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The best sales podcasts key accountmanagers should listen to Are you a key accountmanager? Why selling is hard for key accountmanagers Key AccountManagers are busy making sure clients get the best from what they've already bought. He was responsible for managing 168 accounts!
As a strategic accountmanager, you take the long view in working with your customers to ensure that each of them gets the right solution. When it’s time to close the deal, procurement is introduced into the process and now runs the relationship and the deal – and they only focus on the price. It doesn't have to be this way.
A multinational software company might spend nearly a year negotiating a $5 million deal with a Fortune 500 company. This process involves multiple product demonstrations, engaging with IT, procurement, and finance stakeholders, and significant customization to meet the client’s needs. What is Enterprise Sales?
In this episode, I chat to Mike Lander, CEO of Piscari, a former procurement director who now assists sales teams in negotiating with procurement departments. During this conversation, you’ll gain valuable insights into the world of procurementnegotiations. Welcome to episode 87. Mike, a very warm welcome.
Differential pricing is rarely discussed in professional services although it is often implicit in key accountmanagement. Although developments in technology to analyse large data sets of past project costs has led to some firms taking a more sophisticated approach to estimating, predictive pricing and risk and project management.
Your job as a key accountmanager is to deliver the kind of value that convinces your clients to stay in the loop. You'll need to understand the decision-making process, the competitive landscape, develop solutions, pricing, negotiation tactics and lots more. Either it goes up, goes down or remains the same.
Sellers sometimes work with professional procurement leaders and company executives who work together frequently and have processes and policies to guide their purchase pursuits. The most commonly supported activities for commercial methodologies include prospecting and opportunity management.
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 key accountmanagement. Challenges in Shifting to Digital Key AccountManagement Shifting to Digital Key AccountManagement also comes with its fair share of challenges.
A robust value chain not only ensures operational efficiency but also drives customer loyalty and enhances risk management. A Non-Negotiable in Retail Banking In the heavily regulated banking industry, compliance is not just a legal requirement but a business imperative.
Our target markets span large and small businesses; private, public sector and not for profit sectors; centralised and decentralised buying processes; procurement and user-led purchasing behaviour. Similarly, a Key AccountManagement (KAM) or Account Based Marketing (ABM) approach may help.
We recently conducted negotiation coaching for over $1b in revenue on over 100 renewal opportunities for a global client of ours. We weren’t training their new reps, but working with some of their most seasoned global accountmanagers to help them be more strategic and successful. Minimizes deal margin.
He specialises in helping agency leaders and their teams negotiate more profitably. I’ve had it on my shelf for a few years now and it becomes a reference guide for negotiating. Negotiating to become more profitable, have better relationships, increased pricing, which some agencies are not very good at. So Chris, welcome.
Raw material sourcing ensures the procurement of high-quality inputs, while product development focuses on creating products that meet consumer needs. Procurement secures essential materials and services, while technology development drives innovation.
Procurement secures essential materials and services, while technology development drives continuous innovation. Human resource management ensures a skilled workforce, and firm infrastructure supports overall operations. Support activities provide the necessary infrastructure and resources.
Support Activities: Procurement: Sourcing materials and components for device production. Finance and Accounting: Managing financial resources and investments. Public and Stakeholder Relations: Managing relationships with stakeholders and the public.
Procurement secures essential resources, while technology development drives innovation. Human resource management ensures the availability of skilled personnel, and firm infrastructure supports overall operations. Support activities are equally crucial.
Procurement secures essential medical supplies and equipment, while technology development drives innovation in medical technologies. Human resource management ensures a skilled workforce, and firm infrastructure supports overall operations. Support activities provide the necessary infrastructure and resources.
Roy Murphy from Synthetic is going to provide an update on the current AI landscape, how brands & agencies are using AI, ethical considerations and challenges and we’ll be sharing some specific use cases for accountmanagers. So all of that to say, the idea of being an accountmanager was not on my radar whatsoever.
We also ran an AI for AccountManagers webinar recently together with Roy Murphy and the recording has been asked for several times. So can you talk to us a bit about how basically guidelines for agencies and accountmanagers in particular that might be using those tools? 33:33 Sharon Toerek Exactly right, yes.
And finally, capital synergies and just think about that as oh, gosh, as a as a larger organization, I can probably get better lending terms or better negotiations on contracts. Say it’s an accountmanager or an account executive, and they’re in both companies. It’s a really important point.
Qstream can be used for sales onboarding or ongoing reinforcement and can test and reinforce sales qualification skills, sales negotiation, & product knowledge. Revegy, a leading provider of strategic accountmanagement technology, is proud to announce the addition of David Keil to its Board of Directors. Blog Article.
Woody Allen, Annie Hall Key AccountManagement has always been built on a foundation of intuition backed by the wisdom from innumerable conversations, and strength of human relationships. The best AccountManagers in the world have always had an innate ability to detect whats happening beneath the surface.
Woody Allen, Annie Hall Key AccountManagement has always been built on a foundation of intuition backed by the wisdom from innumerable conversations, and strength of human relationships. The best AccountManagers in the world have always had an innate ability to detect whats happening beneath the surface.
Woody Allen, Annie Hall Key AccountManagement has always been built on a foundation of intuition backed by the wisdom from innumerable conversations, and strength of human relationships. The best AccountManagers in the world have always had an innate ability to detect whats happening beneath the surface.
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