Account-Based Attribution account-based-attribution

With the rise of Account-Based Marketing (ABM), it is important to understand how Marketo Measure can complement your ABM strategy. Marketo Measure surfaces each touchpoint for each lead and contact under your accounts.

The What the-what

When there are multiple Opportunities under one Account, the different Opportunities share the first two Touchpoints - the First Touch (FT) & Lead Creation (LC). When new Opportunities are created, their individual revenue amount is allocated across the Touchpoints that contributed to moving the Opportunity further down the funnel. It is important to note, Touchpoints that are tied Opportunities are considered Buyer Attribution Touchpoints (BATs).

For example, the Account below has two Opportunities. For the first Opportunity, it only has one Touchpoint. That Touchpoint encompasses the FT, LC, and the Opportunity Creation (OC) Touchpoint. The second Opportunity has the same FT & LC as the first Opportunity, but the OC Touchpoint is different. As well, the second Opportunity has additional Touchpoints that are not associated to the first Opportunity, due to them occurring after the first Opportunities’ close date.

How Does This Help? how-does-this-help

Since Marketo Measure is surfacing all the marketing interactions tied to your accounts, marketers get a better understanding of what accounts are likely to close, how often they’ve engaged with your company, what those engagements are, how much revenue each engagement is worth, and so on.

With Marketo Measure and an ABM approach, marketing performance is based off revenue. If you are thinking of moving to an Account Based Marketing approach, check out the CMO’s Guide to ABM Orchestration, which walks you through the planning, execution, and measurement phases of ABM orchestration.