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Is paid social advertising still worth it in 2023?

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I was the Director of Revenue Operations & Demand Generation Strategy. 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.

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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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We’re talking about calls to action (CTAs) and how they make or break paid social campaigns. 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. CPO N/A $21,378.29

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

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And targeting your audience with paid social media campaigns is one of the best ways to do that. 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. platform ran in 2020 to find paid social media benchmarks.

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Using Data to Build a Demand Generation Engine

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Google PPC ads still drive a solid cost per lead (CPL)? The only way to do that is by building a data-driven demand generation engine. Using these tactics without regard for company dynamics and marketing maturity is reckless. Meanwhile, the Marketing team plays a supporting role akin to Jonah Hill in The Wolf of Wall Street.

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

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And targeting your audience with paid social media campaigns is one of the best ways to do that. 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. platform ran in 2020 to find paid social media benchmarks.

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3 Ways to Maximize Your Demand Gen Budget Fast

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Here’s why: Marketers and leadership teams without strong stomachs are pausing their campaigns and demand generation efforts. A study found that companies that focused on aggressive recession marketing grew during the 1980s recession by 256%, unlike those who slashed or eliminated their budget. What the heck is a “good” CPL?

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How to Approach Demand Gen in Challenging Times

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Even then, we’re having many conversations on how clients should approach demand generation strategy in the coming weeks. Consider shifting net new investment to inbound strategies: SEM, paid social, content syndication. Continue to run, develop, and even expand nurture programs. If nothing else, lead nurturing.

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