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©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
1
John Dering
Director, Marketing Programs
Demandbase
Optimizing Success with Account-
Based Marketing:
How Veracode Engaged 50% of Targeted Accounts
Patty Foley-Reid
Director, Demand Generation
Veracode
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
2
B2B Marketers face several challenges
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
3
B2B Marketers face several challenges
Attract the right audience1
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
4
B2B Marketers face several challenges
Attract the right audience1
82% of B2B website
visitors are not
potential customers
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
5
B2B Marketers face several challenges
Attract the right audience1
Engage with the right content2
82% of B2B website
visitors are not
potential customers
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
6
B2B Marketers face several challenges
Attract the right audience1
Engage with the right content2
82% of B2B website
visitors are not
potential customers
60% of website visitors
bounce w/o interaction
after one page
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
7
B2B Marketers face several challenges
Attract the right audience1
Engage with the right content2
Produce better leads3
82% of B2B website
visitors are not
potential customers
60% of website visitors
bounce w/o interaction
after one page
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
8
B2B Marketers face several challenges
Attract the right audience1
Engage with the right content2
Produce better leads3
82% of B2B website
visitors are not
potential customers
60% of website visitors
bounce w/o interaction
after one page
97% of website visitors
ignore calls-to-action
and remain unknown
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
9
B2B Marketers face several challenges
Attract the right audience1
Engage with the right content2
Produce better leads3
Understand whether programs
are working, and prove ROI
4
82% of B2B website
visitors are not
potential customers
60% of website visitors
bounce w/o interaction
after one page
97% of website visitors
ignore calls-to-action
and remain unknown
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
10
B2B Marketers face several challenges
Attract the right audience1
Engage with the right content2
Produce better leads3
Understand whether programs
are working, and prove ROI
4
82% of B2B website
visitors are not
potential customers
60% of website visitors
bounce w/o interaction
after one page
97% of website visitors
ignore calls-to-action
and remain unknown
67% of CMOs struggle to
prove the long-term
impact of spending
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
11
Marketing funnel activity is disconnected
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
12
ATTRACT
ENGAGE
CONVERT
Marketing funnel activity is disconnected
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
13
Misaligned priorities create a chasm
MARKETING SALES
Leads
Personas
Quantity
Individuals
Opportunities
Buyers/Influencers
Quality
Accounts
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
14
Focus on what matters: Accounts
Identify the
right accounts
Market to
those accounts
Measure by
accounts
STEP 1 STEP 2 STEP 3
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
15
Targeting accounts is optimal for B2B
Focuses on best opportunities1
Builds consensus across buying team2
Supports the Sales reality3
Delivers optimal, customer-centric experiences4
Tie Marketing programs directly to revenue5
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
16
The Reality of ABM Adoption
Source: SiriusDecisions - 2015 State of Account-Based Marketing Study
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
17
The Reality of ABM Adoption
Source: SiriusDecisions - 2015 State of Account-Based Marketing Study
92% Recognize the
value of Account-
Based Marketing
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
18
The Reality of ABM Adoption
Source: SiriusDecisions - 2015 State of Account-Based Marketing Study
92%
52% Have have at least
a pilot in place
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
19
The Reality of ABM Adoption
Source: SiriusDecisions - 2015 State of Account-Based Marketing Study
92%
52% 20%
Have ABM
programs older
than 1 year
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
20
The Reality of ABM Adoption
Source: SiriusDecisions - 2015 State of Account-Based Marketing Study
92%
52% 20%
Account-Based
Marketing is here
to stay. Now is
the time to get
started!
How to Optimize Results
with an ABM Strategy
Patty Foley-Reid
Director, Solutions Marketing and Demand Generation
pfoleyreid@Veracode.com
@pattyfoleyreid
22
Business Development
Marketing to Sales Handoff
High Value Activities
Sales
Number of Deals Won
Revenue
Sales
Number of Opportunities
Opportunity Value
Marketing
Inbound Outbound
23
Business Development
Marketing to Sales Handoff
High Value Activities
Sales
Number of Deals Won
Revenue
Sales
Number of Opportunities
Opportunity Value
Marketing
Inbound Outbound
Accelerate Sales Cycle
24
Business Development
Marketing to Sales Handoff
High Value Activities
Sales
Number of Deals Won
Revenue
Sales
Number of Opportunities
Opportunity Value
Marketing
Inbound Outbound
Accelerate Sales Cycle
Increase Volume
25
Business Development
Marketing to Sales Handoff
High Value Activities
Sales
Number of Deals Won
Revenue
Sales
Number of Opportunities
Opportunity Value
Marketing
Inbound Outbound
Accelerate Sales Cycle
Increase Volume
Impact Bottom Line
26
RESULTING IN GROWTH OF INCREMENTAL NET
NEW NAMED ACCOUNT PIPELINE
2013 2014
Incremental Pipeline
Marketing Activities
83% increase
52% increase
27
WITH SOFTWARE INNOVATION COMES RISK
28
WITH SOFTWARE INNOVATION COMES RISK
…and many others
29
Target SMALL!Grow BIG!
