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Process of Key Account
Management
Yassin Mostafa




                         |   1
AGENDA
i.   Definition of Key Account Management. ( KAM )

ii. Criteria of   Key Account Manager.

iii.Criteria of determine the Key Account .

iv. How to evaluate your success in a KA.

v. Reasons of the failure of KA manager .

vi.The main pillars of success of the KAM.

vii.Structure of key account planning .

                                                     |   2
Definition of Key Account Management




● Key Account Management    : is the optimizing long term

  relation or partnership in certain account by managing

  internal and external stakeholders.




                                                        |   3
Criteria of Key Account Manager.
1)   Analytical skills.

2)   Communication skills.

3)   Negotiation skills .

4)   Problems solver .

5)   Highly organized.

6)   Ability to build rapport.

7)   Effort , mobility and flexibility .

                                           |   4
Criteria of determining the Key Account
Attractiveness               Potentiality
Image                        Expected Potential



Availability of our brands   Turn over now Vs turn over
                             in the previous
Number of branches and
Purchasing process

EX . American Hospital       Ex . Med shop ( Aster )
     Life                         CHS
      Bin Sina.                   Med seven.
      City Hospital
                                                          |   5
How to evaluate your success in a KA

1) Availability of our brands.
2) Increase profitability.
3) Good accessibility.
4) Long term contract.
5) Fox Determining.
6) Maintain or obtain your business .
7) Convert your customer ( Doctor , Ph, or
   purchaser )
From a customer to PARTNER .
.


                                             |   6
Reasons of the failure of KA manager

1)   Improper data base .
2)   Wrong account selection.
3)   Lack of communication with finance and SC.
4)   Financial situation of the account is unknown.
5)   Wrong mapping and absence of the awareness of
     purchasing procedure.
6)   Poor relation and accessibility
7)   Lack of negotiation skills and improper planning
8)   Financial constraints



                                                        |   7
The main pillars of success of the KAM.
Information           Planning             Team work
Information is a     Setting short and   Done by high level
power                 long term action     of communication
Information          plan .               with internal and
enables you to set    Consistent          external
accurate plan for a   strategy.            stakeholders .
successful action     Detailed action
Information has to   plan .
be ;
I.Accurate
II.Structured
III.Informative
IV.Updated




                                                                |   8
Structure of key account planning .




Situational analysis
Objective setting

Setting effective strategy
                                      |   9
Situational analysis
● Information is the only tool helps me for a
    successful situational analysis
●   What’s information KA want to know :
   Account budget.
   Financial stability .
   Purchasing strategy and procedure .
   Fox determining and awareness for the organogram of the account .
   Our turnover last year .
   Listing process for a new brand .
   Previous plan and actions in this account .
   Sanofi image in this account .
   Competitors portfolio and actions .
   Account supply channels .


                                                                    |   10
Situational analysis (cont.)

● This information will enables you to make

S.W.O.T analysis
Accurate S.W.O.T analysis will drive us for
 the second step for a key account planning.


                                               |   11
Objective setting


● The main objective for any KAM will be one
 of the following or all according to the
 situation :
Improve our position ( customer to partner )
Maintain or obtain high turnover .
Increase loyalty.
Increase accessibility.

                                               |   12
Setting strategy
● It’s a time of setting strategy after
  situational analysis and objective setting .
● There are 4 types of strategy for increase
  the turnover.
Referral strategy
Extension selling
Continuation selling
Progression selling

                                             |   13
Setting strategy ( cont.)



1) Referral strategy
Using this strategy in case of existing brand in
   existing account but with new prescribers

Ex . Positioning of lanzor with Endocrinologist




                                                   |   14
Setting strategy ( cont.)


 2)Extension selling .
Penetration of sanofi brands in
  accounts with no idea about sanofi
  brands .
Ex . Account having a contract with
  another brand


                                       |   15
Setting strategy ( cont.)


3)continuation selling
Increase the quantity of our existing brand in
  existing account with existing customers

Ex . 1000 boxes VS last year




                                                 |   16
Setting strategy ( cont.)



