Mastering Key Account Management: A Step-by-Step Guide to Practical Tools and Self-Assessment Techniques
Course Overview This comprehensive course is designed to equip you with the skills and knowledge needed to master key account management. Through a combination of interactive lessons, hands-on projects, and real-world applications, you'll learn how to develop and implement effective key account management strategies that drive business growth and success.
Course Objectives - Understand the principles and concepts of key account management
- Develop a comprehensive key account management strategy
- Identify and prioritize key accounts
- Build and maintain strong relationships with key account customers
- Conduct thorough needs assessments and develop tailored solutions
- Negotiate and close deals with key account customers
- Monitor and evaluate key account performance
- Continuously improve and refine key account management strategies
Course Outline Module 1: Introduction to Key Account Management
- Defining key account management
- Understanding the importance of key account management
- Key account management vs. sales management
- Benefits of key account management
- Challenges and obstacles in key account management
Module 2: Identifying and Prioritizing Key Accounts
- Criteria for identifying key accounts
- Prioritizing key accounts using the ABCD method
- Conducting a customer portfolio analysis
- Developing a key account selection framework
- Case study: Identifying and prioritizing key accounts
Module 3: Building and Maintaining Strong Relationships
- Understanding customer needs and expectations
- Developing a customer relationship management (CRM) strategy
- Building trust and rapport with key account customers
- Effective communication and conflict resolution
- Case study: Building a strong relationship with a key account customer
Module 4: Conducting Needs Assessments and Developing Solutions
- Conducting a thorough needs assessment
- Developing a tailored solution for the key account customer
- Presenting the solution to the key account customer
- Negotiating and closing the deal
- Case study: Conducting a needs assessment and developing a solution
Module 5: Negotiating and Closing Deals
- Understanding the negotiation process
- Developing a negotiation strategy
- Conducting a negotiation meeting
- Closing the deal and finalizing the agreement
- Case study: Negotiating and closing a deal with a key account customer
Module 6: Monitoring and Evaluating Key Account Performance
- Developing a key account performance metrics framework
- Monitoring and tracking key account performance
- Evaluating key account performance and identifying areas for improvement
- Developing a continuous improvement plan
- Case study: Monitoring and evaluating key account performance
Module 7: Advanced Key Account Management Topics
- Key account management in a digital age
- Using data and analytics in key account management
- Developing a key account management strategy for a global market
- Managing key accounts in a matrix organization
- Case study: Advanced key account management topics
Module 8: Putting it all Together - Developing a Comprehensive Key Account Management Strategy
- Developing a comprehensive key account management strategy
- Aligning the key account management strategy with the organization's overall strategy
- Implementing the key account management strategy
- Monitoring and evaluating the effectiveness of the key account management strategy
- Case study: Developing a comprehensive key account management strategy
Certificate of Completion Upon completion of this course, participants will receive a certificate issued by The Art of Service.
Course Features - Interactive and engaging lessons
- Comprehensive and up-to-date content
- Practical and real-world applications
- Expert instructors with extensive experience in key account management
- Flexible learning format
- User-friendly and mobile-accessible platform
- Community-driven discussion forums
- Actionable insights and hands-on projects
- Bite-sized lessons and lifetime access
- Gamification and progress tracking
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- Understand the principles and concepts of key account management
- Develop a comprehensive key account management strategy
- Identify and prioritize key accounts
- Build and maintain strong relationships with key account customers
- Conduct thorough needs assessments and develop tailored solutions
- Negotiate and close deals with key account customers
- Monitor and evaluate key account performance
- Continuously improve and refine key account management strategies