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Is paid social advertising still worth it in 2023?

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After a few months, my cost per lead (CPL) was $3k, and I was in a frenzy. Because ever since we released our 2023 Paid Social Benchmark Report earlier this year, I’ve sensed skepticism from marketers—the same skepticism I felt a few years ago. Your CPL or CPO after a few campaigns are just your benchmarks. My next move?

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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. By July 2022, that number reached $40k before falling at the beginning of 2023. Source: 2023 B2B Paid Social Benchmark Report Why did it crash? of company revenue in 2022 to 9.1% CPO N/A $21,378.29

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Outsourcing Lead Generation: How to Calculate Lead Generation Outsourcing Costs?

Unbound B2B

The cost-per-lead acquisition is different for every business based on size and market competition. Around 19% of the HubSpot survey respondents stated that lead and traffic generation is the biggest hurdle in 2023. In this article, we explore what lead generation outsourcing entails and how lead generation costing is done.

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How to Make the Most of Your B2B Demand Gen Budget

Walker Sands

In fact, according to Integrate’s 2023 State of B2B Marketing survey , 22% of B2B marketers plan on cutting Demand Gen spend in 2023, while 25% plan on cutting ABM spend. Unfortunately, we were seeing a really high CPC for our primary keyword target and as a result, a really high CPL.

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How To Make Big Demand Gen Bets That Beat the House (and Deliver ROI)

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said every B2B marketer in 2023. Let’s look at some strategic shifts you can make to push through 2023 and set yourself up for success moving forward. Mark Zuckerberg even called 2023 the “ year of efficiency.” In fact, nearly 30% of major advertisers said they’re cutting their ad budgets in 2023.

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Using Data to Build a Demand Generation Engine

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Google PPC ads still drive a solid cost per lead (CPL)? In 2023 and beyond, it’s imperative to keep everyone’s favorite tactics in mind but only invest in the ones putting closed-won deals in your pocket. Your goal for 2023 is to get to that next stage. Note: There’s no right or wrong CPL. Sign me up. Keep it up.

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Campaigns and budget setup

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For instance, the CPL threshold for our “Demand Event 2023” campaign, which drives lead generation for the online event, is distinct from the “MD | Newsfeed ad” campaign, which promotes demo interest. So this is a no-brainer for us!