48: How to Master Your 1:1 ABM Program w/ Sudhir Bhatti

July 10, 2019 00:13:50
48: How to Master Your 1:1 ABM Program w/ Sudhir Bhatti
B2B Revenue Acceleration
48: How to Master Your 1:1 ABM Program w/ Sudhir Bhatti

Jul 10 2019 | 00:13:50

/

Show Notes

Everyone’s talking about ABM and how to drive alignment between marketing and sales. Usually, the conversation starts and ends in marketing. Well, this episode is about ABM. And we did invite a marketer (Sudhir Bhatti) on our podcast to discuss ABM. But we talked about it from both perspectives: marketing and sales. Specifically, this episode is about 1:1 ABM programs. 

Sudhir is the Head of Marketing at CyberCube, which is a niche cyber analytics company. Specifically, they focus only on the top 100 insurance companies across North America.

Here’s what Sudhir had to say about 1:1 ABM programs (and how it affects the sales team).

View Full Transcript

Episode Transcript

WEBVTT 1 00:00:02.560 --> 00:00:08.429 You're listening to BB revenue acceleration, a podcast dedicated helping software executives stay on 2 00:00:08.470 --> 00:00:12.230 the cutting edge of sales and marketing in their industry. Let's get into the 3 00:00:12.310 --> 00:00:17.510 show. Hi, welcome to be to be a revenue acceleration. My name 4 00:00:17.510 --> 00:00:21.620 is already Muti and I'm yet today with Sudia Betty, head of marketing at 5 00:00:21.620 --> 00:00:24.899 Cyber Cube. How about you today, Saudier? Very well, thank you, 6 00:00:24.940 --> 00:00:28.379 Ray, no problem. So the topic of today is how to Master 7 00:00:28.660 --> 00:00:33.740 Your oneonone ABM program but before we go into details and the conversation Studia, 8 00:00:33.859 --> 00:00:38.009 would you mind introducing yourself and your organization, Cyber Cube, to to our 9 00:00:38.009 --> 00:00:42.409 audience? Absolutely. First of all, please, to be joining the podcast 10 00:00:42.530 --> 00:00:46.609 with you. For the audience, my name is tod body and I'm the 11 00:00:46.689 --> 00:00:52.479 head of marketing at Cyber Que. Before Cyber Cube, I have led marketing 12 00:00:52.759 --> 00:00:58.280 for companies like being very informatica and semantic. My background is in virtualization, 13 00:00:58.600 --> 00:01:04.510 it operations management and now cyber risk analytics. Talking about CYBERCUBE. So cybercube 14 00:01:04.750 --> 00:01:10.750 is the market leading cyber insurance, a LETEX platform. We based out of 15 00:01:10.790 --> 00:01:15.870 San Francisco. We have two more offices globally and we are helping the global 16 00:01:15.950 --> 00:01:19.900 insurance industry tackle the most critical risk of the twenty one century, which is 17 00:01:19.980 --> 00:01:26.060 cyber yeah, you're initially be incubated within semantic. So we are backed by 18 00:01:26.180 --> 00:01:30.939 semantic winters and four point capital. So that's a cook intro about cyber Cuban 19 00:01:30.019 --> 00:01:33.849 myself. That sounds wonder for thank you very much for that. So there. 20 00:01:34.250 --> 00:01:38.689 So you've mentioned to me in previous conversation that Sayboubi is a very niche 21 00:01:38.090 --> 00:01:44.530 business and focus is only on the top on druids insurance companies across North America 22 00:01:44.810 --> 00:01:48.719 currently. So, based on that, your marketing approach needs to be extremely 23 00:01:48.840 --> 00:01:53.319 focused and I'm sure that ABM plays a very important role in your strategy. 24 00:01:53.560 --> 00:01:59.200 So could you please show his audience how you see a successful one onone ABM 25 00:01:59.319 --> 00:02:05.069 program for such an insuffering yeah, as you said very well, ABM place 26 00:02:05.549 --> 00:02:12.310 critical part in our current marketing strategy. So we are we're having a list 27 00:02:12.430 --> 00:02:15.740 of our top fifty, top hundred accounts which are super relevant to us and 28 00:02:15.900 --> 00:02:23.460 as part of our current ABM strategy, we are constantly developing be spoke content. 29 00:02:23.819 --> 00:02:30.449 We have finalized messaging corresponding to these different personas and that help in enabling 30 00:02:30.610 --> 00:02:38.370 our sales team to be hyper targeted when they are having these conversations with these 31 00:02:38.569 --> 00:02:44.289 buyer personas and such continent messaging. It should always add reading coul value. 32 00:02:44.439 --> 00:02:49.240 So when I'm the chief risk officer, I didn't show a company. How 33 00:02:49.319 --> 00:02:53.759 can this content help me understand the core challenges which I want to address and 34 00:02:54.080 --> 00:02:58.319 what could be the possible solutions around it? And then, as part of 35 00:02:58.400 --> 00:03:05.830 our ABM strategy, we also liver it digital channels advertising to distribute this content 36 00:03:05.990 --> 00:03:09.949 and resources to our audience and we also measure the effectiveness of that content. 