SlideShare a Scribd company logo
ROB LEAVITT, Senior Vice President, ITSMA
JESSICA FEWLESS, Vice President, ABM Strategy & Field Marketing, Demandbase
Accelerating
THE CASE FOR A BLENDED APPROACH
Why and How Companies Can Succeedwith a More Comprehensive ABM Strategy
eBook | October 2017
ABM Impact
ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 2
INTRODUCTION
The movement of Account-Based
Marketing (ABM) from marginal
to mainstream has been dramatic.
Pioneered in the early 2000’s by a
handful of large technology and
B2B services organizations, ABM
has now taken center stage with
B2B marketing organizations of
all shapes and sizes.
The reasons why are not mysterious:
• Buyers are tuning out all but the
most relevant offers and content
• Marketers have access to
powerful new tools to support
targeting and personalization
• Early ABM leaders have
demonstrated the value of the
approach
According to 2017 benchmark research
conducted by ITSMA and the ABM
Leadership Alliance, 87% ofmarketers
doing ABM now say that the approach
delivers greater ROI thanallothertypes
of marketing.
87%
OF COMPANIES SAY ABM DELIVERS
HIGHER ROI THAN ALL OTHER
TYPES OF MARKETING.
ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 3
The goal of this eBook is to pull
together the different strands of
ABM and make the case fora
blended approach. We’ll explain
the three main types companies
are implementing today,why they
all have their place in an integrated
strategy, and how best to utilize
them to provide both breadth and
depth with marketing coverage of
your most important clients and
prospects.
ABM PROVIDES STRATEGIC
BUSINESS BENEFITS
BEYOND LEAD GENERATION
AND NEAR-TERM REVENUE.
As with many rapid moves into “thenext
new thing,” however, ABM is also
subject to a great deal ofconfusion and
disagreement. Is it best suited for
acquiring new clients orexpanding
within existing accounts? Is it mostly for
large enterprise accounts ora broader
set ofclients and prospects? What tools
and tactics are best? Is sales
collaboration truly necessary orcan
marketers mostly go it alone?
With highly-targeted ABM programs,
companies are accelerating the move
into new markets, driving adoption of
new solutions, and helping establish
trustedadvisory relationships with key
clients and partners.
The reality is that different
approaches to ABM have emerged
over the last few years and not
everyone is speaking the same
language
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 4
“We’ve proven that ABM is a
successful partof what we do in
marketing.Without ABM we’d be
struggling to achieve ourKPIs.
So ABM is kind of a hero.”
Andrea Clatworthy, Head of Account
Based and Deal Based Marketing,
EMEIA, Fujitsu
“We recognized that ourmarketing
spend was inefficient and lead
volume wasn’t a valuable metric
for us anymore. We knew there had
to be a different way,a betterway.
That’s when we had the idea to
take an account-based approach.
With ourfirst pilot,we achieved a
36% account-to-meeting
conversation rate!”
Lisa Skinner, Vice President,
Demand Generation, Localytics
“As opposed to mass marketing,
ABM works because it’s so
targeted and strategic. Itkeeps our
sales channels focused on the end
results because we have reallylong
sales cycles.”
Marketing Director, ABM,
Global B2B Information Services
Company
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 5
CHAPTER 1:
THE EVOLUTION OF ABM
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 6
The roots of ABM go back at least to the
early 1990s when Peppers and Rogers
published their famous book, The One-to-
One Future, and argued for radical
personalization and mass customization
of products and services for individual
customers. The book focused mostly on
consumer marketing but some B2B
marketing leaders took the message to
heart, too.
ITSMA coined the phrase Account-Based
Marketing in 2003, and began work with a
handful of top technology and
professional services firms such as
Accenture, HP, IBM, and Xerox to codify
the approach for use with their most
strategic accounts.
One-to-One ABM continues to thrive
today, with a wide range of B2B
companies investing in custom programs
to drive growth and innovation with their
most strategic accounts. It’s the most
popular ABM approach, according to the
ITSMA and ABM Leadership Alliance 2017
ABM Benchmark study, but it doesn’t
come cheap. Companies typically invest
more than $50,000 per account but cover
only 10−15 accounts in total with this
approach. The primary focus is on
growing existing accounts.
In this initial, One-to-One approach, a
dedicated, senior-level marketer works in
full partnership with the account team
and creates highly customized
marketing programs for “markets
of one.”
This type of ABM typically includes deep-
dive research into individual accounts,
long-term programs to build relationships
and develop custom solutions, and a
labor-intensive mix of personalized online
and offline programs and activities.
Don Peppers and
Martha Rogers
publish
The One-to-One
Future
ABM tools and
technology begin
to proliferate
ABM hits the
B2B
mainstream
ITSMA first
promotes
the ABM concept
and approach
Marketingperson-
alizationtakesoff
1993
1990s
2003
One-to-One ABM
takes hold,especially
with strategic
accounts
2000s 2010s
2010
Companies begin
scaling ABM with
One-to-Few and
One-to-Many
approaches
Demandbase offers
the first ABM-specific
technology to help
marketers execute
One-to-Many ABM
2015
2016
ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 7
ONE-TO-FEW ONE-TO-MANY
AS ONE-TO-ONE ABM BEGAN
TO SHOW RESULTS,
MARKETING AND SALES
LEADERSHIP WANTED TO
EXTEND COVERAGE TO MORE
AND MORE ACCOUNTS.
THIS HAS LED TO TWO NEWER
TYPES OF ABM: ONE-TO-FEW,
AND ONE-TO-MANY.
The One-to-Few approach takes the
research-based principles of One-to-
One and applies themto larger groups
of accounts. This approach typically
brings together clusters of5−15
accounts with similar business issues,
often in the same industry such as
banking orretail.
A One-to-One program mightfocus on
McDonalds, while One-to-Few might
focus on the toptenfastfood restaurant
chains. Coverage is broader butnot
quite as deep. A dedicated marketer can
support one orseveral ofthese types of
clusters, often with lightlycustomized
content,events, and briefings that
leverage otherongoing marketing
programs. Program focus is often split
between new prospects and existing
accounts.
The One-to-Many approach
emphasizes personalization at scale.
This approach typically addresses a
strategically curated targetaccount list
ofseveral hundred ormore named
accounts. In order to achieve thislevel of
scale, technology needs to play an
important role.
Demandbase recognized this need in
2010,and was the first company to
offer ABM-specific technology to help
progressive B2B marketers tackle ABM
at scale.
Since then,marketers have come to use
ABM-related tools to collect marketand
account data,targetand provide
relevant messaging and content,and
use account scoring to evaluate and
nurturethe most relevant leads and
opportunities.
Research and investment per account
is lower thanwith othertypes ofABM but
coverage is much broader, so overall
business impact can be justas great.
Program focus is often oriented mostly
to new account acquisition.
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 8
1 : FEW
1 : MANY
1:1
HIGH
LOW
Creating and executing lightly-customized
programs for clusters of account with similar
issues and needs
Leveraging technology to tailor and
personalize marketing campaigns
for specific, named accounts at scale
Creating and executing highly-customized
programs for individual accounts
THE EMERGENCE OF THREE DISTINCT TYPES HAS DRAMATICALLY BROADENED
ABM’S APPEAL AND PROVIDED MORE WAYS FOR COMPANIES TO GET STARTED.
And practitioners of all three types are generating substantial ROI. For the most part, though,
ABM-ers today are focusing either on breadth or depth. Two-thirds of ABM-ers today are
implementing just one approach and only 12% are implementing all three.
Source: ITSMA
THE THREETYPES OF ABM
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 9
CHAPTER 2:
WHY A BLENDED APPROACH?
ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 10
HIGH PERFORMERS MORE
LIKELY TO FOLLOW
A BLENDED APPROACH
One
Type
Only
73
17
10
37
42
21
Sources: ITSMA and ABM Leadership Alliance ABM Benchmarking Survey, July 2017
High Performers (N=19)
(Significantly higher, ABM ROI)
% of respondents
MOST COMPANIES ARESTILL
IMPLEMENTING JUST ONE
TYPE OF ABM
% of respondents (N=82)
Average Performers (N=63)
(Somewhat higher, same, or lower
ABM ROI)
WHYIMPLEMENT
MORETHANONE
TYPEOFABM?
Especially if you’re just getting started,
why complicate the process?
The simple answer is to provide an
optimal balance between breadth and
depth. Few, if any, companies can afford
the investment it would take to provide
true One-to-One ABM to even a fraction
of their accounts. But most companies
have at least a handful or two of
absolutely critical accounts. Relying on a
One-to-Few or One-to-Many approach for
those key accounts could mean missing a
great deal of opportunity or even risking
future revenue by failing to deliver an
appropriately customized experience.
65%
Two
Types 23%
12%
AllThree
Types
OneType TwoTypes ThreeTypes
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 11
BUYER
DEMAND
As the competitive bar
continues to rise, B2B
buyers demand increasingly
personalized solutions.You
need to know their industry,
their individual business,
and the immediate needs of
different groups and
functions within the
business. And the more
important the customer, the
more you need to deliver.
You can’t afford deep dive
customization for every
account, so a segmented
approach makes sense. Top
tier accounts get One-to-One
attention, the second tier
gets One-to-Few, and the
balance of your target
account list gets One-to-
Many. For example, the
three-tiers might target
McDonald’s, the rest of the
top ten fast food chains, and
the next 200 casual
restaurants after that.
SALES
ALIGNMENT
Most B2B sales organizations
have a tiered structure, with,
for example, key account
managers for top tier
accounts, enterprise reps for
the next group, and territory
managers for the rest. ABM
offers great potential to
narrow the historically wide
gap between marketing and
sales, but only if the programs
align.
Key account managers are all
about depth. Marketers can
add significant value with
One-to- One or One-to-Few
approaches; somewhat less
with One-to-Many. Enterprise
reps often support a dozen or
more accounts; they’re doing
their own breadth and depth
balancing so One-to-Few and
One-to-Many make more
sense. Territory reps are
mostly about coverage, so
One-to-Many is often the best
approach.
CORPORATE
IMPERATIVES
Growth is always a priority
but corporate imperatives
often include related strategic
initiatives such as entering
new markets, rolling out new
types of solutions, shifting to
digital and as-a-service
business models, and even
reorganizing the entire
company.
A blended ABM approach can
prove especially valuable in
times of great change. One-
to-One programs work with
your most trusted accounts
to innovate new solutions,
test new business models,
and obtain credible
references to leverage for
follow-on clients. One-to-Few
programs provide a bit more
scale with priority verticals
and early stage solutions.
And One-to-Many brings
rapid coverage when scale
matters most.
MARKETING
CREDIBILITY
The final reason is internal to
the marketing organization,
and it has to do with
strengthening the overall role
and reputation of marketing
across the company. Different
types of ABM are especially
helpful for different
objectives, such as generating
a broad base of demand,
strengthening company
reputation, or innovating new
solutions. But a truly strategic
marketing function should
support them all. With a
blended approach, marketers
can more easily meet the
diverse goals of key
stakeholders across the
organization.
With ABM, success breeds
success. Perhaps not
surprisingly, while only one-
third of ABM-ers today are
implementing more than one
type of ABM, almost two
thirds of high performing
ABM marketing organizations
are utilizing a blended
approach.
FOUR ESSENTIAL REASONS TO MOVE TO A BLENDED APPROACH:
1 2 3 4
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 12
CHAPTER 3:
SEVENCONSIDERATIONSFORA
BLENDEDSTRATEGY
So now you’re convinced!
It’s time to move toward a blended approach that provides
breadth and depth across multiple tiers of your accounts.
Regardless of your starting point, there are seven essential
considerations to keep in mind as you work toward the
right balance of scale and personalization.
ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 13
Michael Avis, Senior Director,
Account Based Marketing & Key
Accounts, Oracle EMEA Marketing
“Like many companies, we
segment our market and have
a classic pyramid with key
accounts atthe top and the
volume-market towards the
bottom.
We’re getting smarter as an
organization on using
appropriate forms of ABM on
that pyramid.
ABM can manifest itself in
different ways, according to
which customers you’re trying
to reach.”
For companies that have begun with
One-to-One, the first objective is often
scale: You wantto bring ABM to more
accounts, butdon’thave the resources
to bring highly customized programs to
dozens orhundreds of accounts.
Conversely, the first objective for
companies that begin with One-to-
Many is often depth: You wantto drive
even greater impact with some of your
most important accounts.
Beyond these basics, though,
companies are using differenttypes
ofABM to help drive a range of
corporate objectives, including:
• Opening new markets in different
industries or geographies
• Innovating new solutions
• Developing new reference
accounts
• Ensuring customer success
• Changing perceptions or
positioning
For any ofthese objectives, different
types ofABM can contribute,butoften in
differentways. For example, generating
one ora fewbig wins with brand name
accounts may be the best way to open
a new market,butquickly acquiring a few
dozen new logos may also do the trick.
Working with sales, finance, and other
groups across the company is
essential as you build outa set of
discrete ABM objectives tied to your
larger corporate goals.
1.ABM OBJECTIVES
First things first: what do you want to accomplish with a
blended approach?
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 14
A simple matrix can help plot accounts in the different categories. RELATIVE BUSINESSSTRENGTH
ACCOUNTATTRACTIVENESS
ONE-TO-ONE ACCOUNTS
2.ACCOUNTSELECTIONAND SEGMENTATION
Account selection is the foundation of any ABM program, but the decision
process becomes more complex as you develop a blended approach. Which
accounts should you include with the different types of ABM? Which strategy will
you apply to each of your accounts?
Generally speaking, you’ll want to consider two main criteria:
ACCOUNT ATTRACTIVENESS:
How attractive is the account to your business? Factors may include current or
potential future revenue, industry, referenceability, cultural fit, potential to buy
specific solutions, and competitive risk.
RELATIVE BUSINESS STRENGTH:
How well positioned is your firm to win, keep, or grow business with the account?
Factors here may include corporate reputation, existing business, and existing
relationships (sales, executives, etc.).
ONE-TO-FEW ACCOUNTS
ONE-TO-MANY ACCOUNTS
ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 15
Sales model and coverage. How is
sales organized? Is there a key account
program? Industry teams? Territory
managers? ABM should align as closely
as possible with the sales model. For
example, significant sales investment in
a key account program usually warrants
a parallel marketing investment in One-
to-One and/orOne-to-Few to cover
some orallof those accounts. An
enterprise teamfocused on several
hundred named accounts could be the
rightfitfor One-to-Many.
Corporate growth priorities. As noted
above, companies typically have a set
ofbusiness objectives that help drive
overall growth, including rollingoutnew
offerings, entering new markets, and
building new partnerships. Beyond
general revenue goals, these
objectives can help guide account
selection across the differenttypes
of ABM.
Marketing resources. We’ll talkmore
about organization below, butclearly
your overall budget, resource model,
and teamwill affect how you select,
segment, and limit your account list.
Each type of ABM has different
resource requirements, and you’ll
need to weigh differenttypes ofROI
to achieve the most appropriate
balance of breadth and depth.
Purchase intent. Do your targeted
companies have money to spend and
are they ready to buy? Lack ofbudget
orpurchase intent may not necessarily
disqualify accounts if they have longer
term potential,butunderstanding
customer readiness can play an
importantrole in segmenting and
prioritizing your lists.
Remember that account selection and
segmentation is not necessarily set in
stone. You’llwantto move some
accounts from one tier to another over
time, based on results and changing
business needs. Companies in your
One-to-Many group with great potential
growth may warrant movement to a
more focused type. Similarly,some
accounts that startin One-to-One or
One-to-Few may drop down when
conditions change.
Be careful, though, to avoid changing
lists too quickly. ABM often takes time
to produce results, and you need to
stay aligned with sales and other key
stakeholders.
ALONG WITH THE ACCOUNT MATRIX, THERE ARE SEVERAL OTHER
