Linkedin Paid Ads - From A to Z by Impactable.com

Justin Rowe

This podcast comes from the founder and CMO of Impactable.co which is a Linkedin marketing agency that has launched 1,000+ Linkedin lead generation campaigns and Linkedin Paid Ad campaigns in 30+ countries. This scrappy startup was acquired in early 2021 and is now backed with amazing resources by way of data and business intelligence companies to keep us at the forefront of what's new and possible in the world of LinkedIn Marketing. This Podcast will start with the absolute basic level of Linkedin Ads and introduce you to it in the way that we would introduce a toddler to a bike. You'll get a solid understanding of the basic foundations of Linkedin Ads and then slowly progress into more challenging waters which will broaden your understanding of what's possible with Linkedin Advertising.

  1. 01/17/2022

    Linkedin Paid Ads Vs Facebook Paid Ads

    Linkedin Ads VS Facebook Ads People really like to compare different ad channels to each other to try to see which one is better or where they should put their money or maybe even just what to try next.  I’ll start off by saying that each channel is actually pretty different for a few different reasons and you can’t just be thinking in terms of cost per click or cost per lead.  You need to evaluate channels on these criteria.  TargetingEach channel builds targeting in a different way and is better suited for targets that match a certain demographic.  Part of this is because people actually use each platform differently and are in different modes when using them.  Facebook is traditionally considered a more consumer-type platform where people come to consume content, be entertained, and buy B2C-type products. These are typically impulse buys.  It’s typically not the best place to start a B2B relationship or build a target list using their filters but it can be a great medium to show up on if you bring your targeted list from outside.  Targeting on Facebook: On Facebook, you can’t really get that granular on the position title, years of experience, industry, and things of that nature. You can target “business owners” or professionals and then you can work in interests that might help identify what bucket they fall in.  Targeting on Linkedin: Linkedin is the world’s largest professional database which gives it a pretty big advantage when it comes to building targeted lists for B2B ads or outreach.  You can specify things like: Position tile Job function Seniority level Geography Years of experience Industry Company size  And then on top of those..things like interest in marketing automation, retargeting, sustainability and more.  You can stack job/industry criteria on top of interest/skill sets to really get an ideal prospect who is more likely to have a need and be interested in your offering.  Audience mindset The other thing I try to keep in mind when advertising on a channel is this. What is the average user really here to do. And is my ad going to disrupt that activity in a good way or bad way?  Linkedin is probably the only platform that B2B decision-makers actually log on to with the mindset of being influenced on business and buying decisions. They are looking for industry news/insights, tips + hacks, and also to discover new products/services and vendors that could save them money or deliver better client success.  Price vs Quality The other sticking point for many is that they hear “Linkedin ads are just too expensive” or maybe just more expensive than facebook.  If you are looking at cost per click or cost per lead…i’ll 100% agree with you.  I’d argue that Linkedin delivers much higher quality traffic for the above reasons and that a booked call from Linkedin is 3-5 more likely to end up as a new paying client than a Facebook call.  I’d take 5 Linkedin ads booked calls over 10 Facebook booked calls any day of the week.  So what’s the answer? - I’d use both but favor Linkedin with my spend. To me it’s rarely ever a matter of this or that..but more how do we leverage each platform to their best functionality.

    14 min
  2. 01/05/2022

    Elements of a Linkedin Ad - Launch Day!

    Elements of a Linkedin Ad - Launch Day! 1. First, you have the name at the top. This is optional but can help with organization or even numbering different options.  2. Next, you have the introductory text space.  This is where you’ll input the main copy for the ad which will show above the image. For this one, I’m referring to single image ads which are the most common. Once you understand how these work and what each space is for, the other ad formats are honestly not that intimidating.  3. Third up is the destination URL This just means that if someone clicks the image of the ad or the call to action button (CTA) this is the destination they will be pushed to.  4. Next is the ad image.  We like to use rectangular images here much like the “sponsored Linkedin post” option in canva. These are typically 1200 x 627.  5. Fifth element of an ad is the headline.  This is the small sentence (just 200 characters) that will show below the image of the ad and next to the call to action button  6. The 6th element of a Linkedin ad is the description.  You get 300 characters here and it’s basically as it sounds..a description of the service or action you’d like them to take.  The thing about the description is that it will not actually show on mobile. It can only be seen when you are leveraging the Linkedin display network and when the user is on the desktop.  For us that means that this is typically visible when we run retargeting campaigns and open things up to the Linkedin audience network.  In the event that this actually does show, it will show the description and not the intro. So viewers will see the image, the headline, and the description.  Just something to keep in mind when using the audience network.  7. Last element of a Linkedin ad here is the call to action button.  This is the button that appears on the bottom right of the ad image and has a clickable action.  This is just a text filed and then the prospect will be pushed to the destination URL when they click.  For example the most commonly used would be “learn more” and which then pushes them to the website destination URL.  OR “Download” which then pops up a LinkedIn lead gen form which triggers an ebook to be sent to the prospects provided email address.  And there you have it folks….you are ready to save and launch the ad! And if you’ve been following along and setting things up with us, you have everything you need to track conversions, build the retargeting audience, and launch a killer retargeting campaign in about a month! Keep following us as we get into some intermediate stuff next with ad optimization, retargeting strategy, UTM tracking, Google analytics, and more!

