Updated 2023.
No matter your business, no matter your industry, you need to generate leads and sales opportunities. Lead generation is the lifeblood of business success, and if you have a consistent lead generation strategy, you will reap the rewards.
Here, we take a look at Account Based Marketing for B2B Lead Generation and why it is a powerful tool for lead generation in 2023.
Account Based Marketing (ABM), is a strategic and highly targeted approach to business marketing, in which a business considers and communicates directly with individual prospects and accounts within a specific market. ABM leverages off personalised campaigns that are designed to engage these prospects, moulding the marketing message to suit the specific needs of the prospect or account.
ABM is a strategy that focuses on 3 key elements:
Identify key accounts
Development of personalised content
Content campaigns delivered to those key accounts
ABM provides an extremely targeted approach to lead generation. It is sometimes compared to outbound sales calls. However, ABM is very different. ABM has taken the best attributes of outbound and inbound marketing, and combined them to create a modern and powerful sales lead generation tool.
The traditional/Outbound tactics ABM uses include the identification of key individuals and target audiences. These prospects will be reached by email or telephone, and every elevator pitch will be personalised, specifically related to the individual or the business. All of this is followed up with a face to face meeting or a follow up call - making the process more personalised than regular Inbound marketing.
Some of the Inbound marketing tactics that ABM uses include; creating helpful, informative, and high-quality content, the ability to thoroughly and intricately track the campaign, automation of further communication, and the ability to tailor and personalise all touch points.
When these key elements are combined, a powerful B2B sales lead generation tool is created. One that combines digital marketing tactics and traditional marketing tools.
Like all forms of lead generation, ABM needs to be implemented strategically and every part of the campaign needs to be unpacked and significantly thought out.
Before you launch your ABM campaign, make sure the following is in place:
Creating a powerful Call to Action (CTA) is imperative to any lead generation campaign. You need to prompt your audience to take action and this is done through CTA buttons. Google recently released a playbook for lead generation where they stated that CTA’s should be more descriptive than they have been in the past. For example, instead of having your CTA read “Start Here,” it should be a bit more specific and say “Download your free Ebook.”
Learn more about Call to Actions for lead generation, here.
Once your potential customer has filled in their contact information, or reached out to your business, you have the opportunity to nurture a relationship with them, and have the power to convert them into paying clients. Lead nurturing is vital to a successful lead generation campaign and ABM campaign.
Lead nurturing refers to a series of emails, retargeting campaigns, telephonic communications or other possible touch points that are directed to leads based on their specific interests. A lead nurturing campaign is where you are able to use the data you have gathered on prospective clients to deliver timely and targeted information to them, to help guide them on the buyers journey.
Learn more about lead nurturing email campaigns, here.
If you put time and effort into your lead generation campaign by understanding your audience, creating relevant content, promoting that content on powerful platforms, and continuing the conversation, you will attract more leads in 2023.
If so, we can help. Nexa has been generating highly qualified sales leads for businesses of all types for almost a decade. We have both the experience and track record to help businesses in all industries generate highly qualified sales leads.
Contact Nexa for all your lead generation needs or learn more about Account Based Marketing, here.