IMPORTANT FACTORS, INCLUDING:
Stephanie Deane, Head of Marketing,
ABM and Advocacy, O2 Business
“The initial mandate was to
build an account-based
marketing plan that would help
generate more partnership-
level reference accounts.
Because we had such great
results they asked us to bump
the program up from 8
accounts to 110. The way to do
that was to create the next tier
on a sector- rather than an
account-level. 80% is
consistent across the sector
with only 20% customized.”
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 16
3. CAMPAIGN DEVELOPMENT AND
MANAGEMENT
Campaign approaches and tactics often differ across
the different types of ABM, but four core principles
remain the same:
• Personalization based on customer insight to
the greatest possible extent
• Integrated programs with online and in-person
activities to drive cross-account engagement
• Tight alignment with sales
• Focus on long-term customer success, not justinitial
purchase
The main differences relate to the depth of research
and the degree of customization for each account.
• One-to-Many campaigns typically involve a
segmented approach to content and activities
(e.g., by industry,role,orbusiness need), with light
personalization.
• The segmentation gets much tighterwith One-to-
Few (e.g., CFOs at 10 large North American fast
food chains),with greater customization and
personalization.
• One-to-One emphasizes fully customized programs
for each account, with individualized content,briefings,
events, and otheractivities based on deep insight
about the key stakeholders within that specific
account.
TOP CAMPAIGN TACTICS FOR THE THREETYPES OF ABM
• Account-Specific
(Bespoke)
Thought
Leadership
• Innovation Days
• Executive
Engagement
Plans
• 1-to-1,Face-to-
Face Meetings
• Email Marketing
• Account-Specific
(Bespoke)
Thought
Leadership
• Roadshows/
Events
• Email Marketing
• Reverse IP/
Targeted Digital
Ads/Content/
Retargeting
• Roadshows/
Events
SEGMENTED &
PERSONALIZED
INDIVIDUALIZED CUSTOMIZED
Sources: ITSMA and ABM Leadership Alliance ABM Benchmarking Survey, July 2017
ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 17
Organizations with One-to-Many can
leverage existing content and events
with a new layer of customization, such
as adding more tightlyfocused data and
examples to an existing report on
financial services oradding a small,
invitation-only roundtable to a larger
industry event.
Similarly,companies with a more
customized approach can re-purpose
assets initially developed for one ora
small group ofaccounts by broadening
focus for larger segments.
Making thisallwork wellrequires careful
attention, and often revision, ofyour
content supply chain. You wantto
design for customization, and build
robust repositories ofassets such as
customer stories and industry points of
view that can be moved in and outof
differenttypes of content
and events.
MOVING TO A BLENDED APPROACH RELIES HEAVILY ON ADDING A
5TH PRINCIPLE TO THE CAMPAIGN MANAGEMENT LIST: LEVERAGE.
Masha Finkelstein, Director,
Demand Generation, BetterWorks
“We started with a list of the
Fortune 1000 accounts. The
goal was to identify accounts
that are more likely to convert
and become our customers
using AI and predictive
analytics.
Right now we only do one-to-
one marketing on request. Sales
will come to us and ask if we
can do something to help move
a prospect along. We suggest
ideas and execute.”
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 18
To succeed with a blended ABM strategy, your entire marketing team needs to be set up for success. Moving from a
traditional demand gen approach to ABM, or moving from one tier of ABM to another will likely generate new requirements
for your marketing team, and these can become a bit more complex as you move toward a blended approach.
First, you will need to decide on an
organizational structure for your ABM
focus. Ifyou’re a smaller company that
has decided to go “all in”with ABM, you
can probably focus your entire Demand
Generation team and bring in additional
support from corporate communications
and other marketing functions, as
needed.
For most companies, though, organizing
for ABM may not be that straightforward.
Program leadership is essential, and
usually this will mean a dedicated team or
function within the broader marketing
organizations to drive ABM strategy and
execution. Whether this is an ABM
Program Office or ABM Center of
Excellence at the corporate level, or a
committee of ABM leads from different
product teams, divisions, or regions, this
leadership team will be responsible for
the oversight and program execution,
coordination with the rest of marketing
and other stakeholder groups (especially
sales), training and professional
development, and metrics and review.
Next, to ensure success with a blended
approach, you’ll need different functions,
including account intelligence, campaign
planning, content creation, event
organizing, sales support, and other field
and demand roles. You’ll also want fully
dedicated marketers to support the One-
to-One and One-to-Few approaches
since they need to go deep within each
account or cluster, and work hand-in-hand
with account teams on heavily customized
programs.
To support this organizational
investment, you’ll want to consider
shifting staff and budgets from mass
marketing activities to more targeted
initiatives. This could mean cutting back
on national tradeshow sponsorships, for
example, or general brand or industry
advertising, and reinvesting it in more
field marketing. You may also need to
grow your team to support a new
blended approach.
Going broader and deeper with ABM
often requires new skillsets. ABM-ers
working on all three types need a
greater understanding of customers,
markets, and their own sales process;
they typically need more skills for
customizing content and events, working
directly with customers and prospects,
and tracking account-level engagement.
The data-driven quality of ABM is a
particularly big change, requiring
marketers to look beyond pre-sales
metrics like click-thru rates and download
stats and into revenue, opportunities,
average deal size, and funnel velocity. If
your business is testing new models or
entering new markets, you need people
who can separate the signal from the
noise and find the data to help create and
monitor progress toward those goals.
Finally, companies adding One-to-One
or One-to-Few approaches, you may
need more senior-level people with deep
expertise in a specific industry, ideally
including some sales or account
management experience as well.
4.ORGANIZATION AND SKILLS
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 19
5.TECHNOLOGY INFRASTRUCTURE
Technology didn’t play much of a role in early ABM
programs but it’s become more important as programs
have scaled and vendors have adapted and developed
new tools for program support.
For the most part,ABM-ers today are are still in the early
stages ofadopting specialized ABM-focused systems and
technology. But a large majority are using or are soon
implementing foundational technologies, such as CRM, digital
advertising and retargeting, marketing automation (MAS), and
customer or market insight. All of these tools play important
roles in supporting the move to a blended strategy, and you
may need to spend time adapting them to be more account-
focused. For instance, you’llwantto make sure that your CRM
and MAS solutions are able to report on accounts versus just
individual contacts.
As your sophistication with ABM grows and you look to
broaden and deepen your approach, you can look to a set
of more specialized tools that can support even great
productivity and impact. The technology wheel helps
highlight the wide variety oftools available in the
marketplace to help you with these challenges, and ensure
your program is data-driven and delivers maximum impact.
Needless to say, don’tpurchase technology ahead ofyour
need. New tools usually take longer to adopt and optimize
than you first think, and you’llwantto work closely with
marketing operations, sales support, and IT,among other key
stakeholders, to design an appropriate roadmap for
infrastructure optimization.
ABMTECH STACK
CATEGORIES OF ABM TECHNOLOGY
©Demandbase
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 20
BY WHAT PERCENTAGE
WILLYOUR ABM BUDGET
INCREASE IN FY2017
% of respondents (N=39)
mean =23.5%SPENDING PER ACCOUNT WITH ONE-TO-ONE
AND ONE-TO-FEW
6.BUDGETING FOR SUCCESS
Companies implementing ABM are already devoting 26% of
their total marketing budgets to ABM, according to our 2017
survey, and almost three quarters are planning on
increasing spending, often by 15%or more.
With a blended approach, you’llwantto consider dedicated
funding for each type ofABM to make sure you can provide
appropriate coverage for the differenttypes of programs
and accounts.
For example, One-to-One campaigns for high-value accounts
typically involve more face-to-face activities like demos or
innovation workshops that are toobudget-intensive to roll outto
the hundreds ofmore accounts that may be a partofyour
One-to-Many approach.
Whileyour budget per account will be much greater at thislevel,
these are the highest value accounts that can generate a
significant percentage ofyour revenue. On the flip side, your
budget per account will be far lower in the One-to-Many
approach, which makes sense as thisis more ofa volume based,
new logo acquisition approach.
Accounts
13
Mean ProgramSpend
$58,667
Accounts
50
Mean ProgramSpend
$3,723
26% 72%
of the marketing
budget dedicated to ABM
(N=44)
of companies will increase
their ABM budget in FY2017
(N=68)
ABM SPENDING AND BUDGET INCREASES
Sources: ITSMA and ABM Leadership Alliance ABM Benchmarking Survey, July 2017
< 5% 5−9% 10−14% >15%
10
3
39 48
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 21
One simple approach is to match
current or potential revenue with each
tier. So, if your One-to-One accounts
provide 30% of corporate revenue, you
might devote 30% of your ABM budget,
and so on.
But it’s usually not that simple!
As noted above, a blended ABM
strategy can provide vital contributions
to overall corporate strategy, and this
often suggests a somewhat different
approach.
Companies pushing hard into a new
market, for example, might prioritize a land
grab with new logos where the number of
new accounts is more important than
aggregate revenue. This could suggest a
heavier focus on One- to-Many in that
specific new market. Similarly, companies
that absolutely need to acquire, defend, or
expand certain key accounts may
“overinvest” in One-to-One
You’ll also want to make sure you budget
for overall program management and
review, which typically includes strategy
and planning, professional development,
best practice sharing, and coordination
with sales and other internal
stakeholders.
At the same time, you should absolutely
look to sales and potentially other
groups outside of marketing for budget
contributions. Sales is a common
contributor to One-to-One ABM
programs; leaders of key account
programs often “get”the value of such
targeted programs almost immediately.
Business unit leadership is another
common source of ABM funding.
DIVIDING ABM BUDGETS ACROSS THE DIFFERENT
TYPES IS ONE OF THE MOST IMPORTANT
CHALLENGES WITH A BLENDED STRATEGY.
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 22
AN ILLUSTRATIVE ABM PROGRAM DASHBOARD
7.MEASURINGAND COMMUNICATING IMPACT
The final consideration ties directly back to the first:
Measuring and communicating success with your most
important ABM objectives.
Regularly demonstrating progress with these core metrics
makes it much easier to keep everyone on the same page
and on board with your ABM program, especially as you
move to a more complex blended approach.
With alltypes ofABM, marketers today are emphasizing
revenue- focused metrics, such as pipeline, funnel velocity,
close rates,average deal size, and customer lifetime value. This
is a big shiftfor marketers that have previously highlighted
marketing-qualified leads, and it’s an importantone that brings
marketing closer to strategic business objectives and impact.
KPI DASHBOARD RELATIONSHIPS REVENUE REPUTATION
TOP METRICS • Coverage: number of
relationships across accounts;
new executive contacts
• Engagement: event
attendance, campaign
response rates, number of
meetings
• Strength of existing
relationships—negative/
neutral/positive
• Pipeline growth
• Revenue growth
• Deal size and type
• Portfolio penetration
• Total revenue tied to ABM
activities
• Share of wallet
• Win rate
• Sales and account team
satisfaction
• Net Promoter Scores (NPS)
• Brand perception
• Success stories, references, and
advocates
As we noted earlier,it’s also importantto pay close attentionto
othercorporate and sales initiatives.Not allrevenue is created
equal; opportunities and deals with new offerings, with
industry-leading accounts, and in entirelynew markets are
often especially significant. And with your most important
accounts, you’llwantto track the othertwo“R’s” of strategic
marketing, Reputation and Relationships, along with
Revenue.
Sharing results with key stakeholders in a high-level
dashboard orsimilartoolmakes it easier to communicate the
overall impact and ROI ofyour campaigns. Disciplined
measurement can provide data that helps the business
recognize emerging markettrends and opportunities that might
promptchanges not justin marketing strategy butin overall
business goals.
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 23
FINAL THOUGHTS
ABM leaders are already proving the power of this remarkable approach to generate
short-term ROI and long-term business success. All three types of ABM are proving
effective, but a blended approach can help you move even faster and further in
generating revenue, strengthening your reputation, and deepening your relationships
with key accounts and partners.
Moving to a blended approach requires careful thought and planning, and close
attention to the seven considerations outlined above. But now is the time.As
customers and competitors move as fast as possible to transform for success in our
digital, connected, and rapidly-changing markets, we have little time to waste!
ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 24
ROB LEAVITT
Senior Vice President,
ITSMA
Rob has spent most of the last 20 years
providing strategic guidance in thought
leadership, brand positioning and
account-based marketing to help B2B
technology and professional services
firms develop and extend market
leadership. He helped develop and
promote ITSMA’s initial ABM approach in
the early 2000’s, currently leads ITSMA’s
global membership community as well
as the company’s Thought Leadership
Council, participates in a range of
research, consulting, and training
programs for ITSMA corporate members
in areas including marketing strategy,
ABM, executive engagement, and
thought leadership.
JESSICA FEWLESS
Vice President, ABM Strategy &
Field Marketing, Demandbase
After 4+ years at Demandbase (and 20+
years in B2B Marketing), Jessica has
seen it all when it comes to Account-
Based Marketing. Playing an
instrumental role in Demandbase’s
rollout of an ABM strategy, and
educating over 1,000 B2B marketers on
the principles of ABM over the last 18
months,Jessica has become a resident
expert. From building the right target
account list and understanding the
impact of ABM on marketing programs,
to selling ABM within an organization
and finding budget for your strategy,
Jessica has worked with organizations
to build, hone, and measure the success
of their own ABM strategies.
ABOUT THE AUTHORS
ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 25
MOVING TO A
BLENDED
STRATEGY
ITSMA and Demandbase have
joined forces to accelerate thenext
wave of ABM with integrated
strategies and programs that span
thethree established approaches
to ABM:One-to-One, One-to-Few,
and One-to-Many. This new
blended approach will enable all
B2B marketers to drive account-
based impact with greater speed,
efficiency, and flexibility.
Together, thetwo companies provide
a sophisticated set of advisory,
education, process, and technology
capabilities that help companies
design new strategies and programs,
train their teams, implement new tools,
and pilot and grow all three types of
ABM programs.
ABOUT DEMANDBASE
Demandbase is the leader in
Account-Based Marketing (ABM). The
company offers the only Artificial
Intelligence-enabled, comprehensive
ABM platform that spans Advertising,
Marketing, Sales and Analytics.
Enterprise leaders and high-growth
companies such as Accenture, Adobe,
DocuSign, GE, Grainger, Salesforce
and others use Demandbase to drive
their ABM strategy and maximize
their marketing performance. The
company was named a Gartner Cool
Vendor for Tech Go-To Market in 2016.
For more information, please visit
www.demandbase.com or follow the
company on Twitter @Demandbase.
ABOUT ITSMA
For more than 20 years, ITSMA has
led the way in defining, building,
and inspiring excellence in B2B
marketing. With a dedicated focus
on services and solutions for the
connected economy, we provide
ourmember community with
insight, advice, and hands-on help
to strengthen reputation,increase
revenue, and deepen customer
relationships. ITSMA pioneered
Account-Based Marketing in 2003
and today offers a broad portfolioof
ABM research, events, consulting,
training, and coaching services. In
2017,ITSMA leaders Bev Burgess
and Dave Munn co-authored the
book, A Practitioner’s Guide to
Account-Based Marketing.
Learn more aboutITSMAatitsma.com.

