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LinkedIn Ad Benchmarks: CTR, CPC, and Conversion Rate

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But, long story short, the B2B-heavy audience and granular targeting on LinkedIn make the higher cost worth it for B2B advertisers. A higher cost per click matters a lot less if you’re seeing good conversion rates all the way through to closed-won revenue. What’s the average CPC for LinkedIn ads?

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14 Social Media Metrics That Drive Results in 2023

Marketing Insider Group

Average Engagement Rate (AER) The Average Engagement Rate (AER) helps businesses understand how well their content is resonating with their audience. Conversion Rate Think of your Conversion Rate as the finish line in a race. For B2B companies, the Conversion Rate is key.

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What Is Cost Per Click (CPC)? Definition, Calculation, Advantages & Examples

Martech Advisor

Cost-per-click (CPC) is defined as a form of digital advertising where you pay a publisher every time someone clicks on your ad. Cost per click (CPC) is an often-mentioned metric in the digital marketing world. Table of Contents: What Is Cost Per Click (CPC)?

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Performance Marketing: Tools, Techniques and Best Practices

Marketing Insider Group

Here’s a few key models in performance marketing to know: CPA (Cost Per Acquisition): Payment is made when a purchase occurs. CPC (Cost Per Click): Payment is made when an ad is clicked. CPL (Cost Per Lead): Payment is made when a potential customer provides contact information.

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Ultimate Guide to the Pros and Cons of LinkedIn Ads  

SmarkLabs

Bid on a cost-per-click (CPC) or cost-per-mille (CPM) basis and pay as little as $10/day to run a campaign. Increase conversions. conversion rate. That’s more than double the Google search rate of 2.58%! On average, LinkedIn ads in the U.S. No custom reporting.

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How to Get Smart About Retargeting Ads

Sharpspring

A relatively low conversion rate and high cost-per-click (CPC), ultimately resulting in an extremely high cost-per-acquisition (CPA). cost-per-mille (CPM), 5.2% conversion, and $19.64 The cross-industry average CPC for retargeting is just $0.66. The results?

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3 of the Best Pay-Per-Click Advertising Platforms for Law Firms 

Go Beyond SEO

Cost-effective: Compared to other advertising platforms, LinkedIn Ads can be a cost-effective option for law firms. This is because the platform offers a variety of bidding options, including cost-per-click (CPC) and cost-per-impression (CPM) , which can help law firms manage their advertising budget more effectively.