Mass blasting generic content and hoping for lead generation is so 1990s. Today, savvy B2B marketers are getting surgical with account based marketing (ABM) to target and engage their most valuable prospects on LinkedIn.
But what exactly is involved in executing an effective account based marketing strategy on LinkedIn?
In this comprehensive guide, we’ll dig into what account based marketing is, benefits, LinkedIn tactics for identifying and engaging key accounts, metrics to track, tools to amplify your efforts, and plenty of actionable tips.
Table of Contents
What is Account Based Marketing?
First, let’s define what account based marketing entails at its core.
Prioritizing Target Accounts
ABM focuses marketing and sales efforts on targeted prospect accounts with the highest potential fit and value, rather than wider lead generation.
Personalized Orchestration
ABM coordinates personalized multi-channel outreach across content, social, ads, sales and more specifically tailored for key accounts.
Account Intelligence Informs Strategy
Researching chosen accounts guides effective positioning that resonates based on pain points, challenges, and goals for each organization.
Executive Alignment
Marketing and Sales teams align closely on target accounts, coordinated strategies, and shared metrics for complete account-centric orchestration.
ABM is all about quality over quantity – meticulously engaging a small number of high-value accounts vs. less personalized broad lead gen.
Also read: LinkedIn Tips, Tricks, and Strategies For Career Success
Why LinkedIn for Account Based Marketing?
With over 63 million company pages and 45 million decision makers, LinkedIn is a goldmine for executing targeted account-based marketing and outreach.
Rich Firmographic Data
Company and employee profiles provide detailed intel on technologies used, leadership, headcount, locations, work anniversaries, and more.
Granular Targeting Options
Ads, content, and automation tools allow hyper-targeting by industry, job role, skills, company size, location, and interests.
Executive Access
40% of LinkedIn members are director-level and above, offering direct access to crucial decision-makers.
Content Engagement Insights
You can see content interests, share analytics, and visitor details for company pages to tailor messaging.
Retargeting Across Channels
Integration with marketing automation platforms like HubSpot allows retargeting website visitors on LinkedIn.
For laser B2B focus, LinkedIn is the ideal ABM channel. Now let’s explore steps to orchestrate a winning strategy.
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How to Identify Target Accounts on LinkedIn
The first step of planning your LinkedIn ABM approach is narrowing down the list of ideal customer accounts to focus on.
Compile Company Lists
Start by gathering target companies from your CRM, website analytics, current clients, and new prospects with high revenue potential.
Define Ideal Customer Profiles
Analyze common traits of best customers like size, industry, tech stacks, and workflows to hone your ideal account profiles.
Filter by Potential Value
Assess factors like account revenue, growth, number of locations, budget, and future expansion plans to gauge value and prioritize high-potential accounts.
Map Your Total Addressable Market
Use third-party data tools like ZoomInfo or DiscoverOrg to expand target company lists and TAM analysis beyond current pipeline.
Search LinkedIn For Prospect Accounts
Leverage LinkedIn search filters and keywords to find more companies matching your ideal size, industry, tech stack, and growth criteria.
Review Your Website Analytics
Visitor company names, pages viewed, and research patterns in site analytics can indicate promising target accounts to add to ABM outreach.
Pro Tip: When identifying target accounts, aim for a tight list of 100 or fewer companies to allow meaningful engagement.
Here are some tactical ways to identify and select your top customer accounts for ABM success.
Also read: Generating Quality Leads on LinkedIn
LinkedIn ABM: Research and Engage Target Accounts
Once target accounts are selected, it’s time to dig into researching and engaging each one with tailored messaging across LinkedIn touchpoints.
Follow And Review Company Pages
Following a company page provides employee insights and content interests to inform outreach personalization for key stakeholders.
Connect To Company Leadership
Identify CEOs, founders, directors, and top department leaders via Company Pages and send customized connection requests with value-focused notes.
Join Employees In LinkedIn Groups
Connections and Group conversations position you as an industry thought leader to build relationships with target companies.
Advertise To Specific Companies
Sponsored Content and Sponsored InMail allow granular targeting by selected accounts for personalized ads.
Send InMail To Key Contacts
Use InMail to contact executives and influencers at target companies with relevant insights tailored to their initiatives.
Showcase Your Differentiators
Weave website visit retargeting ads and content into campaigns that highlight your differentiation versus competitors those accounts are considering.
Track Content Engagement
Monitor Company Page content click traffic, shares, followers, and visitor details using LinkedIn’s Company Analytics and third-party tools.
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Essential LinkedIn Tactics for Account Based Marketing
Now that we’ve covered identifying and researching target accounts, let’s explore some go-to LinkedIn tactics to integrate into your ABM orchestration.
Target Paid Ads By Account
Sponsored Content and Sponsored InMail allow highly granular targeting to serve customized ads to your defined list of accounts.
Retarget Website Visitors
Place the LinkedIn Insight tag on your site to identify anonymous account visitors for retargeting via customized ads.
Create Account-Focused Content
Develop content like e-books, guides, and blogs addressing pain points and goals specific to your target accounts based on research.
Cultivate Employee Advocates
Encourage employees connected to accounts to share your branded content and amplify messages via their networks.
Track Account Page Analytics
Monitor visitor stats, follower growth, page update clicks, job views and talent pool volume for each target account.
Monitor Lead Insights
Watch Company Page visitor job functions and seniority to gauge how far into organizations your content reaches for sales follow up.
Pro Tip: With LinkedIn’s advanced targeting, you can serve different Sponsored Content to different target accounts based on their initiatives and challenges!
Measuring the Success of LinkedIn Account Based Marketing
To optimize your ABM approach, you need to closely monitor performance metrics for each defined account. Here are results to track:
Account-Level Lead Acceptance Rate
Calculate the percentage of leads from target accounts that convert to sales qualified leads for ABM impact.
Average Account Deal Value
Measure the average lifetime contract value of deals won from account-targeted outreach vs. other efforts.
Content Engagement By Account
Track page views, content clicks, followers, and visitor job details for each Company Page.
Account-Specific Web Activity
Monitor target account visits to landing pages, downloads, and on-site behaviors using UTMs and analytics.
LinkedIn Matriculated Leads
Assess the quality of leads sourced directly through LinkedIn as a percentage of overall pipeline.
Total Account List Growth
Watch the number of strategic target accounts expand over time as research uncovers more qualified prospects.
Also read: How to Use LinkedIn to Accelerate Your Network Marketing Success
Top LinkedIn Account Based Marketing Tools
Executing an end-to-end account-based marketing strategy requires robust tools for target account data, outreach automation, and analytics.
LinkedIn Sales Navigator
Sales Navigator provides lead recommendations, advanced searches, InMail, and other tools to identify and connect with accounts.
DiscoverOrg and ZoomInfo
These data providers offer firmographic insights and contact details for target account research and prospecting.
Dux-Soup and UpLead
Automate LinkedIn messaging and connection workflows to named accounts lists for personalized multi-touch outreach.
LinkedIn Campaign Manager
This unified tool simplifies running Sponsored Content and InMail campaigns while tracking performance.
Owler and SimilarWeb
Conduct competitive research on target accounts using these sites to analyze their website traffic, tech stacks, leadership, and more.
Mintent
Retarget website visitors from target accounts with customized LinkedIn ads using their cross-channel capabilities.
While it requires alignment across teams, meticulous research, and multi-faceted coordination, account based marketing on LinkedIn is exponentially more effective than broad-based promotion when executed strategically.
What else would you like to learn about optimizing LinkedIn ABM? Let me know how I can help expand your skills and strategy!