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ABM on a Budget: How to Get the Most
Out of Your Strategy
Jim Bell – CMO, Glint
Albert Li – Sr. Marketing Ops Manager, Glint
Agenda
• ABM-on-a-Budget Origins
• Building the Foundation
• Build it Internally
• Leverage Your Vendors
• Refine Your Digital Channels
• Martech Stack
• Key Takeaways
Starting from Scratch
So, basically,
Build a predictable revenue
engine for a beta product with
no sales reps, no website, and
no sales cycle experience …
as a one-person marketing
team. 
Establish the Ideal Customer Profile
• With a slim budget and 1-2 (TBH) sales people, what’s your go-to-market
strategy?
• I don’t know either, but it definitely means you have to focus
• Segment: how can I divide up the market?
• Target: what segment(s) to pursue?
If I could pay money to get my rep in front of one person in one account what/who would it be?
• Position: what high-value problem are we equipped to solve?
Define the ICP
Define the ICP
Establish the Model
Only one thing I knew for sure:
My model was going to be wrong.
So, I tried to make sure we were learning as we went:
- Clean Data – scrubbed every opportunity
- Measure most clear, consistent funnel milestones
- Optimize for learning (cost, conversion rates, velocity)
Example: segregated inbound from outbound SDRs
Prepare for the Unknown
Built out fields &
workflow rules to
date-stamp every
metric I could think
of:
• Volume
• Conversion
• Velocity
KPIs
Big Question KPI Data Needed Calculation Example
How much Pipeline
do we need to
make our bookings
target?
Pipeline-to-Won
conversion
model
- Bookings targets
- Avg SQL2Won
conversion rate
- Avg SQL2Won velocity
Bookings Target (Qn)
----------------------------
Conv Rate
(Qn-Avg Velocity)
6-mo sales cycle
25% conv rate
Q2 Target = 4X *
Q4 Bookings Target
KPIs
Big Question KPI Data Needed Calculation Example
How much Pipeline
do we need to
make our bookings
target?
Pipeline-to-Won
conversion
model
- Bookings targets
- Avg SQL2Won
conversion rate
- Avg SQL2Won velocity
Bookings Target (Qn)
----------------------------
Conv Rate
(Qn-Avg Velocity)
6-mo sales cycle
25% conv rate
Q2 Target = 4X *
Q4 Bookings Target
Are we on track to
hit that #?
Weekly pipeline
generated &
pace
- Opps reaching pipeline
each week
- QTD pipeline value
QTD Pipeline $ /
Week in Qtr *
13 (weeks in Qtr)
13-week quarter
Week 1 pipe = $100
Pace = $1,300
KPIs
Big Question KPI Data Needed Calculation Example
How much Pipeline
do we need to
make our bookings
target?
Pipeline-to-Won
conversion
model
- Bookings targets
- Avg SQL2Won
conversion rate
- Avg SQL2Won velocity
Bookings Target (Qn)
----------------------------
Conv Rate
(Qn-Avg Velocity)
6-mo sales cycle
25% conv rate
Q2 Target = 4X *
Q4 Bookings Target
Are we on track to
hit that #?
Weekly pipeline
generated &
pace
- Opps reaching pipeline
each week
- QTD pipeline value
QTD Pipeline $ /
Week in Qtr *
13 (weeks in Qtr)
13-week quarter
Week 1 pipe = $100
Pace = $1,300
How much do we
need to invest to
get there?
Cost per
Pipeline $
- Marketing
- SDR
- Sales
- Target % from Mktg
Pipeline factors by
source:
- Mktg = Pgms spend
- SDR = # OSDRs
- Sales = # AEs
Mktg Pipeline Target
----------------------------
--
Cost per Pipeline $
Target is $10M
Mktg contribution =
50%
Cost per Pipeline $
= $0.10
 $500K
Build it Internally – Account Score - MQA
The Problem: We needed a way to see engagement from
an account perspective.
• Leverage LeanData’s Total Score and Average Score on Account Object
• Only count Implicit (interest) Score
• Analyzing Closed Won and SQLs we were able to determine our MQA
threshold score.
Build it Internally – Account Stage
Cost to build: $1500
Leverage Your Vendors
• Content Syndication – Be very specific with your requested lead
requirements (Account List, Account Size, Industry, Job Level, Region)
• Analyze the ROI and quality of leads from different shows (Don’t be afraid
to drop large events)
• 3rd party webinars and emails – pick vendors who can reach your ICP
Refine Your Digital Channels – The Why
70% of our Google PPC responses did not match our ICP
We can do better!
Refine Your Digital Channels – The How
LinkedIn Ads: Allows for firmographic
targeting, along with Sales Navigator
retargeting. These customizable abilities led
to us reaching the right ICP leads 72% of the
time.
Triblio: Reverse IP Lookup and Firmographic
data for targeted display ads
Yes
72%
No
28%
LinkedIn ICP
MarTech Stack
Selection
Identify
Accounts
Account Data
Account Score
Contact
Discovery &
Insights
Interactions
(Engagement)
Reporting
Key Takeaways
• Establish an ICP
• Build out a repeatable model
• Constantly check your assumptions vs actual results
• Process over technology (Build it internally if possible)
• Maximize your channels for ABM
Questions?
Jim Bell – CMO, Glint
www.linkedin.com/in/jimbell1
Albert Li – Sr. Marketing Ops Manager, Glint
www.linkedin.com/in/alberttli

