Gartner and GartnerG2 have joined forces for this first in a series of Special Reports. GartnerG2 anticipates industry, environmental and customer trends to help you proactively and competitively drive your business. Core Research from Gartner focuses on the selection, deployment and management of IT. Together they provide sound practical advice across the spectrum of business and technology challenges.
Strategies for Growth in
Today's Economy


4 January 2002


Kevin Murphy

Determination and creativity are needed to drive top- and bottom-line growth today. Investments in customer-facing technology have to show measurable, positive, short-term effects - that is, revenue growth.

The rules in this post-September 11 economy are simple and few:

Lower costs, carefully. The first place most companies cut costs is in the customer-interaction area. The first to feel the effect, of course, are the customers. And who generates more revenue for your business-your suppliers or your customers?

Go with the winning initiatives. Shut down the customer-value initiatives that show only low return on investment (ROI). The result: Redirect physical, financial and human resource assets toward customer services and initiatives with high pay-back.

Find your best customers - and wow them. If you don’t know who your best customers are, you can’t interact with them and increase their loyalty to your product, your brand, or your company.

Just throwing money at customer relationship management (CRM) technologies doesn’t guarantee insights into your customer base. A lack of skills and software tools right at the point of customer interaction often sabotages some well-laid plans, and drives customers away. In this slow-growth economy, you need all the help you can get to properly align your processes, skills, tactics, knowledge and technology tools into a customer-friendly enterprise that knows its best clients, knows what they want, and serves them effectively and efficiently.

spotlight.feedback@gartner.com



Jeff Golterman


Driving Growth in a Challenging Economy
20 November 2001
Jeff Golterman and Kevin Murphy

In this Special Report, Gartner looks at the business and technology considerations needed to drive growth in today’s challenging economy. The magnitude and duration of the current U.S. economic slowdown are plotted and measured in consumer confidence indices, retail sales figures, corporate earnings statements and first-time unemployment statistics. Current numbers show consumer confidence is still low. Through the end of 2002, buyers will remain scarce.

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2001 Worldwide Online Holiday Shopping
24 October 2001
Michael Cruz

Despite economic uncertainty, GartnerG2 expects an appreciable increase in online sales this holiday season, exceeding the 2000 fourth quarter total by 39%. Growth in the online population, increased customer satisfaction and wider adoption of broadband are driving the growth.

 
 

The Internet: Your Company's Consumer Data Dragnet
12 December 2001
Van Baker

The Internet is not just another distribution channel. Winning e-tail and Business-to-Business companies use powerful Web personalization tools as a competitive weapon to reap better return on investment.

   
 

The CRM Implications of Economic Downturns
30 April 2001
Dale Hagemeyer

Enterprises that derive their livelihoods from CRM must understand how current and future customers will behave during economic downturns and how CRM provides competitive advantage in good and bad economic times.

 

Customer Service and Loyalty During Economic Downturns
19 November 2001
Esteban Kolsky

Leading enterprises will strive to improve customer service for their best customers during economic downturns. The resulting loyalty will fuel a stronger return to growth when the economy strengthens.

   
 

Don't Pay for Loyalty You Can't Get in Consumer Packaged Goods
03 December 2001
David Schehr

Resources spent on customer relationship-building to develop loyalty do not pay off for CPG manufacturers. To increase sales, revenue and profits, enterprises should instead provide information to consumers, develop measurement tools, and leave the consumer relationship to the retailers.

 

Web Services Grow Revenues From Dun & Bradstreet’s Databases
28 November 2001
George Reilly

As D&B learned, meeting new customer demands requires new tools and products. Basic Web services technologies provide an effective means of doing this resulting in growing revenues, increasing market share and stronger customer relationships.

   
 

Strategy: Do You Spell That With an 'E'?
09 November 2001
Carol Rozwell

In the coming years, highest revenue growth will go to enterprises with an e-business plan that is aligned with their overall business goals. To be among the winners, company e-business efforts must have a clear connection to corporate strategy.

 

Reassessing Marketing Budgets in an Uncertain Economy
27 November 2001
Claudio Marcus

In tough economic times, some enterprises cut back on marketing to improve their financial position, while others sacrifice near-term profitability for market share. CRM enables enterprises to adjust resources for ongoing value.

   
 

A Relationship Strategy Alone Doesn’t Cut It in the Edge Economy™
07 November 2001
Susan Landry

To grow in the Edge Economy, financial services companies must relentlessly focus on customer strategy, aim for maximum flexibility to mix and match products and services, and strengthen their market brand.

 

CRM Application Priorities: Balancing Risks and Rewards
21 November 2001
Michael Maoz and Ed Thompson

Adverse business conditions will cause enterprises to increase ROI analysis of CRM projects. This will lead them to rethink CRM functionality investments, giving priority to CRM efforts that enable them to retain their best customers.

   
 

Ten Steps to Forecasting and Achieving CRM ROI
28 November 2001
Beth Eisenfeld

Many firms have spent millions pursuing CRM, but most have blindly thrown money away. When proper economic planning occurs, controlling CRM investments by spending to achieve specific benefits is practical in any economy.

 

Sales Strategies to Survive the Battle and Win the War
27 November 2001
Joe Galvin

Tough economic times force reevaluations of sales strategies in light of expense reductions and reduced opportunities. CRM technologies are weapons of choice for a competitive advantage on the post-9/11 sales battlefield.

   
 

Accelerated CRM Vendor Evaluations for Uncertain Times
28 November 2001
Michael Dunne and Shakira Walston

Short-term ROI demands rapid evaluation of vendor solutions. A structured, comprehensive product evaluation methodology can cut the time, costs and risks, reducing CRM vendor evaluation times by half.