Hey there B2B marketing grasshopper 👋

In this article, we're channeling our inner Mr. Miyagi from "The Karate Kid," because we're about to master the art of creating B2B buyer personas. 

Wax on, wax off style – but with less wax and more wisdom!

Let’s dive into it. 

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TABLE OF CONTENTS:

• What Is a B2B Buyer Persona?
• 3 Major B2B Marketing Personas
• How to Develop a B2B Buyer Persona
• The Five B2B Buyer Persona Segmentations
• B2B Buyer Persona Template
• Translating B2B Buyer Persona’s into Ad Targeting

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What Is a B2B Buyer Persona?

Just like Daniel-san needed to understand his opponents in the All Valley Karate Tournament, it's important to understand your B2B buyer personas to win in the market. 

It's critical because these personas are your roadmap – they guide every marketing punch and kick you make.

If you don’t do this, your marketing efforts might be as off-target as Daniel-san trying to catch a fly with chopsticks on his first try. 

We're talking about misdirected resources and messaging that misses the mark, leaving your ROI down and out — so let's break it down, Karate Kid style:

What is a persona? It’s the semi-fictional characters that make up your target audience. It’s a great way to unpack who makes up your ideal customer profiles, called an “ICP”

3 Major B2B Marketing Personas

In B2B marketing there are 3 major personas or roles to understand in the sales process.

This is also referred to as a buying committee:

1. Decision Maker – The person who makes the final decision to purchase
2. Champion - A person who enthusiastically supports your product or service in their organization
3. Influencer - A person who can influence other members of the buying committee

Your marketing and advertising efforts should address their needs and concerns when it comes to buying and using your product or service. 

Knowing what these personas are looking for will help you tailor your messaging to make your ads stand out.

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For example: imagine your buyer persona 'Finance-Manager-Frank'. He's in his mid-40s, loves numbers more than karate, and is always on the lookout for tools that bring efficiency and balance. Where does he find his information? → LinkedIn and financial blogs

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Knowing this, you’d be able to hone in your advertising strategy to use LinkedIn ads to demonstrate how finance managers find more efficiency from their investments by using your product.

How to Develop a B2B Buyer Persona

There’s 5 major segmentation buckets to consider when putting together a B2B buyer persona:

1. Demographic Segmentation
   • Targeting potential customer based on their role (ex: Job Titles, Job Functions)
2. Firmographic Segmentation
   • Targeting potential customers based on company traits (ex: Industry, Company Size)
3. Geographic Segmentation
   • Targeting potential customers based on their company and physical location (ex:USA)
4. Technographic Segmentation
   • Targeting potential customers based on the tech they use (ex: Slack, Teams) 
5. Behavioral Segmentation
   • Fine tune your messaging based on your potential customers Jobs To Be Done, decision-making process, and more.

Within each segmentation, there’s key information you should collect to build your personas which will ultimately inform your advertising channel strategy, targeting, and messaging. 

Getting crystal clear on your buyer personas will also help you maximize your resources, build internal trust with your sales and service teams, and drive better results.

Let’s dive into the five segmentations in greater detail. 

The Five B2B Buyer Persona Segmentations:

Demographic

Target potential customer based on their role

1. Role: Identify the job title and role they’re in and what level in their organizations they fall (individual contributor, middle management, or in the C-suite – chief roles including CEO, CFO, CMO, etc).
2. Responsibilities: Identify all the key areas they oversee and manage. Pulls who they report to.

Firmographic

Target potential customers based on company traits

1. Company Industry: ex: Technology, Manufacturing 
2. Company Employee Size: ex: 500 - 1,000 employees 
3. Company Revenue Size: $1,000,000 - $10,000,000 ARR

Geographic

Target potential customers based on their company and physical location

1. Company Location: ex: United States, Canada
2. Employee Location: ex: United Kingdom 

Technographic

Target potential customers based on the tech they use

1. Tools: This breaks down the tools they use or need to do their jobs (ex: Slack, Teams)
2. Company Competitors: list out any relevant competing technologies 

Behavioral

Fine tune your messaging based on your potential customers Jobs To Be Done, decision-making process, and more.

1. Goals: This details how their job is measured by
2. Jobs to be Done/Pain Points: This elaborates on the biggest challenges they face in their role
3. Decision-Making Process: This goes into detail on who they need approval from when buying a new product/service, who signs the contract, who owns the budget
4. Evaluation Process: This details how this persona typically decides on a product
5. Objections & Concerns: this outlines what prevents them from making a decision 
6. Consumption Habits: how do they gain information for their job and what social media networks do they use

B2B Buyer Persona Template

To help you put this into action get a free copy of my B2B Buyer Persona template in Module 2 - Lesson 2 of my B2B Advertising Foundations Course when you sign up for free.  With this template you will be able to easily map out your buyer persona across the five segmentations.

Translating B2B Buyer Persona’s into Ad Targeting 

After completing the B2B Buyer Persona template you should be very clear on who you’re going after. 

Now you’ll want to review your persona’s segmentation and find possible targeting opportunities in the platforms you’re considering advertising on – your options will vary greatly by channel. 

Create a draft campaign in your ad platform of choice and review all of the audience targeting options available – sometimes you’ll need to get creative! (example below of LinkedIn Ads). 

And that my advertising friends is your way to craft a buyer persona you can use to identify the audiences you’ll be targeting in your B2B advertising.

Hope you found this article useful! 

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Connect with me on LinkedIn, and let’s keep the conversation going.

You can also visit my website here for more valuable content.

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Jumpstart Your B2B Marketing Career

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If you’re serious about mastering B2B advertising, then you definitely need to check out my free course that will teach you the foundational knowledge to becoming a high-performing B2B marketer who knows how to use advertising to drive legit business and revenue impact without the fluff or wasting your time and money learning the ropes the hard way.

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• Module 1: You’ll get a crash course in the B2Bverse and master terminology, sales processes, and working across teams.
  
  
• Module 2: You’ll learn how to become your customers' psychologists and understand them deeply through buyer personas that allow you to craft effective messaging.
  
  
• Module 3: You’ll master the B2B funnel and learn how to think like a CEO to identify performance bottlenecks and convert more leads into revenue.
  
  
• Module 4: You’ll learn how to put it all together and build your go-to-market strategy that gets your ad in front of your dream buyers and converts attention.

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This course was designed with absolute beginners in mind.

Accelerate your learning curve and start the course today for free.

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People Also Ask

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How can I ensure my B2B buyer personas remain accurate and relevant over time?

Regularly update your personas by conducting periodic market research and gathering feedback from sales and customer service teams. This ensures they reflect current market conditions and evolving customer needs.

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What are effective methods for validating the assumptions made during persona development?

Validate assumptions by analyzing customer data, conducting interviews, and implementing surveys. Cross-referencing these insights with your personas helps confirm their accuracy.

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How can I align my sales and marketing teams using B2B buyer personas?

Facilitate workshops and regular meetings to discuss and refine personas, ensuring both teams have a shared understanding of target customers. This alignment fosters cohesive strategies and messaging.

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What role do negative personas play in refining marketing strategies?

