CRM

HubSpot Vs. Salesforce (2024 Comparison) – Forbes Advisor





HubSpot Vs. Salesforce (2024 Comparison) – Forbes Advisor






































Contributor,  Managing Editor, SMB

Updated: Apr 20, 2024, 7:06pm

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations.

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Salesforce and HubSpot are top-rated customer relationship management (CRM) software options, but which CRM is right for you? Before committing to a solution, it helps to explore where these CRMs excel and where they fall short. With this review, Forbes Advisor takes a look at Salesforce vs. HubSpot so that you can make a fully informed CRM platform decision.


Salesforce Vs. HubSpot At a Glance

Salesforce and HubSpot are widely considered two of the best marketing CRMs available today. Salesforce is a complex CRM that offers sophisticated tools unmatched by any competitor. The downside is that complexity comes with a high price tag and a long learning curve. HubSpot is more user-friendly and budget-friendly but that’s because it doesn’t have Salesforce’s extensive features.

Salesforce

Salesforce
Salesforce

Editor’s Take

Salesforce is a feature-rich CRM that comes with various sales management tools, including lead assignment, lead scoring, collaborative forecasting, sales engagement automation, workflow automation and contact management.

Salesforce’s team collaboration tools make it easier to manage complex sales opportunities that involve multiple sales reps working with multiple contacts within prospect organizations. The CRM can also track the impact of marketing campaigns in terms of lead capture.

Pros & Cons

  • Complete CRM system
  • Highly customizable
  • Excellent reporting capabilities
  • Superior lead scoring
  • 1,000-plus integrations
  • Long learning curve
  • Expensive
  • Nonintuitive interface
  • Time-consuming implementation

Pricing

Salesforce packs each of its four CRM plans with helpful sales tools. The company also offers several add-on services—such as Salesforce Maps, Einstein Relationship Insights and Journey Builder—that come at an additional cost. If you’re in the process of choosing CRM software and are thinking about selecting Salesforce, consider both initial plan costs plus add-ons you’ll need. Plans are billed annually. Here’s a glimpse at what you get:

  • Essentials ($25 per user, per month): This starter plan includes the basics, such as account, contact, lead and opportunity management functionality and email integration with Gmail and Outlook.
  • Professional ($75 per user, per month): When you upgrade to the Professional plan, you gain additional CRM features such as pipeline and forecast management, the ability to create and track quotes and orders and unlimited custom applications.
  • Enterprise ($150 per user, per month): With the Enterprise plan, you get all the features in the lower-tier plans, plus sales team collaboration, advanced reporting, opportunity scoring and unlimited roles and permissions.
  • Unlimited ($300 per user, per month): The Salesforce Unlimited plan includes every feature in the lower-tier plans, plus 24/7 support, advanced sales engagement and insights tools, the Developer Pro Sandbox, predictive forecasting, lead scoring, pipeline inspection, conversation insights and premium activity capture.

HubSpot

HubSpot
HubSpot

Editor’s Take

HubSpot’s CRM is often considered a lightweight alternative to Salesforce. Depending on your needs, you’ll likely pay less for HubSpot, but you won’t have access to the sheer power and customizability Salesforce delivers. All HubSpot plans, including the free plan, come with contact management, email scheduling, deal pipeline meeting scheduling, team email and user management.

Pros & Cons

  • Free option
  • All-in-one CRM solution
  • Excellent segmentation features
  • HubSpot Academy offers free training
  • 500-plus integrations
  • Higher-tier plans are expensive
  • Annual commitment required
  • Limited configuration options
  • Onboarding fees charged for Professional and Enterprise plans

Pricing

HubSpot offers a free plan and three premium plans. HubSpot’s CRM pricing scales as the number of users on the account grows. Although HubSpot accepts monthly payments, annual commitments are required. You’ll pay 10% more for month-to-month payments. Here are key features and prices for each HubSpot plan:

