Strategic Account Management Association

APRIL 5, 2021

They make great paperweights, but if asked about specific details, most of us might offer an uneasy grin, knowing that we have companions-in-arms, equally guilty of shirking that responsibility to read altogether. So why on earth do we still bother with documents numbering hundreds of pages, sans picture and color?

Manufacturing 520

Manufacturing Account Management Decision-making Meetings 520

Account Manager Tips

AUGUST 14, 2022

You'll learn behaviours and techniques that will make your natural creativity shine. This proven method will make you more open-minded and productive. This proven method will make you more open-minded and productive. Making Creativity and Innovation Happen. Unleash Your Potential: Innovation and Enterprise.

Key Account Management 246

Key Account Management Account Management Emotional Intelligence Management 246

Account Manager Tips

MARCH 23, 2021

Importance of key account management Existing business is cheaper and more profitable than new business. Identify and connect with decision-makers, budget holders and manage complex relationship networks. Clients feel secure in the relationship, and information sharing and transparency increase to help everyone make better decisions.

Key Account Management 246

Key Account Management Account Management Management Suppliers 246

Mike Kunkle

OCTOBER 8, 2023

Keep this in mind as you read this article, and adapt and adopt what makes sense for you in your current context. The cross-functional alignment ensures every department synchronizes efforts to drive profitable growth. According to The Annuitas Group, nurtured leads make 47% larger purchases than non-nurtured leads.

Customer Experience 304

Customer Experience Decision-making Profitability Marketing 304

PandaDoc

SEPTEMBER 28, 2022

Sounds obvious, but this is one of the classic errors of newbie negotiators — they easily lose their composure under the pressure, which makes them weaker in the opponent’s eyes. The affect heuristic reflects the relationship between emotions and the decision-making process. Such tools can help you be more decisive.

Negotiation 98

Negotiation Profitability Decision-making e-Learning 98

Mike Kunkle

APRIL 8, 2023

My point here, is that you should make a purposeful determination on these levels, clearly define them, train them, and coach to them. In addition to having the right decision makers in the deal, which is part of qualification, it’s important to assess the landscape and relationships. Here’s what I mean.

B2B 243

B2B Sales Decision-making Stakeholders 243

Mike Kunkle

AUGUST 30, 2023

To firmly establish the function as required and themselves as integral players in their companies, enablement experts must be equipped to prove their worth by improving sales results and bolstering profitability. They must show that they can make an impact with enablement and move the needle on the metrics that matter most.

Leadership 293

Leadership Stakeholders Decision-making Sales Training 293

Hubspot Sales

AUGUST 20, 2024

Imagine having to actually make a buying decision purely by shopping through the toothpaste aisle. How to Avoid Choice Paralysis Helping Customers Overcome Choice Fatigue Companies That Get it Right Make Decisions With Simplicity and Customer Needs in Mind What is Choice Paralysis? It’s overwhelming.

Decision-making 111

Decision-making B2C B2B Software 111

AchieveIt

AUGUST 8, 2024

Using intuition or a vibe might work when choosing where to go on your next vacation or which restaurant to try, but not when making strategic or business decisions. Your decision-making process should be centered around these valuable insights. What is data-driven decision-making (DDDM)?

Decision-making 52

Decision-making Healthcare Stakeholders Government 52

Upland

JANUARY 29, 2024

Sales productivity becomes even more difficult for complex B2B accounts with large buying groups and multiple divisions involved in the decision-making process. This targeted approach makes successful sales and better relationships more likely. This requires that sales teams work with their greater revenue teams.

Account Planning 195

Account Planning Sales Decision-making Shareholders 195

Account Manager Tips

APRIL 26, 2021

How much money does a key account manager make? Money can't buy happiness, but it sure makes misery easier to live with. Find out how much money key account managers REALLY make! How much money does a key account manager make? Develop influential relationships with decision-makers. Enough for champagne and caviar?

Key Account Management 242

Key Account Management Account Management Management Negotiation 242

Account Manager Tips

JUNE 29, 2021

Build relationships with decision-makers and expand your network. Do you make the first move and present a compelling proposal that positions you as the partner of choice? Clients use bid decision criteria to decide who wins the contract. Be transparent and accountable for purchasing decisions. Define price strategy.

Suppliers 246

Suppliers Shareholders Stakeholders Decision-making 246

Account Manager Tips

NOVEMBER 14, 2022

It can help inform smart business decisions and spot investment opportunities. Data analysis specifically is changing key account management and the way they relay insights to internal stakeholders and clients to make a greater business impact.

