How SAP Engaged Its Best Customers With Account-Based Marketing...

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ERIC MARTIN Vice President, Marketing SAP How SAP Engaged Its Best Customers With Account-Based Marketing to Impact the Close of $27 Million

Transcript of How SAP Engaged Its Best Customers With Account-Based Marketing...

  • Session Title

    ERIC MARTINVice President, MarketingSAP

    How SAP Engaged Its Best Customers With Account-Based Marketing to Impact the Close of $27 Million

  • Eric MartinVice President, MarketingSAP

  • Background

  • As the market leader in enterprise application software, SAP helps Fortune 500s and other large multinational corporations with fairly complicated supply and customer chains overcome the complexities that plague our businesses.

    With “Run Simple” as our operating principle, SAP’s nearly 77,000 employees focus on a singular purpose that inspires us every day: To help the world run better and improve people’s lives.

  • SAP North America• Serving 132,000 customers in 25 industries

    • 1,067 channel partners and distributors

    • 75 locations

    • 19,000 employees

    • Headquartered in Newton Square, PA

  • Challenge

  • Uncoordinated marketing activities with sub-optimized customer experience

    • Generic, impersonal marketing activities

    • Reactive based on Sales’ requests

    • Inability to measure results by account

    • Very limited best practice sharing

    • Success limited to physical events

    • No common methodology/training

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    SAP North America Marketing: Highly matrixed

    Industry Marketing

    Line of Business Marketing

    Product Marketing

    Regional Marketing

    Email

    Tele

    SAP.com

    Webcasts

    Events

    Advertising

    Customer

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    Account-based marketing (ABM) is a strategic approach to business marketing in which an organization considers and communicates with individual prospects or customer accounts as markets of one.

    Account-based marketing

    Account Selection

    Planning and Insight

    Messaging and Content

    Execution and Engagement

    Measurement

  • ApproachStep 1: Consult experts in the marketplaceStep 2: Build a business caseStep 3: Select key accountsStep 4: Foster internal alignmentStep 5: Build custom programsStep 6: Launch and measure results

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    Internal External

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    Internal External

    Analyze SAP’s operations

    Define “to-be” model

    Build out and prioritizespecific steps

  • ApproachStep 1: Consult experts in the marketplaceStep 2: Build a business caseStep 3: Select key accountsStep 4: Build custom programsStep 5: Foster internal alignmentStep 6: Launch and measure results

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    Test pilot program

    Strategically chose five accounts to test the initiative and secure internal momentum

  • ApproachStep 1: Consult experts in the marketplaceStep 2: Build a business caseStep 3: Select key accountsStep 4: Build custom programsStep 5: Foster internal alignmentStep 6: Launch and measure results

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    All numbers are for North America market only

    Our most strategic customers —driving 30% of SAP’s revenue

    Strategic customers

    10,000+ Accounts

    Key/named accounts

    General business

    4,500 Key accounts

    66 Accounts

    Account selection

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    Pilot Program: Three criteria

    Growth potential of each account

    Sales engagement

    Customer commitment

    Source for criteria: Sirius Decisions

  • ApproachStep 1: Consult experts in the marketplaceStep 2: Build a business caseStep 3: Select key accountsStep 4: Build custom programsStep 5: Foster internal alignmentStep 6: Launch and measure results

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    Talk to customer

    • What is their vision?

    • What audience do they want to reach?

    Determine their goals and initiatives

    • What are their growth targets?

    • How does software contribute to their goals?

    Plan highly-focused, executional elements

    Research

  • © 2015 SAP SE or an SAP affiliate company. All rights reserved. 20Confidential

    Bill of materials

    ACTIVITIES/SERVICES

    NEWSLETTERS

    WEBCASTS

    JAM SITES

    GLOBAL SPONSORSHIPS

    REFERENCES

    ONSITE 1:1 EVENTS

    GO-LIVE EVENTS

    SOCIAL ANALYTICS

    DESIGN THINKING

    EBC VISITS

    SOCIAL CORPORATE RESPONSIBILITY

    CUSTOM WEBSITES

    PROFILING

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    Example custom program

  • ApproachStep 1: Consult experts in the marketplaceStep 2: Build a business caseStep 3: Select key accountsStep 4: Build custom programsStep 5: Foster internal alignmentStep 6: Launch and measure results

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    Marketing Sales

    • Key players and decision makers

    • Buyer personas

    • Content that maps to buyer’s cycle

    • Customer initiatives, mapped to SAP offerings

    • Understand account history and primary players

    • Build marketing plan based on account team’s account/revenue priorities

  • ApproachStep 1: Consult experts in the marketplaceStep 2: Build a business caseStep 3: Select key accountsStep 4: Build custom programsStep 5: Foster internal alignmentStep 6: Launch and measure results

  • 2014

    New pipeline: 49 opportunities, $27M value

    Marketing progressed pipe: $57M, $30.3M closed

    Marketing touched pipe: $209M, $27.6M closed

    New LOB contacts: 1,200

    2015

    Pipe: 48 for $40.5M

    MPP: $107M, $54M closed

    MTP: $448M, $75M closed

    New LOB contacts: 1,420

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    “Our ABM practitioner is awesome. She is thoughtful and provides strategic impact at the account

    level. She is looked at as part of the team.”

    “This program is great; thanks for having it available for

    strategic accounts.”

    I WOULD RECOMMEND ABMTO MY COLLEAGUES.

    THE ABM MARKETER COMES TO ME AND THE SAP ACCOUNT TEAM WITH INNOVATIVE IDEAS AND TACTICS TO HELP ME REACH MY ACCOUNT GOALS.

    Qualitative feedback

    89%

    89%

    84% THE ABM PROGRAM HAS HELPED UNCOVER NEW OPPORTUNITIES IN MY ACCOUNT.

    Survey Results:

  • Key takeaways

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    Key takeaways

    • ABM is not incremental in nature. A case must be built that the budget and head count is better spent on ABM than traditional marketing or other areas.

    • Governance through service-level agreement (SLA) is a necessity.

    • Sales and customer cooperation is vital for a successful ABM program.

  • Thank YouEric Martin @myfavemartin

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    Re-trench — 44 accounts in 2016 (20% reduction)

    Reporting in place for non-$$ metrics

    Streamline and document for efficiencies (versus scale)

    Work with alliance partners on joint plans

    Refine and improve

    Next Steps