Imagine you have built an all-rounder software service ready to rule the market, but you ended-up...
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Did you know that 79% of marketing leads fail to convert into sales? (Source: MarketingSherpa). This startling statistic highlights a major pain point for many B2B businesses: the inability to handle leads effectively. Despite investing in high-quality prospects, businesses often lose out due to poor follow-up strategies and underperforming sales pipelines.
The healthcare sales cycle is complex, slow-moving, and full of twists and turns. However, one approach—Account-Based Marketing (ABM)---is built for this challenge.
ABM focuses on three core pillars:
- Personalization: Tailored messaging for individual accounts.
- Alignment: Tight collaboration between sales and marketing.
- Precision: A laser focus on high-value accounts.
In healthcare, where buyer committees are large, regulations are rigid, and priorities vary widely, ABM helps transform long, daunting sales cycles into well-paced victories.
Why ABM Thrives in B2B Healthcare Marketing
In B2B healthcare, broad-based campaigns–for example—selling a hospital system or health plan with a LinkedIn post or banner—won’t work. PLUS — you won’t close deals with a single meeting.
Enterprise healthcare sales demand patience, persistence, and precision. You must be ready to play the long game.
That’s where ABM stands out. ABM addresses healthcare’s most notorious issues and connects your sales teams with high-value leads.
Let’s explore these challenges and how ABM rises to meet them.
Unique Challenges in Healthcare Marketing and How ABM Solves Them
Key Roadblocks in B2B Healthcare Marketing
Challenge 1: Long Sales Cycles
- Sales cycles can last up to 18 months.
Challenge 2: Complex Buyer Committees
- Multiple decision-makers with unique priorities.
Challenge 3: Clinical & Regulatory Communication
- Healthcare requires expertise—targeted, expert-driven content.
Challenge 4: Varied Organizational Structures
- Different needs across organizations.
Challenge 5: Sporadic Decision Windows
- Decision-making windows are brief.
Challenge 6: Silos Among Stakeholders
- Stakeholders work in silos.
Challenge 1: Lengthy Enterprise Sales Cycles
Healthcare deals often take months—sometimes up to 18 months— to close. [Grippy Media]
The process involves numerous touchpoints, including:
- Initial discovery calls
- Clinical evaluations
- Pilot testing
- Compliance reviews
- Budget approvals
Losing momentum at any stage can derail the entire sale.
ABM Solution:
- Maintains steady engagement with tailored, multi-channel campaigns.
- Leverages real-time insights to prioritize leads and address their evolving needs, ensuring the conversation keeps moving.
Example: Large Technology Firm’s Healthcare ABM Journey
Challenge: Sales cycles were long and required multiple touchpoints with diverse stakeholders. The company sought to modernize its strategy to cross-sell RPM solutions
ABM Strategy:
- Implemented a phased “Think Crawl Walk Run” ABM approach.
- Designed a 120-day pilot program targeting current customers with cross-selling.
- Integrated third-party intent data to identify interested stakeholders.
- Launched LinkedIn campaigns to drive engagement.
- Ensured cross-team collaboration between marketing, sales, and account management.
Results:
- 31 stakeholder meetings secured.
- 17 qualified opportunities identified.
- $2.7 million in closed deals within six months.
- 300+ potential leads discovered through intent data.
Takeaway: A structured, phased ABM approach combined with intent data and team collaboration accelerates deal cycles and drives tangible outcomes.
Challenge 2: Communicating Around Clinical and Regulatory Topics
Healthcare stakeholders expect in-depth knowledge of clinical workflows and regulatory requirements. Generic content often falls flat because it fails to address specific concerns.
ABM Solution:
- Partners with subject-matter experts to craft precise, targeted messaging.
- Develops content tailored to address clinical pain points like patient care efficiency or regulatory compliance
This helps stakeholders see the tangible benefits of your solution.
Challenge 3: Complex Buyer Committees
Selling to a healthcare organization means dealing with a diverse buying committee. This group can include people—each with their own priorities and pain points.
ABM Solution:
- Maps out the decision-making process, identifying the unique priorities of each committee member.
- Creates personalized strategies for each role, ensuring all stakeholders feel understood and supported.
Case Study: Nuvolo’s Tailored One-to-One ABM Strategy
Challenge: Nuvolo needed to engage <50 high-value target accounts with significant deal potential. Each account involved complex sales cycles and at least 10 stakeholders.
ABM Strategy:
- Sales and marketing teams collaborated to select 5-10 key accounts per quarter.
- Used the Terminus platform to analyze account interests and intent data.
- Developed account-specific branded landing pages tailored to stakeholder needs.