Negative personas represent segments that are unlikely to convert. Identifying them helps in excluding these groups from marketing efforts, thereby improving resource allocation and campaign efficiency.

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How can I leverage B2B buyer personas to enhance content marketing efforts?

Use personas to tailor content that addresses specific pain points and interests of each segment, thereby increasing engagement and conversion rates.

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Most marketers know the LinkedIn Ads library exists. 

And the basics of how to use it (ex: search a competitor and voila you’ll see their ads 🪄) 

You’re going to go beyond the basics in this article and learn. 

5 unconventional ways experts use the library to uncover insights and inspiration.

Let’s dive into it 👇

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TABLE OF CONTENTS

• Unconventional Way #1: Finding Conversation Ads Copy
• Unconventional Way #2: Identifying Localization Campaigns
• Unconventional Way #3: Studying Competitive Offers
• Unconventional Way #4: Creative Concept Discovery
• Unconventional Way #5: Landing Page Tear Downs

Unconventional Way #1: Finding Conversation Ads Copy

When you open up the LinkedIn Ads Library you can search %FIRSTNAME% to see conversation ad copy examples from competitors and relevant brands.

Here’s how to find conversation ad copy examples step-by-step:

1. Open up the LinkedIn Ads Library and search for a relevant competitor or brand.

2. Enter %FIRSTNAME% under search by keyword and select your relevant country and date range filters. 

3. From here you can browse all available variations based on your filters 🎉

If you don’t see any conversation ad messages you’ll likely need to adjust your filters or it’s possible your competitors or the relevant brands you’re researching aren’t actively testing this ad format.

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Unconventional Way #2: Identifying Localization Campaigns

Localization campaigns are when you advertise outside your primary language and draft ads, and landing pages relevant to a specific language. 

We’ve seen advertising outside of the English language a reduction in costs by up to 70%. 

If you have the potential to advertise outside of English it’s definitely worth testing. 

Here’s how to identify localization campaigns with the ad library:

1. Open up the LinkedIn Ads Library and search for a relevant competitor or brand.

2. Filter by all countries and uncheck your current target locations (ex: United States)

3. Browse through the results to identify different localization campaigns (look for ad copy that isn’t in your primary language, example below is an ad in German). 

4. Click view details on the ad to identify the targeted locations. 

Write down any interesting target countries and/or languages your competitors are targeting that you might consider reaching with localization campaigns. 

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Unconventional Way #3: Studying Competitive Offers

Let’s say you’re a B2B SaaS company looking to drive more demo requests. 

You can use the LinkedIn ad library to easily see ads from competitors or relevant brands that are also trying to drive more demo requests. 

The same is true if we’re talking about free trials, webinar registrations, ebook downloads, and anything else you can think of. 

Here’s how to study competitive offers with the ad library:

1. Open up the LinkedIn Ads Library and search your offer in the search by keyword filter.

2. From here you can browse various ad types that mention your offer within the ad copy. 

3. You can repeat this process and narrow down your filters for further granularity. 

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Unconventional Way #4: Creative Concept Discovery

Most advertisers using the library will just look at the ad examples provided and not dig much further. 

Instead what you should do is look for patterns around creative concepts to understand your competitors creative strategy (or the relevant brand in question). 

Creative concept = the format of which the creatives are designed off 

Here’s 10 examples of creative concepts:

1. Before & After
2. UGC
3. Meme
4. Product Mockup
5. Illustration (Drawings)
6. Stats & Research
7. Comedy Skit
8. Animated
9. Behind-the-Scenes
10. AI Generated

Using the library take note of any patterns of creative concepts your competitor/brand in question might be repeating. If it’s significant you might want to consider testing a similar concept. 

Use your best judgement when labelling concepts and look for patterns. 

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Unconventional Way #5: Landing Page Tear Downs

When viewing ads in the library you can  click on the CTA button to open up the associated landing page the ad is driving traffic towards. 

The original UTMs are also still within the URL parameter so you can reverse engineer these to better understand your competitors ad strategy (learn how here). 

With this valuable information you can tear down each page for inspiration. 

Hope you found this article useful! 

See you in the next article or one of our free courses!

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Master B2B LinkedIn Ads with these 3 Free Courses:

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If you want to become a LinkedIn Ads pro, check out our free B2B LinkedIn Ads courses, where you'll learn how to launch, optimize, and scale your campaigns to drive pipeline and revenue.

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Here's what you'll learn in each course:

‍

⚙️ B2B LinkedIn Ads 101 - The Ultimate Crash Course for New LinkedIn Advertisers

• Foundations For LinkedIn Ads Success
• Measurement: Tracking & Key Principles
• Targeting: Reaching Your Dream Buyers
• Ads: Mastering The 9 Ad Formats

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🎯 B2B LinkedIn Ads 102 - The Blueprint for LinkedIn Ads Optimization

• Monitoring: How To Spot Performance Trends
• Auditing: How To Find The Darlings You Need To Kill
• Reporting: How To Transform Data Into Insights
• Optimization: How To Make Your LinkedIn Ads Profitable

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🚀 B2B LinkedIn Ads 103 - Advanced Scaling Strategies From $25M In Ad Spend

• Concepts of Scaling
• Divide and Conquer
• Learnings From $25M+ In LinkedIn Ad Spend

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Click Here to Join 1,000+ B2B Marketers Today and start leveling up your advertising skill set.

Takes < 90 seconds to sign up (seriously we timed it 😂)

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People Also Ask

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What is the LinkedIn Ads Library, and how does it work?

The LinkedIn Ads Library is a tool that lets users explore active and past ads from brands. It helps analyze competitor strategies, ad creatives, and targeting methods, offering inspiration and benchmarking opportunities.

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How can I use the LinkedIn Ads Library to improve my ad campaigns?

The library helps identify trends, successful ad formats, and messaging styles. Use it to refine your own strategies by studying competitors’ offers, creative approaches, and audience engagement tactics.

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Are there limitations to the insights I can gather from the LinkedIn Ads Library?

Yes, while it provides access to ad creatives and some targeting details, it doesn’t reveal performance metrics like click-through rates or conversions. It’s best used for inspiration and competitor research.

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Can I track changes in competitors’ ad strategies over time using the LinkedIn Ads Library?

Yes, by regularly checking competitors’ ads, you can observe shifts in their messaging, offers, and formats, helping you adapt your campaigns to stay competitive.

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How does the LinkedIn Ads Library compare to other ad libraries, like Meta or Google’s?

LinkedIn’s library focuses on professional audiences, showcasing ads tailored for B2B and career-focused messaging. Meta’s library offers broader consumer insights, while Google’s is keyword-centric. Choose based on your campaign goals.

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Should you invest in LinkedIn Spotlight Ads? 

In this article you'll learn: 

• The pro's and con's of LinkedIn Spotlight Ads
• How much LinkedIn Spotlight ads cost 
• Examples of LinkedIn Spotlight ads
• 3 LinkedIn Spotlight ad strategies 

By the end of this article you’ll know if this ad type makes sense for you.

