How to improve your Key Account Strategy? 5 more questions to ask your KAM

From my 25+ years of working with Key Accounts in fast-paced B2B industries, Iโ€™ve learned a fundamental truth: receiving RFPs from your clients and winning deals are merely surface-level indicators.

They donโ€™t tell you if your business is genuinely secure.

In todayโ€™s complex B2B environment, competition is relentless, decision-making is more demanding, and even your most “loyal” clients expect continuous value.

๐—ง๐—ต๐—ฒ ๐—ฏ๐—ถ๐—ด๐—ด๐—ฒ๐˜€๐˜ ๐—บ๐—ถ๐˜€๐˜๐—ฎ๐—ธ๐—ฒ? ๐—”๐˜€๐˜€๐˜‚๐—บ๐—ถ๐—ป๐—ด ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ถ๐˜€ ๐—ด๐˜‚๐—ฎ๐—ฟ๐—ฎ๐—ป๐˜๐—ฒ๐—ฒ๐—ฑ.

Many KAMs operate in reactive mode, responding to RFPs, managing transactions, and believing that a signed contract equals a strong relationship.

But thatโ€™s far from the truth.

So how do you know if your Key Account strategy is truly working?

๐—ฆ๐˜๐—ฎ๐—ฟ๐˜ ๐—ฏ๐˜† ๐—ฎ๐˜€๐—ธ๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ž๐—”๐—  ๐˜๐—ต๐—ฒ๐˜€๐—ฒ ๐—ณ๐—ถ๐˜ƒ๐—ฒ ๐—ฐ๐—ฟ๐—ถ๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—พ๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€:

6๏ธโƒฃ ๐—ช๐—ต๐—ฎ๐˜ ๐—ด๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜„๐—ฒ ๐—ฒ๐˜€๐˜๐—ฎ๐—ฏ๐—น๐—ถ๐˜€๐—ต๐—ฒ๐—ฑ?

Is it actually being followed, or are senior executives of both parties only getting involved when the account is at risk?

7๏ธโƒฃย ๐—›๐—ฎ๐˜ƒ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ฟ๐—ฒ๐—ฎ๐—ฑ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฎ๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜?

Can you confidently hold an executive-level conversation about their industry, strategy, challenges, and where we add value?

8๏ธโƒฃ ๐—›๐—ผ๐˜„ ๐—ฎ๐—ฟ๐—ฒ ๐˜„๐—ฒ ๐˜€๐—ฒ๐—น๐—น๐—ถ๐—ป๐—ด ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—บ๐—ฝ๐—ฎ๐—ฐ๐˜?

When was the last time we facilitated a strategic workshop with them? Are we focusing on feature-based pitches or are we actively demonstrating value aligned with their goals?

9๏ธโƒฃ ๐—”๐—ฟ๐—ฒ ๐˜„๐—ฒ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟโ€™๐˜€ ๐˜€๐—ฒ๐—ฎ๐˜โ€”๐—ผ๐—ฟ ๐—ท๐˜‚๐˜€๐˜ ๐—ฟ๐—ฒ๐—ฎ๐—ฐ๐˜๐—ถ๐—ป๐—ด?

Are we shaping the relationship and influencing decisions, or merely responding to procurement-driven RFPs?

And last

๐Ÿ”Ÿ ๐—”๐—ฟ๐—ฒ ๐˜„๐—ฒ ๐˜€๐—ฒ๐—ฒ๐—ป ๐—ฎ๐˜€ ๐—ฎ ๐—ฝ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ ๐—ผ๐—ฟ ๐—ท๐˜‚๐˜€๐˜ ๐—ฎ ๐˜€๐˜‚๐—ฝ๐—ฝ๐—น๐—ถ๐—ฒ๐—ฟ?

Are we engaging with key stakeholders at a peer-to-peer level, or are we stuck in a transactional role?

When it comes to strategic investments, large companies want to establish relationships. Always ask yourself how the Key account see your company.

๐—ž๐—ฒ๐˜† ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐˜€ ๐—ป๐—ผ๐˜ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ถ๐—ป๐—ด ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ฎ๐—ฐ๐˜๐˜€โ€”๐—ถ๐˜โ€™๐˜€ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—น๐—ฒ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด ๐—ฟ๐—ฒ๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€๐—ต๐—ถ๐—ฝ๐˜€.

Letโ€™s talk about how to elevate your Key Account strategy and turn transactional relationships into strategic partnerships.

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