SlideShare a Scribd company logo
1 of 18
Download to read offline
How Demandbase Applies Real-time Identification
to an Account-Based Marketing Strategy




                             $50M                $5M Revenue         $9B Revenue
              Current
             Customer Revenue $32B Business Services                   Software &
                             Revenue 2900 EmployeesTarget              Technology
            $3B Revenue                           Account
                                     Financial                           2600
            Transportation                               $32B Revenue Employees
                                     Services
              & Logistics
                                     36,000              Manufacturing
               14,171
                                    Employees               20,400
              Employees
                                                          Employees




Driving Online Customer Engagement While
Dramatically Improving Web Conversions
with Real-Time Identification
How Demandbase Applies Real-time Identification
to an Account-Based Marketing Strategy
Driving Online Customer Engagement While Dramatically
Improving Web Conversions with Real-Time Identification




Executive Summary                                                         Takeaways include:
The website is the hub for all customer and prospect activity in the      •	How to drive sales with a focus on

business-to-business (B2B) marketplace. In fact, every single deal         marketing to your “sweet spot”
                                                                          •	Extending account-based market-
that your sales team closes has touched your website at some step of
                                                                           ing and account segmentation
the buying process. Still, most B2B companies earn the majority of         beyond email and into your
their revenue from a very small percentage of their web traffic—most       website and content strategy
often because only a portion of their traffic is in their “sweet spot.”   •	Making it all work by combining

    “Sweet spot” or named accounts share certain select character-         your existing content assets,
                                                                           website, CRM, MAS or Live Chat
istics with your best customers. By optimizing your website for those
                                                                          •	Actionable ways to think big, start
sweet spot prospects, you can accelerate revenue and entice more           small, and move fast to incremen-
of those premium visitors to convert. As a B2B marketer, your team         tally improve web conversions of
needs to rethink how you can convert more first-time visitors from         your highest value prospects.

your sweet spot accounts the moment they arrive at your site. If you
do, you’ll see a staggering increase in the number of highly profitable
leads that rapidly enter the sales cycle and become pipeline.




                                                        2
Introduction: The Modern Marketer’s Mandate

 The mandate for today’s B2B marketer is clear—accelerate revenue by cultivating a rich pipeline of
 sales-ready leads and engaging customers at deeper and more meaningful levels. The days of feel-good
 brochures are over. You need to scientifically implement a marketing strategy that catches customers
                            and prospects online with engaging and measurable interactions that convert
                                   to revenue.
Sales quotas are up by                      The challenge is, since the advent of the internet and the fast
93% in 2012, with only a                  growth of social platforms, competition for prospect attention has
33% average increase in the                 become tougher than ever. In an attempt to create as many
marketing budgets that support               leads as possible, most B2B companies implement a shotgun
them. In other words, your team               approach, turning websites into content libraries without a card
needs to create three times                   catalog or a librarian—often diluting their message by trying to
as many marketing-qualified                  appeal to as many visitors as possible with generic, one-size-fits-
leads as you have money for.                 all content and offers.
You need to do something
                                                 Today’s B2B buyer is a complex individual, requiring an
different—and fast.
                                         extremely nuanced and integrated approach across multiple touch
Source: CSO Insights
                                      points. Their B2C shopping experience has led them to expect person-
                                alized offers and concierge-level information services anytime, anywhere.
                       B2Bs typically don’t have all of the personalization advantages that B2Cs do — such as
 browsing histories built up over repeat visits, or product-specific search traffic — so their shotgun approach
 isn’t really surprising. But the irony is, B2Bs continue using shotguns instead of precision rifles in spite of
 the fact that they know that only a small portion of their traffic even fits their target buyer profile.



   5 Critical Elements of a Robust Online Engagement Strategy
   In order to attract, engage, convert and measure the web visitors of highest-potential value, your
   digital marketing strategy must include the following five strategies:
   1.	 Clearly define the profile of a qualified lead with your sales team.
   2.	 Engage web visitors with personalized content, targeted offers and live chat by using real-time
       intelligence to see who is on your site.
   3.	 Optimize your web conversions with shorter, smarter forms on your landing pages.
   4.	 Measure your results to see what’s working and what isn’t.
   5.	 Continually refine your target profiles and marketing campaigns to improve results and
       drive revenue.



                                                          3
The New Solution:
All Roads Lead to Your Website
Many B2B marketers know precisely which strategies and tools they’d                     For every $92
implement to improve their campaigns and deliver higher quality                     marketers spend
leads, if given additional resources. However, today’s C-Level                      driving traffic to
executives and board of investors remain cautious, so their
                                                                                 their websites, they
marketing teams are challenged to create better results with fixed
                                                                                     spend only $1 to
or diminished budgets. That’s why more and more companies
are making strategic investments in their website to incrementally
                                                                                       optimize them.
engage the prospects and customers who matter most at critical                                       Source:
                                                                                Adobe Digital Marketing Blog
moments during their purchase lifecycle.
      In this white paper, we will show how Demandbase has embraced
Pareto’s Law (or, the 80-20 principle) to increase online engagement and
web conversion of sweet spot accounts. We use an account-based marketing
strategy powered by Real-Time Identification to effectively engage and convert more of
the visitors that are the most likely to become revenue. We’ll share actionable ways you
can market to your “sweet spot”— in other words, the prospects visiting your website
who represent the companies that are most likely to become customers.




  Buyer 2.0 at a Glance
  Modern B2B buyers require an extremely                 B2B buyers do their own research and engage
  nuanced and integrated approach across                 with their peers online to discuss products
  multiple touch points. Here’s why:                     and services LONG before they ever talk to
 •	   92% of C-Level executives ignore cold calls        a company representative. And when they
      and emails.                                        do finally reach out, they expect relevant
                                                         information exactly when they want it.
 •	   56-80% of the buying cycle happens before
      the vendor is even invited into the process.       This is why your website is so important—
 •	   63% of customers choose helpful vendors            because customers visit your website from
      over cost-effective vendors.                       anywhere, 24/7.

                                                         Sources: InsideView, Sales Executive Council,
                                                         SiriusDecisions, The Annuitas Group




                                                     4
Target Locked: How Demandbase Engages its
   Ideal Customer Profile with Real-Time ID
                             When you hear the term “named account marketing,” outbound marketing likely
                                  comes to mind — in other words, proactively reaching out to the accounts
                                      tagged by sales as desirable. Of course, such named account strategies
In an environment of limited
                                        are more challenging to execute when one of these accounts visits your
marketing resources, where
                                          website in response to a search or content-based inbound marketing
the buyer has seemingly
                                          campaign. In that scenario, such prospects are harder to identify.
unlimited options, the only way
                                          So how do you achieve an effective balance? For Demandbase, the
to continually drive results is
                                          answer was optimizing our website to treat those named accounts
to focus time and money on
the prospects most likely to              as if we were expecting them. Upon their arrival to our site, we push
become revenue.                          relevant, personalized offers based on their company profile. This is
                                       where outbound and inbound leads intersect.
                                         If you can focus your paid, outbound campaigns against a specific
                               target profile and filter
                       your inbound leads to get the            Top Benefits of a
   same profile, you’ll get a significantly higher return       Real-Time ID Website
   on your marketing dollars. It’s analogous to finding
   needles in the haystack.                                     Here’s what you can expect to see if you
                                                                incorporate account identity as a web
                                                                element:

                                                                •	   Higher lead conversions among named
                        YOUR                                         accounts
                        Website                                 •	   Improved lead capture and lead scoring

                                                                •	   Increase qualified lead generation
          Outbound                    Inbound
                                                                •	   More new business closed
          Marketing                  Marketing
          Strategies                 Strategies                 •	   Expanded presence in existing
           Advertising                   SEM                         customer accounts
           Paid media                    SEO                    •	   Increased pipeline forecast accuracy
           Direct mail                  Social
           List buying                  Blogs                   •	   More accurate outbound marketing
                                          PR                         campaigns with strategically selected
        Email marketing
                                                                     accounts for remarketing and retargeting
         Telemarketing            Content marketing
          Trade shows              Viral marketing              •	   Aligned sales and marketing results




                                                            5
Here are the six steps Demandbase takes to focus our
time and money where it has the most pay-off, plus advice
for how you can put the same strategies to action.

STEP #1
Define your “sweet spot”
target profiles
                                                            $50M                $5M Revenue         $9B Revenue
                                             Current
                                            Customer Revenue $32B Business Services                   Software &
As discussed, B2B companies                                 Revenue 2900 EmployeesTarget              Technology
                                           $3B Revenue                           Account
recognize they’re most likely to sell to                            Financial                           2600
                                           Transportation                               $32B Revenue Employees
                                                                    Services
                                             & Logistics
companies who fit the profile of their                              36,000              Manufacturing
                                              14,171
current customer base. To continually                              Employees               20,400
                                             Employees
                                                                                         Employees
improve quality lead generation, it’s
critical to identify the distinguishing
characteristics of these customers,
especially because they aren’t always
an enterprise’s biggest customers with
the most impressive logos.

To determine Demandbase’s profile of prospects most likely to become revenue, our marketing team:
    •	 Executed a closed-won analysis of deals from the past 12 months.
    •	 Sat down with sales to discuss the top attributes of our highest value customers.
    •	 Collectively defined the predictive attributes of our target buyer profile, including
       industry, size and common technologies utilized by our customers.


Demandbase sells to a more sophisticated marketer—in other words, a marketing team that would
likely be categorized as a “top performer” in analyst surveys. Additionally, the technologies that these
companies use are critical indicators of their likelihood to buy from us. For example, if an organization uses
SiteCatalyst instead of Google Analytics, they have made a commitment of time and resources towards
the active analysis of their Web traffic that is likely more advanced than those companies that are using
free tools. This does not mean we can’t help companies using Google Analytics—as a matter of fact,
Demandbase uses GA. It simply means that the usage of certain marketing tools are likely indicators of
marketing sophistication.
    Companies that already use marketing automation software are another sweet spot for us, specifically
those who use Eloqua. It’s not that we don’t have very successful customers using other tools like Aprimo,
Marketo or others. We do! But at the time of the analysis, Eloqua users were converting and buying our
solutions faster and more consistently than other types of companies in our deal pipeline.