More Related Content

What's hot

Allocadia Webinar - Creating the Foundation for ABM (feat. Engagio)
Allocadia Webinar - Creating the Foundation for ABM (feat. Engagio) Allocadia Webinar - Creating the Foundation for ABM (feat. Engagio)
Allocadia Webinar - Creating the Foundation for ABM (feat. Engagio)
Allocadia Software
 
Orchestrating Omnichannel ABM with B2B Data and Intelligence
Orchestrating Omnichannel ABM with B2B Data and IntelligenceOrchestrating Omnichannel ABM with B2B Data and Intelligence
Orchestrating Omnichannel ABM with B2B Data and Intelligence
Demandbase
 
Account based Marketing_whitepaper
Account based Marketing_whitepaperAccount based Marketing_whitepaper
Account based Marketing_whitepaper
sudha_20
 
Align Sales & Marketing with Sales Enablement [SiriusDecisions Summit 2017]
Align Sales & Marketing with Sales Enablement [SiriusDecisions Summit 2017]Align Sales & Marketing with Sales Enablement [SiriusDecisions Summit 2017]
Align Sales & Marketing with Sales Enablement [SiriusDecisions Summit 2017]
InsideView
 
How to Unify Sales and Marketing as Revenue Rockstar
How to Unify Sales and Marketing as Revenue RockstarHow to Unify Sales and Marketing as Revenue Rockstar
How to Unify Sales and Marketing as Revenue Rockstar
Demandbase
 
Modern marketing organizational structure @kaykas - jascha kaykas-wolff
Modern marketing organizational structure   @kaykas - jascha kaykas-wolffModern marketing organizational structure   @kaykas - jascha kaykas-wolff
Modern marketing organizational structure @kaykas - jascha kaykas-wolff
Jascha Kaykas-Wolff
 
Improving CX with AI: Microsoft Case Study [SiriusDecisions Summit 2017]
Improving CX with AI: Microsoft Case Study [SiriusDecisions Summit 2017]Improving CX with AI: Microsoft Case Study [SiriusDecisions Summit 2017]
Improving CX with AI: Microsoft Case Study [SiriusDecisions Summit 2017]
InsideView
 
Moving to ABM Maturity: ITSMA & ABMLA 2019 ABM Benchmark Study
Moving to ABM Maturity: ITSMA & ABMLA 2019 ABM Benchmark StudyMoving to ABM Maturity: ITSMA & ABMLA 2019 ABM Benchmark Study
Moving to ABM Maturity: ITSMA & ABMLA 2019 ABM Benchmark Study
Demandbase
 
The Next-Generation Sales Development Team
The Next-Generation Sales Development TeamThe Next-Generation Sales Development Team
The Next-Generation Sales Development Team
Televerde
 
Account based marketing: from strategy and plans to execution and insights
Account based marketing: from strategy and plans to execution and insightsAccount based marketing: from strategy and plans to execution and insights
Account based marketing: from strategy and plans to execution and insights
Engagio
 
GTM Strategy for IT Service
GTM Strategy for IT ServiceGTM Strategy for IT Service
GTM Strategy for IT Service
KameshwarDutt
 
Finding the Right Marketing Strategy
Finding the Right Marketing StrategyFinding the Right Marketing Strategy
Finding the Right Marketing Strategy
Kirk Coburn
 
But First, Segmentation!
But First, Segmentation! But First, Segmentation!
But First, Segmentation!
Demandbase
 
Hello, Account-Based Everything
Hello, Account-Based EverythingHello, Account-Based Everything
Hello, Account-Based Everything
Leadspace
 
What is Account-Based Marketing (ABM)
What is Account-Based Marketing (ABM)What is Account-Based Marketing (ABM)
What is Account-Based Marketing (ABM)
run_frictionless
 
Account-Based Marketing: Lessons In Scalability & Impact from 2 Client Journeys
Account-Based Marketing: Lessons In Scalability & Impact from 2 Client JourneysAccount-Based Marketing: Lessons In Scalability & Impact from 2 Client Journeys
Account-Based Marketing: Lessons In Scalability & Impact from 2 Client Journeys
Demandbase
 
SiriusDecisions Sales Enablement Market and Trends Survey Revealed
SiriusDecisions Sales Enablement Market and Trends Survey RevealedSiriusDecisions Sales Enablement Market and Trends Survey Revealed
SiriusDecisions Sales Enablement Market and Trends Survey Revealed
SAVO
 
The roi of marketing automation
The roi of marketing automationThe roi of marketing automation
The roi of marketing automation
Nuno Fraga Coelho
 
How Marketo Structures Marketing Operations
How Marketo Structures Marketing OperationsHow Marketo Structures Marketing Operations
How Marketo Structures Marketing Operations
Marketo
 
Secret Sauce for Outbound Marketing and Account Based Everything
Secret Sauce for Outbound Marketing and Account Based EverythingSecret Sauce for Outbound Marketing and Account Based Everything
Secret Sauce for Outbound Marketing and Account Based Everything
Engagio
 

What's hot (20)

Allocadia Webinar - Creating the Foundation for ABM (feat. Engagio)
Allocadia Webinar - Creating the Foundation for ABM (feat. Engagio) Allocadia Webinar - Creating the Foundation for ABM (feat. Engagio)
Allocadia Webinar - Creating the Foundation for ABM (feat. Engagio)
 
Orchestrating Omnichannel ABM with B2B Data and Intelligence
Orchestrating Omnichannel ABM with B2B Data and IntelligenceOrchestrating Omnichannel ABM with B2B Data and Intelligence
Orchestrating Omnichannel ABM with B2B Data and Intelligence
 
Account based Marketing_whitepaper
Account based Marketing_whitepaperAccount based Marketing_whitepaper
Account based Marketing_whitepaper
 
