B2B marketers have long known that major purchases involve multiple stakeholders and complex buying committees. What's changed? Our ability to actually find, track, and engage these elusive decision-makers. As technology evolves, two powerful approaches have emerged to crack this code: account-level intent and persona-level intent. While both strategies aim to identify potential customers, they differ fundamentally in how they illuminate the buying process. Understanding the distinction between tracking intent at the account level versus the persona level, also known as the buying-group level, could be the key to transforming your B2B marketing effectiveness. Let's explore how these approaches are reshaping how we identify and engage with B2B buying committees that have always existed, but were previously hidden from view.
Account-level intent focuses on identifying and targeting entire companies or organizations that show signs of interest in products or services similar to those you offer. This approach typically involves:
The primary advantage of account-level intent is its ability to align marketing and sales efforts around specific, high-value target accounts. By focusing resources on companies that are already showing interest, businesses can potentially increase their conversion rates and ROI.
However, account-level intent has limitations. It often fails to capture the nuanced dynamics within buying committees and may miss out on opportunities where key decision-makers are actively researching, but the overall account-level intent appears low.
Buying-group intent takes the concept of intent data a step further by focusing on the specific individuals involved in the purchasing decision rather than just the account as a whole. This approach recognizes that B2B buying decisions are rarely made by a single person, with recent studies suggesting that the average B2B buying committee includes 11 individuals, and sometimes up to 20.
Key features of buying-group intent include:
The primary advantage of buying-group intent is its ability to provide a more comprehensive and accurate picture of the buying process within target accounts. By focusing on individual personas, marketers can tailor their approaches to address the specific needs and interests of key decision-makers.
While both account-level intent and buying-group intent have their merits, the increasing complexity of B2B buying processes suggests that buying-group intent may be better suited to address modern marketing challenges. Here's why:
To effectively leverage buying-group intent, consider the following steps:
While account-based intent has been a valuable tool for B2B marketers, the increasing complexity of buying processes demands a more nuanced approach. Buying-group intent offers the granularity and personalization capabilities needed to navigate the modern B2B landscape effectively.
By focusing on the specific personas involved in the decision-making process, businesses can create more targeted, effective campaigns that resonate with the right people at the right time. This level of precision not only improves marketing efficiency but also accelerates the sales process and drives revenue growth.
As we move forward, those who embrace and master the use of buying-group intent data will find themselves at a significant advantage, able to navigate the complexities of modern B2B buying with unprecedented clarity and effectiveness. While the transition from account-level to persona-level intent strategies may require investment and adaptation, the potential rewards in terms of improved engagement, conversion rates, and overall marketing ROI make it a compelling evolution for forward-thinking B2B marketers.
Intentsify is the first MarTech company to provide a robust, Buying Group Intent solution designed to analyze and act on buying-group dynamics. Download our new guide, “How To Leverage Buying Group Intent For Revenue Growth” to learn more.