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Is paid social advertising still worth it in 2023?

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Our benchmark report found the average cost per opportunity (CPO) on LinkedIn and Facebook to be $3,162.89 Those numbers can eat into your budget quickly, but accepting that you’re locked into that CPL or CPO forever and writing off paid social as “too expensive” is a mistake. Before meeting Joe, I’d lost faith in lead gen.

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More Than a Button: The Best CTAs for Paid Social Advertising (Based on $130M in Ad Spend)

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Common CTAs on LinkedIn and Facebook include: Download now Learn more Sign up Request demo What we found: lead gen vs. brand awareness campaign results Before we dive into how CTAs performed on Facebook and LinkedIn pre- and post-April 2022, let’s take a step back and summarize our benchmark report’s overarching narrative.

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B2B Paid Social Benchmarks: What We Learned From $15M in Spend on Facebook and LinkedIn

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You’ll optimize to this metric if you’re running a brand campaign, while you’ll optimize to CPL for lead gen. Cost per lead (CPL): CPL measures the efficiency of your campaign. . 100k, I can likely afford to spend more per lead. A good CPO is different for every company and should be based on your unit economics.

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B2B Paid Social Benchmarks: What We Learned From $15M in Spend on Facebook and LinkedIn

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You’ll optimize to this metric if you’re running a brand campaign, while you’ll optimize to CPL for lead gen. Cost per lead (CPL): CPL measures the efficiency of your campaign. . 100k, I can likely afford to spend more per lead. A good CPO is different for every company and should be based on your unit economics.

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Email Open Rates Best Practices

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Think about all the time you spend crafting great content, writing irresistible CTAs and compelling, engaging copy. And ideally, you want them to take an action off the back of them – whether that’s clicking through to your latest blog post or signing up for a product demo. You want people to read your emails, right?

Open Rate 263