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The 7 Most Common Ways of Classifying Key Accounts

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The 7 Most Common Ways of Classifying Key Accounts

  1. 1. How Do You Define What A Key Account Is?
  2. 2. Here are the 7 most common ways of classifying KEY ACCOUNTS
  3. 3. #1 The BIG Ones
  4. 4. What about tomorrow’s oak trees? Do you always let the sales statistics make the decisions for you? The Big Ones But…
  5. 5. #2 The Ones You Mustn’t Lose
  6. 6. You’ll do anything to keep them happy, even if it kills you What if it’s unprofitable to please this particular whim of theirs? The Ones You Mustn’t Lose But…
  7. 7. #3 The Ones That Offer Future Profit
  8. 8. Where does today’s profit come from? What happens if they’ve been over-valued before they pay off? The Ones That Offer Future Profit But…
  9. 9. # 4 The Ones Your Staff Focus On
  10. 10. So what happens with the rest, do they just ignore them? Why are your staff focussing on them anyway? But… The Ones Your Staff Focus On
  11. 11. #5 The One Where Extra Effort Brings Extra Return
  12. 12. What does return mean? How many accounts can you do this for – and at what cost to your business and your other customers? But… The Ones Where Extra Effort Brings Extra Return
  13. 13. #6 The Ones Demanding More
  14. 14. Every industry has its loud mouths – does that make them more important? Just how profitable do their demands make them? But… The Ones Demanding More
  15. 15. #7 The Ones That Will Take Your Business Where It Wants To Go
  16. 16. Could these be the best? Are you certain? The future is never clear. Organisational plans change, yours included But… The Ones That Will Take Your Business Where It Wants To Go
  17. 17. ** REMEMBER ** The 80/20 Rule Applies To Key Account Management
  18. 18. 20% Of Our Customers Will Make 80% Of Our Profits
  19. 19. How Are You Going To Define Your 20%?

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