article thumbnail

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

Metadata

We don’t have to tell you that marketing budgets took a hit this year , with average budgets falling from 9.5% of company revenue in 2022 to 9.1% In the pandemic’s earliest days, everyone had their sights set on cost per lead (CPL), with spend-per-month averaging $35K. CPO N/A $21,378.29

article thumbnail

How Metadata Fundamentally Changed My Approach to B2B Marketing

Metadata

Seriously: our lead-to-conversion rate increased by 15X and our cost per opportunity (CPO) went from $40k to $800. For context, our cost per lead (CPL) was around $1,000 before we started using Metadata. With Metadata, our CPL dropped to about $50. I was instantly hooked. Absolutely.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is paid social advertising still worth it in 2023?

Metadata

Like almost every B2B company on the planet, I knew my success would hinge largely on paid social advertising. 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. Facebook: $102.02

article thumbnail

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

Metadata

This B2B Paid Social Benchmark Report will give any B2B company the data, insights, and social media strategies to level up their social media ads. But we’re giving you the raw data so you can slice and dice however you’d like—by industry, annual ad spend and company size. How long should your ad text be? How to look at the data.

article thumbnail

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

Metadata

Companies running 500-1,000 monthly experiments are experiencing nearly 16X more ROI. 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. Even just 100 experiments a month will net you 1.4X

article thumbnail

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

Metadata

This B2B Paid Social Benchmark Report will give any B2B company the data, insights, and social media strategies to level up their social media ads. But we’re giving you the raw data so you can slice and dice however you’d like—by industry, annual ad spend and company size. How long should your ad text be? How to look at the data.

article thumbnail

We’re Breaking Free: Why It’s Time for Demand Gen Marketers to Own Their Data

Metadata

That many people reading our 2023 B2B paid social benchmark report were surprised by the high cost per opportunity (CPO) of paid social advertising. I’m fine with that since leads have historically been a B2B marketer’s north star. I’m fine with that since leads have historically been a B2B marketer’s north star.