Dead simple ways to get started with Account-Based Marketing
1. Dead simple ways to get started
with Account-Based Marketing
Jessica Cross
Director, Audience Marketing
EverString
Adam New-Waterson
Chief Marketing Officer
LeanData
3. Agenda
How to get started, where to ramp campaigns, and other cool tactics
Share Jessica’s playbook at EverString
Walk through how Adam creates ABM messaging
Lessons we’ve learned along the way
4. What is a Marketing Campaign?
Content
Articles
App
Blog posts
Books
Podcasts
Free Trials
Guides
Case Study
Channel
Content Syndication
Direct Mail
Email
Field Marketing
Pay Per Click
Display Advertising
Syndication
Email
5. What is an ABM Campaign?
Content
Articles
App
Blog posts
Books
Podcasts
Free Trials
Guides
Case Study
Channel
Content Syndication
Direct Mail
Email
Field Marketing
Pay Per Click
Display Advertising
Syndication
Email
Personalized
Content
Targeted
Channels
6. 6 overly simplified steps of ABM
1. Identify Target Accounts
2. Identify Decisions Makers
3. Clean Account and Lead/Contact Data
4. Create Personalized Content
5. Program Execution
6. Review results and optimize
9. Account Selection - The old way
Select accounts manually
Reps pick who they’ve sold to
Pick by revenue, employee
count, and industry
Prioritize based on gut feel and
subjective judgment
10. Predictive account selection – the new way
ABM
starts with
Audience Selection
The process of using your
data to identify your target
accounts
Use data to compile
an objective list
of target accounts
A
A
A
A
A
B
B
B
CD C CC D C
C C CC D C
CC DD C C
DC D C C D C
D C CC C D
DC DC D C
A A
11. Account Based Marketing Starts with the “Who”
Account Selection
Tier accounts
Insights
Messages
Content
Plays
Campaigns
Field Events
Target Account
Activation
Pipeline Sourced
Bookings
Influenced
Deal Velocity
Who What How Measure
12. New SFDC
Lead
Multi-Matches
(tie break)
Yes
No
Account
match?
Single
account
match?
Yes
No
Single Match
Lead Owner =
Account Owner
or SDR
Lean Data
First
Filter
Accounts
Accounts
remain?
Yes
No
Lead
match?
Leads
remain?
Filter
Leads
Yes
Multi-Matches
(tie break)
Yes
Yes
Lead Owner =
Matched Lead
Owner
Single Match
Single lead
match?
No
No No
Filter
Leads
Leads
remain?
Routing leads to the right rep matters
SFDC
Assignment
Rule
14. Tier your spend for size of ACV
Who What How Measure
Segments Accounts ACV
Revenue
Potential
ABM
BUDGET
(x10)
Tier 1 10 $500,000 $1,500,000 $150,000
Tier 2 100 $100,000 $3,000,000 $300,000
Tier 3 1000 $50,000 $5,000,000 $500,000
Tier accounts by
account persona in
order to promote
alignment
and budget spend
15. How to: Account Based Marketing
Who What How Measure
Account Research &
Information
Use a specialized SDR
to research &complete
the signal list and
identify individuals
Run a mini- marketing organization around each account
to develop account persona and explicit content
Messaging
Account Personas
Create a persona for
the account to drive
message
Data
Preparation
Map leads to accounts
Improve data quality
16. Run ABM plays in two layers
Buyer Play
Influencer Play
Physical Mailer SDR Call w/ ALL Invite to Micro Event Email Nurturing
Targeted Display Postcard Email Nurturing SDR Call w/ ENGAGED
InfluencersBuyer
17. Sample: Door Opener Campaign to Key Accounts
PFL Campaign to Target Accounts
State of Predictive Marketing
Report
Triggered Alert in SFDC upon
delivery to trigger SDR call down
18. How to: Account Based Marketing
Who What How Measure
Account Selection
Tier accounts
Insights
Messages
Content
Plays
Campaigns
Field Events
Target Account
Activation
Pipeline Sourced
Bookings
Influenced
Deal Velocity
19. 6 overly simplified steps of ABM
1. Identify Target Accounts
2. Identify Decisions Makers
3. Clean Account and Lead/Contact Data
4. Create Personalized Content
5. Program Execution
6. Review results and optimize
22. Fake Company – TALENT GRAB
Human resources software to manage talent acquisition
Includes budgeting for benefits package negotiations
Management of incentives – stock, signing bonus, perks
Employment contract automation
23. PERSONA:
NEEDS:
PAINS:
