Webinar: Leveraging Account-Based Marketing and Account-Based Sales in the Enterprise
Transcript of Webinar: Leveraging Account-Based Marketing and Account-Based Sales in the Enterprise
LEVERAGING ACCOUNT-BASED MARKETING AND ACCOUNT-BASED SALES
IN THE ENTERPRISEFeaturing: Jon Miller, Founder and
CEO of Engagio
Ken Krogue, Founder and Chief Evangelist of InsideSales.com
Special Guest: Rich Neal, Founder and CEO of mPathDiscovery
and author of 'Expanding Sentience'
How this will work• This webinar will last about 45 mins + Q&A
• Type in your questions in the Q&A box as you think of them
• Join the conversation using #InsideSalesWebinar
• This is being recorded… I’ll tell you how to access the recording at the end
Sales Acceleration Podcast
Gabe Larsen Steve Eror
Today’s Speakers
Jon Miller Founder & CEO
at Engagio
LinkedIn.com/in/JonMiller2 @JonMiller
Ken KrogueFounder and Chief Evangelist
at InsideSales.com
LinkedIn.com/in/KenKrogue@KenKrogue
Rich NealFounder and CEO at mPathDiscovery
LinkedIn.com/in/RRneal
Copyright ©2016, Engagio Inc.
Agenda
Hacks for ABE
3 Step Process
Why Account Based
Everything?
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Why Account Based Everything
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Different Demand Types
SiriusDecisions
Account Based
Demand Generation (Lead Based)
Account Type PipelineKPI Averages
Large: Strategic Enterprise
Named/Territory
Small/Midsizeand Non-Named
Influenced: 60-75%Sourced: 15-25%
Influenced: >75%Sourced: <10%
Influenced: 50-60%Sourced: 25-45%
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Nets versus Spears
DemandGeneration Account Based
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The Next Big Thing?
Google Trends for Account Based
Marketing
Engagio founded
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But Marketing Isn’t SufficientABM Not Enough
Source: TOPO
15%
Penetration into target accounts
Rise of Sales Development
“[Account Based Sales Development is] today’s most effective Account-Based tactic.” – TOPO
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Account Based Marketing
Account Based Sales
Development
Account Based Sales
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Hello, Account Based Everything
Orchestration
Account Based
MarketingAccount Based
Sales Development
Account BasedSales
Account Based
Customer Success
3 Step Process for Account Based
Everything
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What do we want to say?(offers)
Who should we say it to?(segments)
Who are we trying to reach?(accounts)
What should we say?(message)
Where should we say it?(channels)
Where should we say it? (channels)
Dem
and
Gen
Acco
unt
Base
d Ev
eryt
hing
Who
How many decision makers?
5.4 (CEB)7 (IDC)
ANUM is the New BANTB = BudgetA = AuthorityN = NeedT = Timing
A = AuthorityN = NeedU = UrgencyM = Money
Old New
Authority is more important than ever!B = BudgetA = AuthorityN = NeedT = Timing
A = AuthorityN = NeedU = UrgencyM = Money
Old New
The Circle of Influence
The Path to Power
Company data points1. Pre-existing technology = Need*2. # of Employees = Need*3. # of Sales Reps = Need*4. Industry = Need*5. Inside Sales Structure = Need6. Business Type = Need *7. Buying Mode = Need8. Defined Timeline = Urgency9. Funding Capability = Money*10. Budgeted Funding = Money
*Indicates data that we could append to the lead before we called.
Contact data points1. Title Level = Authority* 2. Title Function = Authority*3. Degree of Influence = Authority4. Management Directed = Authority5. Easy to Reach = Authority6. Decision Making Role = Authority7. Content Offer Type Category = Need*8. Content Lead Source Category = Need*9. Urgency of Perceived Need = Urgency10. Compelling Event Defined = Urgency
*Indicates data that we could append to the lead before we called.
