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Q: How much of U.S. Building Contractors day is spent working Online ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: How much of U.S. Building Contractors day is spent working Online
Category: Business and Money > Advertising and Marketing
Asked by: landrover72-ga
List Price: $200.00
Posted: 19 Aug 2005 05:45 PDT
Expires: 18 Sep 2005 05:45 PDT
Question ID: 557642
I am looking to get a comprehensive report on how much time U.S. based
Construction Industry professionals (Specifically, Building
Contractors) CURRENTLY spend online during the day with respect to
their job.

The purpose of this information is to support an advertising
initiative that my firm has.

The popular consensus among my peers is that Building Contractors (In
the U.S. at least) are slow adopters of technology and largely a
mobile workforce and thus they do not go online during the day to get
their job done.

I need data from research sources such as Jupiter or Forrester or
other unbiased sources to support or refute this belief.

I am not looking for news sources such as a trade publication like
Engineering News Record. Period.

You do not need to omit trade publication citations but I will not pay
for a report based predominantly on a collection of news articles.

Just so you understand why this is such an issue, back in the Dot Com
heyday there was about 10 construction industry focused web companies
launched for every 1 contractor. The news papers and trade
publication printed about 1,000,000 stories about the value of these
companies and how they would change the way contractors worked.

At the end of the day about .00001% of them survived and the rest are
gone. They simply did not provide value and their products where not
adopted by the industry.

Here is a link to the type of story that I am NOT interested in.

http://www.constructionweblinks.com/Resources/Industry_Reports__Newsletters/Oct_2_2000/e-commerce.htm

It is full of some great information and it is actually quite
unbiased, unfortunately however it is 5 years old.

With all that being said, here is a list of some of the know tasks
contractors perform online; perhaps this will help you answer this
question:

Find Construction Leads http://www.BidClerk.com

Locate Equipment that is being auctioned online www.Machinerytrader.com

Rent Equipment online www.UnitedRentals.com

Online Plan rooms www.Isqft.com

Locate products and services www.TheBlueBook.com

Read construction news www.Construction.com

Quite frankly, just finding (1) really great, in-depth, current
research paper on this topic, from a credible source, would be more
than enough.

I have been searching online for a few days and I can?t find anything.

If you can pull this off I will add a $100 tip on top of the $200 I am offering. 

Look forward to reading your answer.
Answer  
Subject: Re: How much of U.S. Building Contractors day is spent working Online
Answered By: belindalevez-ga on 27 Aug 2005 06:37 PDT
Rated:5 out of 5 stars
 
<U.S. Building Contractors ? time spent online.

ACP construction carries out an annual survey of buyer?s purchasing
intentions in the construction industry. Part of the survey looks at
the amount of time spent conducting business on the internet.

In 2004, greater proficiency with computers was reported than the previous year.
The frequency of using the internet:
At least once a day  ? 51.6 %
Two to three times a week ? 20.6%
Infrequent use ? 23.2%
Never ? 4.6%

Activities conducted online:
Research new equipment ? 68.9%
Research insurance ? 16.8%
Research used equipment ? 50.4%
Research financing ? 15.1%
Research rental ? 26.5%
Research industry news ? 43.9%
Research parts ? 35.3%
Research new suppliers ? 39.9%
Research service ? 16.5%
Email ? 75.5%
Visit dealer websites ? 55.6%
Visit manufacturer websites ? 63%
Visit association websites ? 35.6%
Visit magazine websites ? 33%
Check equipment prices ? 42.7%
Check weather ? 67.8%
Make travel arrangements ? 51.6%

Online purchase
Nothing ? 22.2%
New equipment ? 16%
Used equipment ? 17.7%
Parts ? 39%
Supplies ? 45.6%
Travel ? 39.6%
Books ? 29.6%
Other ? 20.2%

Source: ACP Construction Publications by Anne Gelaude and Greg Sitek.
December 15, 2004.
http://www.acppubs.com/community/854.html