Key Account Management 130

Key Account Management Account Management Management Profitability 130

Hubspot Sales

SEPTEMBER 12, 2024

Like most modern buyers, I had already done a wealth of research leading up to my decision, and nothing the salesperson said was going to make me walk away with anything other than the brand and model I showed up to buy. Buyers today are more informed than ever, and not just about cars, appliances, and consumer electronics.

B2B 116

B2B B2C Decision-making Software 116

Hubspot Sales

AUGUST 27, 2024

It can help them to be resilient to changing market conditions, and achieve their profitability goals. Striking the right balance between profitable margins and winning competitive deals is challenging. AI pricing helps to maximize revenue and profitability while ensuring that prices remain competitive and aligned with market trends.

Artificial Intelligence 103

Artificial Intelligence Profitability Telecommunications Retail 103

Account Manager Tips

OCTOBER 11, 2021

You need to take charge, make decisions and set goals for your customers so they can achieve success. What changes should we make? How do we make changes? Not focused on the customer The biggest mistake you can make with clients is to put your needs first. A meeting minutes template makes notes easier to read.

Account Management 246

Account Management Key Account Management Management Suppliers 246

Hubspot Sales

JANUARY 12, 2023

From there, you can make the critical decision between entrepreneurship and standard employment. Entrepreneurship vs. Your earnings will be the business’s profits. Entrepreneurs handle expenses and business decisions, while employees focus on doing their best and helping the company succeed.

Insurance 133

Insurance Investors Decision-making Profitability 133

Hubspot Sales

FEBRUARY 15, 2021

This statement isn't even remotely controversial, shocking, or insightful, but it's still true: Businesses sell products and services to make money. Sales — at its core — is the pursuit of profit, so naturally, companies need a pulse on what it takes to get there. Shooting in the dark when pricing products is never a good call.

Profitability 133

Profitability Investors Manufacturing Retail 133

Red Star Kim

NOVEMBER 9, 2023

What is the informal decision-making process? link] There’s advice to jump your uncertainty gaps by decision-making and actions which involves risk. Strategy is a stream of decisions and actions”. He notes that your optimism (or pessimism) will impact decisions as well as ability to make fast decisions.

Strategic Thinking 147

Strategic Thinking Decision-making Innovation Facilitation 147

Nutshell

AUGUST 30, 2024

Separating net and gross sales figures from this for further analysis will provide you with more insight into your company’s profitability. While your gross sales amount gives you a high-level view of your overall income over a period, it doesn’t tell you much about your business’s profitability. Table of Contents What is gross sales?

Cybersecurity 114

Cybersecurity Profitability Sales Decision-making 114

Hubspot Sales

MAY 3, 2019

It felt good to understand a critical part of my company and learn how to use it to make better business decisions. COGS or COS is the first expense you’ll see on your profit and loss (P&L) statement and is a critical component when calculating your business’s gross margin. And … it wasn’t as bad as I thought. Depreciation.

Banking 141

Banking Energy and Utilities Profitability Investors 141

Hubspot Sales

MARCH 9, 2021

Having no idea why you're choosing a certain price point makes that point, well, pointless. And the one you go with typically rests on a variety of factors — elements like timing, broader business goals, market position, and financial circumstances can all have a place in making that decision. Maximizing Profit.

Profitability 133

Profitability Decision-making Prioritization Marketing 133

Upland

AUGUST 9, 2023

Rather, it’s vital to the success of each and every deal we make. There’s a real, profitable value in understanding our partners, and building that solid relationship and foundation. Simply put, exceptional sales organizations make their customers’ goals the number one priority. These teams never ask “What can I sell?”

Account Planning 195

Account Planning Innovation Decision-making Healthcare 195

Hubspot Sales

JANUARY 17, 2020

Does the idea of managing a team of employees make you cringe? Solopreneurs tend to start their businesses to offer a specific niche offering and are focused on building a steady customer base to keep their business profitable but are not looking to expand. Do you love working independently? Virtual assistant.

Profitability 137

Profitability Small Business Media Internet 137

Upland

AUGUST 29, 2023

Buying intent , also known as purchase intent, refers to the likelihood and inclination of a potential customer to make a purchasing decision. For any company to make the most out of its products, it is important to understand and grasp the essence of buying intent.

