Sales Account Manager
The work of a Sales Account Manager requires an understanding of sales principles and business management along with a knack for relationship-building and problem-solving. Account managers maintain relationships with key clients and have a knack for building new customer relationships. Those hoping to enter into this career should understand how to identify and manage risks—both financial and legal—and from both the company's perspective and the client's.
Responsibilities
The responsibilities of a Sales Account Manager typically include:
- Develop and maintain relationships with key clients.
- Identify and manage risks associated with client accounts.
- Negotiate contracts and pricing with clients.
- Provide excellent customer service.
- Track sales performance and identify opportunities for growth.
Qualifications
To become a Sales Account Manager, you typically need the following qualifications:
- A bachelor's degree in business, marketing, or a related field is usually required.
- Several years of experience in sales or account management.
- Excellent communication and interpersonal skills.
- A strong understanding of sales principles and business management.
- The ability to build and maintain relationships with key clients.
Career Growth
Sales Account Managers can advance their careers by moving into management positions, such as Sales Manager or Vice President of Sales. They may also move into other roles within the company, such as Marketing or Business Development.
Skills Transfer
The skills developed in a Sales Account Manager role are transferable to other careers in sales, marketing, and business development. These skills include:
- Communication skills.
- Interpersonal skills.
- Sales principles.
- Business management.
- Relationship-building.
Day-to-Day
The day-to-day work of a Sales Account Manager typically includes:
- Meeting with clients to build relationships and discuss their needs.
- Identifying and managing risks associated with client accounts.
- Negotiating contracts and pricing with clients.
- Providing excellent customer service.
- Tracking sales performance and identifying opportunities for growth.
Challenges
Some of the challenges that Sales Account Managers face include:
- The need to build and maintain strong relationships with clients.
- The pressure to meet sales targets.
- The need to stay up-to-date on industry trends.
Projects
Sales Account Managers may work on a variety of projects, including:
- Developing and implementing sales plans.
- Managing client relationships.
- Negotiating contracts.
- Providing customer service.
- Tracking sales performance.
Personal Growth
Sales Account Managers have the opportunity for personal growth in the following areas:
- Communication skills.
- Interpersonal skills.
- Sales principles.
- Business management.
- Leadership skills.
Personality Traits
Sales Account Managers who are successful often have the following personality traits:
- Outgoing.
- Friendly.
- Persuasive.
- Organized.
- Detail-oriented.
Self-Guided Projects
Students who are interested in becoming a Sales Account Manager can complete the following self-guided projects to better prepare themselves for this role:
- Take an online course in sales or account management.
- Volunteer to help out with a sales or marketing campaign.
- Shadow a Sales Account Manager for a day.
Online Courses
Online courses can be a great way to learn about the sales process and the skills needed to be successful in this field. These courses can provide you with the knowledge and skills you need to get started in this career or to advance your current career.
Online courses can teach you about the following topics:
- Sales principles.
- Business management.
- Relationship-building.
- Risk management.
- Customer service.
Online courses can also provide you with the opportunity to practice the skills you need to be successful in this career, such as communication, negotiation, and presentation skills.
Conclusion
Whether you are considering a career switch or just starting out, the work of a Sales Account Manager can be a great option. This career offers a wide range of opportunities for personal and professional growth in a dynamic and challenging environment.