What’s the best CRM for small business in 2020
CRM is the # 1 software market today, bringing in
nearly $ 40 billion worldwide, growing 16 percent per year, and used by 91
percent of businesses with more than 11 employees. But chances are if you're a small
business owner, you never even heard the term “CRM” until the past few years.
However, with Main Street hit by the digital
revolution, a limited range of CRM software solutions have been built to
address the unique needs of busy small business owners. The right CRM will
level the playing field against the world's Walmart and Amazons, enabling
owners to identify, sell, and attract their customers and thereby increase
revenue.
Before we talk about the main features that make
CRMs important to every small business (including mom-and-pop shops,
restaurants, hair salons, tire shops, shoe stores, and any other local
business), let's talk about the key issues facing small business customer
relationships — problems that every CRM designed for small business needs to
address.
1 Small company do not know who their clients are
except a handful of "regulars"
2 It is difficult for small businesses to obtain
customer contact information and to apply transaction and correspondence
history to customer records
3 Small businesses are struggling with customer
segmentation into appropriate categories to allow for effective marketing
campaigns
The biggest reason small business owners weren't
interested in CRM is that there was no CRM planned for them. Luckily this is
changing
Several CRMs are now intended for small businesses.
Most, however, are designed for "small to medium-sized
enterprises"—medium-sized enterprises have more than 100 and up to 999
employees — which makes them very insignificant to the vast majority of local
shops.
So what are the main attributes for small
businesses like yours which make the best CRM?
The best CRM for Small Business 2020
has to match a small budget
Small business owners living on low, profit margins
of 2-3 percent can not afford to pay thousands of dollars a month for a CRMsolution at the enterprise level.
The best CRM will be inexpensive for small
businesses and will have an immediate profit for the company.
Enterprise CRM platforms were designed with large
amounts of working capital and big marketing budgets for massive companies, and
all of them have complicated pricing structures.
Any successful small business CRM needs to be
designed for small companies from the start and with a clear understanding of
their particular situation and budget constraints, rather than as an
afterthought or "watered down" version of a big business CRM.
The best CRM needs to be easy to use
for small businesses
Enterprise-level CRMs such as Salesforce and Oracle
need almost one or two full-time workers whose sole task is to operate the CRM
platform and to collect marketing and customer experience management teams data
Does it sound like a small business owner has the time or money to do that?
None.
Moreover, even many small business CRMs need
several hours of work a week to manually enter customer addresses, collect
email and other related data, and handle any marketing campaigns.
Busy small business owners need a CRM that
simplifies their lives, and not one that complicates them.
Although enterprise CRM software is designed to
drive use and interaction, the best small business CRM software can automate
most, if not all, of key tasks to keep owner/user inputs to a minimum and save
as much time as possible for busy small business owners.
CRM software can simply not be used and needs
continuous time and effort from the business owners.
Indglobal’s CRM
program has been shown to save 10 hours per week for the average business
owner. Imagine what you could do with 10 more hours a week!
The best small business CRM with useful
data will be 'pre-populated'
When it comes to CRM, the main problem small
businesses face is that they don't know their customers.
Big businesses use multi-million dollar systems and
sales processes to capture and collate customer names, contact details, credit
card information, email addresses, and more, but small stores may know only a
few "regulars" and have no real means of gathering, organizing, and updating
customer information.
At indglobal, we label this the "zero data
challenge." indglobal solved the zero data problem for small businesses by
developing the world's only pre-populated CRM
When a customer works with the company, indglobal
CRM automatically generates or updates a customer profile, drawing on a
proprietary database of 250 + million consumer profiles and transaction data of
more than $1 trillion
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