Existing customers are more likely to buy from a company again than a potential new customer.
This is the reason why account managers have an essential role.
In this role you will become the link between existing customers and the company – ensuring the customer is satisfied with the product and will continue to buy (even more) in the future.
What does an Account manager do?
Follow clients’ purchase patterns to spot opportunities for increased sales
Talk to clients to get feedback and identify needs and wants
Contact clients to inform about relevant products/opportunities
Negotiate deals with clients
Communicate the client’s needs back into the company
Be contact person for any sort of inquiry from the client – from technical assistance to general relationship management
Example of work as an Account manager
A marketing agency has worked repeatedly with a specific customer.
The customer writes to their account manager that the latest campaign the agency worked on did not perform as expected.
Immediately the account manager reaches out to the data department and asks them to analyze the issue.
The account manager also calls up the client and invites them to a meeting. At the meeting the account manager shows an analysis of why the campaign is underperforming.
She informs them about a new advertising channel that other customers have been happy with.
By the end of the meeting the customer agrees to receive a proposal for trying the new channel for their next campaign.
Jobs similar to Account manager
Job in a glance
Relevant skills
Communication skills
Network/relationship building
Negotiation/sales techniques
Product knowledge for the company of employment
Customer orientation
Search terms
Key account manager
Client manager
Client associate
Customer relationship manager
CRM manager
Where will I work
In sales departments in companies of various sizes in industries where renewals, up-selling or cross-selling are essential.