Why the Role of the Account Manager Still Matters in Sales

If buyers now research independently and arrive knowing what they want, it is fair to ask what the account manager is still for. This data set answered that, and the answer is not comfortable reading for anyone treating the role as relationship maintenance.

The account manager still decides the outcome. Just not in the way the job description usually assumes.

The Buyer Revolution research: five findings

What buyers told us

83.3%

feel disappointed when an account manager is unprepared

85.3%

reach out to their incumbent supplier first

77.7%

engage with sellers primarily for their product or application knowledge

55%

see price as the least important reason to reach out to a seller

What this means for sellers

Incumbency is an advantage you can lose in one meeting. Getting the first call is worth little if the buyer leaves it thinking you had not read the file.
Knowledge is the job. Three quarters of buyers engage sellers for product and application expertise. Not for rapport, and not for a price. The account manager who cannot answer technically has removed their own reason to be in the room.
Price is the weakest opener you have. More than half rank it last as a reason to make contact. Leading on it argues for a conversation the buyer did not want to have.

Go deeper

Part of The Buyer Revolution, our research programme with over 1,000 lubricant buyers across five global data sets and more than 25,000 individual data points.

Common questions

Our account managers know the customers well. Is preparation really the gap?
Knowing the customer and preparing for the meeting are different things. Buyers are telling us they can see the difference, and 83.3% of them are disappointed by it.
What does prepared actually mean to a buyer?
Having read what changed since last time, knowing what is running in their plant, and arriving with a view rather than a question list.
If price is not the reason they call, why do we talk about it so much?
Because it is the easiest thing to talk about. Buyers rank it last as a reason to make contact, which makes leading with it a way of answering a question nobody asked.
Buyer Revolution

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