                                                            6
The B2B Buying Landscape
Everyone gets excited about a billion-dollar prospect company, and understandably so.
But do you know how few of them there actually are?
                                                      It all goes back to knowing what a really good
  4.5          Total number of companies
                                                                      lead looks like for your company.
  million      in the United States
                                                                             The fact is, the Fortune
  377,000      Total number of US companies          If your target             500 tends to expect
               that earn over $10 million in         profile falls within          higher service,
               annual revenue                        that top 3,100—or              deeper discounts
                                                     even the top 28,000—           and can be less
                                                     how sure do you want
  28,000       Total number of US companies                                         cooperative than
                                                     to be that you catch
               that earn over $100 million in        and convert them               small or medium-
               annual revenue                        when they visit               size business. On
                                                     your site?
                                                                                the other hand, SMBs
  3,100        Total number of US companies
                                                                             can be easier accounts
               that earn over $1B in
               annual revenue                                         to maintain but may not be as
                                                      profitable. Either way, you want to be certain
Source: Demandbase Business Resolution Platform       that you’re targeting and converting the
                                                      companies that really matter to YOU.




Find a Baseline
Demandbase used Google Analytics to acquire a baseline for the conversion rates of
their existing offers before applying account-based targeting to their online offers.


                                           Any Landing Page
 4,584                                            4,584                                        4,272


                                                  312



                                            Thank You Page              6.81% Conversion Rate




                                                    7
Take Action
To gain granular insight into what primes your target profiles to interact with your website at increasing
levels of engagement, both your sales and marketing departments should sit down and ask:

•	   Who do we sell to? What characteristics                 •	   What offers convert best? You can incremen-
     distinguish them? Consider industry, annual                  tally optimize your content when you know
     revenue, size of the workforce, and key                      what’s worked best in the past for individual
     technologies used.                                           target segments.
•	   Who are our highest-value customers                     •	   What technologies do they have in their stack?
     right now? Contextualize your answers in                     Depending on the solution you sell, this list
     terms of revenue—but also referrals, brand                   may comprise marketing technology, sales or
     advocacy, availability for customer testimonials             IT technology, or something else. The CRM,
     and panels, time to go live, support costs,                  ERP, marketing, finance or human resources
     pricing requirements, and so on.                             technologies that a company has already
•	   What targeting campaigns worked best to                      invested in could be a key indicator to whether
     convert them? In other words, drill into where               they are ready to purchase your products
     you sourced your best leads.                                 or services.




     Don’t Make Perfect the Enemy of Good

     Though Demandbase focused on Eloqua customers, we lacked an Eloqua customer list. Instead,
     we listed and tagged companies using Eloqua through a variety of methods over time, including
     simple salesperson updates in our CRM tool based on:
                •	   Conversations with prospects
                •	   Word on the street
                •	 Trade   shows
                •	   Combing press releases
                •	   Viewing customer areas

     While it’s tempting to make a mountain out of a molehill when creating target lists, it doesn’t have
     to be a massive project. Remember, the goal is to place shorter forms and targeted offers in front
     of prospects that are most likely to generate revenue as quickly as possible – not to create a perfect
     target list.




                                                         8
STEP #2
Nail the landing with simpler landing page forms–
without sacrificing critical information

Even though much of
conversion optimization
begins and ends with the
landing page, industry
averages for a simple
offer-to-completion path
hover between three and
five percent. Furthermore,
few companies know—or perhaps are
brave enough to look at—how many of
their sweet spot accounts convert from their home
page to an offer page.
    To earn access to web visitors’ personal
information, B2B marketing teams must offer
incredibly relevant content that creates the
perception of rich value. Unfortunately, even when
they offer highly customized and relevant content,
most B2B websites still suffer from extremely low         entering our sales cycle or electing to receive
conversion rates. Often, their landing pages are          nurture emails.
to blame.                                                     To make this decision as simple as possible,
    All marketers know landing page conversion            we have reduced friction by limiting our required
increases as the number of form fields decreases.         form fields to the bare essentials: name, title, email
However, most B2B landing pages continue to               and company name. We request a phone number
require 12 to 14 fields because they need all             only if the prospect wants to be contacted in
of that information to provide qualified leads.           person. Any other relevant, important informa-
Salespeople only call leads who they can easily see       tion is captured in hidden form fields, and our
are in their sweet spot.                                  Real-Time Identification service automatically fills
    At Demandbase, we call our landing pages the          in those fields for us.
“moment of truth.” They represent the moment
                                                          To see what we mean, check out Figures 1 and 2 on
when prospects decide whether to invite us into           the next page. The impact on lead management and
their lives for the next 6-12 months, either by           scoring is immediate.




                                                      9
Figure 1: Short Forms Outperform Long Forms*

    First Name*                                     First Name*                                        First Name*

    Last Name*                                      Last Name*                                         Last Name*
    Work Email*                                    Work Email*                                         Work Email*
   Job Function* Choose One...                        Company*                                        Work Phone*

      Company*                                    Job Function* Select...                                Company*
                                                  # Employees* Select...                              Job Function* Select...

                                                       Industry* Advertising & Media                  # Employees* Select...
      Short Form (5 fields)                                                                           CRM System* Select...
       Conversion Rate: 13.4%                                                                             Industry* Advertising & Media
          Cost per: $31.24                         Medium Form (7 fields)
                                                        Conversion Rate: 12.0%
                                                           Cost per: $34.94                              Long Form (9 fields)
*The Marketo study on the impact of form length                                                           Conversion Rate: 10.0%
 on conversion rates and cost per lead.                                                                      Cost per: $41.90
 Read it here.


  Figure 2: Anatomy of a Web Form

   The five fields a B2B company should always include in their web forms to optimize for conversion.
   Account-based details can be automatically added by Demandbase in real-time, eliminating the need
   to ask for them in your forms.

                                                                                                       5 recommended form
                   Use “Job Title” for       First Name     Brett                                      fields. Only use fields
                    better results in                                                                    that are necessary
                                              Last Name     Hansen                                          to accelerate
                     leads scoring.
                                                Job Title   CTO                                              conversion.
                                          Business Email    Bretth@averydennison.com
                                               Company      Aver                                      Company autocomplete
                                                            Avery Dennison Corp. (PASADENA, CA)
                                                                                                       is convenient for the
                     Label this field                                                                    prospect, but also
                                                            Avery-Hammer Ins. (FRESNO, CA)
                  “Business Email” to                                                                   improves accuracy
                                                            Avery Weigh-Tronix (FAIRMONT, MN)
                   increase accuracy.                                                                    and supports data
                                                            Avery Oil & Propane (DIMONDALE, MI)         standardization for
                                                            Avery Health Care System (LINVILLE, NC)      lead management
                                                                                         Register           and scoring.
                                                            Hidden Fields:
                   Capture key profile
                    data behind the      Revenue Range       Over $5 Billion
                                                                                                      Match your CTA button
                   scenes in real time         Industry      Manufacturing                             to the action of your
                  for lead scoring and       Employees       35,700                                       user to increase
                     routing without                                                                    conversion, such as
                   sacrificing volume.         Address       150 North Orange Grove Blvd
                                                                                                           “Register” or
                                                    City     Pasadena                                  “Download” instead
                                                  State      CA                                            of “Submit.”
                                                     Zip     91103

                                         Phone number        (626) 304-2000

                                              Audience       Enterprise

                                                                                   And more...




                                                                          10
STEP #3
Optimize outbound marketing
campaigns with inbound lead
information + robust analytics

Now it’s time to discover if our strategies and
tactics are effective. Are our top priority prospects
visiting Demandbase.com, and if so, which offers
are converting the most effectively? The answers to
these questions will determine how we tweak our
campaigns to incrementally deliver better results
going forward.
    At the moment, Demandbase uses Google
Analytics, though we’ll likely switch to something
more robust in the near future. Here are the five
attributes we measure:
                                                                Demandbase information can be applied to any
   •	 Industry
                                                                web analytics platform, enabling account-based
   •	 Revenue range
                                                                insight into the behavior of your web traffic.
   •	 Audience classification
   •	 Company name
                                                              converted. Knowing specific company names is
   •	 Account status
                                                              highly critical when deciding how to spend money on
(Note: We aren’t allowed to measure any more, as
Google Analytics sets a limit of five custom variables        the same campaign going forward. This knowledge
in its free product.)                                         also helps us circle back and reexamine the
Every month, we drill into which companies                    answers to these important questions:
responded to each individual offer and campaign,                •	   What’s the profile of people who are engaging
regardless of where they engaged or how they                         with us?
                                                                •	   Which offers convert the best?
  TOP 5 SWEET SPOT                                              •	   Are those companies becoming pipeline?
  MARKETING METRICS:                                                 But perhaps the most important question
  1. Overall visits by industry and company size              is, “What are we going to do to improve these
  2. Conversion rates by industry and company size            results?” Since we know the identity of our pros-
  3. Source of traffic by industry and company size           pects, we can easily find ways to upgrade our con-

  4. Named account behavior                                   tent and improve our offers. We measure success
                                                              not by how many companies we engage, but how
  5. Engagement and conversion of companies in
     your Sweet Spot                                          well we engage the right companies.




                                                         11
STEP #4
Create a zero-click website to engage named accounts
the instant they arrive with customized offers.

Today’s customer responds to highly personalized offers. Consider iTunes’ Genius recommendations or
the section on Amazon that shares what customers with similar buying patterns recently purchased. B2B
websites must adapt to instantly provide the same rich user experience to which buyers are becoming
accustomed in order to convert and eventually close new business.
    With our Real-Time Identification service, we receive the business profile data—company name,
location, size, revenue, and so on—of our website visitors the second they arrive. Site visitors are no longer
anonymous page visits but are instead identified by company or audience segment. We customize every
interaction to provide the most relevant information at every stage of engagement. We offer new visitors
information we think might stimulate conversion, and we greet existing customers with knowledgeable
engagement that correlates to their known needs.
To customize our offers to Demandbase’s target buyer profile, we conducted a data analysis of the
                                                              accounts we had closed in the past 12 months.
                                                                  Then, we constructed offers based on
                                                                          the characteristics they shared,
                                                                            organizing them in a targeting
                                                                               grid that summarized which
                                                                            offers should be sent and what
                                                                          content should be featured for
                                                                    each account profile. For example, our
                                                                  website greets every company we have
                                                                   identified as an Eloqua customer with an
                                                                   offer that specifically mentions that tool.
                                                                  Customers of other marketing automation
                                                              systems are shown similar offers referencing
                                                           their technology.
                                                               The secret is, our strategies that generate the
                                                           highest return often aren’t very sophisticated. In
                                                           fact, customization can simply mean changing the
                                                           white paper or case study that’s featured as the
                              offer on a page, or inserting a named account’s company name in the page’s
copy. We frequently write several different targeted abstracts for the same white paper based on who we
anticipate the visiting account might be.



