John Dering, Director of Marketing Programs at Demandbase explains how Demandbase is using LookBookHQ to accommodate and identify highly engaged accounts with deeper content engagement strategies.
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Making Account Based Marketing Work: Aligning ABM with the Buyer’s Journey
1. Making Account-Based Marketing Work:
Aligning ABM with the Buyer Journey
Nick Edouard
President & CMO
LookBookHQ
John Dering
Director, Marketing Programs
Demandbase
2. Hello! Nice to meet you
Nick Edouard
Co-Founder, President & CMO
LookBookHQ
• Run Product & Engineering, Client
Success, Data & Marketing
• Ex-strategy consultant (Arthur D.
Little)
• British. Obviously.
3. LookBookHQ
Mission Customers OMC
We help B2B marketers
cultivate more informed,
sales-ready buyers faster
How? By ensuring they
always see the next most
relevant content asset
wherever and whenever
they engage.
>70
Enterprise & Mid-Market
Customers
• Leading AppCloud
partner
• Super tight integration
with Oracle Eloqua
• Scoping BlueKai and
Maxymizer
integrations
6. How are we using content today?
The Broken
Buyer’s Journey
7. “Content fuels modern marketing”
Awareness
Education
Consideration
Purchase
• 88% of B2B marketers use “content
marketing”
• 51% will increase their spend on
content in the next year (already 28%
of budget)
• 10 pieces of content are consumed
per persona before a purchasing
decision is made
Source: CMI / MarketingProfs; Google “Zero Moment of Truth”
8. Content = an information exchange
B2B Prospect B2B Marketer
Content Transaction
= Information Exchange
Awesome
White
Paper
Information
Information
Information about their problem,
your space, your solution, etc.
Information about them, their sales
readiness, etc. (explicit & implicit)
9. No real engagement metrics
Everyone looks the
same!
Did they engage
with the content?
Are they educated?
11. And attention is a gift
Average # of Business Emails
Received Per Day88
1,707
62
56
Average # of Banner Ads the Typical
Internet User is Served Per Month
Average # of meetings a typical
employee attends per month
Average # of “interruptions” an employee
experiences per day
Sources: The Radicati Group, 2014-2018 Email Statistics Report, Comscore, 7 Interruptions
12. The challenge for marketers
Quality
Quantity
Did Bob read the content?
Is he sufficiently educated to
move on to the next stage?
How do I get Bob’s attention
8 more times?
How do I move him through
all 8 content assets?
Narrow
engagement metrics
Low CTRs and 1:1 content
experiences
13. Which is why… L
94%
of MQLs
never close
Source: SiriusDecisions
Pretty sure I
haven’t consumed
10 pieces of
content…
14. B2B’s content use model is broken
Marketers are delivering content
today like Blockbuster (RIP)
Vendor-Centric:
• Limit engagement
• No engagement metrics
• Not personalized
• Not convenient
15. We need a new intelligent model
Buyer-Centric:
• Let them binge!
• Real engagement data
• Highly Personalized
• Super convenientMarketers need to deliver content like
Netflix – programmatically
16. Welcome to the new buyer’s journey
Content
Bingeing.
it’s all the rage.
17. How do you research & buy?
Piecemeal
You read a piece of content
about X every 2 weeks
Concentrated
You research X in bursts of
attention – 20 mins at a time
A. B.
18. Do More with the Moment
All visitors to
LookBooks
33%
consume more
than 1asset
7%
consume
every asset
19. Make it easy to binge on content
We captured Bob’s attention &
he’s ready to engage!
White paper Web page
Third-party
report
Video
Give him an orchestrated
sequence of related content
while we’ve got him!
25. Content engagement = sales readiness
Source: Analysis of client data (LookBook visitors and non-LookBook visitors progress through MAP and CRM lead stages)
Prospects that binge are 2.4X more
likely to be sales accepted
26. Anatomy of a Content Experience
Content
Promotion
Conversion
Manual or Programmatic
(Content Science™)?
What content (e.g.
by type, format,
third party, etc.)?
How A to B (e.g. flat
vs. sequenced, time,
message, etc.)?
What conversion
(e.g. engagement,
form fill, share, etc.)?
Who’s
clicking?
• Known vs.
Anon
• Persona
• Key Account
27. Treat content as a first class object
CONTENT
JOURNEY
Email
Web
Social
Display
28. Delivering real business value (fast!)
34% increase in sales opportunities from single LookBook
300 MQLs from one campaign – unprecedented volume & quality
3X higher close rate (5% to 15%) on MQLs on first two campaigns
6X higher close rate (SAVs <1%; Bingers 6%; Nurtured Bingers 12-15%)
2X increase in marketing’s contribution to revenue
Mid Market Technology
Company
29. Content Bingeing & ABM
1. Create highly customized scalable micro
campaigns for individual accounts
2. Fast track the education and qualification
of contacts within target accounts
3. Easily assess account-level engagement,
interest and sales-readiness metrics
4. Tailor follow-ups based on individuals’
interests (what content for how long)
ABM at scale needs Content Marketing Automation
30. Halftime Analysis: Key Takeaways
1. Engaged prospects (anon &
known) want to binge on content
2. We need to measure real
engagement – intensity not just
intent
3. Content engagement is an
excellent indicator of sales
readiness
4. Content marketing automation
delivers ABM at scale