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ManufacturingIndustry solution

Conversion tracking for manufacturers, measured in won quotes

Manufacturing sells through a request-for-quote process that can run for months, often to a buyer who will place repeat orders for years, and frequently through distributors who stand between you and the end customer entirely. The RFQ is the enquiry, the won quote is the money event, and the value is the programme rather than the first purchase order.

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Manufacturing · what breaks

What manufacturers usually run into

  1. 01

    RFQs counted as conversions

    Buyers request quotes from several suppliers as standard procurement practice.

  2. 02

    First purchase order used as the value

    A won programme runs for years of repeat orders.

  3. 03

    Distributor channels obscuring the end customer

    You may never see who actually bought.

Manufacturing · the fix

What changes — Manufacturing

  • Won quotes as the money event

    At expected programme value rather than the first order.

  • Distributor-sourced demand reported separately

    Because your ads did not reach that buyer directly.

  • Product line carried on the conversion

    Margins differ substantially across a manufacturing catalogue.

Manufacturing · architecture

The conversion map for manufacturers

Five steps through an industrial procurement process.

  1. 1

    RFQ submitted

    Standard practice to request several.

  2. 2

    Quote issued

    A real engineering cost in many manufacturers.

  3. 3

    Sample or prototype supplied

    A serious commitment on both sides.

  4. 4

    Quote won

    The money event, at expected programme value.

  5. 5

    Product line

    Carried on the conversion.

Manufacturing · diagnose

Where manufacturers tracking usually breaks

  1. 01

    Procurement cycles longer than import windows

    Months, sometimes years. Measure before designing.

  2. 02

    Quoting as a real engineering cost

    Each RFQ consumes technical time whether or not it wins.

  3. 03

    Distributor intermediation

    The end customer is invisible and the distributor is the account.

  4. 04

    Several stakeholders per buyer

    Engineering, procurement and quality all research separately.

Manufacturing · prove

How the work is proven — Manufacturing

Source of truth

The ERP — quotes won by award date, with programme values, for the same window

  • Won quotes reconciled per quote against what each platform reports.
  • A test lead converted end to end with the identifier on the resulting opportunity.
  • Median RFQ-to-award measured against every import window.
  • Distributor-sourced demand identified and reported separately.

Manufacturing · free audit

What we check in the free audit

  • Procurement cycles longer than import windows
  • Quoting as a real engineering cost
  • Distributor intermediation
  • Several stakeholders per buyer

Checked against

The ERP — quotes won by award date, with programme values, for the same window

Get my free conversion tracking audit

Free30 minutesNo obligation

Manufacturing · when not to buy

What lands in your monthly report — Manufacturing

One page a month, in language you can put in front of a commercial director.

  • Won quotes and programme value by campaign, over a closed year.
  • Cost per won quote next to cost per RFQ.
  • RFQ-to-award rate by campaign, and the engineering cost of quoting.
  • Awards outside every import window, counted as unattributable.

Manufacturing · what we deliver

The flow we build — Manufacturing

  • Click identifier captured and persisted server-side

    Across a procurement cycle measured in months.

  • Carried into the CRM and the ERP

    Onto the account and the quote.

  • Won quote fires the conversion

    At expected programme value with the product line.

  • Cancelled programmes reversed

    Manufacturing programmes do get shelved.

Written guarantee

95%+ tracking accuracy

Measured against The ERP — quotes won by award date, with programme values, for the same window. Miss it and we keep working at no cost.

Get my free conversion tracking audit

From $400 · See packages

FAQ

Manufacturing questions, answered

Only as the working target where award volume is too thin for bidding, and valued at programme value times your win rate. Buyers request quotes from several suppliers as standard practice, so RFQ volume says little about revenue — and each one costs engineering time.

Free · 30 min

Value the programme, not the first order

Free30 minutesNo obligation