3 Effective ABM Tactics for B2B Marketers

Apurva Pathak | March 9, 2022 | 379 views

3 Effective ABM Tactics for B2B Marketers
In 2021, 70% of marketers reported using an account-based marketing campaign. Since 2020, their numbers have gone up by 15%. One of the reasons ABM has become so popular is that it can greatly enhance customer loyalty and revenue by tailoring the buyer's journey for unique clients. ABM tactics can further enrich an ABM strategy.

In an interview with Media 7, Tim Kopp, CEO of Terminus, talked about the account-based marketing process.

“ABM flips the traditional approach of generating leads on its head. It doesn’t adhere to the idea that a full sales funnel will create a trickle-down effect leading to high conversion rates. Instead, ABM enables marketers to refine the criteria by which they identify buyers. While marketers might not have the same amount of leads, each lead is targeted and relevant — and thus more likely to convert.”

Account-based marketing is being implemented confidently by more and more B2B marketers. It is important to find ways to amplify its impact on your revenue through accurate targeting and conversions. Let us take a look at three effective ABM tactics that can help you enhance your account-based marketing strategy.

3 Effective ABM Tactics for B2B Marketers


Improve Your ABM Funnel's Performance

Account-based marketing funnel optimization may be one of the most effective ABM tactics to grow your business.

The following techniques can help you improve your funnel’s overall performance:

  • Audit Your Content Smartly
Check if your content is personalized according to your target accounts' personas and industry. Does it address the specific needs and pain points of your target accounts? Your content can help you narrow down your list of ideal customers.
  • Make Good Use of Intent Data
Dynamic ABM targeting is essential. Based on data from your CRM and other platforms, update your list of target accounts. Make sure you have a good idea of what your target audience is looking for. Are there issues with your company, products, or services that you provide? Always use this information to improve your list.
  • Approach Different Markets Confidently
Run multiple account-based marketing campaigns with varying degrees of customization and investment parallelly. Choose between ABM Lite (targeting a small number of accounts), Programmatic ABM (targeting many accounts), or Strategic ABM (targeting a single account) according to your business goals.
  • Optimize Engaged Accounts
No two engaged accounts can be in the same sales funnel stage. So, optimizing engaged accounts can be difficult. Start by tracking click-through rates, organic website traffic, email open rates, and any other digital interactions with your brand to see how effective your ads are. Your ads must be both informative and visually appealing. Reach engaged accounts through social media, email, and other suitable channels.
  • Unlock Opportunities
Lead generation strategies based on advertising retargeting allow your sales team to tap into accounts that have previously interacted with your ads with renewed vigour. By working with your sales team to develop an account engagement model that defines an "engaged account," you can streamline the lead generation strategies by limiting the number of accounts that your team is required to manage.
  • Increase Outreach
Your target account stakeholders' employees should be the focus of your outreach efforts. Target accounts can be contacted via direct mail or in-person meetings. As a result, new pipeline opportunities are now available. You can reach a larger audience by using one-on-one C-level campaigns like phone calls and demos.


Implement Marketing Automation

Artificial intelligence (AI) marketing can help you improve your B2B account-based marketing strategy. It gives you predictive insights and makes your communication more effective.

In your account-based marketing process, marketing automation can run email campaigns that can show you how people interact with your account.

CRM data is used by AI and big data to get information about people from different platforms. This information can help you make your content unique for more ABM targeting. Account-based marketing services give you the ability to run targeted marketing campaigns at scale. As an account-based marketing service, ABM automation aims to target firms with multi-person purchasing committees extensively by utilizing individualized content and engagement to influence their purchase decisions.



The immediate impact of using marketing automation in your B2B marketing strategy is a shorter sales cycle, a free marketing team, better sales and marketing team alignment, and stronger customer retention.

You can start off by creating your ICP. After that, you can set up your target account, integrate your account-based marketing strategy with marketing automation software and your CRM. Then you can create impressive campaigns, personalize content, and offer tailored engagement to your target accounts. You can access the performance of your ABM marketing strategy using marketing automation software’s dashboard and tweak your strategy to make the most of it.

Analyze and Improve Your Strategy

B2B account-based marketing requires regular testing of your ad wording, content, design, and channel aspects to see what works and what doesn't. You can improve the efficiency of your approach by keeping tabs on key performance indicators (KPIs). Instead of abandoning a tactic because it isn't working, improve it by tweaking it. Account-based marketing approaches can succeed only if you assess how they affect your strategy and continually improve its execution.

