B2B marketing is broken. ABM (account-based marketing) is the solution. ABM is B2B by Sangram Vajre and Eric Spett is the book your B2B firm didn't know it needed. For the longest time, B2B marketing has been monotonous and boring following a one-size-fits-all approach of advertising and counting leads. But, turns out, less than one percent of all such leads turn into actual customers!
ABM is B2B challenges the status quo in B2B marketing and introduces its own methodology of practicing ABM. ABM is about marketing to a specific audience, to the sort of potential customers you know can benefit from your product and will be interested in working with your firm. In this book, we examine how regular B2B marketing compares to ABM, analyze the marketing transformation from status-quo to ABM 2.0, and gain practical guidance for adopting an account-centric mindset in your B2B marketing.
Its guidelines are practical in many ways: The book uses real world examples to illustrate their ideas; it contains insightful statistics with citations that help drive its points home; it cites references to online resource to expound on the TEAM framework; and at the end, lists a directory of helpful podcast episodes on the subject.
All of that sounds amazing. But, in reality, this book was so hard to read. So, so, hard. I'm tempted to give it a zero rating just because of how boring it was.
Firstly, the book doesn't even define the terms it uses. I kept expecting it would at the right time; it didn't, and I was left lost halfway into the book when I decided to look up these terms myself. I learned more in 10 minutes on the internet than I had in the whole week it took me to get 40 pages into the book.
As a business student, I'm well-versed in business-related terminology. But such terminology is used by different writers with different connotations. My marketing textbook uses the word 'pipeline' to mean the same thing as 'supply-chain', but this book used it to mean something more specific and, unfortunately, I'm still unsure what that was – because they never explain! Even the central subject of the book, 'ABM', was not effectively defined. Other terms and acronyms such as 'funnel', 'C-Suite', 'CTO' could've really done with definitions.
Then, the writing. In some places, the book really dragged the simple points. The introduction that was 20 pages long could've easily been explained in less than 5 pages. While in others, the authors just expected you to understand the context - but I had no idea what they were talking about; for example, the entire section titled 'Strategy eats your tactics for breakfast', went over my head; I read it thrice over and had no idea what point was being made. To be fair, there were some areas where they delivered the information very well, such as the sections titled Engaging authentically and Orchestrating Multichannel Campaigns.
The writing was not engaging, and it had a one-sided excitement to it; it felt as if the authors were so pleased with their findings that at times, they just came across as know-it-alls, so to speak. The writing was also not very good at making the more important information stand out. It could've used bullet points and text formatting to do this, but they didn't.
If you're skimming through the book, and you most likely will be if you're a management level employee in the marketing department, you'll miss them. For example, in the section titled 'TARGET: CREATING YOUR IDEAL CUSTOMER PROFILE', the steps in creating an ICP are all lumped in paragraphs; I would've missed some important points had I not been reading carefully. They really could've used a diagram or two here.
Another problem I faced with this book was that my PDF copy had no navigation. I had a hard time grasping the structure of the points the book was making. Furthermore, I didn't even notice there was a glossary at the end of the book till I reached it!
I feel like the authors confused their intentions in writing this book. The introduction covers topics titled ‘WHY MOST B2B MARKETING SUCKS!’ and ‘The value of marketing is defined by sales’ which are things you would only tell people who do not know how ABM compares with regular marketing, and thus do not know what ABM really is. The synopsis on Amazon gives the impression that this book will tell you everything you need to know about ABM. Then, on page 73/200, nearly halfway through the book, the authors say this:
"The good news is that unlike a stranger in a strange land, you’re probably starting this adventure with a solid understanding of the fundamentals of account-based marketing. At least, we’re assuming you are. If not, there’s an earlier book about ABM that you might want to check out. "
What?!
The writers seem like very passionate marketers, they are not very good writers. Overall, I rate this book 2/4. I'm reducing one point for how boring it was, and another for failing to tell me early on that I was expected to know the basics of ABM before reading. The book was professionally edited, and I found no significant errors. It's hard to recommend this book to anyone since I did not enjoy any of it. But the book does contain a lot of information, however inefficiently put together, and can benefit a lot of readers. This book will be useful to people looking for effective marketing solutions. Just remember to read the glossary!