B2BCamp Session (Part 1): Account Based Selling Meets Accont Based Marketing

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The New Normal Account-Based Selling Meets Account-Based Marketing Peter Isaacson CMO, Demandbase

Transcript of B2BCamp Session (Part 1): Account Based Selling Meets Accont Based Marketing

Page 1: B2BCamp Session (Part 1): Account Based Selling Meets Accont Based Marketing

The New NormalAccount-Based Selling Meets Account-Based Marketing

Peter IsaacsonCMO, Demandbase

Page 2: B2BCamp Session (Part 1): Account Based Selling Meets Accont Based Marketing

The sales and marketing divide

MARKETING SALES

Leads

Personas

Quantity

Individuals

Opportunities

Buyers/Influencers

Quality

Accounts

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Click Through Rates

Impressions/CPMs

Web Traffic

Unique Visitors

Conversions

Inquiries

MQLs

What we like to

Measure

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Why are wefocused onTHESE

METRICS?

Because…• They are easy • it’s what we know• we can control them• we confuse

measurement for goals

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How we should

Measureour performance

OpportunitiesPipelineClose RatesACVFunnel VelocityTarget Account ActivityLiftRetention And Upsell

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Measure everythingBut set goals on business impact

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We focus on quantityinstead of quality

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Account-Based Marketing

Identify the companies most likely to buy, and then market to them

Page 10: B2BCamp Session (Part 1): Account Based Selling Meets Accont Based Marketing

Account-Based Marketing

Identify the companies most likely to buy, and then market to them

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Why Account-basedMarketing?

Focuses on best opportunities

Delivers customer-centric experience

Supports Sales reality

Connects Marketing to revenue

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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

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What drove the change? IP Targeting Account-based, real time bidders Real time customization More bandwidth/faster speeds DMPs Frustrated B2B Marketers

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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%

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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

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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

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Getting Started with ABM

Align sales and marketing

Identify target accounts

Develop ABM Marketing Plan

Measure

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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

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Identify Target Accounts

Prospects

Customers

Partners

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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

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Measurement

Measure across the funnel

Connect everything to revenueMeasure everything, but set goals on business driversCourse correct your plans and spend based on results

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Demandbase Funnel Metrics

MQL SAL PIPELINE CLOSE

82%

49%

24%

96%

64%

42%

17%

51%

75%

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Demandbase Business Metrics

Sales Team Close Rate ACV Funnel Velocity

Enterprise +285% +35% +2%

Mid Market +166% +40% -20%

Advertising +57% +31% +65%

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