Align Sales & Marketing with Sales Enablement [SiriusDecisions Summit 2017]
Align Sales & Marketing with Sales Enablement [SiriusDecisions Summit 2017]Align Sales & Marketing with Sales Enablement [SiriusDecisions Summit 2017]
Align Sales & Marketing with Sales Enablement [SiriusDecisions Summit 2017]
 
How to Unify Sales and Marketing as Revenue Rockstar
How to Unify Sales and Marketing as Revenue RockstarHow to Unify Sales and Marketing as Revenue Rockstar
How to Unify Sales and Marketing as Revenue Rockstar
 
Modern marketing organizational structure @kaykas - jascha kaykas-wolff
Modern marketing organizational structure   @kaykas - jascha kaykas-wolffModern marketing organizational structure   @kaykas - jascha kaykas-wolff
Modern marketing organizational structure @kaykas - jascha kaykas-wolff
 
Improving CX with AI: Microsoft Case Study [SiriusDecisions Summit 2017]
Improving CX with AI: Microsoft Case Study [SiriusDecisions Summit 2017]Improving CX with AI: Microsoft Case Study [SiriusDecisions Summit 2017]
Improving CX with AI: Microsoft Case Study [SiriusDecisions Summit 2017]
 
Moving to ABM Maturity: ITSMA & ABMLA 2019 ABM Benchmark Study
Moving to ABM Maturity: ITSMA & ABMLA 2019 ABM Benchmark StudyMoving to ABM Maturity: ITSMA & ABMLA 2019 ABM Benchmark Study
Moving to ABM Maturity: ITSMA & ABMLA 2019 ABM Benchmark Study
 
The Next-Generation Sales Development Team
The Next-Generation Sales Development TeamThe Next-Generation Sales Development Team
The Next-Generation Sales Development Team
 
Account based marketing: from strategy and plans to execution and insights
Account based marketing: from strategy and plans to execution and insightsAccount based marketing: from strategy and plans to execution and insights
Account based marketing: from strategy and plans to execution and insights
 
GTM Strategy for IT Service
GTM Strategy for IT ServiceGTM Strategy for IT Service
GTM Strategy for IT Service
 
Finding the Right Marketing Strategy
Finding the Right Marketing StrategyFinding the Right Marketing Strategy
Finding the Right Marketing Strategy
 
But First, Segmentation!
But First, Segmentation! But First, Segmentation!
But First, Segmentation!
 
Hello, Account-Based Everything
Hello, Account-Based EverythingHello, Account-Based Everything
Hello, Account-Based Everything
 
What is Account-Based Marketing (ABM)
What is Account-Based Marketing (ABM)What is Account-Based Marketing (ABM)
What is Account-Based Marketing (ABM)
 
Account-Based Marketing: Lessons In Scalability & Impact from 2 Client Journeys
Account-Based Marketing: Lessons In Scalability & Impact from 2 Client JourneysAccount-Based Marketing: Lessons In Scalability & Impact from 2 Client Journeys
Account-Based Marketing: Lessons In Scalability & Impact from 2 Client Journeys
 
SiriusDecisions Sales Enablement Market and Trends Survey Revealed
SiriusDecisions Sales Enablement Market and Trends Survey RevealedSiriusDecisions Sales Enablement Market and Trends Survey Revealed
SiriusDecisions Sales Enablement Market and Trends Survey Revealed
 
The roi of marketing automation
The roi of marketing automationThe roi of marketing automation
The roi of marketing automation
 
How Marketo Structures Marketing Operations
How Marketo Structures Marketing OperationsHow Marketo Structures Marketing Operations
How Marketo Structures Marketing Operations
 
Secret Sauce for Outbound Marketing and Account Based Everything
Secret Sauce for Outbound Marketing and Account Based EverythingSecret Sauce for Outbound Marketing and Account Based Everything
Secret Sauce for Outbound Marketing and Account Based Everything
 

Viewers also liked

Online Marketing, Google, Youtube and Facebook Advertising by ghanchimedia.com
Online Marketing, Google, Youtube and Facebook Advertising by ghanchimedia.comOnline Marketing, Google, Youtube and Facebook Advertising by ghanchimedia.com
Online Marketing, Google, Youtube and Facebook Advertising by ghanchimedia.com
Ghanchi Media
 
P. S. Engineering Works, Delhi, Tents, Advertising Boards
P. S. Engineering Works, Delhi, Tents, Advertising BoardsP. S. Engineering Works, Delhi, Tents, Advertising Boards
P. S. Engineering Works, Delhi, Tents, Advertising Boards
IndiaMART InterMESH Limited
 
Digital Marketing Audit Template (2016)
Digital Marketing Audit Template (2016)Digital Marketing Audit Template (2016)
Digital Marketing Audit Template (2016)
Tim Bourgeois
 
Digital Marketing Proposal
Digital Marketing Proposal Digital Marketing Proposal
Digital Marketing Proposal
Prince Rajput
 
10 Inspiring Zappos Customer Support Stories
10 Inspiring Zappos Customer Support Stories10 Inspiring Zappos Customer Support Stories
10 Inspiring Zappos Customer Support Stories
Infinit-O Global, Limited
 
Xu hướng Digital marketing 2016 -2017 - 2018 - bản đầy đủ nhất Thế giới
Xu hướng Digital marketing 2016 -2017 - 2018 - bản đầy đủ nhất Thế giớiXu hướng Digital marketing 2016 -2017 - 2018 - bản đầy đủ nhất Thế giới
Xu hướng Digital marketing 2016 -2017 - 2018 - bản đầy đủ nhất Thế giới
Vinalink Media JSC
 
Digital Marketing proposal
Digital Marketing proposalDigital Marketing proposal
Digital Marketing proposal
Vibes Communications Pvt Ltd
 
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
Carol Smith
 

Viewers also liked (8)

Online Marketing, Google, Youtube and Facebook Advertising by ghanchimedia.com
Online Marketing, Google, Youtube and Facebook Advertising by ghanchimedia.comOnline Marketing, Google, Youtube and Facebook Advertising by ghanchimedia.com
Online Marketing, Google, Youtube and Facebook Advertising by ghanchimedia.com
 
P. S. Engineering Works, Delhi, Tents, Advertising Boards
P. S. Engineering Works, Delhi, Tents, Advertising BoardsP. S. Engineering Works, Delhi, Tents, Advertising Boards
P. S. Engineering Works, Delhi, Tents, Advertising Boards
 
Digital Marketing Audit Template (2016)
Digital Marketing Audit Template (2016)Digital Marketing Audit Template (2016)
Digital Marketing Audit Template (2016)
 
Digital Marketing Proposal
Digital Marketing Proposal Digital Marketing Proposal
Digital Marketing Proposal
 
10 Inspiring Zappos Customer Support Stories
10 Inspiring Zappos Customer Support Stories10 Inspiring Zappos Customer Support Stories
10 Inspiring Zappos Customer Support Stories
 
Xu hướng Digital marketing 2016 -2017 - 2018 - bản đầy đủ nhất Thế giới
Xu hướng Digital marketing 2016 -2017 - 2018 - bản đầy đủ nhất Thế giớiXu hướng Digital marketing 2016 -2017 - 2018 - bản đầy đủ nhất Thế giới
Xu hướng Digital marketing 2016 -2017 - 2018 - bản đầy đủ nhất Thế giới
 
Digital Marketing proposal
Digital Marketing proposalDigital Marketing proposal
Digital Marketing proposal
 
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
 

Similar to Accelerating ABM Impact: The Case for a Blended Approach

Times Are a-Changin’: Agencies and the New ABM Ecosystem
Times Are a-Changin’: Agencies and the New ABM EcosystemTimes Are a-Changin’: Agencies and the New ABM Ecosystem
Times Are a-Changin’: Agencies and the New ABM Ecosystem
Demandbase
 
The Adaptive ABM Handbook
The Adaptive ABM HandbookThe Adaptive ABM Handbook
The Adaptive ABM Handbook
Kwanzoo Inc
 
Account Based Marketing: A Look Around the Corner
Account Based Marketing: A Look Around the CornerAccount Based Marketing: A Look Around the Corner
Account Based Marketing: A Look Around the Corner
MRP
 
Customer Advocacy: Account-Based Marketing's Secret Weapon
Customer Advocacy: Account-Based Marketing's Secret WeaponCustomer Advocacy: Account-Based Marketing's Secret Weapon
Customer Advocacy: Account-Based Marketing's Secret Weapon
Influitive
 
6 ABM Myths and How to Conquer Them | Engagio & AdRoll
6 ABM Myths and How to Conquer Them |  Engagio & AdRoll6 ABM Myths and How to Conquer Them |  Engagio & AdRoll
6 ABM Myths and How to Conquer Them | Engagio & AdRoll
Engagio
 
How Best-In-Class B2B Organizations Operationalize ABM
How Best-In-Class B2B Organizations Operationalize ABMHow Best-In-Class B2B Organizations Operationalize ABM
How Best-In-Class B2B Organizations Operationalize ABM
G3 Communications
 
Top 6 Considerations for ABM in 2018
Top 6 Considerations for ABM in 2018Top 6 Considerations for ABM in 2018
Top 6 Considerations for ABM in 2018
Demandbase
 
Improve Sales and Marketing Collaboration with ABM
Improve Sales and Marketing Collaboration with ABMImprove Sales and Marketing Collaboration with ABM
Improve Sales and Marketing Collaboration with ABM
Marketo
 
Unstoppable ABM | The Account-based Marketing playbook | Recotap
Unstoppable ABM | The Account-based Marketing playbook | RecotapUnstoppable ABM | The Account-based Marketing playbook | Recotap
Unstoppable ABM | The Account-based Marketing playbook | Recotap
Recotap
 
LinkedIn ABM
LinkedIn ABMLinkedIn ABM
LinkedIn ABM
Amr Khalifeh
 
Forrester account-based advertising with demandbase
Forrester   account-based advertising with demandbaseForrester   account-based advertising with demandbase
Forrester account-based advertising with demandbase
Demandbase
 
Forrester account-based advertising with demandbase
Forrester   account-based advertising with demandbaseForrester   account-based advertising with demandbase
Forrester account-based advertising with demandbase
Demandbase
 
2014 Inbound Marketing Benchmark Survey: Trends by Company Size
2014 Inbound Marketing Benchmark Survey: Trends by Company Size2014 Inbound Marketing Benchmark Survey: Trends by Company Size
2014 Inbound Marketing Benchmark Survey: Trends by Company Size
Courtney Caldwell, MBA
 
What is ABM
What is ABMWhat is ABM
What is ABM
Drift
 
Optimizing Your Investments in ABM
Optimizing Your Investments in ABMOptimizing Your Investments in ABM
Optimizing Your Investments in ABM
Demandbase
 
Anatomy of-account-based-marketing
Anatomy of-account-based-marketingAnatomy of-account-based-marketing
Anatomy of-account-based-marketing
Aman Bhandari
 
Is ABM Right For You?
Is ABM Right For You?Is ABM Right For You?
Is ABM Right For You?
DemandGen
 
Account
AccountAccount
Why Account-Based Marketing is Inevitable | Engagio
Why Account-Based Marketing is Inevitable | EngagioWhy Account-Based Marketing is Inevitable | Engagio
Why Account-Based Marketing is Inevitable | Engagio
Engagio
 
Account-based marketing: Engaging high-potential B2B prospects
Account-based marketing: Engaging high-potential B2B prospectsAccount-based marketing: Engaging high-potential B2B prospects
Account-based marketing: Engaging high-potential B2B prospects
Eric Mower + Associates
 

Similar to Accelerating ABM Impact: The Case for a Blended Approach (20)

Times Are a-Changin’: Agencies and the New ABM Ecosystem
Times Are a-Changin’: Agencies and the New ABM EcosystemTimes Are a-Changin’: Agencies and the New ABM Ecosystem
Times Are a-Changin’: Agencies and the New ABM Ecosystem
 
The Adaptive ABM Handbook
The Adaptive ABM HandbookThe Adaptive ABM Handbook
The Adaptive ABM Handbook
 
Account Based Marketing: A Look Around the Corner
Account Based Marketing: A Look Around the CornerAccount Based Marketing: A Look Around the Corner
Account Based Marketing: A Look Around the Corner
 
Customer Advocacy: Account-Based Marketing's Secret Weapon
Customer Advocacy: Account-Based Marketing's Secret WeaponCustomer Advocacy: Account-Based Marketing's Secret Weapon
Customer Advocacy: Account-Based Marketing's Secret Weapon
 