In an interview with Media 7, Abhi Yadav, Founder & CTO of Zylotech, talked about the importance of customer intelligence in marketing.

“Tracking every point of engagement is critical in delivering a holistic view of where buyers are actively engaged and what’s working.”

Developing an efficient B2B marketing strategy using the ABM approach requires a great deal of trial and error. Optimize your ABM approach by defining and measuring your KPIs. This B2B ABM marketing tactic is crucial to understanding how effectively you are engaging key accounts and moving them forward in the sales funnel.

Couchbase Generated $1.5 Million in Pipeline Opportunities Using ABM

Couchbase, a NoSQL database provider for enterprises, used a data-based ABM strategy to determine the interests of their target customers. They then combined real-world behavior with system-generated social personas of their customers, which helped them generate $1.5 million in pipeline opportunities.

Conclusion

These account-based marketing tactics can help you optimize your ABM marketing strategy. Concentrating on your funnel metrics and KPI and constantly improving your strategy can help you get the best results.

FAQ

What are funnel metrics?

Velocity (time spent in days by a prospect in each stage of the funnel), conversion rates (percentage of leads that move from stage to stage in the funnel), and volume (number of leads passing through any stage of the funnel) are funnel metrics. Improving them is a great B2B ABM marketing tactic.

What are the benefits of account-based marketing automation?

ABM automation is a great account-based marketing tactic. It allows you to set up a marketing process at once and then scale it across different campaigns. With the help of automation, tasks like media buying, modeling, upselling, and ad targeting are carried out efficiently.

How can you develop an effective ABM strategy?

Start by identifying key accounts. You can then map their decision-makers, create targeted campaigns to get their engagement, decide on the best channels to approach them, execute your marketing campaigns, and finally measure the results of your ABM strategy.

Spotlight

C-Level Global

Founded in 2001 with our RENAISSANCE business philosophy, we deliver a consistent flow of meeting opportunities with the buyers you want by branding to them with multiple evolving plans and tactics. Working in multiple industries, we focus on the (Modes to Market) touch points to the specific buyers our clients want to sell to, which has given us experiences throughout North and South America, many European countries and several key markets in Asia and the Pacific Rim...

OTHER ARTICLES
ABM ACCOUNTS

Account Selection: How To Win Before You Start

Article | November 20, 2021

The first step in any account based go-to-market program is to create a target account list. Whether based on a formal Ideal Customer Profile (ICP) or not, the target account list represents an organization’s definition of the best accounts and those most likely to become customers. But in reality, marketers really only communicate with a subset of the account list at any one time, and even struggle to cover the full list over the course of a year.

Read More
ABM ACCOUNTS

5 Steps for Succeeding in Account-Based Marketing

Article | June 10, 2022

Relative to the mass-market approach of the B2C world, B2B promotion requires a much more targeted approach. The customers are fewer and more discerning but commensurably more valuable and enduring so whether you’re trying to win over a new client or simply keep an existing client on your side, you need to be very careful with what you’re putting out. This is the reasoning behind account-based marketing, otherwise known as ABM. Instead of distributing generic marketing materials, it picks out specific prospects (or sets of prospects grouped by various shared elements) and creates personalized campaigns to suit them. It can be extremely cost-effective, but it needs to be done smartly (which isn’t easy). To help you run a flourishing account-based marketing campaign, we’re going to look at five steps you should take along the way.

Read More
ABM ACCOUNTS

How to Successfully Set Up and Measure Your Account-Based Marketing Strategy

Article | January 11, 2022

The first lesson in this article is to stop thinking differently about ABM and B2B. Sangram Vajre is spot on when he exclaims that “ABM is B2B.” There is no real difference. Whether named or unnamed, every single campaign you launch as a B2B marketer caters to personas in different accounts. Another reality about account-based marketing is that due to the nature of omnichannel marketing and the fact that every prospect does its own research, you’re going to have to process different sets of traffic no matter how much control you think you have over your funnels. With these two things in mind, let’s look at what’s common in a successful ABM strategy, and also how to segment your audience in a way that tells the story of all the steps in your user acquisition models.

