The biggest challenge every marketer faces with ABM is balancing maintaining the campaign’s strategy while keeping sales informed and engaged.
This is why we have joined forces with PFL and Dynamic Signal to review the top 5 common mistakes marketers make when rolling out an ABM strategy and hear how to recover from them.
5. 5
The Success of ABM
Personalized Communications
It’s no secret AMB is successful when
executed well. Here’s why:
• Personalized Communications
• Trackable Results
• Alignment of Marketing and Sales
Trackable ROI
Alignment of Marketing and Sales
PersonalizationResultsAlignment
6. 6
Challenges of ABM
Understanding Metrics
ABM strategies aren’t easy to execute with
success. Here’s why they’re hard:
• Understanding Metrics
• Multichannel Campaign
• Alignment of Marketing and Sales
Multichannel Campaign
Scaling Campaigns
DataMultichannelScaling
7. 7
What Are Your ABM Challenges?
Understanding Metrics
A) Understanding Metrics
B) Multichannel Campaign
C) Alignment of Marketing and Sales Multichannel Campaign
Scaling Campaigns
DataMultichannelScaling
8. About Dynamic Signal
Dynamic Signal is the Employee Communication and Engagement
Platform, trusted by world-class enterprise organizations to increase
productivity and empower advocacy by informing and engaging
employees with timely, relevant content across channels and devices.
A Few of Our Customers:
9. A Snapshot of Our ABM Strategy a Year Ago
Where We
Were a
Year Ago
Impact Analysis
End of Quarter
Campaign Development Campaign Execution
Week 1 Week 3 Week 6-7
Strategic
Planning
Theme &
Messaging
SDR
Alignment
Campaign
Stand Up
Go Live SDR Follow
Up
10. The 5 Mistakes We Were Making
Campaign Development SDR Alignment AE Partnership
Measuring Results Going Beyond Marketing
11. Campaign Development
Building a Campaign
• 100% focused on Marketing objectives
Campaign Execution
• In-House Operation
• Timeline varied between 4-6 weeks
Scalability
• Lack of resources
• Running 1 campaign per quarter, 2 if we were lucky!
12. SDR Alignment
SDR Organization
• 50+ person team located across San Francisco, Chicago, and London
• Highly focused on outbound sales
Alignment with SDR Outreach
• Accounts and prospects were selected by SDRs
• Time lapse between SDR’s campaign introduction and execution
Workflow
• All follow-up was led by the team
• Interruption to SDR workflow
• Campaigns lived and died with the SDR team
13. AE Partnership
AE Organization
• 25 AEs working across the country (80% remote)
Nonexistent Partnership
• Lack of metrics and previous mix of inbound leads
• Expectation they’d work with the SDR team
• Overall lack of transparency with marketing goals
14. Measuring Success
Metrics
• SDR team activity was vital for success
• Largest success metric was meetings booked
Results
• 13% of opportunities created were touched by direct mail campaigns in Q2 2018
• 95% of those opportunities were closed/lost within the quarter
Ongoing Impact
• No tool to measure the lasting business impact
• Lack of consistency in how we were supporting the sales organization
15. Going Beyond Marketing
Focus
• TOFU campaigns
• Generating new business deals for the sales team
• Consumed with the campaign set up
16. Our survey of 575 marketers found that dimensional
mail does the best job of representing a company’s
brand
Source:
Multichannel Marketing Report by Demand Metric and PFL, 2019
18. True Partnership with PFL
• Campaign brainstorms, builds, and timelines
• Customer Success and Grizzly teams
Tactile Marketing Automation
• Gaps in our strategy
• Real-time support
Scalability
• Running 5, soon to be 7, campaigns
• Add 1-2 every quarter
• 7-8 month timeline
Campaign Development
19. New Process
• Monthly team meetings
• SDR Onboarding
Campaigns
• Dynamic Signal Brochure
• Pre-Event Postcard
• Post-Webinar & Post-Event Postcards
• BBQ Kits
Wins
• Fastest closing corporate deal
• Influenced $1.2M in ARR
SDR Alignment
20. Team Buy-in
AE Partnership
“I just walked out of the best
onsite I’ve had in my entire Sales
career” –
VP Enterprise Sales on a meeting
book with the BBQ Campaign
21. Measuring Success
Results
• Bizible Implementation
• Direct Mail campaigns touch 65%
of all opportunities
• 52% increase from 2018
• Influenced $2.12M in revenue
22. Going Beyond Marketing
Supporting Other Teams & Strategies
• PFL is used across 3 departments at the organization
• Customer Success
• In-Funnel Campaigns
• Swag
• Customer Marketing
23. How We Look at ABM Today
TOFU
SDR Workflow
Top-Tier
Accounts
Webinar &
Event Support
Persona
Targeting
In-Funnel
Stage 1 -2
Campaign
Stage 3
Campaigns
Customer
Lifecycle
Customer
Launch Gifts
Customer
Triumphs
Upsell
Campaigns
Thank you and I am excited to have you here today. We are sharing an amazing story about a high performing marketer who is going through transformation and seeing great results.
