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KEY ACCOUNT MANAGEMENT

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Training course summary

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Key account management is critical to an organisation’s continued success or failure. It is the larger order or longer-term contract that can smooth out the cash flow and create significant profit potential. Multiple relationship management, networking and strategic planning are all crucial skills needed to maximise and maintain the potential of key accounts. This course provides delegates with practical and effective strategies to ensure that key account relationships are nurtured into highly valued partnerships. A strong focus will be placed on relationship building and the skills needed to protect key accounts from competitor attack. Individual coaching, self-appraisal and case studies will ensure maximum participation and learning.

Regions:
  • All Areas
Delivery:
  • In House
  • Public
Category:
Difficulty:
  • Intermediate

Further Details

COURSE OBJECTIVES

Complete a successful transition into the key account manager’s role.
Construct and implement clear strategic plans to consolidate your key account relationships and gain valuable new and repeat business.
Use the marketing mix and your key account knowledge to correctly position your solutions.
Recognise and deal effectively with competitor threats.
Use effective skills to persuade and motivate the key buyers, influencers and decision-makers.
Select the most appropriate approach to secure increased and profitable business from your key accounts.
Develop strong personal links with all the key individuals in your major accounts, and turn relationships into long-term partnerships.
Respect, reassure and motivate the key personnel charged with servicing and supporting your major accounts.

COURSE DESIGNED FOR

Key account executives, account managers and those who are progressing into a key account management role, or who have limited experience in managing accounts. Fundamental sales skills are assumed and will not be covered on this course.

COURSE CONTENT

Account Management - It’s Big Business ~

The profile of a key account
Selling and account management - the difference
Account manager - your role and responsibilities
Prioritising - Who are the Key Accounts?

Research your Customers Profile and Position ~

Investment versus return - get your priorities right
Assess your strengths, weaknesses and unique advantages
Understand the marketing process and where you fit in

Planning a Key Account Strategy ~

Be clear about the potential of each account
How to develop a key account over the long-term
Longer buying cycles and their impact on your sales strategy
Recognising threats and dealing with them
Setting specific goals and objectives for each meeting

Relationship Management ~

Understanding the organisational structure of your account
Influencing and negotiating with multiple contacts
Identifying cross selling opportunities
Networking within your account
Identifying and gaining future sales
Client centred selling - focus on the real needs
How and when to adapt your account management style
Productive meetings and how to achieve them

From Relationship to Partnership ~

Strengthening the relationship through regular contact
Alliances across an organisation to maintain preferred supplier status
Constructing strategic service level agreements

Developing the Business ~

Tenders and how to respond to them
The essentials of effective proposals
When and how to use a team presentation
Effective presentations and the essential skills behind them
How to ensure large contracts bring in large profits

Teamwork to Support Key Accounts ~

Planning how to support your key accounts
Identifying and overcoming internal barriers that prevent quality support
Ensuring all support staff play a key role in servicing your major accounts
What to expect of customer service staff
Motivating staff within a positive team culture

Guide price

£395 1st delegate (£195 for all others from the same organisation)

 

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