6 ABM Myths and How to Conquer Them | Engagio & AdRoll
6 ABM Myths and How to Conquer Them |  Engagio & AdRoll6 ABM Myths and How to Conquer Them |  Engagio & AdRoll
6 ABM Myths and How to Conquer Them | Engagio & AdRoll
 
How Best-In-Class B2B Organizations Operationalize ABM
How Best-In-Class B2B Organizations Operationalize ABMHow Best-In-Class B2B Organizations Operationalize ABM
How Best-In-Class B2B Organizations Operationalize ABM
 
Top 6 Considerations for ABM in 2018
Top 6 Considerations for ABM in 2018Top 6 Considerations for ABM in 2018
Top 6 Considerations for ABM in 2018
 
Improve Sales and Marketing Collaboration with ABM
Improve Sales and Marketing Collaboration with ABMImprove Sales and Marketing Collaboration with ABM
Improve Sales and Marketing Collaboration with ABM
 
Unstoppable ABM | The Account-based Marketing playbook | Recotap
Unstoppable ABM | The Account-based Marketing playbook | RecotapUnstoppable ABM | The Account-based Marketing playbook | Recotap
Unstoppable ABM | The Account-based Marketing playbook | Recotap
 
LinkedIn ABM
LinkedIn ABMLinkedIn ABM
LinkedIn ABM
 
Forrester account-based advertising with demandbase
Forrester   account-based advertising with demandbaseForrester   account-based advertising with demandbase
Forrester account-based advertising with demandbase
 
Forrester account-based advertising with demandbase
Forrester   account-based advertising with demandbaseForrester   account-based advertising with demandbase
Forrester account-based advertising with demandbase
 
2014 Inbound Marketing Benchmark Survey: Trends by Company Size
2014 Inbound Marketing Benchmark Survey: Trends by Company Size2014 Inbound Marketing Benchmark Survey: Trends by Company Size
2014 Inbound Marketing Benchmark Survey: Trends by Company Size
 
What is ABM
What is ABMWhat is ABM
What is ABM
 
Optimizing Your Investments in ABM
Optimizing Your Investments in ABMOptimizing Your Investments in ABM
Optimizing Your Investments in ABM
 
Anatomy of-account-based-marketing
Anatomy of-account-based-marketingAnatomy of-account-based-marketing
Anatomy of-account-based-marketing
 
Is ABM Right For You?
Is ABM Right For You?Is ABM Right For You?
Is ABM Right For You?
 
Account
AccountAccount
Account
 
Why Account-Based Marketing is Inevitable | Engagio
Why Account-Based Marketing is Inevitable | EngagioWhy Account-Based Marketing is Inevitable | Engagio
Why Account-Based Marketing is Inevitable | Engagio
 
Account-based marketing: Engaging high-potential B2B prospects
Account-based marketing: Engaging high-potential B2B prospectsAccount-based marketing: Engaging high-potential B2B prospects
Account-based marketing: Engaging high-potential B2B prospects
 

More from ITSMA

Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
ITSMA
 
Stregthening Executive Engagement: Four Keys to Building Trust
Stregthening Executive Engagement: Four Keys to Building TrustStregthening Executive Engagement: Four Keys to Building Trust
Stregthening Executive Engagement: Four Keys to Building Trust
ITSMA
 
B2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
B2B Marketing Personalization Survey: Valuable Lessons from Industry LeadersB2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
B2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
ITSMA
 
ITSMA Infographic Six Steps to Engaging the C-Suite
ITSMA Infographic Six Steps to Engaging the C-SuiteITSMA Infographic Six Steps to Engaging the C-Suite
ITSMA Infographic Six Steps to Engaging the C-Suite
ITSMA
 
ITSMA Infographic - Marketing Priorities for Executive Engagement
ITSMA Infographic - Marketing Priorities for Executive EngagementITSMA Infographic - Marketing Priorities for Executive Engagement
ITSMA Infographic - Marketing Priorities for Executive Engagement
ITSMA
 
ITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA Insight-Led Marketing Survey Abbreviated SummaryITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA
 
ITSMA B2B Services Marketing Budget and Trends 2014 Infographic
ITSMA B2B Services Marketing Budget and Trends 2014 InfographicITSMA B2B Services Marketing Budget and Trends 2014 Infographic
ITSMA B2B Services Marketing Budget and Trends 2014 Infographic
ITSMA
 
The Best of ITSMA’s 20th Annual Conference
The Best of ITSMA’s 20th Annual ConferenceThe Best of ITSMA’s 20th Annual Conference
The Best of ITSMA’s 20th Annual Conference
ITSMA
 
ITSMA Online Survey: Account Based Marketing and ROI: Building the Case for ...
ITSMA Online Survey:  Account Based Marketing and ROI: Building the Case for ...ITSMA Online Survey:  Account Based Marketing and ROI: Building the Case for ...
ITSMA Online Survey: Account Based Marketing and ROI: Building the Case for ...
ITSMA
 
ITSMA Marketing Excellence Awards 2012 winners
ITSMA Marketing Excellence Awards 2012 winnersITSMA Marketing Excellence Awards 2012 winners
ITSMA Marketing Excellence Awards 2012 winners
ITSMA
 
ITSMA Marketing Strategist Top 10 B2B Marketing Stories
ITSMA Marketing Strategist Top 10 B2B Marketing StoriesITSMA Marketing Strategist Top 10 B2B Marketing Stories
ITSMA Marketing Strategist Top 10 B2B Marketing Stories
ITSMA
 
ITSMA's 2010 Marketing Leadership Forum - Highlights
ITSMA's 2010 Marketing Leadership Forum - HighlightsITSMA's 2010 Marketing Leadership Forum - Highlights
ITSMA's 2010 Marketing Leadership Forum - Highlights
ITSMA
 
ITSMA Services Marketing Budgets And Benchmarks 2008
ITSMA Services Marketing Budgets And Benchmarks 2008ITSMA Services Marketing Budgets And Benchmarks 2008
ITSMA Services Marketing Budgets And Benchmarks 2008
ITSMA
 
How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009
ITSMA
 
Web 2.0 Gets Strategic
Web 2.0 Gets StrategicWeb 2.0 Gets Strategic
Web 2.0 Gets Strategic
ITSMA
 

More from ITSMA (15)

Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
 
Stregthening Executive Engagement: Four Keys to Building Trust
Stregthening Executive Engagement: Four Keys to Building TrustStregthening Executive Engagement: Four Keys to Building Trust
Stregthening Executive Engagement: Four Keys to Building Trust
 
B2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
B2B Marketing Personalization Survey: Valuable Lessons from Industry LeadersB2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
B2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
 
ITSMA Infographic Six Steps to Engaging the C-Suite
ITSMA Infographic Six Steps to Engaging the C-SuiteITSMA Infographic Six Steps to Engaging the C-Suite
ITSMA Infographic Six Steps to Engaging the C-Suite
 
ITSMA Infographic - Marketing Priorities for Executive Engagement
ITSMA Infographic - Marketing Priorities for Executive EngagementITSMA Infographic - Marketing Priorities for Executive Engagement
ITSMA Infographic - Marketing Priorities for Executive Engagement
 
ITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA Insight-Led Marketing Survey Abbreviated SummaryITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA Insight-Led Marketing Survey Abbreviated Summary
 
ITSMA B2B Services Marketing Budget and Trends 2014 Infographic
ITSMA B2B Services Marketing Budget and Trends 2014 InfographicITSMA B2B Services Marketing Budget and Trends 2014 Infographic
ITSMA B2B Services Marketing Budget and Trends 2014 Infographic
 
The Best of ITSMA’s 20th Annual Conference
The Best of ITSMA’s 20th Annual ConferenceThe Best of ITSMA’s 20th Annual Conference
The Best of ITSMA’s 20th Annual Conference
 
ITSMA Online Survey: Account Based Marketing and ROI: Building the Case for ...
ITSMA Online Survey:  Account Based Marketing and ROI: Building the Case for ...ITSMA Online Survey:  Account Based Marketing and ROI: Building the Case for ...
ITSMA Online Survey: Account Based Marketing and ROI: Building the Case for ...
 
ITSMA Marketing Excellence Awards 2012 winners
ITSMA Marketing Excellence Awards 2012 winnersITSMA Marketing Excellence Awards 2012 winners
ITSMA Marketing Excellence Awards 2012 winners
 
ITSMA Marketing Strategist Top 10 B2B Marketing Stories
ITSMA Marketing Strategist Top 10 B2B Marketing StoriesITSMA Marketing Strategist Top 10 B2B Marketing Stories
ITSMA Marketing Strategist Top 10 B2B Marketing Stories
 
ITSMA's 2010 Marketing Leadership Forum - Highlights
ITSMA's 2010 Marketing Leadership Forum - HighlightsITSMA's 2010 Marketing Leadership Forum - Highlights
ITSMA's 2010 Marketing Leadership Forum - Highlights
 
ITSMA Services Marketing Budgets And Benchmarks 2008
ITSMA Services Marketing Budgets And Benchmarks 2008ITSMA Services Marketing Budgets And Benchmarks 2008
ITSMA Services Marketing Budgets And Benchmarks 2008
 
How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009
 
Web 2.0 Gets Strategic
Web 2.0 Gets StrategicWeb 2.0 Gets Strategic
Web 2.0 Gets Strategic
 

Recently uploaded

3 Types Of PR & SEO Funnels That Will Maximize Conversions.pdf
3 Types Of PR & SEO Funnels That Will Maximize Conversions.pdf3 Types Of PR & SEO Funnels That Will Maximize Conversions.pdf
3 Types Of PR & SEO Funnels That Will Maximize Conversions.pdf
search engine jornal
 
Ranking in AI-powered Search - Berlin SEO & Content Club 2024
Ranking in AI-powered Search - Berlin SEO & Content Club  2024Ranking in AI-powered Search - Berlin SEO & Content Club  2024
Ranking in AI-powered Search - Berlin SEO & Content Club 2024
Flow Agency (formerly Flow SEO)
 
"Bhaktimay Hanuman: Embodiment of Devotion and Strength"
"Bhaktimay Hanuman: Embodiment of Devotion and Strength""Bhaktimay Hanuman: Embodiment of Devotion and Strength"
"Bhaktimay Hanuman: Embodiment of Devotion and Strength"
iamnavigato
 
How to Build AI Chatbots in Minutes and Deploy Across Multi-Channels
How to Build AI Chatbots in Minutes and Deploy Across Multi-ChannelsHow to Build AI Chatbots in Minutes and Deploy Across Multi-Channels
How to Build AI Chatbots in Minutes and Deploy Across Multi-Channels
Vbout.com
 
"Crafting Interactive Metaverse Games: Development Solutions"
"Crafting Interactive Metaverse Games: Development Solutions""Crafting Interactive Metaverse Games: Development Solutions"
"Crafting Interactive Metaverse Games: Development Solutions"
Donna Lenk
 
Factsheet pdf
Factsheet                            pdfFactsheet                            pdf
Factsheet pdf
Kaushal445159
 
How to Start Your Influencer Marketing Career
How to Start Your Influencer Marketing CareerHow to Start Your Influencer Marketing Career
How to Start Your Influencer Marketing Career
gchaitya21
 
The Marketing Vunerabilities in Tech and IP-Led Companies
The Marketing Vunerabilities in Tech and IP-Led CompaniesThe Marketing Vunerabilities in Tech and IP-Led Companies
The Marketing Vunerabilities in Tech and IP-Led Companies
Bethan Vincent
 
Do's and Don'ts: How to Pitch Your Press Release to Journalists
Do's and Don'ts: How to Pitch Your Press Release to JournalistsDo's and Don'ts: How to Pitch Your Press Release to Journalists
Do's and Don'ts: How to Pitch Your Press Release to Journalists
Aggregage
 
Distribution Decision concept by sandesh acharya (1).pptx
Distribution Decision concept by sandesh acharya (1).pptxDistribution Decision concept by sandesh acharya (1).pptx
Distribution Decision concept by sandesh acharya (1).pptx
SandeshAcharya17
 
Mobile App UI Design Trends .pdf
Mobile App UI Design Trends             .pdfMobile App UI Design Trends             .pdf
Mobile App UI Design Trends .pdf
technologiesintelio
 
