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Increase your sales with ABM
You may have caught a lot of mention about account-based marketing (ABM), but you're not sure what exactly it is, how to use it, and what your campaign should look like.
If this is you, you have come to the right place; In
addition to explaining what ABM is, this blog explores five campaigns you can
use that will directly increase your sales using ABM techniques.
So what is ABM? According to Marketo, sales jobs account-based marketing
is a targeted approach to B2B marketing, in which marketing and sales teams
work together to target the most suitable accounts and convert them into
customers.":"
This means that we really focus on the companies most likely
to become the best customers. This is really what makes ABM efficient and
successful.
But there are different types of ATMs. For example,
Strategic ABM, which is essentially a highly customized program for individual
accounts.
There is also ABM lite. In this case, group accounts that
may have similar problems or needs and create campaigns tailored to those
clusters.
Finally, there is a programmatic ABM, which uses technology
to allow you to scale marketing campaigns for specific accounts at scale.
Programmatic ABM allows you to go from a relatively small number of accounts to
a very large number of accounts, without the need for large marketing teams.
When it comes to hands-on ABM campaigns at Napier, we have
some overlap between the types, a kind of mixing of two or more different
approaches, to create an ABM program that works for a particular client.
But why is ABM so effective? This is because the approach
allows your marketing to cut out the noise; in fact, you can have a much higher
frequency of interaction with people within the target accounts.
As such, it really allows you to target ROI opportunities.
Also, if your marketing generates a certain conversion rate, the value of those
conversions increases as you focus on key books. You can project campaigns to
reach the right people, especially with ABM's custom campaigns. And finally,
one of the things ABM is very important for is leveraging synergies through
sales.
Therefore, ABM enables highly effective personalized
campaigns, especially those that use a combination of ABM lite and strategic
ABM. You can create target accounts, which are based on the needs and
requirements of a particular industry, or you can fully customize and reach
people; Typically, most ABM campaigns have customization at the business,
industry, and perhaps character level. customization too. But if you have a
really big goal, you can take this totally strategic and personalized ABM
approach.
Ultimately, ABM's goal is to build trust with your customer
by showing them that you know the challenges they face.
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