As a
sales or key account manager, you will be responsible for managing a number of existing
client accounts and expanding business by acquiring new clients and
cross-selling and up-selling to the existing ones. The actual work or number of
client accounts varies from business to business. But it usually involves:
- Maintaining relationships with major client accounts
- Explaining existing clients how new or additional services will help them achieve their business goals
- Answering queries of clients
- Meeting clients in person whenever required
- Expanding business by acquiring new customers
- Ensuring all specific needs of clients are met
- Leading project management activities
- Planning about how to expand business
The
job of sales account manager typically may involve travelling to meet clients.
The working hours may not be fixed, as it depends on the number of meetings or
tasks lined up for the day. Working on weekends may be expected as your job
involves meeting clients.
As a
sales account manager, you act as a bridge between the company and the
customers. You are expected to meet your targets, promote existing as well as
new offerings or services to clients and maintain relationships with them. On
the other hand, you will also need to coordinate with your entire team working
on key accounts and ensure that the work is being done on time.
Employment
Prospects
Most
mid-to-large sized businesses depend on their sales account managers, in order
to increase revenue. Sales account manager can find employment with advertising
companies, insurance companies, financial institutions, pharmaceutical
companies and many others.
The
job prospects are always bright in this field because client acquisition and
business expansion are most important functions of any organization. However,
despite huge demand for such professionals the job market has become more
competitive than ever.
Employers
are keen on hiring individuals who have completed a sales
account management program and possess relevant hands-on experience. in
fact, these are basic requirements which one needs to fulfill to enter the
world of work.
Key
Account Management Program
Centennial
College’s graduate-level key account
management program provides you with the knowledge and skills required
to build rewarding careers in this field. The one-year program helps you gain
solid foundation in the intricacies of acquiring and maintaining relationships
with major client accounts. The course combines a unique blend of in-class
sessions and hands-on training.
As a
student of this program, you will study a wide variety of subjects, including
marketing, business communications, case analysis and marketing metrics,
marketing analysis and planning, fundamentals of selling, fundamentals of
project management, B2B marketing, strategic account development, sales and account
management, sales force automation and technology and business ethics and
negotiation skills.
The
program concludes with sales and account management industry field placement,
which helps you in applying your learning into practice and understand the
expectations of employers. Moreover, you gain relevant industry contacts that
can be used as references in future. Upon graduation, you can find employment
as account executive, key account manager, sales coordinator, sales specialist,
commercial sales representative, sales consultant, and technical sales
representative or territory sales representatives.
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