Buyer Intent Data
Article | September 11, 2023
These days the challenges that the marketing and the sales team face are tremendous. The pressure to meet targets, deadlines, achieve revenue, and at the same time keep the clients satisfied is not an easy task. And to add to the woes, there is massive competition in the industry.
But there is one way to overcome all the obstacles and achieve targets while keeping clients happy and satisfied. This strategy is ABM- Account-Based Marketing. ABM campaigns have been a trendsetter in the B2B marketing field for a long time. As it ensures successful marketing, businesses are turning towards this thriving approach.
What Exactly Is Account-Based Marketing?
Account-based marketing is identifying the target, high-value customers and selling your product/service to them. This ABM approach allows you to concentrate on exclusive clients and guarantees the best ROI.
What Is B2B Account-Based Marketing?
B2B account-based marketing is targeting an organization with specific and personalized marketing campaigns. When you target the decision-makers of an organization, you need to tread with caution. When you design a marketing strategy for them, personalize it, and deliver everything to increase their brand value.
Thus, ABM is a marketing strategy wherein the sales and the marketing team have to put their heads together to deliver an impeccable buying experience for the best and valuable clients.
Tactics to Implement a Successful Account-Based Marketing
According to the Pardot site survey, 89% of businesses reported higher ROI in ABM than traditional marketing methods.
If you develop an account-based marketing plan, here are some tips to follow:
Collaborate working of the marketing and sales team to identify high-value clients and gather maximum data about them.
Use social media to gather data and create a personalized approach for the clients.
Try to sync in with the brand of the target company to develop relatable content and graphics.
Recognize the expertise, pain points, and challenges of the target account and frame communication.
Send personalized emails addressing the challenges your target account faces.
Host face to face or virtual events
5 Trend-setting Examples of Account-Based Marketing
ABM is a marketing strategy that has shown guaranteed success in the B2B industry. You have to sculpt unique ideas and have a personalized approach towards your targeted clients. The clients should feel that you have made efforts to know them, understand them, and address the challenges that they face.
Some companies have achieved an altogether different benchmark in ABM strategy. As a result, these are prominent examples of B2B account-based marketing.
Let us go through their account-based marketing case study and learn their ways of execution.
Snowflake- Excellent Use of Content Creation
“We needed to make sure that when you see an ABM campaign, it’s reflective of not only sales input but also product marketing, partner marketing, field marketing, and our SDRs. We needed a way to co-create one cohesive message for our key accounts.” — Hillary Carpio, Director of ABM, Snowflake.
Snowflake, a cloud-based data warehousing company, utilized its in-house services in the best way to create a library of high-quality content. This content is used to create personalized experiences for high-valued and targeted accounts. Then, this personalized content creates account-based marketing campaigns customized to reach the target customers.
Gumgum- Using Technology the Right Way.
GumGum collaborated and created an effective marketing product for the Clorox brand. They showcased this product at the Clorox annual iConnect Conference.
The product they created was turning a temporary tattoo into a fascinating 3D animation while incorporating logos of the concerned brands. It was a hit among the Clorox brand, and almost 200 attendees downloaded the GumGum app.
Intridea- Making the Right Confrontational Approach
Intridea did take a risk by implementing the direct approach of ABM advertising. They rented a billboard right across the advertising giant Ogilvy’s Manhattan office. The billboard said, “Ogle this, Ogilvy.” Intridea also placed its logo and company URL at the bottom of the quirky line.
And they succeeded in fixing a meeting with Ogilvy’s CEO.
Payscale- Utilizing Data to Gain Profits
Payscale helps employers manage compensations in the right way. They also aid employees know their correct market value.
Payscale collaborated with their sales and marketing team to gather the correct information about ABM target accounts. Once they had ample information about the company’s decision-makers, they targeted the client with their best ad campaigns.
As a result, their ROI was six times more compared to any other marketing strategy!
O2- Gathered Data to Create Personalized Reports.
O2 is a leading ICT service provider.
The organization targeted many high-value clients and created personalized reports for them. Their modus operandi was to curate personalized reports on how the organization will benefit by utilizing O2 for their ICT services. The dedicated teams also emphasized on face to face meetings for customized strategies.
As a result, O2 had a successful ABM strategy as they achieved 313% of their target pipeline.
The Bottom Line
Account-based marketing strategies are incorporated in unique ways. As a result, there are many ideas where you can implement account-based marketing to stand out and gain maximum ROI. All you have to do is gather data and make the correct use of it.
