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As conveners of the largest community in the world dedicated to strategic and keyaccountmanagement, one of SAMA’s foundational purposes is to help our community both adapt to what’s happening right now and prepare for what may happen next. At the 2020 SAMA Annual Conference (held virtually Nov.
Definition of keyaccountmanagement. If you're not sure what keyaccountmanagement is, don't worry, you're not alone. Before we get to that, let me explain how keyaccountmanagement became a business strategy. Keyaccountmanagers kept them. Burnett, K.
Accountplanning and effective accountmanagement strategies are about much, much more than your keyaccounts. That said, any accountmanager worth their salt has a strategy for their keyaccounts. This is why so many attempts at effective accountplanning go wrong.
A new central commercial organization was born. To ensure the inclusion of external insights to shape and direct the new commercial organization, we partnered with SAMA for thought leadership on Strategic AccountManagement (SAM), as well as with Rain Group for continuous education of our sales teams.
The answer: Keyaccountmanagement. In this comprehensive guide to keyaccountmanagement, you'll learn: The definition of keyaccountmanagement. How to know whether your company needs a keyaccountmanagement strategy. How to identify keyaccounts.
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. Getting there requires more than assuming the role.
So is AI expected to eat up your KeyAccountManager’s jobs as well? It depends on your KeyAccountManagement (KAM) maturity level, your approach to your KAM program, your goals, and how you want to roll with the AI punches. Are they on the chopping block too? That’s not all.
KeyAccountManager or Strategic Ecosystem Leader? KeyAccountManager or Strategic Ecosystem Leader? ? On September 15th, more than eighty KeyAccountManagers (KAM) assembled in Copenhagen and online for a hybrid event. October 11, 2021. October 11, 2021. Back to blog. Denise Freier.
15 Reasons Why You Might be a Bad AccountManager Bad keyaccountmanagers fail to build business relationships and achieve results. Here are fifteen signs you might be a bad keyaccountmanager and how to turn yourself into a good one. Has no plan Which clients need an accountplan?
AccountPlanning Template for B2B Sales Teams You can steal the keyaccountplan template we use with customers here. We’ll cover each part including: Business Overview Objectives & goals Relationship Mapping White Space (Expansion) Action Introduction: What is AccountPlanning?
Is your business and your keyaccountmanagement team growing fast? Do you feel like you're always playing catch-up and never have time for important projects, like developing processes that drive business growth or creating career paths for your keyaccountmanagers? Click to Tweet. Warwick: I love that.
In sales, B2B accountplanning is kind of like plotting a heist, minus the stealing. The same principle applies: the bigger the prize, the more aggressive and daring your plan has to be. Here’s what the data say about B2B accountplanning and how sales teams can benefit from creating big plans for big companies.
Create a systematic plan to go after major accounts without dragging out sales cycles and inaccurately forecasting your quarterly pipeline. . Here, we’ll talk about how an accountplanning strategy can help you shorten your selling cycle and close major deals even faster than before. How do you do this?
KAM Technology & Use Cases in 2025 KAM technology plays a crucial role in supporting these best practices by providing powerful tools and features that streamline and enhance keyaccountmanagement processes. Interested in seeing a KeyAccountManagement solution to help you retain and grow key customers?
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.
KeyAccountManagement Maturity Framework In today’s competitive landscape, focusing solely on acquiring new business often leads to missed opportunities within existing keyaccounts. In fact, keyaccountmanagement (KAM) can drive significant growth—improving deal closure rates by up to 25%.
Is a keyaccountmanager the same as a sales manager? Meet Anna, a diligent Sales Manager at Brilliant Solutions , a thriving software company specializing in cutting-edge automation tools. Her daily tasks revolve around driving sales, managing the sales team, and ensuring sales targets are met.
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. This provides structure to your organization’s interactions. They are no longer efficient and just don’t cut it anymore.
Large organizations rely on technology to streamline their processes and improve their efficiency – and are constantly looking for tools that can help them in this regard. With digital keyaccountmanagement tools , sales teams can offer numerous advantages over traditional methods, including increased security, convenience, and visibility.
Keyaccountmanagement best practices ← Back to blog In today’s competitive landscape, effectively managingkeyaccounts is not just a strategy: It’s a necessity. Now, let’s dive into the best practices of keyaccountmanagement. Try ARPEDIO's Account-Based Selling Platform!
Evolving KeyAccountManagement: Perstorp's Journey with ARPEDIO Download full case study About Perstorp With a 140-year legacy, Perstorp stands as a pioneer in organic chemistry, shaping industries from mobile tech to animal nutrition, driven by sustainable solutions. Enhance forecast accuracy.
KeyAccountManagement (KAM) thrives on strong relationships, and there is no denying that. But it also demands precise accountplanning, strategic execution, data-driven decision-making, and seamless cross-functional collaboration. How RevOps Helps in KeyAccountManagement?