CONFLICTS:
GOALS:
DESIRES:
MOTIVATIONS:
CAMPAIGN: 1st to 2nd demo
23
Head of Human Resources
Aggregate view of talent process & where open reqs are unfilled
Lots of time spent approving tweaks to benefits packages
With CFO, over salary requests from candidates
Keep costs inline while still attracting top-quality talent
To spend more time on employee development
More control over talent acquisition process
24. PERSONA:
NEEDS:
PAINS:
CONFLICTS:
GOALS:
DESIRES:
MOTIVATIONS:
CAMPAIGN: 1st to 2nd demo
24
Talent Acquisition Manager
Easier process management without waiting for approvals
Negotiations often make them feel like the middle man
With Talent and with Head of HR
Simplify the process, speed time to benefits package
Making their job easier with less conflict in negotiation
Getting the highest quality candidates so there is low chrun
25. PERSONA:
NEEDS:
PAINS:
CONFLICTS:
GOALS:
DESIRES:
MOTIVATIONS:
CAMPAIGN: 1st to 2nd demo
25
Chief Financial Officer
Keep costs in line to reduce burn rate
Head of HR over benefits packages
To make data-driven decisions in all areas of the business
Not knowing how much to budget for HR
To easily see all of the candidates in the pipeline
Reducing costs to apply it to other areas of business
26. Pick a single moment to start the conversation
Find conflict and exploit it
Educate on how pain is solved
Arm each member for conflict
Prove value to gain advocacy
Motivate resolution
27. Focus campaigns on starting conversations
5 challenges in a tough
recruiting environment
A new way to manage &
nurture new talent
3 KPIs you need to know
about benefits trends
What your CFO needs to
do to improve talent
Trends in modern talent
nurturing & development
3 ways to reduce costs
on top talent
Maintaining great relation-
ships for future job reqs
Hassle free benefits
negotiations
Rising talent acquisition
costs are increasing burn
Why getting top talent
reduces employee churn
10 ways to reduce talent
acquisition costs
What your Head of HR
should be reporting
Head of Human Resources Talent Acquisition Manager Chief Financial Officer
32. ABM - Mini Results
Star Wars Movie Premier
Invite to Key Accounts
92 meetings booked
11 Opportunities
$525,500 in pipeline
Spent $3,300
Key Planning Points
SDRs are part of your campaign
LOTS of coordination with Sales
33. What we are analyzing
Weekly :
Account Activations
Sourced Pipeline
Every other week :
Influenced Bookings
35. Final Thoughts
Picking the wrong accounts sets you on the wrong foot for ABM.
No billboards. Spend money in ways that drive targeted results.
Sales is a critical component of building your ABM campaign.
Create the conversation you want your prospects to have.
Get your data right. Personalization can go wrong with bad data.
Just say no to MQLs. Report on what actually matters.
The title slide should be used as background for your opening conversation. During this beginning conversation you should establish a few things in order to gauge the conversation and determine focus throughout your presentation/discussion. Being effective here will open up the remainder of your meeting to be conversational.
Intro EverStringUse this time to let them know we are a start up in the emerging predictive marketing space. We are well funded with over 70 employees and dozens of customers. The point here is to validate that we are viable and reliable company.
Perform some discoveryThere are two key characteristics that you need to identify in this initial conversation, the maturity of the marketing organization and the volumes they are dealing with. Some great questions to ask include:
What are the typical volumes of incoming leads are you seeing every month?
Can you also help me understand the nature of your opportunities? How big is your ASP and what is the average deal cycle length?
The reason I ask these questions is they are typical indicators for success of Predictive Marketing. We often see a significant decrease in deal cycle and higher ASP after an implementation and would love to get a baseline so we can help you determine your success metric.