37 00:03:10.349 --> 00:03:15.939 What is the engagement trade? Is that content helping US shrink our sales cycle 38 00:03:16.340 --> 00:03:23.259 and also helping our sales force to discover more of these conversation so they can 39 00:03:23.659 --> 00:03:28.689 continue building these relationships with that target audience? Now that makes sense. I 40 00:03:28.729 --> 00:03:31.569 don't know what are the key KPIS. You mentioned measuring a couple of time 41 00:03:31.849 --> 00:03:36.770 in answer to my question. What are the key kpis that you are looking 42 00:03:36.810 --> 00:03:42.560 at for for success, for the finding a successful Adm approach from your perspective? 43 00:03:42.919 --> 00:03:46.240 So some of the KPA is that we leverage? They are around content 44 00:03:46.400 --> 00:03:53.039 consumption. So if I come to know that a specific targeted account that we 45 00:03:53.159 --> 00:03:59.389 are looking at has gone up like forty percent in content consumption over the last 46 00:03:59.550 --> 00:04:03.069 three weeks. That is a very strong signal for us and our sales force 47 00:04:03.229 --> 00:04:12.580 that they are currently actively looking at Cybeig insurance and ex solutions. They may 48 00:04:12.699 --> 00:04:16.819 have some sort of cycles are there and which would enable our sales force to 49 00:04:16.899 --> 00:04:21.620 reach back to them understand more about where they're in their buying cycle and how 50 00:04:21.740 --> 00:04:27.889 can we enable them. So it's around content consumption, it's around how many 51 00:04:28.009 --> 00:04:33.410 touchpoints we have had with them in the digital realm as well as at avenues 52 00:04:33.449 --> 00:04:39.680 like trade shows. So we do like one conference every forty five days, 53 00:04:40.240 --> 00:04:46.199 and even when we are attending these conferences, we are hosting our own cybecue 54 00:04:46.240 --> 00:04:51.519 events. So that also enables us opportunity beyond just digital, to target these 55 00:04:51.759 --> 00:04:58.269 decision makers and measure what sort of conversation we are able to generate from those 56 00:04:58.470 --> 00:05:02.870 track shows and cybercue events. So it's a composition of digital as well as 57 00:05:02.949 --> 00:05:09.019 nondigital sources that we are currently leveraging and I think I think that makes perfect 58 00:05:09.019 --> 00:05:13.620 suns the immunity touch, as I think most of our clients like to connect. 59 00:05:13.740 --> 00:05:16.939 Type of approach seems to be the most appropriate for prospect and having multi 60 00:05:17.019 --> 00:05:20.300 touch for diffront mediums, as you mentioned, is that just online you could 61 00:05:20.339 --> 00:05:25.490 be or so physic code act event does does also make sense, because he 62 00:05:25.569 --> 00:05:30.689 tolose you to almost have like a an explience or journey with the prospect before 63 00:05:30.689 --> 00:05:33.290 they even become a customer, which ultimately, when the moments is right, 64 00:05:33.689 --> 00:05:38.279 should help you to be on top of their mind and and you should be 65 00:05:38.360 --> 00:05:41.560 probably the first email they would send o, the first code they would make. 66 00:05:41.720 --> 00:05:44.680 That that, that makes perfect sense to me. Now, you know, 67 00:05:44.800 --> 00:05:50.430 at operatics we do believe strongly that engaging with sea level executives is fundamental, 68 00:05:50.910 --> 00:05:55.949 fundamental to not only put you in a situation where you can accelerate sell 69 00:05:56.069 --> 00:06:00.069 cycles, but also increase our vergy value as well as increasing your chances to 70 00:06:00.389 --> 00:06:03.620 win the business. Now I would like to anorst on from your perspective at 71 00:06:03.660 --> 00:06:08.420 out Cyber Cuban and your experience in general as a marketer. What are, 72 00:06:08.459 --> 00:06:12.420 from your perspective, of strategies that work best to get in front of high 73 00:06:12.420 --> 00:06:17.769 level decision make us absolutely I don't just briefly shared the we offer cyber insurance 74 00:06:17.850 --> 00:06:24.930 and lyrics to the global insurance community. So our audience is the sea level 75 00:06:25.050 --> 00:06:31.410 exacts at insurers and reinsuders and the problem that we are solving is really sophisticated 76 00:06:31.490 --> 00:06:38.519 and we specifically want to connect with