About Key Account Marketing
Key account marketing is the marketing strategy or approach that targets the accounts and involves making sales outreach efforts. This is commonly used by organizations and businesses targeting the B2B sales and stakeholders for marketing. This approach helps in raising awareness of purchasing consideration aiming business goals. It improves the relevance and reliability between suppliers and buyers and generates faster sales.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Key Account Marketing market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Key Account Marketing Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Terminus (United States), Sendoso (United States), Engagio (Demandbase) (United States), Printfection (United States), Marketo, Inc. (United States), Bizible (United States), Act-On (United States) and InsideView (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Key Account Marketing market by , Application (Large Enterprise and Small-medium Size Enterprise) and Region.
On the basis of geography, the market of Key Account Marketing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Software, the sub-segment i.e. Account-Based Execution Software will boost the Key Account Marketing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Key Account Managers will boost the Key Account Marketing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Marketing, the sub-segment i.e. Online will boost the Key Account Marketing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Customized and Interactive Offers in Key Account Marketing
Market Growth Drivers:
Need for Brand and Product Reach for Sales Target and Demand or the Strategy Helping Buyers in Purchase Consideration
Challenges:
Regulatory Compliances with the Key Account Marketing
Restraints:
Lack of Professionals for Key Account Marketing in Small Size Enterprises
Opportunities:
Growing Demand for Key Account Marketing in the Consumer Goods Products and Technological Advancements in Key Account Marketing
Key Target Audience
Key Account Marketing Platform Providers, Key Account Marketing Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.