Let’s dive into it! 👇

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Contents

• What are LinkedIn Spotlight Ads?
• LinkedIn Spotlight Ad Specs
• 4 Reasons to Invest In LinkedIn Spotlight Ads 
• 4 Reasons You SHOULD NOT Invest In LinkedIn Spotlight Ads 
• 3 LinkedIn Spotlight Ad Strategies Worth Testing

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What are LinkedIn Spotlight Ads?

Spotlight ads are only seen on desktop devices and use a combination of your audience's LinkedIn profile data such as photo, company name, and job title to dynamically change based on the user. 

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LinkedIn Spotlight Ad Specs

When creating a spotlight ad you’ve got the following options:

• Ad headline = 50 characters 
• Company name = 25 characters
• Company Image = logo or image in JPG or PNG that is < 2 MB 
• Background Image (optional) = 300x250 in JPG or PNG 

I’d personally recommend not adding a background image as it removes the ad description, and the users profile photo will not be shown, which defeats the purpose of this ad type 😅

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4 Reasons to Invest In LinkedIn Spotlight Ads 

Reason 1: 74% Lower Cost Per 1,000 Impressions (CPM)

After reviewing $1,726,264.56 in spend by ad type for our B2B SaaS clients, we found linkedin spotlight ads have an average CPM of $5.23, 74% lower than single image ads. 

Reason 2: Increased Ad Recall

Spotlight ad placements are very “low key” and unintrusive. 

They only appear on Desktop and are served on the right side of the newsfeed. 

Given an average CPM of $5.23 and subtle placement you can rack large frequencies > 20 without negatively impacting your audience’s experience. 

The combination of high frequency and low impression costs = greater potential ad recall 

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Reason 3: Low Creative Effort

Spotlight ads only require an image that is < 2MB making it an EXTREMELY low creative effort. 

Compare this to formats like single image, carousel, or even video ads. 

If you want more exposure without a ton of effort they’re an easy addition. 

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Reason 4: Flexible Bidding Strategies

Spotlight ads allow you to multiple bidding strategies depending on your campaign objectives. 

• Maximum delivery = LinkedIn will automatically adjust your bids for the most exposure
• Cost cap = set a target cost per landing page click 
• Manual bidding = set a specific bid per landing page click

With each of these bidding strategies you have flexibility to test and leverage the one that allows you the greatest exposure for the lowest cost. 

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4 Reasons You SHOULD NOT Invest In LinkedIn Spotlight Ads 

Reason 1: 83% higher average CPC prices

After reviewing $1,726,264.56 in spend by ad type for our B2B SaaS clients, we found linkedin spotlight ads have an average cost per click of $7.93, 83% higher than single image ads. 

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Reason 2: You want to generate the most conversions 

Spotlight ads have horrible engagement rates compared to other LinkedIn ad types. 

If your primary objective is to drive conversions then spotlight ads are not the ideal ad type to use. 

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Reason 3: You’re trying to drive the most traffic to your site 

Spotlight ads have below average clickthrough rates compared to other ad types which makes using them to drive site traffic a poor use case of budget. 

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Reason 4: You’re not already investing in other ad types

Spotlight ads are not a game changer ad type. They should be used in support alongside other more dominant ad types such as (image, video, or conversation). 

The best use of spotlight ads is remarketing, allowing you to stay top of mind at a low cost in front of the audiences that already know/like/trust you. 

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3 LinkedIn Spotlight Ad Strategies Worth Testing

In no particular order, here’s 3 strategies worth testing with spotlight ads.

Strategy #1: Remarketing

The real advantage of spotlight ads are low distribution costs with an average CPM of $5.28.

This in combination with the fact that spotlight ads are a non-intrusive ad type on desktop devices and limited right-hand placements makes them great for remarketing. 

You can leverage spotlight ads to remarket: 

• All website visitors
• Company page visitors 
• Past event attendees
• Contacts of customers, and  leads in nurture

If you want to learn more about building a LinkedIn remarketing strategy check out our in-depth article on How to Build a Multichannel B2B Retargeting Strategy (Step-By-Step). 

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Strategy #2: Company Page Growth

Another potential strategy to test spotlight ads is growing your LinkedIn company page. 

You can leverage this ad type to drive visitors to view your page (which will then hopefully lead to a follower), check out this example from Aurora who is using a CTA of “Follow”. 

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Strategy #3: Job Recruitment

Spotlight ads are available with the Job applicants campaign objective and given it’s dynamic element (automatically pulling the photo of the user) you can create personalized recruitment ads. 

I hope you found this article useful!

And as promised, now know if this ad type makes sense for you.

‍

Master B2B LinkedIn Ads with these 3 Free Courses:

‍

If you want to become a LinkedIn Ads pro, check out our free B2B LinkedIn Ads courses, where you'll learn how to launch, optimize, and scale your campaigns to drive pipeline and revenue.

‍

‍

Here's what you'll learn in each course:

‍

⚙️ B2B LinkedIn Ads 101 - The Ultimate Crash Course for New LinkedIn Advertisers

• Foundations For LinkedIn Ads Success
• Measurement: Tracking & Key Principles
• Targeting: Reaching Your Dream Buyers
• Ads: Mastering The 9 Ad Formats

‍

🎯 B2B LinkedIn Ads 102 - The Blueprint for LinkedIn Ads Optimization

• Monitoring: How To Spot Performance Trends
• Auditing: How To Find The Darlings You Need To Kill
• Reporting: How To Transform Data Into Insights
• Optimization: How To Make Your LinkedIn Ads Profitable

‍

🚀 B2B LinkedIn Ads 103 - Advanced Scaling Strategies From $25M In Ad Spend

• Concepts of Scaling
• Divide and Conquer
• Learnings From $25M+ In LinkedIn Ad Spend

‍

Click Here to Join 1,000+ B2B Marketers Today and start leveling up your advertising skill set.

Takes < 90 seconds to sign up (seriously we timed it 😂)

‍

People Also Ask

How can I measure the long-term impact of Spotlight Ads on brand awareness?

While immediate metrics like impressions and clicks are helpful, track metrics like increased brand searches, company page followers, and repeat website visits over time to assess long-term brand impact.

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Are Spotlight Ads effective for industries outside of B2B, such as B2C or non-profits?

While Spotlight Ads are tailored for professional audiences, they can work for B2C or non-profits if targeting aligns with LinkedIn’s user demographics and the campaign leverages professional-related messaging.

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How should Spotlight Ads be used in multi-channel marketing campaigns?

Spotlight Ads are most effective when reinforcing messages seen in other channels. For instance, use them to retarget LinkedIn users who interacted with your Google Ads or visited your website from email campaigns.

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How can Spotlight Ads support account-based marketing (ABM) efforts?

Pair Spotlight Ads with LinkedIn’s account targeting to focus on specific companies or industries, delivering highly personalized ads that tie directly into your ABM campaigns.

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Looking to research competitor's Google Ads? 

In this guide I'll walk you through how to find their best ads, and reverse engineer their strategy. 

Regardless of if your budget is as low as $10/day or $10,000/day, the same process applies. 

We’ll first focus on analysis in this guide and then dive into strategy. 

