secret sauce for outbound marketing and account based everything

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THE SECRET SAUCE FOR OUTBOUND MARKETING Jon Miller CEO, Engagio

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Page 1: Secret Sauce for Outbound Marketing and Account Based Everything

THE SECRET SAUCE FOR OUTBOUND MARKETING

Jon MillerCEO, Engagio

Page 2: Secret Sauce for Outbound Marketing and Account Based Everything

Page 2 #MKTGNATION

Agenda

How to Do Outbound

Do ItAccount Based

When Inbound Isn’t Enough

Page 3: Secret Sauce for Outbound Marketing and Account Based Everything

WHEN INBOUND ISN’T ENOUGH

Page 4: Secret Sauce for Outbound Marketing and Account Based Everything

Page 4 #MKTGNATION

Remember this?

Page 5: Secret Sauce for Outbound Marketing and Account Based Everything

What if you are here?

Inbound

Page 6: Secret Sauce for Outbound Marketing and Account Based Everything

Page 6 #MKTGNATION

“Relying solely on inbound marketing is like hanging out with the same kids from high school your whole life.”

– Jason Miller

Page 7: Secret Sauce for Outbound Marketing and Account Based Everything

Inbound

Outbound

What if you are here?

• Quick wins• No waste• Easier to double• Bigger deals

Page 8: Secret Sauce for Outbound Marketing and Account Based Everything

Inbound Outbound

Page 9: Secret Sauce for Outbound Marketing and Account Based Everything

Page 9 #MKTGNATION

Be ALLbound

Page 10: Secret Sauce for Outbound Marketing and Account Based Everything

NOT YOUR FATHER’S OUTBOUND

Page 11: Secret Sauce for Outbound Marketing and Account Based Everything

Page 11 #MKTGNATION

With #Outbound you need to knock on people’s doors.

– @jonmiller

Page 12: Secret Sauce for Outbound Marketing and Account Based Everything
Page 13: Secret Sauce for Outbound Marketing and Account Based Everything

• Spam – guessing emails• Vague, irrelevant messaging• Attempt at "personalization" with totally wrong data

[bold]• Focused on their needs rather than value to the

customer• Typos

Page 14: Secret Sauce for Outbound Marketing and Account Based Everything

Page 14 #MKTGNATION

Opt out, tune out, toss out

Page 15: Secret Sauce for Outbound Marketing and Account Based Everything

Page 15 #MKTGNATION

“Template emails are roulette wheels. If you only get 100 rolls of the roulette wheel, then you need to increase your odds.”

– Craig Rosenberg

Page 16: Secret Sauce for Outbound Marketing and Account Based Everything

Page 16 #MKTGNATION

Outbound Does Not Mean Interruption

Apply the best concepts from demand generation to outbound:

• Content driven• Helpful and valuable• Focused on the buyer,

not your company• Personalized and

relevant• Human

Page 17: Secret Sauce for Outbound Marketing and Account Based Everything

Page 17 #MKTGNATION

Three most important factors in enterprise decision:

• Knowledge and understanding of my unique business issues

• Knowledge and understanding of my industry

• Fresh ideas to advance my business

ITSMA

“75% of executives will read unsolicited marketing materials that contain ideas that might be relevant to their business.”75%

25%

Yes

No

Page 18: Secret Sauce for Outbound Marketing and Account Based Everything

Page 18 #MKTGNATION

Challenger Sale

Offers unique perspectiveTwo-way communication skills

Knows customer value driversCan ID economic drivers

Comfortable discussing moneyCan pressure the customer

Asserts Control

Tailors

Teaches

Page 19: Secret Sauce for Outbound Marketing and Account Based Everything

Summary

Old OutboundBuy lists of leads

Cold callQuantity and volume

Success = Reps with Rolodexes

New OutboundAccount-based

Understand and teachQuality and buyer-centric

Success = Data and process

Page 20: Secret Sauce for Outbound Marketing and Account Based Everything

DO IT ACCOUNT BASED

Page 21: Secret Sauce for Outbound Marketing and Account Based Everything

Salespeople never talk about how many leads they’ve closed.

They talk about how many accounts they’ve closed.

Page 22: Secret Sauce for Outbound Marketing and Account Based Everything

ABM Is the Hottest Thing in B2B Marketing

Google Trends for Account Based Marketing

Engagio founded

Page 23: Secret Sauce for Outbound Marketing and Account Based Everything

Page 23 #MKTGNATION

Account BasedMarketing

Account BasedSales Development

Account BasedSales

Page 24: Secret Sauce for Outbound Marketing and Account Based Everything

Hello, Account Based Everything

Engagio Orchestration

Platform

Account BasedMarketing

Account BasedSales Development

Account BasedSales

Account BasedCustomer Success

Page 25: Secret Sauce for Outbound Marketing and Account Based Everything

Account Based EverythingA strategic GTM approach thatorchestrates personalizedmarketing, sales, and successefforts to land and expandat named accounts.

Page 26: Secret Sauce for Outbound Marketing and Account Based Everything

ABE targets specific (usually large) accounts

Account Based EverythingA strategic GTM approach thatorchestrates personalizedmarketing, sales, and successefforts to land and expandat named accounts.

