5 Key Metrics for Account-Based Marketing

Account-based marketing is not just about counting the people that download your content it’s about influencing the people that count. How do you know if your account-based marketing is on the right track? Here are 5 key metrics to follow. Account Based Marketing Driving successful Account-Based Marketing (ABM) programs demands a unique set of metrics to meaningfully measure success. It’s no longer about the number of new leads, eBook downloads or ad clicks it’s about impacting and influencing the right people and accounts. Quantity’s not good enough; quality drives sales. In a recent webinar, Jon Miller, CEO and founder of Engagio, discussed the 5 key success-measuring benchmarks of ABM programs: coverage, awareness, engagement, program impact, and influence. Tracking ABM programs demands a paradigm change.

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QuickPivot

QuickPivot is a unique kind of software company. We combine our innovative technology with marketing agency services and data management expertise to deliver a high performance, easy-to-use, multi-channel marketing platform. QuickPivot marketers can listen, react, and engage their customers to deliver what the customer wants, when they want it, wherever they are. With QuickPivot, you can market at 'customer speed' over the course of the buyer journey, improve your brand reputation, and increase each customer's lifetime value.

OTHER ARTICLES
Account Based Analytics

Increasing ABM Engagement through Sales Empowerment

Article | August 3, 2022

ABM implementation may be commonplace in the B2B domain, but the application of fundamental ABM concepts is not consistent. This inconsistency can impact the success of an ABM strategy. So, how can you ensure the success of your ABM? Follow these four simple steps: Look for Potential in Target Accounts Your sales team must investigate the target accounts' potential. The sales team must act confidently when a buying group becomes active. Your team should build relationships with unengaged buying groups. This helps inspire new buying initiatives. It may also increase the buying group's proactivity. Go Beyond the Lead-based Approach Your sales and marketing teams must move past their lead-based approach for ABM to work properly. Leads alone won't deliver the desired impact and may even have negative effects. Sales management must understand the subtleties and motivate change in mindsets and processes. Participate in Buying Group Marketing Your sales team needs better group and individual monitoring technologies to implement buying group marketing to ABM. Quality purchase intent data can provide insights into the behavior of target account individuals. Appropriate intent data can show which solutions and purchase-related topics resonate with each buyer. Your team can then create better tactics and outreach. Upgrade Your Sales Approaches Present a high-value offer (HVO) that combines insights into the buying group's needs and interests, as well as their business. Address the challenges that you are facing in ABM execution with this HVO. Bring together your marketing, sales, and account executives to chalk out relevant processes, roles, and responsibilities. With an Empowered Sales Team, Your ABM Engagement Rises An enabled sales team can help you drive improved revenue from a defined set of target accounts if it has the right approach and flexibility to optimize its processes and responsibilities.

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Core ABM

Get In Front of the Competition: Use Intent Data to Find the Accounts that Drive Your Busines

Article | June 20, 2023

B2B markets are more competitive than ever. They’re crowded, commoditized, noisy, and everybody is trying to knock on the same doors. So how do you break through the cacophony? The key is to not wait and reach out to your accounts with everyone else but to reach them when they are still early in the buyer’s journey. And that’s where leveraging intent data comes in. With intent data, you can see who is showing interest in your company or your competitors before they respond to your marketing efforts through form fills for content downloads or event RSVPs. You can create orchestrated plays as soon as they are in-market when they are searching. So you can deliver fresh ideas based on knowledge and understanding of an account’s industry and unique business issues before everyone else.

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Buyer Intent Data

Do You Need Bombora? What the Intent Data Provider Brings to the Table

Article | June 20, 2023

Intent data is an essential piece of the account-based marketing puzzle. It’s the type of data that can give B2B companies a competitive edge as they look to identify engaged, active prospects at prioritized accounts that show a clear pattern of interest in a product, service, or solution. As importantly, intent data can pinpoint signals in a buyer’s journey that lets you know what their next step might be, helping you target them with personalized, contextual messaging. There are a couple of flavors of intent data, but in this case, third-party intent data is the focus. Third-party intent data originates from external sources and may include many potential online interactions that have occurred away from your website and your company’s interactions. Website visits at competitor sites, webinar attendance, downloads, product reviews, social media interactions, and online subscriptions to publications in your industry or sector are fair game for third-party intent data insights. Like an intricate spider web woven from numerous data points, third-party intent data offers a view of online behavior for potential prospects as they traverse their buying journey.

