CRM returns $3.10 per dollar spent

August 3, 2023 - Research X148

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Over the past 10 years, there has been a significant surge in technological advancement in the CRM market. This evolution has empowered organizations to strengthen customer relationships, leverage enhanced productivity tools, and tap into superior analytics capabilities. While it was observed that the return on CRM investments has seen a 37 percent decline over the last 10 years, from $4.90 to $3.10, it’s crucial to understand that this scenario presents a learning opportunity rather than a setback. The modern technology landscape, while advancing at a rapid pace, is also evolving in complexity. This nuanced evolution may not immediately reflect in cost-effectiveness, as organizations grapple with integrating new functionalities and maximizing their potential. The changing dynamics have encouraged Nucleus to reexamine 63 case studies completed in the last decade to determine the factors contributing to this trend.

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