the head of cyber chief underacting officer and 77 00:06:38.560 --> 00:06:45.439 chief risk officers and during our outreach we want to develop trust without hearget audience 78 00:06:45.600 --> 00:06:54.949 and initiate conversations and educate them how are resolving these core problems around cybery, 79 00:06:55.189 --> 00:07:00.750 cogregation and the writing analyts and insurance industry doesn't have a lot of data around 80 00:07:00.829 --> 00:07:03.660 side, so that makes this challenge even bigger for them. So, from 81 00:07:03.660 --> 00:07:09.579 a strategy perspective, we make sure that we are able to develop the right 82 00:07:09.740 --> 00:07:15.089 content, we are able to attend most of these important conferences and trade shows. 83 00:07:15.209 --> 00:07:21.730 We are target audience is there and we also conduct our own cyber cube 84 00:07:21.769 --> 00:07:28.930 events which further help us educate our core audience and in fact, this year 85 00:07:29.050 --> 00:07:32.560 we are also planning our own user conference to that's yeah, that's a quiet 86 00:07:32.600 --> 00:07:38.040 too consistent and quote an interesting plan of actions that that doesn't make sense. 87 00:07:38.079 --> 00:07:42.360 or it's really about. Again, it's giving them almost multiple cold to action 88 00:07:42.879 --> 00:07:46.350 and trying different call to action and see what they would respond the best with. 89 00:07:46.509 --> 00:07:50.550 That correct, exactly. Okay. So another thing that we actually discuss 90 00:07:50.629 --> 00:07:55.990 really widely when we lasted the opportunity to meet Sudia, which was at all 91 00:07:56.470 --> 00:08:01.980 one of our CMO gmails in in the bay area, was the alignment between 92 00:08:01.379 --> 00:08:05.339 seals and marketing and and we discuss in Lens, not only with yourself but 93 00:08:05.420 --> 00:08:09.779 also with, just a guess, at cop present around the table, how 94 00:08:09.500 --> 00:08:15.290 critical that is for the success of an ABM program so how do you, 95 00:08:15.730 --> 00:08:20.009 with your team, yourselves team, make sure that is disalignment is successful? 96 00:08:20.490 --> 00:08:26.199 Yes, this is a super important topic. So to establish alignment between sales 97 00:08:26.319 --> 00:08:31.279 and marketing, seals and marketing need to be on the same page when it 98 00:08:31.480 --> 00:08:35.519 comes to those top accounts and target decision makers and key influencers. So once 99 00:08:37.000 --> 00:08:41.360 that has been sorted out, you have a strong base. Then marketing needs 100 00:08:41.399 --> 00:08:46.669 to enable sales team to understand the historical engagement, as you were talking about 101 00:08:46.750 --> 00:08:52.830 those key metric so what sort of content has been consumed by which decision maker 102 00:08:52.870 --> 00:08:58.299 at at what count so you deep tie into the historical engagement of these targeted 103 00:08:58.340 --> 00:09:05.139 accounts with your content and resources. And your events. And once marketing is 104 00:09:05.259 --> 00:09:09.610 able to pinpoint a specific account that is gathering some more momentum, that becomes 105 00:09:09.649 --> 00:09:16.129 a very strong signal for the sales team to do and proactive outreach. So 106 00:09:16.289 --> 00:09:20.730 we have twice a month sync ups with our sales team to ensure that we 107 00:09:20.809 --> 00:09:24.960 are reviewing these top accounts and based on that, if we are constantly defining 108 00:09:24.039 --> 00:09:30.240 our go to market plans and sharing feedback from our ABM strategy, would you 109 00:09:30.240 --> 00:09:33.480 say that sometimes the feedback of your self steam with l fits or tailor or 110 00:09:33.600 --> 00:09:39.710 slightly changed the way you go got to specific one on one, a PM 111 00:09:39.789 --> 00:09:45.789 accross with a specific account sometimes? So when when our sales team is having 112 00:09:45.870 --> 00:09:52.070 these conversations without target audience, they come back with great feedback. They may 113 00:09:52.149 --> 00:09:58.299 have feedback on content, on messaging or even around problems that these target buyers 114 00:09:58.340 --> 00:10:01.500 are facing. So that feedback is extremely important to us. We take that 115 00:10:01.580 --> 00:10:07.490 very seriously and then we go back and start refining our content and messaging on 116 00:10:07.690 --> 00:10:15.529 so I firmly believe that any organization who is trying to engage enterprise buyers they 117 00:10:15.570 --> 00:10:20.250 should look into their core messaging and positioning every three to six months. So 118 00:10:20.330 --> 00:10:22.600 