Description

National account managers are responsible for managing relationships with ongoing clients, especially those who are considered of high importance and make a large amount of purchases. National account managers should also research new clients in order to establish new accounts.It is important for these account managers to foster trust with clients to ensure ongoing purchasing from the company, and they also develop and deploy detailed plans to increase sales and profits. There are both short-term and long-term goals in this position, and national account managers usually oversee a team and its work, so scheduling, hiring, and human resources duties are usually necessary. National account managers may also oversee the efforts of a sales team, so it's important to be able to drive their vision and establish attainable goals.Those in this position may also lead promotions and marketing efforts to familiarize the public with the company's products and improve its reputation, and the market and competitors' products must be monitored to understand current trends and how to best improve the company's standing. When interacting with clients, they must be able to present the company as favorable over others, and they may also have budgets to be met in their daily duties. A bachelor's degree or higher in business administration is generally required for this position.

Roles & Responsibilities

As a National Account Manager with 6-9 years of experience in Australia, your main responsibilities include:

  • Build and maintain strong relationships with key national accounts, ensuring customer satisfaction and driving sales growth. Develop and nurture relationships with national accounts to ensure their needs are met and to drive revenue.
  • Collaborate with internal teams to develop and execute strategic account plans, identifying opportunities for growth and resolving customer issues. Work closely with cross-functional teams to create and implement strategic plans that drive account growth and address customer concerns.
  • Analyze market trends and competitor activities to identify potential business opportunities and develop effective sales strategies. Stay informed about market trends and competitor activities to identify new business opportunities and develop strategies to win sales.
  • Monitor and report on key performance metrics, including sales revenue, market share, and customer satisfaction, to senior management.

Qualifications & Work Experience

For a National Account Manager, the following qualifications are required:

  • Must have a successful history of managing national accounts and achieving sales targets, demonstrating expertise in relationship building and negotiation.
  • Should possess the ability to develop and implement strategic plans to maximize account growth, market share, and profitability, while keeping abreast of industry trends and competitor activities.
  • Excellent written and verbal communication skills are essential to effectively communicate with key stakeholders, understand customer needs, and present compelling business proposals.
  • Should have exceptional leadership and team management skills to oversee a team of account executives, providing guidance, mentoring, and fostering a collaborative work environment.

Essential Skills For National Account Manager

1

Strategic Negotiations

2

Sales & Management

3

Customer Relationship Management

Skills That Affect National Account Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Strategic Negotiations

1%

Sales & Management

1%

Customer Relationship Management

4%

Career Prospects

The role of a National Account Manager is crucial in driving business growth and maintaining strong client relationships. With 6-9 years of experience in Australia, professionals in this field may explore various alternative roles. Here are four options to consider:

  • Sales Director: A leadership position overseeing a team of sales professionals, developing sales strategies, and driving revenue growth.
  • Key Account Manager: Focused on managing and nurturing key client accounts, ensuring customer satisfaction, and maximizing sales opportunities.
  • Business Development Manager: Responsible for identifying and pursuing new business opportunities, building partnerships, and expanding the organization's market presence.
  • Category Manager: A role that involves strategic planning and execution of product or service categories, analyzing market trends, and optimizing product offerings.

How to Learn

According to the latest data available with Google, the National Account Manager role in Australia is projected to experience significant growth in the market. Over the past 10 years, this job role has witnessed a steady increase in demand, indicating its importance in the corporate landscape. With the expanding economy and increasing globalization, it is expected that the need for National Account Managers will continue to rise. This growth trend is likely to create numerous employment opportunities for professionals in the field, making it a promising career choice in the future.