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MAKING OF AN ABM STRATEGY
Behind the Curtain of
Brightcove’s Adoption of ABM
Chris Bondhus,
Senior Director Demand Generation
Brightcove
SLIDE 3
A YEAR AGO…
§ Attended this conference
§ One list of Fortune 500 accounts
§ Beginner certified!
§ Overwhelmed a bit
§ Walked away with lots of ideas
AGENDA
§ WHO IS BRIGHTCOVE
§ ABM DECISION DRIVERS
§ ABM COMPONENTS
§ EXAMPLES
SLIDE 5
WHAT WE DO
An Online Video Platform
Video on
website
Social Video Video portals
& microsites
Live
streaming
Video integration
CMS, MAP & CRM
▪ New! - Get Started for as low as $199/month
SLIDE 6
HOW WE DO
“Brightcove’s vision and
enterprise track record solidify
it as one of the market
leaders.”
- The Forrester Wave TM:
OVPs for Sales &
Marketing, Q4 2016
ABM DECISION DRIVERS
SLIDE 8
SATURATION AND NOISE
SLIDE 9
PIPELINE…NEVER ENOUGH
SLIDE 10
LAND AND EXPAND
SLIDE 11
SALES AND MARKETING ALIGNMENT
§ How sales feels when marketing hits its leads goals…
SLIDE 12
SALES AND MARKETING ALIGNMENT
§ How marketing feels when sales closes a deal…
SLIDE 13
BUYING COMMITTEES
22 Interactions
11 Interactions
4 Interactions
7 Interactions
White
Paper Webinar
Web
Visits
Analyst
Report
Pricing
Page
2 1 2 4 2
1 1 2 0 0
0 0 3 2 2
3 2 7 6 4
Peggy Smith
Senior Manager,
Professional Services
Carson Plastics
Industrial, MA
Bob Clark
Director, Marketing
Carson Plastics
Manufacturing, CA
Joseph McLaren
Manager, Sales Operations
Carson Plastics
Durable Goods, MA
SLIDE 14
WHAT A JERK!
SLIDE 15
SALES CYCLE
ABM COMPONENTS
SLIDE 17
DIGITAL BODY LANGUAGE
SALES
CALL
LEAD
SOCIAL
MEDIA
WEBSITE
VISIT
SEARCH
DETERMINE
PROBLEM
WEBSITE
VISIT
WEB
RESEARCH FRIENDS &
FAMILY
INTEREST
Marketers miss out on
the buying signals that
occur pre hand raise…
…and the signals that
occur once a prospect
is in a sales cycle.
SLIDE 18
BUILDING THE LIST
Secure Agreement
from ABM Leadership
Team
Verify & Iterate
with field sales
Update
at regular intervals
Build
an initial list
4321
It’s a Collaborative Process
SLIDE 19
BUILD AN INITIAL LIST
WAYS TO APPROACH THE PROCESS
4
Use account identification technology to determine the high-
value accounts most likely to buy and best individuals within
those accounts
Evaluate your current customer base to create a lookalike model
1
2
3
Leverage your list of named accounts, which include verticals
and strategic accounts
Use data to generate a list of companies, and then have a
discussion with your sales team to determine a set of target accounts
SLIDE 20
SEGMENT YOUR TARGET ACCOUNT LIST
Segments you select must
have discrete business
objectives that marketing
can build programs to
support.
DO
§ Start with your customer profile
§ Supplement with firmographic data
§ Apply behavioral data
§ Collaborate with Sales
§ Iterate quarterly; be opportunistic
DON’T
§ Solely select the Fortune 500
§ Overcomplicate the process
§ Languish
§ Be homogeneous
Do’s and Don’ts of
List Building
SLIDE 22
SALES TRAINING
Department
Groups
Territories
Individuals
DO
§ Find a champion on the floor
§ Build credibility with wins
§ Praise adoption of the approach
§ Be available and proactive
DON’T
§ Expect miracles overnight
§ Be inconsistent with scheduling
§ Leave out sales leadership
§ Overwhelm with material
Do’s and Don'ts of
Sales Training
SLIDE 24
CAMPAIGNS
ENGAGEMENT
CONVERSIONRETENTION
ADVOCACY
AWARENESS
SLIDE 25
Email Blast Nurture Streams SDR/Sales Email
Blast
SDR/Sales Call
Blitz
AM/AD Email
Blast
AM/AD Call
Blast
Social
Advertising
Display
Advertising
Retargeting Events Website Webinar / Video
Executive
Briefings
In Product
Messaging
Content
Syndication
MULTI-CHANNEL ABM CAMPAIGNS
© 2016 DEMANDBASE / SLIDE 26
CUSTOMER BANNERS PROSPECT BANNERS
71%
Lift
69%
Lift
Launch-Q3 ‘16 Q3-Q1 ‘17
In FlightCREATIVE ITERATIONS SINCE LAUNCH
Banner A
Banner B
TOUCH 1: ADS & LANDING PAGES
SLIDE 29
