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LINKEDIN LEAD GENERATION
TIPS AND TRICKS
The webinar will start in 2 minutes
LINKEDIN LEAD GENERATION
TIPS AND TRICKS
The webinar will start in 1 minute
LINKEDIN LEAD GENERATION
TIPS AND TRICKS
December 2023
4
Agenda
• Why LinkedIn is so good for B2B lead generation
• Organic lead generation
– Connections, posts, events & ads in the Inbox
– Automation tools
• Paid lead generation
– Sponsored posts, Lead Gen ads, Document ads & Inbox Ads
– Building audiences
– Optimising audiences
– KPIs and metrics
• Tips and tricks
• Help from Napier
• Key take-aways
5
Why LinkedIn is So
Good for Lead
Generation
• 900 million accounts
– 180 million in USA
– 58 million organisations
• Support for 26 languages
• 16% of US users log in every day
• LinkedIn private message conversations growing 25%
yr-yr (2022)
• Sponsored content generates 2x the results of email
• 150 million new newsletter subscriptions in 1Q2023
6
Is LinkedIn
Really that
Good?
• Expected to represent 50% of all B2B
display advertising in 2024
– $9.2Bn
– Lots of competition
• Minimum audience size for sponsored
content is 300, but LinkedIn
recommends 50,000+ to allow the
algorithm to work efficiently
• 7 minutes per visit on average
– 54 mins/day for TikTok and 34 for
Instagram
7
But the Targeting
is Amazing
• Location
• Company
• Industry
• Job role
• Seniority
• Job title
• Group membership
• Retargeting
8
Organic Lead Generation
9
Connections
10
Who Viewed
Your Profile?
• Premium feature
• Can result in leads
– But not always a good source
11
Posts
• Route to landing pages
• Use personal
and company
pages
• Get sales to
amplify your
posts
12
Events
• Events on LinkedIn are great
ways to generate leads
• Event doesn’t have to run
on the LinkedIn platform
• You can share or pay for
promotion
13
InMails
• Not just for sales teams
• Great for targeted campaigns
– E.g. ABM
• Premium account required to target
people who are not 1st level contacts
• Need to consider whose account you
will use
14
LinkedIn Automation Tools
15
Paid Lead Generation on LinkedIn
16
Paid Options
• Sponsored posts
– And other sponsored content
• Lead Gen Ads
• Document Ads
• InMails
17
Lead Gen Ads
18
Document Ads
19
Message Ads
• Generally poor performance
• Seen as spam by some users
20
Conversation Ads
• Questions and sequence of
follow-ups
• Drive recipients to
registration for event,
webinar, white paper, etc.
• Not available in the EU 
21
Building an Audience
22
Building an Audience
Your audiences
LinkedIn audiences
e.g. HR professionals
Audience Expansion
Language
(you need adverts
in the language you
target)
Firmographics
& Demographics
Location
(permanent is
usually best)
Saved Audiences
(retargeting,
look-alike)
23
Optimising an Audience
24
Paid Lead Gen
KPIs
• Setting the right KPIs is essential
– So many variables and so much data
– Huge range of “typical” values
– Metrics very dependent on audiences
• You must define what constitutes a “good” lead
• And you must base all your measurement on these
“good” leads
• Ultimately CPM, CPC, CPL and other vanity metrics
don’t matter
• It can be hard to optimise small campaigns due to
low volumes
25
LinkedIn Lead Gen Tips and Tricks
26
Audience Network might Increase Performance
• Typically lower cost than
on main platform
• But some of the
placements might not be
ideal….
• Brand safety lets you
control where ads shown
27
Don’t Bid the Recommended Amount
• Three bidding strategies
– Maximum delivery
– Cost cap
– Manual bidding
• Maximum delivery does need a significant amount of data to optimise
• Cost cap and manual bidding might produce worse results
– But can be better, particularly for small campaigns
– Try bidding a different amount to find out minimum bid
28
Job Titles are Flexible…
• Job titles are NOT matched exactly on LinkedIn
– Necessary because of huge range of titles
• But problems exist
– “Engineer” matching people with “Sales Engineer” as their job title
• Use demographics data to spot problems
• Use exclusions to eliminate spurious matches
– Generally job function works well
29
Use Engagement to Build an Audience
• Generating a click is much cheaper than a lead
• With reasonable budgets you can use retargeting:
1. Run content ad/document
2. Build a retargeting audience from those who engage
3. Use this audience for lead generation
• Particularly important if you can’t define audience clearly
– Must have people currently in market
– Or can’t specify exactly using LinkedIn data
• Can also retarget based on visits to website, etc.
30
Help from
Napier
• Training
• Campaign Reviews
• Turnkey Lead Generation
campaigns
31
Key Take-Aways
• LinkedIn is a great source for leads
• It can be expensive in terms of CPL
• There are many ways to generate leads on
LinkedIn
– Make sure you test & use the best one
• Building and optimising audiences is critical
– Understand your audience & use
demographics
• Test, test and test again
• Measure what matters, not vanity metrics
32
Questions?
www.napierb2b.com
mike@napierb2b.com

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LinkedIn Lead Generation Tips and Tricks

