by Marshall Lager | May 7, 2023 | Blog, News |
Zoho hosted its usual Analyst Day to coincide with the annual Zoholics event in Austin TX. You’ll likely have seen the announcements already, as well as some analysis of them; I’d like to focus on one set. Zoho has opened up beta access to a set of apps that are specifically targeted to serve solopreneurs, small business owners in the making, freelancers, and similar individuals. Briefly, these apps include: Zoho Start, which guides individuals through the process of launching a business; Zoho Publish, a visibility tool to access listing services, maps, and feedback sites; Zoho Tables, a hybrid spreadsheet/app combining ease of use with team access; and Zoho Solo, a mobile-only set of essential CRM and other business tools for solopreneurs. On the one hand, this is very smart. The majority of solo/small businesses worldwide have a smartphone or tablet as their only computer, driven by the commonality of solopreneurs around the world, both in the developed and developing worlds. The figures Zoho quoted to us included 5 million new business launches in the US annually, more than 33 million existing small businesses, and 70 million people who consider themselves freelancers. By catering to this audience with apps and services that support them specifically, Zoho taps into a huge market that is not otherwise well served. On the other hand, this approach is self-limiting. While we’re talking about majorities, the vast, vast majority of potential users will never grow beyond a one-person, one-device business, nor will they want to. The ones that do grow still aren’t likely to reach a level of revenue that will require a more extensive...
by Marshall Lager | Nov 16, 2022 | Blog, News |
The world is getting back to normal, which means two things: Vendors are shifting back to in-the-flesh conferences, and I’m writing again. The convergence of these two facts leads to me cranking out a short blog about SugarCRM’s Analyst Summit, held Nov. 10 in Santa Cruz, CA.The real highlight of the event for me was speaking to Sugar’s customers, a healthy handful of whom were in attendance. This is a change from my usual experience, where I’m more absorbed in what the host company is doing in terms of strategy and/or product. These customers—I interviewed executives from an air travel contractor, a for-profit shoe charity, and a surgical instrument sterilizer, among others—were the stars of this show. It was a refreshing experience. Feel the Message The expected updates to Sugar’s product road map were there, along with some healthy discussion of messaging. As always, I appreciate Sugar’s leadership team and its willingness to listen to feedback on how the company presents itself and adjust accordingly, or at least tell us why they will keep what they have. But the real message for me was those customers and their relationships with Sugar. Most of the time, there’s a certain sameness about the reference customers vendors trot out at events like this; they’re either recognizable brands or have easily explained businesses, they have a typical application and employee environment, and the ROI story is A-B-C. Vendors want you to understand why their customers chose them, and sometimes a challenging story can delay that understanding. Truthful Tales, Timely Told SugarCRM’s spotlight customers for this summit brought their passion for their work with...
by Marshall Lager | Jun 1, 2021 | Blog, Sponsored |
The enterprise software world is one where few, if any, companies can stand alone. Cloud computing has greatly increased the availability and usability of business applications. However, no vendor can claim to supply a complete homegrown solution. The SaaS world is one of partnerships. Partnerships are best when all the partners are trustworthy.Business software customers still need to pick a brand and stick with it for a while. That brand—the platform—represents a serious investment of time and trust. Sure, you own your data, and changing platforms is supposed to be easy. But ask anybody who’s done it whether they would want to do so again next year.Platform customers have to weigh more than just the price and features of each platform provider. They must also consider what the future holds for that platform and its partners. None of the big platforms are likely to disappear or merge anytime soon, but their fates and fortunes are not constant. They also have histories and reputations. Increasingly, they have prominent social and/or political stances as well. Those issues matter enough to some business owners and investors to affect their decisions. There are also simpler matters, like whether the customer likes the feel of the software environment, or has concerns about possible changes. Can I Trust You? In the end, these decisions boil down to variations on a single question: “Can I trust you with my business?” Contracts and commercial laws deal with businesses that act in bad faith; this is more about responsibility, reliability, and safety. Examples: Will you continue to support the applications I use?Is my data secure?Do you have good...
by Marshall Lager | May 5, 2021 | Blog, Sponsored |
You may have heard about The Lean Startup by Eric Ries, or the idea of an MVP (minimum viable product). These methodologies say only build what subscribers ask—and will pay— for. Business app development isn’t a one-way street; sometimes a customer will come to you with an idea for a product you wouldn’t otherwise have had in your cycle. When that happens, a responsive company with a close relationship to its customers will be able to deliver something new. Such was the case when financial advisory firm White Glove came to Fastcall with a request regarding Einstein Conversation Insights.Salesforce recently introduced Einstein Conversation Insights. ECI transcribes a recorded conversation, identifies keywords and records metrics (such as talk time per recipient) from phone calls, and provides recording shortcuts to quickly review the calls. Rob Lyons, head of technology for White Glove, identified a natural fit for ECI with his company’s existing use of Fastcall. “I saw this feature was available to us as HVS users,” Lyons says. “I wanted to see if this AI could give me insight into our sales calls beyond standard activity logging.”Such requests are part of the job for Fastcall founder Rich Rosen, and they often spring from curiosity. “Subscribers ask us for stuff they do not really plan to implement,” Rosen says. “We do the work, it does not get used, but is available for the next subscriber.” Even so, this is where innovation is born. “It was worth doing as this is a differentiator,” Rosen says. “Not many other CTI apps have the integration. And it gave us a chance to reach out to...
by Marshall Lager | Apr 7, 2021 | Blog, Guest Post, Sponsored |
This post is a guest piece from Richard Rosen, CEO and founder of Fastcall, a Salesforce CTI vendor and one of my clients. I was talking with Rich about customer focus for focused businesses in a crowded market, and our talk drifted into how limits aren’t a bad thing.Our chat was fun. It was deep. Quotes from the Tao Te Ching and/or a Star Wars prequel may have been thrown around, and I didn’t want to keep it private. To that end, I asked Rich to turn it into something applicable to other business readers. Fastcall is my client and it’s my job to show its strengths, so of course it’s the example in play here. But Rich presents a much-needed perspective whether you’re a user or developer of business applications. I turn things over to him now.Representing your brand as an owner requires a tricky balancing act in an industry where integrity and thought leadership are highly valued. You want to attract new customers and shout the qualities of the product, of course. But that’s making a sales pitch, and nobody wants to read a sales pitch. Then again, integrity and thought leadership mean revenue in the future, when your company (especially a smaller one) needs revenue now.I’ve been holding back from writing about what Fastcall is capable of—that’s what the website and the AppExchange listing are for—but this is an incredible company and there’s plenty for me to brag about. So here’s my plan: I will talk about what we at Fastcall do best, but with as little reference to our products as possible. It’s about why...
