Cybersecurity Scale-up Estimates 67x ROI From ViB Leads
Despite being one of the fastest-growing cybersecurity startups in history, Abnormal was looking for ways to increase leads and decrease costs.
After stints at IBM, Lenovo, Qlik, SolarWinds, and other tech companies, Jon Moody joined Abnormal Security as Director of Demand and Digital Marketing because he saw “a great opportunity to make a big impact with an amazing company and product.” Created by the engineers who worked on Twitter’s advertising platform, Jon saw the company’s potential to live up to its mission statement — fighting cybercrime by blocking the email attacks that matter most.
Being one of the fastest-growing cybersecurity companies, Jon was looking to further increase cost-effective strategies for the business. But current efforts with a few sales development representative (SDR) service firms or lead vendors were not delivering the high volume and quality of leads he expected.
Challenges faced working with external SDR firms:
- Limited number of engaged responses
- Long turnaround time of 6 months
- Underqualified leads with no intention to buy
Director of Demand and Digital Marketing
“Almost every lead ViB sent us became a business opportunity, as we hoped it would. Further, ViB replaced any lead that didn’t fit our criteria or was determined to be an unqualified lead upon further review.”
Then Jon found ViB. He liked several aspects of the company’s lead generation services, including cost structure, but most importantly its strong community of technology professionals — all of whom were qualified as in-market for new services.
He decided to launch a test pilot project with ViB’s Appointment Setting service in the middle of Q1 2022 with a goal of generating 10 new enterprise-level lead appointments.
Because the pilot started late in the first quarter, Jon wasn’t sure it would have an impact in achieving the company’s meeting goals. However, after seeing successful meetings conducted within a matter of weeks, Abnormal Security increased its enterprise-level goal with ViB and added a pilot project for appointments in the midmarket sector.
This was not just an outsourced outbound program. The leads were high-quality, intent-based who showed interest in the Abnormal messaging and solution.
Benefits from ViB’s Appointment Setting service:
- Pay per lead model to scale with changing business needs
- Results within a couple weeks
- High-quality leads who personally opt-in to meet the client
Abnormal Security successfully secured all of the initial meeting appointments in their pilot round for Q1. Thereafter, with more ambitious benchmarks added for Q2, the team continued to reach all goals for a successful Q2 close. In response, Jon stated “after we reached our Q2 goals, knowing where we wanted to take the company’s growth, we wondered how high could we go? How much could we scale?”
Thanks to VIB's service we have found another valuable channel to use to meet our goals.
What's more, the leads are happy to pick up the phone and talk to us — and, as a result, our sales team is happy. The bottom line is making the entire company happy, because with this program we've seen 67x ROI.”
Talk to us today to learn how we deliver the highest quality leads with our active community of high-tech professionals.