Let’s get into it! 👇 

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TABLE OF CONTENTS

• How to Find & Research Competitors Google Ads
• Free Tools to Find Examples of Competitors Google Ads
• Paid Tools to Find Examples of Competitors Google Ads
• How to Break Down Your Competitors Google Ads Strategy

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How to Find & Research Competitors Google Ads

Pablo Picasso once said “good artists copy, and great artists steal” taking inspiration from what works from your competitors and transforming it into  “your own” way is a sound approach. 

Just remember this can sometimes lead to a situation where everyone is copying each other and no one has any real idea of what their doing in the first place 😅

Ultimately beating your own baseline performance is what you should obsess about. 

With this disclaimer out of the way, you first need to know what competitors you want to research. 

You can find who you’re up against with the auction insights report in Google Ads. 

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Find this report by navigating to Keywords > Auction Insights within your Google Ads account. 

• Sort this report by Impression Share to understand how visible you are against your competitors for your targeting criteria (ex: keywords, locations, audiences). 
• Review the Top of page rate as well to understand how often you and your competitors appear within the top 3 positions of Google. 

Now that you have an understanding of who your competitors are. 

Let’s dive into the free and paid tools you can use to conduct Google Ads competitor analysis. 

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Free Tools to Find Examples of Competitors Google Ads

Each of the following competitor analysis tools can be used for free, leverage whichever resonates. 

Google Ads Transparency Center

Source: https://adstransparency.google.com/ 

The Google Ads Transparency Center was released on March 29,  2023 as a way to help you quickly and easily learn more about the ads you see on Search, YouTube and Display.

Since the release of this tool it’s become an absolute goldmine for Google advertisers. 

Here’s how you can leverage the Google Ads Transparency Center for competitor analysis:

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1. Visit the Google Ads Transparency Center and enter your competitors domain URL 

2. Scroll down to see the most recent Search, YouTube, and Display ads

When scrolling through the results take note of the following:

• Number of total ads to understand how active your competitor is. 
• The language the ads are written in to know if your competitor is running localization strategy.
• The primary keyword your competitor is trying to target in the ad copy.
• {Parameters} in the ad copy to know if your competitor is using dynamic search ads or keyword insertion.

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3. Once you find an interesting ad click on it to reveal the target location 

• Click on the show anywhere button to reveal the target location for the ad. 

Armed with this information you can decide if you want to advertise to these same regions. 

If you only used 1 tool for Google Ads competitor analysis I’d recommend the  Transparency Center. 

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ISearchFrom

Source: https://isearchfrom.com/ 

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If you’re planning to advertise somewhere you’re not physically located and want to know which competitors are bidding on your target keywords, ISearchFrom is a great free tool to use. 

Here’s how you can utilize ISearchFrom for google ads competitor analysis:

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1. Visit ISearchFrom and enter your target country and keyword

2. Review the ads to uncover advertisers in your target location you might not be aware of 

From this simulated result for someone “physically” located in the United Kingdom I can see Coursera is advertising on google ads courses in this region. 

From here I can leverage the Transparency Center to uncover more ad examples from them. 

Again this is a great tool for finding competitors you’re not familiar with in locations you’re not in. 

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Paid Tools to Find Examples of Competitors Google Ads

Each of the following competitor analysis tools can be used for a fee,  use whichever resonates and fits your budget.

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SpyFu

Source: https://www.spyfu.com/ 

Price: $39-$79/month

If you’re looking for a simple tool to review examples of competitors Google Ads copy, target keywords, and landing pages.

SpyFu is a great tool to start off with, here’s how you can use it. 

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1. Visit SpyFu and enter your competitors domain 

2. Review your competitors estimated Google Ads budget and quantity of paid keywords

3. Navigate to “PPC Research > PPC Keywords” to see all paid keywords 

4. Head to “PPC Research > Ad History” to see all competitor ad examples by keyword

5. Uncover other top competitors “PPC Research > Competitors” you might know of

With this one tool you can get estimates of competitors' Google Ads budgets, review keywords, ads, and uncover opportunities across new competitors you might not know of. 

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Other paid tools: 

There’s no shortage of paid tools you can use to research your competitors.

Here’s a list of some others worth exploring: 

• SEMRush ($129-$499/month) 
• iSpionage ($59-$299/month)

Don’t get hung up on the tools.

Achieving the end outcome is ultimately key. 

Now that you know how to find and research your competitors Google Ads.

Let’s walk through how to break down their strategy. 

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How to Break Down Your Competitors Google Ads Strategy

Knowing what keywords and ad copy your competitors are using is a great starting point. 

But getting answers to questions like:

• How are my competitors structuring their campaigns? 
• How are they allocating budget? 

are crucial insights that can separate you from them. 

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1. Reverse Engineering URL Parameters

Once you know your competitors landing pages, which you can get from: 

• Searching keywords in Google and clicking on their ads
• Reviewing landing page URLs in SpyFu’s Ad History report

You’ll want to review their UTM parameters to get insights on the goal of this campaign, target keyword, and anything else around how it was set up. 

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URL Parameter Example #1 - Zoho

For example, I searched CRM software and clicked on this ad from Zoho:

When reviewing the URL post click I can see the following parameters:

/?network=g&device=c&keyword=crm%20software&campaignid=14928929712
&creative=552506800726&matchtype=e
&adposition=&placement=&adgroup=130022006802&gad_source=1
&gclid=Cj0KCQjw3tCyBhDBARIsAEY0XNlAKXey
TKDzEJQDpeNh2giI4p8sVSnWKqsvlND5bvZa_J
q62wCqSFoaAsc1EALw_wcB 

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By reviewing the URL structure I can gather the following information:

• Network = g | they’re advertising on Google Search
• Device = c | they’re running ads on Desktop devices
• Keyword = crm software | they’re bidding on crm software
• Matchtype = e | they’re using exact match 

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URL Parameter Example #2 - Freshworks

Let’s use one more example to drive this home with the Freshworks ad that was underneath Zoho:

?tactic_id=6071454&utm_source=google-adwords&utm_medium=FSales-Search-InsideEU-FSE-RLSA-New
&utm_campaign=FSales-Search-InsideEU-FSE-RLSA New&utm_term=crm%20software&device=c
&matchtype=p&network=g
&gclid=Cj0KCQjw3tCyBhDBARIsAEY0XNkaG_AiGqCRYj-AEcuQcnvJS_3eI0bS6jIKu_
M7JRmqOYwSIGwuc6UaAvYqEALw_wcB&gad_source=1 

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Here’s what I’m able to gather from the URL structure:

• Source = google-adwords | they’re advertising on Google Search
• Campaign  = FSales-Search-InsideEU-FSE-RLSA-New | they’re advertising in the EU and running a remarketing list for search ads campaigns.
• Term = crm software | they’re advertising on the keyword crm software
• Device = c | they’re bidding on desktop devices
• Matchtype = p | they’re using phrase match

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With this information you can start to get answers into how your competitors are structuring their campaigns and it’s freely available and ready for those advertisers that are savvy enough to look.

