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Hi, everyone. First of all, thanks for all of the comments on my recent Support blog. I hope this one proves to be as interactive. The topic I would like your input on is related to the current US economic landscape, its impact on your business, and how we (Sage) can help. We recently did a survey to our Peachtree customer base to find out how the weakening economy is impacting their businesses. Some key findings from this survey are:
Although not surprising, these statistics were fairly alarming to us. In fact, it quickly got us thinking about how we could help. The changes we’ve made as a result of this data include the introduction of installment payment options for many of our offerings (including upgrades and Quantum). We also launched some webinars for many of our customers on the Business Care service related to how the capabilities of Peachtree can help you weather the storm (keeping tighter control over your business).
My questions to you are 1) how has the economic climate impacted your small business and 2) can you think of innovative ways we (Sage) can help. Keep in mind that giving all of our products/services away for free to everyone isn’t possible – since we also have to remain in business; however, we sincerely want to offer services or innovative business models to help you get through these tough times.
Maybe you’ve been able to see past all the dire headlines to find some unique opportunities. What competitive advantages in your industry or geographic location could help you not just survive, but thrive over the next year, and how might we work together to help you attain them?
Thanks in advance for your responses and innovative ideas to this blog.
Connie Certusi
- 53% of Peachtree customers indicate the state of the US economy has negatively impacted their business
- 72% of those who have been negatively impacted indicate they do not expect conditions to improve in the next 6 months.
- 43% of Peachtree customers indicate their sales have declined YOY on average 20%
- 81% of Peachtree customers indicate their cost structure has increased YOY an average of 15%
- 52% of Peachtree customers indicate the poor economy has impacted their ability to remain profitable
Although not surprising, these statistics were fairly alarming to us. In fact, it quickly got us thinking about how we could help. The changes we’ve made as a result of this data include the introduction of installment payment options for many of our offerings (including upgrades and Quantum). We also launched some webinars for many of our customers on the Business Care service related to how the capabilities of Peachtree can help you weather the storm (keeping tighter control over your business).
My questions to you are 1) how has the economic climate impacted your small business and 2) can you think of innovative ways we (Sage) can help. Keep in mind that giving all of our products/services away for free to everyone isn’t possible – since we also have to remain in business; however, we sincerely want to offer services or innovative business models to help you get through these tough times.
Maybe you’ve been able to see past all the dire headlines to find some unique opportunities. What competitive advantages in your industry or geographic location could help you not just survive, but thrive over the next year, and how might we work together to help you attain them?
Thanks in advance for your responses and innovative ideas to this blog.
Connie Certusi
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