The Ultimate Guide to Account-Based Marketing (ABM)

By krbaker@hubspot.com (Kristen Baker)

Free Access: Strategic Account Planning Template

Imagine the world of account-based marketing, where you start the sales process by selling directly to your best-fit, highest-value accounts.

No wasted time trying to market to unqualified leads who aren’t the right fit for your business. You can move straight into the phases of engaging and delighting your target accounts. Talk about efficiency, right?

Account-based marketing allows you to weed out less valuable companies early on and makes sure that Marketing and Sales are in complete alignment. In return, your team can leap into the critical processes of engaging and delighting target accounts much faster.

ABM helps your business work and communicate with high-value accounts as if they’re individual markets. By doing this — along with personalizing the buyer’s journey and tailoring all communications, content, and campaigns to those specific accounts — you’ll see greater ROI and a boost in customer loyalty.

In this post, we’ll take a look at the benefits of account-based marketing and how to create an ABM strategy. But first, let’s review its relationship with another important strategy: inbound marketing.

Account-Based Marketing and Inbound Marketing

Batman and Robin. LeBron and D-Wade. Peanut butter and jelly. Arguably some of the strongest partnerships ever to exist 💪. These dynamic duos are forces to be reckoned with.

Similarly, when paired, account-based marketing and inbound marketing have the power to make waves (the good ones) for your business.

You might be wondering, “How exactly does this partnership work?”

Well, we just reviewed the definition of account-based marketing — as you learned, ABM is a highly targeted strategy.

Meanwhile, inbound marketing is more foundational — this methodology and growth strategy allows you to attract customers through the creation of valuable content, SEO, and a delightful customer experience.

Rather than interrupting your target audience and customers (as you would with outbound marketing), inbound marketing allows you to give your audience the information they want when they want it.

Inbound lays the foundation for a strong ABM strategy by allowing for highly targeted and efficient resource allocation of high-value accounts. Here are a few more reasons to employ both ABM and inbound marketing strategies at your company:

  • Inbound marketing helps you attract target accounts and then ABM accelerates the flywheel so you can win and delight those accounts with a remarkable customer experience.
  • Inbound marketing lays the foundation for a strong ABM strategy — ABM builds off of inbound by allowing for targeted and efficient resource allocation of high-value accounts.
  • With this combined approach, you attract a broader group of prospects than you would while using just one method.
  • Your content has a two-for-one value — you can create and use content that serves both an ABM and inbound strategy (such as adding a personalized case study for a target account that you also share on your website).
  • Software — such as HubSpot’s account-based marketing tool — exists to make it easy to implement ABM and inbound strategies …read more

    Source:: HubSpot Blog

          

    Aaron
    Author: Aaron

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