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ABM on a Budget: How To Get the Most Out of Your Strategy

  • 1. ABM on a Budget: How to Get the Most Out of Your Strategy Jim Bell – CMO, Glint Albert Li – Sr. Marketing Ops Manager, Glint
  • 2. Agenda • ABM-on-a-Budget Origins • Building the Foundation • Build it Internally • Leverage Your Vendors • Refine Your Digital Channels • Martech Stack • Key Takeaways
  • 3. Starting from Scratch So, basically, Build a predictable revenue engine for a beta product with no sales reps, no website, and no sales cycle experience … as a one-person marketing team. 
  • 4. Establish the Ideal Customer Profile • With a slim budget and 1-2 (TBH) sales people, what’s your go-to-market strategy? • I don’t know either, but it definitely means you have to focus • Segment: how can I divide up the market? • Target: what segment(s) to pursue? If I could pay money to get my rep in front of one person in one account what/who would it be? • Position: what high-value problem are we equipped to solve?
  • 7. Establish the Model Only one thing I knew for sure: My model was going to be wrong. So, I tried to make sure we were learning as we went: - Clean Data – scrubbed every opportunity - Measure most clear, consistent funnel milestones - Optimize for learning (cost, conversion rates, velocity) Example: segregated inbound from outbound SDRs
  • 8. Prepare for the Unknown Built out fields & workflow rules to date-stamp every metric I could think of: • Volume • Conversion • Velocity
  • 9. KPIs Big Question KPI Data Needed Calculation Example How much Pipeline do we need to make our bookings target? Pipeline-to-Won conversion model - Bookings targets - Avg SQL2Won conversion rate - Avg SQL2Won velocity Bookings Target (Qn) ---------------------------- Conv Rate (Qn-Avg Velocity) 6-mo sales cycle 25% conv rate Q2 Target = 4X * Q4 Bookings Target
  • 10. KPIs Big Question KPI Data Needed Calculation Example How much Pipeline do we need to make our bookings target? Pipeline-to-Won conversion model - Bookings targets - Avg SQL2Won conversion rate - Avg SQL2Won velocity Bookings Target (Qn) ---------------------------- Conv Rate (Qn-Avg Velocity) 6-mo sales cycle 25% conv rate Q2 Target = 4X * Q4 Bookings Target Are we on track to hit that #? Weekly pipeline generated & pace - Opps reaching pipeline each week - QTD pipeline value QTD Pipeline $ / Week in Qtr * 13 (weeks in Qtr) 13-week quarter Week 1 pipe = $100 Pace = $1,300
  • 11. KPIs Big Question KPI Data Needed Calculation Example How much Pipeline do we need to make our bookings target? Pipeline-to-Won conversion model - Bookings targets - Avg SQL2Won conversion rate - Avg SQL2Won velocity Bookings Target (Qn) ---------------------------- Conv Rate (Qn-Avg Velocity) 6-mo sales cycle 25% conv rate Q2 Target = 4X * Q4 Bookings Target Are we on track to hit that #? Weekly pipeline generated & pace - Opps reaching pipeline each week - QTD pipeline value QTD Pipeline $ / Week in Qtr * 13 (weeks in Qtr) 13-week quarter Week 1 pipe = $100 Pace = $1,300 How much do we need to invest to get there? Cost per Pipeline $ - Marketing - SDR - Sales - Target % from Mktg Pipeline factors by source: - Mktg = Pgms spend - SDR = # OSDRs - Sales = # AEs Mktg Pipeline Target ---------------------------- -- Cost per Pipeline $ Target is $10M Mktg contribution = 50% Cost per Pipeline $ = $0.10  $500K
  • 12. Build it Internally – Account Score - MQA The Problem: We needed a way to see engagement from an account perspective. • Leverage LeanData’s Total Score and Average Score on Account Object • Only count Implicit (interest) Score • Analyzing Closed Won and SQLs we were able to determine our MQA threshold score.
  • 13. Build it Internally – Account Stage Cost to build: $1500
  • 14. Leverage Your Vendors • Content Syndication – Be very specific with your requested lead requirements (Account List, Account Size, Industry, Job Level, Region) • Analyze the ROI and quality of leads from different shows (Don’t be afraid to drop large events) • 3rd party webinars and emails – pick vendors who can reach your ICP
  • 15. Refine Your Digital Channels – The Why 70% of our Google PPC responses did not match our ICP We can do better!
  • 16. Refine Your Digital Channels – The How LinkedIn Ads: Allows for firmographic targeting, along with Sales Navigator retargeting. These customizable abilities led to us reaching the right ICP leads 72% of the time. Triblio: Reverse IP Lookup and Firmographic data for targeted display ads Yes 72% No 28% LinkedIn ICP
  • 17. MarTech Stack Selection Identify Accounts Account Data Account Score Contact Discovery & Insights Interactions (Engagement) Reporting
  • 18. Key Takeaways • Establish an ICP • Build out a repeatable model • Constantly check your assumptions vs actual results • Process over technology (Build it internally if possible) • Maximize your channels for ABM
  • 19. Questions? Jim Bell – CMO, Glint www.linkedin.com/in/jimbell1 Albert Li – Sr. Marketing Ops Manager, Glint www.linkedin.com/in/alberttli

Notes de l'éditeur

  1. Focusing on the right process can help you find the answers you need without having to bring in a specific technology.