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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. Sales and accountmanagement – no longer an expense but an investment.
What skills do keyaccountmanagers need? Keyaccountmanagement is a profession in demand. KeyAccountManagers are in demand by companies now more than ever. Enterprise Account Executive #6. Customer Success Manager #7. All this talk about the digital economy. I sure was.
The best sales podcasts keyaccountmanagers should listen to Are you a keyaccountmanager? Why selling is hard for keyaccountmanagersKeyAccountManagers are busy making sure clients get the best from what they've already bought. Do you sell?
21 free courses for keyaccountmanagers to boost your skills now A keyaccountmanager has to grow and retain their clients. Find out what those skills are, along with 21 free courses to help you become a better keyaccountmanager. FAQ Do I need a degree to be a keyaccountmanager?
Sales maps for keyaccounts tend to be quite complex with many stakeholders. Next let’s investigate the keyaccountmanagement process To be effective at managingkeyaccounts, sellers need a strong and repeatable process in place. Todd says he knows it sounds simple.
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. Core Traits of High-Performing AccountManagers 1.Relationship
For years, KeyAccountManagement (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 managekeyaccounts elsewhere? KeyAccountManagement is not an extension of sales.
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. That’s a lot of human work hours up for grabs by robots!
How Data Analysis Adds Value to KeyAccountManagement Data analysis has quickly become a valuable tool for just about every type of business. The more data you generate and process, the bigger the opportunity for data analysis and management. Data analysis is changing how keyaccountmanagement is delivered.
While this customer’s staff demonstrated both passion and expertise, to make this process a reality, they needed a project focused on innovative thinking, data-driven insights, stakeholder connectivity and patient/provider resources. Stakeholdermanagement. The customer in this case is a large, U.S. health system.
“In a multi-phased approach, the local accountmanagement activities for the defined SV&I accounts have been transferred to the globally acting and responsible SV&I client business partners.”. We introduced the title of “client business partner” differentiating this role from the standard keyaccountmanagement function.
This process involves multiple product demonstrations, engaging with IT, procurement, and finance stakeholders, and significant customization to meet the client’s needs. Compared to small or mid-sized business (SMB) sales, enterprise sales typically entail a longer decision-making process, more resources, and more stakeholders.
Phil is an accountmanagement and sales professional professional with a wealth of experience and wisdom he's distilled into The Tenets of AccountManagement. These guiding principles have served Phil well and I know they will help you find success as a keyaccountmanager. Click to Tweet.
Are you doing keyaccountmanagement the hard way? Effective keyaccountmanagement requires you to increase profits, develop relationships, increase satisfaction, grow revenue, improve retention and reduce conflict. Let's take a look at 7 of my favourite keyaccountmanagement tools.
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. The post KeyAccountManager or Strategic Ecosystem Leader?
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. Keyaccountmanagers without an action plan will fail.
How you reward KeyAccountManagers is seen as a critical ingredient in the overall success of any KeyAccountManagement KAM strategy. The role of a keyaccountmanager requires effective coordination of a web of complex activities. Reward schemes fall into three categories: .
How you reward KeyAccountManagers is seen as a critical ingredient in the overall success of any KeyAccountManagement KAM strategy. The role of a keyaccountmanager requires effective coordination of a web of complex activities. . Reward schemes fall into three categories: 1.
When we work with KeyAccountManagers (KAMs) we are often impressed by their knowledge, skillsets and attitudes that drive them to success. See if you can learn from them and create the success they enjoy: They recognise that KeyAccountManagement is a business mindset, not a sales initiative.
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?
Core Facets Of KeyAccountManagement In Life Sciences Managing relationships and building strategic plans to grow revenue across complex accounts is a part of day-today life for anybody in sales, marketing, or accountmanagement in the Life Sciences space.
Core Facets Of KeyAccountManagement In Life Sciences Managing relationships and building strategic plans to grow revenue across complex accounts is a part of day-today life for anybody in sales, marketing, or accountmanagement in the Life Sciences space.
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 best practices ← Back to blog In today’s competitive landscape, effectively managingkeyaccounts is not just a strategy: It’s a necessity. The primary objective of this strategy is to either maintain or expand the profits derived from these key or strategic accounts.
Your KeyAccountManagement (KAM) shouldn’t be time-consuming or difficult. The post Four Aspects of KeyAccountManagement appeared first on Point N Time. It must be organized, results driven (KPIs), dynamic (change with your business and your customers).
With digital keyaccountmanagement tools , sales teams can offer numerous advantages over traditional methods, including increased security, convenience, and visibility. With keyaccountmanagement evolving and becoming more complex , organizations are turning to AI as a key differentiator and enabler.
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. Challenges in Shifting to Digital KeyAccountManagement Shifting to Digital KeyAccountManagement also comes with its fair share of challenges.
Create contact plans to keep in touch with keystakeholders in your company and your client's. Your job as a keyaccountmanager is to deliver the kind of value that convinces your clients to stay in the loop. GRAHAM Different stakeholders will value different things. Stakeholders value business improvement.
Why KeyAccountManagement is Essential for Business Success ← Back to blog In today’s fast-paced business world, simply acquiring new customers isn’t enough – you need to keep them coming back for more. That’s where KeyAccountManagement (KAM) comes in. What is KeyAccountManagement?
If you want to run a successful B2B business, it should be focused on acquiring large customers and growing the number of users or products inside those keyaccounts. This is typically done through something called keyaccountmanagement. What is KeyAccountManagement (KAM)?
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?
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. Superior together. Enhance forecast accuracy.
Review and revise your account plan Strategic account plan Excel template Strategic account planning resources. Strategic account planning process It's so easy to get caught up in the daily grind and forget the big picture. How are you going to get their support - intellectually and emotionally?
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.
In the past, accountmanagers spent significant time on manual tasks like logging customer interactions, scheduling meetings, updating CRM records, and manually tracking stakeholder engagement. Why do you need an AI Accountmanagement tool?
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.
In case that person leaves your accounts, the amount they were bringing into the organization is automatically at risk. Why should you adopt Digital KeyAccountManagement? What are some of the benefits of adopting digital account planning solutions for your keyaccounts?
KeyAccountManagement (KAM) thrives on strong relationships, and there is no denying that. But it also demands precise account planning, strategic execution, data-driven decision-making, and seamless cross-functional collaboration. How RevOps Helps in KeyAccountManagement?
There are good reasons to think 2024 has been less of a stroll and more of a high-stakes triathlon for KeyAccountManagers and Sales Leaders. When you thought you had mapped the relationships within a keyaccount, another regional division probably popped up, demanding attention and alignment.
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?
That, in order to well manage their customers, companies operating in a complex environment need to develop 3 types of commercial capabilities. AccountManagement & Delivery. KeyAccountManagement. The KeyAccountManagement Capability. Complex Sales. The Complex Sales Capability.
Every month I share a selection of popular titles to help with your professional development as a keyaccountmanager. Keyaccountmanagers rely on influence to get things done. It's a boundary-crossing role that needs the cooperation of numerous stakeholders and departments to succeed. Why this book?
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