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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. Advertisers pivoted from contact-collection mode (lead generation) to pure brand awareness plays. CPO N/A $21,378.29 CPO $7,722.17 $7,546.49 CPO $8,330.22 $4,869.48

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Is paid social advertising still worth it in 2023?

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So, I did what any demand generation marketer would do in my situation: DIY’d some LinkedIn ads using the platform’s native tools. After a few months, my cost per lead (CPL) was $3k, and I was in a frenzy. 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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You’ll optimize to this metric if you’re running a brand campaign, while you’ll optimize to CPL for lead gen. Cost per lead (CPL): CPL measures the efficiency of your campaign. How much can you spend to generate a qualified lead and convert that lead to a customer? and is most expensive.

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

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Optimize for pipeline (not CPL) and use auto-pause My biggest gripe with native ad channels is that you can only optimize toward vanity metrics like leads, impressions, and clicks. There’s nothing inherently wrong with this—we’ve all done it—but this approach won’t cut it if you’re truly trying to maximize your budget.

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

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You’ll optimize to this metric if you’re running a brand campaign, while you’ll optimize to CPL for lead gen. Cost per lead (CPL): CPL measures the efficiency of your campaign. How much can you spend to generate a qualified lead and convert that lead to a customer? and is most expensive.

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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. (Okay, he didn’t use those exact words, but he did make it clear that it’s time for you to put certain performance metrics on the backburner.)