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ABM Accounts

Five Things That Can Make a Difference to ABM in EMEA

Article | May 26, 2022

The shift in buyer behavior has increased the opportunities for digital ABM. Organizations implementing ABM are seeing significant success. But what does the situation in the EMEA (Europe, Middle East, Africa) market look like? ABM is still not well understood in EMEA. Two out of every three ABM programs are not showing optimal performance (Heinz ABM Research). However, things might not be as bleak as they seem. Talking about the 2021 State of ABM in Europe report by Terminus, Albany Vincent, Senior Research Manager at Vanson Bourse said, “While we were not shocked to see the US to be moderately ahead of Europe in their ABM maturity, we were surprised to see how much more eager European companies were to adopt these practices and their American counterparts. It appears to be a very exciting time to be a marketer- especially in Europe." Europe has stringent data laws, so the account-based approach could be the only way for sustainable growth for organizations based in EMEA. Do You Know Enough About ABM Execution? Taking into account the ever-evolving account-based approach, here are five things you should know about ABM and how to implement it for optimal performance: A Curated Account List Is the Secret Ingredient Your target account list should be the result of a conversation between your sales and marketing teams using as much high-quality data as possible. Start off by implementing the program on a small number of accounts and analyze your ROI. Then, periodically revaluate your team performance, tools, skills, and messaging to clear the path for ABM success. Your Sales and Marketing Teams Should Share Their Pizzas Sales and marketing synchronization is the most basic requirement of ABM. The marketing team can enable sales with target accounts’ interests and behavior data. The sales team, on the other hand, can give the marketing team insights into key members of the target account buying group. According to research by ZoomInfo, when the sales and marketing teams are aligned, organizations have a 36% higher customer retention rate and a 67% improved chance of converting leads. Depending Only on MQLs Will Not Get You Far The TechTarget 2021 Media Consumption Survey highlighted that most buying teams have an average of five people, but can also be more than ten. Understanding the intent of the individuals from the buyer group and offering them value through every sales and marketing interaction is crucial to the success of your ABM strategy. Depending on only MQLs can limit the potential of your ABM. Only Strategic Content Brings in the Results You Want Your target accounts are flooded with content every day. To stand out in the crowd and appeal to the individuals in the buying group, you need to align your content with their customer personas. The content should address their pain points and needs. It should be crafted based on an account’s maturity, challenges, and technical abilities. ABM Isn’t Your Regular Marketing Strategy ABM is a strategic approach where the marketing and sales teams share their insights through the account interactions of everyone in an account. Then they collectively reach out to the whole buying team rather than targeting just a few individuals. ABM takes a detailed look at the target account and aligns your business with your prospects’ needs and pain points, and this easily surpasses a regular marketing strategy. Circling Back ABM in EMEA is still evolving. Therefore, organizations need to make special efforts to implement ABM effectively, keeping the target accounts in focus and understanding the attributes of ABM in detail to get the most out of it.

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Spotlight

QuickPivot

QuickPivot is a unique kind of software company. We combine our innovative technology with marketing agency services and data management expertise to deliver a high performance, easy-to-use, multi-channel marketing platform. QuickPivot marketers can listen, react, and engage their customers to deliver what the customer wants, when they want it, wherever they are. With QuickPivot, you can market at 'customer speed' over the course of the buyer journey, improve your brand reputation, and increase each customer's lifetime value.

