• NEWS
  • INTERVIEWS
    • FEATURED INTERVIEW
    • HOT SEAT
  • PODCASTS
  • ARTICLES
  • QUICK BYTES
  • INSIGHTS
    • EDITOR’S VIEW
    • GUEST AUTHOR
    • EVENTS
    • USE CASES
  • RESOURCES
Search
Friday, March 31, 2023
Global Trends | News and Innovations, Views from Martech Leaders
  • NEWS
  • INTERVIEWS
    • FEATURED INTERVIEW
    • HOT SEAT
  • PODCASTS
  • ARTICLES
  • QUICK BYTES
  • INSIGHTS
    • EDITOR’S VIEW
    • GUEST AUTHOR
    • EVENTS
    • USE CASES
  • RESOURCES

    The Impact of Artificial Intelligence on Account-Based Marketing in 2021

    By
    Umme sutarwala
    -
    August 24, 2021
    The Impact of Artificial Intelligence on Account-Based Marketing in 2021

    Artificial Intelligence (AI) is the latest B2B marketing buzzword. AI is transforming the way businesses market to their customers, and account-based marketing (ABM) is the best strategy for it.

    ABM strategies can deliver much higher conversion rates than traditional marketing, according to B2B marketing experts. It is capable of providing a far more tailored customer experience as well as a more efficient and goal-oriented sales team. Organizations can gain insights into their prospects’ levels of engagement and the performance of their campaigns by using AI in their ABM strategy.

    According to “The 2020 State of ABM Report” from Terminus, 23% of marketers claimed their ABM campaigns were inactive in 2019. However, only 5.8% indicated they had no active ABM program in 2020. That’s a significant increase. As is the case with most things, businesses believe COVID-19 played a role.

    Most CMOs and businesses are likely looking to scale their efforts in the direction of an ABM strategy. With today’s rising buyer needs, ad-hoc data sources, and artificial intelligence advancements, having a unified and reliable customer data set is essential for scaling account-based marketing initiatives. The following are some of the ways AI can have a significant impact on the ABM strategy.

    Also Read: Top 3 Focus Areas for B2B Marketers in the Post-Pandemic Enterprise Landscape

    With reliable data, businesses can target the relevant accounts

    AI is capable of detecting intent, making it an excellent tool for account selection. Artificial intelligence can assist organizations to narrow down and tell them how well a collection of accounts falls inside their ideal customer profile based on a Total Addressable Market that matches a basic set of criteria like revenue, staff count, and industry type. Companies can leverage Artificial Intelligence and Natural Language Processing (NLP) technologies, as well as decades of domain expertise, to provide reliable, high-quality global contact data.

    Take Relationship-Building to a New Level

    Artificial intelligence can spot patterns and insights that humans might overlook. Once AI has a better understanding of why people do what they do, it can use that information to create more targeted marketing messages.

    Businesses can serve the most relevant messaging that will lead them to the next step based on where the prospect is in the marketing funnel and the unique journey there. This capability can be used by marketing and sales leaders to ensure that no opportunity is missed and no lead is lost. Apart from its potential to automate practically everything a company does, AI’s ability to personalize content at the proper time for each prospect is one of its most important features.

    Also Read: The Hero Ingredients Making Up a Successful ABM Strategy

    Make sure that sales and marketing teams are on the same page

    The synchronization of sales and marketing teams is the most crucial benefit of ABM, and AI can help businesses improve this coordination even more. Sales can receive activity and behavioral data from AI, which they can then respond to on a case-by-case basis. This method provides better ROI than the standard “smile and dialing” strategy, which involves making unsolicited calls to potential clients.

    AI can only supplement ABM initiatives, which will always require a company-wide strategy. However, if used correctly and with the appropriate tools, it is possible to implement strategies that were unthinkable just a decade ago.

    For more such updates follow us on Google News TalkCMO News. 

    • TAGS
    • Account Based Marketing
    • Artificial intelligence
    • B2B Marketers
    • B2B marketing
    • Natural language processing
    Linkedin
    Twitter
    Facebook
      Previous articleGoogle Updates the ‘How Search Works’ Website
      Next articleThe Future of Digital Marketing will be Driven by Hybrid Work Teams
      Umme sutarwala
      Umme sutarwala
      Umme Sutarwala is a Global News Correspondent with OnDot Media. She is a media graduate with 2+ years of experience in content creation and management. Previously, she has worked with MNCs in the E-commerce and Finance domain

      Latest posts

      Magnite Launches Deal Discovery to Help Buyers and Sellers Create and Activate PMPs

      Magnite Launches Deal Discovery to Help Buyers and Sellers Create and Activate PMPs

      April 28, 2022
      5WPR Announces Expansion of SaaS PR Practice

      5WPR Announces Expansion of SaaS PR Practice

      April 13, 2022
      Nativex Joins TikTok's Marketing Partner Program, and Now Provides Campaigns and Creative Management Tools

      Nativex Joins TikTok’s Marketing Partner Program, and Now Provides Campaigns and Creative Management Tools

      December 22, 2020
      Features to Consider Before Adopting a [PxM] Solution

      Features to Consider Before Adopting a PxM Solution

      January 17, 2023
      DSers and Shopify Seamlessly Integrates for Multiple E-commerce Dropshipping Business Scenarios-01 (1)

      DSers and Shopify Seamlessly Integrates for Multiple E-commerce Dropshipping Business Scenarios

      May 19, 2022


      Acing the Science of Marketing Technologies.

      TalkCMO is a digital platform that creates conversations on Marketing Technology and Digital Transformation of the marketing function. Through active and interesting news, views and interviews with industry leaders, it will afford global exposure of the best Strategies and Innovations – paving a path for Smarter Marketing Decisions.

      Media@TalkCMO.com
      Sales@TalkCMO.com

      Top Picks

      • Undefeated Emotional Marketing Strategies Marketers Must Know
      • Accenture Technology Unveils Generative AI for Business Excellence, Merging Physical and Digital Worlds
      • Xoriant X-CELERATE Insights Employs Analytics Solution Available in the Microsoft Azure Marketplace
      • Reasons for Businesses to Use Podcasts for Marketing
      • UiPath & Amelia Collaborate To Usher In A New Era Of Seamless Digital Experiences For The Future Of Work

      VISIT OUR OTHER PUBLICATION

      Quick Links

      • About Us
      • News
      • Featured Articles
      • Quick Bytes
      • Editor’s View
      • Events
      • Privacy Policy
      • Do Not Sell My Information

      Subscribe To Our Newsletter

      An Imprint of OnDot ® Media © | All rights reserved | Privacy Policy
      Edit with Live CSS
      Save
      Write CSS OR LESS and hit save. CTRL + SPACE for auto-complete.