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Invest in your Sales and Account Management teams

Your sales and account management teams are the lifeblood of your business. They are responsible for generating and closing new deals, as well as maintaining and growing relationships with existing customers. As such, it is essential to invest in their growth and development.

Develop core competencies

There are a number of core competencies that are essential for success in sales and account management. These include:

  • Communication: Salespeople and account managers need to be able to communicate effectively with a variety of stakeholders, including customers, colleagues, and managers.
  • Problem-solving: They need to be able to identify and solve customer problems in a timely and effective manner.
  • Relationship-building: They need to be able to build and maintain strong relationships with customers.
  • Technical skills: They need to have a good understanding of the products or services they are selling.
  • Industry knowledge: They need to have a good understanding of the industry in which they operate.

You can help your sales and account management teams develop these core competencies by providing them with access to training and development resources. This could include online courses, in-person workshops, or mentorship programs.

Provide access to project collaboration opportunities

Project collaboration opportunities are a great way for sales and account management teams to learn from each other and develop their skills. You can provide these opportunities by creating cross-functional teams, mentorship programs, and shadowing opportunities.

Cross-functional teams allow sales and account management teams to work together on projects that span different departments. This can help them to better understand the customer journey and how they can work together to provide a better customer experience.

Mentorship programs pair experienced sales and account management professionals with less experienced ones. This can help the less experienced professionals to learn from the experience of their mentors and develop their skills more quickly.

Shadowing opportunities allow sales and account management professionals to observe more experienced professionals at work. This can help them to learn new techniques and strategies.

Educate on using data

Data is becoming increasingly important in sales and account management. Salespeople and account managers need to be able to use data to understand their customers, identify opportunities, and track their progress.

You can educate your sales and account management teams on using data by providing them with access to training and development resources. This could include online courses, in-person workshops, or data visualization bootcamps.

You can also encourage your sales and account management teams to use data in their day-to-day work. For example, you could ask them to create customer profiles using data, or to use data to identify new sales opportunities.