CEO CMO
30
Who
We
Target
BEFORE
Broad Focus
AFTER
Narrow Focus
31
ADVERTISE TO <1000 ACCOUNTS?
32
33
PJA ad agency IDG Research
OnCorps Consulting Platform
34
THE PLAN
280 accounts (suspects & prospects)
3 month “Assessment Page” campaign
Security articles in “executive-type”
news outlets
A/B test industry and company names
35
Advertising
campaign Landing page
Answer 5
questions Sign-in to get report Email pdf
BizDev team follow-up
about results
Marketo Salesforce
OnCorps
Drupal
THE PROCESS
36
Advertising
campaign Landing page
Answer 5
questions Sign-in to get pdf Email pdf
226 90 9 0
BizDev team follow-up
about results
YIKES!!!
37
Account-Based
Marketing
is not a linear
process
38
Advertising
campaign
THE MISSING STORY
39
THIS CAMPAIGN WAS A HUGE SUCCESS
38% of Suspects
were net new
visitors
144 accounts lifted
40
NET NEW
NAMED ACCOUNT
LAND
THIS CAMPAIGN WAS A HUGE SUCCESS
PASSED INTELLIGENCE
41
42
RETHINK
43
RETHINK
From Passing Leads To Passing Intelligence
44
RETHINK
From Passing Leads To Passing Intelligence
45
Business Development
Marketing to Sales Handoff
High Value Activities
Sales
Number of Deals Won
Revenue
Sales
Number of Opportunities
Opportunity Value
Marketing
Inbound Outbound
46
Business Development
Marketing to Sales Handoff
High Value Activities
Sales
Number of Deals Won
Revenue
Sales
Number of Opportunities
Opportunity Value
Marketing
Inbound Outbound
Accelerate Sales Cycle
47
Business Development
Marketing to Sales Handoff
High Value Activities
Sales
Number of Deals Won
Revenue
Sales
Number of Opportunities
Opportunity Value
Marketing
Inbound Outbound
Accelerate Sales Cycle
Increase Volume
48
Business Development
Marketing to Sales Handoff
High Value Activities
Sales
Number of Deals Won
Revenue
Sales
Number of Opportunities
Opportunity Value
Marketing
Inbound Outbound
Accelerate Sales Cycle
Increase Volume
Impact Bottom Line
49
RESULTING IN GROWTH OF INCREMENTAL NET
NEW NAMED ACCOUNT PIPELINE
2013 2014
Incremental Pipeline
Marketing Activities
83% increase
52% increase
How to Optimize Results
with an ABM Strategy
Patty Foley-Reid
Director, Solutions Marketing and Demand Generation
pfoleyreid@Veracode.com
@pattyfoleyreid
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
51
John Dering
Director, Marketing Programs
Demandbase
jdering@demandbase.com
Optimizing Success with Account-
Based Marketing:
How Veracode Engaged 50% of Targeted Accounts
Patty Foley-Reid
Director, Demand Generation
Veracode

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Optimizing Success with Account-Based Marketing: How Veracde Engaged 50% of Targeted Accounts

  • 1. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 1 John Dering Director, Marketing Programs Demandbase Optimizing Success with Account- Based Marketing: How Veracode Engaged 50% of Targeted Accounts Patty Foley-Reid Director, Demand Generation Veracode
  • 2. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 2 B2B Marketers face several challenges
  • 3. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 3 B2B Marketers face several challenges Attract the right audience1
  • 4. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 4 B2B Marketers face several challenges Attract the right audience1 82% of B2B website visitors are not potential customers
  • 5. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 5 B2B Marketers face several challenges Attract the right audience1 Engage with the right content2 82% of B2B website visitors are not potential customers
  • 6. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 6 B2B Marketers face several challenges Attract the right audience1 Engage with the right content2 82% of B2B website visitors are not potential customers 60% of website visitors bounce w/o interaction after one page
  • 7. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 7 B2B Marketers face several challenges Attract the right audience1 Engage with the right content2 Produce better leads3 82% of B2B website visitors are not potential customers 60% of website visitors bounce w/o interaction after one page
  • 8. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 8 B2B Marketers face several challenges Attract the right audience1 Engage with the right content2 Produce better leads3 82% of B2B website visitors are not potential customers 60% of website visitors bounce w/o interaction after one page 97% of website visitors ignore calls-to-action and remain unknown
