Account Based Marketing
Understanding B2B Account Based Marketing
B2B marketers frequently spread their campaigns throughout a large network of the target market in order to engage as many organisations as possible. ABM, or Account Based Marketing, is an alternative B2B technique that focuses on a specific group of target accounts in a market, with targeted campaigns tailored to each account.
The term Account-Based Marketing refers to efforts that are completely focused on the demands and characteristics of the target accounts.
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Who Needs B2B Account Based Marketing?
While there is no specific type of companies that need Account-Based Marketing, it is particularly for corporations seeking high-value customers. ABM strategy rejects the traditional broad-reaching approach of sales and marketing efforts and reduces them to specific clients. Even after fewer sales and marketing efforts, ABM requires expertise in account-level personalization and thus has a history of higher implementation cost than the traditional marketing. However, with the advancement in marketing technology, ABM can now be implemented at a much greater scale at a much less cost. With clear intent insight and active engaged audience, you find success at every stage of your ABM program.