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Evolution of ABM: From Traditional Targeting to AI-Driven Precision | OnBase Podcast
Demandbase · Watch on YouTube · Generated with SnapSummary · 2026-03-19

00:01 [Music]

00:05 Hey everyone, welcome back to the

00:06 homebased podcast. I am your host Chris

00:08 Moody and today we're thrilled to have

00:10 Jason Materno with us to discuss the

00:12 evolution of ABM from traditional

00:15 targeting to AIdriven precision. Jason,

00:19 thanks for joining us today and welcome

00:20 to the show. Yeah, thanks for having me,

00:22 Chris. Really excited. Awesome. Well,

00:25 we're pumped to have you here. I know

00:27 you're joining from San Antonio. We were

00:29 just talking about how a very painful

00:31 loss for my favorite basketball team,

00:32 Duke in San Antonio. But uh maybe part

00:36 of your journey is what led you to San

00:38 Antonio, but we love to start with you

00:40 telling us a bit about what led you to

00:42 what you're doing today.

00:44 Yeah. Well, uh like I said, I I kind of

00:47 love to start with the short version. Um

00:50 I think you know, I'm in Texas now. I'm

00:53 a CEO of a Martekch company, Full Circle

00:56 Insights. and I'd say, you know, started

01:00 selling software building companies in

01:02 the 2000s uh in snowy Canada and uh a

01:06 lot of things in between and now now I'm

01:08 down in uh San Antonio. So, it's sort of

01:10 been a really interesting ride. But on

01:12 the ABM side, you know, we're talking

01:14 about ABM. I think I started my career

01:17 doing ABM. Uh maybe used to call it old

01:20 school personalized enterprise sales.

01:22 Now it's called ABM. and now I'm selling

01:25 and doing ABM. Um, and so I just love

01:29 the topic. Um, I know it's a popular

01:31 topic uh for marketers and sellers. So

01:34 that's kind of the the skinny version

01:36 and uh, you know, happy to sort of

01:39 extend that out if if we want to get

01:41 into it. Yeah. Yeah. Let's uh let's pull

01:44 in the thread for ABM. I'd love to know

01:46 what led you to focus on accountbased

01:49 marketing. And one thing that I do like

01:50 that you said, we used to say this a lot

01:53 when I was an analyst, especially to

01:54 sellers. The best sellers have always

01:57 been doing accountbased, right? It's not

01:59 this totally new thing, but I'd love to

02:01 hear about what made you passionate to

02:04 focus on it. Yeah. I I think so. For me,

02:07 it's I was looking I was thinking about

02:09 this the other day. I think it's been

02:11 this kind of progression where you know

02:13 first company that I started out of uh

02:16 college in Toronto. We we were building

02:20 we basically were buying Dell servers

02:22 loading our software like everyone was

02:25 doing in the 2000s and uh and we were

02:28 doing enterprise sales. So you know I

02:30 was part of the founding team and the

02:33 the whole thing was around

02:35 accountbased selling penetration things

02:37 like that and at the time uh it wasn't

02:40 like I was taking notes saying okay all

02:42 right I'm doing APM this early in my

02:44 career and then every company um I've

02:47 been mostly focused on selling

02:50 enterprise uh selling maybe smaller

02:53 things into into accounts and I think

02:58 being at full circle as CEO where we

03:01 sell ABM measurement products sort of

03:04 similar you guys sell uh and have

03:07 products like similarly you know we

03:08 partner with a couple joint customers at

03:11 demand base um I think looking at all

03:14 that it was like a progression and I

03:16 hadn't really noted down that you know

03:18 at every company um it was it was a

03:20 thing but um that that's that's what

03:23 I've been kind of living and breathing

03:24 for 20 years um I probably have a lot of

03:27 contrarian points

03:29 um on both sales and the marketing side,

03:32 which which is sort of maybe just my

03:34 personality, but I think the the the net

03:36 of it is that I've always been doing it.

03:39 Maybe it's been called something else

03:41 and uh and now we're in the business of

03:44 selling it uh and obviously uh using it

03:47 to our advantage to to grow full circle.

03:49 So, I think it's been sort of with me

03:50 for for my whole career. Uh and and now

03:54 and now I'm sort of looking back

03:57 uh I I could say like yeah that that's

04:00 kind of how how I got here and and and

04:02 why I've been really excited to do it.

04:05 But it wasn't very uh intentional like

04:07 it wasn't a master plan uh so to speak

04:09 as as life is right. So it's kind of

04:12 it's kind of been fun to look at it that

04:13 way at least. Cool. Yeah. I love that.

04:16 And you know when you look back what are

04:19 a few of the moments that stand out? So

04:21 if you're thinking of the big milestones

04:24 or or chapter headers where you're like

04:26 ah yeah these few experiences really

04:29 shaped how you think about ABM.