                                                      12
A little bit of personalization can
     significantly increase engagement                                 Use Technology that Integrates
     For example, simply by tweaking their website                     into What You Already Use
     strategy, Demandbase customer ArcSight saw:
                                                                       The reality is, resource limitations often dictate
       •	 2X increase in clickthroughs                                 that all new tools must work in tandem with
       •	 3X increase in conversions                                   the technologies you already have in place to
       •	 14X return on investment
                                                                       both simplify ease of use as well as improve
     When healthcare prospects visited their site, they                output. Conversely, it is also important to select
     showed a Boston Medical Center case study. When                   technologies that integrate with any other tools
     financial services companies arrived, their site                  you might consider, as it is hard to gain a
     featured a banking case study. Those who clicked                  return on investment if your technology tools
     through an offer encountered a landing page with a                don’t work together.
     much shorter, smarter web form. No images were
     involved. No graphic designers were needed. That’s
     the power of personalization.                                       Finally, no competitive strategy overlooks how
          Sometimes, B2B marketers make the costly                   to handle competitors. Demandbase asks, is there
                             mistake of forgetting to                any information we don’t want our competitors to
                                  personalize offers and             see? What about content that we absolutely do? In
                                      formalize content              the near future, we plan to follow in the footsteps of
On average, you have eight                                           a customer, Akamai, and re-direct our competitors
                                         sequencing
seconds to engage someone on                                         to our careers web page.
                                          for existing
your website, so it’s critical to
                                          accounts.
know exactly who is there the
                                          Statistically, it’s
moment that prospect arrives—
and then engage named                     much easier—
accounts with custom offers.              and cheaper—to
Source:                                  sell to current
Squidoo SEO Best Practices             customers than to
                                     create new ones. In
                               our case, we frequently
                         begin working with companies to
     optimize their website’s landing pages and forms.
     It’s a simple process and shows rapid ROI. At that
     point, these customers are often ready for the next
     step, so our website targets them with messages
     about our analytics package—a popular next step.




                                                                13
STEP #5
Connect with your named or engaged accounts with live chat
Most consumers are familiar with the concept of               comes to distinguishing customers from potential
live chat. While B2Cs have effectively used chat to           prospects. We are immediately able to identify the
augment sales for a while, the primary B2Bs use               product they are using and the customer success
case is typically as a support
tool. Our account development            Live Chat Visitor Scenarios
team uses live chat from                  Use Case: Sales Enablement/Lead Generation
LivePerson as an intelligence and
                                            Prime Prospect                       Sales Rep: Welcome!
lead generation tool to engage                                                   How can I help you today?
                                            IF Industry = Software/Technology
our highest priority prospects                   AND Revenue = > $500M
                                                 THEN push proactive chat                                      SEND
when they’re on our site.                             with Sales Rep

    Thanks to our Real-Time
                                            Cross Sell / Up Sell                 Account Manager: Hello! Would
Identification capabilities, the                                                 you like to learn how our Services
                                               IF Existing Customer = True
                                                                                 Package compliments the HR
Demandbase account develop-                     AND Product Data Set = A
                                                                                 Package you bought last quarter?
                                              THEN push proactive chat with
ment team receives immediate                  Sales Rep for Cross Sell/Upsell                                  SEND

insight into the identity and
account status of our web traffic,        Use Case: Premium Support

as well as their content path               Support                              Support Rep: Hello! I’m Joe,
through Demandbase.com. They                                                     your Customer Success Manager.
                                               IF Existing Customer = True
                                                                                 How can I help you today?
                                              AND Support Level = Platinum
can decide to proactively engage                THEN push proactive chat                                       SEND
                                                    with Support Rep
these prospects with LivePerson
chat. Even if our web visitors
decline the invitation to commu-
nicate, we acquire valuable real-time information             representative that is associated with the account.”
about which companies are actively responding to                    Providing this kind of immediate, concierge-
our campaigns or teleprospecting efforts.                     level service is especially important in the context
    Our account development team uses chat                    of today’s SaaS business model, when customers
to instantly support current accounts and help                can switch providers at little to no cost. Meanwhile,
them derive the most value from our products                  because our customers are happy, they’re not only
and services. As one Demandbase rep said, “Our                more likely to renew their contracts, but to expand
LivePerson plugin is particularly effective when it           their accounts.




                                                         14
STEP #6                                                    The Demandbase Cheat Sheet
Retarget + remarket to                                     for Thinking Big, Starting
non-converting accounts                                    Small and Moving Quickly
Our final step is to focus our remarketing efforts
on the named account companies who engaged                 1. Attract
with our content but didn’t convert. We also give          •	   Continually refine the list of companies
these names to our account development team                     that fit your profile.
for nurturing and further qualification. Though            •	   Analyze traffic to discover the sources
we’ve succeeded in engaging these target buyers                 driving “sweet spot” accounts.
somewhat, we still need to earn the right to be            •	   Plan around driving the right accounts to
invited into their research process, so we can help             your website. Then, re-market to the ones
                                                                that didn’t convert.
lay the groundwork for whatever requirements may
eventually drive their purchase decision.                  2. Engage
    Something important to note: Avoiding a “one-          •	   Produce more high quality content with
size-fits-all website” means that you will need to              a focus on what converts your named
accept the fact that you might not convert as many              accounts.
leads. However, you will convert more of leads that        •	   Segment and personalize messaging by
are actually likely to become revenue.                          account for new visitors, and by buyer
    By definition, segmentation means leaving                   persona during lead nurturing.
someone out. It lacks a set formula. If you focus          •	   Use A/B and MV UX testing
strictly on best practices, your results will be
                                                           3. Convert
average at best. Instead, look to test, re-test and
                                                           •	   Optimize offers by account
segment in ways that are specific to your company.
                                                           •	   Focus on the Sales Accepted Lead profile
Constantly monitor the types of companies that
                                                           •	   Send unconverted accounts to Account
become customers and the characteristics
                                                                Development Team
they share.
                                                           4. Measure
                                                           •	   Learn more about who is doing what on
                                                                your site
                                                           •	   Consider strategic investments in new
                                                                analytics tools. Is it time for SiteCatalyst?
                                                           •	   Implement attribution modeling. What is
                                                                driving the right accounts? And what is
                                                                making them convert?




                                                      15
By applying Demandbase Real-Time Identification to an account-based marketing strategy,
  the impact on conversions in the Demandbase “Sweet Spot” segments was significant.

                                                                      Eloqua
                     All Offers                                   Customer Offer
                    6.81%                                               50%
                    Baseline for                                     Proceeded to
                   all web offers                                   Eloqua Targets



                    SiteCatalyst                                Other Marketing
                        Offer                                   Automation Offer
                      100%                                          30.77%
                    Proceeded to                                Proceeded to MAS
                 SiteCatalyst Targets                          (Non-Eloqua) Targets




Conclusion: Think Big, But Start Small
with a Focus on the Sweet Spot
Contrary to conventional wisdom, more is not better when it comes to your website. In fact, a generic
approach jeopardizes your chances of converting the prospects that really matter. The secret is to optimize
your website for buyers within your sweet spot with personalized offers, live chat, shorter forms and robust
analytics—all enhanced with Real-Time Identification.
    But not all at once! Choose one thing to improve, and work on it. Then, pick another.
    You don’t have to implement all of these strategies to start seeing results. Begin with what is within
your grasp right now. Based upon our experience, we recommend first shortening your forms or exploring
an analytics plugin option. Content personalization or chat can come later.
    Incremental changes in any one of these individual areas will have an immediately, long-term impact—
so think big, start small and move quickly.




                                                     16
Demandbase is the first real-time targeting and
     personalization platform for B2B, transforming the
     effectiveness of marketing programs and Market-
     ing’s ability to impact revenue. While personaliza-
     tion tools have long existed for B2C, until now, none
     were geared specifically to enable B2B marketers to
     make online interactions more effective, delivering
     the right message at the right time.
         Without the use of cookies, Demandbase’s
     Real-time Identification service bridges the gap
     between known and anonymous web visitors by
     identifying and segmenting the companies visiting
     a website, and providing detailed, targetable
     business attributes in real-time. Demandbase
     integrates with other sales and marketing tech­
     nologies to deliver unique intelligence about web
     visitors, and better attract, convert and retain the
     right customers. Enterprise leaders and high-
     growth companies alike use Demandbase to drive
     better marketing performance.
         Founded in 2006 and used by more than
     1,000 companies, Demandbase is headquartered
     in San Francisco, California and funded by Adobe
     Systems (NASDAQ: ADBE), Altos Ventures, Sigma
     Partners, and Sutter Hill Ventures.




17
San Francisco Headquarters
      Demandbase, Inc.                         Facebook	   facebook.com/DemandbaseMarketing
      301 Howard Street, Suite 1800            Twitter	    twitter.com/demandbase
      San Francisco,CA 94105                   YouTube	    youtube.com/demandbasemarketing
      info@demandbase.com                      Blog	       demandblog.demandbase.com/
      415.683.2660


Demandbase Support
      415.683.2660
      support@demandbase.com




© 2012 Demandbase, Inc. All rights reserved.

