B2BCamp Session (Part 1): Account Based Selling Meets Accont Based Marketing
Transcript of B2BCamp Session (Part 1): Account Based Selling Meets Accont Based Marketing
The New NormalAccount-Based Selling Meets Account-Based Marketing
Peter IsaacsonCMO, Demandbase
The sales and marketing divide
MARKETING SALES
Leads
Personas
Quantity
Individuals
Opportunities
Buyers/Influencers
Quality
Accounts
Click Through Rates
Impressions/CPMs
Web Traffic
Unique Visitors
Conversions
Inquiries
MQLs
What we like to
Measure
Why are wefocused onTHESE
METRICS?
Because…• They are easy • it’s what we know• we can control them• we confuse
measurement for goals
How we should
Measureour performance
OpportunitiesPipelineClose RatesACVFunnel VelocityTarget Account ActivityLiftRetention And Upsell
Measure everythingBut set goals on business impact
We focus on quantityinstead of quality
Account-Based Marketing
Identify the companies most likely to buy, and then market to them
Account-Based Marketing
Identify the companies most likely to buy, and then market to them
Why Account-basedMarketing?
Focuses on best opportunities
Delivers customer-centric experience
Supports Sales reality
Connects Marketing to revenue
Evolution of Account-Based Marketing
1995- 2005 2005-2012 2012>>>
• Limited in scale(25-50 accounts)
• Field Mktg centric• Analog in approach
• Improved scale• Email centric• Industry focused• Post hand raise• Reactive
• Fully scalable(5000+ accounts)
• Full funnel• Multiple targeting
options• Pre hand raise• Proactive
What drove the change? IP Targeting Account-based, real time bidders Real time customization More bandwidth/faster speeds DMPs Frustrated B2B Marketers
More marketers are
AWAREof ABM
of B2B companies are aware of ABM.
75%
of marketers say that ABM delivers higher ROI than any other marketing approach.
84%
of B2B companies employing ABM plan to increase their ABM efforts over the next 12 months.
72%
of B2B companies employing ABM plan to invest more in technology over the next 12 months.
61%
More marketers are
USINGABM
of B2B marketers employing ABM stated they are aligned with sales.
91%
of B2B companies said Account-Based Marketing has an impact on marketing’s success.
96%
More marketers are
having
SUCCESSwith ABM
Getting Started with ABM
Align sales and marketing
Identify target accounts
Develop ABM Marketing Plan
Measure
Align Sales and Marketing
Philosophical AlignmentShared belief in an account-based approachCommitment to collaboration
Operational Alignment Target account list selection Metrics and goals Planning and cadence
execution
Identify Target Accounts
Prospects
Customers
Partners
Develop ABM Marketing Plan
Awareness• Account-based advertising• Syndicated content• Events/Tradeshows
Engagement• Website personalization• Webinars• Social• Case studies
Conversion• Forms/Chat/Sales Accelerator• Field Events• Contact Me
Analog and Digital
Measurement
Measure across the funnel
Connect everything to revenueMeasure everything, but set goals on business driversCourse correct your plans and spend based on results
Demandbase Funnel Metrics
MQL SAL PIPELINE CLOSE
82%
49%
24%
96%
64%
42%
17%
51%
75%
Demandbase Business Metrics
Sales Team Close Rate ACV Funnel Velocity
Enterprise +285% +35% +2%
Mid Market +166% +40% -20%
Advertising +57% +31% +65%