    17 min
  3. 12/30/2021

    Linkedin Ads - Bidding and Budget Basics

    Linkedin Ads Bidding Basics I actually  leave a lot of my campaigns on these settings: Set a daily budgetRun campaign continuouslyMaximum delivery (automated). Let’s walk through it real quick.  Set a daily budget. This just means that instead of setting a lifetime budget with an end date..I choose to put a daily budget that just continues to run until I decide it’s over. The way I approach most marketing is not in 2-week sprints or a 60-day trial.  Most marketing should honestly be an ongoing and continuous effort that you work on optimizing and perfecting.  Most of you should be familiar with that concept but this is just ad budgeting 101 here.  **Keep in mind that depending on other factors such as audience size, bid amounts, active members in your search group, it may spend under your daily budget or it might come in slightly over that budget occasionally.  Run Continuously If you’d like you can actually change this setting to have a set end date. This works really well with seasonal campaigns or short tests you’d like to run.  Bidding. Under bidding, we have a few options. We can optimize toward conversions, clicks. Or impressions. Just starting out and in most cases, you’ll choose the option that aligns with your objective goal at the top of this page but Linkedin actually will choose that automatically for you by default.  One thing to keep in mind is that conversion focus requires data. You actually need to have a handful of conversions to be completed and tracked for Linkedin to have any idea how to optimize for that goal.  So if you’re just starting out or don’t have that data in yet, you are probably better off just optimizing for clicks/website visits.  Linkedin will also by default set you up with maximum delivery which is not bad. There will be some waste there but until you are more advanced and comfortable and also willing to check in on your campaign more frequently (daily), it’s probably best to just leave it as automated for convenience.  Manual bidding would allow you to set a maximum CPC which could result in your full daily budget not being used.  There are some advanced tricks we can talk about in a later episode where you can start low and walk your way up to find the right manual bid amount for you but that will be for another time.  Conversion tracking. I’ll just throw this in here because after this we just need to input the ad elements and launch! So this conversion tracking section is just where you click the different conversions you want to be attached/tracking with this campaign. If you already set these up (which we covered in an earlier episode) then you should just have to click the boxes and then hit next! Ok folks..that’s it for today and in our next episode, we will actually input the elements of an ad and launch one!

