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In strategic accountmanagement, companies have to address the never-ending question of how to differentiate themselves and gain market share. Value Selling A sales approach that focuses on benefiting the customer throughout the life cycle of your relationship. Customersuccess is focused on retention, loyalty and advocacy.
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Do you know how the top keyaccountmanagers (KAMs) become the top KAMs? They don’t just respond to an account’s needs—they anticipate them, creating proactive strategies that build trust and deepen relationships. Key Focus Areas for High-Impact AccountManagement Teams 1.
For years, KeyAccountManagement (KAM) has been confined within the walls of CRM systemsSalesforce, Microsoft Dynamics, and HubSpot. The logic was straightforward: if customer data already lives inside a CRM, why managekeyaccounts elsewhere? KeyAccountManagement is not an extension of sales.
The terms AccountManagement (AM) and KeyAccountManagement (KAM) appear in a lot of business conversations and articles. AccountManagement: A necessity for all organisations. We define AccountManagement (AM) as the set of methods, processes and practices to manage existing customers.
What are your options when you're a keyaccountmanager and ready for your next move? Life after keyaccountmanagement How to prepare for your next career move 1. Life after keyaccountmanagement What are your options when you're a keyaccountmanager and ready for your next move?
What if leadership was what we really needed in keyaccountmanagement today? It wasn’t until we moved from customermanagement into personal and customer leadership that things shifted significantly. Leading change as a customer leader. I suddenly realised…. Empowering people.
More and more companies expect their keyaccountmanagers to be thought leaders. Why keyaccountmanagers need a personal brand I've been collecting job descriptions for years. I was a little startled to find keyaccountmanagers are now expected to be thought leaders. Here's how.
CustomerSuccess (CS) has broken free of its SaaS origins to become a human-to-human movement. Ronni Gaun, a top 100 CS strategic strategist in 2020 explains why customersuccess matters and why the revolution is just beginning. Customersuccess isn't going anywhere, just getting louder and prouder and getting smarter.
In this guide, we’ll delve into the intricacies of enterprise sales, their importance, key stages, and the metrics that will help you optimize your strategy as a keyaccountmanager. Customer Satisfaction: Measure client satisfaction post-sale to ensure long-term retention and potential for upselling.
Knowing how to use a CRM is an essential competency for sales, keyaccountmanagement, customersuccess and many more. Dooly have a fun, and interesting quiz to help you figure out just how effective your sales process is. It only takes 2 minutes and it'll show you where potential gaps are. Trailblazer Profile.
Discover game-changing books for B2B sales, customersuccess, and keyaccountmanagement. Level up your skills and strategies with insights from "Unsticking Deals," "The Innovative Seller," and "The Squiggly Career."
In the past, accountmanagers spent significant time on manual tasks like logging customer interactions, scheduling meetings, updating CRM records, and manually tracking stakeholder engagement. Why do you need an AI Accountmanagement tool? Top AI-Powered Tools for AccountManagers in 2025 1.
KAM Glossary (with 65 Definitions) To help strategic accountmanagers / keyaccountmanagers /sales professionals enhance their understanding of KeyAccountManagement (KAM) , this glossary provides clear and concise definitions and explanations of essential terms, definitions, and concepts related to keyaccountmanagement.
If you want to run a successful B2B business, it should be focused on acquiring large customers and growing the number of users or products inside those keyaccounts. This is typically done through something called keyaccountmanagement. What is KeyAccountManagement (KAM)?
With the growing size of buying groups in the digital age, it is imperative to consider factors that play into the challenges and benefits of digital keyaccountmanagement. Challenges in Shifting to Digital KeyAccountManagement Shifting to Digital KeyAccountManagement also comes with its fair share of challenges.
When I started out in sales I was told to do customer research. Some accountmanagers and keyaccountmanagers can get paralysed by over research. I want to speak to those working diligently getting to know your customers. Despite this, you can be the expert on delivering results for your customers.
In the business world, customersuccessmanagement is no longer an afterthought; it’s a necessity. Consensus across research confirms: retaining existing customers costs 5 to 25 times less than acquiring new ones. Success lies in a tailored, strategic approach to customersuccessmanagement.
KeyAccountManagement (KAM) thrives on strong relationships, and there is no denying that. But it also demands precise account planning, strategic execution, data-driven decision-making, and seamless cross-functional collaboration. It shifts the focus from individual departmental objectives to collective success.
We have transitioned to cloud-based and software selling models, shifting our focus to the customer’s product experience. In this context, Revenue Operations (RevOps) has emerged as a pivotal strategy that aims to align sales, marketing, and customersuccess throughout the customer journey.
What started as a project to fix an ailing KAM programme morphed into an initiative to develop a deeper intimacy with both new and existing customers. Once this organisation will have progressed enough on complex sales and on basic accountmanagement, it be in a much stronger position to enhance and expand its KAM intiative.
