LinkedIn Marketing – 8 Reasons It’s the #1 Channel for B2B Advertising
– In this video, we're gonna
talk about LinkedIn Marketing and eight reasons why we feel it's the number one advertising channel for B2B, for lead
generation and advertising. Hi I'm JB with marketing 360, and we help small businesses grow with our marketing and
design, talent and technology, through our number one marketing
platform, Marketing 360. We call marketing and design MAD, and we love MAD, and
hopefully these videos will help you fall in love with MAD too, so make sure to follow us to learn tips, tricks and strategies
to grow your business and fuel your brand. So first off, why do we feel that LinkedIn is such a powerful channel for B2B with regards to lead
generation and advertising? And we're not talking about using LinkedIn to basically find new applicants and look for hiring channels to open up.
What we're really talking
about is B2B businesses using LinkedIn to acquire more customers and leads through that channel. And so let's talk about
these eight different reasons and why we feel that it is
so powerful in that space. Reason number one why we feel LinkedIn is so powerful from a B2B
advertising perspective is that there is 500 million professionals listed on LinkedIn. That's massive. Basically every legitimate
business that there is, the key players of that
business are at least listed on LinkedIn if not most or all of the employees of their company. So it's a huge channel
where you have direct access to this professional
audience in one platform. Reason number two LinkedIn allows you to pin point target the exact professional that you want to get out in front of.
So there's a huge list of
ways that you can target, and actually gonna just
read 'em off for you 'cause there's so many. You can target people by industry, company size, company name, job title, job function, job
seniority, years experience, schooling, degrees, fields of study, skills, age, gender and
location and geotargeting, and you can even target LinkedIn Groups which are groups of people on LinkedIn that are following a
particular topic or industry. So if you just think about
that, that's crazy right? You have all of these professionals listed 500 million, and you have
all these different ways to target those people, based on that, you can really get in
front of the perfect person at the perfect time. Reason number three, I'm just gonna extend this targeting talk a little bit further and walk you through an example. This is a reason why it's so powerful. If you were selling a product, let's just say to
contracting companies, okay. And let's say that you were
selling that product or service to contracting companies
that are only in Colorado, and you wanted to get in
front of the decision maker, which would be maybe the business owner.
If you could literally target
exactly that way on LinkedIn, so you could target the
industry of contracting, which would give you a certain
number of professionals, then you could say show
me the business owners in that industry, which
would drop that down further. You could then say show me
those folks in Colorado, that would drop it down
even more targeted, and I could even go a step further and say I want businesses that
have more than 20 employees that are contracting
businesses in Colorado, and you could get in front
of those particular people, and that will really segment it down to a very very targeted list of people that you can run ads towards which is gonna be very very accurate, and you're gonna see great results with regards to marketing.
Reason number four, LinkedIn lets you run sponsored ads that show
up in people's feeds. So a lot of people are
using LinkedIn every day to follow content, to
follow groups of content and those sorts of things. You could run sponsored
content within those feeds which can be ads for your business. These can be articles or videos or images that you put into the
feed with a call to action and one of those call to actions can be to basically get a free quote or
something along those lines that submits the lead instantly to you. This is pretty powerful because yes you can lead them to
a landing page of course, but this can skip that step even and you can click this button, LinkedIn already knows their
name, their phone number, their email, this information
is accurate right? Because they're active
users on the platform. When they click that button, that lead goes straight to you, so there's no bottlenecks and the lead information is accurate.
This is hugely effective. Cost we're seeing there
range from five dollars to 10 dollars a click,
which is super affordable, conversion rates are pretty high. We're talking 10, 15, 20% conversion rates which means the cost
per quality lead for you is generally gonna be
in that 50 to 100 dollar per lead range with high quality, so this is a really strong
channel that should consider for running sponsored content on LinkedIn. Reason five is LinkedIn let's you run InMail email campaigns, and so through LinkedIn,
basically what happens is you can send people and
professionals that you're targeting an InMail message which
is much like email, and actually it sends you an
email notification as well, so these people are going to see that.
Basically you pay per send, but it's very very targeted. The pay per send is usually
five to 10 maybe 15 dollars per send, but you're getting in front of that perfect person at the perfect time. All's they need to do is reply to you to carry the conversation forward, or you could even put a call to action in that InMail message where they can convert right there, maybe submit a lead to you directly right at that moment. So this is hugely
effective because it's hard to maybe build and even
know who to contact maybe but you know the demographics, and you know the targeting
and you know the types of professionals, LinkedIn knows the rest, so if you can set that up, you can send them a pin point message at just the right time,
probably start that conversation with somebody you've been
wanting to talk to for a while. Reason six LinkedIn
let's you run display ads and text ads which is
traditional digital advertising on the LinkedIn platform, so you can target those
particular professionals that you want to get your ads in front of, and then as they're using
the LinkedIn platform in various places,
they're gonna see your ad, your banners, your text ads
throughout the platform.