Related News

Account Based Data

RollWorks Introduces Free In-Market Account Finder to Boost Sales Efficiency

RollWorks | February 02, 2023

RollWorks, a division of NextRoll, has released RollWorks In-Market Account Finder, a free tool that helps companies find sales-ready accounts in minutes by giving them access to data from RollWorks Keyword Intent about the customers' intentions. RollWorks In-Market Account Finder uses keyword intent data to provide businesses with real-time insights into buyer behavior and allows them to focus on targeting accounts that are most likely to purchase their products. This feature combines Keyword Intent data with Bombora Intent and G2 buyer intent data to provide organizations with more certainty that an account is actually in-market, giving marketing and sales teams more precision as they build their target accounts. RollWorks In-Market Account Finder is a powerful tool for organizations that are looking to optimize their account-based strategies. VP of Revenue Marketing at RollWorks, Jodi Cerretani, said, "As B2B marketers continue to grapple with resource efficiency, it will be even more critical to identify accounts that are actually in the market to buy." She added, "The availability of RollWorks' new In-Market Account Finder feature is an easy, free way to help organizations address economic headwinds head-on." She further said, "By having more buying signals at their fingertips, teams can narrow in on high-fit, in-market accounts and make outreach far more efficient and effective." The RollWorks In-Market Account Finder is easy to use and can be reached by entering the name of a brand, product, or competitor and describing the perfect customer. The tool is being sent to RollWorks' entire client roster, and early benefits organizations are seeing include a list of high-fit, high-intent accounts and the ability to test the effectiveness of ABM methodologies without a financial commitment. About RollWorks RollWorks is a division of NextRoll that helps ambitious B2B companies align their marketing and sales teams and grow their revenue with confidence. RollWorks' solutions, which are powered by proprietary data and machine learning, address the needs of organizations of all sizes, from those with best-in-class ABM programs to those just starting out. RollWorks is a platform that marketers and sellers can't do without if they think that an account-based approach is just good business. It empowers teams to identify their target accounts and key buyers, reach those accounts across multiple channels, and measure program effectiveness in their system of record.

Read More

Account Based Data

AdCombo released the guide where to find B2B partners

AdCombo | November 08, 2022

Relationships between companies play a huge role. Various collaborations, joint promotions, access to exclusive products, promo codes, and other unique suggestions open new opportunities for a company. Firstly, the number of customers will increase. Users like to get all the benefits in one place. It's convenient. Secondly, the company's significance in the niche increases. Based on psychology, users trust companies that work with established brands more. Thus, on an emotional level, they put a company and a well-known brand on the same level. Where to search for B2B partners? There are several possible options: Personal recommendation The method will work for companies that have been in the niche for some time. A personal recommendation is still one of the most powerful tools for creating new partnerships. Create every opportunity to get your company recommended to others. Word of mouth still works great. Perfect online representation All social networks, websites, blogs, and forums of the company need to be in order. They should be easy to use and, of course, updated. If a significant partner faces a cheap uncomfortable site or social network with old posts, most likely cooperation won't take place, even if excellent conditions will be suggested. Account-Based Marketing (aka Key Account Marketing) It is a search and tracking of key clients. Here it is necessary to develop a step-by-step strategy: Identify the target partner (it may be the whole company) Find the contacts Create a unique selling proposition based on the needs of the potential partner Implementing the collaboration Performance measurement Attending niche conferences The importance of conferences should not be forgotten. It is a place of direct contact with current or potential partners. Here it is essential to understand that key partners are unlikely to meet among the booths in the exposition area. Pre-parties, after-parties, and VIP areas should be attended. Meetings in such places can have an enormous boost to further business development. AdCombo is a CPA network of 100,000 affiliates, who generate over 1 billion clicks a day across the globe. They provide thousands of exclusive offers in low competition markets across more than 12 niches.

