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ACCOUNT BASED MARKETING
INTRODUCTION
MARKETING
INNOVATION
SUMMIT
FOR B2B
presented by
#B2BSummit | @Demandbase
April 29-30, 2015 | AT&T Park, San Francisco, CA
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
2
Misaligned priorities create a chasm
SALESMARKETING
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
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.
5
The Buyer Journey has changed,
but marketing spend remains the same
SALES
CALL
LEAD
SOCIAL
MEDIA
WEBSITE
VISIT
SEARCH
DETERMINE
PROBLEM
WEBSITE
VISIT
WEBSITE
VISIT
WEBSITE
VISIT
Typical B2B Buying Process
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
6
Digital habits have changed B2B buying
40%
— IDC
more stakeholders
than 4 years ago.
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
7
Proof from 3 Different Analyst Firms
67%
of the buyer’s journey
is now done digitally
⅔-90%
of buyers are through their
journey before they reach
out to the vendor
57%
of the sale cycle is
complete by the time a
supplier is engaged
BOTTOM LINE:
A large portion of the buying process is done online and without Sales.
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
8
The B2B market is finite
Source: US Census Bureau
U.S. Businesses:
28 million
>1 Employee:
6 million
$10M+:
200,000
$100M+:
20,000
$1B+:
2,000
…most B2B companies target 2,000-5,000 accounts total
© 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
Why Account-Based Marketing?
1
•  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
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
11
Getting started with a Target Account List
Iterate
•  Test Assumptions against best customers
•  Build additional attributes & attribute values
•  Expand/Drop attribute list
2
Gather
Constituents – Sales, Marketing, Business
Attributes – Describe your market segments
Customer List – Your best customers
1
Prioritize
•  Set of attributes and values
•  Universe of Targetable Accounts
•  Maintenance and Review Process
3
Deploy4
•  Create Segments
•  Map experiences and benchmark
•  Attract – Engage – Convert – Measure
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
12
ACCOUNT-BASED MARKETING
AT DEMANDBASE
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
13
The Process
IDENTIFY
STAKEHOLDERS
EXECUTE
PROGRAMS
PREDICTIVE
ANALYSIS
SCRUB LIST
ENGAGEMENT
PLANS
MEASURE
REFRESH LIST
QUARTERLY
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
14
Field event prioritization
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
15
Personalized experiences at each touch point
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
16
Measure accounts by territory
$375,50023
AUGUST
$190,35015
JULY
Programs executing this quarter:
§  Account-Based Advertising
§  Account-Based Retargeting
§  Chicago Field Program
§  Cleveland Appt. Setting Campaign
§  Content Marketing World
Performance Assessment:
§  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
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
17
DB 1500 vs. Non-DB 1500 Accounts
FUNNEL
VELOCITY
ASP CLOSE RATE
Enterprise 7% +26% +75%
Mid Market 4% +5% +10%
Advertising -16% +72% +21%
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
18
ACCOUNT-BASED MARKETING
SCORECARD
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
19
ABM Scorecard Objectives:
§  Self Assessment of where your organization is on
your Account-Based Marketing journey
§  Identify development areas and priority areas for
adoption of Account-Based Marketing
§  Identify workshop sessions that you and/or
colleagues should attend today to build competency
in development areas
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
20
How to fill out the scorecard
§  7 sections – Each covers an important area of
the complete ABM process
§  Score based on how true each statement is
for your own organization
§  Tabulate scores for each section
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
21
FILL-OUT THE SCORECARD
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
22
Top of Funnel ABM. Opportunity to take ABM through the entire funnel.
How to read the assessment score
Mid Funnel ABM. Opportunity in acquisition as well as aligning
and closing the loop with Sales
OPPORTUNITY!!! Make the most of MIS!
© 2015 Copyright Demandbase, Inc.
Demandbase Confidential.
23
THANK YOU!

