Account-based engagement is the higher path of account-based marketing where success is found. By focusing on closed-loop reporting and nurturing relationships with your target accounts, you can optimize your marketing efforts for true success. Here’s what you need to know about account-based engagement:
What Is Account-Based Engagement?
Account-based engagement is a targeted approach to marketing that focuses on key accounts that are ready to close. By segmenting and identifying these target accounts, you can engage and nurture them into open opportunities. This allows you to focus your marketing efforts on the accounts that matter most, resulting in improved ROI.
Steps To Implementing An ABE Strategy
There are a few key steps to implementing account-based engagement:
1. Segment Your Target Accounts
The first step is to segment your target accounts into different groups based on factors like industry, size, or location. This will help you identify which accounts are most likely to convert.
2. Identify The Decision-Makers
Once you’ve segmented your target accounts, you need to identify the decision-makers within each company. This includes finding out who has influence over the purchase decision and who has the budget to make a purchase.
3. Build Relationships
Once you’ve identified the decision-makers, you need to start building relationships with them. This can be done through personalized outreach, content marketing, or even events and tradeshows.
4. Nurture Your Accounts
Once you’ve built relationships with the decision-makers, you need to nurture those relationships to turn them into closed deals. This includes providing valuable content, staying top of mind, and offering incentives like discounts or free trials.
5. Measure Your Success
The final step is to measure your success by tracking key metrics like conversion rate, deal size, and customer lifetime value. This will help you improve your account-based engagement strategy over time.
Who Should Use Account-Based Engagement?
Account-based engagement is ideal for B2B companies that sell to large enterprises. If you’re struggling to generate leads and close deals, this approach can help you focus your efforts on the accounts that are most likely to convert.
What Are The Benefits Of Account-Based Engagement?
There are several benefits to using account-based engagement, including:
1. Improved ROI
By focusing your efforts on key accounts that are ready to close, you can see an improved ROI from your marketing efforts.
2. Increased Efficiency
By segmenting your target accounts and identifying the decision-makers, you can be more efficient with your marketing efforts. This allows you to focus your time and resources on the accounts that matter most.
3. Improved Relationships
By building relationships with the decision-makers in your target accounts, you can improve the overall health of your customer relationships. This can lead to increased loyalty and customer lifetime value.
Start Using ABE Today!
If you’re looking for a more targeted approach to marketing that can help you close more deals, account-based engagement is the way to go. Want to learn how Signals can help you identify, target, and engage with your potential customers? Click here to book your free demo to learn more!