I have noticed that there are a huge number of CRM startups out there, and it seems like a new one pops up every day. Why do you think so many people are trying to enter this space? Are the existing solutions not satisfying some core need?
Total Addressable Market (TAM) is massive - essentially every business with a product or service. There’s many segments from Enterprise (Salesforce, Oracle, Microsoft) to SMB (PipeDrive,etc) to niche CRMs for vertical industries.
CRUD apps in general have a very low barrier to entry and are easy to develop. It's the same with todo lists, project management tools and habit trackers.
I'm actually looking for CRM alternatives @matt_h_ - any recommendation which one should I subscribe for an early stage startup?
I'm not very familiar with any. This was just a layman's observation. But you certainly have a lot of options!
I'm started to work on it.