Marketing term definitions

Contact-Based Marketing (CBM)

🎉 THe fun  definition:

Contact-Based Marketing, or CBM, is like playing matchmaker for your business. It's the strategy where you focus all your charm, wit, and marketing prowess on a specific list of contacts—basically, the Beyoncé of your prospects—hoping they'll fall head over heels for your product. Just think of it as wooing your future besties one perfectly-targeted message at a time, because who needs more pen pals when you can have brand advocates?

🤓 THe nerdy  definition:

Contact-Based Marketing (CBM) is a strategic approach focusing on targeting specific individual decision-makers or influencers within organizations rather than broad audiences. By identifying and engaging relevant contacts through personalized communication and tailored content, CBM seeks to efficiently allocate resources and maximize impact in nurturing potential leads and driving conversions. Unlike traditional marketing methods, which might concentrate on demographic or firmographic criteria, CBM leverages direct, data-driven insights to build meaningful relationships with key stakeholders in a manner that aligns closely with their preferences and decision-making processes. This methodology is particularly effective in B2B settings where purchasing decisions often involve multiple parties and require a high degree of personalization.

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