My name is Marne Reed, Chief Evangelist and a 17 year veteran here at PFL. I am excited to be joined by our customer Katie Kelley, Senior Associate and Customer Marketing at Dynamic Signal.
PFL is a marketing technology company that helps marketers cut through the digital clutter by delivering impactful and meaningful messages with Tactile Marketing automation. We do this by integrating with the systems and tools you already use from your marketing automation platform to your CRM, and make sending a postcard or multi-piece dimensional mailer as personalized and timely as digital marketing.
Slide 6: WHY ABM
Personalization
Personalization engage customers and prospects on a new level – marketers can change the type of marketing based on the size and industry of the account
Allows marketers to target the accounts are the highest priority and tailor messaging that helps them stand out among the clutter
Buyers prefer personalized interactions and ABM delivers just that
Results
Like any marketing strategy – ABM must be trackable. According to the Information Technology Services Marketing Association, 84% of businesses surveyed said that account-based marketing delivers higher ROI than other types of marketing.
The increase in ROI comes from understanding your accounts and the marketing channels they best react to and scaling those channels.
Alignment
No area of the business should operate in a silo. AMB helps the sales and marketing team align on strategy and tactics. When targeting higher value accounts, it’s important to develop a thoughtful approach from marketing and sales that boost engagement and ABM helps you do just that.
Slide 6: Challenges of ABM
Understanding Data -
In a world with a plethora of data – how do you combine all of your data sources, make sure they’re accurate, and tell and tell a story with your data?
How can you enrich your data in real time?
Multichannel Campaign Consistency
AMB is most successful when multiple marketing channels are utilized. The maintaining consistency across the orchestration of these channels can be difficult!
Scaling Campaigns
How do you scale successful campaigns and shut down unsuccessful ones?
Slide 6: Challenges of ABM
Understanding Data -
In a world with a plethora of data – how do you combine all of your data sources, make sure they’re accurate, and tell and tell a story with your data?
How can you enrich your data in real time?
Multichannel Campaign Consistency
AMB is most successful when multiple marketing channels are utilized. The maintaining consistency across the orchestration of these channels can be difficult!
Scaling Campaigns
How do you scale successful campaigns and shut down unsuccessful ones?
Target buying persona: Communications, Marketing, and IT
Linear format
All across the board from campaign development to how we worked with the sales organization, measured results and more
Campaign Development: How we were approaching a campaign from the very beginning and setting the tone for the entirety of its development
The level at which we depended on the SDR team to bring success to campaigns and getting the team on board
SDR Organization
50+ person team located across San Francisco, Chicago, and London
Highly focused on outbound sales
Alignment with SDR Outreach
Accounts and prospects were selected by SDRs
Time lapse between SDR’s campaign introduction and execution
What we expected of the sales organization in terms of follow up and the relationship we developed between the two departments
Without a proper way to measure the results, we were left with insufficient understanding of ROI and how to improve our ABM strategy
The way in which our ABM strategy was structured didn’t allow us to explore the possibility of direct mail expanding to across our organization
Team Buy-in
Scalable campaign for the Enterprise team
Expectation they’d work with the SDR team
Overall lack of transparency with marketing goals
Personal Measurement
Half the time to stand up campaigns
Ease of use