Account mapping is the process of identifying and structuring your target accounts, as well as the important individuals within them, for your ABM strategy. This stage comes after you've established the objective of your ABM strategy. After you've chosen and sorted your target accounts, you can develop a communication and engagement strategy to influence them.
Account Mapping for B2B Marketing
For B2B marketers like you, account mapping comes in handy to gain insights into the budget cycles of target accounts. This helps your marketing teams run their campaigns based on the time of year where customers are more likely to have the budget to spend on new solutions. Apart from this, once you identify target personas and buyer personas relevant to your ABM strategy, your marketing campaigns can precisely target these personas. As a result, your campaigns will be relevant and successful and can bring you the conversions you desire.
Effective Account Mapping for ABM Success
While mapping account for ABM strategy, you need to follow these four crucial steps:
Identify the Target Account’s Key Decision-makers and Influencers
Target accounts with department structures are usually complex and have multiple influencers. The larger the company and the account, the more difficult it is to identify the decision makers or the buying group committee that makes the purchase decisions. Collecting contacts, documenting details, and understanding the buyer roles and responsibilities of these decision makers is the first step. Once you get this information, create a visual map of the decision markers for your team and the sales teams so your targeting strategies align.
Investigate Your Target Account’s Critical Pain Points
Gather information on the key accounts and stakeholders
in the target account. Determine their requirements, pain points, challenges, and frustration. Discovery calls, search intent
, social listening, Google Alerts, and press releases are some ways to find out this information. You can also engage ABM platforms and solutions providers to get deep insights into the account and the group of decision-makers. You should closely collaborate with sales so they can share insights on the challenges customers and prospects share with them. Once you have all the data you need on the target account’s pain points, move to the next step: designing a content strategy to address these pain points with solid solutions.
Develop Content and Messages that Appeal to Decision Makers
Find the right channels to approach decision makers; determine what time of the day or what days of the week they prefer to connect; and when they are likely to consume content on a particular channel. After you find this information, you know when and where to connect with them and how to engage them in a productive conversation.
Create Content and Messaging that Aligns with the Decision Makers
Each person in the decision-making group (buying group committee)
may consume content differently. You need to tailor your content to target each of the decision makers
to influence their buying decisions. You might not need to create all the content from scratch. Repurposing existing content in a relevant way can save you time, money, and effort. However, you need to make sure that your content is convincing enough to influence the buying decisions of the buying committee members.
Account mapping is vital for ABM success and to maintain market competitiveness. It helps you determine who the decision makers are in your target account, so you can build the right communication plan and content to convert the account into a long-term customer.