ABM has gained popularity over the last few years with 71% of companies having increased their spending in 2023—a 13.1% year-over-year increase (Momentum ITSMA, 2022).
However, despite its popularity, ABM adoption reveals a certain level of stagnation, with few programs reaching full maturity. In fact, less than 20% of organisations report that ABM programs are fully embedded in the business and less than 25% have solidified key elements of their approach (Momentum ITSMA, 2022).
This low maturity in many organisations indicates that ABM is often treated as a one-off campaign or a short-term tactic, rather than a holistic, organisation-wide strategy crafted for enduring success.
One-third of organisations have reported that their campaigns are either not meeting expectations or significantly falling short (DemandGen, 2023). Notably, nearly half of the underperforming ABM campaigns are operational for less than a year, whereas an impressive 66% of successful ABM campaigns run for over a year (DemandGen, 2023).
These findings highlight a clear correlation between the duration of an ABM program and its performance. Successful outcomes in ABM demand a sustained, long-term commitment and investment.