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2. Keyword Classification 

How are your competitors allocating budget?

Now you’ll never know the answer to this question with absolute certainty but with some manual work here’s how you can try and piece together a sense of their strategy allocation. 

You’ll need one of the paid tools listed above in order to perform this keyword analysis. 

I’ll be using SEMRush for the sake of demonstration but the general process is the same across tools. 

‍

1. Export all of your competitors paid keywords into a CSV 

2. Filter the Last Seen column by the most recent month to see active keywords 

3. Add a new column called “Theme” and classify each keyword by campaign theme. 

This step can take some significant time but can be well worth the effort to understand your competitors keyword strategy and budget allocation priorities. 

With your custom column of “campaign theme” you’ll want to manually classify each keyword. 

‍

Here’s the four campaign themes you’ll utilize for classification:  

• NonBrand = high-intent keywords that don’t include your brand name
• Brand = keywords containing your brand name
• Competitive = keywords that represent your competitors
• Content = keywords that are informational and research oriented 

‍

Watch this video for a deep dive on how to perform this advanced classification:

‍

4. Summarize your classified keywords into a pivot table to understand your competitors strategy and budget priorities 

‍

From here we can make some assumptions about what is working for our competitors. 

• 87% of Udemy’s keywords are NonBrand, 9% Brand, 4% Content, and barely 0% Competitive. 
• It’s safe to assume that the majority of the budget is supporting NonBrand, followed by Brand, Content, and ultimately Competitive. 

Based on this allocation I might want to focus on NonBrand first given the volume of investment Udemy seems to be spending on it, and avoid competitive keywords to start. 

This isn't 100% exact science but an advanced way to research your competitors Google Ads. 

‍

Need help calculating your stating Google Ads Budget? 

If you’re in need of help calculating your starting Google Ads budget check out our calculator. 

‍

‍

Hope you found this article useful! 

See you in the next article or one of our free courses!

‍

From Clicks to Conversions: Master Google Ads for B2B 🔥

If you want to become a Google Ads pro, check out our free B2B Google Ads courses, where you'll learn how to launch, optimize, and scale your campaigns to drive pipeline and revenue.

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Here's what you'll learn in each course:

⚙️ B2B Google Ads 101 - How to Launch Dangerously Effective Campaigns for Beginners

• The Googleverse: The Game You're Playing & How To Win
• Measurement: How to Make Sure You're Profitable
• Targeting: How to Show Up For the Right Searcher
• Planning: Putting It All Together
  
  

🎯 Google Ads 102 - How to Clicks Into Profit

• Visibility: How To Find the Hole Sucking Profits
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‍

People Also Ask

How can I identify indirect competitors in Google Ads?

Beyond direct competitors, consider businesses offering alternative solutions that address the same customer needs. Use tools like Google’s Keyword Planner to discover who is bidding on related keywords, revealing indirect competitors.

‍

What are the ethical considerations when analyzing competitors’ ads?

While it’s acceptable to study competitors’ public ads, avoid deceptive practices like clicking on their ads to deplete budgets. Focus on gathering insights without engaging in unethical behavior.

‍

How often should I conduct a competitor analysis for my Google Ads campaigns?

Regular analysis is crucial. Aim to review competitors’ strategies quarterly to stay informed about market trends and adjust your campaigns accordingly.

‍

Can competitor analysis help in identifying new market opportunities?

Yes, by examining competitors’ ad strategies, you can uncover underserved niches, emerging trends, or gaps in the market, allowing you to capitalize on new opportunities.

‍

How do I ensure my Google Ads stand out in a competitive landscape?

Focus on unique selling propositions, compelling ad copy, and high-quality visuals. Regularly test and optimize your ads to differentiate your offerings from competitors.

‍

Looking to ask your boss or client for more ad budget? 

This can feel really uncomfortable the first time but I promise it gets easier. 

With a simple shift in mindset and some solid tactics you’ll be securing budget in no time. 

Here are 3 simple but effective steps for you to implement before having that budget conversation.

‍

TABLE OF CONTENTS

• Step 1: Pull the numbers
• Step 2: Find the story
• Step 3: Present your case
• Additional Resources

‍

Step 1: Pull the numbers

Your client or boss wants to be successful. 

They want to surpass their goals (just like you). 

If you can show them how your increased budget will make this happen, they will gladly give it to you. 

Remembering this will help you release the anxiety associated with asking for more budget. 

The key is you need to sell your stakeholders on WHY they should invest more and the way you'll do that is by building a case that makes them as certain as possible.

Don’t assume your clients or managers will be able to realize this on their own. 

Build a no-brainer case that makes saying anything but yes sound illogical. 

‍

This starts with pulling the numbers 👇 

Answer your critical questions 

Put your investor hat on and answer critical questions such as:

• Which channels are performing best?

Ex: Google Ads driving the most opps at the lowest cost

• What's the overall blended trend? (paid + organic)

Ex: Opps are increasing QoQ at a 25% lower cost

• What's the current return on investment?

Ex: $6 pipe-to-spend and 150% ROI

‍

Depending on your company, goals, and what you’re asking budget for this will vary. 

Brainstorm all of the key questions you’ll need to pull data to answer. 

The difficulty of this step will vary on your current level of reporting. 

If you don’t already I HIGHLY recommend building a Paid Media dashboard that connects your ad spend to pipeline and revenue performance reported in your CRM. 

Here’s an example of our Paid Media Dashboard Template in our Building a Paid Media Program course: 

You can get free access to this template and learn how to set it up in Module 3, Lesson 3 of the course.  

It’s going to be hard to ask for more ad budget if you can’t prove that your current campaigns are actually contributing to the bottom line. 

‍

Don’t have any data? 

If you’re reading this and saying, Silvio how can I pull numbers if I don’t have any? 

Maybe you’re trying to secure budget for a new channel. 

‍

If this is the case I have two recommendations: ‍

1. Run a pilot campaign for $100 

Let’s say you’re trying to secure budget to test X (Twitter) Ads. 

Put together $100 (most companies can afford this) and launch a pilot campaign. 

The only goal of this campaign is to understand what are your real costs (ex: CPM, CPC). 

Once you have this information you can work backwards from your goals to create a starting budget. 

For example:

• $3 CPC at a 5% landing page conversion rate = $60 cost per lead 
• $60 cost per lead at a 3% lead to opportunity ratio = $1,980 cost per opportunity
• $1,980 cost per opportunity at a 20% win rate = $9,900 cost per closed won deal 

If you need help running the numbers, check out our Google Ads budget calculator. 

From here you’ll have a good idea of what a starting budget would look like. 

You’ll also have a sense of what’s possible on this channel. 

‍‍

2. Do some research

Ask around or search for benchmarks associated with the channel you’re looking to invest in. 

Even just collecting anecdotal evidence (ex: screenshots of others) talking about how much success they’ve had with this specific channel, tactic, etc can go a long way. 

LinkedIn polls are a great way to collect this feedback:

You can DM the respondents asking for more information. 

The TL;DR here is don’t let lack of data be an excuse to show up empty handed. 

Once you’ve pulled all the necessary information it’s time to find the story. 

