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Our B2B ABM Personalization journey at Adobe
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Our B2B ABM Personalization journey at Adobe
1.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. B2B Personalization at Adobe: Show me the Money! Brittany Chandler | Principal Digital Strategist, Adobe George Sadler | Sr. Director of Marketing Customer Insights, Adobe
2.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 2 Brittany Chandler Principal Digital Strategist, Adobe George Sadler Sr. Director of Marketing Customer Insights, Adobe
3.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 3 Here’s the money… 30-40% 25% ~2x
4.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 4 Prioritizing account-based personalization: Place your biggest bets on your best hands, not on all of your hands
5.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. B2B personalization is challenging 5 MULTIPLE STAKEHOLDERS COMPLEX SALES FUNNEL SILOED TEAMS BROKEN EXPERIENCES & LOST OPPORTUNITY
6.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 6 Moving away from the legacy B2B customer assumptions 71%71% of B2B customers expect a B2C experience* 90% of B2B buyers never respond to cold outreach* 57% through the buying process before speaking with a sales rep* 75% of the workforce will be comprised of millennials by 2025** * Accenture Strategy ** Governance Studies at Brookings
7.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Experience (ABX)? 7 What is Account Based
8.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. ABX ABM ABA ABS … AB?Experience Marketing Advertising Sales
9.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Coordination of highly valuable, personalized experiences across all functions to drive engagement and conversion at a targeted set of accounts. ― TOPO, 2017 Account Based Framework
10.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. How ABX solves these legacy challenges 10 HOLISTIC ACCOUNT VIEW MOVE BEYONDTHE SIMPLE FUNNEL SALES & MARKETING ALIGNMENT STRONG ACCOUNT EXPERIENCE
11.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 11 Prioritizing account-based personalization: Place your biggest bets on your best hands, not on all of your hands
12.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 12 3 key building blocks to achieve ABX Cross Functional Team Alignment on Prioritized Accounts Unlocking Your Customer Data Activating Personalization
13.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 13 3 key building blocks to achieve ABX Cross Functional Team Alignment on Prioritized Accounts Unlocking Your Customer Data Activating Personalization
14.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 14 Marketing Sales Shifting the Marketing & Sales partnership Awareness Marketing Qualified Lead Sales Accepted Lead Sales Qualified Lead Close ABX APPROACHTRADITIONAL APPROACH 1 | CROSS FUNCTIONAL ALIGNMENT
15.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 15 1 | CROSS FUNCTIONAL ALIGNMENT Shifting the Marketing & Sales partnership § Increased knowledge share § Streamlined resourcing § Reduced sale period § Higher contract value BENEFITS
16.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 16 1 | CROSS FUNCTIONAL ALIGNMENT Creating an integrated Marketing & Sales partnership § Sales & marketing sponsorship § Cross functional enablement § Create target account plan § Orchestrate touchpoints § Create high frequency cadence check-ins § Continuously measure impact § Iterate and revamp strategy STEPS TO ALIGN
17.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 1717 ABXABXATSCALETRADITIONAL Retain & Grow Realize value, and strengthen long-term relationships. Expand Acquire Grow AEC footprint and penetrate new logos. Target smaller accounts at scale with single-solution opportunities. Sales Model Marketing Model Revenue Target Personalization Strategy 10s-100 of accounts 100s-2K of accounts Next 1000s of account High Touch Sales Model High Touch, Exec- Focused Marketing “80/20” Revenue Customers Maximum Personalization Scaled but Dedicated Sales Team Decision Maker Engagement, Scaled through Digital Growing Customers Scaled Personalization Sales Queues, Regions, Inside Sales Only Point Product, Digital Demand Gen Opportunistic Revenue Inbound Nurture & Triggered Personalization 2 | UNLOCKING YOUR CUSTOMER DATA Team alignment on prioritized account GTM strategy
18.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 18 3 key building blocks to achieve ABX Cross Functional Team Alignment on Prioritized Accounts Unlocking Your Customer Data Activating Personalization
19.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Unlocking your customer account data 19 THIRD PARTY DATA ACTIONABLE INSIGHTSCUSTOMER SERVICE CRM WEB BEHAVIOR SALES CRM MARKETING CRM 2 | UNLOCKING YOUR CUSTOMER DATA
20.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Strengthen your data set through a combined approach 20 2 | UNLOCKING YOUR CUSTOMER DATA BUYING SIGNALS Web-Browsing & Search Data on Non-Adobe Properties GAUGE PROPENSITY Firmographics, Behind-the-Firewall, Technographics, Online Presence, Risk Profile ACCOUNT & CONTACT ENGAGEMENT Web & Page Visits, Event Attendance, Content Downloads, Email Clicks, Webinar Reg, etc. FIT INTENT ENGAGEMENT RELEVANCE
21.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Create new data sets by detecting & interpreting account behavior 21 @ DOMAIN MATCH COMPANY FUZZY MATCH ENTERPRISE ACCOUNT PROFILE 85% FOCUS ACCOUNTS IMPROVEMENT IN ID ACCOUNT DETECTION PERSON MATCH 35% 2 | UNLOCKING YOUR CUSTOMER DATA2 | UNLOCKING YOUR CUSTOMER DATA
