Reach your audience on LinkedIn with these tips on targeting, ads, and bids and budget.
LinkedIn's PPC placements can help advertisers reach professional and B2B market segments. LinkedIn.com boasts over 120 million members and is the top website for professional social networking.
To best reach your audience and get great results, I've compiled a few best practices and tips.
LinkedIn provides traditional targeting like geography, gender, age, and then specific professional targeting focusing on company, job title, or groups users have joined. Break out specific audiences by campaign, and start with only one or two professional targeting filters at a time.
How to use the professional targeting filters: for example, you can target IT managers by using "job function" (IT) and "seniority targeting" (manager) in one campaign. Use "title targeting" related to "IT managers" in another campaign and compare results.
Keep ads as relevant to the target audience as possible. Here's how:
It's common for the CTR of your ad to decline if you continue to display the same ad week after week. A best practice is to refresh your ads at least once per month with new ad text or images.
Bids and Budget
LinkedIn uses a cost-per-click (CPC) or cost-per-thousand (CPM) ad bidding system. Minimum CPC is $2 and the minimum daily budget is $10. At a high level, LinkedIn only wants to show ads considered relevant to the targeted audience based on audience engagement with an ad. If the audience shows a high level of interest and clicks on the ad, the system will continue showing the ad. If the ads are not clicked, the system will begin to show them less over time.
The ad auction determines the winning advertiser and charges one penny over the second highest bid, based on their quality score and the ad's max CPC. This also determines if an impression is shown and the ad's position. A few tips to help get you the best performance out of your campaigns:
Utilizing best practices for targeting, ads, and bids can help to make the most out of your LinkedIn ads. Since keywords are not used, it's important to use these tips to ensure your campaigns and ads are relevant to the target audience.
This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) brings together the industry's leading practitioners and marketing strategists to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, this year's comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!
Lisa Raehsler is the founder and principal strategist at Big Click Co., an online advertising company and Google AdWords Certified Partner, specializing in strategy and management of SEM and PPC for search engines, display, retargeting, and social media ad campaigns. Lisa has led strategy on dozens of PPC accounts and puts her experience into practice every day as a thought leader in integrating clients' search campaigns with ecommerce websites, behavioral targeting strategies, and web analytics. She has participated extensively in the local interactive community, as well as at national search engine marketing conferences. Lisa's recent speaking engagements include SES, OMS, MIMA, HeroConf, and SMX conferences, as well as numerous private and public training engagements. As a columnist for ClickZ and Search Engine Watch, she writes on the topic of paid search. Follow her on Twitter @LisaRocksSEM.
The Marketer's Guide to Customer Loyalty
Customer loyalty is imperative to success, but fostering and maintaining loyalty takes a lot of work. This guide is here to help marketers build, execute, and maintain a successful loyalty initiative.
The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.