Segmentation, Targeting and positioning (1).pptx
Segmentation, Targeting and positioning (1).pptxSegmentation, Targeting and positioning (1).pptx
Segmentation, Targeting and positioning (1).pptx
SandeshAcharya17
 
Bumble users can use Al generated photos
Bumble users can use Al generated photosBumble users can use Al generated photos
Bumble users can use Al generated photos
techkidunia
 
MKT460: Strategic Marketing_ SeH_ Kishwan Cookies.pdf
MKT460: Strategic Marketing_ SeH_ Kishwan Cookies.pdfMKT460: Strategic Marketing_ SeH_ Kishwan Cookies.pdf
MKT460: Strategic Marketing_ SeH_ Kishwan Cookies.pdf
Mohammad Tauhidul Islam Khan Rifat
 
Online Digital Marketing course intelugu
Online Digital Marketing course inteluguOnline Digital Marketing course intelugu
Online Digital Marketing course intelugu
thotadivya582
 
Top SERP Ranking Factors You Need to Know for 2024 - SkillFloor.pdf
Top SERP Ranking Factors You Need to Know for 2024 - SkillFloor.pdfTop SERP Ranking Factors You Need to Know for 2024 - SkillFloor.pdf
Top SERP Ranking Factors You Need to Know for 2024 - SkillFloor.pdf
pradmin
 
CAMPUSEDGE ENETERPRISE RESOURCE MANAGEMENT SOFTWARE
CAMPUSEDGE ENETERPRISE RESOURCE MANAGEMENT SOFTWARECAMPUSEDGE ENETERPRISE RESOURCE MANAGEMENT SOFTWARE
CAMPUSEDGE ENETERPRISE RESOURCE MANAGEMENT SOFTWARE
solitaireshubham
 
Chandigarh Institute of Internet Marketing
Chandigarh Institute of Internet MarketingChandigarh Institute of Internet Marketing
Chandigarh Institute of Internet Marketing
CIIM
 
The Power of Micro Influencers in Influencer Marketing.pptx
The Power of Micro Influencers in Influencer Marketing.pptxThe Power of Micro Influencers in Influencer Marketing.pptx
The Power of Micro Influencers in Influencer Marketing.pptx
Inflyx
 
1704373070-KIM_-_ITI_ELSS_Tax_Saver_Fund.pdf
1704373070-KIM_-_ITI_ELSS_Tax_Saver_Fund.pdf1704373070-KIM_-_ITI_ELSS_Tax_Saver_Fund.pdf
1704373070-KIM_-_ITI_ELSS_Tax_Saver_Fund.pdf
Kaushal445159
 

Recently uploaded (20)

3 Types Of PR & SEO Funnels That Will Maximize Conversions.pdf
3 Types Of PR & SEO Funnels That Will Maximize Conversions.pdf3 Types Of PR & SEO Funnels That Will Maximize Conversions.pdf
3 Types Of PR & SEO Funnels That Will Maximize Conversions.pdf
 
Ranking in AI-powered Search - Berlin SEO & Content Club 2024
Ranking in AI-powered Search - Berlin SEO & Content Club  2024Ranking in AI-powered Search - Berlin SEO & Content Club  2024
Ranking in AI-powered Search - Berlin SEO & Content Club 2024
 
"Bhaktimay Hanuman: Embodiment of Devotion and Strength"
"Bhaktimay Hanuman: Embodiment of Devotion and Strength""Bhaktimay Hanuman: Embodiment of Devotion and Strength"
"Bhaktimay Hanuman: Embodiment of Devotion and Strength"
 
How to Build AI Chatbots in Minutes and Deploy Across Multi-Channels
How to Build AI Chatbots in Minutes and Deploy Across Multi-ChannelsHow to Build AI Chatbots in Minutes and Deploy Across Multi-Channels
How to Build AI Chatbots in Minutes and Deploy Across Multi-Channels
 
"Crafting Interactive Metaverse Games: Development Solutions"
"Crafting Interactive Metaverse Games: Development Solutions""Crafting Interactive Metaverse Games: Development Solutions"
"Crafting Interactive Metaverse Games: Development Solutions"
 
Factsheet pdf
Factsheet                            pdfFactsheet                            pdf
Factsheet pdf
 
How to Start Your Influencer Marketing Career
How to Start Your Influencer Marketing CareerHow to Start Your Influencer Marketing Career
How to Start Your Influencer Marketing Career
 
The Marketing Vunerabilities in Tech and IP-Led Companies
The Marketing Vunerabilities in Tech and IP-Led CompaniesThe Marketing Vunerabilities in Tech and IP-Led Companies
The Marketing Vunerabilities in Tech and IP-Led Companies
 
Do's and Don'ts: How to Pitch Your Press Release to Journalists
Do's and Don'ts: How to Pitch Your Press Release to JournalistsDo's and Don'ts: How to Pitch Your Press Release to Journalists
Do's and Don'ts: How to Pitch Your Press Release to Journalists
 
Distribution Decision concept by sandesh acharya (1).pptx
Distribution Decision concept by sandesh acharya (1).pptxDistribution Decision concept by sandesh acharya (1).pptx
Distribution Decision concept by sandesh acharya (1).pptx
 
Mobile App UI Design Trends .pdf
Mobile App UI Design Trends             .pdfMobile App UI Design Trends             .pdf
Mobile App UI Design Trends .pdf
 
Segmentation, Targeting and positioning (1).pptx
Segmentation, Targeting and positioning (1).pptxSegmentation, Targeting and positioning (1).pptx
Segmentation, Targeting and positioning (1).pptx
 
Bumble users can use Al generated photos
Bumble users can use Al generated photosBumble users can use Al generated photos
Bumble users can use Al generated photos
 
MKT460: Strategic Marketing_ SeH_ Kishwan Cookies.pdf
MKT460: Strategic Marketing_ SeH_ Kishwan Cookies.pdfMKT460: Strategic Marketing_ SeH_ Kishwan Cookies.pdf
MKT460: Strategic Marketing_ SeH_ Kishwan Cookies.pdf
 
Online Digital Marketing course intelugu
Online Digital Marketing course inteluguOnline Digital Marketing course intelugu
Online Digital Marketing course intelugu
 
Top SERP Ranking Factors You Need to Know for 2024 - SkillFloor.pdf
Top SERP Ranking Factors You Need to Know for 2024 - SkillFloor.pdfTop SERP Ranking Factors You Need to Know for 2024 - SkillFloor.pdf
Top SERP Ranking Factors You Need to Know for 2024 - SkillFloor.pdf
 
CAMPUSEDGE ENETERPRISE RESOURCE MANAGEMENT SOFTWARE
CAMPUSEDGE ENETERPRISE RESOURCE MANAGEMENT SOFTWARECAMPUSEDGE ENETERPRISE RESOURCE MANAGEMENT SOFTWARE
CAMPUSEDGE ENETERPRISE RESOURCE MANAGEMENT SOFTWARE
 
Chandigarh Institute of Internet Marketing
Chandigarh Institute of Internet MarketingChandigarh Institute of Internet Marketing
Chandigarh Institute of Internet Marketing
 
The Power of Micro Influencers in Influencer Marketing.pptx
The Power of Micro Influencers in Influencer Marketing.pptxThe Power of Micro Influencers in Influencer Marketing.pptx
The Power of Micro Influencers in Influencer Marketing.pptx
 
1704373070-KIM_-_ITI_ELSS_Tax_Saver_Fund.pdf
1704373070-KIM_-_ITI_ELSS_Tax_Saver_Fund.pdf1704373070-KIM_-_ITI_ELSS_Tax_Saver_Fund.pdf
1704373070-KIM_-_ITI_ELSS_Tax_Saver_Fund.pdf
 