‍

Step 2: Find the story

Behind the data there is a story being told, it's your job to find it and tell it.

Here's some key questions to answer to help find it:

• What went well? (the highlights)
• What went bad? (the lowlights)
• Where are we today vs before? (the journey)
• What were the biggest blockers? (the obstacle)
• Where do we go from here? (the opportunities)

Data alone won't persuade, and stories without data are subject to suspicion.        

A combination of both is required in order to effectively present your case. 

Image above is Module 6, Lesson 1 of our Building a Paid Media Program course

‍

For example, perhaps I’m trying to secure more budget for Google Ads: 

• What went well? (the highlights) some text
  • Google Ads contributed 25% more opportunities at a $7 pipe-to-spend ratio. 
• What went bad? (the lowlights)some text
  • We missed out on 57% more volume due to budget limitations.  
• Where are we today vs before? (the journey) some text
  • We’ve optimized our pipe-to-spend efficiency from $3 to $7. 
• What were the biggest blockers? (the obstacle)some text
  • High search lost to budget for our top contributing campaigns. 
  • No landing page testing due to limited development resources. 
• Where do we go from here? (the opportunities)some text
  • With an additional $25,000 in budget we can scale our top contributing campaigns and yield up to 35% more demo requests at a $15 CPC and 5% landing page conversion rate. 

‍

Here’s a simple presentation template you can use to present your case and answer each key question:

Once you've found the story and pulled the numbers you're ready to present. 

‍

Step 3: Present your case

After steps 1-2 the majority of the prep work is done. 

Now it’s time to get the meeting scheduled with your boss or client. 

You could have the most beautiful slides and compelling case but if you can’t effectively communicate the significance of what you’re asking it won’t matter. 

Thankfully, like any skill, communication is something you can improve on with practice. 

‍

5 unconventional tips to implement in your budget presentation:

‍

1. Remember you both want the same thing. 

Ultimately, your stakeholders want you to be right. If you can drive more pipeline/revenue they'd happily give you the budget (assuming financial availability).

The challenge though is like an investor they are analyzing the potential upside and downside of your plan, and don't believe the promises you're making. 

You need to addresses their concerns with a combination of data and storytelling that makes them as certain as possible. 

Just remembering this simple truth will help you show up differently. 

‍

2. It’s a conversation, not a lecture. 

You’ll want to keep this discussion conversational. 

Make sure to check-in frequently with your boss or client and ask things like:

• Is this making sense? 
• Did you have any questions? 
• Are there any concerns you have that I haven’t addressed? 

The last thing you want to do is to speak to them for 30-minutes and then ask:

“soooooo did you have any questions…..? 😅”

‍

3. Replace “I think” with “the data suggests” 

You’ve pulled the data and done the homework. 

Don’t water down your points by saying “I think” get in the habit of replacing this with “the data suggests” and then calling out the data point that comes to mind. 

This will make your perspectives and points of view far more compelling.

Which ultimately lead to more certainty from the decision maker. 

Greater certainty = greater chance of budget approval 

‍‍

4. Don’t forget to smile. 

This might sound silly 😂 but it’s really easy to forget to smile. 

This conversation is about new opportunities, and that’s exciting.  

Instead of telling yourself I’m nervous, reframe it as I’m excited. 

This is called anxiety reappraisal and Alison Wood a psychologist at the Harvard Business School found evidence to support. 

Here’s a quick excerpt from her abstract: “Across several studies involving karaoke singing, public speaking, and math performance, I investigate an alternative strategy: reappraising anxiety as excitement. Compared to those who attempt to calm down, individuals who reappraise their anxious arousal as excitement feel more excited and perform better” — Alison Wood Brooks

Don’t knock it until you try it! 

‍

5. Turn your weakness into a strength

Maybe you’re reading this article and saying to yourself:

• I’m not a good presenter because I’m an introvert 
• I’m not a good presenter because English isn’t my first language. 

Whatever your weaknesses are, turn them into strengths with humor. 

When you start budget approval call begin by addressing your big weakness with humor. 

Here’s what this might look like for the weaknesses above: 

• Hey {First Name} thanks for the time today. As you might have noticed I’m not going to be giving a Ted talk anytime soon with my English so if you’re having trouble understanding just stop me at any point. 
• Hey {First Name} thanks for the time today. I just wanted to start off by saying I’d rather chug a bottle of hot sauce then give a presentation but I believe so much in what I’m going cover today that I had to do this – so I appreciate you baring with any mishaps I might have. 

Whatever your weaknesses are don’t run from them.

Embrace it and transform it into a strength.

‍

Additional Resources

If you want to learn more about securing budget checkout Module 6 - Lesson 1 of our Building a Paid Media Program course, it’s 100% free and takes < 90 seconds to sign up. 

If you want to dive deeper into B2B advertising check out some of our other top articles:

• B2B Advertising in 2024: The Definitive Guide
• How to Build a Multichannel B2B Retargeting Strategy (Step-By-Step)

‍

Thanks for reading, good luck on getting your budget approved!

(you got this) 🎉

People Also Ask

How can I address concerns about the risks associated with increasing the ad budget?

Acknowledge potential risks by presenting a risk mitigation plan. This could include strategies like phased budget increases, continuous performance monitoring, and predefined criteria for scaling back if certain KPIs aren’t met. Demonstrating proactive risk management can build stakeholder confidence.

‍

What if my initial pilot campaign doesn’t yield strong results?

If a pilot campaign underperforms, analyze the data to identify areas for improvement. Adjust variables such as targeting, ad creatives, or bidding strategies, and consider running a second pilot. Use these learnings to refine your approach before requesting a larger budget.

‍

How do I align my ad budget request with broader company objectives?

Ensure your proposal clearly connects the ad spend to company goals like revenue growth, market expansion, or brand awareness. Illustrate how the investment will contribute to these objectives, using data and projections to support your case.

‍

What are some common pitfalls to avoid when presenting a budget proposal?

Avoid using jargon that stakeholders may not understand, overloading the presentation with excessive data, or failing to anticipate potential objections. Practice your presentation to ensure clarity and conciseness, and be prepared to address questions confidently.

‍

How can I demonstrate the potential ROI of the proposed ad budget?

Utilize tools like the Google Ads Budget Calculator to forecast potential returns based on different budget scenarios. Present these projections along

‍

Looking to increase your return on ad spend (ROAS) on LinkedIn?

‍

Your bidding strategy and campaign objective play a critical role.

‍

Here’s my 10 tips from over $10 million investment in LinkedIn paid ads.

(In no particular order, they all matter) 

‍

TABLE OF CONTENTS

• Tip #1: The Power Behind Manual Bidding
• Tip #2: Fine-Tuning Your Bids
• Tip #3: Aligning Ad Type & Offer with Objectives
• Tip #4: The Optimal Objective for Thought Leader Ads
• Tip #5: When to Leverage Video Views Objective
• Tip #6: Match Your Content to the Most Suitable Objective
• Tip #7: Take Advantage of Document Ads
• Tip #8: Scale Conversions with Conversation Ads
• Tip #9: Top 3 Objectives for Single Image Ads
• Tip #10: When to Avoid Reach Objective (Brand Awareness)
• Conclusion:
• Resources for Mastering B2B Advertising

Tip #1: The Power Behind Manual Bidding

‍

Unlike automated bidding, which leaves bid amounts at LinkedIn's discretion, manual bidding allows advertisers to set clear cost boundaries. 

