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Key Account Management: Profitable Customer Relationships

Classroom based course with study materials, lecturer support and CPD Hours included


London Training For Excellence

Summary

Price
£3,960 inc VAT
Study method
Online
Duration
5 days · Self-paced
Qualification
No formal qualification
Additional info
  • Tutor is available to students

3 students enquired about this course

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Overview

Building quality key account strategies is at the heart of successful business marketing programs. The role of the sales force in establishing and nurturing these relationships is vital. The sales environment is rapidly changing. Long selling cycles, complex propositions, and high value sales make new methods necessary. This course provides the latest thinking in sales and key account strategy for companies who want to differentiate their products/services through value-added elements tailored to customised solutions for key customers.

Description

Module 1 - Changing sales environment

  • What is key account management?
  • Decline of the middle
  • Price/Quality pressures
  • Customer expectations

Module 2 - It\'s all about relationships

  • Relationship marketing and selling
  • Building value into the sale for all customer levels
  • Different tasks-different skills (partnering, negotiations, identifying account desires)
  • Creative approaches to key account management
  • The importance of getting partnering right: relationship assessment

Module 3 - Managing complex sales situations

  • Managing the long selling cycle, complex, high relationship sale-case study.
  • Customer relationship management tools: opportunity planning.
  • Technology and communication in account management.
  • Measuring customer-lifetime value.
  • Partnering with key accounts.

Module 4 - Key account planning strategies and control

  • Personal relationships and account management.
  • Company-to-company relationships in account management.
  • Case study on key account relationship marketing.

Module 5 - Developing the key account master plan

  • Increasing key account program effectiveness
  • Account selection and classification.
  • Resource allocation by type of account.
  • Auditing the key account program—audit checklist

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.