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account based content marketing (you could check here) for Professional Services
Your marketing department and digital agency can focus their efforts on a particular segment of customers or accounts with account-based content marketing. This allows you to create hyper-personalized content that addresses their specific problems and demonstrates how your product can help them overcome their problems.
ABM content that is efficient must convey the correct information to each stakeholder in the buyer's center at the right time. This requires identifying the requirements of each persona at different phases of their journey.
Targeting Specific Accounts
Account-based content marketing is a more individualized approach to content marketing compared to traditional strategies, which seek to convert visitors using large marketing campaigns into leads. Marketers can create and present relevant content marketing agencies uk by knowing the decision makers within each account, their challenges, and their objectives. This can help create a more fruitful conversation with customers and prospects which ultimately leads to greater business outcomes for the organization.
Once you've identified your target accounts The next step is to develop accounts plans for each one. This involves analysing each account and determining the marketing channels to employ and which customers within the account should be engaging with, and what types of content are needed to encourage engagement and conversions. This could include thought leadership content like whitepapers or case studies. whitepapers, case studies webinars, retargeting ads, webinars customized website experiences, and other marketing strategies that are tailored to each account are all possible.
Account-based content marketing can deliver a much higher return on your investment than traditional strategies for content. 84% of B2B marketing professionals who have incorporated account based marketing into their strategies report higher ROI than any other marketing effort.
Although it takes more effort and time to cultivate a smaller number of accounts, the advantages are significant for companies who seek to increase their revenues throughout the funnel. This is particularly applicable to professional services companies where the quality of each prospective client or customer is more important than the number of potential customers they could attract.
ABM is an excellent option for businesses who want to increase their business with existing customers over time by building trusting relations. Research has shown that investing in existing customers is more cost-effective than spending money to acquire new customers.
Combining ABM with inbound marketing methods can maximize the impact on content marketing. Marketers can make their content more relevant to buyers at every stage of the purchasing journey by using pillar content in conjunction with the retargeting technique and landing pages for lead capture. This enables them to generate more acquisition growth, acceleration, and expansion revenue opportunities for their sales and marketing teams.
Create hyper-personalized content
ABM is among the most popular trends in marketing, and it's important for marketers to comprehend how their current content strategies fit into this new approach. It can be hard to understand how ABM actually works. Jenny Magic of Convince & Convert and Jennalee Reiff from Springbox gave a crash-course on ABM in a recent presentation. They discussed the most important aspects to consider, and what to expect for the success of implementation.
The most efficient ABM content strategy starts by understanding your ideal client's needs and objectives. Content that is in line with these goals will allow you to provide more personal service and boost conversions. Content should also be tailored to the requirements of each account. It is therefore crucial to map the journey of each user within the account. By doing this, you'll be able to see what types of content (and even individual items and pages) are most engaging for these people. This information can be used to improve user's journeys on these accounts, showing the best performing content.
It's not easy to create hyper-personalized content however, it's a crucial step to increase the impact of ABM. According to State of Marketing 2023, 83% of consumers are willing to give their personal details in exchange for a more personalised experience.
AI processing of real-time data is one way to create hyper-personalized content. This will allow you to manage the way your content is presented and make suggestions for the next steps, and respond to events instantly. This tool can enhance the effectiveness of ABM campaigns. It is not a substitute for the need for multivariate testing or strategic planning.
The pillar and cluster structure is another method to personalize content. This lets you create a complete piece that describes the problem your target accounts are facing, and then connect it to other pieces that specifically address the issue. Fitness trackers, as an example are able to provide a range of common advantages and goals, but the way that different people use them could be quite different.
Making sure that Marketing and Sales are aligned
Professional service marketers have historically focused on creating a linear sales channel using broad marketing campaigns to draw large numbers of people in the hopes that a portion of them would convert. This strategy might have worked in the past when B2B marketing employed a more broadcast approach, but it is not effective in the current Account Based Marketing strategy. Instead of trying to push all potential leads through the same stage of the process, it's more important to focus on targeting high-value prospects and account based Content Marketing provide them with content and experiences that are adapted to their specific needs and requirements.
The first step is to determine your ideal customer profile. It's not as easy as creating buyer profiles as you also need to think about the kinds of solutions each customer is seeking and how best to make use of them.
Once you have identified your ICP the next step is to design an effective strategy for content that is connected with each of these accounts across different channels. This could include anything from social media advertisements to email outreach.
It is essential that your marketing content strategy and sales teams are on the same page when you implement your ABM strategy. This will ensure that your content is relevant for each account, and ensure that you don't waste time or resources on the wrong people.
The most important thing to do is to use the data you have on your best-performing clients. By analyzing your historical customer information, you will be able to determine what positive characteristics they have in common, like being in the financial services sector or falling within a certain company size. This information can then be used to create targeted marketing campaigns to target similar prospects.
In addition, it's important to track the performance of your ABM strategy and make changes when needed. If your targeted account does not respond to your content, you might be able to contact them to see what you can do to move them along the sales funnel. You can make sure that you align your ABM strategy with your content strategy by following these steps.
Measuring the success
Account based content marketing is about creating content (videos reports, blogs, posts and webinars) that are tailored and relevant to a specific persona or account. If you're looking to reach healthcare businesses for instance your content should be focused on their issues and pain points. This personalization aspect isn't just important in ABM but also an excellent method to establish strong relationships with your prospects and customers.
The greatest benefit of ABM is that it can be used at any stage of the sales funnel. It is even more effective than traditional lead generation at the top of a funnel. This is because it can help you identify and engage just a handful of accounts that are likely to convert, rather than trying to generate leads from an crowd that may not be interested in your product or service.
While offline methods like phone calls and meetings in person, or handwritten notes remain effective, today's buyers are more inclined to digital self-service and remote engagement. That's why it's so critical to provide customers with the right content at the right time, and on the channel that's most suitable for them.
ABM is particularly effective for engaging hard-to-reach C-suite executives who are usually skeptical of mass-email campaigns, but are more likely to respond to content that speaks directly to their requirements and use cases. Additionally, ABM can help you shorten the sales cycle by enabling you to connect with prospects and keep them engaged at the most crucial stages of their journey, for instance, when they're looking into solutions to solve a specific business issue.
Although ABM hasn't been around for longer than traditional marketing and sales strategies, it's quickly becoming a top strategy for B2B companies looking to increase their efficiency and generate higher revenue. In fact, 76% of marketers who have adopted the ABM approach say it improves ROI, while 81% report that it increases deal close rates and upselling/cross-selling rates.