Keyaccountmanagement vs. traditional sales ← Back to blog The game of sales and customer relations has changed – staying competitive is no longer just about making the sale; it’s about nurturing valuable, long-lasting relationships with your top-tier clients. Table of Contents What is KeyAccountManagement?
This is typically done through something called keyaccountmanagement. What is KeyAccountManagement (KAM)? KeyAccountManagement is a strategic approach to managing a company’s relationships with its most valuable customers.
Keyaccounts are the 20% of accounts that generate 80% of your company revenue. Before attempting to develop a keyaccountmanagement strategy, you must know how to identify these keyaccounts. Let’s examine what strategic accountmanagement is and the best ways to approach it.
Digital KeyAccountManagement is the process of managing and growing a company’s most important customers using digital tools and technologies. It is essential for Sales Enablement , as it enables businesses to manage their keyaccounts more efficiently and effectively.
AccountPlanning Best Practices Sales accountplanning is a critical aspect of any business that seeks to manage its customers effectively and generate more revenue. An action plan that outlines the sales accountplanning process is crucial for any company that wants to succeed.
In case that person leaves your accounts, the amount they were bringing into the organization is automatically at risk. In such a situation, it is important to give visibility to the organizations that relationships are important. Why should you adopt Digital KeyAccountManagement?
After guiding 100s of organizations through their KeyAccountmanagement tool buying journeys, we’ve compiled the insights and perspectives into a comprehensive buyer’s guide for KAM tools.
Sellers can take these lessons and use them to land new, keyaccounts, but also grow revenue in all accounts. Through a combination of best practices, relationship mapping, and accountplanning, sellers and accountmanagers can retain their status as trusted advisors, and keep the howling, lone wolves at bay.
Capture Strategy Tips A capture strategy identifies how to position organizations as the supplier of choice and convince clients to renew without considering alternatives. Your job as a keyaccountmanager is to deliver the kind of value that convinces your clients to stay in the loop.
Financial services and accountplanning go together like peanut butter and jelly, like bacon and eggs, or like a burger and fries. Here are 8 reasons financial services companies need accountplanning. . Financial Services Relies on Relationship Management. Stay Organized. Org Charts. Identify Opportunities.
Financial services and accountplanning go together like peanut butter and jelly, like bacon and eggs, or like a burger and fries. Here are 8 reasons financial services companies need accountplanning. . Financial Services Relies on Relationship Management. Stay Organized. Org Charts. Identify Opportunities.
Success lies in a tailored, strategic approach to customer success management. One that leverages KeyAccountManagement (KAM) principles to retain customers and transform them into brand advocates. Emerging Trends in Customer Success Management Several trends are reshaping how customer success management is viewed.
What is KeyAccountManagement? KeyAccountManagement (KAM) is a strategic approach to managing and nurturing relationships with a select group of high-value customers or clients, known as keyaccounts. Book demo The post KeyAccountManagement – What is it?
DemandFarm DemandFarm is purpose-built for keyaccountmanagers, particularly for those who manage complex account-based sales processes. Relationship Mapping Visualize stakeholder connections and influence within an organization. This helps KAMs see who is connected with whom within the organization.
Too many clients, not enough time Keyaccountmanagers have a lot of clients. Share the load You don't have to be the only one in your organization communicating with key stakeholders. Use project management tools These platforms are perfect to collaborate asynchronously. Keep track of special occasions 12.
Create a systematic plan to go after major accounts without dragging out sales cycles and inaccurately forecasting your quarterly pipeline. . Here, we’ll talk about how an accountplanning strategy can help you shorten your selling cycle and close major deals even faster than before. How do you do this?
In sales, B2B accountplanning is kind of like plotting a heist, minus the stealing. The same principle applies: the bigger the prize, the more aggressive and daring your plan has to be. Here’s what the data say about B2B accountplanning and how sales teams can benefit from creating big plans for big companies.
When to give up Forms of communication (from most to least effective) Favourite book on follow up In other news Have your say on the future of keyaccountmanagement Quote of the week. Learn more about the world's most amazing community of keyaccountmanagers.
Customer-Led and Team-Enabled Marketing In the evolving landscape of KeyAccountManagement (KAM), Account-Based Marketing (ABM) has emerged as a cornerstone for driving customer-centric innovation. Think about your own company: how is your marketing integrated with your strategic accountplanning and work?
While CRMs can serve as the global warehouse for customer data, they were not purpose built for KAM and they alone do not provide the actionable intelligence required to drive keyaccounts growth. Why CRMs Alone are not Adequate for KeyAccountManagement. Here’s why. .
And to stay on track, you need accountplanning and coordination processes in place. Bring the wider organization into your value co-creation mission. I use Hyper Island all the time to improve engagement, interactivity and creative thinking especially in client business reviews and accountplanning sessions. +
Why should B2B organizations adopt KAM Technology With recent economic headwinds tightening everyone’s purse strings, driving growth from existing customers is in vogue. Gartner research has shown that account-based upsell campaigns have increased Lifetime Value by 150%.
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