Accelerating ABM Impact: The Case for a Blended Approach

  • 1. ROB LEAVITT, Senior Vice President, ITSMA JESSICA FEWLESS, Vice President, ABM Strategy & Field Marketing, Demandbase Accelerating THE CASE FOR A BLENDED APPROACH Why and How Companies Can Succeedwith a More Comprehensive ABM Strategy eBook | October 2017 ABM Impact
  • 2. ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 2 INTRODUCTION The movement of Account-Based Marketing (ABM) from marginal to mainstream has been dramatic. Pioneered in the early 2000’s by a handful of large technology and B2B services organizations, ABM has now taken center stage with B2B marketing organizations of all shapes and sizes. The reasons why are not mysterious: • Buyers are tuning out all but the most relevant offers and content • Marketers have access to powerful new tools to support targeting and personalization • Early ABM leaders have demonstrated the value of the approach According to 2017 benchmark research conducted by ITSMA and the ABM Leadership Alliance, 87% ofmarketers doing ABM now say that the approach delivers greater ROI thanallothertypes of marketing. 87% OF COMPANIES SAY ABM DELIVERS HIGHER ROI THAN ALL OTHER TYPES OF MARKETING.
  • 3. ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 3 The goal of this eBook is to pull together the different strands of ABM and make the case fora blended approach. We’ll explain the three main types companies are implementing today,why they all have their place in an integrated strategy, and how best to utilize them to provide both breadth and depth with marketing coverage of your most important clients and prospects. ABM PROVIDES STRATEGIC BUSINESS BENEFITS BEYOND LEAD GENERATION AND NEAR-TERM REVENUE. As with many rapid moves into “thenext new thing,” however, ABM is also subject to a great deal ofconfusion and disagreement. Is it best suited for acquiring new clients orexpanding within existing accounts? Is it mostly for large enterprise accounts ora broader set ofclients and prospects? What tools and tactics are best? Is sales collaboration truly necessary orcan marketers mostly go it alone? With highly-targeted ABM programs, companies are accelerating the move into new markets, driving adoption of new solutions, and helping establish trustedadvisory relationships with key clients and partners. The reality is that different approaches to ABM have emerged over the last few years and not everyone is speaking the same language
  • 4. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 4 “We’ve proven that ABM is a successful partof what we do in marketing.Without ABM we’d be struggling to achieve ourKPIs. So ABM is kind of a hero.” Andrea Clatworthy, Head of Account Based and Deal Based Marketing, EMEIA, Fujitsu “We recognized that ourmarketing spend was inefficient and lead volume wasn’t a valuable metric for us anymore. We knew there had to be a different way,a betterway. That’s when we had the idea to take an account-based approach. With ourfirst pilot,we achieved a 36% account-to-meeting conversation rate!” Lisa Skinner, Vice President, Demand Generation, Localytics “As opposed to mass marketing, ABM works because it’s so targeted and strategic. Itkeeps our sales channels focused on the end results because we have reallylong sales cycles.” Marketing Director, ABM, Global B2B Information Services Company
  • 5. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 5 CHAPTER 1: THE EVOLUTION OF ABM
  • 6. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 6 The roots of ABM go back at least to the early 1990s when Peppers and Rogers published their famous book, The One-to- One Future, and argued for radical personalization and mass customization of products and services for individual customers. The book focused mostly on consumer marketing but some B2B marketing leaders took the message to heart, too. ITSMA coined the phrase Account-Based Marketing in 2003, and began work with a handful of top technology and professional services firms such as Accenture, HP, IBM, and Xerox to codify the approach for use with their most strategic accounts. One-to-One ABM continues to thrive today, with a wide range of B2B companies investing in custom programs to drive growth and innovation with their most strategic accounts. It’s the most popular ABM approach, according to the ITSMA and ABM Leadership Alliance 2017 ABM Benchmark study, but it doesn’t come cheap. Companies typically invest more than $50,000 per account but cover only 10−15 accounts in total with this approach. The primary focus is on growing existing accounts. In this initial, One-to-One approach, a dedicated, senior-level marketer works in full partnership with the account team and creates highly customized marketing programs for “markets of one.” This type of ABM typically includes deep- dive research into individual accounts, long-term programs to build relationships and develop custom solutions, and a labor-intensive mix of personalized online and offline programs and activities. Don Peppers and Martha Rogers publish The One-to-One Future ABM tools and technology begin to proliferate ABM hits the B2B mainstream ITSMA first promotes the ABM concept and approach Marketingperson- alizationtakesoff 1993 1990s 2003 One-to-One ABM takes hold,especially with strategic accounts 2000s 2010s 2010 Companies begin scaling ABM with One-to-Few and One-to-Many approaches Demandbase offers the first ABM-specific technology to help marketers execute One-to-Many ABM 2015 2016
  • 7. ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 7 ONE-TO-FEW ONE-TO-MANY AS ONE-TO-ONE ABM BEGAN TO SHOW RESULTS, MARKETING AND SALES LEADERSHIP WANTED TO EXTEND COVERAGE TO MORE AND MORE ACCOUNTS. THIS HAS LED TO TWO NEWER TYPES OF ABM: ONE-TO-FEW, AND ONE-TO-MANY. The One-to-Few approach takes the research-based principles of One-to- One and applies themto larger groups of accounts. This approach typically brings together clusters of5−15 accounts with similar business issues, often in the same industry such as banking orretail. A One-to-One program mightfocus on McDonalds, while One-to-Few might focus on the toptenfastfood restaurant chains. Coverage is broader butnot quite as deep. A dedicated marketer can support one orseveral ofthese types of clusters, often with lightlycustomized content,events, and briefings that leverage otherongoing marketing programs. Program focus is often split between new prospects and existing accounts. The One-to-Many approach emphasizes personalization at scale. This approach typically addresses a strategically curated targetaccount list ofseveral hundred ormore named accounts. In order to achieve thislevel of scale, technology needs to play an important role. Demandbase recognized this need in 2010,and was the first company to offer ABM-specific technology to help progressive B2B marketers tackle ABM at scale. Since then,marketers have come to use ABM-related tools to collect marketand account data,targetand provide relevant messaging and content,and use account scoring to evaluate and nurturethe most relevant leads and opportunities. Research and investment per account is lower thanwith othertypes ofABM but coverage is much broader, so overall business impact can be justas great. Program focus is often oriented mostly to new account acquisition.
  • 8. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 8 1 : FEW 1 : MANY 1:1 HIGH LOW Creating and executing lightly-customized programs for clusters of account with similar issues and needs Leveraging technology to tailor and personalize marketing campaigns for specific, named accounts at scale Creating and executing highly-customized programs for individual accounts THE EMERGENCE OF THREE DISTINCT TYPES HAS DRAMATICALLY BROADENED ABM’S APPEAL AND PROVIDED MORE WAYS FOR COMPANIES TO GET STARTED. And practitioners of all three types are generating substantial ROI. For the most part, though, ABM-ers today are focusing either on breadth or depth. Two-thirds of ABM-ers today are implementing just one approach and only 12% are implementing all three. Source: ITSMA THE THREETYPES OF ABM
  • 9. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 9 CHAPTER 2: WHY A BLENDED APPROACH?
  • 10. ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 10 HIGH PERFORMERS MORE LIKELY TO FOLLOW A BLENDED APPROACH One Type Only 73 17 10 37 42 21 Sources: ITSMA and ABM Leadership Alliance ABM Benchmarking Survey, July 2017 High Performers (N=19) (Significantly higher, ABM ROI) % of respondents MOST COMPANIES ARESTILL IMPLEMENTING JUST ONE TYPE OF ABM % of respondents (N=82) Average Performers (N=63) (Somewhat higher, same, or lower ABM ROI) WHYIMPLEMENT MORETHANONE TYPEOFABM? Especially if you’re just getting started, why complicate the process? The simple answer is to provide an optimal balance between breadth and depth. Few, if any, companies can afford the investment it would take to provide true One-to-One ABM to even a fraction of their accounts. But most companies have at least a handful or two of absolutely critical accounts. Relying on a One-to-Few or One-to-Many approach for those key accounts could mean missing a great deal of opportunity or even risking future revenue by failing to deliver an appropriately customized experience. 65% Two Types 23% 12% AllThree Types OneType TwoTypes ThreeTypes
  • 11. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 11 BUYER DEMAND As the competitive bar continues to rise, B2B buyers demand increasingly personalized solutions.You need to know their industry, their individual business, and the immediate needs of different groups and functions within the business. And the more important the customer, the more you need to deliver. You can’t afford deep dive customization for every account, so a segmented approach makes sense. Top tier accounts get One-to-One attention, the second tier gets One-to-Few, and the balance of your target account list gets One-to- Many. For example, the three-tiers might target McDonald’s, the rest of the top ten fast food chains, and the next 200 casual restaurants after that. SALES ALIGNMENT Most B2B sales organizations have a tiered structure, with, for example, key account managers for top tier accounts, enterprise reps for the next group, and territory managers for the rest. ABM offers great potential to narrow the historically wide gap between marketing and sales, but only if the programs align. Key account managers are all about depth. Marketers can add significant value with One-to- One or One-to-Few approaches; somewhat less with One-to-Many. Enterprise reps often support a dozen or more accounts; they’re doing their own breadth and depth balancing so One-to-Few and One-to-Many make more sense. Territory reps are mostly about coverage, so One-to-Many is often the best approach. CORPORATE IMPERATIVES Growth is always a priority but corporate imperatives often include related strategic initiatives such as entering new markets, rolling out new types of solutions, shifting to digital and as-a-service business models, and even reorganizing the entire company. A blended ABM approach can prove especially valuable in times of great change. One- to-One programs work with your most trusted accounts to innovate new solutions, test new business models, and obtain credible references to leverage for follow-on clients. One-to-Few programs provide a bit more scale with priority verticals and early stage solutions. And One-to-Many brings rapid coverage when scale matters most. MARKETING CREDIBILITY The final reason is internal to the marketing organization, and it has to do with strengthening the overall role and reputation of marketing across the company. Different types of ABM are especially helpful for different objectives, such as generating a broad base of demand, strengthening company reputation, or innovating new solutions. But a truly strategic marketing function should support them all. With a blended approach, marketers can more easily meet the diverse goals of key stakeholders across the organization. With ABM, success breeds success. Perhaps not surprisingly, while only one- third of ABM-ers today are implementing more than one type of ABM, almost two thirds of high performing ABM marketing organizations are utilizing a blended approach. FOUR ESSENTIAL REASONS TO MOVE TO A BLENDED APPROACH: 1 2 3 4
  • 12. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 12 CHAPTER 3: SEVENCONSIDERATIONSFORA BLENDEDSTRATEGY So now you’re convinced! It’s time to move toward a blended approach that provides breadth and depth across multiple tiers of your accounts. Regardless of your starting point, there are seven essential considerations to keep in mind as you work toward the right balance of scale and personalization.
  • 13. ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 13 Michael Avis, Senior Director, Account Based Marketing & Key Accounts, Oracle EMEA Marketing “Like many companies, we segment our market and have a classic pyramid with key accounts atthe top and the volume-market towards the bottom. We’re getting smarter as an organization on using appropriate forms of ABM on that pyramid. ABM can manifest itself in different ways, according to which customers you’re trying to reach.” For companies that have begun with One-to-One, the first objective is often scale: You wantto bring ABM to more accounts, butdon’thave the resources to bring highly customized programs to dozens orhundreds of accounts. Conversely, the first objective for companies that begin with One-to- Many is often depth: You wantto drive even greater impact with some of your most important accounts. Beyond these basics, though, companies are using differenttypes ofABM to help drive a range of corporate objectives, including: • Opening new markets in different industries or geographies • Innovating new solutions • Developing new reference accounts • Ensuring customer success • Changing perceptions or positioning For any ofthese objectives, different types ofABM can contribute,butoften in differentways. For example, generating one ora fewbig wins with brand name accounts may be the best way to open a new market,butquickly acquiring a few dozen new logos may also do the trick. Working with sales, finance, and other groups across the company is essential as you build outa set of discrete ABM objectives tied to your larger corporate goals. 1.ABM OBJECTIVES First things first: what do you want to accomplish with a blended approach?
  • 14. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 14 A simple matrix can help plot accounts in the different categories. RELATIVE BUSINESSSTRENGTH ACCOUNTATTRACTIVENESS ONE-TO-ONE ACCOUNTS 2.ACCOUNTSELECTIONAND SEGMENTATION Account selection is the foundation of any ABM program, but the decision process becomes more complex as you develop a blended approach. Which accounts should you include with the different types of ABM? Which strategy will you apply to each of your accounts? Generally speaking, you’ll want to consider two main criteria: ACCOUNT ATTRACTIVENESS: How attractive is the account to your business? Factors may include current or potential future revenue, industry, referenceability, cultural fit, potential to buy specific solutions, and competitive risk. RELATIVE BUSINESS STRENGTH: How well positioned is your firm to win, keep, or grow business with the account? Factors here may include corporate reputation, existing business, and existing relationships (sales, executives, etc.). ONE-TO-FEW ACCOUNTS ONE-TO-MANY ACCOUNTS
  • 15. ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 15 Sales model and coverage. How is sales organized? Is there a key account program? Industry teams? Territory managers? ABM should align as closely as possible with the sales model. For example, significant sales investment in a key account program usually warrants a parallel marketing investment in One- to-One and/orOne-to-Few to cover some orallof those accounts. An enterprise teamfocused on several hundred named accounts could be the rightfitfor One-to-Many. Corporate growth priorities. As noted above, companies typically have a set ofbusiness objectives that help drive overall growth, including rollingoutnew offerings, entering new markets, and building new partnerships. Beyond general revenue goals, these objectives can help guide account selection across the differenttypes of ABM. Marketing resources. We’ll talkmore about organization below, butclearly your overall budget, resource model, and teamwill affect how you select, segment, and limit your account list. Each type of ABM has different resource requirements, and you’ll need to weigh differenttypes ofROI to achieve the most appropriate balance of breadth and depth. Purchase intent. Do your targeted companies have money to spend and are they ready to buy? Lack ofbudget orpurchase intent may not necessarily disqualify accounts if they have longer term potential,butunderstanding customer readiness can play an importantrole in segmenting and prioritizing your lists. Remember that account selection and segmentation is not necessarily set in stone. You’llwantto move some accounts from one tier to another over time, based on results and changing business needs. Companies in your One-to-Many group with great potential growth may warrant movement to a more focused type. Similarly,some accounts that startin One-to-One or One-to-Few may drop down when conditions change. Be careful, though, to avoid changing lists too quickly. ABM often takes time to produce results, and you need to stay aligned with sales and other key stakeholders. ALONG WITH THE ACCOUNT MATRIX, THERE ARE SEVERAL OTHER IMPORTANT FACTORS, INCLUDING: Stephanie Deane, Head of Marketing, ABM and Advocacy, O2 Business “The initial mandate was to build an account-based marketing plan that would help generate more partnership- level reference accounts. Because we had such great results they asked us to bump the program up from 8 accounts to 110. The way to do that was to create the next tier on a sector- rather than an account-level. 80% is consistent across the sector with only 20% customized.”
