“My CRO colleagues are saying 6sense and DemandBase may not be worth the money theyโre spending.” (from a CMO prospect of ours).
โณ When the golfer’s ball lands in the water, is it the clubs or the golfer?
๐ ๐ซ๐๐๐ฌ๐จ๐ง๐ฌ ๐ฒ๐จ๐ฎ ๐๐ซ๐๐ง’๐ญ ๐ ๐๐ญ๐ญ๐ข๐ง๐ ๐๐๐ ๐จ๐ฎ๐ญ ๐จ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐๐ ๐ฉ๐ฅ๐๐ญ๐๐จ๐ซ๐ฆ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ (based on our experience of hundreds across a variety of industries):
1๏ธโฃ Poor data quality (completeness, accuracy) and/or ICP mismatch
2๏ธโฃ Lack of consistent data governance processes
3๏ธโฃ Lack of clear ABX use cases for end users
4๏ธโฃ Insufficient training and change management to accommodate an ABX process or how to use its key ingredients like intent data
5๏ธโฃ Lack of aligned content – missing right message, right delivery (see #1)
6๏ธโฃ Improper implementation and configuration leading to poor adoption
7๏ธโฃ Lack of integration of ABX/ABM into workflow of users
8๏ธโฃ Disconnected islands of reporting across marketing/sales tech stack, so can’t really see what works
9๏ธโฃ Siloed usage by just marketing or sales, without cross-functional alignment on key objectives
๐ Organizational resistance and lack of buy-in, especially from sales teams โThis is a Marketing projectโ
๐ฎ “Move up market.” Board edicts disconnected from how transactional sellers sell, a skills gap (bonus reason)
๐ฏ Miss any or a combo of these, reporting on what works or doesn’t work suffers. Accurate reporting is a MUST do in this environment.
All of these items are under the control of the company but requires work/effort just like practice requires work/effort.