In today’s digital era with the advent of modern engagement technologies, we are now at a stage where account-based marketing (ABM) and personalization have become practical and scalable like never before. With automation and cloud and artificial intelligence (AI) tools working in tandem, even a small company can run a comprehensive ABM operation serving the largest possible clients. But it wasn’t always this way.
Back in 2006 I began my Marketing Automation adventure as an Eloqua customer. Then in 2007, my company switched to Marketo and I became a proud member of the champion community. I believed in the vision and product so much that I decided to join the company in 2011. It was an exciting time indeed, we were in the midst of creating a new software category and our whole mantra was to enable our customers and prospects to effectively build a large top-of-funnel demand gen machine. Ah yes, the good ‘ole days of marketing.
Fast forward 9 years or so, I’m now leading Marketing at Folloze, and the proverbial “pendulum” has practically swung back in the other direction. The techniques of continuously flooding prospects with generic content or calls no longer works today. Buyers have become fatigued by all the marketing noise and therefore tune out. They are much less willing to engage, thereby diminishing the effectiveness of campaigns and an organizations’ ability to convert leads into sales opportunities. At the same time, B2C platforms such as Netflix and Amazon have led buyers to value and expect hyper-personalized and curated experiences in all their interactions, including B2B.
So, what is a modern B2B marketer to do?
According to Gartner, “Organizations that have fully invested in all types of online personalization will outsell companies that have not by more than 30%.” While it’s no secret that light-weight web personalization tools for ad retargeting and merge fields for email introductions have been effective – today, those are merely marketing table stakes. In order to remain competitive in the disruptive markets of 2019 and beyond, organizations need to think bigger. They need to think hyper-personalization – at scale.
By leveraging the growing amount of historical and firmographic data that we have about our prospects, organizations can customize and elevate any marketing motion, across any channel regardless of inbound vs. outbound. It leads to higher engagement across your entire account lifecycle from top funnel to opportunity development, closure and post-sale, and allows you to give every single customer the engagement experience they want – even before they know they want it.
In short, the power of hyper-personalization provides increased:
Without question, delivering data powered hyper-personalized account experiences across every touchpoint, allows companies to engage customers in much deeper and more meaningful ways. And with higher account engagement, businesses are better enabled to increase pipeline, win their top target accounts, and expand revenue with existing customers. So, what are you waiting for? Is your organization ready to “Get Personal?”
To learn more and to get started check out our webinar session on Hyper-Personalization.