ThomasNet recently published a new white paper titled Industrial Marketing Online with the much more interesting sub-title of “Getting industrial buyers and sellers on the same page”.
One of my readers recommended it. There is good stuff inside. You can download it here. (There is another interesting report there called Supplier Survival in the Information Age that I may review in the future.)
Here are some highlights:
Where buyers first look when researching a new need:
- Search engine (23%)
- Known supplier offline (19%)
- Industrial destination site (17%)
- Known supplier website (11%)
The next data set is where the reality-check of the sub-title comes in…where sellers are ‘meeting the market’ and where the buyers are looking.

The big disparities here are search engines and destination sites.
The search category is probably a bit erroneous because I would assume that organic listings in search engines may be enough without any effort on the marketer. But this data also means that nearly half of industrial marketers aren’t trying to maximize their value where 83% of their prospects will be.
The industrial destination site category is where ThomasNet falls. And these are apparently used more than some folks would think. How they are being used would be an interesting follow-up question.
Overall, the white paper reports that buyers can spend an average of eight hours of research online before making a purchase. Did you get that? Eight hours!!!
The last set of data in the report jabs a well-deserved elbow in the ribs of us B2B marketers: Buyers are looking for, but not finding, the following information on our websites:
- Pricing
- Tech support details
- Shipping
- Ordering online
I could write a post about each of these, but suffice it to say that these are big challenges that may not be practical. The paper acknowledges this, but tells us that the potential customers would be quite grateful if this information were online, as they could remain anonymous. That is half of why this information is NOT online. We want them to call us.
However this data aligns with your marketing methods, I think it is a helpful snapshot for how the buyers are behaving and what they expect. When planning for 2007, I’d keep this information in mind!