Manualytics
NEURALYTICS
32
1. Ideal Customer Profile 2. Ideal Buyer Personas
• Firmographics• Technographics• Geography• Behaviors• Intent• Predictive
For each member of buying committee• Buyer• Influencer• User• Gatekeeper
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Styles of ABE
5-50 accounts (“tens”)
50-1,000 accounts (“hundreds”)
1,000+ accounts (“thousands”)
Hybrid
Lite
Classic
What
With #ABE you need to knock on people’s doors.
– @jonmiller
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Opt out, tune out, toss out
“Template emails are roulette wheels. If you only get 100 rolls of the roulette wheel, then you need to increase your odds.”
– Craig Rosenberg
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Three most important factors in enterprise decision: • Knowledge and understanding of my unique business
issues • Knowledge and understanding of my industry • Fresh ideas to advance my business
ITSMA
“75% of executives will read unsolicited marketing materials that contain ideas that might be relevant to their business.”75%
25%
Yes
No
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• Market• Company• People• Relationships• History• Connections• Door Openers
What To Research
WHAT THE BUSINESS ECOSYSTEM IS THINKING IN TERMS OF THE BIGGEST
CHALLENGES/OBSTACLES - AS IDENTIFIED BY ROLE
Artifacts used in this study: 623,000,000
Age Range of Harvest: Approx. 3 years
GeoPolitical Parameters: United States
Language(s): English (U.S.)
ANALYTICAL CORPUS
RESEARCH FOCUS: WHAT MATTERS MOST TO THESE BUSINESS PERSONAE?
TITLE FUNCTION GENERIC FINANCE TECH
TITLE LEVELS
CEO CFO CTO/CIOC Suite
Improve on Market share Quality Assurance Funding and Budgets
EVPIncreases in Shareholder Value
Align w Regulatory Factors IT-Business alignment
VP Lower CostsAlign with Regulatory Factors Lower Costs
DIRECTOR Lower CostsAlign with Regulatory Factors
Improving Personnel Retention
MANAGER Teamwork OptimizationTeamwork Optimization
Optimizing Project Planning/Deliverables
SUPPORT STAFF Echoing Mission StatementEchoing Mission Statement
Echoing Mission Statement
SALES Increase $/sale N/A Increase $/sale
TITLE FUNCTION SALES OPS/ENABLEMENT INSIDE SALES SALES
TITLE LEVELS
CRO CSOC Suite
Knowledge Management Increase $/sale Increase $/sales
EVP Shorten Sales Cycle Increase $/sales Increase $/sales
VP Optimize Sales ProcessExpansion within Existing Accounts Increase $/sales
DIRECTOR Optimize Sales ProcessImprove Personnel Retention
Improve Personnel Retention
MANAGERImprove Sales Ops approach/Planning
Teamwork Optimization
Teamwork Optimization
SUPPORT STAFF Echoing Mission StatementEchoing Mission Statement
Echoing Mission Statement
SALES N/A Increase $/sale Increase $/sale
RESEARCH FOCUS: WHAT MATTERS MOST TO THESE BUSINESS PERSONAE?
TITLE FUNCTION Client Services MARKETING BIZ DEV
TITLE LEVELS
CCO CMOC Suite
Lower Costs Customer Intel Increase $/sales
EVP N/A Customer Intel Shorten Sales Cycle
VP Knowledge Management Customer Intel Increase $/sales
DIRECTOR Knowledge Management Prioritizing Data Increase $/sales
MANAGER Teamwork OptimizationTeamwork Optimization
Teamwork Optimization
SUPPORT STAFF Echoing Mission StatementEchoing Mission Statement
Echoing Mission Statement
SALES N/A N/A Increase $/sale
RESEARCH FOCUS: WHAT MATTERS MOST TO THESE BUSINESS PERSONAE?
mPathDiscovery’s Analytic and Reporting Systems offer data-driven, behavioral science-derived insight into the thoughts and actions of market participants involved in dynamic issues that affect you.
www.mpathdiscovery.com
Where
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Marketing• Events• Direct mail• Online advertising• Social ads• Web personalization
Sales / Sales Development• Human Email• Phone• Social
Channels
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Copyright ©2016, Engagio Inc.
