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Infusionsoft Unveils New Business Model After Record Growth to Bring Award-Winning Marketing and Sales Software to Mass Market
Infusionsoft Eliminates Upfront Fees, Rolls Out New Website and Offers Free Trial of Acclaimed On-Demand Solution to Entire Entrepreneurial Small Business Sector
| Source: Infusionsoft
GILBERT, AZ--(Marketwire - July 7, 2009) - Infusionsoft, the leader in automatic follow-up software for
small businesses, today announced record quarterly revenue and customer
growth as well as a major change to its business model by completely
eliminating required up-front fees (which previously ranged from $2,000 to
$6,000) for every tier of its service. In addition, the company will offer
a 15-day free trial of its product, complete with customer set-up and
support. The new model makes it pain-free for any small business owner to
learn how Infusionsoft can increase their sales revenue by solving one of
the biggest pitfalls facing the small business market today: staying in
touch with customers and prospects to convert interest into sales.
The new business model comes after two years of product and business
development for the company's flagship automatic follow-up software.
Infusionsoft says that today's announcement is an important first step
toward becoming the ubiquitous marketing and sales software provider in the
small business sector. Already established as the leading software by
experts in small business marketing and sales, Infusionsoft is now focusing
on the mainstream marketplace to help every small business automate their
sales and marketing operations in order to fuel growth.
Last year, the company completely redesigned their product to make it more
streamlined and user-friendly after extensive customer feedback studies.
Infusionsoft then went on to raise $7.9 million in venture capitalist
funding from a new investor in an otherwise investment-unfriendly climate.
Earlier this year, the company introduced a tiered pricing plan to
accommodate the needs of any small business, along with a guarantee to
double users' sales. These changes helped more small businesses than ever
get started with Infusionsoft, and resulted in the best quarterly revenue
and customer growth for the company to date. This June, Infusionsoft saw a
nearly 475% increase in customers over the same month last year, and an
increase of more than 225% in new customers compared to the same quarter of
2008. Now the elimination of up-front fees in conjunction with the free
trial will make the software accessible to all entrepreneurs who want to
grow fast.
"We have big plans for growth in the future and we know that this shift in
our business model will move us toward our end goal of liberating and
empowering all entrepreneurs," said Clate Mask, co-founder and CEO of
Infusionsoft. "This is something we've wanted to do for a long time: give
every entrepreneur the ability to fix their prospect and lead follow-up,
and thus double their sales. That's our promise to entrepreneurs, and our
customers have proven it over and over. Now we're taking this liberating
technology -- and our promise -- to the entire small business community."
The eliminated fees and free trial, combined with low monthly subscription
rates, means that small businesses will now have greater access to the
company's famous 'Double Your Sales' guarantee, a cornerstone of
Infusionsoft's approach to helping entrepreneurs avoid the pitfalls of
follow-up failure.
About Infusionsoft
Infusionsoft, the leader in automatic follow-up software, helps small
businesses grow fast by putting CRM, email marketing and e-commerce on
auto-pilot. The privately held Inc. 500 company is based in Gilbert, Ariz.
and is funded by Mohr Davidow Ventures and vSpring Capital. For more
information, visit www.infusionsoft.com.
Additional marketing and small business insight from Clate Mask and the
Infusionsoft team can be found on the Infusionsoft blog at
www.infusionblog.com, and the Infusionsoft Twitter feed at
www.twitter.com/infusionsoft.