  • 16. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 16 3. CAMPAIGN DEVELOPMENT AND MANAGEMENT Campaign approaches and tactics often differ across the different types of ABM, but four core principles remain the same: • Personalization based on customer insight to the greatest possible extent • Integrated programs with online and in-person activities to drive cross-account engagement • Tight alignment with sales • Focus on long-term customer success, not justinitial purchase The main differences relate to the depth of research and the degree of customization for each account. • One-to-Many campaigns typically involve a segmented approach to content and activities (e.g., by industry,role,orbusiness need), with light personalization. • The segmentation gets much tighterwith One-to- Few (e.g., CFOs at 10 large North American fast food chains),with greater customization and personalization. • One-to-One emphasizes fully customized programs for each account, with individualized content,briefings, events, and otheractivities based on deep insight about the key stakeholders within that specific account. TOP CAMPAIGN TACTICS FOR THE THREETYPES OF ABM • Account-Specific (Bespoke) Thought Leadership • Innovation Days • Executive Engagement Plans • 1-to-1,Face-to- Face Meetings • Email Marketing • Account-Specific (Bespoke) Thought Leadership • Roadshows/ Events • Email Marketing • Reverse IP/ Targeted Digital Ads/Content/ Retargeting • Roadshows/ Events SEGMENTED & PERSONALIZED INDIVIDUALIZED CUSTOMIZED Sources: ITSMA and ABM Leadership Alliance ABM Benchmarking Survey, July 2017
  • 17. ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 17 Organizations with One-to-Many can leverage existing content and events with a new layer of customization, such as adding more tightlyfocused data and examples to an existing report on financial services oradding a small, invitation-only roundtable to a larger industry event. Similarly,companies with a more customized approach can re-purpose assets initially developed for one ora small group ofaccounts by broadening focus for larger segments. Making thisallwork wellrequires careful attention, and often revision, ofyour content supply chain. You wantto design for customization, and build robust repositories ofassets such as customer stories and industry points of view that can be moved in and outof differenttypes of content and events. MOVING TO A BLENDED APPROACH RELIES HEAVILY ON ADDING A 5TH PRINCIPLE TO THE CAMPAIGN MANAGEMENT LIST: LEVERAGE. Masha Finkelstein, Director, Demand Generation, BetterWorks “We started with a list of the Fortune 1000 accounts. The goal was to identify accounts that are more likely to convert and become our customers using AI and predictive analytics. Right now we only do one-to- one marketing on request. Sales will come to us and ask if we can do something to help move a prospect along. We suggest ideas and execute.”
  • 18. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 18 To succeed with a blended ABM strategy, your entire marketing team needs to be set up for success. Moving from a traditional demand gen approach to ABM, or moving from one tier of ABM to another will likely generate new requirements for your marketing team, and these can become a bit more complex as you move toward a blended approach. First, you will need to decide on an organizational structure for your ABM focus. Ifyou’re a smaller company that has decided to go “all in”with ABM, you can probably focus your entire Demand Generation team and bring in additional support from corporate communications and other marketing functions, as needed. For most companies, though, organizing for ABM may not be that straightforward. Program leadership is essential, and usually this will mean a dedicated team or function within the broader marketing organizations to drive ABM strategy and execution. Whether this is an ABM Program Office or ABM Center of Excellence at the corporate level, or a committee of ABM leads from different product teams, divisions, or regions, this leadership team will be responsible for the oversight and program execution, coordination with the rest of marketing and other stakeholder groups (especially sales), training and professional development, and metrics and review. Next, to ensure success with a blended approach, you’ll need different functions, including account intelligence, campaign planning, content creation, event organizing, sales support, and other field and demand roles. You’ll also want fully dedicated marketers to support the One- to-One and One-to-Few approaches since they need to go deep within each account or cluster, and work hand-in-hand with account teams on heavily customized programs. To support this organizational investment, you’ll want to consider shifting staff and budgets from mass marketing activities to more targeted initiatives. This could mean cutting back on national tradeshow sponsorships, for example, or general brand or industry advertising, and reinvesting it in more field marketing. You may also need to grow your team to support a new blended approach. Going broader and deeper with ABM often requires new skillsets. ABM-ers working on all three types need a greater understanding of customers, markets, and their own sales process; they typically need more skills for customizing content and events, working directly with customers and prospects, and tracking account-level engagement. The data-driven quality of ABM is a particularly big change, requiring marketers to look beyond pre-sales metrics like click-thru rates and download stats and into revenue, opportunities, average deal size, and funnel velocity. If your business is testing new models or entering new markets, you need people who can separate the signal from the noise and find the data to help create and monitor progress toward those goals. Finally, companies adding One-to-One or One-to-Few approaches, you may need more senior-level people with deep expertise in a specific industry, ideally including some sales or account management experience as well. 4.ORGANIZATION AND SKILLS
  • 19. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 19 5.TECHNOLOGY INFRASTRUCTURE Technology didn’t play much of a role in early ABM programs but it’s become more important as programs have scaled and vendors have adapted and developed new tools for program support. For the most part,ABM-ers today are are still in the early stages ofadopting specialized ABM-focused systems and technology. But a large majority are using or are soon implementing foundational technologies, such as CRM, digital advertising and retargeting, marketing automation (MAS), and customer or market insight. All of these tools play important roles in supporting the move to a blended strategy, and you may need to spend time adapting them to be more account- focused. For instance, you’llwantto make sure that your CRM and MAS solutions are able to report on accounts versus just individual contacts. As your sophistication with ABM grows and you look to broaden and deepen your approach, you can look to a set of more specialized tools that can support even great productivity and impact. The technology wheel helps highlight the wide variety oftools available in the marketplace to help you with these challenges, and ensure your program is data-driven and delivers maximum impact. Needless to say, don’tpurchase technology ahead ofyour need. New tools usually take longer to adopt and optimize than you first think, and you’llwantto work closely with marketing operations, sales support, and IT,among other key stakeholders, to design an appropriate roadmap for infrastructure optimization. ABMTECH STACK CATEGORIES OF ABM TECHNOLOGY ©Demandbase
  • 20. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 20 BY WHAT PERCENTAGE WILLYOUR ABM BUDGET INCREASE IN FY2017 % of respondents (N=39) mean =23.5%SPENDING PER ACCOUNT WITH ONE-TO-ONE AND ONE-TO-FEW 6.BUDGETING FOR SUCCESS Companies implementing ABM are already devoting 26% of their total marketing budgets to ABM, according to our 2017 survey, and almost three quarters are planning on increasing spending, often by 15%or more. With a blended approach, you’llwantto consider dedicated funding for each type ofABM to make sure you can provide appropriate coverage for the differenttypes of programs and accounts. For example, One-to-One campaigns for high-value accounts typically involve more face-to-face activities like demos or innovation workshops that are toobudget-intensive to roll outto the hundreds ofmore accounts that may be a partofyour One-to-Many approach. Whileyour budget per account will be much greater at thislevel, these are the highest value accounts that can generate a significant percentage ofyour revenue. On the flip side, your budget per account will be far lower in the One-to-Many approach, which makes sense as thisis more ofa volume based, new logo acquisition approach. Accounts 13 Mean ProgramSpend $58,667 Accounts 50 Mean ProgramSpend $3,723 26% 72% of the marketing budget dedicated to ABM (N=44) of companies will increase their ABM budget in FY2017 (N=68) ABM SPENDING AND BUDGET INCREASES Sources: ITSMA and ABM Leadership Alliance ABM Benchmarking Survey, July 2017 < 5% 5−9% 10−14% >15% 10 3 39 48
  • 21. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 21 One simple approach is to match current or potential revenue with each tier. So, if your One-to-One accounts provide 30% of corporate revenue, you might devote 30% of your ABM budget, and so on. But it’s usually not that simple! As noted above, a blended ABM strategy can provide vital contributions to overall corporate strategy, and this often suggests a somewhat different approach. Companies pushing hard into a new market, for example, might prioritize a land grab with new logos where the number of new accounts is more important than aggregate revenue. This could suggest a heavier focus on One- to-Many in that specific new market. Similarly, companies that absolutely need to acquire, defend, or expand certain key accounts may “overinvest” in One-to-One You’ll also want to make sure you budget for overall program management and review, which typically includes strategy and planning, professional development, best practice sharing, and coordination with sales and other internal stakeholders. At the same time, you should absolutely look to sales and potentially other groups outside of marketing for budget contributions. Sales is a common contributor to One-to-One ABM programs; leaders of key account programs often “get”the value of such targeted programs almost immediately. Business unit leadership is another common source of ABM funding. DIVIDING ABM BUDGETS ACROSS THE DIFFERENT TYPES IS ONE OF THE MOST IMPORTANT CHALLENGES WITH A BLENDED STRATEGY.
  • 22. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 22 AN ILLUSTRATIVE ABM PROGRAM DASHBOARD 7.MEASURINGAND COMMUNICATING IMPACT The final consideration ties directly back to the first: Measuring and communicating success with your most important ABM objectives. Regularly demonstrating progress with these core metrics makes it much easier to keep everyone on the same page and on board with your ABM program, especially as you move to a more complex blended approach. With alltypes ofABM, marketers today are emphasizing revenue- focused metrics, such as pipeline, funnel velocity, close rates,average deal size, and customer lifetime value. This is a big shiftfor marketers that have previously highlighted marketing-qualified leads, and it’s an importantone that brings marketing closer to strategic business objectives and impact. KPI DASHBOARD RELATIONSHIPS REVENUE REPUTATION TOP METRICS • Coverage: number of relationships across accounts; new executive contacts • Engagement: event attendance, campaign response rates, number of meetings • Strength of existing relationships—negative/ neutral/positive • Pipeline growth • Revenue growth • Deal size and type • Portfolio penetration • Total revenue tied to ABM activities • Share of wallet • Win rate • Sales and account team satisfaction • Net Promoter Scores (NPS) • Brand perception • Success stories, references, and advocates As we noted earlier,it’s also importantto pay close attentionto othercorporate and sales initiatives.Not allrevenue is created equal; opportunities and deals with new offerings, with industry-leading accounts, and in entirelynew markets are often especially significant. And with your most important accounts, you’llwantto track the othertwo“R’s” of strategic marketing, Reputation and Relationships, along with Revenue. Sharing results with key stakeholders in a high-level dashboard orsimilartoolmakes it easier to communicate the overall impact and ROI ofyour campaigns. Disciplined measurement can provide data that helps the business recognize emerging markettrends and opportunities that might promptchanges not justin marketing strategy butin overall business goals.
  • 23. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 23 FINAL THOUGHTS ABM leaders are already proving the power of this remarkable approach to generate short-term ROI and long-term business success. All three types of ABM are proving effective, but a blended approach can help you move even faster and further in generating revenue, strengthening your reputation, and deepening your relationships with key accounts and partners. Moving to a blended approach requires careful thought and planning, and close attention to the seven considerations outlined above. But now is the time.As customers and competitors move as fast as possible to transform for success in our digital, connected, and rapidly-changing markets, we have little time to waste!
  • 24. ACCELERATING ABM IMPACT: The Case for a Blended Approach | EBK1701 © 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 24 ROB LEAVITT Senior Vice President, ITSMA Rob has spent most of the last 20 years providing strategic guidance in thought leadership, brand positioning and account-based marketing to help B2B technology and professional services firms develop and extend market leadership. He helped develop and promote ITSMA’s initial ABM approach in the early 2000’s, currently leads ITSMA’s global membership community as well as the company’s Thought Leadership Council, participates in a range of research, consulting, and training programs for ITSMA corporate members in areas including marketing strategy, ABM, executive engagement, and thought leadership. JESSICA FEWLESS Vice President, ABM Strategy & Field Marketing, Demandbase After 4+ years at Demandbase (and 20+ years in B2B Marketing), Jessica has seen it all when it comes to Account- Based Marketing. Playing an instrumental role in Demandbase’s rollout of an ABM strategy, and educating over 1,000 B2B marketers on the principles of ABM over the last 18 months,Jessica has become a resident expert. From building the right target account list and understanding the impact of ABM on marketing programs, to selling ABM within an organization and finding budget for your strategy, Jessica has worked with organizations to build, hone, and measure the success of their own ABM strategies. ABOUT THE AUTHORS
  • 25. ACCELERATING ABM IMPACT: The Case for a Blended Approach EBK1701© 2017 ITSMA and Demandbase. All rights reserved www.itsma.com 25 MOVING TO A BLENDED STRATEGY ITSMA and Demandbase have joined forces to accelerate thenext wave of ABM with integrated strategies and programs that span thethree established approaches to ABM:One-to-One, One-to-Few, and One-to-Many. This new blended approach will enable all B2B marketers to drive account- based impact with greater speed, efficiency, and flexibility. Together, thetwo companies provide a sophisticated set of advisory, education, process, and technology capabilities that help companies design new strategies and programs, train their teams, implement new tools, and pilot and grow all three types of ABM programs. ABOUT DEMANDBASE Demandbase is the leader in Account-Based Marketing (ABM). The company offers the only Artificial Intelligence-enabled, comprehensive ABM platform that spans Advertising, Marketing, Sales and Analytics. Enterprise leaders and high-growth companies such as Accenture, Adobe, DocuSign, GE, Grainger, Salesforce and others use Demandbase to drive their ABM strategy and maximize their marketing performance. The company was named a Gartner Cool Vendor for Tech Go-To Market in 2016. For more information, please visit www.demandbase.com or follow the company on Twitter @Demandbase. ABOUT ITSMA For more than 20 years, ITSMA has led the way in defining, building, and inspiring excellence in B2B marketing. With a dedicated focus on services and solutions for the connected economy, we provide ourmember community with insight, advice, and hands-on help to strengthen reputation,increase revenue, and deepen customer relationships. ITSMA pioneered Account-Based Marketing in 2003 and today offers a broad portfolioof ABM research, events, consulting, training, and coaching services. In 2017,ITSMA leaders Bev Burgess and Dave Munn co-authored the book, A Practitioner’s Guide to Account-Based Marketing. Learn more aboutITSMAatitsma.com.