Trust & Proof: Educating the C-Suite on ABM and Nearbound Strategies

abm account-based marketing business growth c-suite marketing marketingstrategy nearbound strategy pilot programs Sep 21, 2024
 

 

In our recent LinkedIn Live session, we explored the challenges of bridging the gap between marketing teams and the C-suite when implementing Account-Based Marketing (ABM) and Nearbound strategies. A recurring theme emerged: trust and proof. Our squad leaders—Peter, Paola, and Bryant—shared their insights on how to gain buy-in from executives and align teams for success. Here’s a breakdown of their perspectives.

Peter: Trust and Proof – Building Bridges with Real-World Examples

Peter opened the discussion by highlighting two critical factors when working with the C-suite: trust and proof.

“If you're coming in cold and you haven't built that trust yet, they're always going to be skeptical,” he explained. According to Peter, executives are often hesitant to abandon tried-and-true methods, especially in times of market uncertainty. However, he emphasized the importance of showcasing real-world examples to break down these barriers.

In his experience, the best results come from demonstrating data-backed strategies. One of his successful approaches involved walking clients through real customer journeys, revealing how different channels and touchpoints work together to convert leads. “Being able to show them actual examples rather than just theory is very powerful,” Peter noted. By building trust through transparency and showing proof through successful campaigns, he was able to gain executive buy-in for new marketing initiatives.

Paola: Change Management and the Journey to Understanding

Paola highlighted a common problem: the C-suite’s outdated understanding of marketing strategies. “They still think that marketing is just burning through budgets,” she remarked. To address this, Paola emphasized that educating the C-suite on modern strategies like ABM and Nearbound is not a one-time training session; it's an ongoing change management process.

She shared a success story about a SaaS client who had initially been skeptical of ABM. The middle management wanted to implement ABM, but they faced resistance from the executives. The solution? Running a pilot program, providing executive education sessions, and showcasing early wins and measurable results. “It's not one action,” Paola stressed. “It takes time and a combination of actions.” Over a few months, the C-suite’s skepticism turned into conviction, eventually leading to a full-scale rollout of ABM.

Paola’s experience underscores the importance of guiding executives step-by-step through the process, using language they understand, and providing them with a clear roadmap of success. “Once they get it and see the first successes, the rest of the journey becomes much smoother,” she added.

Bryant: Creating a Shared Vocabulary and Vision

Bryant drew attention to the gap in understanding between the C-suite and the rest of the organization, emphasizing the need for a shared vocabulary. “There wasn't a clear definition or a high-resolution vision that was shared between the C-suite and the middle management,” he explained.

Bryant’s approach to building trust involved putting the C-suite in the position of the target account. By showing executives personalized advertising campaigns and demonstrating how they would interact with sales processes, he made the strategies real for them. The turning point came when the CEO personally noticed a targeted ad and said, “Look, they’ve got our business name on the ad.” This hands-on experience helped the C-suite understand the potential impact of these strategies.

To Bryant, alignment hinges on shared goals and clear communication. By connecting marketing efforts to the company’s core beliefs and demonstrating how ABM and Nearbound can influence the bottom line, the C-suite can begin to see the value in these modern tactics.

Emma’s Closing Thoughts: Quality Questions and Forward Planning

Wrapping up the session, Emma emphasized that building trust with the C-suite also involves forward planning and transparent communication. “Prepare the C-suite as much as you can,” she advised, discussing how managing expectations and forewarning potential hurdles helps build trust.

She called for both the C-suite and marketing teams to reflect on their communication styles, urging them to establish a shared vocabulary. Emma suggested that quality questions and an agreed-upon understanding of key metrics could truly bridge the gap and lead to better alignment across the organization.

Key Takeaways: Trust & Proof as the Cornerstones of Alignment

  1. Build Trust Through Transparency: Gaining executive buy-in requires building trust first. Use real-world examples and walk them through customer journeys to showcase the effectiveness of ABM and Nearbound strategies.
  2. Proof via Pilot Programs: Run small-scale pilot programs to demonstrate measurable results. Early wins help to turn skepticism into support and pave the way for full-scale adoption.
  3. Ongoing Education: Change management is a process. Provide tailored executive education, bring the C-suite along the journey, and use data to tell compelling stories.
  4. Create a Shared Vocabulary: Establish a shared vision by connecting new strategies to the company’s core beliefs and clearly defining key metrics. This alignment fosters collaboration and smooth execution of new marketing initiatives.
  5. Forward Planning: Anticipate potential challenges and prepare the C-suite for them. Demonstrating readiness and strategic foresight builds confidence in your approach.

By focusing on building trust and providing proof, marketing teams can bridge the gap between themselves and the C-suite, ensuring a successful implementation of ABM and Nearbound strategies.

Next Steps: In our upcoming LinkedIn Live, we'll dive deeper into how different communication styles influence trust-building and discuss practical ways to align the C-suite and marketing teams on ABM and Nearbound strategies. Stay tuned!

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