Build Sales & Marketing Alignment with Account-Based Marketing - PowerPoint PPT Presentation

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Build Sales & Marketing Alignment with Account-Based Marketing

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Title: Build Sales & Marketing Alignment with Account-Based Marketing


1
 Building Sales and Marketing Alignment with ABM
  • The Age Old Battle Sales Marketing
    (Mis)alignment by Justin Gray CEO Founder of
    LeadMD

2
Who is LeadMD?
  • Strategic Marketo Partner
  • Marketing Automation CRM
  • 2600 Engagements
  • Early adopters
  • Started out as a marketing automation agency NOT
    as a digital marketing agency
  • 30 Certified Marketo SFDC experts

Justin Gray CEO _at_jgraymatter LeadMD
3
whats causing misalignment
  • Where the gloves meet

4
This issue is nothing new. so why are we still
talking about it?
5

What marketing thinks sales wants
What sales actually wants
  • But just because someone clicked a button doesnt
    mean theyre ready to buy

6
Campaign mentality
  • The problem with this mindset Whats generated
    isnt something sales agrees is a lead!

7
(No Transcript)
8
What does this currently look like in the sales
marketing cycle?
MQL/SAL
Marketing
Sales
9
After long, youll start to hear gripes from your
sales guys (and gals)
  • It makes sense after so many bunk leads, why
    should they even bother?
  • The result Marketing trust breaks down Sales
    behaviors move to low hanging fruit

10
For every 400 inquiries, only 1 becomes a closed
opportunity. That is a conversion rate of only
.25.
The traditional funnel promotes waste.
11
Meet Account Based Marketing
  • If its alignment we seek, how do we get there?

12
What is an Total Addressable Market?
  • Total addressable market (TAM) is a term that is
    typically used to reference the revenue
    opportunity available for a product or service.

13
What is an ideal customer profile?
  • A description of a customer or set of customers
    that includes
  • Demographic
  • Geographic
  • Psychographic characteristics
  • As well as buying patterns,
  • Creditworthiness
  • Purchase history

14
What is an ideal buyer persona?
  • A buyer persona is a detailed profile of your
    ideal buyers based on market research and real
    data about your actual clientèle.
  • The more detailed your personas are, the more
    results theyll yield.

15
Get it together!
  1. Its the job of both sales and marketing to agree
    on ideal customer profile
  2. Its marketings specific job to build the
    database and ensure the data is correct and
    properly structured.
  3. Metrics need to be created that measure two
    critical items
  4. ICP/IBP Completeness
  5. Account Engagement

16
Lets talk about alignment under this model
17
Think Account Relationships. Not Leads.
18
Buyer engagement as a joint account plan between
sales marketing
Account
Buying Committee
19
Remember this guy? It simply doesnt work
MQL/SAL
Marketing
Sales
20
This is how you engage in an ABM model
Marketing
MQL/SAL
Sales
Executives
21
ABM Go To Market Strategy
ACCOUNT BASED MARKETING MANAGEMENT
PLANNING
CONTENT
EXECUTION
MEASUREMENT
DATABASE
Sales Intelligence
Targeted Ads
Predictive Analytics
ABM Content Technology
ABM Analytics
Buyer Personas
Data Sources
Personalization
Nurture
3rd Party Web and Social
SDR Outreach Tools
Intelligent Routing
Purchase Process
MARKETING AUTOMATION
CRM
22
Learn more about our ABM Resourcesleadmd.com/mar
ketplace
23
Thank you
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