Account-based selling is a strategic sales and marketing approach that focuses on engaging high-value customers. In account-based selling, sales and marketing teams work closely to identify key accounts parallel to the organization’s ideal customer profile.
Account-based selling (ABS) is a strategic approach to sales and marketing that focuses on targeting and engaging high-value accounts.
In this approach, sales and marketing teams work closely together to find ideal target accounts that center the company’s target market and revenue potential. After the target accounts are identified, sales and marketing teams collaborate to develop customized strategies.
The account-based selling (ABS) framework is a structured approach that outlines the steps and processes involved in implementing an account-based selling strategy. It provides a framework for targeting, engaging, and closing deals with specific high-value accounts.
Some best effective practices for implementing account-based selling effectively:
Top 10 account-based selling tools are as follows:
Here are a few examples of account-based selling:
These are short surveys that can be sent frequently to check what your employees think about an issue quickly. The survey comprises fewer questions (not more than 10) to get the information quickly. These can be administered at regular intervals (monthly/weekly/quarterly).
Having periodic, hour-long meetings for an informal chat with every team member is an excellent way to get a true sense of what’s happening with them. Since it is a safe and private conversation, it helps you get better details about an issue.
eNPS (employee Net Promoter score) is one of the simplest yet effective ways to assess your employee's opinion of your company. It includes one intriguing question that gauges loyalty. An example of eNPS questions include: How likely are you to recommend our company to others? Employees respond to the eNPS survey on a scale of 1-10, where 10 denotes they are ‘highly likely’ to recommend the company and 1 signifies they are ‘highly unlikely’ to recommend it.