  • 9. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 9 B2B Marketers face several challenges Attract the right audience1 Engage with the right content2 Produce better leads3 Understand whether programs are working, and prove ROI 4 82% of B2B website visitors are not potential customers 60% of website visitors bounce w/o interaction after one page 97% of website visitors ignore calls-to-action and remain unknown
  • 10. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 10 B2B Marketers face several challenges Attract the right audience1 Engage with the right content2 Produce better leads3 Understand whether programs are working, and prove ROI 4 82% of B2B website visitors are not potential customers 60% of website visitors bounce w/o interaction after one page 97% of website visitors ignore calls-to-action and remain unknown 67% of CMOs struggle to prove the long-term impact of spending
  • 11. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 11 Marketing funnel activity is disconnected
  • 12. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 12 ATTRACT ENGAGE CONVERT Marketing funnel activity is disconnected
  • 13. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 13 Misaligned priorities create a chasm MARKETING SALES Leads Personas Quantity Individuals Opportunities Buyers/Influencers Quality Accounts
  • 14. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 14 Focus on what matters: Accounts Identify the right accounts Market to those accounts Measure by accounts STEP 1 STEP 2 STEP 3
  • 15. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 15 Targeting accounts is optimal for B2B Focuses on best opportunities1 Builds consensus across buying team2 Supports the Sales reality3 Delivers optimal, customer-centric experiences4 Tie Marketing programs directly to revenue5
  • 16. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 16 The Reality of ABM Adoption Source: SiriusDecisions - 2015 State of Account-Based Marketing Study
  • 17. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 17 The Reality of ABM Adoption Source: SiriusDecisions - 2015 State of Account-Based Marketing Study 92% Recognize the value of Account- Based Marketing
  • 18. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 18 The Reality of ABM Adoption Source: SiriusDecisions - 2015 State of Account-Based Marketing Study 92% 52% Have have at least a pilot in place
  • 19. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 19 The Reality of ABM Adoption Source: SiriusDecisions - 2015 State of Account-Based Marketing Study 92% 52% 20% Have ABM programs older than 1 year
  • 20. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 20 The Reality of ABM Adoption Source: SiriusDecisions - 2015 State of Account-Based Marketing Study 92% 52% 20% Account-Based Marketing is here to stay. Now is the time to get started!
  • 21. How to Optimize Results with an ABM Strategy Patty Foley-Reid Director, Solutions Marketing and Demand Generation pfoleyreid@Veracode.com @pattyfoleyreid
  • 22. 22 Business Development Marketing to Sales Handoff High Value Activities Sales Number of Deals Won Revenue Sales Number of Opportunities Opportunity Value Marketing Inbound Outbound
  • 23. 23 Business Development Marketing to Sales Handoff High Value Activities Sales Number of Deals Won Revenue Sales Number of Opportunities Opportunity Value Marketing Inbound Outbound Accelerate Sales Cycle
  • 24. 24 Business Development Marketing to Sales Handoff High Value Activities Sales Number of Deals Won Revenue Sales Number of Opportunities Opportunity Value Marketing Inbound Outbound Accelerate Sales Cycle Increase Volume
  • 25. 25 Business Development Marketing to Sales Handoff High Value Activities Sales Number of Deals Won Revenue Sales Number of Opportunities Opportunity Value Marketing Inbound Outbound Accelerate Sales Cycle Increase Volume Impact Bottom Line
  • 26. 26 RESULTING IN GROWTH OF INCREMENTAL NET NEW NAMED ACCOUNT PIPELINE 2013 2014 Incremental Pipeline Marketing Activities 83% increase 52% increase
  • 28. 28 WITH SOFTWARE INNOVATION COMES RISK …and many others
  • 32. 32
  • 33. 33 PJA ad agency IDG Research OnCorps Consulting Platform
  • 34. 34 THE PLAN 280 accounts (suspects & prospects) 3 month “Assessment Page” campaign Security articles in “executive-type” news outlets A/B test industry and company names
  • 35. 35 Advertising campaign Landing page Answer 5 questions Sign-in to get report Email pdf BizDev team follow-up about results Marketo Salesforce OnCorps Drupal THE PROCESS
  • 36. 36 Advertising campaign Landing page Answer 5 questions Sign-in to get pdf Email pdf 226 90 9 0 BizDev team follow-up about results YIKES!!!