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Introduction to Account-Based Marketing

  • 1. ACCOUNT BASED MARKETING INTRODUCTION MARKETING INNOVATION SUMMIT FOR B2B presented by #B2BSummit | @Demandbase April 29-30, 2015 | AT&T Park, San Francisco, CA
  • 2. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 2 Misaligned priorities create a chasm SALESMARKETING 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 Leads aren’t valued… of marketing generated leads are never followed up by sales. 50% - Miller Pierce, 2014 VOC Study
  • 5. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 5 The Buyer Journey has changed, but marketing spend remains the same SALES CALL LEAD SOCIAL MEDIA WEBSITE VISIT SEARCH DETERMINE PROBLEM WEBSITE VISIT WEBSITE VISIT WEBSITE VISIT Typical B2B Buying Process
  • 6. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 6 Digital habits have changed B2B buying 40% — IDC more stakeholders than 4 years ago.
  • 7. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 7 Proof from 3 Different Analyst Firms 67% of the buyer’s journey is now done digitally ⅔-90% of buyers are through their journey before they reach out to the vendor 57% of the sale cycle is complete by the time a supplier is engaged BOTTOM LINE: A large portion of the buying process is done online and without Sales.
  • 8. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 8 The B2B market is finite Source: US Census Bureau U.S. Businesses: 28 million >1 Employee: 6 million $10M+: 200,000 $100M+: 20,000 $1B+: 2,000 …most B2B companies target 2,000-5,000 accounts total
  • 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 Why Account-Based Marketing? 1 •  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
  • 11. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 11 Getting started with a Target Account List Iterate •  Test Assumptions against best customers •  Build additional attributes & attribute values •  Expand/Drop attribute list 2 Gather Constituents – Sales, Marketing, Business Attributes – Describe your market segments Customer List – Your best customers 1 Prioritize •  Set of attributes and values •  Universe of Targetable Accounts •  Maintenance and Review Process 3 Deploy4 •  Create Segments •  Map experiences and benchmark •  Attract – Engage – Convert – Measure
  • 12. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 12 ACCOUNT-BASED MARKETING AT DEMANDBASE
  • 13. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 13 The Process IDENTIFY STAKEHOLDERS EXECUTE PROGRAMS PREDICTIVE ANALYSIS SCRUB LIST ENGAGEMENT PLANS MEASURE REFRESH LIST QUARTERLY
  • 14. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 14 Field event prioritization
  • 15. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 15 Personalized experiences at each touch point
  • 16. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 16 Measure accounts by territory $375,50023 AUGUST $190,35015 JULY Programs executing this quarter: §  Account-Based Advertising §  Account-Based Retargeting §  Chicago Field Program §  Cleveland Appt. Setting Campaign §  Content Marketing World Performance Assessment: §  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
  • 17. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 17 DB 1500 vs. Non-DB 1500 Accounts FUNNEL VELOCITY ASP CLOSE RATE Enterprise 7% +26% +75% Mid Market 4% +5% +10% Advertising -16% +72% +21%
  • 18. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 18 ACCOUNT-BASED MARKETING SCORECARD
  • 19. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 19 ABM Scorecard Objectives: §  Self Assessment of where your organization is on your Account-Based Marketing journey §  Identify development areas and priority areas for adoption of Account-Based Marketing §  Identify workshop sessions that you and/or colleagues should attend today to build competency in development areas
  • 20. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 20 How to fill out the scorecard §  7 sections – Each covers an important area of the complete ABM process §  Score based on how true each statement is for your own organization §  Tabulate scores for each section
  • 21. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 21 FILL-OUT THE SCORECARD
  • 22. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 22 Top of Funnel ABM. Opportunity to take ABM through the entire funnel. How to read the assessment score Mid Funnel ABM. Opportunity in acquisition as well as aligning and closing the loop with Sales OPPORTUNITY!!! Make the most of MIS!
  • 23. © 2015 Copyright Demandbase, Inc. Demandbase Confidential. 23 THANK YOU!