04:32 Yeah. So I think I'll start with the

04:34 classic. So I think the first time I saw

04:37 Glengary Ross. Uh I think we've all seen

04:41 the clips or the movies or versions of

04:43 it. You know they've got the leads on

04:45 the on the qards handing handing the

04:48 leads to the sales guys. So I

04:52 think throughout my throughout my career

04:55 starting in the 2000s I think part of it

04:57 has always been the salesoriented

05:00 mindset. I know you know marketing is a

05:02 key component of any business uh whether

05:05 BTOC B2B but I think what's interesting

05:08 about marketing today especially as we

05:10 went online is um there's so many things

05:13 that are the same as they as it used to

05:16 be on the sales side but but we've sort

05:18 of created a a pocket for marketing to

05:21 have its own words acronyms and and

05:25 things like that and I think it's been a

05:27 function of how companies are organized

05:29 but really when you boil it down, it is

05:32 still very much the same motion as

05:34 enterprise sales, personal uh outside

05:38 sales as it was in the 90s and the

05:40 2000s. And so I think, you know, moments

05:43 like Glengarry and then moments where we

05:45 were literally walking down, you know,

05:48 we I um had customers, if you've ever

05:51 been down to Front Street, Manhattan,

05:53 there's this great little pizza place

05:54 and around the corner you've got the

05:56 DTCC and like all the huge banks. And so

05:59 we were selling into these banks and we

06:02 had like two, three major accounts. We

06:05 were a small company and we just had to

06:08 maggyver our way into these things

06:10 around like, okay, there's obviously a

06:12 product component. So let's go get Dell.

06:14 Let's go load some Linux on it and throw

06:17 throw a bunch of code on it like

06:18 everyone was doing. But then there was

06:20 just all of the personalities and how to

06:23 get into those uh environments as a

06:25 especially as a small company. I mean it

06:28 it's um it's really interesting and and

06:30 I think now you talk about okay buying

06:32 groups and all these you know there's

06:34 all these formal definitions and I think

06:36 at the time and and for me you know just

06:39 being early in my career too I was uh we

06:41 were going through the motions but but I

06:44 remember specifically these moments when

06:46 we were trying to figure out a MacGyver

06:49 plan to kind of get into the base right

06:51 so there's like this base so you take a

06:53 Chase bank okay how do you get into a

06:56 Chase bank because you go to chase.com,

06:58 it's unclear how you get into that

07:00 account. Um, and that's a kind of I

07:02 think a crazy uh extended example, but

07:06 but that's kind of to me what it is. And

07:08 so it's like, all right, how are we

07:09 going to get into we sneak around the

07:11 back? You know, how do we distract the

07:13 guards? You know, what are the tactics?

07:15 And um that's what I think is really fun

07:18 about ABM because it you you have to

07:21 focus on people you know so somebody's

07:24 name

07:26 uh that I think is actually become a

07:28 foreign concept where well hold on no

07:31 we're talking about ICPs you know we

07:34 don't talk about names like let's just

07:35 talk about the ICP and there's like that

07:38 picture of a person and it says that

07:40 they're this kind of person they they

07:42 work here and I said guys like every

07:44 account. There's there's a there's a

07:46 human there. And I think that

07:48 personalization piece is is really what

07:51 got me hooked on just selling at every

07:54 company I've been at in in different

07:55 capacities and then now coming full

07:57 circle around the products we build and

08:00 then now it's obviously super digital so

08:02 you can measure stuff differently and

08:04 you know now marketing is really sort of

08:06 uh really involved. Um,

08:09 uh, you know, like I said, so there was

08:11 kind of, like I said, a couple of

08:12 moments, but definitely the Glengary

08:15 kind

08:17 of I'm a sales guy, you know, I I like I

08:20 like telling stories, but at the end of

08:23 the day, I think all marketers, the best

08:26 ones are sellers, too. Um, they're just

08:29 good at crafting stories and sort of

08:32 putting the the the sort of storytelling

08:35 hat on. And I think that's how I kind of

08:38 see things moving forward where you have

08:40 new marketers coming into the space and

08:43 you know they ask like how could we

08:44 grow, where's things going. I said like

08:46 if you can nail that and you'll be

08:50 extremely valuable. It doesn't matter

08:51 what the tech is and all this AI stuff

08:54 that obviously we'll be talking about.

