By Nicola Wright
On the lookout for the right CRM software?
If you’ve decided that your business could benefit from a CRM solution, the next step is to find out which one will best fit your needs. With so many CRM products on the market, however, that’s no mean feat.
Even if you’re new to the business software world, there are probably a handful of products that you’ve come across already. Though the advent of cloud-based solutions has allowed the industry to diversify, there are still a few vendors that command significant shares of the market.
If you’re struggling for a place to start on your software selection journey, taking a closer look at some of these popular, proven vendors could be a good idea.
To help you find the perfect software vendor for your organization, we’ve put together a series of guides comparing some of the largest and most popular CRM products available today.
In this edition, we’ll be comparing two cutting-edge, cloud-based CRM vendors; Microsoft Dynamics and HubSpot.
Launched in 2002, inbound marketing and sales platform HubSpot has long been a key player in the contemporary, second-wave internet software world. Over the past 15 years, HubSpot has made many acquisitions, and padded out its CRM offerings to include sales and marketing modules. In 2017, HubSpot acquired AI software company Kemvi, in an attempt to catch up with other business software vendors already utilizing machine learning in their products.
Microsoft Dynamics 365 was released in 2016, as a revamped, cloud-based consolidation of its prominent Dynamics CRM and ERP programs. Since 2003, Microsoft’s CRM products have been some of the most popular and robust CRM systems in the ecosystem. Now delivered as part of Dynamics 365’s complete business software platform, Dynamics CRM remains at the forefront of the market.
In a market dominated by long-standing software companies and enterprise customers, HubSpot has made a name for itself as a more accessible, user-friendly option for organizations of all sizes looking to dip their toes into business software. Primarily thanks to its free customer database software, HubSpot has become a major player in the CRM field. But in a multi-billion dollar market, can a free platform really offer the functionality that growing businesses require?
There are three elements to HubSpot’s customer relationship management platform:
HubSpot CRM is a free customer information management platform, which serves as a foundational database for its paid Marketing and Sales integrations.
HubSpot is well-known for its inbound marketing strategies, and much of its functionality focuses on things like content creation, social media management, and optimizing websites. Its Sales Hub app was initially released in 2013 as an add-on feature, and has grown into a standalone set of tools for salespeople.
At the moment HubSpot does not offer any tools to manage customer service, but will be releasing a new app, Customer Hub, to fill this some time in 2018.
Module | Features include: |
HubSpot Marketing Hub | Email marketing Marketing automation Lead management Analytics Website management Blogging Landing page management Social media management Social listening SEO Ad management |
HubSpot Sales Hub | Email management Document tracking Meeting scheduler Live chat Call queuing Sales automation Reporting |
Dynamics 365 currently features three primary CRM-focused apps, with another due for release in early 2018. Each app can be used as a standalone service, or in conjunction with any of the other apps from the Dynamics 365 suite. All of Microsoft’s products, including Dynamics, Office and Outlook, share the same data model, and can utilize and learn from data from across all products.
The apps that make up Dynamics 365’s CRM service are:
Included with both Sales and Customer Service at no extra cost, Dynamics 365 also offers a social media management and social listening app, Microsoft Social Engagement.
Module | Features include: |
Dynamics 365 for Sales | Customer data management Opportunity and funnel management Partner Relationship Management Task management Sales performance management Contract management Quote and order management Marketing automation Customer service Knowledge base management Reporting and analytics |
Dynamics 365 for Customer Service | Cross-channel customer case management Self-service portals Knowledge base management Service intelligence Incident routing |
Dynamics 365 for Retail | Payments Purchase orders Sales tax Call center Channel setup and management Modern Point of Sale (MPOS) and Cloud POS Order fulfillment Monitoring and analysis Discounts and price adjustments Products and merchandising Loyalty scheme management Inventory management Human resources Retail tasks Retail development and administration |
Dynamics 365 for Marketing | Confirmed features: Customer journey management Landing pages Email marketing Multi-channel campaign management Event planning and management, including event portals Lead management Webinars Marketing analysis with Power BI |
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HubSpot offers a free, cloud-based CRM platform for businesses that want to dip their toes into the world of CRM without financial commitment. HubSpot’s free plan has no time limits, and has no limit on the number of users who can access it.