So gear up and come up with uncommon ideas and, you never know your company could make it to the list of trendsetting examples of B2B account-based marketing!
Frequently Asked Questions
What are the best strategies for successful account-based marketing?
Enlist your high-value clients and gather maximum data about them(Social media can be of great help.)
Address their pain points and portray how well you know the organization
Collaborate with the marketing and sales team in the best way to provide appropriate solutions
Deliver 100% relevance in communication
What are the advantages of incorporating ABM?
Faster sales process
Guaranteed maximum ROI
Cost Efficiency
Shorter sales cycle
Deliver excellent value to high-value customers
When should you implement ABM?
ABM should be used in the B2B industry to sell to clients with high-value accounts. ABM should be implemented when an organization notices that certain exclusive clients can be easily converted with personalized strategies.
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Account Based Data
Article | June 29, 2023
In Part I of this article, we discussed the importance of the ABM foundation, ideal momentum of change, team training, and analyzing data to understand the performance of your ABM strategy.
In this part, we will look at how CX, sales enablement, a strong team and consistency matter in successfully transforming your organization into an account-centric one.
ABX: Endorse Experience
Focus on the kind of experience you want to offer your target account. Offer them a customized and account-centric experience. Involve every department at a granular level to achieve an excellent customer experience.
Enablement: Sales Resources Are Vital
Support your sales teams through communication that works for them. Provide them with the right tools, content, insights, and data, even if they know how to do their job. Support and motivate them to close more deals.
Consistency: Checking What’s Working
Review your performance weekly and discuss outcomes with your teams—improvements, hurdles, and failures included. A full view of your strategy will show you where you need to make changes so you can fix them and make your ABM efforts work.
Experience: Hire ABM Experts
Executing ABM can be an overwhelming experience if you are new to it. Consider bringing in someone who has already run some successful ABM campaigns to make the process smoother. Doing this will guide and support your long-term efforts.
Businesses and Customers Reap Rewards
When an organization focuses solely on its target accounts, it achieves:
Higher conversions and ROI
Effective target audience reach
Reduced customer attrition
Business growth
Synchronization in cross-functional teams
Competitive edge in the market
When target accounts choose an account-centric company, they get:
Customized solutions to their pain points
Support throughout the buying journey
Excellent customer experience
Long-term business association
An ITSM Firm Addressed Revenue Concerns with an Account-Centric Approach
A British IT service management (ITSM) analytics SaaS firm re-evaluated its ABM efforts to address revenue concerns. It increased relevance across all channels — LinkedIn profiles, content, and messaging to directly address decision-makers.
It aligned its sales and marketing teams. Furthermore, it changed its focus to improving customer interactions along the buying journey. As a result, it gained customers like GoDaddy, British Airways, and JCPenney. A larger firm with a presence in North America, the UK, Europe and APAC acquired it as a part of a business expansion strategy.
Wrapping It Up
Amber Bogie, ABM Strategy Lead at Degreed, says, “In terms of attribution, if it's an ABM account, and it's seeing success, I'm attributing that to a company-wide effort of focusing on the right accounts using an ABM strategy.”
Amber Bogie, ABM Strategy Lead at Degreed, says, “In terms of attribution, if it's an ABM account, and it's seeing success, I'm attributing that to a company-wide effort of focusing on the right accounts using an ABM strategy.”
Remember, ABM works differently for different organizations. Therefore, there is not a one-size-fits-all approach, so you need to zero in on what works best for your organization to get everyone on board to achieve ABM success.
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Buyer Intent Data
Article | March 6, 2023
It’s hard to believe that a B2B marketer isn’t aware of the value of Account-Based Marketing (ABM) and has switched over as well. Being in a B2B business, if your priorities include efficacious alignment with sales, delivering higher quality and apter leads, and linking other marketing activities that hit directly to revenue, ABM is undoubtedly a practical part of your thinking. But, despite this, only because the benefits are understood doesn’t state that the process for building an ABM program always is the same.
ABM can feel daunting for several reasons, such as:
The complex task of pulling data together for target accounts
The science of profiling those accounts and categorizing audiences
The long-lasting task of personalizing content
And the effort involved in generating the momentum to make it all happen
However, it might be easy to assume that ABM is only workable for larger businesses with sophisticated analytics and resource to spare.
