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

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Click through rate (CTR): CTR is an early indicator of the relevance and appeal of your campaign to your target audience. A CTR of 0.60% to 1% is considered good. Cost per click (CPC): CPC is another early indicator of efficiency, and you can use it to compare one program against another. Cost per lead.

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

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Click through rate (CTR): CTR is an early indicator of the relevance and appeal of your campaign to your target audience. A CTR of 0.60% to 1% is considered good. Cost per click (CPC): CPC is another early indicator of efficiency, and you can use it to compare one program against another. Cost per lead.

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The Framework You Need for Successful Marketing Experimentation

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In this case, you would only spend, say, $9,000 on the traditional tactic to drive 90 leads, leaving a gap of 30 leads and $2,000. This is where experimentation comes in —you need to try new things to get your CPL down to $67 for those last 30 leads. Because at any moment those tried-and-true tactics could bomb.

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The Framework You Need for Successful Marketing Experimentation

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In this case, you would only spend, say, $9,000 on the traditional tactic to drive 90 leads, leaving a gap of 30 leads and $2,000. This is where experimentation comes in —you need to try new things to get your CPL down to $67 for those last 30 leads. Because at any moment those tried-and-true tactics could bomb.

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Best Practices to Successfully Prepare and Optimize Your B2B PPC Campaigns

Launch Marketing

To learn more, follow this link to download your own copy of the white paper and get various digital marketing best practices. Some key metrics to keep an eye on include CTR, CPC, number of conversions, conversion rate and cost per acquisition or cost per lead (CPL).

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LinkedIn Advertising Best Practices and Advanced Tips

Webbiquity

Selecting Your Ad Format Single image ads are the most commonly used format, but video ads also work well for promoting blog posts, ebooks, and white papers. A key best practice is to include 4-5 pieces of creative per ad. Using multiple ad variations will maximize delivery and optimize your CTR. Anything above this is a win.

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The Ultimate Guide to Creating a LinkedIn Ads Campaign in 2024

Single Grain

Further, as Google Ads’ cost-per-lead (CPL) continues to increase at the same time as its conversion rate goes down, Sprout Social notes that LinkedIn’s CPL is 28% lower than Google’s, while the average CTR ranges from 30% to 65% depending on the ad type.