Intuit Needs to Revamp Its New Customer Acquisition Momentum
Intuit owns an array of small business and tax software products that enjoy dominant market positions in their respective verticals. We think Intuit Enterprise Suite, the company’s entry-level enterprise resource planning platform that combines Mailchimp’s front-office and QuickBooks’ back-office functionalities, is a competitive product supporting Intuit’s expansion among midsize companies. In addition, Intuit’s done-for-you products, offering real-time AI and expert support across QuickBooks, Mailchimp, and TurboTax, should become an effective tool that lifts average revenue per customer.
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