More Related Content

What's hot

Your Roadmap to Success from the all new Clear and Complete Guide to Account-...
Your Roadmap to Success from the all new Clear and Complete Guide to Account-...Your Roadmap to Success from the all new Clear and Complete Guide to Account-...
Your Roadmap to Success from the all new Clear and Complete Guide to Account-...Demandbase
 
ABM Master Class: Audience Strategy
ABM Master Class: Audience StrategyABM Master Class: Audience Strategy
ABM Master Class: Audience StrategyDemandbase
 
As Easy As ABX
As Easy As ABX As Easy As ABX
As Easy As ABX Demandbase
 
Driving Results Across the Funnel with ABM
Driving Results Across the Funnel with ABMDriving Results Across the Funnel with ABM
Driving Results Across the Funnel with ABMDemandbase
 
Get Real: Evaluating Your ABM Tech Stack for Maximum ROI
Get Real: Evaluating Your ABM Tech Stack for Maximum ROIGet Real: Evaluating Your ABM Tech Stack for Maximum ROI
Get Real: Evaluating Your ABM Tech Stack for Maximum ROIDemandbase
 
ABX for Sales: How to Get Strategic with Prospecting
ABX for Sales: How to Get Strategic with Prospecting ABX for Sales: How to Get Strategic with Prospecting
ABX for Sales: How to Get Strategic with Prospecting Demandbase
 
The Next Generation of B2B Advertising: A Conversation with SiriusDecisions
The Next Generation of B2B Advertising: A Conversation with SiriusDecisionsThe Next Generation of B2B Advertising: A Conversation with SiriusDecisions
The Next Generation of B2B Advertising: A Conversation with SiriusDecisionsDemandbase
 
Sales and Marketing Alignment: Bridging the Great Divide through ABM
Sales and Marketing Alignment: Bridging the Great Divide through ABMSales and Marketing Alignment: Bridging the Great Divide through ABM
Sales and Marketing Alignment: Bridging the Great Divide through ABMDemandbase
 
Account-Based Marketing Software
Account-Based Marketing SoftwareAccount-Based Marketing Software
Account-Based Marketing SoftwareFiind Inc
 
Orchestrating marketing and sales actions across the buyers journey
Orchestrating marketing and sales actions across the buyers journeyOrchestrating marketing and sales actions across the buyers journey
Orchestrating marketing and sales actions across the buyers journeyDemandbase
 
How to Personalize and Accelerate the Customer Journey Through Targeted 1:1 E...
How to Personalize and Accelerate the Customer Journey Through Targeted 1:1 E...How to Personalize and Accelerate the Customer Journey Through Targeted 1:1 E...
How to Personalize and Accelerate the Customer Journey Through Targeted 1:1 E...Demandbase
 
Account-Based Webinars: The Good, The Rad, The Necessary
Account-Based Webinars: The Good, The Rad, The NecessaryAccount-Based Webinars: The Good, The Rad, The Necessary
Account-Based Webinars: The Good, The Rad, The NecessaryDemandbase
 
ABM Master Class: Sales Secrets for Pipeline Hyper-Growth
ABM Master Class: Sales Secrets for Pipeline Hyper-GrowthABM Master Class: Sales Secrets for Pipeline Hyper-Growth
ABM Master Class: Sales Secrets for Pipeline Hyper-GrowthDemandbase
 
Is ABM Right For You?
Is ABM Right For You?Is ABM Right For You?
Is ABM Right For You?DemandGen
 
Scale and Precision for an ABM Strategy
Scale and Precision for an ABM StrategyScale and Precision for an ABM Strategy
Scale and Precision for an ABM StrategyDemandbase
 
Q219 Webinar Conversational ABM
Q219 Webinar Conversational ABMQ219 Webinar Conversational ABM
Q219 Webinar Conversational ABMDelaneyKutsal
 
Making Sense of the Evolving ABM Solutions Landscape
Making Sense of the Evolving ABM Solutions LandscapeMaking Sense of the Evolving ABM Solutions Landscape
Making Sense of the Evolving ABM Solutions LandscapeDemandbase
 
5 Steps to Measure ABM Success
5 Steps to Measure ABM Success5 Steps to Measure ABM Success
5 Steps to Measure ABM SuccessStephanie Thomas
 
Customer Acquisition & Revenue Operations Benchmarks for 2022
Customer Acquisition & Revenue Operations Benchmarks for 2022Customer Acquisition & Revenue Operations Benchmarks for 2022
Customer Acquisition & Revenue Operations Benchmarks for 2022Demandbase
 

What's hot (20)

Your Roadmap to Success from the all new Clear and Complete Guide to Account-...
Your Roadmap to Success from the all new Clear and Complete Guide to Account-...Your Roadmap to Success from the all new Clear and Complete Guide to Account-...
Your Roadmap to Success from the all new Clear and Complete Guide to Account-...
 
ABM Master Class: Audience Strategy
ABM Master Class: Audience StrategyABM Master Class: Audience Strategy
ABM Master Class: Audience Strategy
 
Plan to Measure Webinar Deck
Plan to Measure Webinar DeckPlan to Measure Webinar Deck
Plan to Measure Webinar Deck
 
As Easy As ABX
As Easy As ABX As Easy As ABX
As Easy As ABX
 
Driving Results Across the Funnel with ABM
Driving Results Across the Funnel with ABMDriving Results Across the Funnel with ABM
Driving Results Across the Funnel with ABM
 
Get Real: Evaluating Your ABM Tech Stack for Maximum ROI
Get Real: Evaluating Your ABM Tech Stack for Maximum ROIGet Real: Evaluating Your ABM Tech Stack for Maximum ROI
Get Real: Evaluating Your ABM Tech Stack for Maximum ROI
 
ABX for Sales: How to Get Strategic with Prospecting
ABX for Sales: How to Get Strategic with Prospecting ABX for Sales: How to Get Strategic with Prospecting
ABX for Sales: How to Get Strategic with Prospecting
 
The Next Generation of B2B Advertising: A Conversation with SiriusDecisions
The Next Generation of B2B Advertising: A Conversation with SiriusDecisionsThe Next Generation of B2B Advertising: A Conversation with SiriusDecisions
The Next Generation of B2B Advertising: A Conversation with SiriusDecisions
 
Sales and Marketing Alignment: Bridging the Great Divide through ABM
Sales and Marketing Alignment: Bridging the Great Divide through ABMSales and Marketing Alignment: Bridging the Great Divide through ABM
Sales and Marketing Alignment: Bridging the Great Divide through ABM
 
Account-Based Marketing Software
Account-Based Marketing SoftwareAccount-Based Marketing Software
Account-Based Marketing Software
 
Orchestrating marketing and sales actions across the buyers journey
Orchestrating marketing and sales actions across the buyers journeyOrchestrating marketing and sales actions across the buyers journey
Orchestrating marketing and sales actions across the buyers journey
 
How to Personalize and Accelerate the Customer Journey Through Targeted 1:1 E...
How to Personalize and Accelerate the Customer Journey Through Targeted 1:1 E...How to Personalize and Accelerate the Customer Journey Through Targeted 1:1 E...
How to Personalize and Accelerate the Customer Journey Through Targeted 1:1 E...
 
Account-Based Webinars: The Good, The Rad, The Necessary
Account-Based Webinars: The Good, The Rad, The NecessaryAccount-Based Webinars: The Good, The Rad, The Necessary
Account-Based Webinars: The Good, The Rad, The Necessary
 
ABM Master Class: Sales Secrets for Pipeline Hyper-Growth
ABM Master Class: Sales Secrets for Pipeline Hyper-GrowthABM Master Class: Sales Secrets for Pipeline Hyper-Growth
ABM Master Class: Sales Secrets for Pipeline Hyper-Growth
 
Is ABM Right For You?
Is ABM Right For You?Is ABM Right For You?
Is ABM Right For You?
 
Scale and Precision for an ABM Strategy
Scale and Precision for an ABM StrategyScale and Precision for an ABM Strategy
Scale and Precision for an ABM Strategy
 
Q219 Webinar Conversational ABM
Q219 Webinar Conversational ABMQ219 Webinar Conversational ABM
Q219 Webinar Conversational ABM
 
Making Sense of the Evolving ABM Solutions Landscape
Making Sense of the Evolving ABM Solutions LandscapeMaking Sense of the Evolving ABM Solutions Landscape
Making Sense of the Evolving ABM Solutions Landscape
 
5 Steps to Measure ABM Success
5 Steps to Measure ABM Success5 Steps to Measure ABM Success
5 Steps to Measure ABM Success
 
Customer Acquisition & Revenue Operations Benchmarks for 2022
Customer Acquisition & Revenue Operations Benchmarks for 2022Customer Acquisition & Revenue Operations Benchmarks for 2022
Customer Acquisition & Revenue Operations Benchmarks for 2022
 

Similar to Drive Online Engagement While Increasing Web Conversions

News cred guide_to_content_marketing_roi
News cred guide_to_content_marketing_roiNews cred guide_to_content_marketing_roi
News cred guide_to_content_marketing_roiAnne B. Patrick
 
The Ultimate Guide to Measuring the ROI of Content Marketing
The Ultimate Guide to Measuring the ROI of Content MarketingThe Ultimate Guide to Measuring the ROI of Content Marketing
The Ultimate Guide to Measuring the ROI of Content MarketingMohamed Mahdy
 
Account based-marketing
Account based-marketingAccount based-marketing
Account based-marketingLake B2B
 
Digital Marketing 101: Everything You Need To Know
Digital Marketing 101: Everything You Need To KnowDigital Marketing 101: Everything You Need To Know
Digital Marketing 101: Everything You Need To KnowFolsom Creative
 
B2B Advertising [Not] for Dummies
B2B Advertising [Not] for DummiesB2B Advertising [Not] for Dummies
B2B Advertising [Not] for DummiesDemandbase
 
Digital Marketing Overview of Services
Digital Marketing Overview of ServicesDigital Marketing Overview of Services
Digital Marketing Overview of Servicesabhishektiwari765262
 
Scott Digital Marketing 5 P's of Digital Marketing
Scott Digital Marketing 5 P's of Digital MarketingScott Digital Marketing 5 P's of Digital Marketing
Scott Digital Marketing 5 P's of Digital MarketingScott Digital Marketing
 
CTL Demandbase DF16 10.6 Final - REVISION 1
CTL  Demandbase DF16 10.6 Final - REVISION 1CTL  Demandbase DF16 10.6 Final - REVISION 1
CTL Demandbase DF16 10.6 Final - REVISION 1geoffkahler
 
NewsCred's Ultimate Guide to Content Marketing ROI
NewsCred's Ultimate Guide to Content Marketing ROINewsCred's Ultimate Guide to Content Marketing ROI
NewsCred's Ultimate Guide to Content Marketing ROIstu.Dio
 
Ultimate Guide to Content Marketing ROI
Ultimate Guide to Content Marketing ROIUltimate Guide to Content Marketing ROI
Ultimate Guide to Content Marketing ROIEvgeny Tsarkov
 
Newscred's: Ultimate guide to content marketing Dec 2013
Newscred's: Ultimate guide to content marketing Dec 2013Newscred's: Ultimate guide to content marketing Dec 2013
Newscred's: Ultimate guide to content marketing Dec 2013Brian Crotty
 
3 Quick Ways Small Teams Can Marry Inbound & ABM to Supercharge Growth
3 Quick Ways Small Teams Can Marry Inbound & ABM to Supercharge Growth3 Quick Ways Small Teams Can Marry Inbound & ABM to Supercharge Growth
3 Quick Ways Small Teams Can Marry Inbound & ABM to Supercharge GrowthAggregage
 