  • 39. 39 THIS CAMPAIGN WAS A HUGE SUCCESS 38% of Suspects were net new visitors 144 accounts lifted
  • 40. 40 NET NEW NAMED ACCOUNT LAND THIS CAMPAIGN WAS A HUGE SUCCESS PASSED INTELLIGENCE
  • 41. 41
  • 43. 43 RETHINK From Passing Leads To Passing Intelligence
  • 44. 44 RETHINK From Passing Leads To Passing Intelligence
  • 45. 45 Business Development Marketing to Sales Handoff High Value Activities Sales Number of Deals Won Revenue Sales Number of Opportunities Opportunity Value Marketing Inbound Outbound
  • 46. 46 Business Development Marketing to Sales Handoff High Value Activities Sales Number of Deals Won Revenue Sales Number of Opportunities Opportunity Value Marketing Inbound Outbound Accelerate Sales Cycle
  • 47. 47 Business Development Marketing to Sales Handoff High Value Activities Sales Number of Deals Won Revenue Sales Number of Opportunities Opportunity Value Marketing Inbound Outbound Accelerate Sales Cycle Increase Volume
  • 48. 48 Business Development Marketing to Sales Handoff High Value Activities Sales Number of Deals Won Revenue Sales Number of Opportunities Opportunity Value Marketing Inbound Outbound Accelerate Sales Cycle Increase Volume Impact Bottom Line
  • 49. 49 RESULTING IN GROWTH OF INCREMENTAL NET NEW NAMED ACCOUNT PIPELINE 2013 2014 Incremental Pipeline Marketing Activities 83% increase 52% increase
  • 50. How to Optimize Results with an ABM Strategy Patty Foley-Reid Director, Solutions Marketing and Demand Generation pfoleyreid@Veracode.com @pattyfoleyreid
  • 51. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 51 John Dering Director, Marketing Programs Demandbase jdering@demandbase.com Optimizing Success with Account- Based Marketing: How Veracode Engaged 50% of Targeted Accounts Patty Foley-Reid Director, Demand Generation Veracode

Editor's Notes

  1. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  2. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  3. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  4. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  5. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  6. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  7. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  8. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  9. It’s a challenging time to be a marketer: Buyers are media savvy and immune to the same old “tricks” We all have numerous demands on our attention and time And there are increasing amounts of competition and noise from all sides… Specifically, for B2B, there are 4 main areas that are part of our mandate, but where there still seems to be a fair amount of struggle: Attract the right audience…potential customers/buyers…and bring them to the website – In our work and analysis of 200+ clients’ website traffic, 2 billion+ website visits we’ve seen that an average of 82% of B2B website visitors aren’t from identifiable companies at all (Residential, Wireless, Bots, SOHOs, etc.). Engage that right audience with the right content – On an average B2B website, around 60% of B2B website visitors visit one page and don’t complete one interaction (bounce). –Marketo (and others) Product better leads…and make Sales happy – 97% of website visitors will never complete a goal, or fill out a form…remaining anonymous. –Based on industry average conversion rates (2-5%, Adobe) Understand whether programs are working, and prove ROI – 67% of CMOs struggle to prove the long-term impact of their spending. –The CMO Survey, Sept. 2014 http://www.marketingcharts.com/traditional/us-cmos-dogged-by-roi-questions-45708/attachment/dukecmosurvey-measuring-biz-impact-social-mktg-spend-sept2014/
  10. You could have success initially across funnel activity… driving visitors to your website interaction with your website creating leads, Sales calling on them measuring separate programs and silos with metrics that give the appearance of success But if you’re not reaching the right accounts/prospects and connecting your relationship with them across the funnel, you are spending time, energy and money on individuals that will never buy from you To be effective – you have to be able to: Attract and build awareness with the right audience Engage that same audience with content, mostly on the website, and develop a relationship Convert the relationships you’ve built into sales interactions Measure success and tie/connect everything together across the entire funnel
  11. You could have success initially across funnel activity… driving visitors to your website interaction with your website creating leads, Sales calling on them measuring separate programs and silos with metrics that give the appearance of success But if you’re not reaching the right accounts/prospects and connecting your relationship with them across the funnel, you are spending time, energy and money on individuals that will never buy from you To be effective – you have to be able to: Attract and build awareness with the right audience Engage that same audience with content, mostly on the website, and develop a relationship Convert the relationships you’ve built into sales interactions Measure success and tie/connect everything together across the entire funnel
