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The idea of executive engagement implies an accountable and engaged member of the account team, rather than a distant back-room player. Strategic accountmanagement is a team sport and requires cross-functional, multi-tiered vertical level engagement and strong accountability.
15 Reasons Why You Might be a Bad AccountManager Bad key accountmanagers fail to build business relationships and achieve results. Here are fifteen signs you might be a bad key accountmanager and how to turn yourself into a good one. Has no plan Which clients need an account plan? Internal teams.
The answer: Key accountmanagement. In this comprehensive guide to key accountmanagement, you'll learn: The definition of key accountmanagement. How to know whether your company needs a key accountmanagementstrategy. The difference between key accountmanagement and selling.
Do you know how the top key accountmanagers (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, Key AccountManagement (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 manage key accounts elsewhere? Key AccountManagement is not an extension of sales.
What if leadership was what we really needed in key accountmanagement 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 key accountmanagement, do we hear about the importance of leadership.
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 key accountmanagement processes. Interested in seeing a Key AccountManagement solution to help you retain and grow key customers?
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.
Before attempting to develop a key accountmanagementstrategy, you must know how to identify these key accounts. Accurate identification will help you avoid rashly categorizing tail accounts as having strategic value. Let’s examine what strategic accountmanagement is and the best ways to approach it.
This article focuses on individual competencies, especially those of the Key AccountManagers. It provides you with a precise description of the skills and competencies required from a true Key AccountManager (not a plain entreprise customers sales rep). Defining Skills & Competencies.
Trends in AI, accountstrategy, and collaboration are becoming central to successful sales operations, helping businesses not only grow but build long-term value for their clients. As companies focus more on scalable revenue growth, the revenue enablement field is evolving rapidly.
Customer-Led and Team-Enabled Marketing In the evolving landscape of Key AccountManagement (KAM), Account-Based Marketing (ABM) has emerged as a cornerstone for driving customer-centric innovation. Nostalgia for traditional ways of working Some key accountmanagers have built careers on relationship-focused sales models.
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. Account retention.
First things first: find out what they want You can't adapt your accountstrategy until you understand what the new procurement team want. How do they want to manage supplier relationships? The world's most amazing community of key accountmanager. They start picking over little details. Find out their KPI drivers.
Where To Start In the complex world of B2B sales and accountmanagement, success hinges on the ability to develop and execute a robust accountmanagementstrategy. We’ll walk through the key components of building an effective accountmanagementstrategy that drives revenue, customer retention, and loyalty.
In fact, for large B2B enterprises, their revenue growth moving forward will be based largely on the strength of their relationships with existing accounts. Account planning in Salesforce is one of the best ways effective sales leaders can ensure they are staying ahead of the game given the current headwinds.
How to Succeed With AccountManagement. Let’s show you how to get the most out of your accountmanagement! In this blog, we’ll break down the concept of accountmanagement, and why it’s so important in order to drive a successful business in today’s increasingly complex B2B industry. Back to blog.
Key AccountManagement (KAM) focuses on building long-term relationships, and aims to improve customer satisfaction – especially in a B2B scenario. A key accountmanager’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.
A connected apps ecosystem in key accountmanagement involves the integration of your digital key account planning tool with other tools in your sales tech and marketing tech stack. This leads to an increased chance of missed opportunities and ignored red flags, buyer intent to action and strategy.
Advanced AI & NLP empower sellers to instantly transform complex financial data and insights into deeply tailored accountstrategies, plans, and content using prompts, guides, and one-click downloads
Some accountmanagers and key accountmanagers can get paralysed by over research. When studied and applied these will immediately help you as a customer leader or key accountmanager prepare to support, shape and solve real problems with and for your customers. There are three influencing market areas.
What is Strategic AccountManagement and Why It Matters Strategic AccountManagement (SAM) manages and grows relationships with an organization’s most critical and high-value customers.
Account Planning: Manage Long-Term Account Development. Account Planning: Manage Long-Term Account Development. ? Think of it like this: a marketing strategy that sales, marketing and accountmanagement professionals use in order to maintain marketing efforts to their existing clients.
But while you’re having a quarterly business review with your customer about utilization metrics and project status updates, that same customer’s name is moving through your competitor’s sales funnel—being targeted with marketing campaigns, discussed in sales forecasts, and being put through accountstrategy planning sheets.
