The practice of managing ongoing client relationships to maximize satisfaction, retention, and growth.
The practice of managing ongoing client relationships to maximize satisfaction, retention, and growth.
Account management encompasses all activities involved in maintaining and growing client relationships after initial sale. This includes regular communication, performance reviews, issue resolution, and identifying opportunities for expanded services. Effective account management is the primary driver of client retention.
Agencies often underinvest in account management, focusing instead on new business. However, the cost of losing a client far exceeds the cost of proactive relationship management. Great account managers anticipate needs, communicate proactively, and become trusted advisors rather than just service providers.
Strong account management: Monthly check-ins beyond project updates, proactive sharing of industry insights, quarterly strategy reviews, celebrating client wins, and anticipating challenges before they become problems.
Angelwood gives account managers visibility into client health, engagement patterns, and early warning signs, enabling proactive rather than reactive relationship management.
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A composite metric that predicts client satisfaction and churn risk based on engagement signals.
A structured meeting to review performance, discuss strategy, and strengthen client relationships every quarter.
The percentage of clients an agency keeps over a specific period, typically measured annually.