In this episode of Scrappy ABM, host Mason Cosby explores who Account-Based Marketing (ABM) is best suited for and the essential criteria companies should meet before launching an ABM program. Mason shares insights on sales team requirements, product-market fit, contract value thresholds, and more to help you determine if ABM is the right approach for your business.
Best Moments:
(00:00) Introduction to the episode’s topic: Who is ABM for?
(01:05) ABM is primarily for B2B companies
(01:37) The importance of having a dedicated sales team
(03:32) Product-market fit and ethical selling in ABM
(06:10) The need for a larger average contract value (ACV)
(08:13) Ideal sales cycle length for ABM implementation
(09:09) The opportunity for deal expansion in ABM
(09:52) The importance of a clear market focus for target accounts
(10:39) Warning against implementing ABM if criteria are not met
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I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!