This is much like
advertising with a display across other platforms and channels also, this just happens to be on LinkedIn where your ads are
showing in front of that perfect professional at that perfect time. Reason seven why LinkedIn's powerful from a B2B perspective
is you can do retargeting on LinkedIn. What this means is you can put
a pixel code on your website, so when these professionals
are visiting your website, however they may get
there from other channels you may be advertising on, they're gonna land on your site, and now afterwards, as
they're using LinkedIn for other things, they're gonna then see your retargeting ads on LinkedIn. This is powerful because it just keeps you top of mind, so as they're
using tools like LinkedIn, they're seeing you which is
building trust in their mind, that connection should occur, they'll eventually move to
doing business with you. Reason eight why LinkedIn's effective, you can set daily budgets, and
you can set lifetime budgets to keep you within your overall budget.
So you can set that ahead of time, you can say for this
campaign I want to spend maybe a thousand dollars
and see how this performs, and then I'm gonna analyze it, but I don't want to spend more than that. You can go in there and you
can set a lifetime budget like that if you want to. Run that test, do some analysis, optimize and move forward. So those are my eight
reasons why I think LinkedIn is super powerful from a
B2B advertising perspective, but I did want to jump into some basically some bonus tips when you
start this advertising, some things you can
think about ahead of time that I think will help you
drive some better results.
Tip number one is to give it some time. Don't just give up right away, let your campaign run for a while. Studies show on LinkedIn,
after somebody sees a piece of content or an ad 10 times, the chance of them converting
is significantly higher. So if you're not running
your campaign long enough for your professionals to
see you at least 10 times, then you really haven't given them enough time to soak up your branding and your message to turn to a conversion, so just don't stop too early.
Tip number two is to optimize based on the results and
project that forward. So run a test, run a small test, see how it performs with your ad copy, with your call to action,
with who you're targeting, what do those results look like? Are there some good things
you can carry forward, and maybe some bad
things you can take out? Marketing's really just about doing more of what's working,
and less of what's not, so if you can make these iterations every time you run these campaigns, you'll eventually end
up with a super dialed campaign on LinkedIn
driving some killer results. Tip number three is to do some A/B testing of different ads and
different content pieces to see what's effective. Come up with maybe two or
three concepts up front, that you think will be good, just go ahead and run all three, and then you'll look at the analysis, and you'll see which one
really performed best, then on that second campaign, be just focused on that particular ad, call to action or piece of content.
Tip number four is that
while you are marketing and investing heavily
in LinkedIn advertising, also invest in multichannel
outside of LinkedIn. Run some ads on Google,
run some ads on YouTube, run some ads on Facebook. If somebody comes to your
site and gets retargeted on LinkedIn, they should
also see your retargeting ads on those other channels as well, because they're not always on LinkedIn.
That's very important to B2B, but they're also in these
other channels like Facebook so make sure you invest in
marketing on those as well. Tip number five is integrate
your ad campaign on LinkedIn with your CRM, so when somebody fills out a lead form and converts, or
even goes to a landing page, make sure that they're
going directly into your CRM so that you can work the lead. You could maybe even
set up email automation to deliver to them basically
additional drip campaigns of content via email after
they convert on LinkedIn, so definitely take that extra step and integrate 'em with your CRM so that you're as efficient
and automated as possible. And tip number six: use a
multichannel advertising platform to manage all this. It's very cumbersome to
manage a LinkedIn campaign and then log in over here to Facebook and manage that, and log into
over Google and manage that, it could be a nightmare right? So use a multichannel advertising platform where with one login and
one platform and one budget, you can allocate your dollars
to the channels that do best and you can see all the results
from a singular platform.
Marketing 360, that's a perfect platform for multichannel advertising,
you'll be hard pressed to find anything better,
so take a look at that, give us a call if you have any questions, we'd love to help you out. So hopefully this video
helps you better understand LinkedIn advertising, how
it could be really effective from a lead generation
standpoint for B2B advertising. If you have any questions
leave a comment, call us, also if you like the
video like it, share it, and if you want weekly text
message marketing tips, text MARKETING to 39970, thanks. (funky music).
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