Saturday, April 14, 2012

Infusionsoft Revamps Its Interface, Adds New Campaign Builder, Web Analytics and Lead Scoring

Infusionsoft introduced its latest release earlier this month. This included a full revamp of its customer interface, a new campaign builder and shopping cart, and new capabilities for Web analytics, lead scoring, and lead source reporting.

Stated so plainly, this doesn’t sound like much. But Infusionsoft says it’s the biggest release in company history and I've no reason to doubt.  A new interface and campaign builder are big projects.

Both represent significant improvements over previous Infusionsoft editions. The interface is cleaner, organized around tasks rather than data objects, and lets users customize their menu of top-level functions. The campaign builder now supports branching flows, timers, and multi-step sequences with a smooth drag-and-drop interface. The shopping cart is also significantly more powerful. Lead scoring (nicely executed), Web analytics, and lead source reporting all fill major gaps in the product.

That said, this is still an evolutionary release for Infusionsoft. In part, this is because the company is careful not to overwhelm clients with too many changes. More fundamentally, it reflects Infusionsoft's steady focus on solving the same problem for the same customers: helping businesses with under 25 employees run their marketing, sales and e-commerce more efficiently.  This lets Infusionsoft understand its customers' needs deeply and build systems that meet them.  The company conducted more than 500 interviews in preparing the new release.        

Infusionsoft still has a ways to go.  The new release adds some missing marketing features but doesn’t incorporate social media, blogging, or Web site management. These are common needs for small businesses, so I’d consider them gaps in the product. The system also lacks dynamic content, custom data tables, and sophisticated user rights management – but those are more relevant to larger firms than Infusionsoft’s target customers.  Split testing is also missing – and even though few small businesses do it, I'd argue it belongs in the product, because they should.

Infusionsoft also reported that it continues to grow nicely.  The company now has 8,500 customers, 30,000 users, and expected revenue of $40 million in 2012, up 50% over $26 million in 2011. It is expanding its service offerings, app marketplace, and network of consulting partners – a critical resource for small businesses that often have little in-house marketing talent.  Pricing on the new release remains unchanged, with full-featured versions starting at $299 per month. 

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