40% of people buy from the vendor who responds first

QUESTION – how do I maximise conversion rates? THOUGHT 4 – be first and make it easy! A recent survey highlighted a tendency for consumers to buy from the first vendor with whom they make contact. Some 40% of respondents reported buying from the first vendor with whom they engaged. This did not mean that […]

QUESTION – how do I maximise conversion rates? THOUGHT 4 – be first and make it easy! A recent survey highlighted a tendency for consumers to buy from the first vendor with whom they make contact. Some 40% of respondents reported buying from the first vendor with whom they engaged. This did not mean that they did not talk to others, just that they tended to purchase from the first. Being the first to engage seems to matter. In maximising conversion rates, it is important to be the first vendor to respond to an enquiry. This means getting response times right down. This is true for both telephone and online/email. It is critical to know what your response times are and do what you can to drive them down. This is all part of making it as easy as possible for qualified customers to make a purchase. In the last…

New here?

Be the first to read the full article and get unlimited news access and insights!
No tags

Five Tips For Reducing
The Cost Of Branding.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

1. Get out of the boardroom.

Perhaps the two most concerning issues about branding are the lack of understanding about what brand and branding are and the propensity to develop brands in the boardroom, perhaps with the help of a consultant.....

TO RECEIVE CONSUMER INSIGHTS AND PRACTICAL MARKETING TIPS WEEKLY AND OTHER BENEFITS...
CLICK HERE