GITNUX REPORT 2024

Latest Account Based Marketing Statistics Show Impressive Revenue Growth Results

Unlocking the Power of Account Based Marketing: Key Statistics That Will Transform Your Strategy.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

41% of B2B marketers worldwide say they have an ABM strategy in place

Statistic 2

70% of marketers report using ABM, up from 15% in 2017

Statistic 3

67% of brands leverage account-based marketing

Statistic 4

45% of B2B marketers at large companies are using ABM

Statistic 5

92% of B2B marketers consider ABM extremely or very important to their overall marketing efforts

Statistic 6

62% of companies have a full ABM program in place or are running a pilot program

Statistic 7

93% of B2B companies say ABM is extremely or very important to their organizational success

Statistic 8

42% of marketers say they have been using ABM for more than 6 months

Statistic 9

50% of B2B marketers say they plan to increase ABM spending

Statistic 10

73% of B2B marketers plan to increase ABM budgets

Statistic 11

70% of marketers report using ABM, up from 15% in 2017

Statistic 12

75% of marketers believe ABM improves customer relationships

Statistic 13

56% of companies use ABM to retain and expand existing client relationships

Statistic 14

84% of businesses say ABM provides significant benefits to retaining and expanding client relationships

Statistic 15

71% of companies that use ABM report improved relationships with their target accounts

Statistic 16

79% of ABM users report improved customer lifetime values

Statistic 17

80% of marketers say ABM improves customer lifetime values

Statistic 18

80% of marketers report improved customer lifetime value with ABM

Statistic 19

84% of B2B marketers say ABM provides significant benefits to retain and expand existing client relationships

Statistic 20

84% of B2B marketers say ABM provides significant benefits to retain and expand existing client relationships

Statistic 21

91% of companies using ABM increase their average deal size, with 25% reporting an increase of 50% or more

Statistic 22

33% of marketers using ABM have seen a 50% increase in contract value

Statistic 23

45% of ABM programs result in double the average contract value

Statistic 24

91% of companies using ABM increase their average deal size

Statistic 25

86% of marketers report improved win rates with ABM

Statistic 26

91% of companies using ABM increase their average deal size

Statistic 27

91% of companies using ABM increase their average deal size, with 25% reporting an increase of 50% or more

Statistic 28

91% of companies using ABM increase their average deal size

Statistic 29

97% of marketers say ABM delivers higher ROI than other marketing initiatives

Statistic 30

Companies using ABM generate 208% more revenue for their marketing efforts

Statistic 31

84% of marketers say ABM delivers higher ROI than other marketing approaches

Statistic 32

87% of account-based marketers say ABM initiatives outperform other marketing investments

Statistic 33

60% of companies that use ABM for at least a year report a revenue increase of at least 10%

Statistic 34

80% of marketers measuring ROI say that ABM outperforms other marketing investments

Statistic 35

85% of marketers who measure ROI describe ABM as delivering higher returns than any other marketing approach

Statistic 36

87% of B2B marketers say ABM delivers a higher ROI than other marketing activities

Statistic 37

77% of marketers believe ABM has driven greater success for their target accounts

Statistic 38

60% of those who have employed ABM for at least a year attribute a revenue increase of 10% or more to its use

Statistic 39

87% of marketers say ABM delivers better ROI than other types of marketing

Statistic 40

55% of B2B organizations using ABM for more than a year report over 10% increase in revenue

Statistic 41

75% of ABM users saw a 10% or greater ROI within 12 months

Statistic 42

84% of B2B marketers say ABM delivers higher ROI than other types of marketing

Statistic 43

97% of marketers achieved higher ROI with ABM than with other marketing initiatives

Statistic 44

85% of marketers who measure ROI say ABM delivers higher returns than any other approach

Statistic 45

87% of B2B marketers say ABM outperforms other marketing investments

Statistic 46

87% of account-based marketers say ABM initiatives outperform other marketing investments

Statistic 47

75% of organizations using ABM for at least one year exceed their revenue goals

Statistic 48

97% of marketers report ABM has higher ROI than other marketing activities

Statistic 49

85% of marketers who measure ROI describe ABM as delivering higher returns than any other marketing approach

Statistic 50

60% of companies that use ABM for at least a year report a revenue increase of at least 10%

Statistic 51

87% of B2B marketers state that ABM initiatives outperform other marketing investments

Statistic 52

80% of marketers measuring ROI say that ABM outperforms other marketing investments

Statistic 53

97% of marketers achieved higher ROI with ABM than with other marketing initiatives

Statistic 54

75% of organizations using ABM for at least one year exceed their revenue goals

Statistic 55

87% of account-based marketers say ABM initiatives outperform other marketing investments