- Curated content based on demonstrated interests and used branded pages.
Results:
- Increased engagement from target accounts.
- Enhanced ability to address specific stakeholder needs via custom communication.
- Strengthened relationships with multiple stakeholders across accounts.
Takeaway: Leveraging intent data and personalized, account-branded strategies fosters deeper engagement with diverse buyer committees and improves deal outcomes.
Challenge 4: Varied Organizational Structures
Every healthcare organization has its own set of priorities, needs, and workflows. Some may be focused on expanding their patient services, while others prioritize reducing operational costs.
These differences make it challenging to apply a one-size-fits-all marketing strategy.
ABM Solution:
- Utilizes advanced segmentation techniques to create tailored strategies.
- Customizes campaigns to align with each organization’s unique structure and decision-making process, ensuring your messaging resonates with the segment.
Challenge 5: Sporadic and Limited Decision Windows
Problem: In the healthcare industry, decision-making opportunities are often brief, and missing a moment to engage a decision-maker can delay or even derail a potential deal.
ABM Solution:
- Leverages real-time data to track buyer readiness and identify when decision windows open.
- Maintains a consistent and relevant presence with tailored messaging, ensuring visibility and engagement when opportunities arise.
Challenge 6: Minimal Intercommunication Among Personas
In healthcare, different stakeholders [IT managers, clinicians, and financial executives] often work in silos, making it challenging to align their priorities and accelerate decision-making..
ABM Solution:
- Delivers consistent and unified messaging across all personas, breaking down silos and encouraging internal collaboration.
- Builds a narrative that aligns with shared organizational goals, fostering discussions that speed up decision-making.
Now that we’ve tackled the key challenges ABM solves in healthcare, here’s how you can apply ABM to target and attract high-value healthcare leads effectively.
How to Use ABM to Target and Attract High-Value Healthcare Leads
Implementing Account-Based Marketing (ABM) effectively in healthcare requires a simplified, step-by-step approach. Here’s how you can get started:
Using ABM to Target and Attract High-Value Healthcare Leads
Step 1: Identify High-Value Accounts
Finding the right healthcare accounts is crucial for maximizing sales impact. Focus on organizations with strong growth potential, accessible decision-makers, and clear intent signals.
- Target high-revenue, growth-driven organizations.
- Use ZoomInfo & Bombora for data & intent tracking.
- Identify outdated tech & compliance needs via BuiltWith, HG Insights.
- Prioritize high-spend regions, profitable specialties & expanding organizations.
- Leverage past successes, referrals & industry networks.
- Score accounts based on revenue, pain points & decision access.
Step 2: Understand Buying Committees
Healthcare purchasing decisions involve multiple stakeholders. Identifying key roles and mapping their influence ensures targeted and effective engagement.
- Map decision-makers (C-suite, IT, procurement, end-users).
- Use LinkedIn & CRM to track roles & engagement.
- Analyze procurement processes & buying journeys.
- Engage via targeted outreach, events & case studies.
- Build persona maps to tailor messaging effectively.
Step 3: Craft Personalized Campaigns
In this phase, your understanding of high-value accounts and decision-makers transforms into action. How?
You can use custom messaging to address unique pain points of healthcare organizations—say:
- HIPAA compliance
- Data security
- Patient care optimization
- Operational inefficiencies
–among others
In your campaigns, discuss industry-specific pain points so that your messaging resonates with these issues. Here are some tactics:
Key Campaign Strategies
- Explain Regulatory Compliance: Create content simplifying complex topics like HIPAA or GDPR for key personas like compliance officers and legal teams.
- Highlight Data Management: Showcase how your solutions ensure seamless integration and security for patient data, a concern for IT directors and CIOs.
- Solve Operational Inefficiencies: Highlight time-saving solutions that streamline workflows, benefiting clinical managers and administrative leads.
Now, different personas respond to different content types. Customize your campaigns accordingly as per creative content templates:
Tailored Content Formats
- Webinars on Reimbursement Models: Healthcare providers grapple with evolving payment structures.
Organize webinars by industry experts to educate CFOs and revenue managers on maximizing reimbursements.
- Case Studies on Workflow Automation: Present real-world examples showing how your product reduces administrative burdens, speeds up processes, and improves patient outcomes.
- Interactive Demos: Create tailored demonstrations to show decision-makers how your solution integrates seamlessly with their existing systems, like Epic or Cerner.
Example Campaign Template: Targeting Hospitals with Data Interoperability Challenges
Objective: Address data interoperability issues and showcase your solution’s seamless integration with EHR systems like Epic and Cerner.
1. Case Study
- Title: Solving Data Integration Challenges at [Hospital Name]
- Focus: Highlight how your solution improved data flow, reduced errors, and saved time by integrating with their EHR system.
