Enterprise ABM vs broad targeting - which actually drives pipeline?
I've been running enterprise campaigns for about 4 years now, mostly in B2B SaaS. Lately I keep seeing this push from leadership to go all in on account based marketing. Heavy personalization, 1:1 campaigns, the whole deal. But I look at our numbers and our broad webinars and email blasts still bring in 60% of our SQLs each quarter, at half the cost per lead. On the flip side, the ABM accounts we do target convert at a higher rate once they hit the sales stage. Like 3 out of 10 ABM leads close vs maybe 1 out of 20 from broad campaigns. So there's a real trade off. My observation is that people in this space pick a side and act like the other is useless. Either "ABM is the only way" or "just spray and pray". I think there's a middle ground based on company size and sales cycle length. What's your experience? Do you split your budget between both approaches or go all in on one?