Introduction
Account-Based Marketing (ABM) is not just a trendy term. It's a big change for businesses that want to grow their revenue and build strong relationships with clients.
Companies using ABM see amazing results. They report a 209% increase in marketing revenue (Marketo). They also see three times more pipeline and revenue per account than with old methods (ITSMA). ABM helps businesses focus on important customers with special attention and personal touches.
In this guide, we'll look at the main ideas of ABM. We'll talk about how sales and marketing teams can work together. We'll also show you how to make plans for your best customers.
ABM does more than just increase your return on investment (ROI). It also makes sales happen faster, keeps customers longer, and raises the value of contracts. In fact, 85% of marketers say ABM helps them keep customers (Rollworks). It can also increase the average contract value by up to 33% (Demandbase).
This guide is for everyone, whether you're new to ABM or want to get better at it. You'll find useful tips to make the most of ABM for your business. Let's start exploring and see how ABM can help you.
Discover Account Based Marketing and Its Impact on Revenue Growth
Account-Based Marketing (ABM) is a special way to market. It focuses on the needs of important customers. ABM helps sales and marketing teams work together. They create a plan to reach out to key customers and grow revenue. A report by Marketo says companies using ABM see a 209% increase in their marketing revenue (
Account-Based Marketing Stats - Insights ABM). This shows how well ABM works.
ABM also helps sales and marketing teams work better together. About 73% of companies using ABM say their teams are more aligned (
Account-Based Marketing Stats - Insights ABM). When teams work together, they can do their jobs better. They all aim to get and keep valuable customers.
ABM also helps keep customers longer. A study found that 85% of marketers saw better customer retention with ABM (
9 B2B Marketing Predictions for 2025 - rollworks.com). This means ABM helps build strong, lasting relationships with clients. By focusing on a few important customers, businesses can make the most of their marketing efforts and grow steadily.
Explore Key Trends Driving ABM Forward in 2023
In 2023, Account-Based Marketing (ABM) is making big waves. One cool trend is how ABM helps sales and marketing teams work better together. A whopping 56% of marketers say they expect more teamwork between these teams thanks to ABM. This teamwork makes everything run smoother and helps find better leads. It also makes it easier to connect with important clients.
ABM also helps businesses make more money from each deal. Companies using ABM see their average contract values (ACV) go up by 33%. The middle ACV even jumps by 87.5%. This shows that ABM can help close not just more deals, but bigger ones too.
Another big thing about ABM is how it speeds up sales. By focusing on clients who really want what you're selling and tailoring messages just for them, businesses can close deals faster. This shows how smart ABM can be in the busy world of business-to-business sales.
All these trends show why ABM is so important in 2023. It's not just about selling more, but selling smarter and making every deal count.
17 ABM Stats That Will Make You Rethink Your 2025 Strategy - Rollworks
RevOps Squared ABM Benchmark Report
Top ABM Strategies for Sales Growth - Potion Blog Craft Your Winning ABM Strategy with Our Step by Step Guide
To see if your Account-Based Marketing (ABM) strategy is working, you need to look at numbers that tell you how well it's doing.
Key performance indicators (KPIs) are important numbers that help you check how effective your ABM is. Some KPIs you should watch are account engagement, how much your ABM adds to your sales pipeline, and deal velocity.
Account engagement means how much your target accounts interact with your marketing. Pipeline contribution is how much your ABM helps fill your sales pipeline. Deal velocity is how fast deals move through your sales process.
You should also track customer lifetime value (CLV) and average transaction size. These numbers help you figure out the return on investment (ROI) of your ABM efforts (
10 Critical ABM Metrics You Should Be Tracking For Success).
Looking at account engagement and customer retention rates will show you how well your ABM strategies are working with your target accounts (
Account-Based Marketing Metrics and KPIs to Optimize Your Strategy).
Deal velocity is another key number. It shows how quickly deals move through your sales pipeline. If deals move faster, it means your ABM strategies are meeting the needs of your high-value accounts well (
12 Essential ABM Metrics and KPIs to Measure Success).
Keep an eye on these numbers all the time. This way, you can tweak your ABM campaigns to focus on the right accounts and make the most money.
Using these insights helps you improve your strategies and grow your business steadily.
Enhance Your ABM Campaigns with Top Tools and Technologies
To make your Account-Based Marketing (ABM) campaigns better, you need to use the latest tools and technologies. These tools help make your work easier and more effective.
In 2024, using intent data in your ABM strategy is a big deal. Intent data tells you which accounts are looking to buy your products. This helps you target them better (
Key Account Based Marketing Trends for 2024 That Will Shape the Future).
Tools from UnboundB2B are very helpful. They offer services like managing databases, setting appointments, and sharing content. These services are key to growing your ABM efforts (
15 Account-Based Marketing Tools to Use in 2024).
Automation is also important for ABM success. It helps you run personalized campaigns and track how well they're doing. You can see things like account engagement and deal velocity (
20 Best Account-Based Marketing Software: Reviewed for 2024).
Keeping up with market trends and using new technologies keeps your campaigns strong and competitive. For example, using advanced tools to work together better between marketing and sales teams can make your campaigns more engaging (
Key Account Based Marketing Trends for 2024 That Will Shape the Future).
By using these tools and strategies, you can improve your ABM campaigns. This will help you grow your revenue and keep your customers happy.
Master ABM Success Measurement with Key Metrics and ROI Insights
To measure how well your Account-Based Marketing (ABM) is doing, you need to look at some important numbers. ABM is when you focus your marketing on specific businesses instead of a broad audience.
One big number shows that companies using ABM with Account-Based Advertising win 60% more deals. Account-Based Advertising means targeting ads to specific companies. This helps close more deals and keeps marketing and sales working together smoothly.
Another key number is the average contract value (ACV). ACV is how much money a customer spends on average. Companies using ABM see their ACV go up by 33%. The middle ACV even jumps by 87.5%. This shows that focusing on big accounts with special plans can make more money.
ABM also helps keep customers longer. A huge 85% of marketers say ABM makes customers stay with them longer. This is because ABM lets you give each big account a special experience that they like.
Lastly, ABM can speed up how fast you close deals. While the exact time saved changes, ABM's focus on big accounts and personal touches makes deals happen quicker.
By keeping an eye on these numbers, businesses can make their ABM plans even better and see real success.
17 ABM Stats That Will Make You Rethink Your 2025 Strategy - Rollworks
RevOps Squared ABM Benchmark Report
9 B2B Marketing Predictions for 2025 - Rollworks
Account-Based Marketing (ABM) Statistics: Insights for 2024 - WinSavvy Boost Your ABM Strategy with Precision Targeting
Account-Based Marketing is revolutionizing B2B success, boosting win rates, enhancing retention, and fortifying sales-marketing synergy. Curious to see how ContactLevel can supercharge your outcomes? Let's craft a personalized strategy for your business—book your consultation now and kickstart your journey to measurable growth!