In the Lab with DeeBee: Orchestration 101.pdf
In the Lab with DeeBee: Orchestration 101.pdfIn the Lab with DeeBee: Orchestration 101.pdf
In the Lab with DeeBee: Orchestration 101.pdfDemandbase
 
Maximize Marketing ROI with Retargeting
Maximize Marketing ROI with RetargetingMaximize Marketing ROI with Retargeting
Maximize Marketing ROI with RetargetingDemandWave
 
Embellishing the lucrative fundamentals of b2 b inbound marketing to achieve ...
Embellishing the lucrative fundamentals of b2 b inbound marketing to achieve ...Embellishing the lucrative fundamentals of b2 b inbound marketing to achieve ...
Embellishing the lucrative fundamentals of b2 b inbound marketing to achieve ...Andy Alagappan
 
Demand7 - Customer Acquisition Engine
Demand7 - Customer Acquisition EngineDemand7 - Customer Acquisition Engine
Demand7 - Customer Acquisition EngineMyk Pono
 
Digital Strategy Keynote - Bibby Consulting Group
Digital Strategy Keynote - Bibby Consulting GroupDigital Strategy Keynote - Bibby Consulting Group
Digital Strategy Keynote - Bibby Consulting GroupNathanial Bibby
 
Ecommerce, Trends & Challenges in B2B
Ecommerce, Trends & Challenges in B2BEcommerce, Trends & Challenges in B2B
Ecommerce, Trends & Challenges in B2BAndy C Watson
 
5 Prover Customer Acquisition Strategies For B2C Startups
5 Prover Customer Acquisition Strategies For B2C Startups5 Prover Customer Acquisition Strategies For B2C Startups
5 Prover Customer Acquisition Strategies For B2C StartupsMarketing Masala
 

Similar to Drive Online Engagement While Increasing Web Conversions (20)

News cred guide_to_content_marketing_roi
News cred guide_to_content_marketing_roiNews cred guide_to_content_marketing_roi
News cred guide_to_content_marketing_roi
 
The Ultimate Guide to Measuring the ROI of Content Marketing
The Ultimate Guide to Measuring the ROI of Content MarketingThe Ultimate Guide to Measuring the ROI of Content Marketing
The Ultimate Guide to Measuring the ROI of Content Marketing
 
Account based-marketing
Account based-marketingAccount based-marketing
Account based-marketing
 
Digital Marketing 101: Everything You Need To Know
Digital Marketing 101: Everything You Need To KnowDigital Marketing 101: Everything You Need To Know
Digital Marketing 101: Everything You Need To Know
 
B2B Advertising [Not] for Dummies
B2B Advertising [Not] for DummiesB2B Advertising [Not] for Dummies
B2B Advertising [Not] for Dummies
 
Digital Marketing Overview of Services
Digital Marketing Overview of ServicesDigital Marketing Overview of Services
Digital Marketing Overview of Services
 
Scott Digital Marketing 5 P's of Digital Marketing
Scott Digital Marketing 5 P's of Digital MarketingScott Digital Marketing 5 P's of Digital Marketing
Scott Digital Marketing 5 P's of Digital Marketing
 
CTL Demandbase DF16 10.6 Final - REVISION 1
CTL  Demandbase DF16 10.6 Final - REVISION 1CTL  Demandbase DF16 10.6 Final - REVISION 1
CTL Demandbase DF16 10.6 Final - REVISION 1
 
NewsCred's Ultimate Guide to Content Marketing ROI
NewsCred's Ultimate Guide to Content Marketing ROINewsCred's Ultimate Guide to Content Marketing ROI
NewsCred's Ultimate Guide to Content Marketing ROI
 
Ultimate Guide to Content Marketing ROI
Ultimate Guide to Content Marketing ROIUltimate Guide to Content Marketing ROI
Ultimate Guide to Content Marketing ROI
 
Newscred's: Ultimate guide to content marketing Dec 2013
Newscred's: Ultimate guide to content marketing Dec 2013Newscred's: Ultimate guide to content marketing Dec 2013
Newscred's: Ultimate guide to content marketing Dec 2013
 
3 Quick Ways Small Teams Can Marry Inbound & ABM to Supercharge Growth
3 Quick Ways Small Teams Can Marry Inbound & ABM to Supercharge Growth3 Quick Ways Small Teams Can Marry Inbound & ABM to Supercharge Growth
3 Quick Ways Small Teams Can Marry Inbound & ABM to Supercharge Growth
 
In the Lab with DeeBee: Orchestration 101.pdf
In the Lab with DeeBee: Orchestration 101.pdfIn the Lab with DeeBee: Orchestration 101.pdf
In the Lab with DeeBee: Orchestration 101.pdf
 
Maximize Marketing ROI with Retargeting
Maximize Marketing ROI with RetargetingMaximize Marketing ROI with Retargeting
Maximize Marketing ROI with Retargeting
 
Embellishing the lucrative fundamentals of b2 b inbound marketing to achieve ...
Embellishing the lucrative fundamentals of b2 b inbound marketing to achieve ...Embellishing the lucrative fundamentals of b2 b inbound marketing to achieve ...
Embellishing the lucrative fundamentals of b2 b inbound marketing to achieve ...
 
Demand7 - Customer Acquisition Engine
Demand7 - Customer Acquisition EngineDemand7 - Customer Acquisition Engine
Demand7 - Customer Acquisition Engine
 
Short Presentation Topics
Short Presentation TopicsShort Presentation Topics
Short Presentation Topics
 
Digital Strategy Keynote - Bibby Consulting Group
Digital Strategy Keynote - Bibby Consulting GroupDigital Strategy Keynote - Bibby Consulting Group
Digital Strategy Keynote - Bibby Consulting Group
 
Ecommerce, Trends & Challenges in B2B
Ecommerce, Trends & Challenges in B2BEcommerce, Trends & Challenges in B2B
Ecommerce, Trends & Challenges in B2B
 
5 Prover Customer Acquisition Strategies For B2C Startups
5 Prover Customer Acquisition Strategies For B2C Startups5 Prover Customer Acquisition Strategies For B2C Startups
5 Prover Customer Acquisition Strategies For B2C Startups
 

More from Demandbase

DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDemandbase
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDemandbase
 
Winning Target Accounts in a Cookieless Era
Winning Target Accounts in a Cookieless EraWinning Target Accounts in a Cookieless Era
Winning Target Accounts in a Cookieless EraDemandbase
 
B2B & GTM Trends and Predictions for 2024.pdf
B2B & GTM Trends and Predictions for 2024.pdfB2B & GTM Trends and Predictions for 2024.pdf
B2B & GTM Trends and Predictions for 2024.pdfDemandbase
 
The Reports Your CMO Wants to See
The Reports Your CMO Wants to SeeThe Reports Your CMO Wants to See
The Reports Your CMO Wants to SeeDemandbase
 
Data Champions League: Winning Strategies for B2B Success
Data Champions League: Winning Strategies for B2B SuccessData Champions League: Winning Strategies for B2B Success
Data Champions League: Winning Strategies for B2B SuccessDemandbase
 
Demandbase + GTM Partners Analyst Hour - ROI Framework Workshop
Demandbase + GTM Partners Analyst Hour - ROI Framework WorkshopDemandbase + GTM Partners Analyst Hour - ROI Framework Workshop
Demandbase + GTM Partners Analyst Hour - ROI Framework WorkshopDemandbase
 
The Magic ABM Potion: Key Elements to Think About When Creating Your ABM Stra...
The Magic ABM Potion: Key Elements to Think About When Creating Your ABM Stra...The Magic ABM Potion: Key Elements to Think About When Creating Your ABM Stra...
The Magic ABM Potion: Key Elements to Think About When Creating Your ABM Stra...Demandbase
 
The Reports Your CMO Wants to See (OpsStars)
The Reports Your CMO Wants to See (OpsStars)The Reports Your CMO Wants to See (OpsStars)
The Reports Your CMO Wants to See (OpsStars)Demandbase
 
Revolutionize Financial Services with AI-driven intent + SFMC Journeys
Revolutionize Financial Services with AI-driven intent + SFMC JourneysRevolutionize Financial Services with AI-driven intent + SFMC Journeys
Revolutionize Financial Services with AI-driven intent + SFMC JourneysDemandbase
 
Nothing Works Anymore: Why B2B Needs A New Playbook
Nothing Works Anymore: Why B2B Needs A New PlaybookNothing Works Anymore: Why B2B Needs A New Playbook
Nothing Works Anymore: Why B2B Needs A New PlaybookDemandbase
 
Customer Lab: Maximizing Your ROI with Demandbase: A Practical Playbook for M...
Customer Lab: Maximizing Your ROI with Demandbase: A Practical Playbook for M...Customer Lab: Maximizing Your ROI with Demandbase: A Practical Playbook for M...
Customer Lab: Maximizing Your ROI with Demandbase: A Practical Playbook for M...Demandbase
 
Analytics that Matter: How to Turn Raw Data Into Actionable Insight Through H...
Analytics that Matter: How to Turn Raw Data Into Actionable Insight Through H...Analytics that Matter: How to Turn Raw Data Into Actionable Insight Through H...
Analytics that Matter: How to Turn Raw Data Into Actionable Insight Through H...Demandbase
 
A Marketers Tale: How ABM Was Successfully Launched at Thales
A Marketers Tale: How ABM Was Successfully Launched at ThalesA Marketers Tale: How ABM Was Successfully Launched at Thales
A Marketers Tale: How ABM Was Successfully Launched at ThalesDemandbase
 
ABM in a Downturn_ Account Intelligence to Do More with Less (Demandbase).pptx
ABM in a Downturn_ Account Intelligence to Do More with Less (Demandbase).pptxABM in a Downturn_ Account Intelligence to Do More with Less (Demandbase).pptx
ABM in a Downturn_ Account Intelligence to Do More with Less (Demandbase).pptxDemandbase
 
How to Adjust Your GTM Strategy When Things Don’t Go to Plan
How to Adjust Your GTM Strategy When Things Don’t Go to Plan How to Adjust Your GTM Strategy When Things Don’t Go to Plan
How to Adjust Your GTM Strategy When Things Don’t Go to Plan Demandbase
 
