As with any other marketing approach, implementing a successful Account-Based Marketing (ABM) strategy isn’t without its share of challenges. The key to success often lies in being able to anticipate and overcome those hurdles. Here are some common ABM challenges and best practices in ABM to tackle them effectively.
Data Quality Issues
Accurate data underpins every successful ABM program. Poor data quality can send your entire program off the rails before it’s even left the station. Don’t underestimate the importance of investing in top-tier data cleaning and enrichment tools to provide your ABM program with a rock-solid foundation.
Scaling Personalisation
Maintaining a consistently high level of personalisation as your ABM program grows can become a real sticking point. The key is to effectively utilise ABM automation tools and technologies to streamline and automate processes whenever possible, but without compromising that vital human touch. Ensure you have the right content, for the right account, at the right stage in the funnel is the first step to ensuring.
Make sure the sales team is aware of the journey the account is at and what engagements have happened on the marketing front. This coupled with sales having the right support documentation ensure seemless continuation in the user journey.
Measuring Success: Best Practices in ABM Attribution Models
Given the use of multiple touchpoints across various channels, attributing success to your ABM campaigns can prove somewhat challenging. Multi-touch attribution models serve as intricate frameworks that support ABM. These models allocate credit across various touchpoints—email interactions, web visits, social engagements—within the account’s journey.
Using multi-touch attribution models is a best practice in ABM to understand the role of each touchpoint. This helps refine your strategy and demonstrate ROI more accurately. This matters because within these models lie insights—the subtle notes that influence behavior. Was it the initial touch that piqued interest, or the nurturing emails that sealed the deal? Understanding each touchpoint’s role helps marketers fine-tune their strategies.
ABM Orchestration: Best Practices for Integration
For your account-based marketing to succeed, it’s essential to have effective ABM orchestration. This essentially involves unifying a variety of tactics, channels, and teams to create a cohesive, account-centric marketing strategy across sales and marketing. Think of ABM orchestration as a way of joining the dots and providing your customers with a seamless experience with your company. ABM technology really shines in this area.
Today’s sophisticated account-based marketing tools empower you to coordinate and manage your ABM efforts across every channel, guaranteeing a consistent and personalised experience for each of your target accounts.
However, remember that technology is only one part of the puzzle. Other crucial elements include a clear, well-defined strategy, robust cross-functional alignment throughout your company, and a genuine commitment to continuous improvement. Combine these elements, and you’ll be well on your way to mastering the art of ABM orchestration.
By addressing these common challenges and adhering to the above ABM best practices, your ABM strategy can achieve greater success and deliver more value to your organization.
Check out our comprehensive posts on How to ace at ABM and A staggered approach to ABM to further enhance your expertise in account-based marketing.
Contact Somebody Digital today to find out how we can help you achieve outstanding results in account-based marketing.