  • 1. LINKEDIN LEAD GENERATION TIPS AND TRICKS The webinar will start in 2 minutes
  • 2. LINKEDIN LEAD GENERATION TIPS AND TRICKS The webinar will start in 1 minute
  • 3. LINKEDIN LEAD GENERATION TIPS AND TRICKS December 2023
  • 4. 4 Agenda • Why LinkedIn is so good for B2B lead generation • Organic lead generation – Connections, posts, events & ads in the Inbox – Automation tools • Paid lead generation – Sponsored posts, Lead Gen ads, Document ads & Inbox Ads – Building audiences – Optimising audiences – KPIs and metrics • Tips and tricks • Help from Napier • Key take-aways
  • 5. 5 Why LinkedIn is So Good for Lead Generation • 900 million accounts – 180 million in USA – 58 million organisations • Support for 26 languages • 16% of US users log in every day • LinkedIn private message conversations growing 25% yr-yr (2022) • Sponsored content generates 2x the results of email • 150 million new newsletter subscriptions in 1Q2023
  • 6. 6 Is LinkedIn Really that Good? • Expected to represent 50% of all B2B display advertising in 2024 – $9.2Bn – Lots of competition • Minimum audience size for sponsored content is 300, but LinkedIn recommends 50,000+ to allow the algorithm to work efficiently • 7 minutes per visit on average – 54 mins/day for TikTok and 34 for Instagram
  • 7. 7 But the Targeting is Amazing • Location • Company • Industry • Job role • Seniority • Job title • Group membership • Retargeting
  • 10. 10 Who Viewed Your Profile? • Premium feature • Can result in leads – But not always a good source
  • 11. 11 Posts • Route to landing pages • Use personal and company pages • Get sales to amplify your posts
  • 12. 12 Events • Events on LinkedIn are great ways to generate leads • Event doesn’t have to run on the LinkedIn platform • You can share or pay for promotion
  • 13. 13 InMails • Not just for sales teams • Great for targeted campaigns – E.g. ABM • Premium account required to target people who are not 1st level contacts • Need to consider whose account you will use
  • 15. 15 Paid Lead Generation on LinkedIn
  • 16. 16 Paid Options • Sponsored posts – And other sponsored content • Lead Gen Ads • Document Ads • InMails
  • 19. 19 Message Ads • Generally poor performance • Seen as spam by some users
  • 20. 20 Conversation Ads • Questions and sequence of follow-ups • Drive recipients to registration for event, webinar, white paper, etc. • Not available in the EU 
  • 22. 22 Building an Audience Your audiences LinkedIn audiences e.g. HR professionals Audience Expansion Language (you need adverts in the language you target) Firmographics & Demographics Location (permanent is usually best) Saved Audiences (retargeting, look-alike)
  • 24. 24 Paid Lead Gen KPIs • Setting the right KPIs is essential – So many variables and so much data – Huge range of “typical” values – Metrics very dependent on audiences • You must define what constitutes a “good” lead • And you must base all your measurement on these “good” leads • Ultimately CPM, CPC, CPL and other vanity metrics don’t matter • It can be hard to optimise small campaigns due to low volumes
  • 25. 25 LinkedIn Lead Gen Tips and Tricks
  • 26. 26 Audience Network might Increase Performance • Typically lower cost than on main platform • But some of the placements might not be ideal…. • Brand safety lets you control where ads shown
  • 27. 27 Don’t Bid the Recommended Amount • Three bidding strategies – Maximum delivery – Cost cap – Manual bidding • Maximum delivery does need a significant amount of data to optimise • Cost cap and manual bidding might produce worse results – But can be better, particularly for small campaigns – Try bidding a different amount to find out minimum bid
  • 28. 28 Job Titles are Flexible… • Job titles are NOT matched exactly on LinkedIn – Necessary because of huge range of titles • But problems exist – “Engineer” matching people with “Sales Engineer” as their job title • Use demographics data to spot problems • Use exclusions to eliminate spurious matches – Generally job function works well
  • 29. 29 Use Engagement to Build an Audience • Generating a click is much cheaper than a lead • With reasonable budgets you can use retargeting: 1. Run content ad/document 2. Build a retargeting audience from those who engage 3. Use this audience for lead generation • Particularly important if you can’t define audience clearly – Must have people currently in market – Or can’t specify exactly using LinkedIn data • Can also retarget based on visits to website, etc.
  • 30. 30 Help from Napier • Training • Campaign Reviews • Turnkey Lead Generation campaigns
  • 31. 31 Key Take-Aways • LinkedIn is a great source for leads • It can be expensive in terms of CPL • There are many ways to generate leads on LinkedIn – Make sure you test & use the best one • Building and optimising audiences is critical – Understand your audience & use demographics • Test, test and test again • Measure what matters, not vanity metrics

Editor's Notes

  1. Source: Microsoft/LinkedIn
  2. Source US B2B Digital Ad Spending Forecast 2022 by eMarketer Insider Intelligence Source – LinkedIn Source – Statistica - Average time spent per day on select social media platforms in the United States in 2023
  3. A lot of people try to grow their network as large as possible. It’s not always the best thing if it results in lower engagement with your post.
  4. Many tools aim to automate outreach and engagement on LinkedIn. Our experience is that the outreach tools do grow your network, but the “pod” tools make little difference to the reach of your posts. Beware the risk of having your account suspended for using automation (which is against the terms of service for LinkedIn).
  5. Couldn’t find companies using these ads Can result in better conversion rate than lead gen ads – depends on audience and content
  6. Audience expansion is possibly the most controversial feature on LinkedIn… The more specific your specification, the more expensive the CPM and CPC is likely to be, but the leads might be better quality – it’s worth experimenting.
  7. Note that this campaign was not set up well – we are targeting people writing marketing plans, but engineering, operations, IT are all bigger audiences than marketing. We’ll talk about why this is later on.
  8. More information - https://www.linkedin.com/help/lms/answer/a427359
  9. Example of audience you can’t specify using LinkedIn data