November 23, 2020
How Tipalti Closed $2 Million with Sendoso + 6sense
In the account-based everything (ABX) world, brevity is a virtue. That’s why we’ll get right to the point and share how Tipalti ABM Manager Peter Tarrant and his team helped the end-to-end accounts payable automation platform close $2 million in revenue with the help of Sendoso and 6sense.
Tipalti’s 4-Step Process for ABX Success with Sendoso + 6sense
Step 1: Align Sales and Marketing to Identify Target Accounts
When Peter first joined Tipalti, the sales team was small and not optimized yet. The company looked at accounts held by sales reps and used standard signals to identify opportunities for growth. However, the company has since adopted a robust ABM strategy, which leverages a full tech stack, including 6sense and Sendoso, to identify and contact target accounts in a much more precise and thoughtful way.
In this one-to-few campaign, Peter led the marketing and sales teams in pulling together a list of 100 highly engaged accounts. He leveraged 6sense’s data and analytics capabilities to determine those targets that had a strong profile fit and were in the market-buying phase based on various criteria, such as web activity and intent signals.
Step 2: Pinpoint When to Kick Off the Campaign
“When we see those intent signals, then we know it’s time to kick off the campaign,” explained Peter. “6sense helps us pinpoint that moment.”
Step 3: Craft a Thoughtful and Personalized Message with Sendoso
In this particular campaign, Tipalti sent recipients a box of branded Oreos. However, the company has the option of sending any of the thousands of items across all price points from Sendoso’s catalog—from AirPod cases to cocktail kits and even big-ticket items like an Amazon Echo Dot.
Tipalti also leverages Sendoso’s Address Confirmation feature and delivery notifications to ensure the kits reach their intended recipient. This helps Peter and his team rest assured that the delivery will reach the intended recipient.
“I’m not going to lie, when people started working from home, I got nervous about how we were going to reach our targets,” admits Peter. “But using Sendoso’s Address Confirmation feature ensures that we can take that introductory step regardless. It’s my not-so-secret weapon.”
Step 4: Celebrate the Success
- $1,995,005 in revenue closed through marketing-sourced opportunities from ABM accounts
- 11 additional opportunities in the pipeline worth $544,485
- 3 closed won deals worth $569,553 in revenue
- Two deals among the company’s largest in all of Q2
Looking to the future, Peter also discussed how Tipalti would ensure future success through a flexible and adaptable ABM strategy.
“Marketing needs to get outside the existing flows that are set up and take a more flexible and adaptable approach,” Peter urged. “It’s not a plug-and-play model anymore where industries or job titles can be swapped out. We need more creativity and personalization today.”