Read More

ABM IS ESSENTIAL FOR THE ALIGNMENT OF SALES AND MARKETING TEAMS

Article | February 10, 2020

Account-Based Marketing has been one of the most preferred B2B strategies for marketers. More than 90% of marketers believe that ABM is essential for the alignment of sales and marketing teams. ABM is all about fostering a better relationship with your target accounts. And especially in this digital transformation era, it’s evident that people aren’t buying products but experiences. As per a recent PwC survey, “73% of consumers cite customer experience as an important factor in their purchasing decisions”. This shift in consumer behavior is what B2B companies/marketers should take note of. Also, ITSMA reports that of the companies that adopted ABM in the past two years, 55% are seeing a significantly higher ROI than with traditional marketing.

Read More

Spotlight

C-Level Global

Founded in 2001 with our RENAISSANCE business philosophy, we deliver a consistent flow of meeting opportunities with the buyers you want by branding to them with multiple evolving plans and tactics. Working in multiple industries, we focus on the (Modes to Market) touch points to the specific buyers our clients want to sell to, which has given us experiences throughout North and South America, many European countries and several key markets in Asia and the Pacific Rim...

Related News

CORE ABM

Folloze Named a Leader in TrustRadius 2023 Winter Best of Awards

Folloze | February 07, 2023

Folloze has been recognized as a leader in the TrustRadius 2023 Winter Best of Awards, ranking #1 for "Best Value for Price" and "Best Relationship" and #2 for "Best Feature Set" in the Account-Based Marketing (ABM) category. These awards show how much Folloze cares about its customers and how innovative it is in the ABM space. The awards were based on customer feedback, with Folloze receiving an 8.4/10 for customer support and high ratings for its feature set and value for the price. This award shows that Folloze is committed to providing great customer service and a useful product with lots of features. Etai Beck, co-founder and CEO of Folloze, said, “This award recognition is a testament to the relationships we have with our customers and the value we strive to bring every day.” He added, “Our platform is purpose-built with our customers at every step of their journey to become buyer-centric, and to drive results." He further said, "We're glad they're realizing the benefits of our platform and are willing to share their approval.” (Source - Businesswire) The Folloze B2B Buyer Experience Platform (BX 3.0) was released last fall. It lets B2B organizations give marketers a simple, no-code environment in which to create powerful, brand-compliant experiences. It has been well-received by customers for its ease of use, powerful features, value for price, and exceptional customer support. About Folloze Folloze is a B2B Buyer Experience Platform that helps businesses increase customer engagement and drive revenue growth. It provides a no-code solution for marketers to build personalized content destinations for the entire B2B buyer journey. Top brands such as Google Cloud, ServiceNow, Cisco, and Autodesk trust Folloze for their marketing and sales needs. Folloze's mission is to help B2B companies engage and convert buyers at every stage of the buying process with personalized, buyer-centric experiences. With the Folloze platform, companies can take their marketing and sales to the next level with account-based marketing and demand-gen campaigns. Request a demo to see how Folloze can help turn engagement into revenue.

Read More

CORE ABM, ABM ACCOUNTS

Full Circle Insights Partners with Bombora to Help ABM Users

Full Circle Insights, Bombora | January 25, 2023

On January 24, 2023, Full Circle Insights, a provider of marketing and sales performance evaluation solutions that enable B2B marketers to enhance their marketing mix and generate more revenue, and Bombora, the leading provider of B2B intent data solutions, announced an integration that enables Full Circle ABM users to utilize the power of intent data to detect and track accounts from the identified stage of account activation to closed-won deals. The integration with Bombora enables B2B marketers to evaluate the effectiveness of their ABM strategy inside the CRM, which acts as a single source of truth for data. In addition, this fosters tighter cooperation on account targeting, which is essential for B2B success. The Company Surge® Intent data from Bombora tells customers which companies are studying the products and services they and their rivals provide. It employs data from the largest coalition of B2B publisher websites and a sophisticated Natural Language Processing (NLP) engine to detect the context of the content instead of merely scraping keywords. Full Circle Insights uniquely records, saves, and utilizes the historical data directly inside Salesforce. This allows B2B marketers to compare ABM funnel information from different time periods, spot patterns, and optimize marketing expenditures. Additionally, users can track the buyer's journey from the first website click to the final sale. About Bombora Bombora is the premier provider of B2B marketing and sales intent data. Its data unify marketing and sales teams, allowing them to make decisions based on the information of which organizations are actively studying what products and the intensity of their investigation. As a result, marketers can use this data to drive more qualified demand through the sales funnel, while sales teams can prioritize accounts more effectively and have higher-quality conversions. This data comes from the first cooperative of over 5,000 premium B2B media providers. Members provide content consumption and audience behavior data aggregated into more than 10,000 Intent topics. About Full Circle Insights Full Circle Insights offers solutions for marketing performance management. It provides sales and marketing performance management tools to improve a business's marketing mix and increase revenue. In addition, the company offers multi-touch attribution, full-funnel data, and technology for lead management. Full Circle Insights' products are 100% built on the Salesforce Platform and complement major marketing automation solutions. The company was founded by former Salesforce executives, CRM implementation veterans, and marketing automation professionals with extensive experience establishing marketing measurement foundations for revenue growth.

