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Going All in On ABM
Implementing a People First, Agile, Account Based
Strategy
ELLE WOULFE
#FlipMyFunnel 2018 B2B Sales and Marketing Conference
INTRODUCTION
ELLE WOULFE
VP of Marketing, PathFactory
• Marketing nerd
• Native New Englander
• Hono(u)rary Canadian
@ellehwoulfe #FlipMyFunnel
#FlipMyFunnel 2018 B2B Sales and Marketing Conference
Why ABM?
@ellehwoulfe #FlipMyFunnel
Poor Conversion,
Efficiency & Predictability.
KIS S ING TOO MANY FROGS
@ellehwoulfe #FlipMyFunnel
#FlipMyFunnel 2018 B2B Sales and Marketing Conference
Unintentionally Agile ABM
@ellehwoulfe #FlipMyFunnel
Can We Take More High Percentage Shots?
@ellehwoulfe #FlipMyFunnel
Target Account Tear Down: ICP 1.0
Basic Demographic &
Firmographic Attributes:
revenue, MAP, industry, geo
More Advanced Technographic
& Firmographic Signals:
year founded, Alexa rank, amount of
tech in use, etc.
@ellehwoulfe #FlipMyFunnel
ABM Light – Targeted, Not Customized
@ellehwoulfe #FlipMyFunnel
Phase 1 Results
Increased Conversion:
• MQL to SQL = 15%
• SQL to SQO = 22%
1– 2X ACV from ICP Accounts
75% of Churn from Non-ICP
Stronger Funnel Performance
Top to Bottom
MQL
SAL
SQL
SQO
#FlipMyFunnel 2018 B2B Sales and Marketing Conference
Go All In
@ellehwoulfe #FlipMyFunnel
Psychographic Fit
ICP Score
Account Tier
Narrow the Beam: ICP 2.0
@ellehwoulfe #FlipMyFunnel
Target Accounts
Aligning Effort
Account Based Selling AND Marketing:
@ellehwoulfe #FlipMyFunnel
You can’t have one without the other.
Aligning Messages
Focus
1. FREE TRIAL
2. ANALYTICS
3. ABM
4. DEFAULT
@ellehwoulfe #FlipMyFunnel
@ellehwoulfe #FlipMyFunnel
Getting Comfortable with Anonymity
Unrelenting Alerts
Target Accounts:
• Visitor Session
• FMB (Fast Moving Buyer)
• Webpage Visit
• Form Submission
• Event Status Change
• Webinar Status Change
Non-Target Accounts:
• Standard Demand Funnel (MQL)
• FMB
@ellehwoulfe #FlipMyFunnel
#FlipMyFunnel 2018 B2B Sales and Marketing Conference
Results
@ellehwoulfe #FlipMyFunnel
1H -18 Results: Funnel Volume & Conversion
Target Accounts Non-Target Accounts
MQL
SAL/SGL
SQL
SQO
INQ 2,280 4,791
44%
93%
28%
54%
23%
81%
18%
45%
@ellehwoulfe #FlipMyFunnel
#FlipMyFunnel 2018 B2B Sales and Marketing Conference
Key Takeaways
@ellehwoulfe #FlipMyFunnel
1.
2.
3.
KEY TAKEAWAYS
Know the Accounts
Marketing needs to understand (and
sometimes guide) target account rationale.
Bite off one tactic or program at a time –
done is better than perfect.
Don’t get complacent. You are never done.
Set new incremental goals, test and refine.
Start Small
Set New Goals
@ellehwoulfe #FlipMyFunnel
One Thing You Can
Do Right Now:
Develop a Target
Account Baseline.
THANK YOU!
@ellehwoulfe

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"Going All In on ABM: Implementing a People First, Agile, Account-Based Strategy" presented by Elle Woulfe at #FlipMyFunnel 2018

  • 1. Going All in On ABM Implementing a People First, Agile, Account Based Strategy ELLE WOULFE
  • 2. #FlipMyFunnel 2018 B2B Sales and Marketing Conference INTRODUCTION ELLE WOULFE VP of Marketing, PathFactory • Marketing nerd • Native New Englander • Hono(u)rary Canadian @ellehwoulfe #FlipMyFunnel
  • 3. #FlipMyFunnel 2018 B2B Sales and Marketing Conference Why ABM? @ellehwoulfe #FlipMyFunnel
  • 4. Poor Conversion, Efficiency & Predictability. KIS S ING TOO MANY FROGS @ellehwoulfe #FlipMyFunnel
  • 5. #FlipMyFunnel 2018 B2B Sales and Marketing Conference Unintentionally Agile ABM @ellehwoulfe #FlipMyFunnel
  • 6. Can We Take More High Percentage Shots? @ellehwoulfe #FlipMyFunnel
  • 7. Target Account Tear Down: ICP 1.0 Basic Demographic & Firmographic Attributes: revenue, MAP, industry, geo More Advanced Technographic & Firmographic Signals: year founded, Alexa rank, amount of tech in use, etc. @ellehwoulfe #FlipMyFunnel
  • 8. ABM Light – Targeted, Not Customized @ellehwoulfe #FlipMyFunnel
  • 9. Phase 1 Results Increased Conversion: • MQL to SQL = 15% • SQL to SQO = 22% 1– 2X ACV from ICP Accounts 75% of Churn from Non-ICP Stronger Funnel Performance Top to Bottom MQL SAL SQL SQO
  • 10. #FlipMyFunnel 2018 B2B Sales and Marketing Conference Go All In @ellehwoulfe #FlipMyFunnel
  • 11. Psychographic Fit ICP Score Account Tier Narrow the Beam: ICP 2.0 @ellehwoulfe #FlipMyFunnel Target Accounts
  • 12. Aligning Effort Account Based Selling AND Marketing: @ellehwoulfe #FlipMyFunnel You can’t have one without the other.
  • 13. Aligning Messages Focus 1. FREE TRIAL 2. ANALYTICS 3. ABM 4. DEFAULT @ellehwoulfe #FlipMyFunnel
  • 15. Unrelenting Alerts Target Accounts: • Visitor Session • FMB (Fast Moving Buyer) • Webpage Visit • Form Submission • Event Status Change • Webinar Status Change Non-Target Accounts: • Standard Demand Funnel (MQL) • FMB @ellehwoulfe #FlipMyFunnel
  • 16. #FlipMyFunnel 2018 B2B Sales and Marketing Conference Results @ellehwoulfe #FlipMyFunnel
  • 17. 1H -18 Results: Funnel Volume & Conversion Target Accounts Non-Target Accounts MQL SAL/SGL SQL SQO INQ 2,280 4,791 44% 93% 28% 54% 23% 81% 18% 45% @ellehwoulfe #FlipMyFunnel
  • 18. #FlipMyFunnel 2018 B2B Sales and Marketing Conference Key Takeaways @ellehwoulfe #FlipMyFunnel
  • 19. 1. 2. 3. KEY TAKEAWAYS Know the Accounts Marketing needs to understand (and sometimes guide) target account rationale. Bite off one tactic or program at a time – done is better than perfect. Don’t get complacent. You are never done. Set new incremental goals, test and refine. Start Small Set New Goals @ellehwoulfe #FlipMyFunnel
  • 20. One Thing You Can Do Right Now: Develop a Target Account Baseline.