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Demandbase Announces its Predictive Analytics Expansion for ABX Cloud

Demandbase | June 18, 2021

Demandbase announced notable novel features released in the Demandbase One ABX Cloud. Demandbase is already rich in analytics. The ABX Cloud will expand the capabilities further with Multiple Predictive Models. The upcoming feature will enable customers to create customized Pipeline Predict and Qualification Score models for any product, business unit, or industry on their own, without the need for professional services. This is ground-breaking for predictive analytics. And permits customers to determine the best accounts to pursue across various business segments. On this new venture, Jon Miller, chief marketing and product officer at Demandbase, said, ‘’One of the biggest issues with other predictive models today is that they either take in too many signals across too many products and activity types. In this way, it makes the end result too generalized, or they require significant professional services to customize, which takes a lot of time.” He further added, "our Multiple Predictive Models completely upends this. Thus, improving the actionability of predictive scores and eliminating confusion. With the release, like this one, we're helping customers fine-tune their Account-Based Experience with relevance and insights at every stage of the journey." In addition, this new feature allows users to score accounts according to their fit and interest with various business segments. In fact, it offers more control over the data that trains each model, which maximizes the accuracy of each score. Having multiple pipeline prediction models, marketing and sales teams know the right product areas to focus on before each prospect’s call. And marketing teams can easily build target account lists for campaigns with the help of product-specific messaging. Besides, customers can create a Qualification Score model. This learns their ideal customer profile (ICP) from a list of aspirational accounts representing a new market segment they are targeting. Interestingly, Multiple Predictive Models’ latest releases included: Role-Based Dashboards — These are out-of-the-box dashboards for marketing and sales users to help gain data and insights relevant to teams within Demandbase One. In this, custom dashboards can also be created by admins. Sales Insight Dashboard — Another new dashboard visualizes insights to uncovering the current health of any given market or territory, including hot accounts, accounts by journey stage, high-intent accounts, re-engaged accounts, and hot contacts. Top Intent Added to Snapshot Emails — An added content section is available within Demandbase's customizable snapshot emails. This shows the list of top intent behaviors across a user's account. This gives companies more suppleness to enable sellers with pivotal information. Advanced Field Management — The controls are available in the Field Management settings to activate field data in the Demandbase One platform. This provides admins and users more control over the data within the platform.

Read More

Account Based Data

RollWorks Introduces Free In-Market Account Finder to Boost Sales Efficiency

RollWorks | February 02, 2023

RollWorks, a division of NextRoll, has released RollWorks In-Market Account Finder, a free tool that helps companies find sales-ready accounts in minutes by giving them access to data from RollWorks Keyword Intent about the customers' intentions. RollWorks In-Market Account Finder uses keyword intent data to provide businesses with real-time insights into buyer behavior and allows them to focus on targeting accounts that are most likely to purchase their products. This feature combines Keyword Intent data with Bombora Intent and G2 buyer intent data to provide organizations with more certainty that an account is actually in-market, giving marketing and sales teams more precision as they build their target accounts. RollWorks In-Market Account Finder is a powerful tool for organizations that are looking to optimize their account-based strategies. VP of Revenue Marketing at RollWorks, Jodi Cerretani, said, "As B2B marketers continue to grapple with resource efficiency, it will be even more critical to identify accounts that are actually in the market to buy." She added, "The availability of RollWorks' new In-Market Account Finder feature is an easy, free way to help organizations address economic headwinds head-on." She further said, "By having more buying signals at their fingertips, teams can narrow in on high-fit, in-market accounts and make outreach far more efficient and effective." The RollWorks In-Market Account Finder is easy to use and can be reached by entering the name of a brand, product, or competitor and describing the perfect customer. The tool is being sent to RollWorks' entire client roster, and early benefits organizations are seeing include a list of high-fit, high-intent accounts and the ability to test the effectiveness of ABM methodologies without a financial commitment. About RollWorks RollWorks is a division of NextRoll that helps ambitious B2B companies align their marketing and sales teams and grow their revenue with confidence. RollWorks' solutions, which are powered by proprietary data and machine learning, address the needs of organizations of all sizes, from those with best-in-class ABM programs to those just starting out. RollWorks is a platform that marketers and sellers can't do without if they think that an account-based approach is just good business. It empowers teams to identify their target accounts and key buyers, reach those accounts across multiple channels, and measure program effectiveness in their system of record.