22.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 22 3 key building blocks to achieve ABX Cross Functional Team Alignment on Prioritized Accounts Unlocking Your Customer Data Activating Personalization 3 | ACTIVATING PERSONALIZATION
23.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Approaching account-based personalization one use case at a time 23 ABX ABM ABS ABA INTERNAL INITIATIVES • Marketing dashboards • MQL à MQA & AES • Sales dashboards • Internal email alerts CUSTOMERFACING INITIATIVES • Company and industry personalized messaging • Account personalized web pages • Formless leads • Persona personalized web pages • Content syndication assets • Account display advertising • Intent data via co-op WIP WIP WIP WIP 3 | ACTIVATING PERSONALIZATION
24.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Company & Industry Messaging Use Case 24 3 | ACTIVATING PERSONALIZATION
25.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 25 ACCOUNT IDENTIFICATION AUDIENCE MANAGER + 3rd PARTY ACCOUNT DETECTION Began with company & industry targeting to show account impact 3 | ACTIVATING PERSONALIZATION
26.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 26 TARGET ACCOUNT WITH ALTERNATE EXPERIENCES TARGET 3 | ACTIVATING PERSONALIZATION Began with company & industry targeting to show account impact
27.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 27 TARGET ACCOUNT WITH ALTERNATE EXPERIENCES TARGET 3 | ACTIVATING PERSONALIZATION Began with company & industry targeting to show account impact
28.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 28 MEASURE IMPACT, SHARE LEARNINGS & ITERATE ANALYTICS 3 | ACTIVATING PERSONALIZATION Began with company & industry targeting to show account impact 26% Form Submission Rate 8.5% Engagement Rate 95% Industry Visit Rate
29.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Internal Sales Trigger Use Case 29 3 | ACTIVATING PERSONALIZATION
30.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 30 VISIT DATA COLLECTED BY ECID ANALYTICS 3 | ACTIVATING PERSONALIZATION Observing account behavior leads to earlier sales conversations
31.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 31 VISIT DATA COLLECTED BY ECID ANALYTICS 3 | ACTIVATING PERSONALIZATION Observing account behavior leads to earlier sales conversations
32.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 32 VISIT DATA COLLECTED BY ECID ANALYTICS 3 | ACTIVATING PERSONALIZATION Observing account behavior leads to earlier sales conversations
33.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 33 ACCOUNT & CONTACT DATA SYNCHED TO CAMPAIGN ANALYTICS VISIT DATA COLLECTED BY ECID API LEVERAGING ECID AUDIENCE MANAGER CAMPAIGN 3 | ACTIVATING PERSONALIZATION Observing account behavior leads to earlier sales conversations
34.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 34 INTERNAL EMAIL SENT TO ACCOUNT REP CAMPAIGN TARGET 3 | ACTIVATING PERSONALIZATION Observing account behavior leads to earlier sales conversations
35.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Formless Leads Future Test Case 35 3 | ACTIVATING PERSONALIZATION
36.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 36 3 | ACTIVATING PERSONALIZATION How many of you still use a lead form for known accounts?
37.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 37 ACCOUNT IDENTIFICATION & TRACKING ANALYTICS + 3rd PARTY ACCOUNT DETECTION 3 | ACTIVATING PERSONALIZATION Remove barriers to increase behavior detection and new opportunities
38.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 38 ACCOUNT IDENTIFICATION & TRACKING ANALYTICS + 3rd PARTY ACCOUNT DETECTION 3 | ACTIVATING PERSONALIZATION Remove barriers to increase behavior detection and new opportunities
39.
© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 39 TEST & TARGET FORMLESS LEAD IMPACT TARGET 3 | ACTIVATING PERSONALIZATION Remove barriers to increase behavior detection and new opportunities
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. Account-Based Advertising Future Test Case 40 3 | ACTIVATING PERSONALIZATION
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 41 PROGRAMMATIC ADVERTISING FOR FOCUS ACCOUNTS AUDIENCE MANAGER AD CLOUD + 3rd PARTY ACCOUNT DETECTION 3 | ACTIVATING PERSONALIZATION Reach key accounts via digital advertising
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 42 3 key building blocks to achieve ABX Cross Functional Team Alignment on Prioritized Accounts Unlocking Your Customer Data Activating Personalization
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. How to start building out your ABX strategy today 43 Identify ABX sponsor Create tiger team including Sales & Marketing Select accounts(s) to pilot Stitch everything you know about the account together Pick your personalization use case Test & learn Conduct retrospective, iterate process and expand
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 44 Time to show you the money! 30-40% 25% ~2x INCREASED WIN RATE YoY TOP LINE GROWTH YoY STOCK PRICE
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 45 Prioritizing account-based personalization: Place your biggest bets on your best hands, not on all of your hands
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 46 Take the Survey to win! (Survey section of the mobile app) DAY 1 BASH EXPERIENCE DAY 2 SIGNED FOOTBALL HELMET DAY 3 AMAZON ECHO SHOW & CLOUD CAM BUNDLE $10Starbucks Card SESSION PRIZE one per session
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential. 47 Q&A Brittany Chandler bchandle@adobe.com LinkedIn: /brittanychandler George Sadler gsadler@adobe.com LinkedIn: /georgesadler
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© 2018 Adobe
Systems Incorporated. All Rights Reserved. Adobe Confidential.
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