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Seizing The ABM Opportunity: Prospects and Priorities For 2022
Seizing The ABM Opportunity: Prospects and Priorities For 2022
Opportunity:
Prospects and
Priorities for 2022
Rob Leavitt, SVP Advisory and Training, ITSMA/Momentum (moderator)
Jon Miller, Chief Marketing Officer, Demandbase
Marne Reed, Chief Evangelist, Brand Experiences, PFL
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 1
Panelists
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 2
Agenda
The continued rise of ABM... State of the field
What leaders do differently: Priorities for 2022
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 3
Housekeeping
Slides and replay available after the Webcast
Use the Q&A chat to submit questions; we’ll get to as many as we can
If you’re tweeting:
• #ABMopportunity
• @ITSMA_B2B
• @ABMLA1
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 4
About the research: Qualitative and quantitative study
with ABM leaders and practitioners
Qualitative interviews
Web-based survey
Web-based survey in
August 2021 with ITSMA
member companies and
ABM Leadership Alliance
contacts
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 5
The continued rise of ABM:
COVID-19 disruptions have fueled the ABM fire
#1 B2B
marketing
of the marketing
2021 budget dedicated
of companies will
increase their ABM
Average ABM
Budget Growth
to ABM budget in FY2022 13.5%
priority in
2021
(N=165)
(N=195)
Sources: ITSMA, 2021 B2B Marketing Trends Survey; ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 6
What’s changed since the pandemic?
More focus on
existing customers
More virtual and Greater
agile collaboration
(of course!) with Sales
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 7
ABM impact is influencing overall marketing strategy
72% 70%
ABM delivers higher ROI ABM principles are
than other types of marketing influencing the way we do
all marketing today
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 8
Amid the impact, significant challenges remain
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 9
Some companies are meeting the challenge:
Meet the ABM Leaders
84%
ABM Leaders: ABM Leaders
Significant
improvement
in business
results
53%
All Others
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 10
What leaders do
differently:
Priorities for 2022
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 11
First, let’s look at what ABM leaders
do NOT do differently
1 2 3 4 5
Strategic Sales Staff Process Technology &
alignment collaboration development excellence data leverage
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 13
Strategic Alignment: ABM leaders have broader
objectives and greater stakeholder alignment
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 14
Sales Collaboration: Program leaders are significantly more
likely to have stronger alignment with sales
42% 27%
ABM Leaders All Others
% Strongly Agree
*Indicates a statistically significant difference ABM Leaders (N~73); All Others (N~133).
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 15
Staff development: ABM-ers within leading programs are
more proficient across a variety of skills
Mean Rating
ABM skills (selected) ABM Leaders All Others
Sales and marketing collaboration and integration* 4.0 3.6
Account relationships and strategy* 3.8 3.2
Tailored value propositions* 3.7 3.1
Content creation and tailoring* 3.6 3.3
Market and account intelligence* 3.6 3.3
Data and analytics for ABM* 3.5 2.9
Note: Mean rating based on a 5-point scale where 1=not at all proficient and 5=have mastered this sill area.
*Indicates a statistically significant difference.
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 16
Process Development: ABM leaders develop tools,
templates, and processes for reuse and sharing
Standardized campaign templates and tools ABM community to share ideas and best practices
to facilitate ABM program scaling* across organizations/business units*
*Indicates a statistically significant difference | % of Respondents | ABM Leaders (N~73); All Others( N~133).
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 17
Tech and Data Leverage: ABM leaders are more likely to use
technology to its full potential
Note: Mean rating based on a 5-point scale where 1=Just scratching the surface and 5=Fully leveraging the tool's capabilities. Showing the top 15 technologies.
*Indicates a statistically significant difference.
Source: ITSMA and ABM Leadership Alliance, 2021 ABM Benchmark Study, September 2021
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 18
Priorities for 2022:
Five areas for program improvement
1 2 3 4 5
Strategic Sales Staff Process Technology &
alignment collaboration development excellence data leverage
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 19
Closing
thoughts!
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 20
Thanks to our Panelists!
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 21
Learn more at itsma.com and abmleadershipalliance.com
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Community
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 22
Thank You! Rob Leavitt
Senior Vice President, Advisory and Training
ITSMA/Momentum
rob.leavitt@wearemomentum.com
+1 781-862-8500, x120
@RobLeavitt
LinkedIn.com/in/rleavitt
A MOMENTUM GROUP COMPANY Seizing the ABM Opportunity: Prospects and Priorities for 2022 | EV211110 © 2021 ITSMA and ABM Leadership Alliance. www.itsma.com 23