‍

This ensures that your campaign expenses align with your budgetary constraints and campaign goals, offering a level of precision that automated bidding simply can't match.

‍

By specifying the maximum amount you're willing to pay for clicks, the manual bidding places you in the driver's seat.

‍

The LinkedIn algorithm, while powerful, may not always allocate your budget most economically when given full control.

‍

Start collecting data quickly for your new campaign by bidding above the minimum threshold recommended by LinkedIn.

When to Consider Automated Bidding:

‍

Automated bidding can be the best choice for specific situations, such as focused Account-Based Marketing (ABM) or retargeting campaigns with small audiences. 

‍

Once the campaign starts spending and there’s a benchmark, you can switch to manual bidding to regain full control. 

Tip #2: Fine-Tuning Your Bids

‍

A successful manual bidding requires daily checks on your spending against your budget to avoid overbidding or underbidding.

‍

This is a straightforward yet insightful process, comparing the previous day's spend against the current daily budget to adjust your bids for optimal performance.

‍

The Process of Bid Adjustment:

‍

By subtracting your daily budget from the previous day's total spending, you gain clear insights into your bidding strategy's effectiveness. 

‍

A negative result suggests underbidding, where you're not fully utilizing your daily budget

‍

While a positive result indicates overbidding, where you're potentially overspending.

‍

Previous day spent - allocated budget = + number indicated bid is too high

‍

The previous day spent - allocated budget = - number indicated bid is too low”

‍

One challenge of manual bidding is finding the sweet spot where your bid is high enough to consume your daily budget fully but not so high that it leads to inefficient spending. 

Side note:
If your audience size is too small, even a high bid will not cover the campaign’s full budget. 

Tip #3: Aligning Ad Type & Offer with Objectives

‍

LinkedIn ad campaigns' success deeply depends on the alignment between the chosen ad type and the content you're promoting.

‍

Understanding the nuances of each ad + offer and matching it to the applicable objective is key to maximizing engagement and conversion rate. 

‍

Selecting the Right Ad Type for Your Objective:

‍

Video Ads: 

‍

When promoting video ads, gravitate towards the Video View or Engagement objectives. 

‍

These objectives are designed to maximize viewership and interaction with your video content, making them ideal for capturing and retaining audience attention.

‍

Example of a video ad:

Document Ads:

‍

The Engagement objective tends to yield the most success for document ads, which include PDFs, presentations, and other downloadable content. 

‍

Keeping document ads ungated and focusing on engagement allows your content to reach a broader audience, enhancing brand visibility and thought leadership.

‍

Example of a document ad:

‍

‍Single Image Ads:

‍

Engagement and Website Traffic objectives can be effective when using single-image ads.

‍

Your choice depends on whether your primary goal is to foster interaction with the ad or drive traffic to your website or landing page

‍

Example of a single image ad:

Tip #4: The Optimal Objective for Thought Leader Ads

‍

If you're looking to boost your presence and authority on LinkedIn, thought leader ads present an attractive option.

‍

These ads turn organic content from individual profiles into sponsored messages, maintaining the authentic voice and personal touch that resonates with audiences. 

‍

These campaigns can achieve lower costs per engagement by leveraging the engagement objective, enhancing their effectiveness and reach.

‍

Understanding Thought Leader Ads:

‍

Personal Touch: 

Unlike standard ads that originate from company pages, thought leader ads come from personal profiles, offering a humanized approach to advertising. 

‍

This method harnesses the inherent trust and relatability of individual thought leaders, amplifying their messages across targeted audiences on LinkedIn.

‍

As of March 2024, businesses can promote content from any connected user on LinkedIn with Thought Leader posts, as opposed to just verified employees.

‍

Seamless Integration: 

‍

To the audience, thought leader ads appear as regular posts but with the added benefit of targeted reach and visibility. 

‍

This seamless integration into the newsfeed portrays a natural engagement experience, hence fostering higher engagement rates compared to traditional ad formats.

‍

Implementation and Best Practices

‍

The success of thought leader ads hinges on selecting organic content that has already demonstrated shares and engagement. 

‍

By sponsoring high-performing posts, you capitalize on proven interest and ensure your ad budget is allocated to content with the highest potential return.

‍

Pro tip:
When creating a new single-image campaign, you can click “browse existing content” to find the post by searching for the LinkedIn member and sending a request for approval. 

‍

Since these ads will not be sent to a landing page, it’s best to place the intended page link in the first comment and pin the comment.

Tip #5: When to Leverage Video Views Objective

‍

When promoting video ads, selecting the Video View objective will increase the likelihood of getting the highest percentage of videos watched at the lowest cost. 

‍

This objective is designed to maximize the number of views your video receives, optimizing for visibility and engagement among your target audience.

‍

Creative Specifications: 

‍

For video creatives, the recommendation is to use a square format (1080x1080 pixels) and include captions. 

‍

This format is not only visually appealing but also takes up the most space in the feed property.

‍

Cost Efficiency and Performance:

‍

The cost for video views on LinkedIn typically ranges from 10 to 15 cents per view. 

‍

While this might be higher compared to other platforms like YouTube, which has been gaining traction in B2B sectors for its cost-effectiveness, LinkedIn's targeted audience can justify the investment.

‍

Best Practices for Video Campaigns on LinkedIn:

‍

Starting with the lowest feasible cost per view (CPV) in your bidding strategy can help manage costs while assessing the content's performance. 

‍

Adjustments can be made based on initial results to find the optimal balance between reach and budget efficiency.

Tip #6: Match Your Content to the Most Suitable Objective

‍

Understanding the type of content you're promoting determines the most effective objective and ad type for your campaign. 

‍

For event promotions, for example, certain ad formats have proven to yield higher results and drive registrations at a lower cost. 

‍

Let’s break down what type of assets yield the highest results for this example:

‍

Lead Generation Forms (LGF): 

‍

The premier choice for driving event registrations. 

‍

Lead-gen forms provide a seamless and streamlined user experience, with pre-populated forms making the conversion process as frictionless as possible. 

‍

The convenience of instantly filling out forms within the LinkedIn platform significantly increases conversion rates for registrations.

Pro tip:
To improve the performance of LGF, it's best to keep the number of custom fields below three. 
While leveraging pre-populated fields can maintain high conversion rates, adding more than two custom questions or actions can deter completions. 

‍

Event Ad Format: 

‍

This is one of the most effective ad types for event registries, but it is important to note that it cannot be combined with any of the conversion objectives. 

‍

Unique to this type of ad is the inclusion of social proof directly within the ad, such as the number of people who have shown interest or are planning to attend the event. 

‍

While its conversion rate may not match that of Lead Generation Forms, the added visibility and credibility from social proof make Event Ads a valuable tactic.