Read More

ABM ACCOUNTS

Fusion92 Acquires Big Footprint to Boost Growth Marketing Capabilities

Fusion92 | January 06, 2023

Fusion92, a marketing transformation company based in Chicago, has acquired Big Footprint, a search-centric digital agency based in Denver. With this purchase, Fusion92 will be able to learn more about digital marketing and SEO, which will help the company better serve its clients. Big Footprint will bring its expertise in search engine marketing to Fusion92, allowing the company to enhance its offerings in technical and on-page search engine optimization, website architecture, and authority development. This is the third acquisition made by Fusion92 in 2022, following the acquisitions of DP+ and Conversion Fanatics. With these purchases, Fusion92 is putting together a full suite of digital marketing services to help their clients reach their goals. "Integrating Big Footprint's expertise—notably their results-driven, measurable SEM capabilities—enhances Fusion92's offering around technical and on-page SEO, website architecture, and authority development, adding search power to our end-to-end holistic offering. We are thrilled to expand our team with a diverse, authentic group that not only takes good care of clients and each other but also brings their unique perspectives to the table to enhance our consultative offering for brands." Matt Murphy, founder and CEO of Fusion92 Fusion92 is interested in acquiring companies that specialize in data science, website/IT, business transformation, and consultative marketing solutions. With the acquisition of Big Footprint, Fusion92 is well on its way to becoming a leader in marketing transformation. About Fusion92 Fusion92 is an independent marketing transformation company that has been around since 1999. It is based in Chicago and is backed by Serata Capital Partners and Landon Capital Partners. The company has a big presence in Detroit, Austin, and Denver, and it offers a full stack of services and products that help brands get huge returns. Fusion92 works with B2B and B2C clients as a trusted advisor and partner, using the firm's expertise to find new ways to solve business problems. Fusion92 offers a variety of creative solutions that are based on data and speed up growth.

Read More

CORE ABM

Folloze Named a Leader in TrustRadius 2023 Winter Best of Awards

Folloze | February 07, 2023

Folloze has been recognized as a leader in the TrustRadius 2023 Winter Best of Awards, ranking #1 for "Best Value for Price" and "Best Relationship" and #2 for "Best Feature Set" in the Account-Based Marketing (ABM) category. These awards show how much Folloze cares about its customers and how innovative it is in the ABM space. The awards were based on customer feedback, with Folloze receiving an 8.4/10 for customer support and high ratings for its feature set and value for the price. This award shows that Folloze is committed to providing great customer service and a useful product with lots of features. Etai Beck, co-founder and CEO of Folloze, said, “This award recognition is a testament to the relationships we have with our customers and the value we strive to bring every day.” He added, “Our platform is purpose-built with our customers at every step of their journey to become buyer-centric, and to drive results." He further said, "We're glad they're realizing the benefits of our platform and are willing to share their approval.” (Source - Businesswire) The Folloze B2B Buyer Experience Platform (BX 3.0) was released last fall. It lets B2B organizations give marketers a simple, no-code environment in which to create powerful, brand-compliant experiences. It has been well-received by customers for its ease of use, powerful features, value for price, and exceptional customer support. About Folloze Folloze is a B2B Buyer Experience Platform that helps businesses increase customer engagement and drive revenue growth. It provides a no-code solution for marketers to build personalized content destinations for the entire B2B buyer journey. Top brands such as Google Cloud, ServiceNow, Cisco, and Autodesk trust Folloze for their marketing and sales needs. Folloze's mission is to help B2B companies engage and convert buyers at every stage of the buying process with personalized, buyer-centric experiences. With the Folloze platform, companies can take their marketing and sales to the next level with account-based marketing and demand-gen campaigns. Request a demo to see how Folloze can help turn engagement into revenue.

