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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. After a few months, my cost per lead (CPL) was $3k, and I was in a frenzy. I hired an agency. Either way, I was ready to launch paid social into the sun—until I met my now-teammate Joe Hill.

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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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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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The No-BS Buyer’s Guide From Actual Metadata Customers

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It’s hard to get much value out of Metadata if you’re not spending money on paid ads. GET THE STUDY Add in the economic downturn every company is dealing with, and getting internal buy-in becomes even more challenging. When Evan started using Metadata, his cost per lead (CPL) dropped by 30%. But that’s just the beginning.

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How Directive Found Growth Through LinkedIn Conversation Ads

Directive Agency

Our CPL was incredibly affordable compared to what we were initially prepared to spend. For lead generation purposes, we used LinkedIn lead gen forms, which funnel the information submitted into a static list into your marketing automation tool (HubSpot, Marketo, Pardot, etc.). #3. How do you set up conversion tracking?

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Facebook Ads Benchmarks: Optimize Your Facebook Spend

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I’m not telling you that every B2B SaaS company in this industry gets $X CPC or CPL. We always suggest you take these Facebook paid social benchmarks as a single data point to support a larger story. Average CPL: $224.77 Check out our B2B Paid Social Benchmarks report. Facebook for B2B?