Statistic 56

50% of companies piloting ABM report improved sales and marketing alignment

Statistic 57

82% of B2B marketers say ABM improves sales and marketing alignment

Statistic 58

66% of marketers report improved coordination with sales through ABM

Statistic 59

82% of B2B marketers say ABM significantly improves sales and marketing alignment

Statistic 60

70% of ABM users report better alignment with sales

Statistic 61

66% of marketers report improved sales and marketing alignment as a result of ABM

Statistic 62

66% of marketers report improved coordination with sales through ABM

Statistic 63

82% of B2B marketers say ABM significantly improves sales and marketing alignment

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Summary

  • 97% of marketers say ABM delivers higher ROI than other marketing initiatives
  • Companies using ABM generate 208% more revenue for their marketing efforts
  • 91% of companies using ABM increase their average deal size, with 25% reporting an increase of 50% or more
  • 84% of marketers say ABM delivers higher ROI than other marketing approaches
  • 87% of account-based marketers say ABM initiatives outperform other marketing investments
  • 60% of companies that use ABM for at least a year report a revenue increase of at least 10%
  • 80% of marketers measuring ROI say that ABM outperforms other marketing investments
  • 41% of B2B marketers worldwide say they have an ABM strategy in place
  • 70% of marketers report using ABM, up from 15% in 2017
  • 67% of brands leverage account-based marketing
  • 45% of B2B marketers at large companies are using ABM
  • 92% of B2B marketers consider ABM extremely or very important to their overall marketing efforts
  • 62% of companies have a full ABM program in place or are running a pilot program
  • 75% of marketers believe ABM improves customer relationships
  • 85% of marketers who measure ROI describe ABM as delivering higher returns than any other marketing approach

Move over traditional marketing strategies, Account Based Marketing (ABM) is here to steal the spotlight with jaw-dropping statistics that will make you rethink your entire marketing game plan. From sky-high ROI to revenue boosts that make Scrooge McDuck jealous, the data doesnt lie: companies leveraging ABM are laughing all the way to the bank. With 97% of marketers hailing ABM as the golden goose of marketing initiatives and 208% increased revenue as proof, it’s time to jump on the ABM bandwagon and watch your sales soar faster than a SpaceX rocket.

Adoption and Strategy

  • 41% of B2B marketers worldwide say they have an ABM strategy in place
  • 70% of marketers report using ABM, up from 15% in 2017
  • 67% of brands leverage account-based marketing
  • 45% of B2B marketers at large companies are using ABM
  • 92% of B2B marketers consider ABM extremely or very important to their overall marketing efforts
  • 62% of companies have a full ABM program in place or are running a pilot program
  • 93% of B2B companies say ABM is extremely or very important to their organizational success
  • 42% of marketers say they have been using ABM for more than 6 months
  • 50% of B2B marketers say they plan to increase ABM spending
  • 73% of B2B marketers plan to increase ABM budgets
  • 70% of marketers report using ABM, up from 15% in 2017

Interpretation

Well, it seems like Account Based Marketing (ABM) is the new black in the world of B2B marketing! With percentages flying around like confetti at a celebration, it's clear that ABM is no longer just a buzzword – it's a strategic necessity. Marketers are embracing ABM like a long-lost friend, with a whopping 70% reporting its usage, a significant jump from a measly 15% back in 2017. It's not surprising that 92% of B2B marketers view ABM as crucial to their overall marketing efforts – after all, who doesn't love targeting specific accounts like a marketing ninja? So, if you're not on the ABM bandwagon yet, it might be time to jump aboard before your competitors snag all the VIP passes to success!

Customer Relationships

  • 75% of marketers believe ABM improves customer relationships
  • 56% of companies use ABM to retain and expand existing client relationships
  • 84% of businesses say ABM provides significant benefits to retaining and expanding client relationships
  • 71% of companies that use ABM report improved relationships with their target accounts
  • 79% of ABM users report improved customer lifetime values
  • 80% of marketers say ABM improves customer lifetime values
  • 80% of marketers report improved customer lifetime value with ABM
  • 84% of B2B marketers say ABM provides significant benefits to retain and expand existing client relationships
  • 84% of B2B marketers say ABM provides significant benefits to retain and expand existing client relationships

Interpretation

Account Based Marketing (ABM) seems to be the ultimate matchmaker of the marketing world, with statistics showing that it's like the cupid of customer relationships. With a whopping 84% of businesses swearing by ABM's ability to nurture and grow client connections, it's clear that this strategy is not just a one-night stand in the marketing playbook. In fact, ABM users are reporting improved relationships, higher customer lifetime values, and significant benefits left, right, and center. So, if you're looking to wine and dine your clients in the world of B2B marketing, ABM might just be the perfect wingman to help you seal the deal with those elusive target accounts.

