{"id":10005,"date":"2024-03-20T09:41:07","date_gmt":"2024-03-20T09:41:07","guid":{"rendered":"https:\/\/www.salesforce.com\/?p=10005"},"modified":"2024-03-20T09:41:08","modified_gmt":"2024-03-20T09:41:08","slug":"small-business-statistics","status":"publish","type":"post","link":"https:\/\/www.salesforce.com\/eu\/blog\/small-business-statistics\/","title":{"rendered":"How Small Business Leaders Are Strategising with AI, Data, and CRM"},"content":{"rendered":"\n

Are you greeted by name when you stop by your corner grocery store to pick up a gallon of milk? Does your neighbourhood barista remember your favourite drink order? These experiences give consumers the warm fuzzies and create incredible customer loyalty. Small businesses have long been known for building strong relationships, and for offering more personalised customer experiences than their larger counterparts. But how are small businesses adapting in a world that\u2019s increasingly digital, and where artificial intelligence (AI) is poised to fundamentally change how businesses are run?\u00a0<\/p>\n\n\n\n

To find out, we asked small- and medium-sized business (SMB) leaders and decision makers globally what they\u2019re prioritising in our latest Small and Medium Business Trends Report<\/a>. How do small businesses maintain the white-glove customer experiences they\u2019re known for? With the rise of AI, how do SMBs keep the customer at the centre of their operations?

It\u2019s no surprise that CRM is at the heart of it all. In fact, 92% of SMB marketing teams are already using CRM tools and technologies. <\/strong>In addition to utilising CRM tools, here are three ways SMBs are strategising for a digital, AI-led future in the years ahead.<\/p>\n\n\n\n

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Get the newest SMB trends & insights<\/h2>\n\t\t\t\t\t\t\t

Discover the strategies used by small business leaders to meet challenges and drive impact using AI + Data + CRM.<\/p>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t

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1. SMBs are investing in maximising customer service and minimising data silos<\/strong><\/h2>\n\n\n\n

Customer service is key for maintaining strong, post-sale relationships. SMBs are using an increasing number of service channels to further reach customers and collect as much information as possible. But more data sources can mean increased complexity, along with the potential to frustrate customers. For example, customers might have a great service experience through social media, but when they reach a call centre, they might need to start from scratch.\u00a0<\/p>\n\n\n\n

According to our report<\/a>, today\u2019s SMBs use an average of nine service channels as they continue to invest in CRM tools and technologies that streamline operations. Our report also shows that SMBs recognise the value of developing unified data strategies to avoid silos and provide a better customer experience \u2014 64% of SMB service professionals say all departments use the same CRM software to bring together their data.<\/strong>\u00a0<\/p>\n\n\n\n

2. SMB marketers are prioritising a personalised customer experience<\/strong><\/h2>\n\n\n\n

Personalisation is a strategic, business-wide priority, and it continues to be job number one for marketers. Customers want to be known, and they expect companies to understand their wants. In fact, 65% of customers expect<\/a> companies to adapt to their changing needs and preferences. So it\u2019s no surprise that SMBs have identified personalised customer experience as a critical aspect to finding, winning, and keeping customers for the long haul.\u00a0<\/p>\n\n\n\n

While roughly nine in ten companies of all sizes use CRM platforms, it\u2019s interesting to note that SMB marketers have the highest adoption of such tools, outpacing their larger counterparts. In fact, 80%<\/strong> of SMB marketing teams are already adapting their marketing tactics based on customer interactions.<\/strong><\/p>\n\n\n\n

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3. SMBs are embracing AI for a wide variety of applications<\/strong><\/h2>\n\n\n\n

The AI era is upon us and SMBs see its potential impact for their business. Customers expect fast, personalised experiences, and AI can help deliver them. Predictive AI has seen past adoption, but now generative AI tools are opening up a world of new possibilities. This is reflected in the data from our report, as 62% of SMB desk workers believe generative AI could help them serve customers better. <\/strong>In addition to freeing up time for business-critical work, AI enables SMBs to streamline tasks, provide personalised experiences, accelerate workflows, and much more.<\/p>\n\n\n\n

There\u2019s no question that data, AI, and CRM can help drive small business success. When you use all three together, you can create a perfect formula for maximising personalisation and the customer experience. To learn more about how your business can get started with CRM, check out our small business offerings<\/a>.\u00a0<\/p>\n\n\n\n

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Leverage AI to focus more on your customers<\/h2>\n\t\t\t\t\t\t\t

Download the newest SMB Trends Report for a full rundown of insights, trends, and strategies from SMB leaders worldwide.<\/p>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t

\n\t\t\t\t\tGet the Full Report<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t
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An ever-changing world requires adaptation and continuous growth. Here\u2019s how small- and medium-sized businesses are reacting.<\/p>\n","protected":false},"author":137,"featured_media":10004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sf_justforyou_enable_alt":true,"optimizely_content_id":"48d87fce925a488e8be6395594ab5f1c","post_meta_title":"","ai_synopsis":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"sf_topic":[41,11,67,32,224,251],"sf_content_type":[],"coauthors":[353],"class_list":["post-10005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","sf_topic-crm","sf_topic-data-culture","sf_topic-leadership","sf_topic-small-business","sf_topic-c-suite","sf_topic-ai"],"yoast_head":"\nSmall Business Trends: Leaders Focus on AI & Data | Salesforce<\/title>\n<meta name=\"description\" content=\"Read about the three ways small and midsize business leaders are strategising for a digital, AI-led future in the years ahead.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.salesforce.com\/eu\/blog\/small-business-statistics\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Small Business Leaders Are Strategising with AI, Data, and CRM\" \/>\n<meta property=\"og:description\" content=\"An ever-changing world requires adaptation and continuous growth. 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