Positive changes. That’s what the start of a new year is all about. New goals, new outlooks and new journeys. And today, this couldn’t be more true for Avention as it joins the Dun & Bradstreet family.
For more than 30 years, OneSource Solutions by Avention have fueled customers’ data-driven B2B sales and account-based marketing (ABM) strategies. We’ve continued to expand the ways customers can align sales and marketing priorities through data insights, and we are now recognized as the single, go-to source for actionable business information. Our mission has always been to give our customers the data and insights to grow their businesses. That mission won’t change as we join Dun & Bradstreet; it will only grow stronger.
Dun & Bradstreet is a market leader that has helped businesses to align their data, systems and relationships with the world’s largest commercial database of more than 265 million business records, 30,000+ sources across 190 countries for more than 175 years. Our companies share complementary values and a belief that data and analytics will always be at the core of our customers’ successes. Avention’s platform combined with Dun & Bradstreet’s global database brings B2B sales and marketing professionals an integration of mission-critical data and timely sales and marketing intelligence, allowing our customers to achieve even greater business triumphs.
This acquisition, in combination with their previous acquisition of NetProspex, Dun & Bradstreet’s Hoover’s product and Strategic Alliance solutions (such as its partnership with Salesforce.com), furthers the commitment and investment Dun & Bradstreet has made to be the best in the industry for data, analytical applications and technology. It also positions Dun & Bradstreet as a leader in the Sales Acceleration market, which provides B2B sales and marketing professionals with actionable market and company information enhanced by software.
It is an important milestone for both companies and for our industry. We achieved it through the incredible work of our team members, and I can’t thank them enough for their dedication and drive. Customers can expect the same level of service from their sales and support teams. We’ll be in touch in the coming months about product integration and new opportunities to come from the acquisition.
Thank you for your continued support.
If you would like to learn more, check out the news release.
PART 8 OF THE #WINWITHABM BLOG SERIES
Having managed both sales and marketing teams in my career, I realize the importance of an account-based approach on both sides of the house. And while both teams have probably been taking account-based approaches for years now, this is the first time in my career I’m actually seeing the ability for those teams to leverage the same approach at the same time to really make an impact on the company’s bottom line. It’s the first time that I believe Account-Based Marketing (and Sales) will be scalable enough and replicable enough that it will become a fixture in modern day campaign strategies.
While I have many thoughts on what companies can do to increase their success with an Account-Based Marketing (ABM) program, I have narrowed it to my top three.
- Don’t start with engagement or execution
At Avention we like to say “Execution without proper account selection wastes effort. Engagement without sales and marketing alignment wastes opportunity”. I see too many companies jump straight into execution and engagement without first making sure they have the right accounts and contacts and making sure their sales and marketing teams are on the same page. How will you even know what message to convey to the prospects, let alone how to measure the impact, if you aren’t aligned from the beginning?
- Align sales and marketing teams
This is a critical and crucial step, and I think almost every blogger in this series has mentioned it. If these two teams don’t agree up front on target accounts and contacts, approaches, and goals, it’s very unlikely that the result to the bottom line will be large enough to sustain funding such programs. One of the key first steps in making sure these teams are aligned is making sure they are working from the same data set for accounts and contacts. This real-time, single view of the customer/prospect is key to making timely joint decisions.
- Invest in data
It’s probably no surprise this would be in my top three, but it is absolutely imperative. If you are working on assumptions or guesses in this day and age, you are simply cooking up a recipe for failure. Everything can now be analyzed and measured, and your ABM programs should be no exception. Take the time to clean your data, go through a match and append process to make sure your data is up-to-date, and take time to analyze your current customer base and find look-alikes that will yield the best ROI for your company.
The bottom line is, spend the time to do the legwork. Align your sales and marketing teams and invest in your data so that you are building your Account-Based Marketing program on a solid foundation. It may take some extra resources and effort up front, but you will reap the rewards at scale if you do it right.
Follow #WinWithABM on Twitter for more great tips!