But the fact is ABM is already delivering value for a wide range of businesses. And those businesses find many essential ingredients for doing effective ABM. Out of which, a popular ingredient is LinkedIn.
It’s through LinkedIn tools that they are now integrating data from both sales and marketing. For example, by having LinkedIn-based marketing, they can now easily have a real-time view of accounts' engagement. It’s on LinkedIn where they find the targeting capabilities to deliver personalized content to the right target audiences. And it’s on LinkedIn where they can find the capabilities to scale ABM programs flexibly.
Footing of LinkedIn Account-Based Marketing
ABM strategy demonstrates benefits such as the ability to look at the impact of engagement in detail. It enables you to be precise about whom you are targeting and why. The more insight you can integrate while working with sales to plan an ABM program is the better.
The sources can come through various marketing automation platforms, ABM-specific tools, and ABM strategies. However, it’s unusual to spot an ABM program that doesn’t combine LinkedIn as a vital source of insight or, say, as a constant source of data collection and the crucial execution channel.
Its function across the various stages of an ABM program makes LinkedIn a worthy starting point for marketing teams to build an ABM strategy. Even if you are starting with confined in-house data, LinkedIn affords the essentials for prioritizing accounts, identifying the critical prospects to target, delivering personalized content, and tracking the impact of what you’re doing.
It’s one crucial foundation of ABM, which you can build on as you gain more insight.
What’s Inside—LinkedIn Account-Based Marketing
Many consumers decide to buy a product or service before ever encountering it personally. Of course, this also applies to B2B buying.
How is that?
People research in B2B as much as in B2C. In the age of social media, people purchase solely through research. Social media has empowered people to research more than ever before, and for B2B, this is oftentimes observed through LinkedIn.
People can research every single angle and aspect of a brand and company, from corporate social responsibility and community engagement to followers. In addition, they can research the CEO personally — what the CEO is saying, doing, and buying.
So, when people are deciding whether to buy from you, they research. The first thing they'll do is search for you through the LinkedIn profile. When people click on your LinkedIn, they’ll get a positive impression if you have positive content and recommendations and lots of positive engagement on your page.
Your content is positive and would lead when it shows long-form posts, short-form posts, videos, graphs, white papers, and figures that explain what you do, how you do it, and what you can do for people. When audiences are involving with your content, it's high time that you know what you are doing and are an expert in it.
When Media 7 interviewed Udi Ledergor, Chief Marketing Officer at Gong, he said,
“Our top channels for engaging our audience of sales professionals include our LinkedIn page, our highly engaged audience at our LinkedIn profile, and our enthusiastic list of email subscribers. To complement our digital channels, we supplement them with a good dose of content, which includes advertising, and other mediums not often used in B2B Marketing.”
Similar to this, when Media 7 interviewed Ed Breault, Chief Marketing Officer at Aprimo said,
“We are “humanizing” communications as much as possible, over the phone for voice, broadcast, media buying within different properties like LinkedIn. I think it’s a drive to strike a balance to create a complete experience for my audience. The foremost motivation to innovate should be solving a real-world problem your customers are experiencing.”
LinkedIn Account-based Marketing has created value to add for ABM strategies. However, LinkedIn targeting also plays a vital role for smaller marketing teams who have just stepped in their ABM journey and are hungry to gain meaningful insights to help plan their program.
Here are some crucial ways to use LinkedIn for targeting campaigns at the stages of executing an ABM:
Build a Personal Brand
One of the best ways to engage with essential accounts through LinkedIn Account-based Marketing is to have decision-makers as part of your existing system. If you already have a trustworthy relationship with them, they will be more probable to trust you and buy from you. You can take advantage of LinkedIn to build a personal brand, build solutions, and aware your accounts. There is no secret hack to using LinkedIn to expand your personal and company brand. Be authentic. Provide significance to your audience. Don't show up only to sell.
To build your brand, the best content type to post will solely depend on your audience. However, LinkedIn users are 10x more active in sharing videos than text-related posts. So, ensure creating your content in the format your audience wants to consume it.
Outline the Priority Accounts
You can’t stay relaxed after you assign a high-value account for your ABM program. You also need to spend time profiling the business, identifying important stakeholder audiences, and developing a plan for them.
The time you invest in understanding your top-priority accounts won’t only support sales, but you will also be creating relevant personas for your broader ABM program.
To know how to go about profiling accounts on LinkedIn, you need to know that the Buyer Circle feature within LinkedIn Sales Navigator is a perfect starting point for profiling your priority accounts. In this, you will be able to identify all of the decision-makers and influencers expected to be involved in a purchase decision.
