Power Your Growth
hello@propensity.com
Account-based marketing (ABM) enables B2B organizations to target high-value accounts with hyper-personalized marketing and sales efforts. It’s a tool that brings together various aspects of ads, outreach, and automation to streamline the prospecting process, personalize messaging, and effectively target the right audience with just-in-time visibility to increase engagement. However, implementing ABM without the proper groundwork can result in underwhelming outcomes.
So, how do you know when you are ready for ABM? By asking the right questions, you'll be able to determine where you are in your ABM journey - and if you are ready to dive into your first ABM campaign.
Think of ABM not just as a marketing strategy but as a sales enablement tool. The primary goal of ABM is to increase conversion rates for outbound sales. However, to do so effectively, marketing and sales teams must be in sync. Aligning sales and marketing isn't optional—it's a prerequisite. The goal is to increase conversion rates from 1% to 3% or 5% (or more!). But that's only possible when both teams work together seamlessly.
Therefore, ABM works best when there's a solid outbound sales process in place. Without it, your campaigns risk generating leads that sales teams don't act on. To be truly effective, we recommend automating the outbound sales function using tools like SalesLoft or Apollo to ensure a smooth handoff between marketing and sales. But ABM's value isn't just in running ads—it's about creating a full-funnel growth strategy that turns intent signals into actionable opportunities.
Since ABM is more about sales enablement than simply running ads, it's important to think about your campaigns across four key areas - audience, resources, content, and channels. The goal is to build out a strategy that speaks to specific audiences in a hyper-personalized way across multiple channels. Here's how to understand if you are ABM-ready across each of these important segments.
A data-driven understanding of your Ideal Customer Profile (ICP) ensures you focus resources on accounts with the highest potential ROI. Without it, your marketing efforts will be generic and unfocused, wasting time and resources. ABM's effectiveness lies in precision—knowing who to target allows you to craft messaging that resonates.
Here's how to gauge your readiness:
You're ready for ABM when:
Successful ABM bridges the gap between marketing and sales, enabling seamless handoffs and collaboration. Without alignment, your campaigns may generate leads that sales teams don't know how to act on—or worse, ignore. However, you do need adequate staffing and budget, as well as executive buy-in, to ensure ABM is a company-wide priority with dedicated funding and support.
Gauge your resource readiness by asking:
You're ready for ABM when:
ABM relies on high-value content and individualized messaging to resonate with specific accounts at various stages of the sales funnel. Generic content won't capture the attention of decision-makers, especially in competitive markets. A varied content library allows you to address unique pain points, demonstrate value, and nurture accounts over time.
Grow your content organically by:
You're ready for ABM when you can:
A single-channel approach limits your reach and impact. ABM thrives on a coordinated, omnichannel strategy (across email, programmatic ads, social media, direct mail, etc.) that keeps your brand top of mind while delivering consistent messaging. Incorporating intent data into your campaigns allows you to focus on accounts actively searching for solutions to increase your conversion rates.
Build your reach step by step:
You're ready for ABM when you can:
While ABM is an effective marketing tool, jumping into ABM without preparation can lead to:
If you're not fully ready for ABM, focus first on strengthening your ICP, aligning teams, building content, and establishing an outbound sales motion.
Propensity's Jumpstart program is designed for companies that want to adopt ABM but need help building a solid foundation. Over 90 days, we'll help you:
This 90-day program is designed for organizations implementing ABM for the first time and includes end-to-end orchestration implementation and execution of an ABM campaign and sales automation.
ABM doesn't have to be intimidating. By putting the right tools and processes in place early in the process, you'll set your teams up for long-term success while capturing the highest possible ROI.