Remove Negotiation Remove Profitability Remove Strategic Thinking
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21 Free Courses for Key Account Managers to Boost Your Skills Now

Account Manager Tips

Because the job is so varied and involves many different tasks, you need a lot of skills to do it well: Strategic thinking Influencing Business management Leadership Teamwork Change management Innovation and creativity Solution design and positioning Relationship building Sales Project management Phew! Strategic Account Management.

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Context and curiosity drive commerciality and pricing

Red Star Kim

And the strategic need to align marketing objectives to a firm’s strategic intent. The crux of marketing is to anticipate (and meet) client needs whilst maximising profit. Price is a major driver of profit. Often, pricing becomes the focus of these negotiations. Books on pricing?

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How Much Money Does a Key Account Manager Really Make?

Account Manager Tips

But if it is, then build a detailed business case with supporting evidence that proves: you're underpaid compared to the market; your performance is above average; you keep your clients and they're profitable. You can negotiate on your additional compensation too. Grow revenue through upselling, cross-sell, expansion and renewal.

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Value-Based Selling: 7 Essential Tips for Sales Leaders

Brooks Group

So, sales organizations need focus on improving their sellers’ sales skills and strategic thinking abilities. Prospect: We spend a lot of time, energy, and money negotiating the returns and tracking down deliveries. It’s cutting into our profit margin substantially. What Is Value-Based Selling?

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Understanding Account Management Essentials

Arpedio

Driving business growth: Effective account managers are able to identify new business opportunities within existing accounts, and develop strategies to increase revenue and profitability. Problem-Solving Ability: Account managers must be adept at identifying and resolving issues promptly and effectively, ensuring client satisfaction.

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Comprehensive Career Path Guide for a Key Account Manager

DemandFarm

Their primary goal is to ensure that their clients are profitable and satisfied enough to remain loyal to the company. Strategic thinking: Managers should think strategically to create mutually beneficial scenarios for their key accounts and their organization. What does a Key Account Manager do?

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Theory of Constraints: What's Hindering Growth In Your Agency

Liston Witherill

I was doing production, only serving to sabotage our capacity because it took me away from my strengths – strategic thinking, creativity, sales, marketing – and put me in a role I underperformed in. Sales: the percentage of quality leads you’re closing, and how profitable they are.