Choose Types of Ads Ideal for LinkedIn Account-based Marketing
There remains a wide range of advertisement options similar to your target audience. Determining which ones will be the best fit according to your business can benefit your ads to land with an extra punch. Let’s understand it in detail.
Content Sponsored Ads
A sponsored content is proven to be one of the most effective ad types to engage the audience and is best considered an easy way to get started with LinkedIn account-based marketing.
In case of point, you can use an existing post on your company’s page or create a most relevant to your target audience. Content can include images, articles, videos, or presentations that win audiences’ hearts.
Likewise, carousel images are a particularly robust strategy that can help humanize your brand through your ads. With the ability to use several images that can link to multiple landing pages of the company’s website, you can share more of your company’s story.
Carousel-based ads can even boost your target audience to stop scrolling through their feed and interact with your ad directly to get in contact with your sales team.
LinkedIn Text Ad
A text ad only includes words. This means you can’t rely on fancy images to draw in leads. Instead, it’s all focused on a creative copy. Text ads can be valuable, especially because they may be cheaper than other ads, and where you can easily update the text to achieve the best ROI. So, if you are thinking of creating specific campaigns, use LinkedIn targeting options and see the results.
LinkedIn Display Ads
Right in line with LinkedIn account-based targeting, display ads let you target an extremely specified audience. In addition, with using a variety of content for your ads, like text, audio, video, or images, LinkedIn targeting becomes easier.
The benefit you get is that you can strengthen your brand and ultimately reach more professionals, decision-makers, and influencers worldwide.
LinkedIn Video Ads
Video has become a popular choice for brand content because video ads make up 35% of total online expenditure. It’s a simple yet effective way to deliver your company’s message in a creative and informative method. Luckily, you can also utilize video with your ads, as LinkedIn privileges this content format in the best ways. If nothing, begin with creating video ads on LinkedIn for targeting campaigns.
Generate Content that Works the Best
The ability to deliver customized content is the optimum truth for an ABM program—because everything pivots around it.
Personalized content is the bridge where sales meet marketing execution. If it is done right, it means that influencers and decision-makers engage with content that reflects the business’s needs and the priorities in its respective role.
Creating personalized content maximizes the engagement that it can generate. For example, in LinkedIn’s recent State of Sales survey, 87% of B2B buyers in Europe say they are more probable to consider products or services from a brand that engages them with content precisely relevant to their role.
Similarly, LinkedIn’s exceptional targeting capabilities play a prominent role in a lot of ABM strategies. LinkedIn account targeting ensures that, when you modify content to fit a priority account, you can deliver that content exclusively to that account
Keeping an attractive offer for an eBook, guide, white paper, or infographic can be perfect for drawing key prospects’ attention. It is because you never know how it might ultimately create an easy opportunity for a conversion.
How do you Now Convert Leads?
While you might upload your target list appropriately, create a captivating ad for your audience, and set up all options correctly, still you might have a remaining question in the back of your mind:
What if I don’t get conversions?
That’s the entire purpose of this, after all. You don’t want to fade off at the last step!
When lining up your ad for lead generation, you can indicate your target audience between sending them to your website’s external landing page or filling out a LinkedIn form.
While an impeccably executed landing page can convert leads, LinkedIn also might deliver different options to let them fill out a form, where their information will be swiftly and efficiently filled based on their profile. That’s what the power of LinkedIn account-based marketing is doing to other B2B business bodies.
Track Engagement for Best Results
In the last, it is an obvious step to take! The multiple benefits of tracking your engagement will be equally apparent. Tracking the results of your accounts through LinkedIn account-based marketing can aid you, and your account-based marketer to better understand who other prospects are required to be targeted within existing accounts. Also, you can track at an appropriate time, to give an extra gentle push in the funnel.
Activating real-time alerts so that your account-based marketer can get in touch with the accounts that have demonstrated interest in your business within an appropriate time frame. Doing this can help discover further opportunities that may have been missed otherwise.
Providing these alerts can enable your account-based marketer to perceive exactly when targeted accounts engage with your ads. Of course, this swells up your engagement score. From this, your team can take additional steps and use that information to determine which accounts aren’t engaging and think critically—why some offerings are working and how you can change the ads that aren’t responding.
Since every campaign is different, you will have to determine individual goals for each of the accounts. However, if your campaign is underperforming, there are steps you can always take to make improvements.