08:56 Um it's it's kind of that piece. So that

08:58 that that's like I said some of the some

09:00 of the things that that resonate with me

09:03 back in the day. That's awesome. I I

09:05 love that. And you know, one of my

09:07 favorite parts about hosting a podcast,

09:09 it is connecting stories. So, to your

09:11 point, it's it's listening. There is

09:13 some prep, right? But listening and then

09:15 connecting the dots. You also use full

09:17 circle in your explanation. So, well

09:19 played. You get a bonus point for that

09:21 for using full circle. Yeah. Um, you

09:24 know, you talked about buying groups,

09:25 you talked about personalization. We

09:28 still probably both run into some

09:30 organizations that feel a little bit

09:32 hand over the lead card, Glen, Glen,

09:34 Gary, Glenn Ross style. Uh, you know,

09:37 ABC always be closing, right? Like we

09:39 still run into that stuff, too. But if

09:41 you think about the last decade, how do

09:45 you think account-based marketing has

09:47 evolved, especially with the emergence

09:49 of the digital tools and data that you

09:51 talked about? Yeah. No, it's

09:53 interesting. I mean I I think yeah I

09:55 mean you know you see the a lot of the

09:57 the MQ you know there's I think

09:59 different camps there's the long live

10:01 MQL MQL is dead uh like slogans then

10:06 there's the yeah you know forester we

10:08 have like it's it's accounts now it's

10:11 not this lead you know uh it's not this

10:13 lead funnel then it's the buying groups

10:16 buy stuff not h not leads uh I think all

10:20 of those are true and I I think if you

10:22 look at Now

10:24 2015 the biggest shift and the biggest

10:28 thing that I think has happened with

10:29 tools especially maybe in the last five

10:31 or six years um I don't know if COVID or

10:35 that sort of digital remote period had

10:37 like an amplification effect but I do

10:40 think that as we've gone more digital as

10:44 we've gone more remote distributed as

10:47 we've gone more uh maybe as as tools

10:51 have unbundled there's like SAS tools

10:53 for every little point product. You

10:56 know, you have I don't know how many

10:57 tabs in your Chrome that are opened.

10:59 there's always there's just like more

11:01 and more tools that I feel like the

11:04 marketing team maybe maybe by by force

11:08 has become sort of detached from like

11:11 the point of sale and and I think you

11:15 know they're they're they're almost

11:16 abstracted from they they they've had to

11:18 create ICPs because it's no longer sort

11:22 of scalable to think about people's

11:24 names and like that account that person

11:27 where they where they play golf, how how

11:30 they do their thing. And I think the

11:32 tools have become like this like command

11:34 center because the data is flowing in

11:36 and and you know, we've got all these uh

11:38 data sets that we need to measure and I

11:40 and I think in a lot of ways it's made

11:42 marketers

11:45 um like a it's detached them. So maybe

11:48 they're more scalable, but I would argue

11:50 that the the um the best ABM programs

11:55 don't need super digital scale. Um I I I

11:58 always recommend I was just talking to a

11:59 CMO in one of our other companies and he

12:02 said look when you're starting an ABM

12:03 program I mean you can start in

12:05 different ways but what you don't want

12:06 to do is start with tools first. Buy

12:08 some 500k tool and use 5% of it and then

12:13 you know by year three maybe you're at

12:15 7%. Start basic, right? I mean, you you

12:18 you got to just start with the basics,

12:20 get the motions going, and if stuff

12:22 works, you can kind of say, "Hey, what

12:24 are the tools or the AIs that are going

12:26 to come in and say, "Hey, this piece is

12:28 a little bit clunky. Uh we could get

12:30 like really good automation. Let's go,

12:33 let's go fix that piece." And I think a

12:35 lot of again my my uh take on it, I I'm

12:38 just one vote, but is that there's this

12:40 tool first mindset. Buy the tool.

12:44 uh drink the

12:46 Kool-Aid and like run the flow and and

12:50 your ABM program is going to be

12:51 successful. Um so I think there's

12:54 there's that piece and then I think the

12:55 other one is kind of a footnote is I

12:58 think somewhere in the 2020s this

13:02 intent, you know, we got to talk about

13:03 the word intent, this sixletter

13:06 word, it like took the world by storm. I

13:09 I can't remember like it there was like

13:12 a world with no intent and then it it

13:16 seemed like that was it. Like if you

13:18 bought an intent platform and you just

13:21 spent like a huge budget, which by the

13:24 way was a lot easier to get in the 20

13:25 early 2020s than it is now because it

13:27 was sort of free money.

13:29 Um that was it. You know, boom,

13:32 checkbox. You know, you're going to know

13:34 who's raising their hand. soon as you

13:36 hit you call them, you're going to

13:38 create like an incredible pipeline and

13:40 then it's just going to close and

13:41 everyone's going to be super happy. And

13:43 I think what we found is that I think

13:45 there's a little bit of a of a

13:47 reflection on that which is I don't

13:49 think the most successful companies that

13:51 have maybe used these tools or these

13:55 technologies that was the forcing

13:57 function. I think it was like the teams,

13:59 the the the leadership, the strategy,

14:02 things like that. And so I think there's

14:04 been this over reliance on tools. Um,

14:09 and I'm a tech guy. I mean, I started my

14:10 my career as an engineer. I love the

14:13 tech and the all this AI stuff that's

14:15 going on, but I think it runs the risk,

14:19 especially with the newer generation of

14:22 sort of creating that abstraction layer.

14:25 And u I think again marketers the best

14:29 uh are should be sellers at heart,

14:32 right? And and I would argue sellers

14:35 that could tell stories are the most

14:36 successful.

14:39 Yeah, absolutely. I and I don't disagree

14:41 with anything you said. So just to for

14:44 everyone listening, I work at demand

14:46 base, right? Obviously it's in our best

14:49 interest to sell technology and tools,

14:51 but from my time here and my time as an

14:54 analyst multiple, you know, too and

14:57 Gartner, right? Strategy has to come

15:00 first. It always increases the risk of

15:03 churn, decreases the actual

15:06 effectiveness of any product when

15:07 technology comes first. So you have to

15:09 understand your strategy. Intent's no

15:11 different. Honestly, I think that's

15:13 partially why intent has a bad rap. Many

15:15 people bought it as the silver bullet

15:17 just to say now uh here's the hot lead,

15:20 right? Like it's it's almost a different

15:21 note card that they were handing and not

15:23 changing how they were doing their work.

