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HubSpot helped Studytube Prepare for Strategic Growth

Written by Mo'Shai Gibbs | Aug 11, 2020 5:36:52 PM
Driving Strategic Growth of Learning Experience Platform With HubSpot’s ABM ToolsStudytube, a Netherlands-based SaaS Learning Experience Platform, was working to drive market share and net new monthly recurring revenue while growing the average contract value within their client accounts. With a 2020 goal of becoming the #1 learning technology brand in the Netherlands, Studytube commercial leadership understood the importance of pivoting from point activities and isolated assets - and turned to data to align teams around target industries and accounts. HubSpot’s Account Based Marketing tools proved to be the right solution to help align the team with data and insights, tracking the progress of their cross-functional efforts.Studytube, a Netherlands-based SaaS Learning Experience Platform founded in 2010 as a solution to help organizations realize the full potential of their workforce simplifying the end-to-end learning process. The system includes a Learning Management System, Online Academy, Training Library, Authoring Tool, and Digital Training Assistant. Shifting Focus to Data and Team Alignment

Studytube was founded in 2010 as a solution to help organizations realize the full potential of their workforce simplifying the end-to-end learning process. Their SaaS learning platform allows clients to manage corporate Learning & Development (L&D) operations in one cloud-based system. The system includes a Learning Management System, Online Academy, Training Library, Authoring Tool, and Digital Training Assistant. Organizations adopting Studytube can track their L&D goals on all levels of the company in one single system of record, provide employees with a broad offer for professional development, including company-specific and third party content, managing the full procurement to pay process of external training through the platform.

“We have had HubSpot for as long as I can remember, but being a small team, we tended to focus on the website, point activities and isolated assets and put all our efforts into making them impactful in their own right,” said Kees Henniphof, CMO of Studytube.

“The main challenge with point activities is that you lack oversight on both the campaign and the account level. You may understand which activities and assets perform well, and you develop strong intuitions about the industries and personas you attract and serve better than others, but you simply lack the data to turn those intuitions into bold growth strategies. It's just lots of blood, sweat, tears, and opinions, but as an operating model, it’s impossible to scale.”

Account-Based Marketing to Drive Strategic Growth

Studytube decided to start adopting HubSpot’s ABM software to give them a better grasp on their marketing and sales strategy and focus.

“When we decided as an executive team that it was time to focus on certain industries and target accounts within those industries, I realised I had to come up with the marketing technology foundation to get us there. We already used HubSpot, and decided to start adopting the campaigns tool and ABM features for our vertical and account-based strategies to give us a much tighter grip on our spend and marketing and sales focus,” explained Kees.

In a few months, Kees developed a straightforward one-to-many approach for vertical marketing and sales, and within that approach, a one-to-few ABM program. The Studytube team follows a series of seven steps to execute program cycles for major verticals.

1. Marketing and sales work together to set clear objectives.

2. Create a list of target verticals and accounts, which they clean and augment at the start of each new cycle.

3. Populate HubSpot’s ABM contact and company properties, including buying role and individual customer profile tier.

4. Run a marketing program with personalized email outreach and industry landing page for target accounts.

5. HubSpot scoring serves up engaged prospects from the target industry and accounts for follow-up by the Sales Development Representatives and Accounts Executives.

6. Track account engagement and deal value in the ABM dashboard.

7. Manage campaign spend and performance in Marketing Hub.

HubSpot helped Studytube Align Teams and Prepare for Strategic Growth