Table 1: Buyers After Conducting Research and Comparison Phases Online
Online-Buyer Expectations
If an industrial-supplier website is going to be effective, it is important to provide visitors with the information they are looking for. This means providing detailed information such as product descriptions and specs, product pricing, product applications, details on tech support, and CAD drawings. Secondly, buyers want to be able to search and compare products and services quickly and easily. In short, online buyers want to be able to take action, whether that means making a recommendation or sending a purchase order or an RFQ.
The VSET Test
In order to gauge the effectiveness of a supplier website, it can be helpful to take a step back and approach a website the way a potential customer would. Using a process called VSET (verify, search, evaluate, take action), it is possible to conduct an objective website review asking the following questions:
- Verify: Can a potential buyer immediately verify that the site has the right information he or she wants?
- Search: Can the buyer quickly search the site for the exact products, services, and specifications he or she needs?
- Evaluate: Can the buyer easily evaluate the information on the website to make an informed decision?
- Take action: Can the buyer take action during his or her visit (i.e., make a call, send an email, or send an RFQ, order, etc.)?
Conversion is key. By providing the right information and using the VSET test, a supplier can gain a potential customer's point of view and increase the overall effectiveness of its company website to make more visitors into customers.
Questions? Comments? Feel free to email me at lrigano@thomasnet.com or call 212-629-1522.
About the Author
Linda Rigano, director of strategic alliances for ThomasNet, is responsible for identifying and developing opportunities for high-value reciprocal business partnerships with leading companies seeking to expand their presence in the industrial small business marketplace.
Beginning in April 2001, Rigano directed the alliance program at Thomas Regional, establishing partnerships with high-profile companies such as Barnes&Noble.com. She has also been in charge of several special projects, including a partnership with MasterCard International to co-develop the largest existing small business survey and a partnership with the U.S. Small Business Administration, MasterCard, and ADP to develop the recent "Small Business Growth Series" survey and seminar.
ThomasNet.com is where industrial buyers go to find the exact products, services, or suppliers they need when they're ready to buy. ThomasNet.com gives buyers immediate access to the detailed information they need to make purchasing or specifying decisions, including detailed product or service information, catalogs, CAD drawings, and more.