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ratings:
Length:
16 minutes
Released:
Apr 1, 2021
Format:
Podcast episode

Description

IN THIS EPISODE...How has the last 12 months been for you and your business?
At the time of recording this episode, it’s been a year… to the day that I delivered my last ‘in person’ seminar for a group of Chief Executives in Leeds.
By then, we had already stopped shaking hands with people and we were pouring copious amounts of antibacterial gel over our hands at every opportunity.
We were beginning to come to terms with the idea that we would likely need to ‘hibernate’ in a home working environment for a few weeks while it all ‘blew over’. Little did we know that as we watched on as other parts of the world plunged into draconian lockdowns, we were only at the beginning of what would turn out to be a very strange time to be alive and a hard time to be in business.
Wherever you are in the world and whatever the last 12 months has been like for you, I’ve no doubt it will have been a rollercoaster of emotions and adaptation as we settled in to a ‘new normal’ whilst constantly asking ourselves what the ‘next normal’ was likely to be like.
Compassion and empathy have been the currency in many of our client relationships and we have all become well versed in the ways of asking ‘how are you?’… ‘no, how are you really?’
In this episode, I wanted to look at what we’ve seen in our KAM practices in the last 12 months. What have you noticed in your client relationships? How have you adapted your communications styles and contact frequencies to adapt to the situation?
I wanted to share with you some of my reflections. Some things I’ve seen, some things I have learned and some thoughts on where the ‘next normal may take us’.
 
HIGHLIGHTS FROM THIS EPISODE:Moving to a virtual world, where even those who hadn’t used video conferencing before, now became Zoom and MS Teams’ experts, took real adjustment for some people.
Let’s face it, for most Key Account Managers, one of the things that keeps us going in our work, is the person-to-person interaction that we get when partnering with important customers. The best ongoing, trusted relationships that we build tend to be accelerated when we have the opportunity to sit down over a coffee, a lunch or even play a round of golf at an away day.
So, the move to working online screamed disaster as we fumbled our way through finding a balance between relationship building and the business agenda.
TWO THINGS I NOTICED:

At first, the business agenda, for many, went out of the window and the early iteration of the ‘Zoom call’ was primarily a ‘check-in’ and an opportunity to share experiences and see how each other’s businesses were shaping up. (If anything, this was a good opportunity to really connect with clients, from a vulnerable position and fast track the connection you have and the rapport between you.)
Then it flipped the other way… small talk about the ‘crisis’ was dropped and the business agenda took centre stage. (The pace at which we needed to work accelerated and our diaries were packed with back-to-back video calls and we simply didn’t have time to dwell on the niceties.)


Now is the time to combine the two – ensuring that partnerships in a virtual environment really do cater for the person-to-person connections as well as the business agenda.
Listen to the full episode to hear my specific reflections about your video call behaviour (timestamp around 4mins 45secs)


REGAIN THE WIN:WIN BALANCEFor many, who found themselves worrying about what the future would hold, uncertain about the stability of the business, their industry or their job, they allowed desperation to take hold and started a frantic race to the bottom.
Compassion meant compromising the win:win balance and many organisations started to devalue their time, service and products by giving them away for free, perhaps in a veiled attempt to win the long-term loyalty of the customer.
The thing about something that is free, is that it often lacks a perceived value.. creating the danger that customers will
Released:
Apr 1, 2021
Format:
Podcast episode

Titles in the series (28)

A show hosted by me, David Ventura, a specialist in training, educating and consulting on practical strategies for harnessing the power of Key Account Management (KAM) in SME’s today. I am also the principal KAM consultant and Managing Director of www.kamguru.com. In a world of diminishing customer loyalty, what can business leaders do to retain their top customers, while still adding value. In this podcast I explore some hands-on tips and tactics you can implement today – to remarkably shift your sales culture in your business. The episodes are designed to challenge your thinking and preconceptions of “sales”. They will teach you techniques for: - protecting your most important customers from competitors; - building & maintaining profitable partnerships with your key contacts; & - developing the strategies, systems & skills to deliver customer growth (i.e. identify, retain and grow your top ten customers). I am joined by business leaders who have learnt to radically shift their culture and attitude towards sales, and empower their business with the ability to grow rapidly from within. I also invite experts in the fields of leadership, coaching and customer experience to share their insights into the psychology of sales, organisational culture and leading business growth. In the modern, digitally-heightened business world we operate in today, can you afford to be flippant about your top customers, and why they choose to work with you? No, you cannot. I invite you to subscribe to KAMCast and listen openly as I challenge you to reimagine your customer success protocols and relationship strategies.