Advertising on LinkedIn is often extremely powerful for reaching a highly-segmented audience that meets unique professional criteria. Implementing effective LinkedIn promotion tips can be challenging, especially for beginners with limited advertising experience. Despite the lengthy procedure, the advantages are well worth it.
5 Best Tips to Improve LinkedIn ads Performance
It’s time to improve the effectiveness of your LinkedIn ads and their performance. Implement these best practices to assist with lower costs, reaching the proper audience, optimized performance, and tracking success.
1. Never use large audience numbers
Many people misjudge the size of their target audience. I have seen marketing campaigns with an audience of 2 million users and just a budget of €300. Rather than spreading money over several platforms, using LinkedIn’s Matched Audiences option may enhance campaign reach for limited costs by assuring smart investment and precision. It is accessible for all advertising products on the site, including Message ads and sponsored content.
Matched Audiences provides:
- Contact targeting: This feature enables you to offer LinkedIn contacts on your contact list.
- Account targeting: This targeting assists you in launching an account-based marketing (ABM) campaign by linking target companies with other LinkedIn pages.
- Lookalike targeting enables you to locate audiences that are similar to the present audience with which you operate.
2. Cut the big budgets for small campaigns
Cutting down the budgets could be difficult or might look like it’s not worthy enough, but there’s a plus point to it. You can cut down on your huge ad budget that would go for a single campaign and create multiple small campaigns. Well, such a strategy often works, and believe it or not, many top brands are using this marketing strategy and are generating high profits and equal leads too.
3. What’s your CPC bid—the lowest?
You need to start identifying ways to lower your cost per click (CPC). LinkedIn’s Enhanced CPC Bid is the bidding option that we recommend to marketers to begin with! Why? Because it allows you to bid a delegated amount to succeed, since LinkedIn has identified it as the most clickable ad.
4. Use the CRM list to retarget
Retargeting the audience has never been fun. But with LinkedIn, it’s much easier. Building a retargeting audience based on a CRM list may be a good way to remain at the top and in the eyes of your potential customers with warm prospects and leads. To do so, you might want to upload a CRM list to LinkedIn and create what’s called a relevant audience.
5. Track your conversions
You must always keep an eye on your leads, traffic, and closures. When you are focused and can measure the conversions properly, you can also measure your brand’s success and, of course, the success of your ads and campaigns too. With these insights, you will also come to know about the perfect campaign, the type of customers, and their needs for your brand.
Conclusion
LinkedIn is not yet a popular advertisement platform, but let me tell you, many top brands are already using LinkedIn as a relevant and easy source of lead generation.