An extremely important aspect of accountmanagement is the strategic aspect, the plans of dealing with various accounts. I recently discovered through research just how much of an impact real account planning can have on company success. Account Planning Basics. Planning Specifics.
The management team quickly realized that they were facing a number of obstacles in their quest for global presence. This is where Global AccountManagement (GAM) comes into play. Intrigued by the potential benefits, the company’s management team decided to give GAM a try. What is Global AccountManagement?
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 key accounts growth. Why CRMs Alone are not Adequate for Key AccountManagement. CRMs do not empower accountmanagers to be the captain of the ship.
This is such an important question yet most organisations have not established a clear distinctive path, identifiers and actions for effectively managing the full customer relationship journey. Although it is not specific to key customer management, the steps illustrated are powerful and need to be considered.
According to Deloitte Global’s 2018 crisis management survey, “ Stronger, Fitter, Better: Crisis Management for the Resilient Enterprise ,” nearly 60% of respondents believe that organisations face more crises today than they did ten years ago, yet many may overestimate their capabilities to respond. It goes without saying….
ACCOUNTANCY UK accounting industry turnover up 16.6% Mishcon Future builds on its reputation as trusted advisors, drawing on its innovation ecosystem, including MDR Group businesses such as MDR Brand Management , digital transformation specialists MDRxTech and in-house accelerator, MDR Lab.
There are 10 immutable laws that shape the philosophy, outcomes and actions of high performing businesses, key accountmanagers and customer serving professionals over the long term. There are many external risks to the management and health of a customer account. Here they are…. What do I mean by this? Neither would I.
There are 10 immutable laws that shape the philosophy, outcomes and actions of high performing businesses, key accountmanagers and customer serving professionals over the long-term. There are many external risks to the management and health of a customer account. Here they are…. What do I mean by this? Neither would I.
December 2 What is the primary focus of ARPEDIO's AccountManagement solution? Enter draw #1 Account-Based Selling Platform Treat your colleagues to an early Christmas present Relationship Mapping & Org Chart Improve your critical stakeholder relationships.
Quality over Quantity: How Focusing on a Select Few Accounts Can Drive Greater Success in Digital Key AccountManagement As digital Key AccountManagement grows in relevance, many organizations find themselves confounded by the question of whether obtaining new customers is more important than retaining existing key clients.
Pivoting is one type of change and an important change to master when managing and supporting your customers. As a Key AccountManager or Director you must begin with identifying the difference between the customer and the industry. Believe it or not, there are different kinds of changes that are made in business.
New types of stakeholders, little swayed by the strength of a product sales pitch, have been looking to pharmaceutical companies to sit more consistently at the patient population management table. Only a few were in the process of pivoting in response, but everyone knew that their way of engaging with their customers needed to change.
New types of stakeholders, little swayed by the strength of a product sales pitch, have been looking to big pharmaceutical companies to sit more consistently at the patient population management table. Only a few were in the process of pivoting in response, but everyone knew that their way of engaging with their customers needed to change.
New types of stakeholders, little swayed by the strength of a product sales pitch, have been looking to big pharma to sit more consistently at the patient population management table. Long before the COVID-19 outbreak, pharmaceutical companies knew that the customer engagement game had changed.
New types of stakeholders, little swayed by the strength of a product sales pitch, have been looking to big Pharma to sit more consistently at the patient population management table. Long before the COVID-19 outbreak, pharmaceutical companies knew that customer engagement game had changed.
These three essential selling skills can have a great impact on your long-term success in large accounts. We know a thing or two about accountstrategy planning. Learn about our Large AccountManagement Process and prepare to take your results to a new level.
Managing multiple people with different agendas, needs and ideas is a challenge. This will help in knowing how best to manage and master what’s happening so the experience and expectations of your customer is met. It’s tough being the one who has to keep things flowing between your and your customers organisation.
This means that for key accountmanagers and sales teams, this means an org chart tool for Salesforce is no longer a nice-to-have its essential. This visual map of relationships lets you track each stakeholders influence and sentiment, identify champions vs. detractors, and plan your accountstrategy accordingly.
Obviously, this can be broken down into monthly or annual goals and can be applied to an individual sales rep, sales manager, regional manager, or the company as a whole. For our purposes, we will be discussing sales goals as they relate to the sales manager. A sales goal tells the manager what they are driving toward.
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