SAN FRANCISCO, April 19, 2016 /PRNewswire/ -- Demandbase, the leader in Account-Based Marketing (ABM), today launched a next generation ABM solution for Oracle Marketing Cloud. With Demandbase Account-Based Marketing Automation, B2B marketers can now implement account-specific campaigns directly in Oracle Eloqua Marketing Automation, accelerating conversion rates and driving revenue from qualified marketing leads. The Account-Based Marketing Automation solution is built on the Oracle Marketing AppCloud Framework and enables companies to run account based campaigns to their most important prospects and customers directly within Oracle Eloqua.
"CSC has long recognized that to be successful, we must not simply market to individuals, but instead focus on buying committees within key accounts," said Chris Marin, senior principal, Digital Marketing Platform & Analytics, CSC. "Demandbase Account Based Marketing Automation for Oracle Eloqua is a positive step forward that helps align our Marketing Automation system with our ABM approach. Besides enriching and cleaning both contact and account type records, this new tool helps identify the linkage between people and the companies they work for as well as reveals net new accounts. This integration will transform our ability to deliver account centric programs and take our ABM strategy to a new level."
ABM adoption is accelerating across industries and changing the way the B2B community measures marketing performance. SiriusDecisions states that more than 90 percent of companies call ABM a B2B must-have. According to ITSMA, 84 percent of B2B marketers say that ABM delivers a higher ROI than any other approach.
"The combination of Account-Based Marketing and marketing automation is a big step forward for the industry," said Craig Rosenberg, chief analyst at TOPO. "Over the last year, we have seen B2B Marketers move in droves to account-based approaches. As they transition to focus on key accounts, marketers want to leverage existing marketing automation investments. By delivering account-level campaign management from within the marketing automation system, Demandbase with Oracle Marketing Cloud addresses a critical market need."
With more than three billion web visits identified and appended each month, Demandbase has built the gold standard for account data that includes rich firmographic data and behavioral information. Demandbase Account-Based Marketing Automation leverages this to append companies' first party data by joining contacts to their corresponding accounts. With a layer of parent accounts, marketers can, for the first time, easily execute account-specific campaigns right from Oracle Eloqua. It also extends Oracle Eloqua's lead scoring to include an Account Score, which shows the level of engagement at the account level, rather than just among individuals. The new offering enhances Demandbase's portfolio of Account-Based Marketing solutions, including advertising, personalization, conversion and measurement solutions.
"We see CMOs embracing Account-Based Marketing at an increasing pace and wanted to enable our customers to better target, engage and convert opportunities by better linking activities and data across a single account," said Kevin Akeroyd, general manager and senior vice president for Oracle Marketing Cloud. "With Demandbase's data platform that was built specifically for the needs of the B2B marketer, as an integral part of the Oracle Marketing Cloud's ABM strategy, we are enabling our customers to deliver more relevant experiences based on an individuals' role within an account."
Demandbase Account-Based Marketing Automation makes it easy to deliver significant customer experiences and helps to demonstrate marketing's impact on the business. B2B marketers can now use Oracle Eloqua to:
- Increase conversions by eliminating online form fields and dynamically appending submissions with more accurate and standard account data
- Automatically append historical lead and contact data with standardized account data
- Enable account-based campaigns within Oracle Eloqua to improve nurturing processes
- Leverage Demandbase's Account Score to trigger campaigns and workflow at the account level
- Target the entire buyer committee from their most important accounts and deliver a consistent experience across the organization
With the ability to execute campaigns by accounts, sales and marketing teams can prioritize and align around the same specific accounts.
"ABM is the strategy that is bringing marketing and sales teams together to better compete in the market and win customers," said Chris Golec, chief executive officer of Demandbase. "I am excited to build on the long standing relationship we have had with Oracle and look forward to dramatically improving how B2B marketers nurture their accounts."
The companies will discuss this news at Demandbase's Marketing Innovation Summit for B2B held on April 20-21 in San Francisco, where Akeroyd will be speaking.
Demandbase, the leader in Account-Based Marketing, enables B2B companies to identify and target the accounts they value most, and then market to them across the entire funnel. The Demandbase B2B Data Cloud is the definitive B2B database and technology for targeting accounts and specific segments within those accounts. The B2B Data Cloud supports customers across their existing, full marketing technology stack and powers The Demandbase B2B Marketing Cloud, which is one of the only subscription-based ad targeting and web personalization solutions that lets marketers connect campaigns directly to revenue. The B2B Marketing Cloud is powered by patented technology, which allows companies to identify the accounts they value most and personalize their digital marketing efforts to them. With Demandbase, businesses can target, engage, convert and retain the customers that matter most to their bottom line. Enterprise leaders and high-growth companies such as Adobe, Salesforce.com, Box, CSC, DocuSign, Dell and others use Demandbase to drive Account-Based Marketing and maximize their marketing performance. More information can be found at http://www.demandbase.com or by following the company on Twitter @Demandbase.
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