4)progression selling

its mainly for penetration new brand in
 existing account .




                                          |   17
|   18

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Process of key account managment

  • 1. Process of Key Account Management Yassin Mostafa | 1
  • 2. AGENDA i. Definition of Key Account Management. ( KAM ) ii. Criteria of Key Account Manager. iii.Criteria of determine the Key Account . iv. How to evaluate your success in a KA. v. Reasons of the failure of KA manager . vi.The main pillars of success of the KAM. vii.Structure of key account planning . | 2
  • 3. Definition of Key Account Management ● Key Account Management : is the optimizing long term relation or partnership in certain account by managing internal and external stakeholders. | 3
  • 4. Criteria of Key Account Manager. 1) Analytical skills. 2) Communication skills. 3) Negotiation skills . 4) Problems solver . 5) Highly organized. 6) Ability to build rapport. 7) Effort , mobility and flexibility . | 4
  • 5. Criteria of determining the Key Account Attractiveness Potentiality Image Expected Potential Availability of our brands Turn over now Vs turn over in the previous Number of branches and Purchasing process EX . American Hospital Ex . Med shop ( Aster ) Life CHS Bin Sina. Med seven. City Hospital | 5
  • 6. How to evaluate your success in a KA 1) Availability of our brands. 2) Increase profitability. 3) Good accessibility. 4) Long term contract. 5) Fox Determining. 6) Maintain or obtain your business . 7) Convert your customer ( Doctor , Ph, or purchaser ) From a customer to PARTNER . . | 6
  • 7. Reasons of the failure of KA manager 1) Improper data base . 2) Wrong account selection. 3) Lack of communication with finance and SC. 4) Financial situation of the account is unknown. 5) Wrong mapping and absence of the awareness of purchasing procedure. 6) Poor relation and accessibility 7) Lack of negotiation skills and improper planning 8) Financial constraints | 7
  • 8. The main pillars of success of the KAM. Information Planning Team work Information is a Setting short and Done by high level power long term action of communication Information plan . with internal and enables you to set Consistent external accurate plan for a strategy. stakeholders . successful action Detailed action Information has to plan . be ; I.Accurate II.Structured III.Informative IV.Updated | 8
  • 9. Structure of key account planning . Situational analysis Objective setting Setting effective strategy | 9
  • 10. Situational analysis ● Information is the only tool helps me for a successful situational analysis ● What’s information KA want to know :  Account budget.  Financial stability .  Purchasing strategy and procedure .  Fox determining and awareness for the organogram of the account .  Our turnover last year .  Listing process for a new brand .  Previous plan and actions in this account .  Sanofi image in this account .  Competitors portfolio and actions .  Account supply channels . | 10
  • 11. Situational analysis (cont.) ● This information will enables you to make S.W.O.T analysis Accurate S.W.O.T analysis will drive us for the second step for a key account planning. | 11
  • 12. Objective setting ● The main objective for any KAM will be one of the following or all according to the situation : Improve our position ( customer to partner ) Maintain or obtain high turnover . Increase loyalty. Increase accessibility. | 12
  • 13. Setting strategy ● It’s a time of setting strategy after situational analysis and objective setting . ● There are 4 types of strategy for increase the turnover. Referral strategy Extension selling Continuation selling Progression selling | 13
  • 14. Setting strategy ( cont.) 1) Referral strategy Using this strategy in case of existing brand in existing account but with new prescribers Ex . Positioning of lanzor with Endocrinologist | 14
  • 15. Setting strategy ( cont.) 2)Extension selling . Penetration of sanofi brands in accounts with no idea about sanofi brands . Ex . Account having a contract with another brand | 15
  • 16. Setting strategy ( cont.) 3)continuation selling Increase the quantity of our existing brand in existing account with existing customers Ex . 1000 boxes VS last year | 16
  • 17. Setting strategy ( cont.) 4)progression selling its mainly for penetration new brand in existing account . | 17
  • 18. | 18