What is Account-Base Marketing and why does it matter for B2B Marketing & Sales teams?
ABM is an approach that focuses marketing and sales efforts to bring in targeted, high-value clients with a high chance of conversion. And it's one that's gained traction over the years, especially where the more personalized, targeted approach makes perfect sense for highly specialized SaaS products and services in the B2B space.
As a Marketing specialist and client centric, Adobe is using Account-Based Marketing strategy to improve its conversion rate, and aims to target only high value prospects
For Marketo (Marketing Automation plateform) and Magento (E-commerce CMS plateform) solutions, Adobe had determined both an ICP (Ideal Customer Profile) and an associated list of targeted companies, but were missing key information in order to contextualize their commercial approach: are these companies already using a competitor?
Indeed, when identifying that a prospect is using a competitor solution, the marketing team deliver qualified prospects to sales team which are able to contextualize their message and chose the appropriate timing to engage the prospect.
Using Mantiks solution, Adobe's marketing team were able to:
Having those information helped Adobe to find the right commercial approach at the right time.
Having a list of targeted accounts is one thing, and finding automatically others that match your exact Ideal Customer profile is another thing.
Through public web analysis and machine learning, Mantiks aims to deliver the best insights in order to give an unfair advantage against the competition. Those advanced techniques allowed us to find and match look alike accounts: prospect corresponding to Adobe ICP, and enriched them to have a full picture and the right engagement.
Therefore new leads found were selected based on existing key accounts criteria, and match on information as:
Once a qualified prospect company is identified, the most relevants contacts are delivered according to the defined ICP.
The more SaaS offering and competition evolve the more commercial approaches have to be personnalized, timed, relevant to the prospect context and persona.
Analyzing millions of digital signals like companies' job postings, public information, funding announcements... Mantiks found qualified prospects and enriched data for key accounts.
Doing so, Adobe optimised its ABM strategy by filling the blank and gathering the right data to engage prospects the right way, at the right time.