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The answer: Keyaccountmanagement. In this comprehensive guide to keyaccountmanagement, you'll learn: The definition of keyaccountmanagement. How to know whether your company needs a keyaccountmanagementstrategy. 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.
What if leadership was what we really needed in keyaccountmanagement today? It wasn’t until we moved from customer management into personal and customer leadership that things shifted significantly. Almost never in the world of success and keyaccountmanagement, do we hear about the importance of leadership.
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 account plan?
This article focuses on individual competencies, especially those of the KeyAccountManagers. It provides you with a precise description of the skills and competencies required from a true KeyAccountManager (not a plain entreprise customers sales rep). Defining Skills & Competencies.
Before attempting to develop a keyaccountmanagementstrategy, you must know how to identify these keyaccounts. Accurate identification will help you avoid rashly categorizing tail accounts as having strategic value. What is strategic accountmanagement? decline in win rates.
KeyAccountManagement (KAM) focuses on building long-term relationships, and aims to improve customer satisfaction – especially in a B2B scenario. A keyaccountmanager’s primary responsibility is ensuring that the needs of key clients are met, and that they remain satisfied with the company’s products and services.
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?
To keep things relatively simple, let’s consider two types of context: AccountManagement and KeyAccountManagement and let’s see how the execution of Business Reviews adapts to the depth of relationship between the supplier and each customer. Business Reviews in a KeyAccountManagement context.
Some accountmanagers and keyaccountmanagers can get paralysed by over research. When studied and applied these will immediately help you as a customer leader or keyaccountmanager prepare to support, shape and solve real problems with and for your customers. Market Impact (I).
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. Nostalgia for traditional ways of working Some keyaccountmanagers have built careers on relationship-focused sales models.
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. Empowers accountmanagers to drive keyaccount growth.
First things first: find out what they want You can't adapt your accountstrategy until you understand what the new procurement team want. The world's most amazing community of keyaccountmanager. They start picking over little details. Challenging you on choices that were made months or even years ago.
Quality over Quantity: How Focusing on a Select Few Accounts Can Drive Greater Success in Digital KeyAccountManagement As digital KeyAccountManagement grows in relevance, many organizations find themselves confounded by the question of whether obtaining new customers is more important than retaining existing key clients.
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. Here they are…. LAW ONE: You cannot move a customer to a new place without knowing what you need to change. 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. Here they are…. LAW ONE: You cannot move a customer to a new place without knowing what you need to change. What do I mean by this?
This is especially true when it comes to the application of keyaccountmanagement and the elements that shape the success of existing customer management. While this might be a helpful starting place, it is certainly not where it ends.
As a KeyAccountManager or Director you must begin with identifying the difference between the customer and the industry. Not every pivot is a huge investment and neither was this. They identified existing assets and relationships to enable the “customer pivot” to happen.
. ‘Whale Hunting with Global Accounts’ resonated strongly with me because it examines many of the challenges that I see within our own B2B clients. There’s no getting away from it: KeyAccountManagement (KAM) and its big brother Global AccountManagement (GAM) are challenging activities.
In 2016 I wrote a post on the five foundation steps for stakeholder management success in keyaccountmanagement, that was well received and guided lots of leaders.
This strategy forms the foundation of your approach to managing and developing relationships with your most important accounts. Customer Segmentation One of the first steps in crafting your accountstrategy is customer segmentation. What are the different components of how to build an accountmanagementstrategy?
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.
It’s a VUCA World. Have you ever been really vulnerable? In a place that you’ve never been before? Answers seem distant and hard to reach. Those around you are silent, or at best have ideas, but nothing is really sticking. That was what I experienced at the beginning of March 2020.
Defining Crisis. When we think about crisis we can often immediately cast our minds to natural disasters, global emergencies and PR scandals. In reality, crises can take many forms and most are hidden from public view but they will have wide-ranging consequences. How can we identify and know what is classified as a crisis in our business?
The New Normal. On March 1st, 2020 the world was hit with a global pandemic that literally transformed the way every business viewed themselves, their markets and their own position within them almost overnight. Every business was immediately forced to adapt.
Every conversation matters. There are very few areas in your life where you can avoid speaking to others whether over the phone, face-to-face and now digitally. We all need to communicate with others.
By building and managing long-term relationships with your keyaccounts, you can create a foundation for sustainable growth. The 30-60-90-Day Blueprint is a time-bound, comprehensive approach to KeyAccountManagement. The first step in this next phase is developing a customized accountstrategy.
In order to do so, you should invest in your accountmanagement processes – so you can equip your strategic accountmanagers with the best working environment to manage the complex journey of long-term account development. What Is an AccountManager?
How does a strategic plan differ from a keyaccountstrategy? A strategic plan is a high-level roadmap that outlines the overall direction, goals, and strategies of an organization. On the other hand, a keyaccountstrategy is a focused approach specifically tailored to manage and grow a particular keyaccount.
I received an email last week from Trevor Borrows who is a newly appointed National Sales Manager in charge of a team of AccountManagers. Here’s what Trevor asked: “Hi Sean, being a new National Sales Manager I need to understand how to develop accountstrategies.
MARK: You’re handicapped as an organization if you don’t have a way to see what’s going on in your keyaccounts today and identify the pathways for optimal revenue growth tomorrow. Where keyaccountmanagement solutions are different than other sales tech is that they lift the cover on what’s happening in keyaccounts.
Apply here: [link] Role: Director, Customer Success Location: London, England, United Kingdom Organization: Appian Corporation As a Director of Customer Success, you will devise and execute accountstrategy including nurturing projects from inception to launch while collaborating with stakeholders and establishing realistic development guidelines.
Top 20 AccountManagement Influencers 2023 [Listed Alphabetically] 1. Abhijit Gangoli Abhijit Gangoli is a co-founder and CEO at DemandFarm , a keyaccountmanagement (KAM) software that helps companies to make KAM data-driven , predictable and scalable.
Richardson’s Prosperous AccountStrategy Training Program . Accountmanagement often has to be customer-centric and Richardson’s Prosperous AccountStrategy Program hits the nail on its head. KeyAccountManagement Training by RAIN Group . Here’s RAIN Group solving that for you.
It provides the tools and knowledge to take Global AccountManagement to the next level and unlock your business’s full potential. Read Now: 4 Ways To Optimize Your Global KeyAccountManagement Understanding Global AccountManagement Embarking on the Global AccountManagement journey may seem a bit daunting at first!
Woody Allen, Annie Hall KeyAccountManagement has always been built on a foundation of intuition backed by the wisdom from innumerable conversations, and strength of human relationships. A living strategy framework that can replace outdated, static account plans. A relationship, I think, is like a shark.
Woody Allen, Annie Hall KeyAccountManagement has always been built on a foundation of intuition backed by the wisdom from innumerable conversations, and strength of human relationships. A living strategy framework that can replace outdated, static account plans. A relationship, I think, is like a shark.
Woody Allen, Annie Hall KeyAccountManagement has always been built on a foundation of intuition backed by the wisdom from innumerable conversations, and strength of human relationships. A living strategy framework that can replace outdated, static account plans. A relationship, I think, is like a shark.
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