15:26 And it hits on alignment, too. And I I

15:28 do think this is one huge element of

15:31 accountbased which we could debate if

15:33 accountbased marketing is actually the

15:35 right term because some will say that it

15:38 hurts alignment when you go into a

15:40 seller and you're saying hey this is ABM

15:42 you know marketing owns it when it's

15:44 only successful with sales and

15:45 marketing. I'd love to understand your

15:48 perspective as both sales leader and

15:51 CEO. What do you think is the secret to

15:54 making sure you have true alignment

15:56 between sales and marketing to to really

15:59 improve the impact of account-based

16:00 marketing? Yeah, I so it's a great

16:04 question. I I think I think you're on

16:06 you hit the nail on the head with the

16:08 ABM. So I think the I mean you know now

16:11 you've got people say well let's get rid

16:13 of the M. Let's put an X on it. Okay,

16:15 good. Accountbased exper. So I do think

16:18 that intentionally or unintentionally

16:20 names matter. you know, acronyms matter.

16:23 Uh we're all creatures of of these

16:25 things. Uh and and so I think yeah, ABM

16:28 it's like, oh, it's like marketing own.

16:30 It's like, yeah, but hold on. This is

16:31 like personalized, super scalable uh

16:35 metrics driven enterprise sales from the

16:39 20 uh the 2000s that I remember, right?

16:42 And and I think now now given a name,

16:45 it's over here. And so I do think that

16:48 it's probably working against it, but

16:50 that's for only people that probably uh

16:53 focus on like the name versus like look

16:56 the program and the objectives. I think

16:57 the number one objective for companies

17:00 that are that are launching these

17:02 programs is to uh grow their business,

17:07 right? And I think the the world of of

17:10 leadbased or sort of just those kinds of

17:13 approaches um especially for B2B um it

17:17 it sort of doesn't scale and and and it

17:20 doesn't necessarily apply to obviously

17:22 the larger uh larger companies. So if

17:25 you're a company that's selling, you

17:26 know,

17:27 $49 products that are transactional, you

17:32 know, there's all the typical productled

17:35 motions and things like that, but as

17:36 soon as you start to have to talk to

17:38 humans and convince executives and

17:40 things like that, again, it goes back to

17:42 20 years ago is the exact same thing.

17:43 And so to your point, that intent thing

17:45 where it's like, okay, you got the Q

17:47 cards, there's like this separate stack

17:49 of Q cards. Yeah, these are the hot

17:51 leads. I think that that's what really

17:53 happened. And I think it it doesn't

17:55 necessarily change the fact that like

17:57 look for this to be successful. There

18:00 needs to be a partnership and I try to

18:02 tell my team this the same thing uh

18:04 which is

18:05 look you guys need to be aligned at the

18:08 hip. You're already aligned on the P&L.

18:10 So when I when I see like the sales and

18:12 marketing costs and what we're investing

18:15 you guys are aligned at the hip and so

18:17 you guys should be attached at the hip.

18:19 And I find often times companies for

18:22 different reasons are still in these

18:25 like, you know, buckets that are

18:28 separate. You know, some CEOs have like

18:30 read the the McKenzie reports that, hey,

18:33 you should probably hire a CRO. seems

18:35 like that's going to bring it together

18:37 because they have a word revenue in

18:38 their title, which which I think is is

18:41 is true in in some areas, but at the

18:43 same time, I think it's it's I think

18:46 simpler than that is, you know, for me

18:49 as CEO, it's just like, look, what's our

18:51 northstar metric? Okay, this quarter

18:53 it's going to be we need to grow

18:55 bookings. Okay, so let's let's simplify

18:58 what that means. So let let's we need to

19:00 get pipeline built and however that

19:02 comes in um we need to measure it make

19:06 it effective and that could be sales

19:07 activities could be uh your activities

19:10 their activities but align on the same

19:12 metric I think don't complicate your

19:15 technology I think there's too many

19:16 tools out there I find sales people

19:20 calling me all the time saying look

19:21 there's another tool that we just bought

19:24 and somebody's using it for some other

19:26 thing like the tool itself is good But I

19:29 think a lot of companies run into tool

19:31 paralysis where they sort of chase the

19:34 uh shiny coins. Oh yeah, there's this

19:36 new workflow tool. If I get that tool

19:39 connected to this other tool, then I'll

19:41 be able to buy this third tool and it's

19:43 going to be beautiful. And it's like,

19:45 look, let's get back to basics. You've

19:47 got sellers, you've got your marketing

19:49 team, and um you guys are on one sheet

19:53 of music, right? Like what are we doing

19:55 this quarter? Okay, we're going to go

19:56 after these accounts. How are we going

19:59 to do it? Who's going to go after them?