2. Webinar
- Title: Best Practices for Achieving Compliance & Efficiency in Healthcare IT
- Speaker: CIO or compliance expert.
- Focus: Share strategies for overcoming interoperability challenges and ensuring data security and compliance.
3. Personalized Email
- Target Persona: IT Directors
- Subject: "Solve Your Hospital’s Data Interoperability Challenges"
- Focus: Emphasize your solution’s data security and integration capabilities with EHR systems like Epic and Cerner.
4. Follow-Up
- Channels: Email, LinkedIn, or Phone
- Goal: Address specific concerns (e.g., security, integration) and provide additional resources to keep the conversation moving forward.
This template ensures a targeted, concise campaign that resonates with hospitals’ data interoperability needs while positioning your solution as the ideal answer.
Real-life Use Case: KeyOps – Building ABM Success
- Challenge: A startup in the life sciences market lacked ABM experience and needed a partner with healthcare industry expertise.
- Solution: Engaged Health Launchpad to create a comprehensive ABM strategy, including defining ICP, developing buyer journey frameworks, and refining messaging.
- Outcome: Generated 120+ high-engagement leads in the first year and built a sustainable lead-generation process.
Takeaways:
- Finding the right strategic partner accelerates ABM's success.
- A phased approach builds strong foundations for future ABM campaigns.
Step 4: Align Sales and Marketing Teams
A seamless collaboration between your sales and marketing teams is essential to drive ABM's success. Develop unified initiatives targeting each persona’s unique objectives.
Key Strategies:
- Design Joint Campaigns: Tailor your messaging so that both teams are on the same page, targeting each persona’s needs at every stage of the buyer’s journey.
- Sales Training on Healthcare-Specific Objections: Equip your sales team to handle common objections in healthcare, such as concerns about data breaches or regulatory downtime, ensuring they can respond confidently.
Step 5: Implement Multi-Channel Engagement
Healthcare professionals are active on different platforms based on their roles and interests.
By leveraging multiple channels, you can ensure your message reaches them in the environments they trust and engage with the most.
This approach broadens your reach and strengthens your influence as you connect with decision-makers across various touchpoints.
Here’s a list of the key platforms to engage your healthcare stakeholders:
-
LinkedIn
LinkedIn is essential for reaching hospital administrators, IT directors, and executives.
Its advanced targeting capabilities allow you to deliver tailored messaging directly to decision-makers, establishing your presence within their professional network.
-
Healthcare Conferences
Industry events like HIMSS, Becker’s Healthcare, and MedTech Innovation Summit are perfect opportunities for direct engagement.
These conferences provide face-to-face interactions, networking opportunities, and a chance to demonstrate your product to key decision-makers in real time.
-
Physician Networks
Platforms like Doximity or Sermo are where clinicians actively engage. These networks offer a more personal and trusted environment for building relationships and having meaningful conversations with healthcare professionals, ultimately improving the likelihood of influencing decisions.
-
Email Campaigns
Target decision-makers with tailored messages, addressing their specific concerns, challenges, and interests.
Segmentation based on buyer personas ensures your email content is relevant and compelling.
-
Cold Calling
Cold calls remain valuable, especially when targeting high-level decision-makers in large healthcare organizations.
A well-timed, well-researched call can spark interest and move prospects further down the sales funnel, especially when personalized outreach and follow-ups are complemented.
In addition to the channels mentioned, here are a few more that can further enhance your multi-channel strategy:
By strategically combining these channels, you can ensure a cohesive, multi-faceted approach that maximizes your reach and strengthens your ABM efforts.
Step 6: Measure, Optimize, Repeat
To ensure your ABM strategy is working, measure the right healthcare-specific KPIs. Track progress and continuously optimize your efforts to refine your campaigns and increase engagement.
Optimization Tactics
Refine your campaigns using real-time data and testing to maximize engagement and drive results.
- Real-Time Insights: Use data-driven insights from your campaigns to adjust content and outreach strategies, ensuring you’re always on point.
- A/B Testing: Test different versions of your emails, content offers, and ads to determine what resonates best with healthcare buyers.
Final word
ABM is a powerful strategy for targeting high-value healthcare leads, but its success hinges on personalized engagement, a deep understanding of your audience, and a multi-channel approach.
By leveraging healthcare-specific insights and continuously optimizing your campaigns, you can drive more meaningful connections, accelerate your sales cycle, and ultimately close more deals.
The key to winning in healthcare ABM lies in patience, precision, and the right tools—so start building your strategy today to unlock the full potential of your healthcare lead-generation efforts.