Account-based marketing (ABM) is
a strategic strategy that uses targeted campaigns that are tailored to each
account's needs while focusing sales and marketing resources on a specific
group of target accounts within a market. Because ABM is more focused than
other marketing tactics, it has a higher return on investment (ROI). It ensures
that the marketing and sales teams are working toward the same objectives and
improves alignment between them. Moreover, an account-based market enables more relevant and
individualized contacts with important prospects, which raises engagement
rates. It also makes it easier to comprehend target accounts more deeply, which
helps businesses better customize their offers and forge stronger, more
lucrative bonds with their clients. Shorter sales cycles are the outcome of
this strategic focus since marketing activities are concentrated.
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