20:01 What are the tactics? Who's sending the

20:02 golf balls? Are we doing wine? Are we

20:04 using airplanes? Like, how is it going

20:07 to work? And I think a lot of that is

20:08 just a the thing I love about it is it's

20:11 in this digital world, it's really

20:13 human. Like, it's like, let's all get in

20:15 a room, virtual or not, and and kind of

20:18 figure it out. And that's what I

20:20 remember when I started my career is

20:23 that's how it was. This is like kind of

20:26 right when it went from pre- internet to

20:29 internet and and it was to me it's a

20:32 beautiful thing and I think that's where

20:34 you get that alignment because it's not

20:37 a um like I said it's not sort of a

20:40 marketing function or a sales function

20:42 and they're completely separate. They

20:44 have different tools. Like think about

20:45 how many customers you guys have on

20:47 Salesforce. Like we're a Salesforce

20:49 native app, right? So most of the planet

20:52 runs on Salesforce. um uh in some

20:54 respect. I mean there's lots of other

20:56 tools out there but you know sellers

20:58 live there and you know there's other

21:00 tools that have come online and and they

21:02 have other platforms like demand base

21:03 too for other things but the key is if

21:06 sales because usually sales is an

21:09 important piece right we talked about

21:10 like they're they're running the sales

21:12 process the bottom of the funnel they

21:15 their alignment on compensation is tied

21:17 to closing deals bookings to uh to close

21:20 deal then if if they're not getting some

21:24 value because again they're super busy

21:26 like they they they need to pay the

21:28 bills. So they need to be feeling like

21:32 any distraction or or value ad is coming

21:35 to them to help them accelerate the deal

21:38 closing because they're responsible for

21:40 taking it the football over that goal

21:43 line. Maybe marketing gets you to the

21:45 goal line, right? In the classic sense,

21:48 but there's that giant battle on their

21:50 last 10 yards. And what I like about ABM

21:54 and the alignment piece is just like I

21:55 said, it's the human element and and I

21:58 think if you need tools because you're

22:00 super big and distributed, of course,

22:01 that's helpful. Um, I do think there's a

22:04 play for measurement and you need to be

22:06 able to report a northstar metric like

22:08 how are we doing? Why are bookings down?

22:11 Which channels work? You know, did did

22:14 our did this ABM program work? Uh did

22:17 these tactics work? Why? Why not? Why?

22:20 Why? And why not, right? And I think

22:22 that's where technology plays where you

22:23 can like measure and track. But I think

22:26 just there's a real big danger in this

22:28 like AI kind of push. I know that a lot

22:32 of companies are launching AI

22:34 initiatives including ourselves

22:35 internally and

22:37 products. It needs to be a complement to

22:40 this human element because I see this

22:42 danger. I see it in my kids. I mean they

22:45 they they're now in GPT, right? They

22:48 don't go to Google to follow the blue

22:49 link. So they GPT everything like they

22:52 are so abstracted from like sometimes

22:54 the source the the the how that data got

22:58 put together and they're just consuming

23:00 that end result that like I said it's um

23:04 you're getting far away from like who is

23:06 your buyer? Like what are their names?

23:09 And I think that's really what moves the

23:11 needle for the most successful ABM

23:14 programs. Um, and it's not the the tools

23:19 and the technologies, right? So, it's

23:22 sort of a long wrap around the barn, but

23:25 I think it's the get everyone in a room,

23:30 northstar metric. You got to have a way

23:32 to measure it, use the automation where

23:36 it makes sense, and and obviously make

23:38 sure it it's uh it's getting

23:41 communicated out. Right. It's funny how

23:43 often I see all this happening and then

23:46 it the results are being broadcast. So

23:49 it's like I think what's interesting is

23:51 there actually is a there is a need too

23:54 to to to socialize and and continue to

23:57 sell the success of this program and

24:00 programs to management to the team.

24:04 That's how you get buy in. And I think

24:05 it's a constant one. So I don't think

24:07 it's a it's a set and forget. And I

24:09 think u that's really important. I I see

24:12 that sometimes where uh things are set

24:15 up and they just go and we'll check in

24:16 in 6 months. Look, we all know ABM,

24:19 right? It's like sometimes the top of

24:21 the funnel you get you get companies

24:24 that didn't know about you. Just getting

24:26 them to know about you is a massive win.

