It Is The History Of Account Based Content Marketing In 10 Milestones
Account Based Content Marketing for Professional Services
With account based content marketing, your marketing department and digital marketing agency can concentrate on a select group of accounts or clients. This allows you to create content that is hyper-personalized and is directly addressing their problems and demonstrates how your product can help them solve them.
ABM content that is successful must provide the right information to every stakeholder in the buyer center at the right time. This means identifying the different personas and their requirements at different stages of their journey.
Aiming at specific accounts
Account-based content marketing is a more personalized approach to content marketing compared to traditional strategies, which seek to convert visitors using large marketing campaigns into leads. By identifying the most important decision makers for each account and understanding their needs and goals, marketers can create and deliver customized content that is relevant to the specific accounts. This results in a more productive dialog with prospects and customers, which ultimately leads to more profitable business results.
Once you've identified the target accounts The next step is to create accounts plans for each one. This involves analyzing each account and determining which marketing channels to employ and which customers within the account to engage with, and what types of content are needed to drive engagement and conversions. This could include thought-provoking content (e.g. whitepapers webinars, case studies, or whitepapers) Retargeting ads, customized website experiences, and other marketing tactics tailored to each account.
This is why account-based content marketing is able to deliver much better ROI than traditional content marketing techniques. 84 percent of B2B marketing professionals who have implemented account based marketing into their strategies report higher returns on investment than any other marketing strategy.
Although it takes more resources and time to cultivate a smaller group of targeted accounts, the rewards are significant for businesses who are looking to increase their revenue across all stages of the funnel. This is especially true for professional services businesses where the quality of each prospective client or customer is more important than the amount of potential customers they could attract.
ABM is an excellent alternative for businesses looking to expand business with their existing customers over time, by establishing trusting relations. Research shows that investing in existing customers is more cost-effective than spending money to acquire new customers.
By using ABM with traditional methods of inbound marketing businesses can maximize the impact of their content marketing efforts. Marketers can enhance the relevancy of their content to prospects at each stage of the buying process by combining pillar content with retargeting and landing pages to facilitate lead capture. This enables them to generate more acquisition, acceleration, and expansion revenue opportunities for their marketing and sales teams.
Create content that is hyper-personalized
ABM is a rage in marketing. It's important that marketers understand how to adapt their content strategies to this new approach. But it can be difficult to comprehend how ABM is actually used in practice. Jenny Magic of Convince & Convert and Jennalee Reiff from Springbox gave a crash-course on ABM in a recent talk. They outlined the main considerations, and what to expect from the success of implementation.
Understanding your ideal client's needs and pain points is the first step towards creating an effective ABM strategy. Creating content that aligns with these goals will enable you to provide a more personalized experience, which will ultimately improve conversions. Content must also be tailored to the specific needs of each account. This is why it is crucial to outline the user journeys within each of your target accounts. By doing this, you'll be able to discern what kinds of content (and even individual pages and items) are the most interesting for those who visit your site. This data can be used to optimize journeys on your website, and show the most popular content to users who are on the accounts.
Making content that is hyper-personalized isn't easy however it is an essential step to increase the impact of your ABM efforts. According to State of Marketing, 2023, 83% of consumers are willing to exchange their personal data for an experience that is more personalized.
AI processing of real-time data is one way to create hyper-personalized content. This will allow you to determine how your content is distributed and provide suggestions for the next steps and respond to events immediately. While it's not a replacement for multivariate testing or strategic planning, it can be a powerful tool to increase the effectiveness of your ABM campaigns.
Another way to personalize your content is by leveraging the pillar and cluster structure. This lets you create a full piece that explains the issue that your accounts' target users are facing and then connect it to other pieces which address specific aspects of that issue. For instance fitness trackers may have many common goals and advantages, but how different types of users use it can vary significantly.
Making sure that Marketing and Sales are aligned
Traditionally, professional services marketers were focused on creating a linear sales funnel using broad marketing campaigns that appealed to large numbers of people with the expectation that one or more would convert. This strategy may have worked when B2B marketing was based on a broadcast model, but is not effective in the current Account Based Marketing strategy. Instead of trying to push all leads through the same stages of the process, you should instead focus on high-value prospects. You can do this by providing them with experiences or content that are customized to meet their specific needs and challenges.
The first step to this is to identify your ideal client profile (ICP). This is not as simple as creating buyer profiles as you also need to think about the kinds of solutions that each customer is seeking and how best to utilize them.
Once you have identified your ICP then, create a strategy for content that will connect with each account through several channels. This could be anything from social media advertisements to email outreach.
It's crucial that your marketing and sales teams are on the same page as you implement your ABM strategy. This will ensure that your content is appropriate to each account and ensure that you do not waste time or resources on the wrong people.
One of the most important steps to take is to use the data you have on your best-performing clients. You can determine the positive characteristics that your customers share by looking at their historical data. For example they could all be in the financial services industry or have a similar business size. More methods can be used to create targeted marketing campaigns for prospects with similar characteristics.
In addition to this it's crucial to monitor the effectiveness of your ABM strategy and make changes whenever necessary. For instance, if your target account isn't responding to your content, it may be the right time to get in touch with them and see what else you can do to help them move along the sales funnel. You can align your ABM strategy with your content strategies by following these steps.
Measuring the effectiveness
Account-based content marketing focuses on creating resources, like blogs, reports, videos and webinars that are relevant and tailored for a specific individual or account. If you're trying to target healthcare organizations, for example, your content should be focused on their pain points and issues. This kind of personalization is not only important in ABM however, it's an excellent method to establish solid relationships with your prospects and customers.
The greatest benefit of ABM is that it can be used at every stage of the sales funnel. It can even be more effective than traditional lead generation at the top of the funnel. This is due to the fact that you can identify and engage with a small number of accounts that are more likely to convert than trying generate leads from an audience that may not be interested.
Although there is still a need for offline methods of building relationships like in-person meetings, phone calls, and handwritten notes, most buyers today prefer digital self-serve and remote engagement. This is why it's crucial to provide customers with the right content at the right time, on the channel that works best for them.
ABM is particularly effective at engaging executives from the C-suite, who are hard to reach. They often ignore the mass email marketing, but are more likely respond to content that speaks to their needs and use cases. ABM can also help reduce the time it takes to sell by enabling engagement with prospects at the most crucial stages in their journey, such as when they are pursuing solutions to solve specific business issues.
Although ABM hasn't been around for longer than traditional sales and marketing strategies, it's quickly becoming a top strategy for B2B companies seeking to enhance their performance and generate higher revenue. In fact, 76% of marketers who have adopted the ABM approach say it improves ROI, while 81% report that it increases deal close rates and upselling/cross-selling rates.