Challenge:

  • Previously, Genesys marketing and sales teams worked independently to reach potential customers in a highly complex buying environment. This did not position the company to achieve its rapid growth goals in key markets.To accelerate momentum, Genesys adopted an Account Based Marketing (ABM) approach to better reach the right people, at the right time.

Solution:

  • By creating a foundation of data and insights, LinkedIn gave the Genesys marketing and sales teams the structure needed to identify and pursue accounts in a unified and strategic way. Tapping into the power of LinkedIn’s Marketing Solutions alongside Sales Navigator, both teams found improved ways to collaborate with one another, target new markets with precision, and expand their brand’s reach.
  • Once underway, Genesys refined and optimized their process by leveraging key buyer signals from LinkedIn. With these insights, their teams could make better decisions on how to reach prospects throughout a highly targeted customer journey, using a range of creative methods.

Results:

  • New prospect pipeline sourced by marketing increased 16%
  • New customer bookings contribution rose 30% year-over-year
  • New customer engagements score grew by 10%
  • Inquiries grew by 40% year-over-year
  • Cost per lead dropped by 30%
  • Sales Navigator influenced 64% of closed revenue in 2019
  • 5,681 deals were influenced by digitally-enabled selling.
  • 3,618 deals were sourced by digitally-enabled selling.
  • Named ‘ABM Innovator of the Year’ by SMX

Getting Started with ABM

  • Genesys didn’t launch a company-wide ABM program right out of the gate. Mindful that false starts could hamper longterm buy-in for ABM, marketing and sales leaders piloted an ABM program with a carefully selected, cross-functional team. After the pilot program demonstrated that aligned marketing and sales teams could generate results, and foundational tools such as LinkedIn’s Sales Navigator could grow the sales pipeline, ABM using LinkedIn was introduced more broadly across the company.

Right Message, Right Person, Right Time

  • The traditional funnel is no longer an accurate model of the B2B technology buyer’s journey. A new generation of collaborative technology buyers seek input from colleagues, industry peers, thought leaders, online communities, and other sources. The buying unit can include upwards of a dozen individuals, each with different perspectives, and at different stages of consideration and awareness.

About Genesys

For 30 years, Genesys has been at the forefront of helping businesses provide excellent customer service.Today, thousands of organizations in more than 100 countries use Genesys technology to connect every customer moment across marketing, sales and service on any channel. Based in Daly City, California, Genesys has more than 5,500 employees in more than 50 offices all over the world.

Website : http://www.genesys.com

INDUSTRY: Computer Software   
NO. OF EMPLOYEES:  1,001-5,000 employees
HQ LOCATION: Daly City, CA
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Arnaud Kraaijvanger
Arnaud Kraaijvanger
SVP
Marketing Operations
Genesys