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Creativity in Sales and Managing VIP Accounts
London Training For Excellence
Summary
Overview
Learning Objectives:
- To develop and manage the VIP member life-cycle effectively.
- To recognize that VIP account management is a process of development, not a single action.
- Manage relationships with members of the VIP base with the key objectives of member retention and maximizing revenue.
- Initiate relationships with potential VIP members, assess sustainability, and retain to long-term VIP clients.
- Develop communications strategy incorporating member’s communication preference.
- Build and maintain the VIP member profile database.
- Target and develop relationships with new and potential VIP members.
- Understand and report on characteristics of the VIP segment of members.
- Work closely with member support and keep them informed on all promotions and project delivery.
Description
- VIP account management is an art or a formula.
- VIP account management as a process of development, not a single action.
- VIP account management is a long-term process. It takes time.
- VIP account management involves relationships, not just a mechanical approach.
- VIP account management is done with selected customers.
- Customer Service and Marketing minded.
- Excellent communicator (both verbal, telephone and written).
- Proven negotiation skills.
- Excellent understanding of VIP account terminology and psychology.
- Proven experience in budget management and ROI reporting.
- Meeting targets and deadlines.
- Enthusiastic and self-motivated – a ‘can do’ attitude.
- Ability to multi task.
- Strong team player.
- Daily monitoring of VIP reports.
- Daily communication with VIP members.
- Exercises and case studies.
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