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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. Hey, maybe I just didn’t have the chops to catch our customers’ attention on LinkedIn. But Abdallah, paid social is sooo expensive I want to remind you of my CPL at Armorblox: $3k. Your CPL or CPO after a few campaigns are just your benchmarks.

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How Metadata Fundamentally Changed My Approach to B2B Marketing

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Seriously: our lead-to-conversion rate increased by 15X and our cost per opportunity (CPO) went from $40k to $800. For context, our cost per lead (CPL) was around $1,000 before we started using Metadata. With Metadata, our CPL dropped to about $50. I was instantly hooked. Our ads started looking more like this—and they worked.

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

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To find out what’s working, we looked at what’s working for our own customers. Our customers run the gamut from software to manufacturing to services—each with their own unique demand models. Our customers run the gamut from software to manufacturing to services—each with their own unique demand models.

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

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And…what if I told you we have native customer data to prove it. Here’s the ROI on $80M of spend by Metadata customers running experiments Here’s a bold claim we’re proud to stand by: our customers reap the benefits of paid ad experimentation no matter how many experiments they run. It’s not luck—it’s science. 101-500 4.3X

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

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To find out what’s working, we looked at what’s working for our own customers. Our customers run the gamut from software to manufacturing to services—each with their own unique demand models. Our customers run the gamut from software to manufacturing to services—each with their own unique demand models.

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We’re Breaking Free: Why It’s Time for Demand Gen Marketers to Own Their Data

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That many people reading our 2023 B2B paid social benchmark report were surprised by the high cost per opportunity (CPO) of paid social advertising. Everyone, including Sales, Marketing Ops, and Customer Success, must work together to keep campaigns flowing. Does Facebook or LinkedIn drive a better CPO?

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

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Liam outlined these backburner metrics in his DEMAND session as follows: Cost metrics: Metrics that measure the cost per something —think cost per lead (CPL) and cost per acquisition. In fact, we encourage our customers to invest a sizable chunk of their budget in brand awareness ads on Facebook despite the channel’s low cost per click (CPC).