RESTON, VA – Siteworx, a leading digital experience agency, is teaming up with students from the Martin J. Whitman School of Management at Syracuse University to study customer engagement among B2B manufacturers. Together, they will create a unique approach to understanding how business to business manufacturers will engage and serve their customers of the future.
According to Forrester Research, Inc. US B2B eCommerce will grow from $780 billion in 2015 to $1.13 trillion in 2020. Forrester experts forecast a compound annual growth rate of 7.7% in B2B eCommerce over the next five years due in part to a shift in B2B buyer channels. B2B buyers show a preference for researching and buying online, making the buyers’ journey ever more important. Companies that do not engage with their customers and understand buyer preferences stand to lose an opportunity to increase revenue streams and build stronger loyalty with key stakeholders.
“Leveraging the talent of students from my alma mater to develop a new body of knowledge for B2B manufacturers is incredibly rewarding,” said Ken Quaglio, president and COO of Siteworx. “Research shows that B2B manufacturers will see a significant volume of offline business move online in the next few years. The students’ work will have an invaluable impact on B2B manufacturers as they make the transformation to a digital-first approach and develop more engaging and profitable connections with their customers.”
Students were hand-selected to work on the research project. Each student has a dual-major, including marketing, and will earn credit for their work.
“Working with an innovative company like Siteworx provides an ideal environment for students to get first-hand business experience,” said Dennis Taussig, senior class faculty advisor at the Martin J. Whitman School of Management. “By collaborating with Siteworx, these students get high-level exposure to C-level leadership on a regular basis, they learn how to prep for meetings and participate in hands-on market research and analysis. The students understand the importance of their work and are more engaged and invested knowing the impact they will make.”
The students started on the project this semester. This is the first collaboration for Siteworx and the Martin J. Whitman School of Management.
Siteworx is a digital experience agency built for the age of the customer. For more than a decade, we’ve applied a craftsman-level attention to designing services and experiences and engaged with deep technical expertise to solve the most complex digital challenges. Leaders such as Time Warner Cable, Citrix Online and Mandarin Oriental Hotel Group look to Siteworx to achieve tangible results across the full marketing value chain by creating experiences that serve the needs, wants and desires of their customers. In 2014, Siteworx was named Adobe’s “2013 North American Regional Partner of the Year.”
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