Maximizing Customer Retention with KeyAccountManagement Looking for valuable insights into growing your existing customer base? In episode #9 of The Shift Podcast Dr. Karthik Nagendra speaks to Sherrod Patching, VP CSM at Gitlab to delve into customer retention trends, strategies, challenges, and much more.
In this episode, I talk to Alex Raymond from Kapta about everything to do with accountmanagement processes. Not project management systems, not CRM systems, but having a dedicated system to guide the agency accountmanagement team, when it comes to managing and delve developing existing client relationships.
Why keyaccountmanagers need a personal brand Why I started to build my personal brand Step 1: Figure out your personal brand Step 2: Create a personal branding plan Step 3: Become a student of personal branding Join the Personal Branding Playbook In other news Quote of the week. Director of AccountManagement, Conduent.
Why Don't Clients Make Decisions (and How to Help Them Commit) As a keyaccountmanager, your goal is to keep your clients happy and satisfied with your solutions. Join a growing community of sales, customersuccess and keyaccountmanagement readers. What's going on?
“We know the entire journey of this customer, thanks to sales and marketing,” said no customersuccessmanager, ever. The traditional silos between marketing, sales, and customersuccess is a recipe for disaster. For KeyAccountManagers, RevOps is critical as it aligns strategy with execution.
As a fellow KAM “Activist”, Warwick’s mission is to help organisations leverage the power of keyaccountmanagement to accelerate client retention and revenue. He has also recently launched The KAM Club – a private learning community that helps busy accountmanagers get results.
A connected apps ecosystem in keyaccountmanagement involves the integration of your digital keyaccount planning tool with other tools in your sales tech and marketing tech stack. If these data sources are contextualized to strategic accounts then keyaccountmanagers gain better insights.
Accountmanagement software tools AccountManagement Software ← Back to blog Accountmanagement software solutions have transformed the way businesses handle their account planning and client interactions. This is where accountmanagement software solutions come into play as a transformative tool.
For any company involved with sales, accountmanagement and keyaccountmanagement is crucial and requires a vastly different skillset and toolset than winning new sales. What is (Key) AccountManagement? Yet accountmanagement still requires planning, resources, time and energy.
Strategic AccountManagement in B2B Welcome to our comprehensive guide on strategic accountmanagement. Whether you’re an experienced strategic accountmanager or aspiring to become one, we share the knowledge and skills needed to excel in this critical role.
There are 10 immutable laws that shape the philosophy, outcomes and actions of high performing businesses, keyaccountmanagers and customer serving professionals over the long term. LAW ONE: You cannot move a customer to a new place without knowing what you need to change. Here they are…. What do I mean by this?
There are 10 immutable laws that shape the philosophy, outcomes and actions of high performing businesses, keyaccountmanagers and customer serving professionals over the long-term. LAW ONE: You cannot move a customer to a new place without knowing what you need to change. Here they are…. What do I mean by this?
Relationships are the cornerstone of successful sales whitespace analysis. AI is a powerful tool that can enhance the process, but it’s the human connection that ultimately unlocks hidden potential and fosters long-term customersuccess.
The tool is designed specifically for keyaccountmanagement and supports multi-stakeholder planning across sales, customersuccess, and marketing teams. Enterprise teams managing complex B2B sales with multiple stakeholders. Keep It Updated: Schedule regular reviews and leverage AI for automatic updates.
If your company wants to increase sales and nurture existing customers, accountmanagement software could be the perfect tool to propel you to success. This guide will discuss what accountmanagement software can offer you, the main benefits and features to look for, and our assessment of the best solutions on the market.
It was only 20 years ago that Salesforce introduced the revolutionary idea to help companies use cloud-based applications for customer relations management. Remember when a cloud was only a fluffy thing in the sky? The applications would be run over.
With one single pivot, focusing on becoming a channel partner to the customer, they kept 92% of their customers and developed a new service line that allowed them to offer greater cost savings for customers while remaining profitable. They identified existing assets and relationships to enable the “customer pivot” to happen.
What sets exceptional sales managers apart? Nowhere is this more critical than in KeyAccountManagement (KAM) , where stakes are higher, relationships are deeper, and opportunities require strategic finesse. This allows managers to coach their teams on navigating complex stakeholder dynamics with precision.
This means that for keyaccountmanagers and sales teams, this means an org chart tool for Salesforce is no longer a nice-to-have its essential. Imagine trying to manage a Fortune 500 account without a visual of whos who its like flying blind. This leads to better account penetration and fewer blind spots.
Your ability to answer them will have played a really important role in the growth and success of your business. How do the accountmanagers in your business cope under the mounting pressure of a difficult and challenging question? As a business leader, you will have undoubtedly faced some really tough questions over the years.
The truism “creating value for your customers will eventually create revenue for your company” perhaps rings loudest in the targeted, relationship-heavy, high-value space of account-based selling.
Picture the scene… You have just asked one of your top accountmanagers to meet you and walk you through their account plan for your most important customer. The role of technology is to SUPPORT the business, to make the life of an accountmanager more productive, more effective and ultimately more successful.
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