Strategic Account Management is an art underpinned by a scientific approach.
It aims to focus your business development and customer relationship
management resources where they can be most successful. The
outcome is to save time and avoid wasting effort and
money.
Effective Strategic Account Management can also help to avoid the “profitless prosperity” trap, where
there is good business flow but no profit.
In this half-day seminar, Participants will learn how to
:
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Identify objectively client firms with which they can do business most effectively
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Identify with which of those client firms there is a real potential “business fit” at present or in
the future (based on a combination of industry and firm-specific business issues, challenges for the client and
the unique expertise and benefits brought by the participant and his/ her firm)
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Identify the key buying decision takers within each firm and their respective Roles
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Identify the key Personal and Business Needs of those decision
takers and
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Build Consultative
Partnerships with them
The Benefits of this
approach include:
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Focusing business development work so that the amount of time wasted is minimised and “hit rate” is
maximised
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Moving client relationships “up the food chain” as rapidly as possible from gatekeepers and technical / user
buyers to the real decision makers or “economic buyers” who have ultimate authority to “sign a
cheque”
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Reducing (and ultimately eliminating) competition in your chosen field with a given client
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Maximising both your share of the client’s available spending in your field (“share of wallet”) and also your
profitability from that spending, (because price is minimised as an
issue in the buying decision)
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Minimising (or eliminating where possible) the need to respond to Requests For Proposals (“RFPs”) because you
engage with the client far earlier in the process
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(Where legally possible) fast-tracking the procurement process.
Topics covered
include:
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How Buying Decisions are (Really) Taken
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Understanding “Value” (as seen by clients) and how to leverage this
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Strategic Selling vs. Strategic Account Management plus key differentiators/ Benefits
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Account Planning: Processes and Tools
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Qualifying the Clients (i.e. selecting and prioritising targets)
- Account team allocation
- Business Fit and Targeting
- Tools and Systems
- Executive Sales Skills Sets
Who should attend?
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Business Development and Sales professionals,
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Client Relationship Managers,
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Partners and Associates in Law, Accountancy, Consultancy or other Professional Services firms who seek to
build and grow their practices and become recognised as “rainmakers”
For details, please use the email form on the Contact Us page.
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