  12. So how can you overcome these challenges and be laser-focused on the companies you can actually sell to? It’s called Account-Based Marketing or ABM, and it’s quickly becoming the primary strategy for best-in-class B2B companies. Account-Based Marketing can be done in several flavors, but is broadly characterized as targeting and marketing to specific companies or segments based on their business attributes (firmographics) like: industry, size, revenue, geography, account status, and more. Whether you’re a large organization hearing that account-based marketing is complex and difficult from consultants or you’re a growing organization who can’t afford to do something complicated and involved, the good news is that Account-based marketing is actually pretty straight forward and very simple in concept. It’s a very straightforward approach that can help you “hack” revenue growth and get a competitive advantage while also delivering alignment and a simplicity in tracking performance those shows results. ABM Simplified: Identify – the accounts that sales values most and is most likely to close Market – attract, engage and convert those account to prime them for a sales opportunity Measure – keep Sales in the loop, and show them which accounts are progressing, which need attention…collaborate on actionable insights
  13. Still not convinced? There are some decided benefits to taking an Account-Based approach to B2B Marketing: Focuses on the best opportunities to close go for quality and not volume gets rid of the waste Builds consensus across the buying team not just targeting an individual, but key stakeholders Supports the Sales reality delivers on their target accounts Delivers optimal customer-centric experiences focused on a specific set of companies Ties marketing programs directly to revenue
  14. As I mentioned, Account-based marketing is reaching a tipping point where today’s best in-class B2B marketers are no longer sitting on the side lines. According to The 2015 State of Account-Based Marketing Study from SiriusDecisions 92% of B2B Marketers recognize ABM’s value – This shows that most B2B marketers understand the foundational elements of the importance of ABM: Anonymous buying behaviors, buyers working in teams, buyers spending approximately 2/3 or more (depending on the analyst) of their buying journey researching online before contacting a vendor – these are all changes in the way businesses buy today based upon our personal shopping behaviors In order to address these shifts, 52% of B2B Marketers now have at least a pilot in place showing that most are testing the methodology to apply it to their business. - Yet, only 20% have had an ABM program older than 1 year, showing that we’re really at the inflection point for adoption. Many marketers “get it,” are starting to try it, but few are far enough down the journey of adoption to make ABM table steaks – like marketing automation or a CRM system (both of which you need as an anti into the game of B2B best in-class marketing) It’s not always ease to know where to start, but often hearing from a B2B marketer who has taken this journey is a great place to start. So I’d like to turn the presentation over to my colleague Patty Foley-Reid from Vercacode. Patty is a leader in demand generation and is considered an early adopter of ABM. She’s going to walk us through how Veracode embraced this change in approach for their business and show us some examples of how specific ABM campaigns impacted their success.
  15. As I mentioned, Account-based marketing is reaching a tipping point where today’s best in-class B2B marketers are no longer sitting on the side lines. According to The 2015 State of Account-Based Marketing Study from SiriusDecisions 92% of B2B Marketers recognize ABM’s value – This shows that most B2B marketers understand the foundational elements of the importance of ABM: Anonymous buying behaviors, buyers working in teams, buyers spending approximately 2/3 or more (depending on the analyst) of their buying journey researching online before contacting a vendor – these are all changes in the way businesses buy today based upon our personal shopping behaviors In order to address these shifts, 52% of B2B Marketers now have at least a pilot in place showing that most are testing the methodology to apply it to their business. - Yet, only 20% have had an ABM program older than 1 year, showing that we’re really at the inflection point for adoption. Many marketers “get it,” are starting to try it, but few are far enough down the journey of adoption to make ABM table steaks – like marketing automation or a CRM system (both of which you need as an anti into the game of B2B best in-class marketing) It’s not always ease to know where to start, but often hearing from a B2B marketer who has taken this journey is a great place to start. So I’d like to turn the presentation over to my colleague Patty Foley-Reid from Vercacode. Patty is a leader in demand generation and is considered an early adopter of ABM. She’s going to walk us through how Veracode embraced this change in approach for their business and show us some examples of how specific ABM campaigns impacted their success.
