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Home > Account Based Marketing(ABM)
Account Based Marketing(ABM) is a more discreet and contemporary approach that companies adopt as part of their marketing and sales strategy. In this approach, the organization considers and communicates with individual prospects or customer accounts as markets of one. Markets are becoming more and more commoditized, and there is a thin line of difference between the suppliers and the competitors. Under such a situation, price becomes the decisive factor for the customer. Hence, account-based marketing services are being increasingly adopted by companies under the pressure of commoditization.
In a February 2022 poll of US B2B marketers, 40% of participants stated that the greatest barrier to implementing an account-based marketing approach was a lack of internal expertise. After that, 31% of participants said that the biggest obstacle was their disinterest in a certain project type, and 23% mentioned a lack of agreement on the optimal strategy.
Source: (https://www.statista.com/statistics/1291254/b2b-account-marketing-challenges-us/)
Accounting and E-commerce, BFSI, IT & Telecommunications, Government, Travel & Tourism, Healthcare & Life Sciences, and End-User Industry are the segments that make up the report on Account Based Marketing Market Companies. The report is further divided by region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) and component (Tools, Services). For every segment mentioned above, market sizes and projections are given in terms of value (USD). the account-based marketing market research from Moldor Intelligence, Inc. the account-based marketing market research from Moldor Intelligence, Inc.
Source:(https://www.mordorintelligence.com/industry-reports/account-based-marketing-market)
MODEL
FOCUS
TARGET ACCOUNTS
MARKETING APPROACH
Large Account
Few huge customers
Up Market Expansion
Develop content
Named Account
Hundred or Thousands of Accounts
Targeting Many Accounts
Integrate ABM with sales and marketing campaigns
Focused Lead Generation
Existing Marketing Channels
Segmented Accounts
Use ABM tactics to improve effeciency
B2B Account Based Marketing(ABM) is more than a marketing buzzword. It is a strategy that savvy business concerns are now adopting to drive in excess revenues for their business. As more and more business organizations are shifting focus to more account-centric, it is vital that your company devises solutions that help you target and measure prospective accounts!
To find out more about account based marketing services, call upon us!!
Tags: Account Based Marketing(ABM), Account-Based Marketing, Account Based Marketing Agency, B2B Account Based Marketing, Account Based Marketing Companies
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