Stop spamming and get relevant with Smarter GTM
Stop spamming and get relevant with Smarter GTMStop spamming and get relevant with Smarter GTM
Stop spamming and get relevant with Smarter GTMDemandbase
 
Launch, Measure, and Optimize Next-Level Advertising
Launch, Measure, and Optimize Next-Level AdvertisingLaunch, Measure, and Optimize Next-Level Advertising
Launch, Measure, and Optimize Next-Level AdvertisingDemandbase
 
How to Reach and Influence Key Decision Makers_Final.pdf
How to Reach and Influence Key Decision Makers_Final.pdfHow to Reach and Influence Key Decision Makers_Final.pdf
How to Reach and Influence Key Decision Makers_Final.pdfDemandbase
 
The Magic ABX Potion – Key Elements to Think About When Creating Your ABX Str...
The Magic ABX Potion – Key Elements to Think About When Creating Your ABX Str...The Magic ABX Potion – Key Elements to Think About When Creating Your ABX Str...
The Magic ABX Potion – Key Elements to Think About When Creating Your ABX Str...Demandbase
 

More from Demandbase (20)

DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
 
Winning Target Accounts in a Cookieless Era
Winning Target Accounts in a Cookieless EraWinning Target Accounts in a Cookieless Era
Winning Target Accounts in a Cookieless Era
 
B2B & GTM Trends and Predictions for 2024.pdf
B2B & GTM Trends and Predictions for 2024.pdfB2B & GTM Trends and Predictions for 2024.pdf
B2B & GTM Trends and Predictions for 2024.pdf
 
The Reports Your CMO Wants to See
The Reports Your CMO Wants to SeeThe Reports Your CMO Wants to See
The Reports Your CMO Wants to See
 
Data Champions League: Winning Strategies for B2B Success
Data Champions League: Winning Strategies for B2B SuccessData Champions League: Winning Strategies for B2B Success
Data Champions League: Winning Strategies for B2B Success
 
Demandbase + GTM Partners Analyst Hour - ROI Framework Workshop
Demandbase + GTM Partners Analyst Hour - ROI Framework WorkshopDemandbase + GTM Partners Analyst Hour - ROI Framework Workshop
Demandbase + GTM Partners Analyst Hour - ROI Framework Workshop
 
The Magic ABM Potion: Key Elements to Think About When Creating Your ABM Stra...
The Magic ABM Potion: Key Elements to Think About When Creating Your ABM Stra...The Magic ABM Potion: Key Elements to Think About When Creating Your ABM Stra...
The Magic ABM Potion: Key Elements to Think About When Creating Your ABM Stra...
 
The Reports Your CMO Wants to See (OpsStars)
The Reports Your CMO Wants to See (OpsStars)The Reports Your CMO Wants to See (OpsStars)
The Reports Your CMO Wants to See (OpsStars)
 
Revolutionize Financial Services with AI-driven intent + SFMC Journeys
Revolutionize Financial Services with AI-driven intent + SFMC JourneysRevolutionize Financial Services with AI-driven intent + SFMC Journeys
Revolutionize Financial Services with AI-driven intent + SFMC Journeys
 
Nothing Works Anymore: Why B2B Needs A New Playbook
Nothing Works Anymore: Why B2B Needs A New PlaybookNothing Works Anymore: Why B2B Needs A New Playbook
Nothing Works Anymore: Why B2B Needs A New Playbook
 
Customer Lab: Maximizing Your ROI with Demandbase: A Practical Playbook for M...
Customer Lab: Maximizing Your ROI with Demandbase: A Practical Playbook for M...Customer Lab: Maximizing Your ROI with Demandbase: A Practical Playbook for M...
Customer Lab: Maximizing Your ROI with Demandbase: A Practical Playbook for M...
 
Analytics that Matter: How to Turn Raw Data Into Actionable Insight Through H...
Analytics that Matter: How to Turn Raw Data Into Actionable Insight Through H...Analytics that Matter: How to Turn Raw Data Into Actionable Insight Through H...
Analytics that Matter: How to Turn Raw Data Into Actionable Insight Through H...
 
A Marketers Tale: How ABM Was Successfully Launched at Thales
A Marketers Tale: How ABM Was Successfully Launched at ThalesA Marketers Tale: How ABM Was Successfully Launched at Thales
A Marketers Tale: How ABM Was Successfully Launched at Thales
 
ABM in a Downturn_ Account Intelligence to Do More with Less (Demandbase).pptx
ABM in a Downturn_ Account Intelligence to Do More with Less (Demandbase).pptxABM in a Downturn_ Account Intelligence to Do More with Less (Demandbase).pptx
ABM in a Downturn_ Account Intelligence to Do More with Less (Demandbase).pptx
 
How to Adjust Your GTM Strategy When Things Don’t Go to Plan
How to Adjust Your GTM Strategy When Things Don’t Go to Plan How to Adjust Your GTM Strategy When Things Don’t Go to Plan
How to Adjust Your GTM Strategy When Things Don’t Go to Plan
 
Stop spamming and get relevant with Smarter GTM
Stop spamming and get relevant with Smarter GTMStop spamming and get relevant with Smarter GTM
Stop spamming and get relevant with Smarter GTM
 
Launch, Measure, and Optimize Next-Level Advertising
Launch, Measure, and Optimize Next-Level AdvertisingLaunch, Measure, and Optimize Next-Level Advertising
Launch, Measure, and Optimize Next-Level Advertising
 
How to Reach and Influence Key Decision Makers_Final.pdf
How to Reach and Influence Key Decision Makers_Final.pdfHow to Reach and Influence Key Decision Makers_Final.pdf
How to Reach and Influence Key Decision Makers_Final.pdf
 
The Magic ABX Potion – Key Elements to Think About When Creating Your ABX Str...
The Magic ABX Potion – Key Elements to Think About When Creating Your ABX Str...The Magic ABX Potion – Key Elements to Think About When Creating Your ABX Str...
The Magic ABX Potion – Key Elements to Think About When Creating Your ABX Str...
 

Recently uploaded

Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024Matteo Carbone
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 

Recently uploaded (20)

Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 

Drive Online Engagement While Increasing Web Conversions

  • 1. How Demandbase Applies Real-time Identification to an Account-Based Marketing Strategy $50M $5M Revenue $9B Revenue Current Customer Revenue $32B Business Services Software & Revenue 2900 EmployeesTarget Technology $3B Revenue Account Financial 2600 Transportation $32B Revenue Employees Services & Logistics 36,000 Manufacturing 14,171 Employees 20,400 Employees Employees Driving Online Customer Engagement While Dramatically Improving Web Conversions with Real-Time Identification
  • 2. How Demandbase Applies Real-time Identification to an Account-Based Marketing Strategy Driving Online Customer Engagement While Dramatically Improving Web Conversions with Real-Time Identification Executive Summary Takeaways include: The website is the hub for all customer and prospect activity in the • How to drive sales with a focus on business-to-business (B2B) marketplace. In fact, every single deal marketing to your “sweet spot” • Extending account-based market- that your sales team closes has touched your website at some step of ing and account segmentation the buying process. Still, most B2B companies earn the majority of beyond email and into your their revenue from a very small percentage of their web traffic—most website and content strategy often because only a portion of their traffic is in their “sweet spot.” • Making it all work by combining “Sweet spot” or named accounts share certain select character- your existing content assets, website, CRM, MAS or Live Chat istics with your best customers. By optimizing your website for those • Actionable ways to think big, start sweet spot prospects, you can accelerate revenue and entice more small, and move fast to incremen- of those premium visitors to convert. As a B2B marketer, your team tally improve web conversions of needs to rethink how you can convert more first-time visitors from your highest value prospects. your sweet spot accounts the moment they arrive at your site. If you do, you’ll see a staggering increase in the number of highly profitable leads that rapidly enter the sales cycle and become pipeline. 2
  • 3. Introduction: The Modern Marketer’s Mandate The mandate for today’s B2B marketer is clear—accelerate revenue by cultivating a rich pipeline of sales-ready leads and engaging customers at deeper and more meaningful levels. The days of feel-good brochures are over. You need to scientifically implement a marketing strategy that catches customers and prospects online with engaging and measurable interactions that convert to revenue. Sales quotas are up by The challenge is, since the advent of the internet and the fast 93% in 2012, with only a growth of social platforms, competition for prospect attention has 33% average increase in the become tougher than ever. In an attempt to create as many marketing budgets that support leads as possible, most B2B companies implement a shotgun them. In other words, your team approach, turning websites into content libraries without a card needs to create three times catalog or a librarian—often diluting their message by trying to as many marketing-qualified appeal to as many visitors as possible with generic, one-size-fits- leads as you have money for. all content and offers. You need to do something Today’s B2B buyer is a complex individual, requiring an different—and fast. extremely nuanced and integrated approach across multiple touch Source: CSO Insights points. Their B2C shopping experience has led them to expect person- alized offers and concierge-level information services anytime, anywhere. B2Bs typically don’t have all of the personalization advantages that B2Cs do — such as browsing histories built up over repeat visits, or product-specific search traffic — so their shotgun approach isn’t really surprising. But the irony is, B2Bs continue using shotguns instead of precision rifles in spite of the fact that they know that only a small portion of their traffic even fits their target buyer profile. 5 Critical Elements of a Robust Online Engagement Strategy In order to attract, engage, convert and measure the web visitors of highest-potential value, your digital marketing strategy must include the following five strategies: 1. Clearly define the profile of a qualified lead with your sales team. 2. Engage web visitors with personalized content, targeted offers and live chat by using real-time intelligence to see who is on your site. 3. Optimize your web conversions with shorter, smarter forms on your landing pages. 4. Measure your results to see what’s working and what isn’t. 5. Continually refine your target profiles and marketing campaigns to improve results and drive revenue. 3
  • 4. The New Solution: All Roads Lead to Your Website Many B2B marketers know precisely which strategies and tools they’d For every $92 implement to improve their campaigns and deliver higher quality marketers spend leads, if given additional resources. However, today’s C-Level driving traffic to executives and board of investors remain cautious, so their their websites, they marketing teams are challenged to create better results with fixed spend only $1 to or diminished budgets. That’s why more and more companies are making strategic investments in their website to incrementally optimize them. engage the prospects and customers who matter most at critical Source: Adobe Digital Marketing Blog moments during their purchase lifecycle. In this white paper, we will show how Demandbase has embraced Pareto’s Law (or, the 80-20 principle) to increase online engagement and web conversion of sweet spot accounts. We use an account-based marketing strategy powered by Real-Time Identification to effectively engage and convert more of the visitors that are the most likely to become revenue. We’ll share actionable ways you can market to your “sweet spot”— in other words, the prospects visiting your website who represent the companies that are most likely to become customers. Buyer 2.0 at a Glance Modern B2B buyers require an extremely B2B buyers do their own research and engage nuanced and integrated approach across with their peers online to discuss products multiple touch points. Here’s why: and services LONG before they ever talk to • 92% of C-Level executives ignore cold calls a company representative. And when they and emails. do finally reach out, they expect relevant information exactly when they want it. • 56-80% of the buying cycle happens before the vendor is even invited into the process. This is why your website is so important— • 63% of customers choose helpful vendors because customers visit your website from over cost-effective vendors. anywhere, 24/7. Sources: InsideView, Sales Executive Council, SiriusDecisions, The Annuitas Group 4
  • 5. Target Locked: How Demandbase Engages its Ideal Customer Profile with Real-Time ID When you hear the term “named account marketing,” outbound marketing likely comes to mind — in other words, proactively reaching out to the accounts tagged by sales as desirable. Of course, such named account strategies In an environment of limited are more challenging to execute when one of these accounts visits your marketing resources, where website in response to a search or content-based inbound marketing the buyer has seemingly campaign. In that scenario, such prospects are harder to identify. unlimited options, the only way So how do you achieve an effective balance? For Demandbase, the to continually drive results is answer was optimizing our website to treat those named accounts to focus time and money on the prospects most likely to as if we were expecting them. Upon their arrival to our site, we push become revenue. relevant, personalized offers based on their company profile. This is where outbound and inbound leads intersect. If you can focus your paid, outbound campaigns against a specific target profile and filter your inbound leads to get the Top Benefits of a same profile, you’ll get a significantly higher return Real-Time ID Website on your marketing dollars. It’s analogous to finding needles in the haystack. Here’s what you can expect to see if you incorporate account identity as a web element: • Higher lead conversions among named YOUR accounts Website • Improved lead capture and lead scoring • Increase qualified lead generation Outbound Inbound • More new business closed Marketing Marketing Strategies Strategies • Expanded presence in existing Advertising SEM customer accounts Paid media SEO • Increased pipeline forecast accuracy Direct mail Social List buying Blogs • More accurate outbound marketing PR campaigns with strategically selected Email marketing accounts for remarketing and retargeting Telemarketing Content marketing Trade shows Viral marketing • Aligned sales and marketing results 5
  • 6. Here are the six steps Demandbase takes to focus our time and money where it has the most pay-off, plus advice for how you can put the same strategies to action. STEP #1 Define your “sweet spot” target profiles $50M $5M Revenue $9B Revenue Current Customer Revenue $32B Business Services Software & As discussed, B2B companies Revenue 2900 EmployeesTarget Technology $3B Revenue Account recognize they’re most likely to sell to Financial 2600 Transportation $32B Revenue Employees Services & Logistics companies who fit the profile of their 36,000 Manufacturing 14,171 current customer base. To continually Employees 20,400 Employees Employees improve quality lead generation, it’s critical to identify the distinguishing characteristics of these customers, especially because they aren’t always an enterprise’s biggest customers with the most impressive logos. To determine Demandbase’s profile of prospects most likely to become revenue, our marketing team: • Executed a closed-won analysis of deals from the past 12 months. • Sat down with sales to discuss the top attributes of our highest value customers. • Collectively defined the predictive attributes of our target buyer profile, including industry, size and common technologies utilized by our customers. Demandbase sells to a more sophisticated marketer—in other words, a marketing team that would likely be categorized as a “top performer” in analyst surveys. Additionally, the technologies that these companies use are critical indicators of their likelihood to buy from us. For example, if an organization uses SiteCatalyst instead of Google Analytics, they have made a commitment of time and resources towards the active analysis of their Web traffic that is likely more advanced than those companies that are using free tools. This does not mean we can’t help companies using Google Analytics—as a matter of fact, Demandbase uses GA. It simply means that the usage of certain marketing tools are likely indicators of marketing sophistication. Companies that already use marketing automation software are another sweet spot for us, specifically those who use Eloqua. It’s not that we don’t have very successful customers using other tools like Aprimo, Marketo or others. We do! But at the time of the analysis, Eloqua users were converting and buying our solutions faster and more consistently than other types of companies in our deal pipeline. 6
  • 7. The B2B Buying Landscape Everyone gets excited about a billion-dollar prospect company, and understandably so. But do you know how few of them there actually are? It all goes back to knowing what a really good 4.5 Total number of companies lead looks like for your company. million in the United States The fact is, the Fortune 377,000 Total number of US companies If your target 500 tends to expect that earn over $10 million in profile falls within higher service, annual revenue that top 3,100—or deeper discounts even the top 28,000— and can be less how sure do you want 28,000 Total number of US companies cooperative than to be that you catch that earn over $100 million in and convert them small or medium- annual revenue when they visit size business. On your site? the other hand, SMBs 3,100 Total number of US companies can be easier accounts that earn over $1B in annual revenue to maintain but may not be as profitable. Either way, you want to be certain Source: Demandbase Business Resolution Platform that you’re targeting and converting the companies that really matter to YOU. Find a Baseline Demandbase used Google Analytics to acquire a baseline for the conversion rates of their existing offers before applying account-based targeting to their online offers. Any Landing Page 4,584 4,584 4,272 312 Thank You Page 6.81% Conversion Rate 7
  • 8. Take Action To gain granular insight into what primes your target profiles to interact with your website at increasing levels of engagement, both your sales and marketing departments should sit down and ask: • Who do we sell to? What characteristics • What offers convert best? You can incremen- distinguish them? Consider industry, annual tally optimize your content when you know revenue, size of the workforce, and key what’s worked best in the past for individual technologies used. target segments. • Who are our highest-value customers • What technologies do they have in their stack? right now? Contextualize your answers in Depending on the solution you sell, this list terms of revenue—but also referrals, brand may comprise marketing technology, sales or advocacy, availability for customer testimonials IT technology, or something else. The CRM, and panels, time to go live, support costs, ERP, marketing, finance or human resources pricing requirements, and so on. technologies that a company has already • What targeting campaigns worked best to invested in could be a key indicator to whether convert them? In other words, drill into where they are ready to purchase your products you sourced your best leads. or services. Don’t Make Perfect the Enemy of Good Though Demandbase focused on Eloqua customers, we lacked an Eloqua customer list. Instead, we listed and tagged companies using Eloqua through a variety of methods over time, including simple salesperson updates in our CRM tool based on: • Conversations with prospects • Word on the street • Trade shows • Combing press releases • Viewing customer areas While it’s tempting to make a mountain out of a molehill when creating target lists, it doesn’t have to be a massive project. Remember, the goal is to place shorter forms and targeted offers in front of prospects that are most likely to generate revenue as quickly as possible – not to create a perfect target list. 8
  • 9. STEP #2 Nail the landing with simpler landing page forms– without sacrificing critical information Even though much of conversion optimization begins and ends with the landing page, industry averages for a simple offer-to-completion path hover between three and five percent. Furthermore, few companies know—or perhaps are brave enough to look at—how many of their sweet spot accounts convert from their home page to an offer page. To earn access to web visitors’ personal information, B2B marketing teams must offer incredibly relevant content that creates the perception of rich value. Unfortunately, even when they offer highly customized and relevant content, most B2B websites still suffer from extremely low entering our sales cycle or electing to receive conversion rates. Often, their landing pages are nurture emails. to blame. To make this decision as simple as possible, All marketers know landing page conversion we have reduced friction by limiting our required increases as the number of form fields decreases. form fields to the bare essentials: name, title, email However, most B2B landing pages continue to and company name. We request a phone number require 12 to 14 fields because they need all only if the prospect wants to be contacted in of that information to provide qualified leads. person. Any other relevant, important informa- Salespeople only call leads who they can easily see tion is captured in hidden form fields, and our are in their sweet spot. Real-Time Identification service automatically fills At Demandbase, we call our landing pages the in those fields for us. “moment of truth.” They represent the moment To see what we mean, check out Figures 1 and 2 on when prospects decide whether to invite us into the next page. The impact on lead management and their lives for the next 6-12 months, either by scoring is immediate. 9
