2021 CRM and Sales Impact Report
Insights from 1,000 sales professionals on what’s driving (or stalling) revenue and customer engagement
Check out the latest research in our 2022 Report here!
Download 2021 Report The State of CRM
CRM is big business
The US $35 billion CRM market provides the foundational technology for customer engagement.
CRMs are failing sales teams, customers, and prospects, with over half (58%) of UK sales leaders reporting that their CRM platform is costing potential revenue opportunities.
Almost half of UK companies surveyed (48%) said they cannot access customer data across marketing, sales, and service systems.
Nearly one-third say their customer data is incomplete, out of date, or inaccurate.
Cost of the Status Quo
With sales teams under more pressure to deliver than ever before, the quality of support sales teams get from CRM vendors is crucial.
Unfortunately, 58% of respondents cite inadequate training and help, or sufficient skills to customise their CRM.
58% of UK respondents say that the administrative burdens of their CRM causes friction for their sales team.
The average sales rep only spends 49% of their time actually selling.
Digital transformation, heightened competition, and customer expectations present you with a critical choice:
Fix your CRM deficiencies or risk losing market share.
Churn Rates
Without access to the right data, companies can’t keep customers happy or calibrate the customer experience to minimise churn.
56% of respondents in the UK said their customer churn has increased in the last 12 months.
Churn is costing
mid-market companies
$5.5 million a year each.
57%
of respondents say they have trouble predicting when customers will churn.
Even in hindsight, half of UK sales professionals 50% reported not knowing why customers have churned.
EYE Towards AI
AI is poised to move well beyond the chat bot.
The vast majority (83%) of those surveyed expect an increase over the next 24 months in the use of AI technology to augment more of their existing CRM processes.
Companies that significantly improve the accuracy and completeness of their customer data stand to gain better business outcomes.
Download the complete report for all the facts and figures based on our global survey of 1,000 sales professionals, plus a country comparison chart for the US, UK, Germany, and Australia.
Download 2021 Report
about sugarcrm
SugarCRM is how marketing, sales, and service teams finally get a clear picture of each customer to help businesses reach new levels of performance and predictability. Sugar is the CRM platform that makes the hard things easier.
Thousands of companies in over 120 countries rely on Sugar to achieve high-definition CX by letting the platform do the work. Headquartered in Silicon Valley, Sugar is backed by Accel-KKR.