Fire-Breathing ABM: Orchestrating Target Account Plays “In-Fuze-d” With Rich Purchase Intent
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Access the full webcast here: https://dg-r.co/2L4TQyj This webinar, featuring Ken Evans, Senior Director of Marketing Operations of Fuze, and John Steinert, CMO of TechTarget, showcases how a leading player in the unified communications space (UCaaS) has accomplished this by infusing real purchase intent insight into its operations as both a shared foundation for better collaboration and fuel for enhanced sales and marketing performance. In the presentation you will learn how to: • Think pragmatically about what it takes to achieve ongoing alignment; • Organize around a mutually agreed view of the truth; • Identify and penetrate accounts based on rich ICP detail, assigned rep-specific inroads and critical activity insights; • Diagram specific plays to engage key buyer personas based on intent to purchase more effectively; and • Arm sales teams with “on the go” insights to make smarter decisions and drive more productive conversations.
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Fire-Breathing ABM: Orchestrating Target Account Plays “In-Fuze-d” With Rich Purchase Intent
- 1. #bii18 Fire-Breathing ABM: Orchestrating Target Account Plays “In-Fuze-d” With Rich Purchase Intent SPONSORED BY:
- 2. #bii18 Your Source For The Latest B2B Marketing News & Trends demandgenreport.com twitter.com/DG_Report linkd.in/DG_Specialists
- 3. February 25–27, 2019 SAVE THE DATE: Join Our B2BMXperts community: b2bmx.influitive.com/join/now Hyatt Regency, Scottsdale www.b2bmarketing.exchange
- 4. #bii18 #bii18 Prize Pack: Register & Attend to Win Join all our #bii18 sessions live for the best chance to win • $10 Starbucks gift cards - 1 winner per session • Free passes to #B2BMX - 1 winner per day • $500 Expedia gift card - 1 winner per series
- 5. How are we doing? #bii18 Questions, Tweets, Resources, Survey
- 6. #bii18 Speakers Ken Evans Fuze John Steinert TechTarget Will Pringle Fuze Brian Anderson Demand Gen Report
- 7. ©TechTarget 7 Fire-Breathing ABM: Orchestrating Target Account Plays “In-Fuze-d” with Rich Purchase Intent Ken Evans, Fuze, Sr. Director, Marketing Ops Will Pringle, Fuze, VP Worldwide Demand Gen John Steinert, TechTarget, CMO July 12, 2018
- 8. ©TechTarget 8 • “Fire-breathing” ABM: Better Activation from Better Alignment & Enablement (Orchestration) ⎻ Where this learning comes from ⎻ Mini case studies for getting there • Fuze ⎻ Where we started ⎻ Key “ahas” and actions ⎻ Where we are • Updates and wrap up ⎻ Priority Engine™: Real purchase intent enablement updates ⎻ Takeaways and Q&A Agenda
- 10. ©TechTarget 10 Priority Engine: The intent-based foundation for better ABM Mission-critical component of customer initiatives & success Wide-scale adoption across geos and market segments • 76% of customers upload named account lists • 8.2M exported active prospects from Priority Engine in the last year • 19K ABM lists created – delivering weekly prospects and fueling specific marketing/sales needs (avg = 48) • Supporting 5,400 custom ABM campaign streams (avg = 14) • 400+ customers across 9 geos • 85+ Data Center / Cloud Infrastructure customers • 85+ Business Applications customers • 75+ Security customers • 70+ Storage customers • 50+ Network Infrastructure customers • 35+ End-user computing customers
- 11. ©TechTarget 11 3. Build insights2. Identify contacts 4. Create relevant messaging 5. Drive relevant interactions 6. Execute coordinated plays 1. Define accounts With Intent in place, it’s about Aligning for and Enabling Activation Activation
- 12. ©TechTarget 12 Greater success comes from better activation
- 13. ©TechTarget 13 To Operationalizing better activation From Source: Druva • No explicit sales goals or incentives to sell a new offering • Immature “SLAs” and feedback processes between Marketing and Sales • Etc. • Sales goals and teams assigned by product • Agreed end-to-end “SLAs” • Fully transparent, purchase intent-informed feedback processes
- 14. ©TechTarget 14 • Built a BI tool to track and analyze performance end-to- end • Weekly GTM meetings between the Demand Gen team and SDRs for alignment • Weekly Phoenix tiger team meetings with Product, PMM, Sales, Marketing Maintaining continuous alignment & enablement Source: Druva Executive Support (CEO/Board) Demand Generation Team Sales Team
