B2B leaders say their firms have increasingly been using customer relationship management (CRM) systems as centralized communications hubs for nurturing leads, according to recent research from SugarCRM.

The report was based on data from a survey conducted between May 15 and July 1, 2023, among more than 800 global B2B sales, marketing, service, and IT leaders across various industries.

Respondents say the CRM-based marketing and sales activities their organizations have prioritized more over the past five years have been centralized communications (60% cite), forecasting and pipeline insights (43%), and intent data and/or lead scoring (41%).

CRM-based marketing and sales activities organizations are prioritizing

B2B leaders say the parts of the buying journey that they've focused on most with their CRM over the last five years are customer service/upselling/cross-selling (33% cite) and mid-funnel lead generation/nurturing (32%).

Parts of the buying journey that organizations have used CRM for in the past 5 years

Respondents say their top priorities for maximizing the value of their CRM over the next five years are gaining a complete view of all customer interactions (45% cite), leveraging AI (20%), and targeting/personalizing content across channels (14%).

Organizations' top priorities for maximizing CRM value

B2B leaders say the biggest challenges they face with their CRM are platform feature limitations (41% cite) and technology integrations (41%).

Biggest CRM challenges organizations face

About the research: The report was based on data from a survey conducted between May 15 and July 1, 2023, among more than 800 global B2B sales, marketing, service, and IT leaders across various industries.

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How B2B Firms' CRM Usage Is Evolving

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ABOUT THE AUTHOR

image of Ayaz Nanji

Ayaz Nanji is a writer, editor, and a content strategist. He is a co-founder of ICW Media and a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, and the New York Times.

LinkedIn: Ayaz Nanji

Twitter: @ayaznanji