Sales and marketing teams both aim for the same target: high-value, loyal customers. So why do they often work in silos?
Account based marketing (ABM) unites sales and marketing, and is gaining traction as a leading B2B marketing strategy. ABM involves highly focused marketing tactics, closely intertwined with sales activities, for a specific group of target accounts. When done well, the result is more efficient and effective campaigns delivering personalized, valuable customer experiences.
This article will help you understand the power of ABM, overcome roadblocks to adoption, and identify partner tools to enhance your ABM efforts on LinkedIn.
Account based marketing is predicated on a fundamental shift: from high-scale mass prospecting to a more deliberate, thoughtful, and orchestrated approach. Organizations select a list of target accounts based on key parameters, then sales and marketing collaboratively work to build brand awareness and relationships within these specified organizations.
The heart of ABM is that your customers feel understood and taken care of, not sold to. This fosters customer loyalty and keeps your brand top-of-mind when it comes time to buy. Some of the key benefits of ABM are:
Although the ROI argument for ABM is strong, adjusting your strategy can be bumpy. Some of the primary challenges associated with ABM:
LinkedIn’s network of marketing partner solutions can help you overcome ABM challenges and break through with tailored campaigns that connect. Here’s a selection of partners that can help jumpstart your ABM journey in various ways. See the complete list of LinkedIn Marketing Partners here.
The benefits of ABM can’t be ignored, which is why more and more organizations are adopting it as a strategic framework. To find out more about how your organization can excel with account based marketing, we invite you to view our on-demand I Heart ABM webinar.
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