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Bridging the Great Divide:
Using Account Based Marketing to connect
Sales and Marketing
Peter Isaacson
CMO
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
2
The sales and marketing divide
MARKETING SALES
Leads
Personas
Quantity
Individuals
Opportunities
Buyers/Influencers
Quality
Accounts
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
3
The result…
MARKETING
“We delivered
1,238 MQLs
this quarter.
+27% above goal!”
SALES
“Marketing isn’t
supporting us”
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
4
Focusing on volume wastes time and money
4.4% Inquiries
Convert
.03%
Inquiries to
closed/won
Source: Sirius Decisions
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
5
Leads aren’t valued…
of marketing
generated leads are
never followed
up by sales.
50%
- Miller Pierce, 2014 VOC Study
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
6
The buying process happens before the lead is
created
SALES
CALL
LEAD
SOCIAL
MEDIA
WEBSITE
VISIT
SEARCH
DETERMINE
PROBLEM
WEBSITE
VISIT
WEB
RESEARCH
FRIENDS
AND FAMILY
Typical B2B Buying Process
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
7
B2C and B2B are different
TARGET
DECISION MAKER
SALES
BUYING CYCLE
BUYING DECISION
QUALIFICATIONS
COST OF SALE
Target accounts
Buying Groups
Low transaction volume
Typically high value
Long
Months
Rational
Company attributes
High
Masses
Individual
High transaction volume
Typically low value
Short
Impulse - days
Emotional
Taste, Behavior, Lifestyle
Low
B2C B2B
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
8
B2B can’t use B2C tactics
Spray and Pray
•  Quantity ≠ quality
•  Wasted resources
Persona Marketing
•  Targeting based on behaviors
•  Right person, wrong company
Targeting Accounts
•  B2B buys & sells by account
•  Aligns marketing with sales/revenue
✔
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
9
Account-Based Marketing
Identify the companies
most likely to buy, and
then market to them
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
10
Account-Based Marketing
Identify the companies
most likely to buy, and
then market to them
1.  SiriusDecisions’ “2015 State of Account-Based Marketing”
2.  Demand Metric “Defining Digital Impact in the B2B Enterprise”
of companies said Account-Based
Marketing is “extremely” or “very”
important to their efforts. 192%
of marketers employing ABM
stated they are aligned with
sales. 191%
of companies employing ABM
plan to invest more in technology
over the next 12 months. 161%
of B2B companies are aware
of ABM. 2
75%
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
12
Why Account-Based Marketing?
•  Ensures attention is given to top prospects/
customers
•  Defines growth and timing based on account
specifics
Focuses on best
opportunities
•  More efficient with a defined universe
•  Delivers on their target accounts
Supports sales
reality
•  Linked to greater customer satisfaction and
retention
•  Customers experience less noise, respond
at higher rates to more relevant outreach
Delivers
customer-centric
experience
Account-Based Marketing at
Demandbase
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
14
The process
§  Identify stakeholders in marketing and sales
§  Establish target account list
§  Both marketing and sales stakeholders
§  Develop marketing and sales engagement plans
around those accounts
§  Execute marketing programs
§  Measure
§  Refresh target list quarterly
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
15
Identifying key account attributes
Overall technology applications used
Complexity of website
Social Activity
Revenue
1
2
3
4
Multimedia
TechnologiesAnalytics
Marketing
Automation
Web Hosting
Platforms Live Chat
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
16
The DB3K
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
17
Segment by sales regions
Source: US Census Bureau
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
18
Territory and account planning
Overview
+
Brainstorm
+
Align
Marketing
+
Sales
+
SDR
WHO WHAT
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
19
The territory planning process
Marketing
Planning
Demand
Generation
Field
Marketing
Database
Campaigns
Sales Team
Presentations
Review
Programs
Brainstorm
Additions
Align Account
Focus
DB1500+
Final Plan
Additional
Territory
Activities
Monthly
Review
Perf Man
Analysis
Program
Execution
Recommended
Edits
-4 weeks
End of 1st
and 2nd
Months
-2 weeks
Quarter
Start
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
20
Field event prioritization
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
21
Target Geo: Midwest
Total Accounts in Territory: 270
•  # Touched by Q3 Programs: 135
•  Average # of Contacts per account: 6
•  Average # of Touches per Contact: 7.5
Q3 Activities:
•  Advertising campaign
•  B2B retargeting
•  Field Marketing Event: Aug 7
•  # of pipeline opportunities: 4
•  Won Deals: 1
•  Content Marketing World (Cleveland): September 8
•  Prospect Luncheon (Cleveland): September 10
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
22
Personalize the experience
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
23
Measure by territory
Programs executing this quarter:
•  Advertising campaign
•  B2B Retargeting
•  Chicago Field Program
•  Cleveland Appt Setting Campaign
•  Content Marketing World
August
July
Performance Assessment:
•  Saw 5 more target accounts engaged this
month.
•  6 key accounts engaged in in-person activities.
•  General upswing in engagement, but not as
much as planned.
•  Q4 programs increased to address this.
$190,350
$375,500
15
27
©2015 Copyright Demandbase, Inc.
Demandbase Confidential.
