even better job! Linda Rigano showed a case study of a company that made a small improvement to it's website's and improved it's conversion rate by just 1% which turned into an additional $300,000 a year more in annual sales. |
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Industrial buyers do not search the same as those searching for consumer products. |
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Without exception, all attendees said they came away with at least 3 "action items" that they could do immediately to improve their site. Results of
the audience survey: |
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The attendees had the opportunity to sit with some of the web application engineers and discuss issues concerning their own sites as well as ask for a web evaluation using the VSET method. If you are interested in learning about the VSET method and how to improve the conversion rate of your site, just give me a call and I'll be happy to do an evaluation. Mary Dykas, mary@mvpb2b.com 860 601 0150
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