Value Proposition 195

Value Proposition Decision-making e-Learning Supply Chain 195

Jermaine Edwards

APRIL 3, 2020

Regardless of the size, maturity or sophistication of your organisation, you can apply these ideas to protect your profits, reputation, relationships and revenues. This doesn’t mean it will be easy nor will you not have to make tough decisions. It just means the effort and tough decisions will be worthwhile.

Decision-making 130

Decision-making Profitability e-Learning Negotiation 130

Hubspot Sales

SEPTEMBER 1, 2021

In most cases, limited partners don't have decision-making authority for the businesses they invest in. Neither of these entities pay taxes themselves — instead, their losses and profits are passed through their members to be claimed on their individual tax returns. Limited partners are called "limited" for a reason.

Investors 117

Investors Shareholders Profitability Decision-making 117

Hubspot Sales

MARCH 27, 2019

Profit Quota. This type of quota is based on the gross profit or margin of a dedicated sales team, product/service grouping, or salesperson. A gross profit quota is calculated by subtracting selling expenses and the cost of goods sold from the final revenue number. Calculator Soup Profit Goal Calculator.

Profitability 143

Profitability Sales Sales Management Meetings 143

Upland

APRIL 20, 2023

These include the largest, most profitable, or most strategic customers with room for the greatest growth. To make this easier, great sales teams set clear goals, KPIs, and adjust when needed to better fit their always-evolving account management strategy. You might be wondering, “Is it really worth it, in the end?”

Account Management 195

Account Management Management Account Planning Decision-making 195

Hubspot Sales

NOVEMBER 20, 2023

AI and the pandemic threw a wrench in the typical sales funnel that companies have now realized is too outdated to consistently bring in the profits they want to see. In reality, what your audience wants is to know that you’re in tune with their needs and you have what it takes to make their jobs easier.

Artificial Intelligence 122

Artificial Intelligence Decision-making Profitability Sales 122

Hubspot Sales

DECEMBER 9, 2020

Poorly-managed pipelines are an entirely different story, as they may affect deal closure and make it challenging to create accurate sales forecasts. A sales prospect may be someone who works for a decision-maker who is browsing the market for their boss. A decision maker or someone who is part of a purchasing team. >8

Decision-making 138

Decision-making Negotiation Prioritization Profitability 138

Red Star Kim

SEPTEMBER 8, 2023

Context and curiosity drive commerciality and pricing By exploring key themes in commerciality and entrepreneurship, we saw why risk management and anticipating return on investment (ROI) is critical when making the business case for marketing investment. The crux of marketing is to anticipate (and meet) client needs whilst maximising profit.

Procurement 113

Procurement Value Proposition Finance Artificial Intelligence 113

Hubspot Sales

DECEMBER 20, 2021

You’ll probably need to advertise or, at the very least, have business cards or other marketing materials to leave behind and make word-of-mouth easier. Consider this: It’s not about how much you make — it's about how much you keep. Net Profit = Operating Profit - Taxes - Interest. You have to spend money to make money.

Manufacturing 111

Manufacturing Advertising Insurance Profitability 111

Red Star Kim

FEBRUARY 8, 2024

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. Essentially a focus on the most profitable clients. So targeting is often more important and more challenging.

Value Proposition 130

Value Proposition Key Account Management Digitalization Sales 130

Red Star Kim

JUNE 15, 2023

or profits greater than £150000), active and inactive companies with up to 10 years’ of financial data. profit, growth and core legal services) How can Nexl help law firms execute their Strategic Account initiatives? (no-data-entry 200,000 companies with turnover or shareholder funds over £1.5m Why do law firms needs SAM?

Key Account Management 130

Key Account Management Account Management Management Client Relationships 130

Hubspot Sales

SEPTEMBER 27, 2019

Today’s businesses need to make sales decisions in response to market changes, competitor activity, customer preferences, and company-wide campaigns. Moreover, sales teams don’t need to make use of every single metric. Next, make a note of what questions arise from your objective. What’s causing it to be at this length?

Sales 141

Sales CRM Decision-making Profitability 141

Red Star Kim

NOVEMBER 1, 2023

Nervousness – Shyness, modesty, lack of confidence and fear of failure can make fee-earners reluctant to organise meetings to take the next steps in building a potential client relationship. There is rarely a deep understanding of how disparate and disconnected decision-making units are across such large organisations.

Key Account Management 130

Key Account Management Account Management Value Proposition Client Relationships 130