HubSpot Free includes basic contact storage, pipeline management, task management, email marketing templates through Outlook or Gmail integration, and calling.
Though HubSpot’s contact management especially is relatively robust, other features in its free version — such as call minutes, templates, and outbound emails — are limited, and require users to purchase Sales Hub and Marketing Hub integrations for full usage.
Plan | Price | Includes |
Marketing Hub | ||
Starter | $50 /month
+ $600 one-time onboarding fee |
Lead analytics dashboard Lead flows Collected forms Contact activity Contact management Contact & company insightsHubSpot branding removed Custom form fields Phone & email support |
Basic | $200 /month (up to 100 contacts)
+ $600 one-time onboarding fee |
As above plus: Blog & content creation tools SEO & content strategy Mobile optimization Social media Email marketing Calls-to-action Landing pages Analytics dashboards Standard SSL certificate Subdomain availability |
Professional | $800 /month (up to 1,000 contacts) + $600 one-time onboarding fee |
As above plus: Marketing automation Goal-based nurturing Salesforce integration Smart content Attribution reporting User roles A/B testing |
Enterprise | $2,400 /month
(up to 1,0000 contacts) + $600 one-time onboarding fee |
As above plus:
Custom revenue reporting Custom event reporting |
Sales Hub | ||
Starter | $50 /user/month
+ $600 one-time onboarding fee |
Gmail and Outlook integration Contact management Contact & company insights Companies Deals Tasks Email scheduling Email tracking & notifications Email templates Documents CallingMeetings Canned snippets ReportingProspects Live chat Email sequences Phone & email support |
Professional | $80 /user/month
(Minimum 5 users) + $600 one-time onboarding fee |
As above plus:
Teams |
There are some less obvious costs to be aware of when it comes to HubSpot. HubSpot prices its paid integrations according to the number of contacts users have in their CRM database. While the free version supports up to 1,000,000 contacts at no cost, if users implement the premium Sales and Marketing Hub services, they will be charged per one thousand contacts.
Marketing Hub’s Basic Plan, for example, starts at $200 /month for up to 100 contacts. For every additional 1000 contacts, the monthly cost increases by $100. For the Professional and Enterprise plans, the cost increases by $50 and $10 per 1,000 contacts respectively. HubSpot also offers some additional product bolt-ons and services, including:
Features
Premium Services
Dynamics 365
With Dynamics 365, users have the option to purchase CRM functionality as standalone modules, or opt to license several apps together at a discounted rate through one of two plans.
Dynamics 365 allows users to bundle their ERP and CRM operations together in one product if they require software to run both front and back-end operations, but for those looking only for CRM functionality, there’s also a sales and marketing-aligned package.
The Dynamics 365 Plan is a full set of both ERP and CRM apps, giving users access to every module in the suite. The Customer Engagement Plan focuses on CRM functions, and does not include ERP apps. It should be noted, however, that as Retail is an e-commerce app it could be broadly classified as both an ERP and a CRM solution. Microsoft has chosen to align it to its ERP arm, and therefore is not available as part of the Customer Engagement Plan.
Microsoft Dynamics vs HubSpot: pros and cons
It’s clear that HubSpot’s focus on modern, inbound marketing techniques, and its unusual pricing model make it a unique product in the market. But is that enough for it to truly compete with the more robust CRM offerings like Dynamics 365? Let’s take a look at the benefits and drawbacks of each solution:
Pros: Dynamics 365
Pros: HubSpot
Cons: Dynamics 365
Cons: HubSpot
Next steps
Both HubSpot and Dynamics 365 have their advantages, but whether either is the right match for your business will depend mainly on its type (and size), the features you need, and your budget.
If you think either of these products could be the one, then you should get in touch with the vendors to ask for a proper business proposal, and a personalized quote.Users can get a feel for HubSpot by signing up to its free CRM service, and Dynamics 365 offers demos and free trials to help you decide whether its CRM tools will suit your team.If you want to see how Microsoft Dynamics compares to other giants of the business software world, we’ve stacked it up against Oracle, NetSuite, and Salesforce to help you make the right choice.
The key to an effective roll-out is having an expert on your side. Upload your specifications, and we’ll find the right Dynamics 365 professionals to make your implementation a success.
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