TOUCH 2: ADS & LANDING PAGE
CREATIVE ITERATIONS SINCE LAUNCH
Launch-Q3 ‘16 Q3-Q1 ‘17
In Flight
Banner A
Banner B
TOUCH 1: ADS & LANDING PAGES
TOUHC 2: ADS & LANDING PAGES
Banner A
Banner B
SLIDE 33
VIDEO AND ABM ON SOCIAL
• Target Accounts Only
• FB Demographic Profiles
• 5,000 impressions in one
month to Pfizer employees
© 2016 DEMANDBASE / SLIDE 34
MEET YOUR ACCOUNT DIRECTOR EMAIL CAMPAIGN
Personalized Videos to Accounts
Open Rate: 51%
Unique Open Rate: 16%
CTR: 2.8%
Click to Open: 7%
SLIDE 35
© 2016 DEMANDBASE / SLIDE 36
MEET YOUR AM EMAIL CAMPAIGN
Open Rate: 224%
Unique Open Rate: 38%
CTR: 16%
Click to Open Rate: 20%
SLIDE 37
RESULTS
219 Responses
86 Meetings
$200K+ in Pipe
SLIDE 38
DIRECT MAIL & MICROSITE
1,000 pieces mailed to current accounts
DO
§ Segment
§ Take a multi-channel approach
§ Test and Experiment
§ Measure
DON’T
§ Stop inbound efforts
§ Boil the ocean
§ Rush to judgment
§ Forget sales
Do’s and Don'ts of
Campaigns
SLIDE 40
MEASUREMENT
.
.
.
.
.
..
SLIDE 41
SLIDE 42
ABM STAKEHOLDER MEETINGS
Bi-weekly meeting: Sales and Marketing Leaders
Topics Discussed:
• List updates
• Campaigns running
• Advertising results
• Engaged/unengaged accounts
• Next steps
SLIDE 43
Brightcove’s Starting List
- Over 500
Accounts
- Blend of New &
Existing Logos
Brightcove Marketing
- Nurture Programs
- Online Advertising
- Direct Mail
- Social
- Email Campaigns
- Content Syndication
- Events
Brightcove Measurement
- Dashboards
- Monthly Stakeholder
Meetings
Brightcove List #5
- 4,000 Accounts
THE ABM FORMULA
Build the
List
Market to
the List
Measure
Performance
Refine /
Expand
the List
SLIDE 44
IN ONE YEAR…
FROM TO
100% Inbound Hybrid
One-Size-Fits-All Personalized
Lite Customer Marketing Dedicated Effort
Reactive Pursuit Proactive Pursuit
Fragmented Aligned
0% of Pipeline 30% of Pipeline
§ Be Persistent and Patient
§ Be Methodical
§ Be Creative
§ Be Opportunistic
§ Use Video J
Final Thoughts…
THANK YOU
Chris Bondhus: Making of an ABM Strategy: Behind the Curtain of Brightcove’s Adoption of ABM

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Chris Bondhus: Making of an ABM Strategy: Behind the Curtain of Brightcove’s Adoption of ABM

  • 1.
  • 2. MAKING OF AN ABM STRATEGY Behind the Curtain of Brightcove’s Adoption of ABM Chris Bondhus, Senior Director Demand Generation Brightcove
  • 3. SLIDE 3 A YEAR AGO… § Attended this conference § One list of Fortune 500 accounts § Beginner certified! § Overwhelmed a bit § Walked away with lots of ideas
  • 4. AGENDA § WHO IS BRIGHTCOVE § ABM DECISION DRIVERS § ABM COMPONENTS § EXAMPLES
  • 5. SLIDE 5 WHAT WE DO An Online Video Platform Video on website Social Video Video portals & microsites Live streaming Video integration CMS, MAP & CRM ▪ New! - Get Started for as low as $199/month
  • 6. SLIDE 6 HOW WE DO “Brightcove’s vision and enterprise track record solidify it as one of the market leaders.” - The Forrester Wave TM: OVPs for Sales & Marketing, Q4 2016
  • 11. SLIDE 11 SALES AND MARKETING ALIGNMENT § How sales feels when marketing hits its leads goals…
  • 12. SLIDE 12 SALES AND MARKETING ALIGNMENT § How marketing feels when sales closes a deal…
  • 13. SLIDE 13 BUYING COMMITTEES 22 Interactions 11 Interactions 4 Interactions 7 Interactions White Paper Webinar Web Visits Analyst Report Pricing Page 2 1 2 4 2 1 1 2 0 0 0 0 3 2 2 3 2 7 6 4 Peggy Smith Senior Manager, Professional Services Carson Plastics Industrial, MA Bob Clark Director, Marketing Carson Plastics Manufacturing, CA Joseph McLaren Manager, Sales Operations Carson Plastics Durable Goods, MA
  • 17. SLIDE 17 DIGITAL BODY LANGUAGE SALES CALL LEAD SOCIAL MEDIA WEBSITE VISIT SEARCH DETERMINE PROBLEM WEBSITE VISIT WEB RESEARCH FRIENDS & FAMILY INTEREST Marketers miss out on the buying signals that occur pre hand raise… …and the signals that occur once a prospect is in a sales cycle.