Ready to Start-up your ABM Process with LinkedIn?
Most business professionals are already strengthening LinkedIn for networking, inspiration, and knowledge sharing. So why not use the platform for everything of which it is worth able?
No other social media platforms are as specific and curated as LinkedIn. So, if you know whom you are targeting and looking for a new way to capture leads, it’s not too late to use LinkedIn Account-Based marketing techniques. Again because, people are researching you, whether you like it or not.
The great thing about LinkedIn Account-Based marketing is that you can take the bull by the horns and proactively craft your LinkedIn profile to guide their research on you. In this way, you are the one writing your narrative and deciding their opinion of you so that your social selling can take off.
Frequently Asked Questions
What are the benefits of using LinkedIn for ABM?
The benefits of using LinkedIn for ABM are generating leads, driving website traffic, multiplying ROI, creating brand awareness, showing marketing potential, and marketing functionalities, among many others.
What is the top 3 reason to use LinkedIn for ABM?
Well, several reasons are evolving each day to use LinkedIn for ABM, but the reasons actually will give you results are:
Selection of targets
To profile priority accounts
Score leads
How to use LinkedIn ABM to generate leads?
There are some steps to follow to generate leads using LinkedIn ABM. Don’t miss out on these.
Firstly, know your audience
Find them on LinkedIn
Create a list of target accounts from their LinkedIn profile
Specify your accounts
Create content through keeping accounts and their business needs
Choose your ad type and specify to your audience
Post, tag, share throughout the platform
Track your engagement
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Core ABM
Article | August 8, 2022
Personalization is an essential component of an ABM strategy. Without content personalization, it is difficult to target decision makers and influence their purchase decisions. Within this content personalization, ABM landing pages play an important role in offering your target account just what they are looking for. However, without proper personalization, your ABM landing pages will not perform as expected and remain industry-specific pages that are too generic to create any impact. With the help of technology, it is easy to create hyper-personalized ABM landing pages. Here is how you can build your landing page strategy:
Categorize Your Accounts
Break your accounts into clusters, map patterns and choose relevant, effective content for each landing page. Use industry or firmographic details in the beginning and then switch to using account-specific pain points that each segment might face. Based on this data, you can build account personas. If you can, make a separate persona profile for each job role for certain accounts. This will make things run more smoothly.
Create Value-added and Relevant Content for Each Cluster
Your deep research into your target accounts will help you understand what kind of content will be valuable for each account. With your buyers in mind, create content that empowers them and facilitates their purchasing journey. Avoid creating fluffy content that raves about your brand. Instead, give the visitor something that can help them solve their business problems.
Offer Personalized Offers for Each ABM Landing Page
In a 2019 study conducted by Hanover Research for PROS, 69% of buyers said that personalized offers helped them purchase a product and that they were willing to pay more if a specially tailored price was quoted. Having relevant promotions and offers for a landing page that targets an account can get you the conversions you desire. Every visitor that arrives on the page should know that you have created specific content for them that can add value to their business.
Delegate a Dedicated Sales Representative
Your visitors may be used to chatbot automation, but they might still want to interact with a sales representative to get their queries cleared or to make special demands. Assign one sales representative to handle an account. This representative’s information should be available on the landing page so the visitors know who to get in touch with.
Design a Personalized ABM Landing Page Layout
Your landing page should follow a layout that aligns with the customized content. It should have a nice flow and should guide the visitor towards the call to action. It should influence the visitor through content they might find resourceful. Elements like a custom logo and the company’s banner will enrich the page with branding. The most important part of the page will be relevant content pieces like the visitors’ pain points, their industry highlights, product comparisons, and case studies. These are lucrative resources that the visitors might find useful. Using a landing page builder tool that is up-to-date, you can easily make campaigns for different campaigns.
Focus on Your Call to Action
Don’t hesitate to offer your visitors multiple calls to action. Offer them lead magnet downloads, specially tailored resources, tools, app downloads, upsells/cross-sells, etc. to entice them. Think about all the possible ways that could help your target accounts throughout the buying process and post-conversion. Multiple CTAs can be your way of showing how much you care about the visitors’ needs and experience.
What’s the Bottomline?
The pressure to bring in new customers is higher than ever before. Marketers need to get creative, revamp their acquisition strategy, and start talking to their target prospects directly through relevant content. Only then can ABM deliver the results you are looking for.
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