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LinkedIn Ad Benchmarks: CTR, CPC, and Conversion Rate

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In this data-backed guide, we’ll cover: The most popular CTAs on LinkedIn The most effective CTAs on LinkedIn Good CTR for LinkedIn ads The average CPC for LinkedIn ads The average conversion rate for LinkedIn. The highest CTR doesn’t always translate into the lowest CPC, so you’ll have to look at your own budget.

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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. Source: 2023 B2B Paid Social Benchmark Report Why did it crash? We looked at the click-through rate (CTR), conversion rate, cost per lead (CPL), and cost per opportunity (CPO) for each.

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Distribution 101: The Content Marketer’s Guide to Facebook Ads Tips

Contently

When determining your budget, take into account: Overall campaign goals Target audience size Anticipated ad reach Average customer order value or lifetime value One way to calculate the cost of a lead or customer is to use the Cost Per Lead (CPL) or Cost Per Acquisition (CPA) metrics.

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

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And targeting your audience with paid social media campaigns is one of the best ways to do that. When you hit the sweet spot of the right audience, right social channel, right ad and right offer, there really isn’t a better advertising medium for B2B. So, what’s working in social advertising for B2B marketers?

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

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And targeting your audience with paid social media campaigns is one of the best ways to do that. When you hit the sweet spot of the right audience, right social channel, right ad and right offer, there really isn’t a better advertising medium for B2B. So, what’s working in social advertising for B2B marketers?

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The Best Offer Types for Facebook and LinkedIn Campaigns

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LinkedIn is the bad boy of B2B social media advertising and has historically outperformed Facebook in just about every way. For starters, the CTR on LinkedIn is 4.42x that of Facebook. LinkedIn’s edge in CPC and CPL supports that as well. CTR is considerably higher on LinkedIn (by the tune of 2.9x).

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The Ultimate B2B Marketing Glossary

Envy

This is your Call To Action, and you need it on ads, blog posts, webpages, social media posts, etc. Dynamic Keyword Insertion is a cool Google Ads technique that lets you customize PPC ad content according to the searcher's query, in order to boost CTR. PPC ads use CPC, CPA, or CPL to decide how much you'll pay each time.