    14 min
  4. 12/29/2021

    Linkedin Ads Audience Filters

    Let’s get into a fun one here which is Linkedin targeting - the actual audience that you can target with your Linkedin ads and what filters you have to work with here.  Linkedin’s targeting capabilities are probably one of the top 3 reasons people actually love Linkedin ads and one of the main reasons they are so effective.  It’s also part of the reason the cost per click and cost per lead are a bit higher compared to maybe facebook because the quality is just better.  Today I’m just going to quickly run through the basics so you know what’s possible.  The two main sections of linked ads targeting are Audiences and Audience attributes.  Audiences are those that you either import yourself or that are created through your custom audience functions like conversions, website visitors, or specific page visitors, company page visitors, lead gen form opens and so forth.  This one is used heavily for retargeting.  The Audience attributes is the main filters used to create a cold audience to target. Main subsections you have are: Company Demographics Education Job Experience Interests and Traits Let’s run through these next. Company filters: The main one used here is just industries.  There are also some others like growth rate, follower of, company connections, and category but Industry is really what most people use and very rarely does anyone use the others.  Oops, I missed one here - Company size is under company and it’s one of the top 5 filters everyone should be using. 1-10-10-50 50-200 etc. Almost every business out there does way better when they know what company size they do best with.  Demographics: This is just member age and gender. Education is the next one.  Job experience.  This is where you can target by job function, job seniority, job title, member skills, and years of experience.  You have to choose between either function plus seniority or just job title as it won’t let you pair job title with seniority or function (which makes sense as the job title pretty much should tell you both of those as well).  Interests and Traits This one is kind of cool. It’s a bit like Facebook but better because you are combining this interest filter with all the other laser-like filters.  So for example I could target financial advisors that have an interest in marketing automation and hit them with ads about an automated Linkedin outreach service. That extra insight as to which financial advisors are more likely to vibe with our offer can make a big difference in ROI.  Some other cool traits/interests in here are - job seeker, job hopper, active on Linkedin, open to education, recently switched jobs, open to relocation, recently promoted, and then you can dive into either general interests (sales/marketing/health/business, etc) or product interests which would be like CRM software, health products, marketing automation.  After you get the right targeting filters in place, you can create an exclusion list using the same filters or uploaded list, and then you are ready for bidding and almost ready to launch! In the next episode, I’ll touch on bidding basics, and then we will actually do the ad setup and launch on of these bad boys.  Keep listening after we get through the basics and I’ll walk you through more advanced strategies soon.

    18 min
  5. 12/21/2021

    Impactable.com - Our Own Linkedin Paid Ads Strategy

    Conversion setu We actually got rid of the form on our website because it was just another hurdle for people to jump through before booking a call and then required another touchpoint to follow up with those who submit a form but don’t book a call.  Instead, the first conversion we track is actually booked calls.  How did we do this? We use calendly to book calls and calendly (along with most call booking tools) allow you to set up a URL redirect upon booking.  This means that when they confirm the call booking, they get redirected to a URL of our choice. So we send them to a call-booked thank you page on our website which allows us to set that as a checkpoint that we can track for conversions. We then also put a conversion value on this so we can give our different conversions values and optimize for the ones worth the most. B. Purchase conversion We use a software called Paykickstart to manage sales pages, upsell offers, subscriptions, and affiliates. Once they hit purchase and it goes through, they get directed to purchase confirmed URL on our website that allows us to track this as a conversion and slap a value on it.  Next stop - Custom Audiences. I’ve set up some cool custom audiences for us so here a few.  Website visitors (all) Those who visit our outreach offering page Those who visit our Linkedin paid ads offering page Those who visit our google ads offering page Those who book calls with us Those who purchase from us Those who visit our company page Those who have clicked on one of our cold LinkedIn ads Those who have clicked on a google ad  Those who have clicked on any of our paid marketing channels.  My cold ads. For this ad I actually took a screenshot of an organic post I made from my personal account.  This allowed me to visually show high engagement - I think it had 100-200 likes and a lot of comments.  The other fun thing here is that on the screenshot it starts to show how the conversion value was 16k for retargeting and has a … view more like a real post would show..but again this is just a screenshot so when they click on that..they are actually just clicking on the photo which then takes them to my landing page.  The Click-through rate on this is over 3% which is absolutely absurd. You won’t see that anywhere on a cold audience.  Our cost per click is under $3 which again for a cold campaign is just ridiculous.  Retargeting  Next up I actually have 4-5 retargeting layers going at the same time.  I have a trust/credability campaign that retargets website visitors with things like case studies, testimonials, press releases, a few other things.  I then have a campaign that promotes my other channels such as youtube, podcast, and newsletter.  I then have a 3rd retargeting campaign - this one segments those that visited my ads page but not my outreach page and hits them with outreach offers just making sure they know we have that capability.  A 4th retargeting layer is a series of text ads that have a whole range of uses/offers - because these get such high frequency…we can really work in a ton of different options and strategies of what to say.