  • 18. SLIDE 18 BUILDING THE LIST Secure Agreement from ABM Leadership Team Verify & Iterate with field sales Update at regular intervals Build an initial list 4321 It’s a Collaborative Process
  • 19. SLIDE 19 BUILD AN INITIAL LIST WAYS TO APPROACH THE PROCESS 4 Use account identification technology to determine the high- value accounts most likely to buy and best individuals within those accounts Evaluate your current customer base to create a lookalike model 1 2 3 Leverage your list of named accounts, which include verticals and strategic accounts Use data to generate a list of companies, and then have a discussion with your sales team to determine a set of target accounts
  • 20. SLIDE 20 SEGMENT YOUR TARGET ACCOUNT LIST Segments you select must have discrete business objectives that marketing can build programs to support.
  • 21. DO § Start with your customer profile § Supplement with firmographic data § Apply behavioral data § Collaborate with Sales § Iterate quarterly; be opportunistic DON’T § Solely select the Fortune 500 § Overcomplicate the process § Languish § Be homogeneous Do’s and Don’ts of List Building
  • 23. DO § Find a champion on the floor § Build credibility with wins § Praise adoption of the approach § Be available and proactive DON’T § Expect miracles overnight § Be inconsistent with scheduling § Leave out sales leadership § Overwhelm with material Do’s and Don'ts of Sales Training
  • 25. SLIDE 25 Email Blast Nurture Streams SDR/Sales Email Blast SDR/Sales Call Blitz AM/AD Email Blast AM/AD Call Blast Social Advertising Display Advertising Retargeting Events Website Webinar / Video Executive Briefings In Product Messaging Content Syndication MULTI-CHANNEL ABM CAMPAIGNS
  • 26. © 2016 DEMANDBASE / SLIDE 26 CUSTOMER BANNERS PROSPECT BANNERS 71% Lift 69% Lift
  • 27. Launch-Q3 ‘16 Q3-Q1 ‘17 In FlightCREATIVE ITERATIONS SINCE LAUNCH
  • 28. Banner A Banner B TOUCH 1: ADS & LANDING PAGES
  • 29. SLIDE 29 TOUCH 2: ADS & LANDING PAGE
  • 30. CREATIVE ITERATIONS SINCE LAUNCH Launch-Q3 ‘16 Q3-Q1 ‘17 In Flight
  • 31. Banner A Banner B TOUCH 1: ADS & LANDING PAGES
  • 32. TOUHC 2: ADS & LANDING PAGES Banner A Banner B
  • 33. SLIDE 33 VIDEO AND ABM ON SOCIAL • Target Accounts Only • FB Demographic Profiles • 5,000 impressions in one month to Pfizer employees
  • 34. © 2016 DEMANDBASE / SLIDE 34 MEET YOUR ACCOUNT DIRECTOR EMAIL CAMPAIGN Personalized Videos to Accounts Open Rate: 51% Unique Open Rate: 16% CTR: 2.8% Click to Open: 7%
  • 36. © 2016 DEMANDBASE / SLIDE 36 MEET YOUR AM EMAIL CAMPAIGN Open Rate: 224% Unique Open Rate: 38% CTR: 16% Click to Open Rate: 20%
  • 37. SLIDE 37 RESULTS 219 Responses 86 Meetings $200K+ in Pipe
  • 38. SLIDE 38 DIRECT MAIL & MICROSITE 1,000 pieces mailed to current accounts
  • 39. DO § Segment § Take a multi-channel approach § Test and Experiment § Measure DON’T § Stop inbound efforts § Boil the ocean § Rush to judgment § Forget sales Do’s and Don'ts of Campaigns
  • 42. SLIDE 42 ABM STAKEHOLDER MEETINGS Bi-weekly meeting: Sales and Marketing Leaders Topics Discussed: • List updates • Campaigns running • Advertising results • Engaged/unengaged accounts • Next steps
  • 43. SLIDE 43 Brightcove’s Starting List - Over 500 Accounts - Blend of New & Existing Logos Brightcove Marketing - Nurture Programs - Online Advertising - Direct Mail - Social - Email Campaigns - Content Syndication - Events Brightcove Measurement - Dashboards - Monthly Stakeholder Meetings Brightcove List #5 - 4,000 Accounts THE ABM FORMULA Build the List Market to the List Measure Performance Refine / Expand the List
  • 44. SLIDE 44 IN ONE YEAR… FROM TO 100% Inbound Hybrid One-Size-Fits-All Personalized Lite Customer Marketing Dedicated Effort Reactive Pursuit Proactive Pursuit Fragmented Aligned 0% of Pipeline 30% of Pipeline
  • 45. § Be Persistent and Patient § Be Methodical § Be Creative § Be Opportunistic § Use Video J Final Thoughts…