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Is paid social advertising still worth it in 2023?

Metadata

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 Facebook: $102.02

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Untapped Opportunity – Lookalike Audiences for LinkedIn, Facebook and Google Ads

Directive Agency

One of the significant challenges within paid advertising is prospecting while staying within your cost-per-lead (CPL) or cost-per-action(CPA) target. Google, Linkedin, and Facebook allow you to upload customer email lists. Facebook has some excellent options for this, as you can create custom audiences based on engagement.

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Digital Marketing In 2020 | 7 Reasons Why Small Businesses Need It

Adobe Experience Cloud Blog

Facebook, Instagram, Twitter, Reddit, and LinkedIn are the market leaders. Facebook and Google ads. It gathered over 2 million views on YouTube, and many of the comments were in the same tone – “I want to buy from this small business after seeing this ad.” . In 2018, email marketing’s average Cost Per Lead (CPL) was $53.

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The Framework You Need for Successful Marketing Experimentation

Metadata

Because if there’s one trait innovative companies share —including Google, Facebook, and Amazon—it’s that they embrace experimentation. This is where experimentation comes in —you need to try new things to get your CPL down to $67 for those last 30 leads. Try out a brand new marketing channel (TikTok, YouTube, LinkedIn).

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The Framework You Need for Successful Marketing Experimentation

Metadata

Because if there’s one trait innovative companies share —including Google, Facebook, and Amazon—it’s that they embrace experimentation. This is where experimentation comes in —you need to try new things to get your CPL down to $67 for those last 30 leads. Try out a brand new marketing channel (TikTok, YouTube, LinkedIn).

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Solutions for the Zero-Click Search SEO Trend

Ledger Bennett

Optimize your presence on ALL Google Properties (Youtube, Google Maps, Images, AMP, Knowledge Graph, etc.). Facebook is a great way to engage your audience at a low CPL, test different targeting among behaviors. That saying…”if you can’t beat ‘em, join ‘em” definitely applies to outmaneuvering Google.

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How to Convince Your Boss to Invest in Social Media Marketing

Hubspot

Next, take the same approach with Facebook, Twitter, and YouTube. You can also prove that competitors are on social media simply by searching for each of them on the most widely used networks -- including LinkedIn, Facebook, Twitter, Pinterest, and YouTube -- and outlining your competitors’ activities.