Definition
A targeted B2B strategy that treats individual high-value accounts as markets of one, essentially putting all your eggs in a few carefully selected baskets. It's the sniper rifle approach versus the shotgun spray of traditional marketing.
Example Usage
Our account-based marketing campaign landed three Fortune 500 clients by creating personalized content for each C-suite executive.
Origin
Coined by ITSMA (Information Technology Services Marketing Association) in 2004 as a formalized approach to enterprise sales.
Fun Fact
ABM flips the traditional sales funnel upside down by starting with specific target accounts rather than casting a wide net and filtering down.
Source: B2B marketing strategy frameworks
Related Terms
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