Buying groups

For B2B sales and marketing activities, accounts are key to any strategy. Each account has a group of people associated with it, and these people may be employees of the account or contractors who work with the account. Accounts are hierarchical, and different products might be sold at different levels in the hierarchy. For example, Adobe Experience Platform might be sold at the corporate level to a top-level account, while Adobe Photoshop might be sold to an account that represents a division or department within an organization, such as a design department within a larger corporation.

{width="800"}

Within the account, there could be a subset of people who comprise the buying group. These are the people that ultimately make the purchase decision, so they need special attention from the marketer and might need different information delivered to them than the other people associated with the account. Buying groups may comprise a different group of people for different product lines or offerings. For example, a cybersecurity product might typically require a Chief Information Officer or Chief Security Officer, and a representative from the Legal department to approve a purchase, but a bug tracking product might typically have a VP of Engineering and an IT Director as members of the buying group.

{width="30"} Watch the video overview

Key components

You can increase marketing effectiveness by establishing buying groups in Journey Optimizer B2B Edition that identify missing members for your target account lists based on the solutions that your Sales teams are responsible for selling. Before you and your Marketing team start creating your buying groups, make sure that you have the key components defined. These components are critical for meeting your business goals and objectives.

Buying group workflow

View buying groups and components

On the left navigation, expand Accounts and click Buying groups.

The Buying groups page is organized as tabs:

Buying group search and filter

Use the Browse tab to view the list of buying groups. You can search by name and filter the list by solution interest.

{width="800" modal="regular"}

Buying group details

To access details for a buying group, click the buying group name from the Browse tab. Learn more

{width="600" modal="regular"}

Buying group completeness score

The completeness score is used to determine if the buying group is complete, which means that it has the right members assigned to the roles and is ready to be used in an account journey. This score is a percentage based on the number of roles within the buying group and how many roles are assigned with at least one lead.

For example, if there are four roles within a buying group and three out of the four roles are assigned to at least one lead, the buying group is 75% complete.

The buying group completeness score is re-calculated every time a buying group is created or updated.

Buying group engagement score

Buying group engagement score is a number to determine the engagement of the members of a buying group, based on the activities they perform.

Weighting

Users can assign weighting to each role in the roles template to allocate different weights for a role to calculate the engagement score.

{width="700" modal="regular"}

Each weighting level translates to a value, which is used for calculating the engagement score:

A roles template with three roles weighted as Vital, Important, and Normal convert to the following weighted percentages:

Calculation example

The following example illustrates the engagement score calculation using the outlined role weight percentage, count of inbound activities for each member of the buying group, and a daily cap of 20 count for each event (if it has occurred multiple times).

The final engagement score is calculated by applying the weighting for each of the role scores:

Overview video