The Construction Financial Management Association publishes the
Information Technology Survey for the Construction Industry. The data
is compiled and analysed by Moss Adams LLP. Internet communications is
covered in the survey. The survey costs $125 for members and $250 for
non-members. Source: CFMA.
http://www.cfma.org/pubs/its.asp

An executive summary of the results can be found on ENR.com.
Less than half of the respondents employ dedicated IT staff, 47% in
2004 compared to 33% in 2000 and 38% in 2002. Contractors with annual
revenues of under $5 million spend 2.1% of revenue on IT. 95% of users
have DSL-speed or faster and 4% continue to use dial-up. Nearly four
out of five firms reported having a corporate website (81%), compared
to half of all firms in 2002. Ten percent of firms use extranets. 59%
have access to real-time job cost data.
http://enr.construction.com/resources/special/archives/2005/cfma.asp


CIT Equipment Finance publishes the CIT Construction Industry Forecast. 

Contractors top business uses for the internet:
Learn about product information 87%
Communicate with customers and vendors 64%
Locate hard to find items 85%
Research & locate suppliers 81%
Sell equipment 10%
Buy parts 42%
Buy equipment 30%
Sell parts 4%
Rent equipment to customers 4%
Lease equipment 5%
Email & communicate with office members 2%
Prospect for new business & customers 2%
General information (stocks, bids, weather) 3%
Advertising 1%
Financial matters 2%
Other 3%

For distributors, 29% say the internet offers the greatest potential
for marketing strategies in 2005. 51% of contractors said the internet
is a valuable source of information. 27% of construction companies had
a website up and running, a 50% increase on last year. 19% of
contractors without a website plan to be online by the end of 2005.
Distributors predict that, on average, 11.7% of equipment sales will
be made on the internet, up slightly from last year. 62% of
contractors post information about projects on the company website,
compared to 58% last year.

There is also a table showing what information is shown on company websites.
Source: CTI
http://www.cit.com/NR/rdonlyres/e6tr6jlvihqlvtmfgc6wp7b4tf2qxwalkhcubojg2sjtexg6btlniey3wviw7evvvb6ovizm2e6app736nqzpikd4id/FORECAST2005.pdf>

26% of construction workers use a computer at work. 21% of managers
and professionals used the internet. Source: Computer and Internet Use
at Work in 2003. Bureau of Labor Statistics.
http://www.bls.gov/news.release/ciuaw.nr0.htm


Professional Builder?s Internet Usage Study 2002.
This report includes information about time spent on the internet.
Costs $1,000.
http://www.housingzone.com/info/CA475072.html

The "Industry" Effect: IT Trends and Expenditures in the U.S.
Construction Industry. In-Stat.
This report provides a deep dive look at the construction industry and
the trends and expenditures in information technology. IT spending &
forecasts are included from 2002 to 2008, along with detailed analysis
of the most critical business problems, important areas of investment,
expenditures by IT category, and information on purchasing channels.
Categories include computer hardware, applications, network hardware,
telecom services & equipt., IT personnel, and outsourcing/hosted
services.
http://www.instat.com/r/nrep/2004/IN0401601DDCN.htm>


<Search strategy:>

<"construction industry" internet survey respondents>
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=%22construction+industry%22+internet+survey+respondents>

<"construction industry" internet respondents>
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=%22construction+industry%22+internet+respondents>

<"internet usage" nahb>
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=%22internet+usage%22+nahb>

<acp construction survey>
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=acp+construction+survey>

<cit internet construction>
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=cit+internet+construction>


<Hope this helps.>
landrover72-ga rated this answer:5 out of 5 stars and gave an additional tip of: $100.00
Well done. This was a big help! Thanks so much.

Comments  
Subject: Re: How much of U.S. Building Contractors day is spent working Online
From: belindalevez-ga on 30 Aug 2005 23:10 PDT
 
Thankyou.

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