Most business-to-business companies have key account customers and it is essential to secure continuous business from those customers. The ideal outcome is to build relationships with the right decision-makers at different levels in their organization so that you become their preferred collaborative partner. This requires a clear key account strategy and a different understanding of what can bring superior value to the customer.
It is not just about your key account team dealing with the usual buyers. You also need to influence other decision-makers and external stakeholders.
Define the functions of key accounts and their importance for the commercial organization
Identify and prioritize key accounts to measure their profitability and qualify their strategic importance for their company
Classify the different levels of customer relationships to enhance the way they interface with customers
Develop customer-focused plans and strategies needed in the development of key accounts
Build core key account competencies to meet the ever-changing challenges in the market
Global Heads of Key Accounts who want to win more business globally
Key Account Directors who want to become the customer’s preferred partner
Key account managers who require a clear plan
Key account team members who need to contribute to the key account plan
Other managers required to understand the plan and support it
The principles of effective key account management
Understanding the five levels of KAM
Information required to construct a key account strategy
Structuring the key account strategy
Putting your objectives and strategy into context
Identifying the customer’s challenges and Key Success Factors
Finding and filling their capability gaps
Identifying hidden influencers in the key account
Discovering their challenges and priorities
Understanding their attitudes, perception, and motivation
Creating and using personas
How to tackle competitors in the account
Defining your KSFs for the account
Explaining and justifying your strategy and objectives
Targeting to influence the product specification
Building relationships with key decision-makers
Developing credibility outside the account
Communicating inside the key account
Becoming the thought-leader externally and internally
Offering the customer superior value propositions
Communicating to make your prices buyer-proof
Using principled negotiation with the key account
Templates and tools to construct the key account strategy
Tools to manage and control the strategy
Forming the key account team
Using colleagues from different disciplines to add value in the key account
Building and maintaining motivation for your key account strategy
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