- 15. ©TechTarget 15 Results Highlights 30% growth in shortlist consideration 120+ sourced or influenced opportunities within quarter 350% increase in Quarter over Quarter revenue 33x more productive than comparable program cost-per-opportunity Source: Druva. FY18 Q3 TechTarget AWS segment; (10-1-17 to 12-31-17)
- 16. ©TechTarget 16 Think it through, up front
- 17. ©TechTarget 17 25,000+ Leads!!!! From Focused on the Channel To Serving Customers based on their preference
- 18. ©TechTarget 18 25,000+ Leads!!!! Objectives and measurements out of sync Source: Masergy “These leads are bad” “Wrong person” “We’re not interested” “Remove me from your list” “These guys are competitors” “We just signed a contract” “I don’t manage that”
- 19. ©TechTarget 19 • Realize real $$$ • Clearly defined ABM Total Addressable Market (TAM) • Meaningful Sales conversations Operationalizing “Fire-Breathing” ABM Goal Strategies Source: Masergy Awareness + Predictive + Intent + Outreach
- 20. ©TechTarget 20 Responsibility & routing • BDR support across all • Tier based routing • TAM account queue • Collect and utilize intent Activation: Aligned/Enabled ABM Source: Masergy TAM Accounts Predictive Scoring Intent Indicators
- 21. ©TechTarget 21 Named account penetration ~7X Opportunity Creation 50% Higher Opportunity MRR 10% Sales Cycle Reduction Results 0 10 20 30 40 50 60 70 80 90 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr NonTarget Target Account
- 22. The Fuze Journey • The journey to Sales and Marketing alignment • The How-to of launching a Target Account strategy • The orchestration and execution of Intent-based campaigns and enablement
- 23. 23 $484 Million Funding Average Deal Size $250k 1,800 Global Customers www.fuze.com
- 24. Phase 1: Alignment & Shared Goals • People, processes (SLAs), definitions, and KPI’s 24 VP WW Sales VP EMEA Sales VP NA Sales VP WW Inside Sales VP Sales Ops VP WW Demand-Gen Dir EMEA Mkt Dir NA Mkt Dir WW Campaigns Sr Dir Mkt Ops
- 25. Phase 1: Tech Stack, Waterfall, …Action! • Baseline technology, workflows, alerts, nurturing, attribution, reporting/dash 25 Eloqua FullCircle Allocadia Salesforce.com Seismic Tableau …EXECUTION!
- 26. Phase 2: Target Account Strategy & Set Up • Problem: Every sales rep is sacred! • Solution: Focus • Sales created profile…Marketing delivers • Final (and ongoing) step: Assigning “Top 200” Accounts 26 Focus Attribute Match Employee Size 350-5,000 Industries Technology, Retail, Finance, Professional Services, Healthcare Office locations 2+ Current IT infrastructure Existing cloud platforms (ServiceNow, etc.) Telephony infrastructure Legacy, on-prem PBX (Cisco, et al)
- 27. The Work…NOT Fire Breathing
- 28. The Work…NOT Fire Breathing 28
- 29. The Work…NOT Fire Breathing 29
- 30. Phase 2: New Execution 30 LinkedIn Nurturing New Contacts Marketing to Active Opportunities Retargeting
- 31. Phase 3: Fire Breathing • Account Scoring & Intent Signals 31
- 32. Updated Tech Stack Eloqua FullCircle Allocadia Salesforce.com Seismic Tableau Intent Signals Engagio
- 33. New Execution & New Sales Enablement 33
- 34. Target Account Experience Is it Working?
- 35. Is it Working? 35 Source: Frost & Sullivan Synergy Research report for Q2 2017
- 36. Next Steps • Continue training and alignment • Improve alerts and reporting • Expand intent signals • Leverage signals for more targeted campaigns • Fail fast, fail forward 36
- 39. ©TechTarget 39 Priority Engine Activation benefits from real purchase intent Establish a better ABM foundation • See more demand; see it more completely • Treat accounts based on active demand reality, not only on scores or leads. • Build more responsive lists and more effective plays Boost productive activation • Real demand is understood – No “bad” leads, real information • Everyone knows exactly who to engage and what to talk about • All teams are primed with fresh “hooks” to improve every account interaction Operationalize alignment & enablement • SLAs can be built around a shared, strategic view of the truth • Easy-to-understand account view in Priority Engine and in Salesforce.com • One-click portable URL – instant collaborative access to active demand information from anywhere
- 40. ©TechTarget 40 Thank you. Ken Evans Fuze, Sr. Director, Marketing Ops Will Pringle Fuze, VP Worldwide Demand Gen John Steinert TechTarget, CMO
- 41. #bii18 Q&A / Speakers Ken Evans Fuze John Steinert TechTarget Will Pringle Fuze Brian Anderson Demand Gen Report
- 42. #bii18 Register for more sessions now thru July 13th! Join Our Next Session: The ABM Content Challenge: How to Balance Personalization and Scale webinars.demandgenreport.com/bii18 Friday, July 13th 12:00 PM (EDT)