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Frequently asked questions

  • The salary of account managers varies based on experience, industry and location. However, according to Glassdoor, the average base pay is around £32,000 per year, with the potential to earn commission or bonuses.

  • Account managers are responsible for building and maintaining relationships with clients, understanding their needs and goals, and ensuring their satisfaction. They often act as a liaison between clients and internal teams, and may also be involved in sales, upselling, and contract negotiations.

  • There is no specific qualification required to be an account manager in the UK. However, many employers prefer candidates with a bachelor's degree in business, marketing, or a related field. Relevant work experience, strong communication and interpersonal skills, and proficiency in relevant software and tools are also important.

  • Account managers require strong communication and interpersonal skills. They should also have excellent organisational and time management skills to manage multiple accounts and projects. Other important skills include strategic thinking, problem-solving, sales skills, and proficiency in relevant software and tools. Adaptability and the ability to work under pressure are also valuable traits.

  • You can search online using keywords such as "account management courses," "sales and account management training," or "key account management courses." You can also check with professional organisations that offer courses and certifications in account management. Additionally, many universities and colleges offer courses in business, marketing, and sales that include account management modules.

Account Management Essentials

Account management is a sales function responsible for maintaining client servicing duties and recording sales activities. It is essentially selling deals and contracts of various services and products of the company to the corporate clients in large scale and convincing them about the benefits of the same. It is a holistic approach to sales management which includes financial management of the day-to-day sales, operations management and delivery execution. It is one of the vital departments in advertising agencies, pharmaceuticals, corporate banks and engineering firms.

Training Courses in Account Management

Account management courses are popular due mainly to the diverse career paths candidates can choose from on course completion. Skills taught in account management courses are also applicable across a wide range of sectors including business, healthcare and finance. Some key concepts covered in account management courses are:

  •         Winning strategies in sales concepts
  •         Client centred selling approaches
  •         Organisational behaviour
  •         Sales management
  •         Consumer Behaviour
  •         Strategic marketing
  •         SWOT Analysis

Training Courses Format

Account management courses are offered as public workshops, in-house training for company staff, as well as online to meet the flexibility needs of busy working professionals. Online account management courses are delivered through webinars, virtual classrooms and web lectures, giving professionals the flexibility to attend classes and exams at their own convenience. The courses are typically more cost convenient than traditional classroom courses.

Must-have Account Management Skills

Account management is a people oriented job and requires strong interpersonal skills along with sound managerial and leadership skills. Some important skills transferred through account management training are:

  •         Strong analytical skills
  •         Managerial skills
  •         Leadership skills
  •         People skills
  •         Business communication skills
  •         Strong negotiation and persuasion skills

Career Prospects for Account Managers

Account managers can occupy different positions such as sales managers, VP of sales, Sales-in-charge, client service managers, creative directors and Head of Sales. Sales are a vital function of any organisation since it’s the sole income generator for the company’s profits. Sales when coupled with marketing provides diverse and exciting career opportunities for professionals with account management experience. Usually account management courses are aimed at professionals with considerable experience in sales and business development functions. Business development managers function closely as key account managers ensuring proper communication with clients and customers.

Sales is a dynamic profession and requires professionals with charming personalities and adequate exposure to continuously innovate their sales tactics. Account management courses are especially suitable for professionals willing to take a step further in their careers with acclaimed certifications and top-notch skills in financial management.