So, what does a National Account Manager job involve?
If you’re just starting out or thinking of a career change, you might be considering working in Sales? One of the key roles is National Account Manager jobs. It;s a key role within the sales team of any company – in any industy.
Industries:
All industries, including: Retail, Pharmaceutical, FMCG, Food & Drink, IT & Technology, Automotive, E-commerce, Construction & Engineering, Marketing & Sales, Advertising, Accounting & Finance, Manufacturing, Healthcare, Publishing and more. We’ve going to focus on National Account Manager jobs in the FMCG sector.
Qualifications
Although personality and an aptitude for sales is key, a degree in business, marketing, or related field is typically required. Other qualifications will really depend on the nature of the account, and which industry the role is in, e.g. a background in marketing or media studies may be preferred.
The National Account Manager Job
An Account Manager works for a company and is responsible for the management of sales and relationships with particular customers. An account manager maintains the company’s existing relationships with a client or group of clients, so that they will continue using the company for business.
The Account Manager does not manage the daily running of the account itself. They manage the relationship with the client of the account(s) they are assigned to.
Usually, a client will remain with one account manager throughout the duration of hiring the company. Account managers serve as the interface between the customer service and the sales team in a company.
They are assigned a company’s existing client accounts. The purpose of being assigned particular clients is to create long term relationships with the portfolio of assigned clients.
The account manager serves to understand the customer’s demands, plan how to meet these demands, and generate sales for the company as a result.
Key accounts provide the most business because they contain a small number of clients which contribute a large portion of the company’s sales. According to research, sales from a company’s key accounts have increased from 23% in 1975 to 60% currently.
Similar roles in sales include: National Sales Manager, Account Executive, Global Account Manager, Field Sales Executive, Regional Account Manager, Sales Executive.
Salary Expectations
Average Base Pay: £40,681
National levels for this role range from £30k right up to £57k (Source: Glassdoor.co.uk)
Job description: National Account Manager (NAM)
Dovetail Recruitment are excited to be working with an extremely successful company based in the Bournemouth area in looking for a Senior Account Manager to join their team due to expansion. This company manufactures products for some of the best-known UK retailers.
You will work with the Sales Manager on a warm desk, communicating with clients about new, existing and bespoke products, while building strong client relationships with them. This role offers excellent progression opportunities within the company. Experience of account management, business development and dealing with high street retailers is essential.
Duties and Responsibilities include:
- Communicating with new and existing clients, building and developing relationships
- Identifying commercial opportunities
- Setting budgets
- Understand customer KPIs, targets and review performance
- Organising and managing regular customer meetings
- Preparing for meetings and ensuring samples, costs, designs, presentations and proposals are ready
- Completing market reviews to be done with SWOT highlighted and ‘how’ opportunities will be achieved
- Formulating customer specific sales plans/strategies in line with accountable budgets, costing, packaging and retail prices
- Liaising with the product and technical teams
- Be prepared to coach and train in the functional competencies more junior members of the team
Experience and Knowledge:
- Previous Account Management and Business Development experience within the FMCG sector
- Experience dealing with retailers
- Experience presenting and selling to buyers
- Excellent communication skills
- Ability to multitask
Useful Resources
We’ve gathered some useful resources for our prospective National Account Manager to keep up with what’s going on in the sales and FMCG sector
Marketing Week/FMCG
The Grocer
FMCG Magazine
Retail Focus
Selling Power
Entrepeneur
Forbes.com
View our current Account Management vacancies
Sources:
Glassdoor.com
Wiki
Related Dovetail articles:
Top reads to Boost your FMCG Sales Manager Career
Top Tips for a Successful FMCG Sales Jobs interview
Working in the FMCG Sector