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He says many small businesses are overwhelmed by the prospect of leveraging the flood of online information, particularly on social channels. Entrepreneurs managing their establishments in the current business environment have complained of high costs of trading thus compelling many enterprises to seek solace and go with an easier and more affordable CRM software in order to cut down on costs. So it’s critical that vendors in this market offer strong hosted products, small-business buyers are growing increasingly cognizant of the benefits of cloud-based software deployment. Similarly, over half of the respondents in our sample (46 percent) represent extremely small businesses with just 9 employees or fewer.
According to Leary, this supports his belief that small businesses have been slow to take advantage of the opportunities offered by social media, such as leveraging social signals to help sales reps create real-time interaction opportunities. Nearly all CRM buyers want a sales force automation application. Our analysis reflects a dramatic rise in the number of buyers requesting integrated CRM suites over the past year, all in all. Only 6 percent want a customer service application.
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