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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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In the pandemic’s earliest days, everyone had their sights set on cost per lead (CPL), with spend-per-month averaging $35K. We looked at the click-through rate (CTR), conversion rate, cost per lead (CPL), and cost per opportunity (CPO) for each. CPO N/A $21,378.29 CPO $7,722.17 $7,546.49 CPO $8,330.22 $4,869.48

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Is paid social advertising still worth it in 2023?

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After a few months, my cost per lead (CPL) was $3k, and I was in a frenzy. But Abdallah, paid social is sooo expensive I want to remind you of my CPL at Armorblox: $3k. For reference, here’s what the average CPL on Facebook and LinkedIn looked like from April 2022 – April 2023: LinkedIn: $123.85 My next move?

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

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For demand marketers focused on driving sales and business growth, revenue is the ultimate KPI. 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. and is most expensive.

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Stop Struggling, Start Experimenting: How to Think About Your Paid Ad Experiments

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Ok, down to business. Optimize for pipeline (not CPL) and use auto-pause My biggest gripe with native ad channels is that you can only optimize toward vanity metrics like leads, impressions, and clicks. Our customers are tip-of-the-spear innovators who are all in on pursuing unconventional tactics. 101-500 4.3X Like, really quickly.

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

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For demand marketers focused on driving sales and business growth, revenue is the ultimate KPI. 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. and is most expensive.

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Measure This, Not That: Your Guide to the Demand Gen Metrics That Matter

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Liam outlined these backburner metrics in his DEMAND session as follows: Cost metrics: Metrics that measure the cost per something —think cost per lead (CPL) and cost per acquisition. Output metrics: Metrics that measure the amount of something such as website traffic, webinar attendees, and the number of leads generated from a campaign.