As an analyst in the account-based marketing service at SiriusDecisions, I recently had the opportunity to participate in a one-day workshop with a late-stage SaaS startup. The company had an opportunity to complement their broader demand creation strategy with a focused ABM model for a select group of accounts. This client had decided to focus on an ABM pilot with six strategic accounts that would test the effectiveness of an ABM approach, discover what elements of ABM marketing are already in place, and determine where the company faces gaps.
The workshop brought together over 30 people company-wide, including:
The workshop began with a morning presentation designed to create a foundation for the team working on the ABM pilot. The majority of the workshop consisted of concrete, hands-on planning exercises with six actual pilot teams (four to six people per team). Each team moved through a series of account planning steps: goal setting, audience identification, insight identification, resource inventory and activity planning. Finally, each team reported on the plans they had created and solicited feedback from the rest of the room.
There were several reasons why sales and marketing working together in one room for a full day was so powerful:
Both the CMO and CRO attended and actively participated in this workshop, which was a real testament to the company’s commitment to adopting an account-based marketing approach. However, this one-day workshop was only one step in this client’s journey. As a subscriber to the SiriusDecisions ABM service, this client will continue to access research, tools and inquiry services that can help the pilot get off the ground quickly and effectively, and keep the pilot on track over time.
Are you considering an account-based marketing approach and want to learn what ABM is all about? View our webcast “Account-Based Marketing: What It Takes to Get Started.”