  • 10. Figure 1: Short Forms Outperform Long Forms* First Name* First Name* First Name* Last Name* Last Name* Last Name* Work Email* Work Email* Work Email* Job Function* Choose One... Company* Work Phone* Company* Job Function* Select... Company* # Employees* Select... Job Function* Select... Industry* Advertising & Media # Employees* Select... Short Form (5 fields) CRM System* Select... Conversion Rate: 13.4% Industry* Advertising & Media Cost per: $31.24 Medium Form (7 fields) Conversion Rate: 12.0% Cost per: $34.94 Long Form (9 fields) *The Marketo study on the impact of form length Conversion Rate: 10.0% on conversion rates and cost per lead. Cost per: $41.90 Read it here. Figure 2: Anatomy of a Web Form The five fields a B2B company should always include in their web forms to optimize for conversion. Account-based details can be automatically added by Demandbase in real-time, eliminating the need to ask for them in your forms. 5 recommended form Use “Job Title” for First Name Brett fields. Only use fields better results in that are necessary Last Name Hansen to accelerate leads scoring. Job Title CTO conversion. Business Email Bretth@averydennison.com Company Aver Company autocomplete Avery Dennison Corp. (PASADENA, CA) is convenient for the Label this field prospect, but also Avery-Hammer Ins. (FRESNO, CA) “Business Email” to improves accuracy Avery Weigh-Tronix (FAIRMONT, MN) increase accuracy. and supports data Avery Oil & Propane (DIMONDALE, MI) standardization for Avery Health Care System (LINVILLE, NC) lead management Register and scoring. Hidden Fields: Capture key profile data behind the Revenue Range Over $5 Billion Match your CTA button scenes in real time Industry Manufacturing to the action of your for lead scoring and Employees 35,700 user to increase routing without conversion, such as sacrificing volume. Address 150 North Orange Grove Blvd “Register” or City Pasadena “Download” instead State CA of “Submit.” Zip 91103 Phone number (626) 304-2000 Audience Enterprise And more... 10
  • 11. STEP #3 Optimize outbound marketing campaigns with inbound lead information + robust analytics Now it’s time to discover if our strategies and tactics are effective. Are our top priority prospects visiting Demandbase.com, and if so, which offers are converting the most effectively? The answers to these questions will determine how we tweak our campaigns to incrementally deliver better results going forward. At the moment, Demandbase uses Google Analytics, though we’ll likely switch to something more robust in the near future. Here are the five attributes we measure: Demandbase information can be applied to any • Industry web analytics platform, enabling account-based • Revenue range insight into the behavior of your web traffic. • Audience classification • Company name converted. Knowing specific company names is • Account status highly critical when deciding how to spend money on (Note: We aren’t allowed to measure any more, as Google Analytics sets a limit of five custom variables the same campaign going forward. This knowledge in its free product.) also helps us circle back and reexamine the Every month, we drill into which companies answers to these important questions: responded to each individual offer and campaign, • What’s the profile of people who are engaging regardless of where they engaged or how they with us? • Which offers convert the best? TOP 5 SWEET SPOT • Are those companies becoming pipeline? MARKETING METRICS: But perhaps the most important question 1. Overall visits by industry and company size is, “What are we going to do to improve these 2. Conversion rates by industry and company size results?” Since we know the identity of our pros- 3. Source of traffic by industry and company size pects, we can easily find ways to upgrade our con- 4. Named account behavior tent and improve our offers. We measure success not by how many companies we engage, but how 5. Engagement and conversion of companies in your Sweet Spot well we engage the right companies. 11
  • 12. STEP #4 Create a zero-click website to engage named accounts the instant they arrive with customized offers. Today’s customer responds to highly personalized offers. Consider iTunes’ Genius recommendations or the section on Amazon that shares what customers with similar buying patterns recently purchased. B2B websites must adapt to instantly provide the same rich user experience to which buyers are becoming accustomed in order to convert and eventually close new business. With our Real-Time Identification service, we receive the business profile data—company name, location, size, revenue, and so on—of our website visitors the second they arrive. Site visitors are no longer anonymous page visits but are instead identified by company or audience segment. We customize every interaction to provide the most relevant information at every stage of engagement. We offer new visitors information we think might stimulate conversion, and we greet existing customers with knowledgeable engagement that correlates to their known needs. To customize our offers to Demandbase’s target buyer profile, we conducted a data analysis of the accounts we had closed in the past 12 months. Then, we constructed offers based on the characteristics they shared, organizing them in a targeting grid that summarized which offers should be sent and what content should be featured for each account profile. For example, our website greets every company we have identified as an Eloqua customer with an offer that specifically mentions that tool. Customers of other marketing automation systems are shown similar offers referencing their technology. The secret is, our strategies that generate the highest return often aren’t very sophisticated. In fact, customization can simply mean changing the white paper or case study that’s featured as the offer on a page, or inserting a named account’s company name in the page’s copy. We frequently write several different targeted abstracts for the same white paper based on who we anticipate the visiting account might be. 12
  • 13. A little bit of personalization can significantly increase engagement Use Technology that Integrates For example, simply by tweaking their website into What You Already Use strategy, Demandbase customer ArcSight saw: The reality is, resource limitations often dictate • 2X increase in clickthroughs that all new tools must work in tandem with • 3X increase in conversions the technologies you already have in place to • 14X return on investment both simplify ease of use as well as improve When healthcare prospects visited their site, they output. Conversely, it is also important to select showed a Boston Medical Center case study. When technologies that integrate with any other tools financial services companies arrived, their site you might consider, as it is hard to gain a featured a banking case study. Those who clicked return on investment if your technology tools through an offer encountered a landing page with a don’t work together. much shorter, smarter web form. No images were involved. No graphic designers were needed. That’s the power of personalization. Finally, no competitive strategy overlooks how Sometimes, B2B marketers make the costly to handle competitors. Demandbase asks, is there mistake of forgetting to any information we don’t want our competitors to personalize offers and see? What about content that we absolutely do? In formalize content the near future, we plan to follow in the footsteps of On average, you have eight a customer, Akamai, and re-direct our competitors sequencing seconds to engage someone on to our careers web page. for existing your website, so it’s critical to accounts. know exactly who is there the Statistically, it’s moment that prospect arrives— and then engage named much easier— accounts with custom offers. and cheaper—to Source: sell to current Squidoo SEO Best Practices customers than to create new ones. In our case, we frequently begin working with companies to optimize their website’s landing pages and forms. It’s a simple process and shows rapid ROI. At that point, these customers are often ready for the next step, so our website targets them with messages about our analytics package—a popular next step. 13
  • 14. STEP #5 Connect with your named or engaged accounts with live chat Most consumers are familiar with the concept of comes to distinguishing customers from potential live chat. While B2Cs have effectively used chat to prospects. We are immediately able to identify the augment sales for a while, the primary B2Bs use product they are using and the customer success case is typically as a support tool. Our account development Live Chat Visitor Scenarios team uses live chat from Use Case: Sales Enablement/Lead Generation LivePerson as an intelligence and Prime Prospect Sales Rep: Welcome! lead generation tool to engage How can I help you today? IF Industry = Software/Technology our highest priority prospects AND Revenue = > $500M THEN push proactive chat SEND when they’re on our site. with Sales Rep Thanks to our Real-Time Cross Sell / Up Sell Account Manager: Hello! Would Identification capabilities, the you like to learn how our Services IF Existing Customer = True Package compliments the HR Demandbase account develop- AND Product Data Set = A Package you bought last quarter? THEN push proactive chat with ment team receives immediate Sales Rep for Cross Sell/Upsell SEND insight into the identity and account status of our web traffic, Use Case: Premium Support as well as their content path Support Support Rep: Hello! I’m Joe, through Demandbase.com. They your Customer Success Manager. IF Existing Customer = True How can I help you today? AND Support Level = Platinum can decide to proactively engage THEN push proactive chat SEND with Support Rep these prospects with LivePerson chat. Even if our web visitors decline the invitation to commu- nicate, we acquire valuable real-time information representative that is associated with the account.” about which companies are actively responding to Providing this kind of immediate, concierge- our campaigns or teleprospecting efforts. level service is especially important in the context Our account development team uses chat of today’s SaaS business model, when customers to instantly support current accounts and help can switch providers at little to no cost. Meanwhile, them derive the most value from our products because our customers are happy, they’re not only and services. As one Demandbase rep said, “Our more likely to renew their contracts, but to expand LivePerson plugin is particularly effective when it their accounts. 14
  • 15. STEP #6 The Demandbase Cheat Sheet Retarget + remarket to for Thinking Big, Starting non-converting accounts Small and Moving Quickly Our final step is to focus our remarketing efforts on the named account companies who engaged 1. Attract with our content but didn’t convert. We also give • Continually refine the list of companies these names to our account development team that fit your profile. for nurturing and further qualification. Though • Analyze traffic to discover the sources we’ve succeeded in engaging these target buyers driving “sweet spot” accounts. somewhat, we still need to earn the right to be • Plan around driving the right accounts to invited into their research process, so we can help your website. Then, re-market to the ones that didn’t convert. lay the groundwork for whatever requirements may eventually drive their purchase decision. 2. Engage Something important to note: Avoiding a “one- • Produce more high quality content with size-fits-all website” means that you will need to a focus on what converts your named accept the fact that you might not convert as many accounts. leads. However, you will convert more of leads that • Segment and personalize messaging by are actually likely to become revenue. account for new visitors, and by buyer By definition, segmentation means leaving persona during lead nurturing. someone out. It lacks a set formula. If you focus • Use A/B and MV UX testing strictly on best practices, your results will be 3. Convert average at best. Instead, look to test, re-test and • Optimize offers by account segment in ways that are specific to your company. • Focus on the Sales Accepted Lead profile Constantly monitor the types of companies that • Send unconverted accounts to Account become customers and the characteristics Development Team they share. 4. Measure • Learn more about who is doing what on your site • Consider strategic investments in new analytics tools. Is it time for SiteCatalyst? • Implement attribution modeling. What is driving the right accounts? And what is making them convert? 15
  • 16. By applying Demandbase Real-Time Identification to an account-based marketing strategy, the impact on conversions in the Demandbase “Sweet Spot” segments was significant. Eloqua All Offers Customer Offer 6.81% 50% Baseline for Proceeded to all web offers Eloqua Targets SiteCatalyst Other Marketing Offer Automation Offer 100% 30.77% Proceeded to Proceeded to MAS SiteCatalyst Targets (Non-Eloqua) Targets Conclusion: Think Big, But Start Small with a Focus on the Sweet Spot Contrary to conventional wisdom, more is not better when it comes to your website. In fact, a generic approach jeopardizes your chances of converting the prospects that really matter. The secret is to optimize your website for buyers within your sweet spot with personalized offers, live chat, shorter forms and robust analytics—all enhanced with Real-Time Identification. But not all at once! Choose one thing to improve, and work on it. Then, pick another. You don’t have to implement all of these strategies to start seeing results. Begin with what is within your grasp right now. Based upon our experience, we recommend first shortening your forms or exploring an analytics plugin option. Content personalization or chat can come later. Incremental changes in any one of these individual areas will have an immediately, long-term impact— so think big, start small and move quickly. 16
  • 17. Demandbase is the first real-time targeting and personalization platform for B2B, transforming the effectiveness of marketing programs and Market- ing’s ability to impact revenue. While personaliza- tion tools have long existed for B2C, until now, none were geared specifically to enable B2B marketers to make online interactions more effective, delivering the right message at the right time. Without the use of cookies, Demandbase’s Real-time Identification service bridges the gap between known and anonymous web visitors by identifying and segmenting the companies visiting a website, and providing detailed, targetable business attributes in real-time. Demandbase integrates with other sales and marketing tech­ nologies to deliver unique intelligence about web visitors, and better attract, convert and retain the right customers. Enterprise leaders and high- growth companies alike use Demandbase to drive better marketing performance. Founded in 2006 and used by more than 1,000 companies, Demandbase is headquartered in San Francisco, California and funded by Adobe Systems (NASDAQ: ADBE), Altos Ventures, Sigma Partners, and Sutter Hill Ventures. 17
  • 18. San Francisco Headquarters Demandbase, Inc. Facebook facebook.com/DemandbaseMarketing 301 Howard Street, Suite 1800 Twitter twitter.com/demandbase San Francisco,CA 94105 YouTube youtube.com/demandbasemarketing info@demandbase.com Blog demandblog.demandbase.com/ 415.683.2660 Demandbase Support 415.683.2660 support@demandbase.com © 2012 Demandbase, Inc. All rights reserved.