24:30 I think for some people they're like,

24:31 well, that's just, you know, it's going

24:32 from this stage to that stage. They kind

24:35 of break it down as a pipeline. Look,

24:37 the effort to get a small company to be

24:40 known by your preferred buying group or

24:44 buying targets of people, that's a

24:46 monumental win because they didn't know

24:48 about you six months ago and now they

24:50 know about you. And if you can't show

24:52 that that's like an activity, then it

24:56 could be, you know, your whole program

24:57 could be in jeopardy. So I think that

24:59 ability to

25:01 use this case maybe the tools right that

25:03 to to sort of storytell hey we're we're

25:08 making moves and and we've got more time

25:11 that we need but things are progressing

25:14 um is another piece of it and I think

25:16 that brings like I said the team

25:18 together because the sales and marketing

25:19 team need to be I think in the same like

25:23 spreadsheet or tab or whatever you want

25:24 to call it. uh otherwise they um you're

25:30 just going to have like two reports or

25:32 two uh versions of that. Um which again

25:37 is is funny because I'll say all of this

25:40 and then I'll I'll jump into some some

25:43 room or some board meeting where you

25:46 still have two versions of the truth is

25:49 it's kind of funny. He's like

25:51 marketing and

25:53 sales still have like a different number

25:56 and it's like oh I'm like okay so so

25:59 it's still it's still a thing and and I

26:01 think what's funny about that is is I

26:03 just uh I just think it's u it's still a

26:06 testament to this isn't like a perfect

26:08 science right so just because we do all

26:09 these things going be 100%. there's like

26:12 80% and there's going to be like this

26:14 20% that is always on the on the

26:17 periphery and and u you know there's

26:19 different ways to solve that depending

26:21 on how you want to run the business or u

26:24 how leadership uh tackles those pieces

26:27 but I think 80 to 90% is is a good

26:29 start. Yeah, totally. Well, you've hit

26:32 on some of these already, but I'd love

26:34 to know from all the folks you're

26:36 working with and talking to, what are

26:39 some of the common traps you see with

26:41 accountbased? It could be myths, mis

26:43 misconceptions, outdated practices. What

26:45 are some of the things you run into the

26:47 most that you wish people would stop

26:48 doing?

