• Improve margins and make more profits.
• Prioritize efforts for maximum results.
• Develop a sales plan for each strategic (key) account to fully satisfy client needs and maximize customer value.
• Lead the buying process and close more sales.
• Maximize human capital utilization.
• Identify, evaluate and prioritize opportunities for business and relationship development.

Key Account (KA) Management

• Definition of Key Account Management
  
• Setting the Rules for Qualifying Key Accounts
• Overview of Key Account Management: Business Perspectives and Trends; Customer Expectations; Profitable Growth Strategies
• The Key Account Management Function and the Sales Department Structure

Account Analysis: A Necessary Step Towards Defining and Selecting KA (KAM)

• The Single-Factor Model
  
• The Portfolio Model
• The CALL PLAN Model
• Cost per Call and Break-Even Sales Volume Computation
• Selection Criteria and Measuring Attractiveness
• Use of Resources versus Cost to Serve

Key Account Relational Development Model

• Pre Relationship Stage
  
• Early Relationship Stage
• Mid Relationship Stage
• Partnership Relationship Stage
• Synergetic Relationship Stage
• Reasons for Divesting Partnerships
• Evaluating your Current Partnership Level with Key Accounts

The Account Planning Process (KAP)

• Account Planning Process Criteria
  
• Analyze the Customer, Past Business, and Competition
• The Competitive Analysis Matrix
• The Customer Expectation Benchmark Matrix
• Developing Account Strategies
• Use of SWOT and TOWS Analysis
• Strategy Development Tools
• Template for Key Account Management Planning
• Creating a Performance Measurement Dashboard for Individual Key Accounts

The Critical Role of Key Account Managers (KAD)

• Understanding the Role and Responsibilities of Key Account Managers
  
• Building and Leading Effective Key Account Teams
• Maximizing Sales through Effective Negotiation
• Negotiation Skills and Tactics
• Building Long-Term Customer Relationships and Trust
• Understanding the Importance of the Customer Service Function in KAM
• Relationship Selling: Rethinking the KA Sales Force
• Performance Challenges and Measurement Criteria
• Presentation Skills for Key Account Managers

Account managers, sales managers, sales people who are managingKey Accounts or have limited experience in managing customers in a Business to Business environment.

This program is worth 27 CPD hours.

Note: Fundamental sales skills are assumed and will not be covered in this course.