CONTENT TYPE: Article | TOPIC: None
From the time you book an airline flight until that plane lands, your pecking order in the airline's customer hierarchy determines your travel experience. To the airlines, all customers are not equal—they are segmented and managed according to profitability, loyalty, and frequency of travel.
Like the airlines, professional service and solution providers have embraced the concept of account relationship management, yet many struggle with execution. Account management is based on the premise that a subset of your clients will purchase most of your offerings, and so you should manage and market to them differently—and directly. All clients are important to your business, but some are more so than others.