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The study revealed a difference between what account managers believed was required to grow an account and what actually did. They found the prevailing mindset among AMs (88% in fact) was if they went ‘above and beyond’ on service, it lead to accountgrowth.
If you create the conditions for AMs to thrive and give them support to do a great job, they will grow your clientrelationships and agency business. If you are in the US and can come along to the March 2023 seminar in Atlanta, check out the details here.
Why do account managers miss new accountgrowth opportunities in client meetings? What are the key benefits (to the account manager) of asking the client great questions? Checking in with the client on a regular basis throughout the year and asking “how are we doing?
Client addresses a business problem & sees an ROI on the agency relationship. There is so much additional value the agency can bring to current clients, and those managing the clientrelationship are perfectly placed to unlock this value.
They can also manage client requests, address client needs and solve client issues perfectly well. But if you want clientrelationship longevity and accountgrowth, delivering a good service on time and on budget, and giving the client a great experience, is only the beginning.
The account manager’s job is to keep and grow clientrelationships. Well, Gartner says “if the AM is either unwilling or unable, the growth engine stalls” Having taught accountgrowth since 2016, I don’t generally see a lack of willingness among agency account managers.
And you obviously wouldn’t want to compromise your precious clientrelationship that you’ve built and nurtured over many, many years. You’ve invested in building a solid relationship, the client loves working with you, you’ve done some great work. That’s one I would recommend.
Ensure the team understands and presents the product roadmap to Clients, articulating how those investments translate to business value. Step into client escalations as needed and work towards a timely resolution. Collaborate with Implementation team leadership to ensure consistent, successful kickoffs and expedited time to revenue.
Work alongside the C-level sales leaders within accounts to create data-driven solutions for supercharging sales. Help to define a data-driven approach to customer success and management to drive accountgrowth as well as employee development.
If you’d like help raising your account management game, then take a look at my Account Accelerator programme, where you work with me for nine weeks. I help you with the tools, strategies, and all the support you need to implement a repeatable and systematic approach to accountgrowth for your agency.
We talk about: – how the roles and the skill sets are different – how they work together on projects and retainers – how they manage the clientrelationship – what friction points can occur and how they overcome them – their advice for agencies thinking of moving to an AM/PM model.
An exceptional thought leader and a brilliant coach to thousands of executives, Allison Pickens, is a leading expert on recurring revenue growth. Her portfolio is gilded with leadership roles like board director, investor, COO, and P&L owner. Megan is a customer advocate who believes in an empathetic approach to leadership.
Given the current unstable economic climate, client retention for agencies is a real top priority right now. So, one element of it is leadership of the account management and project management function. And then on the other side I’m sat on the leadership team of the agency. Beth 09:22. Jenny 11:52.
From Strategy to Execution: How Leaders Are Winning With Account-Based Selling Join our next Leadership Forum Back to blog Following ARPEDIOs Leadership Forum in Paris, weve gathered the key takeaways on Account-Based Selling (ABS) and the role of AI in strategic account management.
Now if you are an account manager, and you want to raise your value, increase your confidence, improve your consultancy skills, and grow your existing accounts, then come and join me at the Account Accelerator Programme. So, I mean, what happens for an agency that has the PM leading that clientrelationship?
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