Open-Source Mechanics: Improving Conversion Rates
Sep 18, 2007, 02:30 (0 Talkback[s])
(Other stories by Matt Asay)
[ Thanks to Matt Asay
for this link. ]
"Open-source business depends upon data. Because so much of the
business happens online, it's possible to set and track metrics
that would otherwise be difficult to do in a proprietary model. One
area that all open-source startups focus on is improving conversion
rates.
"The difficulty is not in converting an opportunity into a sale.
If my open-source peers are like Alfresco, and I'm sure that they
are, we actually top the industry in that metric. Why? Because by
the time a lead becomes an opportunity, the prospect is already
using the software and is effectively 'pre-sold' on its
value..."
Complete
Story
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