26:50 Yeah. So, I think if if I'm just

26:54 picturing a trap, you know, bear trap

26:56 kind of thing. So I I do think you know

26:58 I will have to touch on intent again. I

27:03 I think like personally in our business

27:06 the amount of conversations I have with

27:10 go to market leaders that are

27:13 experiencing what I call an intent

27:15 hangover is is larger than I than I

27:18 would expect like normally. And I and I

27:21 kind of dug into this. I've been start

27:22 studying it the last say six months and

27:24 I said like tell me a little bit more

27:25 about that and I think it's back to what

27:28 we talked about with the hot leads right

27:30 so the the pink cube cards not you know

27:32 the special one with the with the boat

27:34 versus the regular and I think it was

27:38 sort of a you know if we if we buy that

27:41 and we just invest in that all will be

27:44 solved we don't need to align the teams

27:48 uh we don't need to like get the team

27:50 the humans together. We don't need to

27:52 come up with the like tactics and

27:54 strategy. Um I'm not saying people

27:56 didn't want to, but it it sort of

27:58 created this this sort of uh perception

28:01 that the magic is just going to come

28:03 out. You do that, things will flow. And

28:05 I think what you found is that I think

28:08 some programs are probably successful

28:10 and they've been accelerated and things

28:12 like that, but at what cost? So, I'm a

28:15 big, you know, I I open up and I look at

28:17 the P&L like couple times a week, look

28:19 at the bank accounts every morning and

28:22 um I think it's important to look at the

28:24 cost side of it. I think marketers that

28:27 look at

28:28 costs though, they're good. Like I I

28:30 think it's a a skill to be able to to to

28:34 be interested enough to bring that into

28:36 the fold because I think absent cost,

28:40 anything's possible. anything could be

28:42 made positive or negative, but I think

28:45 it really comes down to the ROI. And so

28:47 I, you know, I follow a guy, uh, David

28:49 Spitz, he's on LinkedIn. He's sort of

28:50 there's a couple of these guys or these

28:52 uh SAS metrics, you know, there's a

28:54 community of these SAS metrics folks on

28:57 LinkedIn and he puts out this great

28:59 content where um I don't know exactly

29:02 what the last period was, but he parses

29:04 out, for example, a table that looks at

29:08 all the public companies and he he puts

29:10 all their their numbers in and he spits

29:12 out this uh what's called go to market

29:15 ratio percentage. It's like how many

29:17 dollars do I need to

29:20 spend put in, right? So, put into the

29:23 jar and to get $1 of ARR out. So, how

29:26 many in to get $1 out? And not only are

29:30 the numbers getting tragically bad right

29:33 now, which I think is a function of what

29:35 I've been talking about, but it's a

29:37 really interesting measure. It's not the

29:39 only measure. one measure, but it's a

29:41 really interesting measure for like the

29:43 companies that are, for example, putting

29:44 in 50 cents to get a dollar of new

29:47 business. I'd love to have that

29:49 business. Now, if the business was

29:51 really small, uh it's like there's some

29:55 success there, but if you're talking

29:56 about a billion dollar company that's

29:58 putting in 50 cents to get a dollar out,

30:02 that's an incredible business. So, I

30:04 want to study that business. What What

30:06 are their programs? and often not when

30:08 you look at them highly an highly

30:11 analytical company they're they're

30:13 running some sort of

30:14 account-based motion I mean you look at

30:17 their LinkedIn you stock their LinkedIn

30:19 profiles and see how they're set up that

30:21 is usually their tip of the spear

30:23 they're focused on that and they have

30:25 other activities

30:27 um and and you know some of these are

30:29 our clients too so we kind of like we

30:31 have a little bit of an inside scoop on

30:33 it too but the and and again they they

30:36 probably they're

30:38 probably and I'm not 100% sure, but

30:41 they're focused

30:42 on putting the selling salespeople and

30:45 marketing people in the same place. So,

30:47 one tool, you know, there's lots of good

30:50 tools, but just pick one and put the

30:52 whole team in there. I think the tragedy

30:53 could be buy two really good tools

30:57 uh and then put one team in here, one

30:59 team in there and and they're not like I

31:02 said for for a number of different

31:03 reasons. They're not super aligned

31:05 because uh they sort of have these

31:06 little moes and I think um leadership

31:09 needs to kind of fight that. That that's

31:11 kind of our job is like look that's that

31:13 maybe sounds great. Maybe it's like the

31:15 the the perfect thing to do but at the

31:18 expense of alignment. Um, and so like I

31:20 find that's a big trap. Uh, that that

31:23 was a big bear trap. And I think this

31:26 uh, you know, I might even do some pods

31:28 around this intent hangover. It's been

31:30 really resonating because people are

31:31 like when I say it, they're like, "Oh,

31:32 well, yeah, that's I I we're feeling it

31:35 a little bit." And and I and I think

31:37 it's a simplified version of the story,

31:39 but it was this silver

31:42 bullet thing. And I think now with free

31:47 money being over

31:49 uh I mean look at just the last quarter

31:52 with what's going on politically,

31:56 geopolitically. I mean things are

31:57 shifting really quickly. And so suddenly

32:01 what used to be this is esoteric, you

32:03 know, thing called how much ROI are we

32:06 getting from these programs that's

32:08 become front and center. Um and I think

32:10 it's going to really continue.

32:13 Um, and and I think like I said, it's a

32:17 um it's a key input that needs to go

32:19 into the ABM program. It's like

32:22 measuring the the the follow-through

32:24 ROI. And I and I think companies that

32:27 don't may maybe they don't bring the

32:30 finance side into it. So they're focused

32:32 on the experience, maybe the the the

32:35 metrics of just raw

32:39 output without bringing in the

32:41 underlying cost. That might be a really

32:45 big trap. And and I think CFOs are

32:47 getting smarter. They've got wicked

32:50 tools. Like the the amount of power a

32:52 CFO has at their fingertips now because

32:55 they've sort of left Netswuite and and

32:57 QuickBooks, they're plugged right in.

32:59 They're in Salesforce. in some of these

33:01 tools. Um, they've got, you know, a lot

33:03 of these AI, uh, capabilities that are

33:05 coming out. Uh, so that's a big trap.

33:08 And, and I think I'd recommend marketing

33:09 teams, uh, even the sales leadership

33:12 like at what cost? Uh, and and I think

33:15 that's, um, I wouldn't say it's a past

33:18 trap. It's I think still it's an ongoing

33:20 trap right now. Yeah, definitely. Well,

33:24 we're coming up on our time, but I have

33:25 a few more questions, so we'll try to

33:27 hit these quickly and then we'll shift

33:29 into the lightning round. So, we have

33:30 some very quick hitters at the end, but

33:33 um you've talked about AI, you've talked

33:35 about personalization and relevance,

33:37 also hit on scale. I'm curious how you

33:40 think AI is going to change

33:42 account-based go to market strategies.

33:44 Yeah. So, I'll try to keep it short

33:47 because this is one of my favorite

33:49 topics. I could we could do a three-hour

33:51 session here. So I think that what's

33:54 really exciting about AI for

33:56 accountbased is I think for the first

34:00 time the you're going to have a cost

34:03 effective way for the maximum amount of

34:07 businesses to be able to

34:11 hyperpersonalize,

34:13 hyperarget, measure and analyze things

34:17 which is kind of the effectiveness. And

34:20 then and and really probably again just

34:23 from an experiential point of view make

34:25 it super easy for everybody across the

34:28 company to use these things the

34:29 adoption. So they're not

34:31 dedic there's these analysts or these

34:34 sort of specialists that are in charge

34:36 of these these these areas uh and they

34:38 have to sort of boil it boil it down and

34:41 deliver the message to other folks. I

34:42 think so that's really what the game

34:45 changer is going to be and I think

34:47 that's on the pro side on the negative

34:49 side actually what's gonna be happening

34:51 and you already see it

34:54 is just like you know my one of my

34:56 favorite books 22 Immutable Laws of

34:59 Marketing I think if you haven't read it

35:01 pick it up it's a quick read 1993 22

35:06 laws they still all apply one of them is

35:08 like look if everyone starts doing it

35:11 it's so easy it's so easy now that just

35:13 like there's 10x amount of people, it

35:16 becomes so saturated

35:18 that all your tactics and all your

35:21 approaches, they just don't stick. It's

35:22 too competitive. And so it it's almost

35:25 like that creates sort of a an a massive

35:29 amount of adoption, but it makes it I

35:31 think even more challenging to uh as a

35:34 company especially to distinguish

35:37 yourself. I think right now for example

35:41 it is the most challenging time even if

35:44 you've picked a category you know talk

35:46 about category design where you're sort

35:48 of one of one you know because everyone

35:51 it's better not to compete with everyone

35:52 so how do you slice your category till

35:54 you're that one of one perceived and

35:57 it's becoming harder and harder because

36:01 um everybody at scale can do all these

36:04 things I mentioned before and it seems

36:06 like there's an infinite amount of

36:08 choice

36:08 there's always a all-in solution for

36:11 every problem. And how do you choose as

36:13 a buyer? It's almost like a buying group

36:16 like the buying team. Uh it's like you

36:18 could be chasing these things forever.