whenever you have a bit launch coming up, whenever you have a new release, 119 00:10:22.960 --> 00:10:28.279 you need to think very clearly in terms of what those three core messages 120 00:10:28.399 --> 00:10:31.679 look like, which we call as the messaging pillars. So absolutely, when 121 00:10:31.879 --> 00:10:37.309 our sales team is having these conversations, they will get more insights from a 122 00:10:37.909 --> 00:10:41.389 customers perspective and then when they come back with that feedback to us, we 123 00:10:41.470 --> 00:10:46.269 take it very seriously. Okay, I think that's that's the that's the best 124 00:10:46.309 --> 00:10:48.909 way. So I appreciate Johns of to that question now if I was too 125 00:10:48.909 --> 00:10:54.259 close off with one last question. What would you say is the key advice 126 00:10:54.580 --> 00:11:00.580 that you would give to anyone listening to that podcast about one on one ABM 127 00:11:00.700 --> 00:11:07.090 program what's is the the key success fact or the key not to do findings 128 00:11:07.450 --> 00:11:11.889 or best practices that you think is important to show with audience today? Great 129 00:11:11.929 --> 00:11:16.409 Question. I would say that, from an ABM strategy perspective, first of 130 00:11:16.490 --> 00:11:20.600 all, an organization has to think clearly in terms of what their goals are, 131 00:11:20.799 --> 00:11:28.120 who's their target market and who are those buyer personas inside that market. 132 00:11:28.279 --> 00:11:33.269 So when, when you have sorted these basic questions, then the next step 133 00:11:33.350 --> 00:11:37.429 for you is to invest in the right tools come up with the right ABM 134 00:11:37.509 --> 00:11:45.230 strategy which can enable you to identify these prospects, these organizations and continuously measure 135 00:11:45.309 --> 00:11:50.820 their engagement with your content, with your marketing efforts. And after that, 136 00:11:50.860 --> 00:11:56.100 they needs to be a very close collaboration between marketing and sales, marketing and 137 00:11:56.340 --> 00:12:01.529 PM in terms of how can we further refine that ABM strategy. So it's 138 00:12:01.570 --> 00:12:05.850 a it's a process, it's a journey, but I think the first step 139 00:12:05.289 --> 00:12:11.009 is to have that groundwork done and investing in the right ABM tools and then 140 00:12:11.090 --> 00:12:16.080 once you have that, then you can really orchestrate a great abum strategy. 141 00:12:16.279 --> 00:12:18.159 Thank you very much for that. So there. So at this sige of 142 00:12:18.200 --> 00:12:22.360 the podcast, we always ask the same question to all guests, which is 143 00:12:22.960 --> 00:12:28.279 if anyone from algience would like to carry on the conversation with you, and 144 00:12:28.960 --> 00:12:31.669 but thentually ask you feels a question or even speak to say, book you 145 00:12:31.830 --> 00:12:37.470 directly and discuss about your product offering or solution offering. What is the best 146 00:12:37.509 --> 00:12:41.309 way to get toward of Usada? Sure, so you can go to a 147 00:12:41.389 --> 00:12:46.340 website. It's cyb cu becom, type Cubecom, and if somebody wants to 148 00:12:46.379 --> 00:12:50.539 reach out to me. Happy to talk. It's my first aim last name. 149 00:12:50.620 --> 00:12:54.740 At GMAILCOM and on twitter I have the same handle, but that sounds 150 00:12:54.740 --> 00:12:56.659 fantastic. What again, thank you very much about time today's Adia. It 151 00:12:56.899 --> 00:13:00.970 was great to join the show. Thank you very once again for the opportunity 152 00:13:01.169 --> 00:13:03.690 pleasure speaking with you and, yeah, look forward to seeing you soon. 153 00:13:03.009 --> 00:13:11.690 Thank you. operatics has redefined the meaning of revenue generation for technology companies worldwide. 154 00:13:11.730 --> 00:13:16.399 While the traditional concepts of building and managing inside sales teams inhouse has existed 155 00:13:16.480 --> 00:13:20.879 for many years, companies are struggling with a lack of focus, agility and 156 00:13:22.080 --> 00:13:28.590 scale required in today's fast and complex world of enterprise technology sales. See How 157 00:13:28.590 --> 00:13:35.350 operatics can help your company accelerate pipeline at operatics dotnet. You've been listening to 158 00:13:35.470 --> 00:13:39.389 BEDB revenue acceleration. To ensure that you never miss an episode, subscribe to 159 00:13:39.429 --> 00:13:43.899 the show in your favorite podcast player. Thank you so much for listening. 160 00:13:43.940 --> 00:13:45.059 Until next time,

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