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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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You might be asking this question: Which ones should I use on Facebook and LinkedIn? 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 CPO $15,923.93 $5,703.43

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

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How to look at the data LinkedIn vs. Facebook for B2B marketing What are the best CTAs? But after analyzing nearly $15M of ad spend, we’ve zeroed in on some of the ways our customers are boosting their LinkedIn and Facebook campaign performance. A good CPO is different for every company and should be based on your unit economics.

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Is paid social advertising still worth it in 2023?

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While the average CPL on Facebook and LinkedIn from our benchmark report didn’t come anywhere close to that, I still see why you may be struggling to swallow the cost of paid social, especially in a down economy. For reference, here’s what the average CPL on Facebook and LinkedIn looked like from April 2022 – April 2023: LinkedIn: $123.85

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

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How to look at the data LinkedIn vs. Facebook for B2B marketing What are the best CTAs? But after analyzing nearly $15M of ad spend, we’ve zeroed in on some of the ways our customers are boosting their LinkedIn and Facebook campaign performance. A good CPO is different for every company and should be based on your unit economics.

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

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For example, if you’re trying to create demand, you may experiment more with brand awareness ads on Facebook than if demand expansion was your goal. Similarly, suppose your goal is to revive demand. In that case, you might consider experimenting with LinkedIn’s thought leader ads to see if they spark good conversations with prospects.

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

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Marketing conversion metrics: Metrics tied to specific channels, like Facebook, LinkedIn, or Google Search. For example, you could measure the percentage of leads from Facebook that convert into closed-won business or the percentage of marketing qualified leads (MQLs) from LinkedIn that turn into sales qualified leads (SQLs).

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The 2011 #Nifty50 Top Twitter Men Reprise

Webbiquity

As a B2B marketing specialist, Billy is a recognized expert in B2B inbound marketing, and is very active on Twitter, LinkedIn and Facebook. Follow Michael on Twitter @BrennerMichael and Facebook. Check out @TomPick’s blog at Webbiquity on what he learned from Mike’s HubSpot Webinar. Story gets attention.

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