The Age of the Connected Customer

Growing a business has never been easy. But these days, it feels impossible.

Companies are trying to predict growth in an unpredictable macro environment. The economy is down, the market is volatile, socio-political issues are raging, and the dust is still settling on hybrid work. Every week, there’s a new twist or turn.

In case navigating all this uncertainty isn’t hard enough, companies are dealing with another major shift. Over the past year, the strategies that businesses rely on to attract, engage, and delight customers have started to break. It’s harder to generate demand, drive leads, reach prospects, and meet customers’ high expectations. At the height of the pandemic, many businesses thrived in a digital-first world, but now that momentum is slowing and it’s harder than ever to connect with customers.

The flywheel feels frozen. But why?

This question keeps me up at night. Helping organizations grow better is our mission at HubSpot. We’re passionate about helping scaling companies get ahead and navigate periods of uncertainty. That’s why we went on a listening tour to understand what’s standing in the way of our customers’ growth, and how we can help solve it.

Across hundreds of conversations with customers, there was one word that kept coming up: disconnected. We discovered that companies are in a crisis of disconnection today, caused by three major disconnects. They’re struggling with disconnected systems, disconnected people, and disconnected customers. I want to share what we’ve learned about each disconnect, and how we believe companies can solve this crisis.

Systems Are Disconnected

The first theme we heard loud and clear is that companies are struggling with disconnected systems. This has always been a problem, but it’s gotten worse over the past few years. We recently ran a pulse survey to understand the biggest challenges businesses are facing, and the number one pain point was disconnected systems (HubSpot Market Research, 2022).

It makes sense when you think about it. During the pandemic, companies shifted to fully-digital overnight and there was a frenzy of buying point solutions. They bought a tool for every task, every team, and every department. As a result, the average scaling company has 242 SaaS tools today. The problem isn’t that companies have a lot of tools, though — it’s that too few are connected. Each has its own data and processes but there’s no one place tying it all together.

As a result, companies are spending more time connecting data than connecting with their customers. They have to spend hours cleaning data and trying to cobble insights together from different systems. What’s worse is that their go-to-market teams don’t have a unified view of the customer’s journey, so they’re working in silos and their customer experience is suffering.

It’s a total mess.

That’s why, when it comes to growth, it’s time to accept that disconnected point solutions are not the solution.