Key Account Management: Establishing Profitable Customer Relationships
Start Date: |
15 Jun 2025 |
End Date: |
19 Jun 2025 |
Duration: |
5 |
Fees: |
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Country: |
Lebanon/Beirut
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Category: |
Public Relations and Customer Service
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Details: |
Program Objectives:
By the end of the program, participants will be able to:
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Improve margins and keep more profit.
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Prioritize efforts for maximum results.
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Develop a sales plan for each strategic (key) account to fully satisfy client needs and maximize customer value.
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Lead the buying process and close more sales.
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Maximize human capital utilization.
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Identify, evaluate and prioritize opportunities for business and relationship development.
Program Outline:
Key Account Management
- What is a Key Account?
- Who Makes the Rules for Qualifying Key Accounts?
- Overview of Key Account Management: Business Perspectives and Trends; Customer Expectations; Profitable Growth Strategies
Account Analysis, A Necessary Step Towards
Defining and Selecting KA
- The Single-Factor Models
- The Portfolio Models
- The CALLPLAN Model
- Cost per Call and Break-Even Sales Volume Computation
- Selection Criteria and Measuring Attractiveness
- Use of Resources versus Cost to Serve
The Key Account Relational Development Model
- The
Pre Relationship Stage
- The Early Relationship Stage
- The Mid Relationship Stage
- The Partnership Relationship Stage
- The Synergetic Relationship Stage
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The Account Planning Process
- The 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
The Critical Role of Key Account Managers
- Understanding the Role and Responsibilities of KAMs
- 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
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