Page 27: Secret Sauce for Outbound Marketing and Account Based Everything

a way of doing business, not a campaign or tacticalways on for the account until removed

Account Based EverythingA strategic GTM approach thatorchestrates personalizedmarketing, sales, and successefforts to land and expandat named accounts.

Page 28: Secret Sauce for Outbound Marketing and Account Based Everything

treat each account individuallyfocus = more insights = more relevance

Account Based EverythingA strategic GTM approach thatorchestrates personalizedmarketing, sales, and successefforts to land and expandat named accounts.

Page 29: Secret Sauce for Outbound Marketing and Account Based Everything

it’s a bowtie, not a funnel

Account Based EverythingA strategic GTM approach thatorchestrates personalizedmarketing, sales, and successefforts to land and expandat named accounts.

Page 30: Secret Sauce for Outbound Marketing and Account Based Everything

coordinates experiences across departments and channels

Account Based EverythingA strategic GTM approach thatorchestrates personalizedmarketing, sales, and successefforts to land and expandat named accounts.

Page 31: Secret Sauce for Outbound Marketing and Account Based Everything

HOW TO DOOUTBOUND

Page 32: Secret Sauce for Outbound Marketing and Account Based Everything

Page 32 #MKTGNATION

What do we want to say?(offers)

Who should we say it to?(segments)

Who are we trying to reach?(accounts)

What should we say?(content)

Where should we say it?(channels)

Where should we say it? (channels)

DEM

AND

GEN

ABE

Page 33: Secret Sauce for Outbound Marketing and Account Based Everything

ACCOUNTS

CONTACTS

INSIGHTS

CONTENTINTERACTIONS

ORCHESTRATION

MEASUREMENT

Seven ABEProcesses

WHO

WHAT

WHERE

Page 34: Secret Sauce for Outbound Marketing and Account Based Everything

ACCOUNTS

CONTACTS

INSIGHTS

CONTENTINTERACTIONS

ORCHESTRATION

MEASUREMENT

Seven ABEProcesses

WHO

Page 35: Secret Sauce for Outbound Marketing and Account Based Everything

Tier # of Accounts Insights Tactics

“Classic”Tier 1

5 to 50[Tens]

Full profiles Quarterly updates • Bespoke 1:1 Campaigns

“Lite”Tier 2

~200[Hundreds]

Basic account profiles Annual updates • 1:Few Campaigns

“Hybrid”Tier 3

1000s[Thousands] Industry or segment

• Traditional Marketing with Account Targeting

• One OSDR: up to 500 accounts• MQAs

Page 36: Secret Sauce for Outbound Marketing and Account Based Everything

Page 36 #MKTGNATION

Level 1: Reps Self-Select

Level 2: Basic Data

Level 3: Advanced

Level 4: Predictive Analytics Sophisticated predictive scoring and modeling

Advanced ICP data (technographics, intent, engagement)

Simple definition of Ideal Company Profile (ICP)

Based on intuition and experience

Page 37: Secret Sauce for Outbound Marketing and Account Based Everything

Page 37 #MKTGNATION

Manual

Build and Maintain Your Database With the Right Contacts for Each Persona

Purchase Predictive

Representative companies; not exhaustive

Page 38: Secret Sauce for Outbound Marketing and Account Based Everything

ACCOUNTS

CONTACTS

INSIGHTS

CONTENTINTERACTIONS

ORCHESTRATION

MEASUREMENT

Seven ABEProcesses

WHAT

Page 39: Secret Sauce for Outbound Marketing and Account Based Everything

Page 39 #MKTGNATION

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”

– Abraham Lincoln

Page 40: Secret Sauce for Outbound Marketing and Account Based Everything

•Market•Company•People•Relationships•History•Connections•Door Openers

Page 41: Secret Sauce for Outbound Marketing and Account Based Everything

ACCOUNTS

CONTACTS

INSIGHTS

CONTENTINTERACTIONS

ORCHESTRATION

MEASUREMENT

Seven ABEProcesses

WHERE

Page 42: Secret Sauce for Outbound Marketing and Account Based Everything

Page 42 #MKTGNATION

Channels for Outbound Account Based Everything

Marketing• Events• Direct mail• Online advertising• Web personalization

Page 43: Secret Sauce for Outbound Marketing and Account Based Everything

Tip: executive invites come from someone with an equal or higher title

Events Are a Big Part of ABM

• Owned events• Meetings at 3rd party

events

Page 44: Secret Sauce for Outbound Marketing and Account Based Everything

Page 44 #MKTGNATION

Direct Mail Offers sent by mail are perceived as 24% more valuable than offers viewed only on a screen. And mail boosted ROI by 20% when used as part of an integrated campaign.

