The Results Are In: ABM Strategy Is Paying Off
So many of our customers are launching and managing Account Based Marketing (ABM) programs these days. In fact, hardly a day goes by that we are not having a conversation with someone about ABM.
So each year, we eagerly await SiriusDecisions’ annual survey about the state of Account Based Marketing. This year, their study surveyed 200+ B2B ABM leaders from around the world.
Anyone interested in or working in ABM should check out the full report, which is available online for free.
- 93% of respondents said that ABM is “very important” or “extremely important.”
- 92% said that ABM has helped them close more deals.
- 91% said that ABM has helped them close bigger deals.
- Respondents also said that ABM boosts engagement with C-suite decision makers.
- Allocation of marketing budgets toward ABM is accelerating.
- 37% of respondents plan to increase their investment in account profiling technologies and solutions.
In-person interactions enhance ABM stratgey
Some other findings caught our attention, due to the role that we play in supporting the executive engagement part of ABM. Specifically, SiriusDecisions looked at the role that “in-person interactions” play in ABM. They found that B2B ABM-ers are using peer networking events (27%), executive briefings (35%) and vendor-hosted conferences and events (50%) to educate and engage individual decision makers.
We often provide the “fuel and fodder” for these interactions via the executive insight that we provide in our executive profile database. For example, last week we delivered in-depth dossiers on 150 C-level executives to a customer who is hosting all of these people at an executive summit. Our client is spending hundreds of thousands of dollars on their event and wants to make sure their executives are well-briefed on who is in the room and what they care about.
We’ll be writing a lot more about ABM—and the role that executive engagement plays in it—in the coming weeks so stay tuned.