CRM starts to show its worth

Partner relationship management implementations produce highest ROI of all CRM projects, says Gartner

Robert Jaques

Customer relationship management deployments have begun to show positive business benefits, with partner relationship management (PRM) implementations producing the highest return on investment (ROI), according to a Gartner study.

PRM scored the highest for sales deployments, with 66 per cent of the 343 respondents to the analyst's survey indicating that they had received demonstrable ROI.

Advertisement

Incentive compensation management systems received the second highest rating, with 55 per cent of respondents claiming verifiable ROI as a result of rolling out the applications.

"At the heart of businesses efforts that are succeeding in today's increasingly competitive environment is a recognition of the value of PRM," said Robert DeSisto, vice president and research director at Gartner.

"Most businesses that depend on a multi-tier distribution channel with demand-network partners to provide value-added services - such as global distribution, vertical marketing and sales reach, or localised operations and customer support - have come to recognise that those indirect relationships must be properly orchestrated to compete effectively."

According to the survey, respondents said that PRM provided improved effectiveness and efficiency, and lower costs.

"Businesses must evaluate their multi-tiered distribution processes and capabilities with their demand-network partners," said DeSisto.

"The ultimate goal for manufacturers should be to implement technology that will make it easier for partners to do business with them at a lower cost to serve."

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Further reading

Customer relationship management

Enterprise databases hold valuable information on customers, but that information is not always used to its best advantage. CRM promises to change this, but can it deliver?

National Trust signs up for CRM

CGEY chosen for seven-year outsourcing contract to develop Trust's CRM strategy

CRM loses focus

Customer relationship management is no longer a recession-proof goldmine, writes Guy Matthews.

Related whitepapers

Related jobs

Most watched

Social networking

Summit: How businesses should manage their brands online

In part one of V3.co.uk's interview with Dirk Singer, he dicusses social media monitoring strategies

RIM discusses new developer tools

Blackberry exec on the latest offerings for programmers

Analysis and Reports

Remote access - Three steps to getting connected

3.4 million UK professionals now work from home – is your company equipped?

Cost benefits of a global collaboration network

This white paper is a must read for organisations looking for evidence of the bottom-line benefits of high-definition video and voice communications

Poll

Impact of Information Overload poll

Impact of Information Overload poll

What is the biggest problem your firm faces as a result of the data explosion?

View poll results

Advertisement

White paper library

Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Spotlight

Information management

Summit: Quiz IBM experts on information strategies

Join our live chat session on Thursday at 11am to...

RIM discusses new developer tools

Blackberry exec on the latest offerings for programmers

Houses of parliament

Summit: Doubts raised over Tory plans for NHS records

Experts say data quality could be an issue

Researchers take down spam botnet

Researchers from security firm FireEye have been able to effectively...

Primary Navigation