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Strategic Account Management Association

Strategic Account Management Association

Dedicated to helping strategic account managers and key account managers manage improve relationships with their most important customers

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Tag: Account-based marketing

Account-based marketing, Customer Engagement, Uncategorized, Value co-creation

Account-Based Marketing: Customer-Led, Team-Enabled

The first step in next-gen, customer-centric sales

By Dominique Côté, CEO & Founder, Cosawi and Principal, The Summit Group, and Kate Burda, CEO & Founder, Kate Burda & Co.
Shedding light on the next generation of account-based marketing

We can all agree that customer centricity and customer focus are the cornerstone of effective strategic account management and key to being different and staying relevant. We understand that it is not how we sell, but rather, how customers buy. We know the value of understanding the customers, their organizations, their vision, and what they are trying to achieve to enable a co-created future.  

Yet, if you were to look at account-based marketing (ABM) methodology that is widely used and accepted, you may see just the opposite. What you may find is an approach based upon products, campaigns, or offerings — an inside-out way of working, which conflicts with the outside-in mindset that is at the core of how we ask SAMs to engage and enable partnerships of a higher order.

Continue reading “Account-Based Marketing: Customer-Led, Team-Enabled” →
August 26, 2024August 26, 2024Account-based marketingLeave a comment
Account-based marketing, Strategic account management process

ACCOUNT-BASED MARKETING FOR STRATEGIC ACCOUNTS

By Dominique Côté, Owner and Founder, Cosawi and Principal, The Summit Group and Kate Burda Owner and Founder, Kate & Co. and Principal, The Summit Group 

With customer integration increasing, it creates additional complexity to build trustworthy relationships and partnerships. SAMs’ own organizations are evolving and often centralizing, adding more to the SAM’s plate not only in terms of skill set but also number of accounts, expectations for growth and required competencies.

SAMs are being stretched thin, from both a customer and internal perspective. Today’s SAM really does feel like she/he needs superpowers to do the job. 

Complexity breeds ingenuity

We are living in a world of skyrocketing complexity and information overload, and one of the key pressure points that we see is the increased complexity and diversity of types of customer problems suppliers are asked to solve.

Facing more complex and broader issues, SAMs have no choice but to engage differently to differentiate themselves.

Living as we do in a world overloaded with data, we increasingly look to technology to help us deliver valuable, relevant customer hindsight, insight and foresight. But to do so requires better data management, including a mastery of how disparate data sources connect and communicate in order to translate this information into relevant customer insight and foresight.

As the closest person to the customer and the owner of the customer-supplier relationship, is the SAM or KAM alone with all of the demands wrought by the new economy? Hardly. Every superhero needs a partner, and the very best SAMs know when and how to bring the best people to the table to ideate, innovate and create impact for their customers. 

Continue reading “ACCOUNT-BASED MARKETING FOR STRATEGIC ACCOUNTS” →
February 24, 2020June 4, 2020ABM, Account-based marketing, Buyer journey, Co-creation, Internal alignmentLeave a comment

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