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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. That said: “Download” has both the highest CTR and the lowest CPL.

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

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For example, an $82 CPC could be great for a company that only targets CEOs of maritime engineering companies with a $100k ACV product, but horrible for a company selling task management software to developers for $12/month. You’ll optimize to this metric if you’re running a brand campaign, while you’ll optimize to CPL for lead gen.

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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. While our average account value (ACV) was much higher than that, I knew this level of spending wasn’t sustainable. But Abdallah, paid social is sooo expensive I want to remind you of my CPL at Armorblox: $3k. My next move?

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

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For example, an $82 CPC could be great for a company that only targets CEOs of maritime engineering companies with a $100k ACV product, but horrible for a company selling task management software to developers for $12/month. You’ll optimize to this metric if you’re running a brand campaign, while you’ll optimize to CPL for lead gen.

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How to Make the Most of Your B2B Demand Gen Budget

Walker Sands

Unfortunately, we were seeing a really high CPC for our primary keyword target and as a result, a really high CPL. The team decided to run a similar campaign on Bing Ads and found that not only was the CPC significantly lower, but we were able to generate just as many leads, resulting in a much lower CPL and a happy client.

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How to Choose the Right B2B Lead Gen Vendor (Without Being Intimidated)

NetLine

Only 2.35% of visitors coming to your landing page actually become leads. . To say that another way, roughly 97% of all lead gen budget spend is wasted. Considering how vital new leads are to B2B organizations, this is something that should be addressed immediately. How do they hand off the leads? That’s right.

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LinkedIn vs Facebook: Which Will be Better for B2B in 2021?

Oktopost

In addition, according to some studies, LinkedIn users convert to leads at a rate nearly three times higher than Twitter or Facebook users. The difference of quality versus quantity is clearly reflected in the advertising costs on either platform. What do all these statistics really tell us? It’s fast, it’s painless, and it works.

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