24
DB3k vs Non DB3k Accounts
Sales Team Close Rate ACV Funnel Velocity
Enterprise +285% +35% +2%
Mid Market +166% +40% -20%
Advertising +57% +31% +65%
Bridging the Great Divide: Using Account-Based Marketing to Connect Sales and Marketing

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Bridging the Great Divide: Using Account-Based Marketing to Connect Sales and Marketing

  • 1. Bridging the Great Divide: Using Account Based Marketing to connect Sales and Marketing Peter Isaacson CMO
  • 2. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 2 The sales and marketing divide MARKETING SALES Leads Personas Quantity Individuals Opportunities Buyers/Influencers Quality Accounts
  • 3. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 3 The result… MARKETING “We delivered 1,238 MQLs this quarter. +27% above goal!” SALES “Marketing isn’t supporting us”
  • 4. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 4 Focusing on volume wastes time and money 4.4% Inquiries Convert .03% Inquiries to closed/won Source: Sirius Decisions
  • 5. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 5 Leads aren’t valued… of marketing generated leads are never followed up by sales. 50% - Miller Pierce, 2014 VOC Study
  • 6. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 6 The buying process happens before the lead is created SALES CALL LEAD SOCIAL MEDIA WEBSITE VISIT SEARCH DETERMINE PROBLEM WEBSITE VISIT WEB RESEARCH FRIENDS AND FAMILY Typical B2B Buying Process
  • 7. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 7 B2C and B2B are different TARGET DECISION MAKER SALES BUYING CYCLE BUYING DECISION QUALIFICATIONS COST OF SALE Target accounts Buying Groups Low transaction volume Typically high value Long Months Rational Company attributes High Masses Individual High transaction volume Typically low value Short Impulse - days Emotional Taste, Behavior, Lifestyle Low B2C B2B
  • 8. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 8 B2B can’t use B2C tactics Spray and Pray •  Quantity ≠ quality •  Wasted resources Persona Marketing •  Targeting based on behaviors •  Right person, wrong company Targeting Accounts •  B2B buys & sells by account •  Aligns marketing with sales/revenue ✔
  • 9. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 9 Account-Based Marketing Identify the companies most likely to buy, and then market to them
  • 10. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 10 Account-Based Marketing Identify the companies most likely to buy, and then market to them
  • 11. 1.  SiriusDecisions’ “2015 State of Account-Based Marketing” 2.  Demand Metric “Defining Digital Impact in the B2B Enterprise” of companies said Account-Based Marketing is “extremely” or “very” important to their efforts. 192% of marketers employing ABM stated they are aligned with sales. 191% of companies employing ABM plan to invest more in technology over the next 12 months. 161% of B2B companies are aware of ABM. 2 75%
  • 12. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 12 Why Account-Based Marketing? •  Ensures attention is given to top prospects/ customers •  Defines growth and timing based on account specifics Focuses on best opportunities •  More efficient with a defined universe •  Delivers on their target accounts Supports sales reality •  Linked to greater customer satisfaction and retention •  Customers experience less noise, respond at higher rates to more relevant outreach Delivers customer-centric experience
  • 14. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 14 The process §  Identify stakeholders in marketing and sales §  Establish target account list §  Both marketing and sales stakeholders §  Develop marketing and sales engagement plans around those accounts §  Execute marketing programs §  Measure §  Refresh target list quarterly
  • 15. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 15 Identifying key account attributes Overall technology applications used Complexity of website Social Activity Revenue 1 2 3 4 Multimedia TechnologiesAnalytics Marketing Automation Web Hosting Platforms Live Chat
  • 16. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 16 The DB3K
  • 17. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 17 Segment by sales regions Source: US Census Bureau
  • 18. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 18 Territory and account planning Overview + Brainstorm + Align Marketing + Sales + SDR WHO WHAT
  • 19. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 19 The territory planning process Marketing Planning Demand Generation Field Marketing Database Campaigns Sales Team Presentations Review Programs Brainstorm Additions Align Account Focus DB1500+ Final Plan Additional Territory Activities Monthly Review Perf Man Analysis Program Execution Recommended Edits -4 weeks End of 1st and 2nd Months -2 weeks Quarter Start
  • 20. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 20 Field event prioritization
  • 21. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 21 Target Geo: Midwest Total Accounts in Territory: 270 •  # Touched by Q3 Programs: 135 •  Average # of Contacts per account: 6 •  Average # of Touches per Contact: 7.5 Q3 Activities: •  Advertising campaign •  B2B retargeting •  Field Marketing Event: Aug 7 •  # of pipeline opportunities: 4 •  Won Deals: 1 •  Content Marketing World (Cleveland): September 8 •  Prospect Luncheon (Cleveland): September 10
  • 22. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 22 Personalize the experience
  • 23. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 23 Measure by territory Programs executing this quarter: •  Advertising campaign •  B2B Retargeting •  Chicago Field Program •  Cleveland Appt Setting Campaign •  Content Marketing World August July Performance Assessment: •  Saw 5 more target accounts engaged this month. •  6 key accounts engaged in in-person activities. •  General upswing in engagement, but not as much as planned. •  Q4 programs increased to address this. $190,350 $375,500 15 27
  • 24. ©2015 Copyright Demandbase, Inc. Demandbase Confidential. 24 DB3k vs Non DB3k Accounts Sales Team Close Rate ACV Funnel Velocity Enterprise +285% +35% +2% Mid Market +166% +40% -20% Advertising +57% +31% +65%