    29 min
  6. 12/14/2021

    Basic Strategy/Example of Linkedin Paid Ads Campaign

    Let’s break up the tedious foundational walk-through and take a step back to a little more high-level view of what we are looking to build.  For those who have never run Linkedin ads before, this will shed light on what all these pieces we are building will eventually look like. And for those who are currently dabbling or running Linkedin ads, this might shed a little light on if you are on the right path or give you a different perspective.  Overall Strategy Here is the summary/cliff notes. Our goal is to find our ideal prospects, get our company and solution on their radar, build up trust and credibility with them until we are the clear expert in our space (or at least a top contender), and then nudge them into converting. All while tracking each action/metric so that we can test and improve.  So here is what a decent 101 basic Linkedin Paid Ads strategy might look like.  You create the audience inside LinkedIn ads and go after marketing startups with 50-200 staff who operate inside the USA, speak English, and our targeting will include founders/owners/ceo’s/presidents - I’ll also throw in that they have an interest in chatbots and marketing automation and are frequent contributors on the platform which means they are active and more likely to interact with our ads.  Next, I’ll run cold ads to this group in the form of Single image ads to get on their radar - depending on the need and complexity of my solution I can either be pretty blunt take a longer approach. I might run a case study as a cold ad (what we do), touch on their major pain point, or come right out and just announce the solution we offer to see if they are curious enough to bite - which in this case means click.  Step 3 - we track all the intent signals from this cold campaign which means we track all the website clicks it produces, company page visitors, even video views if we ran any here or lead gen form opens.  We track all of those signals and put those that do interact with our ad, company page, or website into a retargeting audience. We now know they fit our ideal target criteria and have shown some form of interest which makes them a pretty warm lead if you ask me.  The next step here is to build up trust and credibility - You see that one click into your website will rarely ever convert. It’s likely not the right time and even if it is, they don’t know you or trust you yet. We no retarget this group who have shown interest with a series of ads - but these ads won’t always look like ads. I’ll run case studies, testimonials, press releases, us in the news, awards we’ve won, and even cross-promote our podcast, youtube channel, newsletter, and any other communities we are growing.  Paid ads is the best way to ensure the distribution of key content that creates a story or narrative that we want our prospects to see. This is the modern-day nurture sequence. Not some clunky 52 step email drip that they might only open half off.  I like to layer in the ads as well so they see some variation or a different angle of us almost every time they log into Linkedin - when you are just filtering the ones who have shown intent, it’s a small enough group that you can dominate without a ton of spend.  Retargeting might only take 20-30% of the budget but it will account for 80-90% of the conversions.

    14 min
  7. 12/13/2021

    Linkedin Ad Types/Formats

    Welcome back and we are grinding out the basics here still. A lot of foundational info to get through but it’s important to really understand what the capabilities are here in order to know what’s possible.  I won’t spend too much time here (hopefully) as my main goal is just the basic understanding of the Linkedin ad formats you can work with.  Single Image Ad This is probably the most used type of Linkedin ad - You get to choose an image, intro text, and a headline for the ad which then appears in the prospect home feed. Great for almost any use and can be used in 100 different ways.  These are the most common ads that you tend to see in your feed.  A small tip here - Linkedin paid ads will always show “sponsored” underneath the company name when it’s a paid ad in your feed.  LinkedIn Carousel Ad  These are the ads that have multiple images that you can scroll through from left to right. You can use them to show off different product offerings or could be more like a storyboard or even just bullet points. They don’t tend to get the best cost per click but can be great for exposure and retargeting. Linkedin Video ad-Pretty simple - this is the ad type you’d select if you are going to run a Linkedin video ad.  You can use this with different objectives (not just video view objectives). A common one I see is using a short webinar video with a conversion or website visit objective.  Linkedin Text AdThese ones are pretty cool. They currently show up above the main LinkedIn feed or over to the right of the feed and only give you a very limited space to get a message across to prospects.  Pros: They get a pretty good cost per click and a high number of impressions because they are currently underused by most.  Cons: They can’t accumulate likes/comments so no social proof is possible long term and the space is really limited of what you can write.  I’d recommend using these in the retargeting layer for most campaigns.  Linkedin Spotlight ad Spotlight ads show up on the right side of the feed and show in a box format with the prospect's profile image next to the ad in order to get their attention. You get super limited space for text here but they can be great to grab attention and also will show off your company logo as well.

    22 min

Ratings & Reviews

4
out of 5
4 Ratings

About

This podcast comes from the founder and CMO of Impactable.co which is a Linkedin marketing agency that has launched 1,000+ Linkedin lead generation campaigns and Linkedin Paid Ad campaigns in 30+ countries. This scrappy startup was acquired in early 2021 and is now backed with amazing resources by way of data and business intelligence companies to keep us at the forefront of what's new and possible in the world of LinkedIn Marketing. This Podcast will start with the absolute basic level of Linkedin Ads and introduce you to it in the way that we would introduce a toddler to a bike. You'll get a solid understanding of the basic foundations of Linkedin Ads and then slowly progress into more challenging waters which will broaden your understanding of what's possible with Linkedin Advertising.