  16. As I mentioned, Account-based marketing is reaching a tipping point where today’s best in-class B2B marketers are no longer sitting on the side lines. According to The 2015 State of Account-Based Marketing Study from SiriusDecisions 92% of B2B Marketers recognize ABM’s value – This shows that most B2B marketers understand the foundational elements of the importance of ABM: Anonymous buying behaviors, buyers working in teams, buyers spending approximately 2/3 or more (depending on the analyst) of their buying journey researching online before contacting a vendor – these are all changes in the way businesses buy today based upon our personal shopping behaviors In order to address these shifts, 52% of B2B Marketers now have at least a pilot in place showing that most are testing the methodology to apply it to their business. - Yet, only 20% have had an ABM program older than 1 year, showing that we’re really at the inflection point for adoption. Many marketers “get it,” are starting to try it, but few are far enough down the journey of adoption to make ABM table steaks – like marketing automation or a CRM system (both of which you need as an anti into the game of B2B best in-class marketing) It’s not always ease to know where to start, but often hearing from a B2B marketer who has taken this journey is a great place to start. So I’d like to turn the presentation over to my colleague Patty Foley-Reid from Vercacode. Patty is a leader in demand generation and is considered an early adopter of ABM. She’s going to walk us through how Veracode embraced this change in approach for their business and show us some examples of how specific ABM campaigns impacted their success.
  17. As I mentioned, Account-based marketing is reaching a tipping point where today’s best in-class B2B marketers are no longer sitting on the side lines. According to The 2015 State of Account-Based Marketing Study from SiriusDecisions 92% of B2B Marketers recognize ABM’s value – This shows that most B2B marketers understand the foundational elements of the importance of ABM: Anonymous buying behaviors, buyers working in teams, buyers spending approximately 2/3 or more (depending on the analyst) of their buying journey researching online before contacting a vendor – these are all changes in the way businesses buy today based upon our personal shopping behaviors In order to address these shifts, 52% of B2B Marketers now have at least a pilot in place showing that most are testing the methodology to apply it to their business. - Yet, only 20% have had an ABM program older than 1 year, showing that we’re really at the inflection point for adoption. Many marketers “get it,” are starting to try it, but few are far enough down the journey of adoption to make ABM table steaks – like marketing automation or a CRM system (both of which you need as an anti into the game of B2B best in-class marketing) It’s not always ease to know where to start, but often hearing from a B2B marketer who has taken this journey is a great place to start. So I’d like to turn the presentation over to my colleague Patty Foley-Reid from Vercacode. Patty is a leader in demand generation and is considered an early adopter of ABM. She’s going to walk us through how Veracode embraced this change in approach for their business and show us some examples of how specific ABM campaigns impacted their success.
  18. As I mentioned, Account-based marketing is reaching a tipping point where today’s best in-class B2B marketers are no longer sitting on the side lines. According to The 2015 State of Account-Based Marketing Study from SiriusDecisions 92% of B2B Marketers recognize ABM’s value – This shows that most B2B marketers understand the foundational elements of the importance of ABM: Anonymous buying behaviors, buyers working in teams, buyers spending approximately 2/3 or more (depending on the analyst) of their buying journey researching online before contacting a vendor – these are all changes in the way businesses buy today based upon our personal shopping behaviors In order to address these shifts, 52% of B2B Marketers now have at least a pilot in place showing that most are testing the methodology to apply it to their business. - Yet, only 20% have had an ABM program older than 1 year, showing that we’re really at the inflection point for adoption. Many marketers “get it,” are starting to try it, but few are far enough down the journey of adoption to make ABM table steaks – like marketing automation or a CRM system (both of which you need as an anti into the game of B2B best in-class marketing) It’s not always ease to know where to start, but often hearing from a B2B marketer who has taken this journey is a great place to start. So I’d like to turn the presentation over to my colleague Patty Foley-Reid from Vercacode. Patty is a leader in demand generation and is considered an early adopter of ABM. She’s going to walk us through how Veracode embraced this change in approach for their business and show us some examples of how specific ABM campaigns impacted their success.
  19. Here’s the short story on what Veracode does. The software that organizations, companies and departments are using to do their jobs is vulnerable to attack. Vulnerable software was used somewhere along the line in most of the data breaches in the news