36:21 Oh, next week just just when you think

36:23 you've you've selected something,

36:24 something new comes online and then

36:26 something new. So the pace of it has

36:28 changed. And so I think as uh as

36:30 account-based the the team, the strategy

36:32 team and the execution team, it's like

36:34 what does that mean? So I always think

36:36 about that too. I don't I I don't have

36:38 all the answers of where it's going, but

36:40 I

36:41 think using AI, the team's going to need

36:44 to use AI also, I think, to

36:49 maybe work

36:52 on strategies or tactics that they may

36:56 not think are obvious to try to

36:59 differentiate. So, it's like a you have

37:01 like an AI that's like looking at

37:03 everything that's going on and and

37:05 saying, "Look, everyone's chasing this

37:08 shiny coin over here. With a little bit

37:11 of tweaks, these kind of tactics could

37:14 work because you'll be able to

37:15 differentiate and that might make the

37:17 big difference for for your program."

37:18 And so, I think it's like a super

37:20 interesting time uh in that respect,

37:23 right? and and and I think like I said

37:25 um it's fun because the adoption curve

37:29 is going to be high. You don't need to

37:32 have a PhD in uh analysis and uh

37:36 statistics and uh you know you can have

37:39 people that write content. You know you

37:41 these beautiful people that write

37:43 stories and they're able to participate

37:45 in this. Um, so you'll be able to kind

37:48 of extend out who's involved, which I

37:50 think helps with alignment, right? You

37:52 have the whole organization doing it,

37:54 not a few people in the company.

37:57 Love it. Awesome. Well, we've you hit on

38:00 one book already, so we're going to jump

38:02 to our lightning round. We have a couple

38:04 very quick questions to close us out

38:06 today. First, any books, blogs,

38:08 newsletters, or podcasts that you'd

38:10 recommend to our listeners? Yeah. So, I

38:14 uh first of all, I I think everyone

38:17 should should subscribe and keep

38:18 listening to this podcast. Oh, thank

38:20 you. Lot lot of great content here. Uh

38:23 for sure. I mean, it's it's a it's a big

38:26 pedigree of content. I I think books 22

38:29 Immutable Laws, pick it up if you

38:31 haven't read it, especially if you're

38:32 new to marketing sales. Um I think it's

38:35 key. Uh some sometime you got to watch

38:39 the Glengary Ross movie. Um it it's so

38:44 classic, but the Q cards

38:48 uh it it all comes together when you're

38:50 talk with some of the things we're

38:52 talking about. So that's a favorite

38:53 movie of mine. I think April Dunford is

38:56 she's an author. She wrote a few books.

38:59 They're more on like positioning,

39:00 category design, and selling. U but we

39:05 we use those actually across all of our

39:06 portfolio companies. I think there's so

39:09 many flavors of that, but she just does

39:12 a great job at talking about that space.

39:15 And so, April Dunford really like that.

39:18 And I definitely love uh you know, two

39:21 pods that I'm I'm listening to all the

39:23 time. Uh one I I think everyone's these

39:26 days listen to AllIn, right? So Allin is

39:28 a super cool podcast because they're

39:30 sort of giving me the weekly news feed

39:33 and that actually on Fridays I digest it

39:37 think over the weekend and you can sort

39:39 of maybe re-underwrite some of the

39:41 assumptions of planning in the next

39:43 follow on week. So I kind of use it as a

39:45 nice uh week uh news recap and then

39:49 invest like a best. I really like that

39:51 podcast. Uh Sean there he runs that.

39:54 It's just like I said, I um I gear more

39:57 towards sort of the investing side. Um

40:00 but but I think again um you know, as

40:04 CEO of the business, it it's I'm in the

40:07 business of like capital allocation. So

40:09 where are we going to put our dollars to

40:11 make the most impact? Like if it's an

40:13 ABM, great. Um like what are the

40:17 returns? And so I like listening to what

40:19 other companies are doing because what's

40:21 funny about ABM or or just countbased is

40:25 a lot of these successful companies that

40:28 continue to grow at scale have figured

40:31 out this motion and I think it's a

40:33 combination of people. They have great

40:35 people uh they obviously have have a

40:38 great product uh something to sell and

40:42 um and and obviously they've they've got

40:44 the technology they figured that out

40:46 too. So I think you need all three.

40:48 Awesome. One more question for you and

40:51 then we are all done. Most important one

40:53 of all. How can everyone get in touch

40:54 with you after this episode? Yeah. So

40:57 I'm on uh so on X I'm uh uh Jason

41:02 Materna can DM me there. LinkedIn just

41:05 Google J6

41:07 Spacematerna. Um that's the place that's

41:09 the place to find me. Um you know drop

41:12 me a note. um you know, love to love to

41:16 catch up. Um there's a little link

41:18 there. You can just book my calendar

41:20 directly on

41:21 LinkedIn. All right, sounds good. Well,

41:23 you crushed it. Thanks so much for your

41:25 time today, Jason.

41:28 [Music]

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