timing is everything: understanding b2b buyer behavior

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TIMING IS EVERYTHING TIMING IS EVERYTHING Understanding B2B Buyer Behavior Understanding B2B Buyer Behavior YEAR WEEK DAY 0-5 Seconds 6-10 Seconds 11-20 Seconds 21-30 Seconds 31-60 Seconds Time to Call Is Crucial B2B buyer activity is strongest in winter and spring. Tuesday through Thursday is the best time to reach buyers. For buyers that request product info directly, faster lead response times lead to higher qualification rates. After a buyer converts on your site, your chance of qualifying them drops with each second you wait to call. Buyer activity is highest in the first half of the day. Average Rates Average Rates 10% -10% 5% -5% 0% 0% Jan. Feb. Mar. April May June July Aug. Sep. Oct. Nov. Dec. Mon. Tues. Wed. Thu. Fri. 5% -5% 12 3 9 12 12 3 9 12 10% 20% 5% CHRISTMAS NEW YEARS Activity around Conversion rates are 19% above average. Qualifications are below average. Activity around The Right Time to Engage Your Buyer Conversion rates are above average. Conversion and qualification rates the week after New Years are typically up. This is a good time for your inside sales team to work. Christmas and Christmas Eve may be good days to plant a seed by sending brand-building campaigns. Qualifications are above average. Time of Year December 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 27 28 29 30 31 26 Best time of Best time of Best time of 30% 25% 20% 16% 12% Qualification Rates at Second Intervals Time of Week Time of Day Holiday Activity Your inside sales team will have higher qualification rates depending on the season. Match their capacity to these variations. Most buyer research takes place in the first half of the business day, with traffic highest just before and during lunchtime. Your sales team should be in and active during these hours, relative to the afternoon. Overall, B2B buyer activity is highest Tuesday through Thursday. The rest depends on what you measure. For instance, while traffic peaks on Tuesday, conversion rates are highest on Wednesday. B2B buyer activity and research peaks at different times of the year, week, and day. Software Advice conducted a study gathering data from six million unique visitors to their site. Their goal was to discover when B2B buyers perform research on the web, when they convert on a website, and when you can get them on the phone. *Data was compiled by Software Advice™, a trusted resource for software buyers. = Conversion Rate = Qualification Rate = Conversion Rate = Qualification Rate = Conversion Rate = Qualification Rate Visit www.softwareadvice.com.

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B2B buyer activity and research peaks at different times of the year, week, and day. Software Advice conducted a study gathering data from six million unique visitors to their site. Check out this infographic to discover when B2B buyers perform research on the web, when they convert on a website, and when you can get them on the phone and put this insight into practice for your business. Learn more about B2B sales with this free ebook, The Guide to Winning Sales Every Time: http://bit.ly/1hmJWjU

TRANSCRIPT

Page 1: Timing is Everything: Understanding B2B Buyer Behavior

TIMING IS EVERYTHINGTIMING IS EVERYTHINGUnderstanding B2B Buyer BehaviorUnderstanding B2B Buyer Behavior

YEAR WEEK DAY

0-5 Seconds

6-10 Seconds

11-20 Seconds

21-30 Seconds

31-60 Seconds

Time to Call Is Crucial

B2B buyer activity is strongest in winter and spring.

Tuesday through Thursday is the best time to reach buyers.

For buyers that request product info directly, faster lead response times lead to higher quali�cation rates.

After a buyer converts on your site, your chance of qualifying them drops with each second you wait to call.

Buyer activity is highest in the �rst half of the day.

AverageRates

AverageRates

10%

-10%

5%

-5%

0%

0%

Jan.

Feb.

Mar.

April

May

June

July

Aug

.

Sep.

Oct.

Nov

.

Dec

.

Mon

.

Tues

.

Wed

.

Thu.

Fri.

5%

-5%

12

39

12

12

39

12

10%20% 5%

CHRISTMAS NEW YEARSActivity around

Conversion rates are19% above average.

Quali�cations arebelow average.

Activity around

The Right Timeto EngageYour Buyer

Conversion rates areabove average.

Conversion and quali�cation rates the week after New Years are typically up. This is a good time for your inside sales team to work.

Christmas and Christmas Eve may be good days to plant a seed by sending brand-building campaigns.

Quali�cations areabove average.

Time of Year

December01 02

03 04 05 06 07 08

09 10 11 12 13 14

15 16 17 18 19 20

21 22 23 24 25

27 28 29 30 31

26

Best time of Best time of Best time of

30%

25%

20%

16%

12%

Quali�cation Rates at Second Intervals

Time of Week

Time of Day

Holiday Activity

Your inside sales team will have higher quali�cation rates

depending on the season. Match their capacity to these variations.

Most buyer research takes place in the �rst half of the business day, with tra�c highest just before and during lunchtime. Your sales team should be in and active during these

hours, relative to the afternoon.

Overall, B2B buyer activity is highest Tuesday through Thursday. The rest depends on what you

measure. For instance, while tra�c peaks on Tuesday, conversion rates are highest on Wednesday.

B2B buyer activity and research peaks at di�erent times of the year, week, and day. Software Advice conducted a study gathering data from six million unique visitors to their site. Their goal was to discover when B2B buyers perform research on the web, when they convert on a website, and when you can get them on the phone.

*Data was compiled by Software Advice™, a trusted resource for software buyers.

= Conversion Rate = Quali�cation Rate

= Conversion Rate = Quali�cation Rate

= Conversion Rate = Quali�cation Rate

Visit www.softwareadvice.com.