Read More

Account Based Data

AdCombo released the guide where to find B2B partners

AdCombo | November 08, 2022

Relationships between companies play a huge role. Various collaborations, joint promotions, access to exclusive products, promo codes, and other unique suggestions open new opportunities for a company. Firstly, the number of customers will increase. Users like to get all the benefits in one place. It's convenient. Secondly, the company's significance in the niche increases. Based on psychology, users trust companies that work with established brands more. Thus, on an emotional level, they put a company and a well-known brand on the same level. Where to search for B2B partners? There are several possible options: Personal recommendation The method will work for companies that have been in the niche for some time. A personal recommendation is still one of the most powerful tools for creating new partnerships. Create every opportunity to get your company recommended to others. Word of mouth still works great. Perfect online representation All social networks, websites, blogs, and forums of the company need to be in order. They should be easy to use and, of course, updated. If a significant partner faces a cheap uncomfortable site or social network with old posts, most likely cooperation won't take place, even if excellent conditions will be suggested. Account-Based Marketing (aka Key Account Marketing) It is a search and tracking of key clients. Here it is necessary to develop a step-by-step strategy: Identify the target partner (it may be the whole company) Find the contacts Create a unique selling proposition based on the needs of the potential partner Implementing the collaboration Performance measurement Attending niche conferences The importance of conferences should not be forgotten. It is a place of direct contact with current or potential partners. Here it is essential to understand that key partners are unlikely to meet among the booths in the exposition area. Pre-parties, after-parties, and VIP areas should be attended. Meetings in such places can have an enormous boost to further business development. AdCombo is a CPA network of 100,000 affiliates, who generate over 1 billion clicks a day across the globe. They provide thousands of exclusive offers in low competition markets across more than 12 niches.

Read More

Demandbase Announces its Predictive Analytics Expansion for ABX Cloud

Demandbase | June 18, 2021

Demandbase announced notable novel features released in the Demandbase One ABX Cloud. Demandbase is already rich in analytics. The ABX Cloud will expand the capabilities further with Multiple Predictive Models. The upcoming feature will enable customers to create customized Pipeline Predict and Qualification Score models for any product, business unit, or industry on their own, without the need for professional services. This is ground-breaking for predictive analytics. And permits customers to determine the best accounts to pursue across various business segments. On this new venture, Jon Miller, chief marketing and product officer at Demandbase, said, ‘’One of the biggest issues with other predictive models today is that they either take in too many signals across too many products and activity types. In this way, it makes the end result too generalized, or they require significant professional services to customize, which takes a lot of time.” He further added, "our Multiple Predictive Models completely upends this. Thus, improving the actionability of predictive scores and eliminating confusion. With the release, like this one, we're helping customers fine-tune their Account-Based Experience with relevance and insights at every stage of the journey." In addition, this new feature allows users to score accounts according to their fit and interest with various business segments. In fact, it offers more control over the data that trains each model, which maximizes the accuracy of each score. Having multiple pipeline prediction models, marketing and sales teams know the right product areas to focus on before each prospect’s call. And marketing teams can easily build target account lists for campaigns with the help of product-specific messaging. Besides, customers can create a Qualification Score model. This learns their ideal customer profile (ICP) from a list of aspirational accounts representing a new market segment they are targeting. Interestingly, Multiple Predictive Models’ latest releases included: Role-Based Dashboards — These are out-of-the-box dashboards for marketing and sales users to help gain data and insights relevant to teams within Demandbase One. In this, custom dashboards can also be created by admins. Sales Insight Dashboard — Another new dashboard visualizes insights to uncovering the current health of any given market or territory, including hot accounts, accounts by journey stage, high-intent accounts, re-engaged accounts, and hot contacts. Top Intent Added to Snapshot Emails — An added content section is available within Demandbase's customizable snapshot emails. This shows the list of top intent behaviors across a user's account. This gives companies more suppleness to enable sellers with pivotal information. Advanced Field Management — The controls are available in the Field Management settings to activate field data in the Demandbase One platform. This provides admins and users more control over the data within the platform.

Read More

Events