Touch Day Step(s) Description
0 Pre Research Find out 3 pieces of relevant information1 Pre ABM Ads Build awareness with targeted ads
2 Pre Dimensional Mail
Package / postcards to decision maker + influencers
3 1 Triple Touch Human email + voicemail + social (InMail)4,5 1 Double Touch Human email + voicemail6,7 3 Double Touch Human email + voicemail8,9 7 Double Touch Human email + voicemail
10,11 13 Last Chance Last chance email + voicemailOngoin
gOngoin
g Human Nurture Share relevant insights ever 3-4 weeks
Multi-step and Multi-Channel
TOPO
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Account Executive
Marketing Ops
SDR Manager
Roles
Account Management
Account Executive
Sales Development
Rep
CEO
Sales Ops
Coach Quarterback
Players
VP, SalesDemand Gen
Hacks for Account Based
Everything
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Lead to Account Matching
LeadsAccount
Fuzzy logic match on name, company, IP, geography =• Account-level visibility• Better routing
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Marketing Qualified Accounts (MQAs) not MQLs
49
Breadth
Dep
th
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Account Based Metrics Are DifferentDemand Generation Account Based MarketingLeads AccountsQuantity QualityDays and Weeks Months and YearsCreate Pipeline Influence PipelineNew Business Land and ExpandInbound Outbound
Measurement
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Impact: Are ABM activities improving key sales outcomes?
Do you have sufficient data, contacts, and account plans for each target account?Coverage:
Are the target accounts aware of your company?Awareness:
Are marketing programs reaching target accounts?Reach:
Are the right people at the account spending time with your company? Is that engagement going up over time?
Engagement:
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Impact: Are ABM activities improving key sales outcomes?
Do you have sufficient data, contacts, and account plans for each target account?Coverage:
Are the target accounts aware of your company?Awareness:
Are marketing programs reaching target accounts?Reach:
Are the right people at the account spending time with your company? Is that engagement going up over time?
Engagement:
ABE Market Map
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Data Vendors Predictive
Who: Selection What: InsightAccount Insight
Where: InteractionAds
Infrastructure Lead to Account match
(L2a);Routing; ABM Analytics
Web
Orchestration
Synchronize Interactions into
coordinated Plays
Direct / Physical
Events
Human Email
Phone Social
Com
plementary
Other
Intent & Technologies
Attribution
Person Insight
Advocacy
CRM`Account Plannin
g
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• Marketing isn’t sufficient for comprehensive account-based outreach
• Account based marketing and account based sales development perpetuate silos – need Account Based Everything
• Outbound does not need to mean interruption; use account-specific research to maximize relevance
• Coordinate account-based plays across channels and players for maximum impact
• Lead to Account Matching is the foundation of account-centric success
Top Tweetable Takeaways
@jonmiller
engagio.com/GuideGet your free copy today!
The Clear and Complete Guide to
Account Based
Marketing
Webinar Recording & Free Resources• Tomorrow we will email you a link to today’s recorded
webinar, feel free to share it with your colleagues• Take advantage of the resources available for download
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WATCH NOW link in the free resources window
Q&A
Jon Miller Founder & CEO
at Engagio
LinkedIn.com/in/JonMiller2 @JonMiller
Ken KrogueFounder and Chief Evangelist
at InsideSales.com
LinkedIn.com/in/KenKrogue@KenKrogue
Rich NealFounder and CEO at mPathDiscovery
LinkedIn.com/in/RRneal
In this ebook, we invite you to tour a day in the life of a top performing rep to see how your team can:
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CSO Insights reports that the average sales rep only spends two days a week effectively selling
Cold Calling and Sales Prospecting: A Day in the Life of a Top-Performing Sales Rep
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