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What Is Cost Per Lead, and How Can You Use It To Improve Your Marketing?

Marketing Insider Group

It seems like all you have to do is think about marketing and you’ll start seeing endless ads for companies promising foolproof lead generation. The name of the game in marketing is fine-tuning your application of proven strategies through testing and reviews. How do you know which tactics work and who’s just blowing smoke?

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Distribution 101: The Content Marketer’s Guide to Facebook Ads Tips

Contently

With the right strategies, paid Facebook advertising is an effective way to reach new audiences, engage with prospects, and get new leads. Content marketers can also use boosted posts and stories to reach new audiences, amplifying their content’s reach while still utilizing their existing assets.

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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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A quick definition for newer marketers in the room: A call to action (CTA) is a statement that prompts someone to do something. In the context of paid social advertising , a call to action encourages someone in your target audience to do something next, such as download an ebook, request a demo , or learn more about your product.

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Is paid social advertising still worth it in 2023?

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Like almost every B2B company on the planet, I knew my success would hinge largely on paid social advertising. 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.

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

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For demand marketers focused on driving sales and business growth, revenue is the ultimate KPI. When you hit the sweet spot of the right audience, right social channel, right ad and right offer, there really isn’t a better advertising medium for B2B. So, what’s working in social advertising for B2B marketers?

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LinkedIn Ad Benchmarks: CTR, CPC, and Conversion Rate

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It’s not exactly news that LinkedIn advertising can be expensive. and “LinkedIn is the most expensive digital advertising platform.”. But, long story short, the B2B-heavy audience and granular targeting on LinkedIn make the higher cost worth it for B2B advertisers. Like any good marketer, we’ll tell you: it depends.

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Using Data to Build a Demand Generation Engine

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B2B marketing is a lot of what-have-you-done-for-me-lately and a never-ending game of follow the leader. Some marketers see ROI on TikTok ? Google PPC ads still drive a solid cost per lead (CPL)? While we’re all playing from the same B2B marketing playbooks, your interpretation of them will (and should) vary from your peers.