Deal Size and Conversion

  • 91% of companies using ABM increase their average deal size, with 25% reporting an increase of 50% or more
  • 33% of marketers using ABM have seen a 50% increase in contract value
  • 45% of ABM programs result in double the average contract value
  • 91% of companies using ABM increase their average deal size
  • 86% of marketers report improved win rates with ABM
  • 91% of companies using ABM increase their average deal size
  • 91% of companies using ABM increase their average deal size, with 25% reporting an increase of 50% or more
  • 91% of companies using ABM increase their average deal size

Interpretation

In a world where the hunt for bigger deals is a competitive sport, Account Based Marketing emerges as the MVP with a winning streak that would make even the most seasoned sales veteran envious. With a success rate higher than a cat video's view count, ABM is not just leveling up deal sizes, it's practically sending them into orbit. Marketers using ABM are seeing contract values soar higher than a SpaceX launch, with double the average contract value becoming as common as Monday morning coffee. So, if you're not on the ABM bandwagon yet, you might want to consider jumping on board before your competition leaves you in the dust, chasing after the crumbs of those 91% of companies gleefully increasing their average deal size.

ROI and Performance

  • 97% of marketers say ABM delivers higher ROI than other marketing initiatives
  • Companies using ABM generate 208% more revenue for their marketing efforts
  • 84% of marketers say ABM delivers higher ROI than other marketing approaches
  • 87% of account-based marketers say ABM initiatives outperform other marketing investments
  • 60% of companies that use ABM for at least a year report a revenue increase of at least 10%
  • 80% of marketers measuring ROI say that ABM outperforms other marketing investments
  • 85% of marketers who measure ROI describe ABM as delivering higher returns than any other marketing approach
  • 87% of B2B marketers say ABM delivers a higher ROI than other marketing activities
  • 77% of marketers believe ABM has driven greater success for their target accounts
  • 60% of those who have employed ABM for at least a year attribute a revenue increase of 10% or more to its use
  • 87% of marketers say ABM delivers better ROI than other types of marketing
  • 55% of B2B organizations using ABM for more than a year report over 10% increase in revenue
  • 75% of ABM users saw a 10% or greater ROI within 12 months
  • 84% of B2B marketers say ABM delivers higher ROI than other types of marketing
  • 97% of marketers achieved higher ROI with ABM than with other marketing initiatives
  • 85% of marketers who measure ROI say ABM delivers higher returns than any other approach
  • 87% of B2B marketers say ABM outperforms other marketing investments
  • 87% of account-based marketers say ABM initiatives outperform other marketing investments
  • 75% of organizations using ABM for at least one year exceed their revenue goals
  • 97% of marketers report ABM has higher ROI than other marketing activities
  • 85% of marketers who measure ROI describe ABM as delivering higher returns than any other marketing approach
  • 60% of companies that use ABM for at least a year report a revenue increase of at least 10%
  • 87% of B2B marketers state that ABM initiatives outperform other marketing investments
  • 80% of marketers measuring ROI say that ABM outperforms other marketing investments
  • 97% of marketers achieved higher ROI with ABM than with other marketing initiatives
  • 75% of organizations using ABM for at least one year exceed their revenue goals
  • 87% of account-based marketers say ABM initiatives outperform other marketing investments

Interpretation

It seems like the numbers don't lie when it comes to Account Based Marketing (ABM), with statistics painting a pretty compelling picture of its success. With percentages flying left and right, it's clear that ABM is not just a passing trend but a powerhouse strategy that brings home the bacon in terms of ROI and revenue generation. If these stats were a movie, they'd definitely be the box office hit of the marketing world, leaving traditional approaches eating their dust. It's time to give ABM the gold star it deserves and let those numbers speak for themselves – 97% of the time!

Sales and Marketing Alignment

  • 50% of companies piloting ABM report improved sales and marketing alignment
  • 82% of B2B marketers say ABM improves sales and marketing alignment
  • 66% of marketers report improved coordination with sales through ABM
  • 82% of B2B marketers say ABM significantly improves sales and marketing alignment
  • 70% of ABM users report better alignment with sales
  • 66% of marketers report improved sales and marketing alignment as a result of ABM
  • 66% of marketers report improved coordination with sales through ABM
  • 82% of B2B marketers say ABM significantly improves sales and marketing alignment

Interpretation

In the world of Account Based Marketing, statistics serve as the compass guiding companies towards the elusive land of improved sales and marketing alignment. With a flurry of impressive numbers, it seems that ABM is the secret sauce for harmonizing these traditionally discordant teams. If these stats were a recipe, they would be seasoned with 82% of B2B marketers' approval and sprinkled with a generous 66% agreement on improved coordination with sales. So, as the ABM bandwagon rolls on, one thing is clear - alignment is no longer just a buzzword but a tangible reality, supported by the overwhelming evidence of those who have tasted the sweet fruits of ABM success.

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