It Is Also A Guide To Account Based Content Marketing In 2023
Account Based Content Marketing for Professional Services
Your marketing department and digital agency could focus their efforts on a particular group of clients or accounts that have account-based content marketing. This lets you create content that is hyper-personalized and is directly addressing their issues and demonstrates how your product can assist them in solving their problems.
ABM content that is effective must deliver the right information to every stakeholder in the buyer center at the right time. This means identifying the needs of each persona at different stages in their journey.
Targeting Specific Accounts
Account-based content marketing is a more personal approach to content marketing than traditional strategies, which seek to convert people who are not familiar with marketing campaigns into leads. By identifying the key decision makers at each account and understanding their needs and goals, marketers can create and distribute content that is relevant to the specific accounts. This creates an effective dialogue with prospects and customers which ultimately leads to greater business outcomes for the company.
Once you've identified the target accounts The next step is to develop accounts plans for each one. This involves analysing each account and determining the channels to utilize and which customers within the account should be engaging with, and what kinds of content are needed to increase engagement and converts. This could include thought-provoking content, such as whitepapers or case studies. whitepapers, case studies, webinars, retargeting advertising, personalized website experiences and other marketing techniques tailored to each account are all possible.
This is why account based content marketing can deliver much higher return on investment than traditional content marketing tactics. 84% of B2B marketing professionals who have integrated account-based marketing into their strategies report higher returns on investment than any other marketing strategy.
Although it takes more effort and time to nurture a smaller group of accounts, the benefits are significant for businesses who seek to increase their revenues across all stages of the funnel. This is especially true for professional service businesses, where the quality of customers or prospects is more important than the number of people they can draw.
ABM is also a great alternative for businesses looking to expand business with their existing customers over time by developing trusting relationships. Research shows that investing in existing customers is more cost-effective than investing money to find and convert new customers.
Combining ABM with inbound marketing methods will maximize the impact of content marketing. Utilizing the combination of the pillar content, retargeting and lead capture landing pages, marketers can provide more value to potential customers at every stage of the buying process. This enables them to create more acquisition, acceleration, and expansion revenue opportunities for their sales and marketing teams.
Create content that is hyper-personalized
ABM is a rage in the field of marketing. digital content marketing is crucial that marketers are aware of how to adapt their strategies for content to the new method. It can be difficult to understand how ABM actually is working. In a recent talk at ContentTECH, Jenny Magic and Jennalee Reiff of Convince & Convert and Springbox provided a crash course on ABM, explaining the key factors to be considered and what you can expect in a successful execution.
The most effective ABM content strategy starts by understanding your ideal client's pain points and objectives. Content that is in line with these goals allows you to provide more personal service and boost conversions. The content you create must be tailored to the specific needs of each account. This is why it is crucial to outline the user journeys within your target accounts. This will allow you to determine which content (and individual pages and items) is most popular with your intended audience. This information can then be used to optimize journeys on your site, showing the most effective content to visitors from the accounts.
Creating hyper-personalized content can be challenging however it is an important step to increasing the impact of your ABM efforts. According to State of Marketing, 2023 83% of consumers are willing to give up their personal data for a more customized experience.
AI processing of real-time data is one method to create hyper-personalized content. This will help you control the way your content is delivered and provide suggestions for the future steps and react to events in a flash. While it cannot replace your multivariate testing or strategic planning, it can be a useful instrument to improve the effectiveness of your ABM campaigns.
Another method to personalize your content is by leveraging the pillar and cluster structure. This lets you create a full piece that addresses the issue your target accounts are facing, and then connect it to other pieces that address specific aspects of that issue. For example, a fitness tracker may have a variety of common goals and benefits however, the manner in which different kinds of people use it can differ significantly.
Aligning Marketing and Sales
Traditionally, professional services marketers focused on developing a linear sales funnel by using broad marketing campaigns that enticed large numbers of people in the expectation that a few would be converted. This strategy may have worked in the past when B2B marketing employed a more broadcast-based model, but it's not effective in the current Account Based Marketing strategy. Instead of attempting to push all leads through the same stages of the process, you should instead focus on prospects with high value. You can accomplish this by providing them with content or experiences that are tailored to meet their specific needs and problems.
The first step is to identify your ideal client profile (ICP). This isn't as simple as establishing buyer personas as you must also take into account the types of solutions each customer is seeking and how they will be utilized.
Once you know your ICP, the next step is to create a strategy for your content that connects to each of these accounts across different channels. This could include anything from social media ads, to email outreach.
It's crucial that your sales and marketing teams are on the same page when you implement your ABM strategy. This will ensure that all of your content is relevant to each account, ensuring that you don't waste time and resources attracting the wrong kind of audience.
Another crucial step is to leverage the information you have about your top-performing clients. By looking at your previous customer information, you will be able to discover the positive traits they have in common, such as being in the financial services sector or falling within a certain size. This data can be used to create targeted marketing campaigns for similar potential customers.
It's also crucial to monitor your ABM strategy's performance and make any necessary changes. If your target audience does not respond to your content, you may need to reach out and see what you can do to help move them along the sales funnel. If you follow these steps you'll be able get your ABM strategy and content efforts better aligned and ultimately help to drive more conversions.
Measuring Success
Account-based content marketing focuses on creating content, such as videos, reports, blogs and webinars that are relevant and personalized for a specific persona or account. For instance, if you're targeting healthcare companies, your content needs to be focused on their issues and concerns. This kind of personalization doesn't just help with ABM but also helps build strong relationships with potential customers.
ABM can be used throughout the sales funnel. In fact, it could be more effective than traditional lead generation when utilized at the top of the funnel. This is because it will help you to identify and engage a small number of accounts that are likely to convert, as opposed to trying to generate leads from a huge audience that may not be interested in your product or service.
Although offline strategies like phone calls and meetings in person, or handwritten notes are efficient, today's buyers prefer remote and digital self-service. It's essential to provide the right content at the right moment and in the format they prefer.
ABM is particularly effective at engaging executives in the C-suite who are hard to reach. They tend to ignore mass email campaigns and are more likely to respond to content that speaks to their needs and use cases. ABM can also help you reduce the time it takes to sell by allowing engagement with prospects at key stages in their journey, like when they are looking for solutions to address specific business problems.
Although ABM hasn't been around for longer than traditional sales and marketing strategies, it's rapidly becoming a top strategy for B2B organizations looking to increase their efficiency and generate greater 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.