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Volume #5, Issue #7

Client Spotlight

Get New Customers – Despite the Economy

Mike O’Connor, President of Innovative Components, says, “Approximately two years ago, we identified an upcoming challenge. We saw the downturn coming in the economy particularly affecting our biggest customers. We knew that we must have new business growth if we were going to be successful, and ThomasNet was one of the most important tools we had at our disposal to make sure that we met our new business goals.”

View Innovative Components video testimonial.

Read more...

Expert's Corner

2 Significant Metrics to Determine ROI

Lisa Keltos, Marketing Manager for ThomasNet, explains why Revenue Per Visitor and Cost Per Sale can help you discover true marketing ROI.

One of the most frequent questions industrial marketers ask is how to determine the true ROI for their online marketing spend.

Many marketers track Cost Per Visitor (CPV) to help them benchmark the performance of their marketing programs in driving visitors to their websites. This metric is fairly simple - you take the total cost of a marketing program and divide it by the number of visitors/referrals that same program produced for your company.

The problem with CPV is that it only provides Read more...


Is Your Website Prepared for the Future?

More than half of the year is behind us. While we’re not sure what the future holds, it does look brighter for the economy. “Nearly half of all marketers with an opinion about the economy see a light at the end of the tunnel,” reports the MarketingSherpa 2009-10 B2B Marketing Benchmark Report. The report also states that 65% of these marketers believe the importance of their companies’ websites will increase as the year progresses.

Websites are gaining in credibility and are quickly becoming the “chief influencer” in vendor selection. In fact, 50% of industrial buyers have selected one supplier over another primarily based on the capabilities of that supplier’s website, according to the 2008 ThomasNet Buyer-Seller Disconnect Study by Outsell, Inc.

Is your company’s website prepared for the future? Is it functioning as an online sales channel and contributing to your business goals as much as possible? If you are not continually measuring and tracking its performance, you cannot effectively manage your website and foster its success in helping you improve your company’s bottom line.

How can you do this?

Create a Key Performance Indicators (KPIs) Dashboard

Create a key performance indicators (KPI) dashboard for your website that you share with key stakeholders on a regular basis.

Read more...

News

Get It Or Die: Online Is Your Core Business
Gordon Hotchkiss, President of Enquiro, explains that B2B buyers are moving online at Internet speed, and that companies that 'get this' are rapidly moving to digital as their primary way of doing business. Read more...
Unsubscribes and Content Relevance in B2B Marketing
On his Digital Body Language blog, Steven Woods cites MarketingSherpa research and says, “Relevance is key. 58% of those who stop reading, disengage, or unsubscribe [from e-mails] quote a lack of relevance as a key factor.”
Read more...
11 Striking Findings from Eye Tracking Study
New research from Eyetrack III reveals what people 'see' when visiting news websites. Read more...

$50,000+

Over 68% of industrial buyers who come to ThomasNet.com make/influence purchases for $50,000+ each year.

And, 32.5% of industrial buyers who come to ThomasNet make/influence for more than $250,000 in annual purchases.

Click here to learn more...

Source: ThomasNet Industrial Purchasing Barometer, June 2009

 


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Have questions or comments? Feel free to e-mail us at IndustrialMarketer@ThomasNet.com.



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