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How to Plan a High-Impact ABM Campaign That Drives Results

12/26/2024

Introduction

Account-Based Marketing (ABM) is a smart way for businesses to sell to other businesses. It's not just a trendy term anymore. ABM really works well. Companies using ABM see their return on investment (ROI) go up by 81% on average. This is according to the 2024 ABM Benchmark Report. Also, when businesses use ABM along with Account-Based Advertising, they win 60% more deals. This comes from the 2024 ABA Survey Report. These numbers show why ABM is popular. It helps businesses focus on important customers and build stronger relationships with them. In this blog, we'll show you how to create a powerful ABM campaign. We'll talk about setting goals, working together with sales and marketing teams, learning about how customers buy, and using content made just for them. Whether you want to find new customers or sell more to the ones you already have, this guide will give you useful tips to improve your ABM strategy.

Identify and Prioritize High Value Accounts for Impact

Picking the right accounts is key to a good Account-Based Marketing (ABM) campaign. ABM is when you focus on specific companies instead of a broad audience. You start by making an Ideal Customer Profile (ICP). An ICP is a description of the perfect customer for your business. It helps you find accounts that match your goals and can give you the best return on investment (ROI). "Defining an Ideal Customer Profile (ICP) helps you focus on accounts that fit your business goals, improving ROI and ensuring long-term relationships" (How to Craft an ABM Campaign Plan That Drives Targeted Growth). This way, you use your resources wisely and get the most out of your efforts. Next, you sort accounts into groups based on how much money they might bring in and how important they are to your strategy. This step is called segmentation. "Best accounts for ABM programs are sourced from demand gen campaigns, with marketing focusing on awareness and warming up target accounts while sales focuses on activation" (ABM strategy: the step-by-step guide for B2B companies (2024)). It's important for marketing and sales teams to work together. This helps find accounts that are most likely to buy and stay with you for a long time. You can also use data analytics to pick the best accounts. Data analytics means using data to make smart decisions. "Data analytics is the backbone of effective ABM campaigns, guiding strategies to new heights by defining your ICP, segmenting your accounts, personalizing your outreach, and continuously monitoring and improving your campaigns" (Optimizing ABM Campaigns with Data-Driven Insights). By using this data, you can focus on accounts that will give you the best results.

Craft Tailored Content to Engage Key Decision Makers

Making special content is key to getting the attention of important decision-makers in an ABM campaign. ABM stands for Account-Based Marketing. By using data analytics, marketers can figure out the Ideal Customer Profile (ICP). The ICP is a description of the perfect customer for your business. Marketers can then split accounts into groups and make personal outreach plans. "Engaging with clients using data-driven strategies and personalized communications asserts the agency's authority in the prospects' minds" (The Core of ABM Strategies in B2B Agencies). This way not only helps keep people interested but also builds strong business relationships over time. To make your content work better, you need to match your messages with what the target accounts need and face. For example, companies using ABM see a 209% increase in marketing revenue. This shows how powerful personal campaigns can be (Account-Based Marketing Stats - Insights ABM). Also, 93% of SaaS marketers think ABM is a very or extremely successful strategy. This shows how well it works to get results (B2B Account-Based Marketing Statistics for 2024 - Powered by Search). By using information from data analytics and working together with sales and marketing teams, businesses can make very focused campaigns. These campaigns connect well with decision-makers. This kind of personal touch not only keeps people engaged but also helps turn more leads into customers. This makes ABM a must-have strategy for B2B success.

Use Technology to Streamline ABM Campaign Execution

To run a strong ABM campaign, you need to use technology. It helps make things easier and better. Tools like marketing automation platforms and ABM software let you make special campaigns just for high-value accounts. For example, Marketo and Pardot are platforms that work well with ABM tools like Demandbase and Terminus. They help you run personalized campaigns for each account (Account Based Marketing In 2024: The Critical Guide To Increasing B2B Conversions - ExpertBeacon). These tools make your work faster and help you know when to talk to your target accounts. They use intent data, which tells you when people are interested in what you offer. This way, your campaigns will connect with the decision-makers. Data analytics is also very important for ABM. It helps you keep improving your campaigns. By watching how your campaign is doing, you can make it better to get more people interested and make more money. "The key to success lies in a commitment to data-driven decision-making and a willingness to adapt and refine strategies in response to the insights that data provides" (Leveraging Data Analytics to Optimize ABM Campaigns). This means you keep changing your campaign to fit what your target accounts need. It helps you build stronger relationships and keep growing your business. By using technology and data analytics in your ABM strategy, you can make your campaigns run smoothly. You'll also see real results, like more chances to sell and better connections with customers.

Launch Precise Campaigns with Effective Outreach Strategies

To start precise ABM campaigns, it's crucial to get the sales and marketing teams working together. When both teams aim for the same goals, they can build stronger relationships with the companies they target. In fact, 67% of companies say that their ABM program has made sales and marketing work together much better (30 Eye-Opening ABM Statistics That Prove Its Effectiveness). This teamwork not only helps them collaborate but also leads to more sales opportunities and better chances of winning deals. Effective outreach in ABM means reaching out to specific decision-makers in important companies. By focusing on these key people, ABM campaigns can do really well. For example, 71% of B2B marketers use ABM to connect with high-value accounts, showing how effective it is at turning leads into customers (Account Based Marketing in 2024: Strategies, Tools & ROI). This personalized approach makes sure that the campaigns meet the unique needs of each company, leading to more engagement and better returns on investment. ABM campaigns also get better over time by using data to make smart changes. Tools like Demandbase and Terminus help marketers tweak their strategies so that every interaction counts. By using these advanced tools and focusing on very specific campaigns, businesses can get the most out of their biggest accounts and keep growing.

Monitor Key Metrics to Measure ABM Success

To keep track of how well your ABM campaign is doing, you need to watch some important numbers. These are called Key Performance Indicators, or KPIs for short. Some important KPIs are: - Customer Lifetime Value (CLV): This shows how much money a customer will bring in over time. - Average Deal Size: This tells you how much money each sale brings in on average. - Pipeline Velocity: This measures how fast accounts move through the sales process. For example, "a robust Account Engagement Score reflects successful ABM efforts, signifying active interest and interaction with your content, campaigns, and sales initiatives" (12 Key ABM KPIs and Metrics to Track - Postal). It's also important to keep an eye on conversion rates. This number shows how well your marketing is turning potential customers into real leads or sales. "The conversion rate stands as a critical indicator of the effectiveness of your ABM campaigns, providing a clear measure of how efficiently your marketing efforts are turning potential customers into actual leads or sales" (12 Key ABM KPIs and Metrics to Track - Postal). Another key number to watch is pipeline velocity. This tells you how quickly accounts are moving through the sales funnel. "A swift pipeline velocity indicates a highly effective ABM strategy, signifying that targeted efforts towards high-value accounts are resonating, moving leads to closure faster" (12 Key ABM KPIs and Metrics to Track - Postal). By focusing on these numbers, you can see how your ABM strategy is working right away. You can also find ways to make it even better for long-term growth. Checking these KPIs regularly helps make sure your ABM efforts match your big business goals.

Boost Your ABM ROI with Precision Targeting

Ready to supercharge your ABM campaigns? With ContactLevel, you can pinpoint high-value accounts with pinpoint accuracy, seamlessly align your sales and marketing teams, and monitor engagement as it happens. Don't miss out on maximizing your ROI and driving tangible results. Book your demo now and see the difference for yourself!


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