Read More

CORE ABM, ABM ACCOUNTS

Full Circle Insights Partners with Bombora to Help ABM Users

Full Circle Insights, Bombora | January 25, 2023

On January 24, 2023, Full Circle Insights, a provider of marketing and sales performance evaluation solutions that enable B2B marketers to enhance their marketing mix and generate more revenue, and Bombora, the leading provider of B2B intent data solutions, announced an integration that enables Full Circle ABM users to utilize the power of intent data to detect and track accounts from the identified stage of account activation to closed-won deals. The integration with Bombora enables B2B marketers to evaluate the effectiveness of their ABM strategy inside the CRM, which acts as a single source of truth for data. In addition, this fosters tighter cooperation on account targeting, which is essential for B2B success. The Company Surge® Intent data from Bombora tells customers which companies are studying the products and services they and their rivals provide. It employs data from the largest coalition of B2B publisher websites and a sophisticated Natural Language Processing (NLP) engine to detect the context of the content instead of merely scraping keywords. Full Circle Insights uniquely records, saves, and utilizes the historical data directly inside Salesforce. This allows B2B marketers to compare ABM funnel information from different time periods, spot patterns, and optimize marketing expenditures. Additionally, users can track the buyer's journey from the first website click to the final sale. About Bombora Bombora is the premier provider of B2B marketing and sales intent data. Its data unify marketing and sales teams, allowing them to make decisions based on the information of which organizations are actively studying what products and the intensity of their investigation. As a result, marketers can use this data to drive more qualified demand through the sales funnel, while sales teams can prioritize accounts more effectively and have higher-quality conversions. This data comes from the first cooperative of over 5,000 premium B2B media providers. Members provide content consumption and audience behavior data aggregated into more than 10,000 Intent topics. About Full Circle Insights Full Circle Insights offers solutions for marketing performance management. It provides sales and marketing performance management tools to improve a business's marketing mix and increase revenue. In addition, the company offers multi-touch attribution, full-funnel data, and technology for lead management. Full Circle Insights' products are 100% built on the Salesforce Platform and complement major marketing automation solutions. The company was founded by former Salesforce executives, CRM implementation veterans, and marketing automation professionals with extensive experience establishing marketing measurement foundations for revenue growth.

Read More

ABM ACCOUNTS

Fusion92 Acquires Big Footprint to Boost Growth Marketing Capabilities

Fusion92 | January 06, 2023

Fusion92, a marketing transformation company based in Chicago, has acquired Big Footprint, a search-centric digital agency based in Denver. With this purchase, Fusion92 will be able to learn more about digital marketing and SEO, which will help the company better serve its clients. Big Footprint will bring its expertise in search engine marketing to Fusion92, allowing the company to enhance its offerings in technical and on-page search engine optimization, website architecture, and authority development. This is the third acquisition made by Fusion92 in 2022, following the acquisitions of DP+ and Conversion Fanatics. With these purchases, Fusion92 is putting together a full suite of digital marketing services to help their clients reach their goals. "Integrating Big Footprint's expertise—notably their results-driven, measurable SEM capabilities—enhances Fusion92's offering around technical and on-page SEO, website architecture, and authority development, adding search power to our end-to-end holistic offering. We are thrilled to expand our team with a diverse, authentic group that not only takes good care of clients and each other but also brings their unique perspectives to the table to enhance our consultative offering for brands." Matt Murphy, founder and CEO of Fusion92 Fusion92 is interested in acquiring companies that specialize in data science, website/IT, business transformation, and consultative marketing solutions. With the acquisition of Big Footprint, Fusion92 is well on its way to becoming a leader in marketing transformation. About Fusion92 Fusion92 is an independent marketing transformation company that has been around since 1999. It is based in Chicago and is backed by Serata Capital Partners and Landon Capital Partners. The company has a big presence in Detroit, Austin, and Denver, and it offers a full stack of services and products that help brands get huge returns. Fusion92 works with B2B and B2C clients as a trusted advisor and partner, using the firm's expertise to find new ways to solve business problems. Fusion92 offers a variety of creative solutions that are based on data and speed up growth.

Read More

Events