  • Free: The free plan is extremely limited compared to the paid plans. It includes 10 custom properties and up to three dashboards with 10 reports per dashboard, up to five HubSpot-branded template templates and a limit of 200 email notifications per month.
  • Starter CRM Suite: Starter plan fees begin at $30 per month and $25 per month, per additional user. Free tools include the Marketing Hub Starter, CMS Hub Starter, Sales Hub Starter, Service Hub Starter and Operations Hub Starter.
  • Sales Hub Professional: Plans start at $450 per month for five users and $90 per month, per additional user. A one-time $375 onboarding fee is required. Professional plans include all Starter plan features plus sales analytics, teams, sales automation, 1:1 video messaging, ABM tools and forecasting.
  • Enterprise: HubSpot’s top-tier plan starts at $1,200 per month for 10 paid users; additional users cost $120 per month. You’ll also pay a required one-time Enterprise Onboarding fee of $3,000. Enterprise customers have access to all lower-tier features plus playbooks, conversation intelligence, advanced permissions, hierarchical teams, custom objects and predictive lead scoring.


How Salesforce and HubSpot Stack Up

HubSpot offers a free plan for basic CRM needs while Salesforce does not. You can get acquainted with the Salesforce platform using the 30-day free trial while HubSpot provides a 14-day free trial for its paid plans. Both platforms deliver essential CRM functionality, including sales forecasting, email marketing and contact and lead management.

Salesforce shines when it comes to customization, analytics and advanced features. HubSpot trumps Salesforce when it comes to user-friendliness and low-cost plans.


Bottom Line

Salesforce offers an extensive feature suite that makes it a top CRM. However, due to its complex infrastructure—and relatively high price tag—Salesforce isn’t for everyone. The platform is best suited to midsized to large businesses that need a powerful tool for managing sales leads and analyzing sales opportunities. Large sales teams will appreciate the collaboration and opportunity evaluation features that Salesforce offers.

HubSpot is a user-friendly CRM that offers a limited-feature free plan, making it affordable for even startups. Paid plans come with feature upgrades that can handle most customer relationship management needs. Still, HubSpot just doesn’t match up to Salesforce in terms of the overall features offered. HubSpot is an ideal CRM solution for small to midsized organizations.


Frequently Asked Questions (FAQs)

Is HubSpot or Salesforce better?

Both Salesforce and HubSpot are terrific CRMs but each has pros and cons. For example, Salesforce has an extensive set of complex features and deep sales forecasting and analysis tools, but Salesforce is a lot more challenging to use than HubSpot. While HubSpot is user-friendly, it lacks the depth of resources Salesforce delivers.

Is HubSpot cheaper than Salesforce?

HubSpot offers a free option and Salesforce does not, which gives HubSpot a definite price advantage for its basic plan. However, both CRMs offer advanced plans and add-on services that can get pricey. To determine which solution delivers the best price for your needs, make a list of the features you require and price out those options on each platform.

Is Salesforce a good CRM?

Salesforce is the best CRM for customization and integrations on the market today. Many businesses that need those two features will be hard-pressed to find a better solution.

Are Salesforce and HubSpot good CRMs for real estate?

You can use both Salesforce and HubSpot as a CRM for real estate. However, the best real estate CRMs are built specifically for the industry, such as Realvolve.

If your business involves managing sales and prospects, you need a CRM. A CRM will help you track sales prospects, develop a personal relationship with your customers and provide you with data-driven insights you’d miss without having a CRM in place.

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Janette Novak is a freelance journalist and consultant who specializes in teaching online business and small business marketing. Previously, Janette owned a boutique marketing agency and served as a Chief Marketing Officer for a leading professional training services provider.

With over a decade of editorial experience, Rob Watts breaks down complex topics for small businesses that want to grow and succeed. His work has been featured in outlets such as Keypoint Intelligence, FitSmallBusiness and PCMag.

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