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Strategies for Successful
Account Management
​Dominic Archibald
​Director of Product Marketing
​LinkedIn Sales Solutions
• Challenges faced by today’s Account
Managers
• Advanced LinkedIn strategies
• Do these strategies work?
Today’s Agenda
A fundamental truth about LinkedIn
The world’s most powerful Sales lead list
Conventional Account Management Strategies Are Limiting Growth
Of Sales leaders agree that
existing account
management channels meet
their cross-selling and
account growth targets
28%
Source: CEB
Relationships are at risk
due to turnover
Reps miss growth
opportunities when
they aren’t hunting
Account Managers
struggle to stand out
and add value
Account Managers Are Facing New Challenges
Of Account Manager reps
turn over each year
Of Decision-Makers
change roles each year
Role changes put 40% of existing annual revenue at risk!
Source: LinkedIn data
Relationship At Risk Due To Turnover
and
Average customer bookings are
Source: LinkedIn data
when reps have fewer than 6 people
at the account
Reps Miss Growth Opportunities When They Aren’t Hunting
Account Managers Struggle To Stand Out and Add Value
Source: Walker Info
By 2020
will overtake product and price as the
key differentiator in purchase
decisions
Relationships are at risk
due to turnover
Reps miss growth
opportunities when
they aren’t hunting
Account Managers
struggle to stand out
and add value
Advanced Reps Are Using LinkedIn To Overcome These Challenges
Target and track key
contacts to protect
revenue
Understand your
accounts and identify
all of the buyers
Engage credibly with
buyers throughout the
client’s lifecycle
Advanced Reps Are Using LinkedIn To Overcome These Challenges
Target and track key
contacts to protect
revenue
Advanced Reps Are Using LinkedIn To Overcome These Challenges
Billions Of Members, Trillions Of Data Points
World’s Largest
Social Network
World’s Largest
Professional Network
World’s Largest
Megaphone
Share
Ideas
Provide
Updates
Follow
Influencers
Get
Advice
Learn
Skills
Top Social Signals for Sellers
The job change The hiring burst New connections
Content shares Social comments
Source: Walker Info
A Job Change Is A Key Signal
“I use Sales Navigator to target
leads and get triggers based on
significant events such as an
acquisition or promotion.”
Rick Vangrin
Sales Director
Solving The Rep Turnover Problem
CRM
Understand your
accounts and identify
all of the buyers
Advanced Reps Are Using LinkedIn To Overcome These Challenges
Account Planning For Growth
• Company revenue
• Company headcount growth
• Department size and growth
• Technologies used
• And more
Kaiser Yang
SVP, Managing Director, Chief Strategist
“Staying focused is important. That’s
where having Sales Navigator is so
critical: to make sure that you’re focusing
on the right priorities, accounts, and
contacts. It’s a great tool to zero you in.”
Target The Full Buying Committee
Buying CommitteesPotential Customers
Always Be Hunting
Engage credibly with
buyers throughout the
client’s lifecycle
Advanced Reps Are Using LinkedIn To Overcome These Challenges
Build Trust Throughout The Lifecycle
Sales Pro Mutual
Acquaintance
Customer
Connection paths
Feedback loops
Connection Paths
Feedback Loops
Deal size liftWin rate liftMore opportunities
sourced
Actual Client Results
Source: Actual client CRM data
Strategies for Successful
Account Management
​Dominic Archibald
​Director of Product Marketing
​LinkedIn Sales Solutions

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Strategies for Successful Account Management

  • 1. Strategies for Successful Account Management ​Dominic Archibald ​Director of Product Marketing ​LinkedIn Sales Solutions
  • 2. • Challenges faced by today’s Account Managers • Advanced LinkedIn strategies • Do these strategies work? Today’s Agenda
  • 3. A fundamental truth about LinkedIn
  • 4. The world’s most powerful Sales lead list
  • 5. Conventional Account Management Strategies Are Limiting Growth Of Sales leaders agree that existing account management channels meet their cross-selling and account growth targets 28% Source: CEB
  • 6. Relationships are at risk due to turnover Reps miss growth opportunities when they aren’t hunting Account Managers struggle to stand out and add value Account Managers Are Facing New Challenges
  • 7. Of Account Manager reps turn over each year Of Decision-Makers change roles each year Role changes put 40% of existing annual revenue at risk! Source: LinkedIn data Relationship At Risk Due To Turnover and
  • 8. Average customer bookings are Source: LinkedIn data when reps have fewer than 6 people at the account Reps Miss Growth Opportunities When They Aren’t Hunting
  • 9. Account Managers Struggle To Stand Out and Add Value Source: Walker Info By 2020 will overtake product and price as the key differentiator in purchase decisions
  • 10. Relationships are at risk due to turnover Reps miss growth opportunities when they aren’t hunting Account Managers struggle to stand out and add value Advanced Reps Are Using LinkedIn To Overcome These Challenges
  • 11. Target and track key contacts to protect revenue Understand your accounts and identify all of the buyers Engage credibly with buyers throughout the client’s lifecycle Advanced Reps Are Using LinkedIn To Overcome These Challenges
  • 12. Target and track key contacts to protect revenue Advanced Reps Are Using LinkedIn To Overcome These Challenges
  • 13. Billions Of Members, Trillions Of Data Points World’s Largest Social Network World’s Largest Professional Network World’s Largest Megaphone Share Ideas Provide Updates Follow Influencers Get Advice Learn Skills
  • 14. Top Social Signals for Sellers The job change The hiring burst New connections Content shares Social comments Source: Walker Info
  • 15. A Job Change Is A Key Signal
  • 16. “I use Sales Navigator to target leads and get triggers based on significant events such as an acquisition or promotion.” Rick Vangrin Sales Director
  • 17. Solving The Rep Turnover Problem CRM
  • 18. Understand your accounts and identify all of the buyers Advanced Reps Are Using LinkedIn To Overcome These Challenges
  • 19. Account Planning For Growth • Company revenue • Company headcount growth • Department size and growth • Technologies used • And more
  • 20. Kaiser Yang SVP, Managing Director, Chief Strategist “Staying focused is important. That’s where having Sales Navigator is so critical: to make sure that you’re focusing on the right priorities, accounts, and contacts. It’s a great tool to zero you in.”
  • 21. Target The Full Buying Committee Buying CommitteesPotential Customers
  • 23. Engage credibly with buyers throughout the client’s lifecycle Advanced Reps Are Using LinkedIn To Overcome These Challenges
  • 24. Build Trust Throughout The Lifecycle Sales Pro Mutual Acquaintance Customer Connection paths Feedback loops
  • 27. Deal size liftWin rate liftMore opportunities sourced Actual Client Results Source: Actual client CRM data
  • 28. Strategies for Successful Account Management ​Dominic Archibald ​Director of Product Marketing ​LinkedIn Sales Solutions