U.K. Royal Mail, February 2015

Page 45: Secret Sauce for Outbound Marketing and Account Based Everything

Page 45 #MKTGNATION

DisplayAdvertising

• IP-Based• Proactive Retargeting• LinkedIn• Facebook• … more

Example: Custom Content + Facebook

Page 46: Secret Sauce for Outbound Marketing and Account Based Everything

Page 46 #MKTGNATION

Channels for Outbound Account Based Everything

Marketing• Events• Direct mail• Online advertising• Web personalization

Sales / Sales Development• Human Email• Phone• Social

Page 47: Secret Sauce for Outbound Marketing and Account Based Everything

Account Based Sales Development• Multi-channel

• Multi-step

• Multi-threaded

• Research oriented

• Human

Cloudera (TOPO)60% open rate, 31% response rate, and massive increases in both net-new opportunities and add-on business from current customers

Page 48: Secret Sauce for Outbound Marketing and Account Based Everything

Page 48 #MKTGNATION

Multi-Threading

Any one person can say no

Two “no” rule

Page 49: Secret Sauce for Outbound Marketing and Account Based Everything

Page 49 #MKTGNATION

Lead to Account Matching

LeadsAccount

Fuzzy logic matchBetter routingAccount-level visibilityImplication: MQAs not MQLs

Page 50: Secret Sauce for Outbound Marketing and Account Based Everything

Touch Day Step(s) Description

0 Pre Research Find out 3 pieces of relevant information

1 Pre ABM Ads Build awareness with targeted ads

2 Pre Dimensional Mail Package / postcards to decision maker + influencers

3 1 Triple Touch Human email + voicemail + social (InMail)

4,5 1 Double Touch Human email + voicemail

6,7 3 Double Touch Human email + voicemail

8,9 7 Double Touch Human email + voicemail

10,11 13 Last Chance Last chance email + voicemail

Ongoing Ongoing Human Nurture Share relevant insights ever 3-4 weeks

Multi-step and Multi-Channel

TOPO

Page 51: Secret Sauce for Outbound Marketing and Account Based Everything

Page 51 #MKTGNATION

Qualification

BANT• Budget• Authority• Need• Timing

AN

• Authority• Need

There’s a project in the next six months (Opportunity)

A Meeting with the right person at the right company

Page 52: Secret Sauce for Outbound Marketing and Account Based Everything

ACCOUNTS

CONTACTS

INSIGHTS

CONTENTINTERACTIONS

ORCHESTRATION

MEASUREMENT

Seven ABEProcesses

Page 53: Secret Sauce for Outbound Marketing and Account Based Everything

• Account-centric metrics• Quality, not quantity• Long development

cycles• Influence

Page 54: Secret Sauce for Outbound Marketing and Account Based Everything

Page 54 #MKTGNATION

Don’t count the people you reach;

reach the people that count.

– David Ogilvy

Page 55: Secret Sauce for Outbound Marketing and Account Based Everything

Page 55 #MKTGNATION

Impact: Are ABM activities improving key sales outcomes?

Do you have sufficient data, contacts, and account plans for each target account?

Coverage:

Are the target accounts aware of your company?Awareness:

Are marketing programs reaching target accounts?Reach:

Are the right people at the account spending time with your company? Is that engagement going up over time?Engagement:

Page 56: Secret Sauce for Outbound Marketing and Account Based Everything

Page 56 #MKTGNATION

Impact: Are ABM activities improving key sales outcomes?

Do you have sufficient data, contacts, and account plans for each target account?

Coverage:

Are the target accounts aware of your company?Awareness:

Are marketing programs reaching target accounts?Reach:

Are the right people at the account spending time with your company? Is that engagement going up over time?Engagement:

Page 57: Secret Sauce for Outbound Marketing and Account Based Everything

ABE MARKET MAP

Page 58: Secret Sauce for Outbound Marketing and Account Based Everything

Selection

Identify and prioritize target accounts, align on resources by Tier 1, 2, and 3

Contacts

Discover contacts and map to your accounts, ensure

quality data

Insights

Understand what is relevant and resonant at

accounts (triggers, priorities, etc.)

Interactions

Manage 1:1 account-based interactions in channel – events, outbound, digital (ads, web)

Orchestration

Synchronize interactions into

coordinated plays that align to account plans

and goals

Infrastructure

Map leads to accounts, identify hot accounts (MQAs), show impact

of ABM efforts

Content

Create account-specific content and

messaging that reflects insights

Ads

Hum

an E

mai

lEv

ents

Dire

ct

Com

plem

enta

ry

Web

Pred

ictiv

e

May2016

Oct 2015

EOY 2016

Attr

ibut

ion

Ana

lytic

s

Dia

ling

Page 59: Secret Sauce for Outbound Marketing and Account Based Everything

Page 59 #MKTGNATION

engagio.com/Guide

Get your free copy today!

The Clear and Complete Guide to Account Based

Marketing

Page 60: Secret Sauce for Outbound Marketing and Account Based Everything

Page 60 #MKTGNATION

Tweetable Takeaways• Outbound can be easier to scale and drive larger deals than inbound

• Outbound does not necessarily mean interruption; use account-specific content to reach out

• Account Based Everything is a strategy that orchestrates personalized marketing, sales, and success efforts at named accounts

• Human email is by far the most important channel for account based everything

• Don’t measure measure account-based everything with quantity; measure via coverage, awareness, engagement, reach & impact

@jonmiller

Page 61: Secret Sauce for Outbound Marketing and Account Based Everything

Thank You!