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And John right that people do refine their searches but they do it on the site as well. If they actually did typed in "laptop", landed on your site which is "trustable" they will do that research or refine the search on your site. So if overture shows 150000 searches a month and you get only 50 visitors a day try to look at what is wrong with your site.
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I don't think there is anything wrong with the person's site. The visitors aren't even clicking on the listing to see the site. I noticed this in many, many case where the website had a #1 listing.
Personally, I doubt that most of those searches are legitimate. And of those that are legitmate, many refine their search term without clicking on anything.