πŸ•΅πŸ»β€β™‚οΈ 4 stages of ABM

Aug 10, 2022 1:43 pm

Hey , today we’ll go over the 4 stages to launching a successful ABM program. 


But before we dive in, here are some job listings that you or someone around you might be interested in.


TRENCHES JOB BOARD

MaxBill is hiring a B2B Demand/Lead Generation Specialist


Responsibilities: 

  • Execute data research and contact qualification for outbound/ inbound campaigns.
  • Drive lead generation programs, measure, analyze, and optimize lead generation channels.
  • Create, manage, and develop email campaigns, landing pages, capture forms, and automation workflows to stimulate interest to MaxBill products and solutions.


Learn more and apply here.


Flashtract is hiring a Head Of Marketing (Remote US, >150k)


Requirements:

  • 5+ years of B2B marketing leadership experience ;
  • 1+ year of experience in a managerial/leadership role, with the ability to recruit, retain, and motivate both existing and future talent;
  • Experience working with marketing and sales automation systems (Outreach, Salesforce, and Pardot experience a plus) ;
  • Experience with selecting and managing outside agencies ;
  • Construction industry knowledge or experience is a plus

 

Learn more and apply here.


Now, let’s get to the meat of the matter.


Stage 1: π€ππŒ 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲


Before running an execution, make sure you have:


  • Defined the market segment you want to focus on.
  • Clearly defined your ICP including buying committee structure:
  1. Roles
  2. KPIs
  3. Why they can buy the product
  4. Typical concerns and objections, and how to address them
  • Alignment with execs and sales on:
  1. Goals
  2. Leading indicators (how you'll evaluate campaign success)
  3. Account qualification and disqualification criteria
  4. Budget
  5. ABM team structure
  6. Value proposition hypotheses tailored to each of the buying committee members of the selected segments


Stage 2: 𝐏𝐒π₯𝐨𝐭 π€ππŒ 𝐜𝐚𝐦𝐩𝐚𝐒𝐠𝐧

 

DOs: 𝐅𝐨π₯π₯𝐨𝐰 𝐭𝐑𝐞 1-1-1-1-1-1-1-1-10 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐀

 

This framework stands for:

 

- 1 market

- 1 vertical

- 1 SDR

- 1 marketer

- 1 source of intent data

- 1 warm-up tactic

- 1 tier

- 1 goal (expansion, net new revenue, acceleration, renewal)

- 10 accounts (3 buying committee members per account) max

 

Why?

 

The Pilot campaign is an experiment. You make hypotheses about your ICP, do preliminary account research and learn a lot about target accounts. 

 

You need to apply learnings to improve account qualification criteria, account research process, and activation processes.

 

The goal is to launch a campaign fast with minimum resources to avoid losing momentum and trust from execs and sales.

 

DON’Ts:

 

- Including lots of accounts in the pilot program (you won't be able to run ABM properly)

- Adding a wish list of accounts instead of engaged accounts

- Allocating big budget

- Involving the entire sales team. You need 1 SDR who'll be your Champion in the sales team helping to scale the program later.

 


Stage 3: π€ππŒ 𝐨𝐩𝐞𝐫𝐚𝐭𝐒𝐨𝐧𝐬

 

DOs:

 

- Installing new sources of intent data to identify engaged accounts

- Documenting campaign

- Creating marketing and sales playbooks

- Creating ABM tech stack

- Turning pilot campaign into an evergreen process

- Launching a new pilot campaign with a new warm-up tactic

 

DON’Ts:

 

- Adding more salespeople to the program

- Investing in expensive ABM software or adding ads as a warm-up tactic

 

Your goal is to embed ABM into your marketing operations and make it an evergreen process instead of one-time campaigns.

 


Stage 4: π’πœπšπ₯𝐒𝐧𝐠 π€ππŒ

 

DOs:

 

- Creating a core ABM team

- Onboarding more SDRs and marketers with documented playbooks

- Including new verticals and markets

- Modifying campaigns for tier 2 and tier 3 accounts

- Embedding ABM into marketing operations and demand generation


 

Dear , don’t skip these 4 stages and launch mass campaigns right from the bat. If you do, you won’t be able to execute ABM properly and you’ll lose money, trust, and support from sales & execs.


Upcoming community events

ABM Days, Boston, MA (August 30th, 3pm ET) 


Join Fullfunnel.io, Goldcast and Alyce in-person for a one-of-a-kind hybrid event experience in Boston's trendy Seaport neighborhood.


image


Join our expert speakers for a chance to get all of your B2B marketing questions answered, gather insights to accelerate your career and business, and create new connections.

 

Can't make it to Boston? We got you. We will be streaming the content virtually via the Goldcast platform.


Register Now


B2B Marketing Strategy Live Bootcamp 


Want to start selling the way your best customers buy? Join us for our B2B Marketing Strategy Live Bootcamp. 


Oct 10 – Nov 3

 

08 practical workshops to:

  • Develop a full-funnel marketing plan to create awareness, generate & capture demand, and generate sales opportunities with target accounts
  • Define marketing activities & content that can attract the attention of target buyers, educate them, and generate demand for your product
  • Get marketing & sales alignment on goals, ICP, campaigns, and leads hand-off process
  • Build a unified marketing & sales report to connect all marketing activities to revenue even if your sales cycle is long


Learn more about the Bootcamp here


Best Shares From Trenches Community


NOTE: If you found this content interesting and useful, chances are you have 1 or 2 colleagues (well, maybe 03) who'd also enjoy it. Help them by sharing this and earn some exclusive perks.

 

See you in Trenches πŸ˜‰

 

Adechina D. Odjo,

Content Editor @Trenches

Comments