‍

To learn more about promoting events, dive into these articles below:

• 4 Unique LinkedIn Ad Strategies to Drive More Webinar Registrants
• 10 Insider Tips on Event Promotion From $1M+ In Ad Spend

‍

Website Conversion: 

‍

Directing users to a landing page for event registration is generally less preferred due to higher costs and lower conversion rates compared to previous tactics. 

‍

Exceptions exist, such as directing traffic to a calendar link or for specific targeting scenarios, but overall, this method is seen as less efficient for event promotion.

‍

Design and Copy Considerations:

‍

For campaigns opting to use landing pages, prioritizing copy over design is key. 

‍

The hero section, or above-the-fold content, is critical in capturing user interest. 

‍

Ensuring message consistency between your ads and landing page, alongside efficient conversion tracking, will set you up for success.

‍

To learn more about landing page best practices, dive into the article below by Pedro Cortés:

10 Proven Landing Page Tips To Boost Your Conversion Rates

‍

Pro-tip:
Streamlining Campaign Tracking with Dynamic URL Parameters:
‍LinkedIn's introduction of dynamic URL parameters at the campaign level presents a major leap forward in simplifying and enhancing tracking capabilities. 

‍

This feature allows marketers to set up the tracking once for the entire campaign, eliminating the tedious process of manually tagging each ad with unique UTM parameters. 

Tip #7: Take Advantage of Document Ads

‍

Document ads have proven highly effective for marketers looking to deepen engagement and build a robust retargeting pool. 

‍

They typically have impressive click-through rates, often reaching 6-7% or higher. 

‍

The best results from document ads are seen when paired with the engagement objective. 

Users who interact with this ad type demonstrate a clear interest in your content, making them ideal candidates for subsequent, more targeted marketing efforts.

‍

For more information on setting up your first document ads, check out this guide provided by LinkedIn

Tip #8: Scale Conversions with Conversation Ads

Conversation ads offer a unique, direct method of engaging with your target audience by delivering messages right into their LinkedIn inboxes. 

‍

These ads are billed on a cost-per-send basis, making it crucial to manage bids effectively to maximize both reach and budget efficiency. 

‍

Start your bid as low as possible and make adjustments depending on how well it’s pacing.
A good starting point is a $1 bid. 

‍

Due to LinkedIn’s second-price auction model for convo ads, they typically keep the actual cost close to the average historical cost per send. 

This model charges you just enough to outbid the next highest bidder, not the maximum amount you're willing to pay.

‍

Adaptation to Platform Changes: 

‍

Despite recent updates like the focus inbox change on LinkedIn, conversational ads have continued to perform well. 

‍

The direct nature of these ads keeps them effective, maintaining their status as a top-performing ad type.

‍

Best Practices for Conversational Ads:

‍

Because convo ads are more intrusive than other ad types, it’s important to ensure your targeting is precise. This precision prevents user annoyance and increases the likelihood of engagement.

‍

The content of your conversation ads should be compelling and offer clear value to a specific job function.

‍

Pro-tip:
The sender should resonate with the target audience for the highest credibility. 
Choosing someone with a similar job function or an industry expert/influencer can immediately boost credibility.

‍

For additional tips on convo ad’s best practices, check out this post by AdConversion

Tip #9: Top 3 Objectives for Single Image Ads

‍

Single-image ads are versatile and can be tailored to meet various objectives, but understanding which objective to prioritize can have a noticeable impact on the effectiveness of your campaigns.

‍

Lead Generation: 

The primary objective for many single-image ad campaigns is lead generation.

LinkedIn’s Lead-gen focuses on gathering user information through forms that are pre-populated with LinkedIn profile data, making it easier for users to submit their information without leaving the platform. 

‍

Engagement: 

‍

The second most common objective for single-image ads is engagement. 

‍

This objective aims to maximize interactions such as likes, comments, and shares. 

‍

It's particularly useful for increasing brand visibility and engagement within your target audience. 

‍

Fostering interactions also enhances the organic reach of your ads through the network effects of user engagement.

‍

The visual appeal and message of your single-image ad should resonate with your audience and encourage interaction. 

‍

Regular testing and adaptation of your ad creatives can help maintain high engagement levels.

‍

Website Visits:

‍

The third objective focuses on driving traffic to your website or specific landing pages to achieve conversions. 

‍

Whether your goal is to increase sign-ups, sales, or another conversion action, directing users to your website allows for more detailed tracking and nurturing of potential leads in your sales funnel.

Tip #10: When to Avoid Reach Objective (Brand Awareness)

‍

Brand awareness, which prioritizes impressions and broad visibility, often comes under scrutiny due to its cost implications and lower engagement metrics compared to other objectives.

‍

The reach objective operates on a cost-per-impression (CPM) model, where you are charged each time your ad is displayed, regardless of user interaction. 

‍

This can lead to higher expenditure without the guarantee of equivalent engagement or conversions. 

‍

The inherent nature of paying for mere visibility rather than actionable engagement makes this objective less appealing for many advertisers seeking tangible returns on their investment.

‍

This objective is also inefficient for retargeting. 

‍

Building retargeting audiences requires not just impressions but meaningful interactions that signal interest or intent. 

‍

The reach objective's focus on maximizing views rather than fostering engagement makes it less effective for gathering a meaningful contribution toward the retargeting pool.

Conclusion:

‍

In this article, we covered 10 actionable tips for matching the most suitable objectives and bidding strategies to your LinkedIn campaigns.

‍

Whether it’s choosing manual bidding to control costs, aligning ad types with your marketing objectives, or understanding when to leverage specific ad formats, each tip offers a pathway to better performance.

‍

By implementing these top 10 tips, you can navigate through the complexities of LinkedIn paid ads with greater precision and efficiency.

‍

I hope you found this article insightful and that it leads to successful outcomes for your future campaigns.

‍

If you’d like to reach out or get more tips, please connect with me via LinkedIn.

Master B2B LinkedIn Ads with these 3 Free Courses:

‍

If you want to become a LinkedIn Ads pro, check out our free B2B LinkedIn Ads courses, where you'll learn how to launch, optimize, and scale your campaigns to drive pipeline and revenue.

Here's what you'll learn in each course:

‍

⚙️ B2B LinkedIn Ads 101 - The Ultimate Crash Course for New LinkedIn Advertisers

• Foundations For LinkedIn Ads Success
• Measurement: Tracking & Key Principles
• Targeting: Reaching Your Dream Buyers
• Ads: Mastering The 9 Ad Formats

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🎯 B2B LinkedIn Ads 102 - The Blueprint for LinkedIn Ads Optimization

• Monitoring: How To Spot Performance Trends
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🚀 B2B LinkedIn Ads 103 - Advanced Scaling Strategies From $25M In Ad Spend

• Concepts of Scaling
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People Also Ask

How can I determine the optimal bid amount for my LinkedIn ad campaigns?

Begin by setting bids slightly above LinkedIn’s recommended minimum to gather initial data. Monitor daily performance, adjusting bids to ensure your budget is fully utilized without overspending. Regular analysis helps in finding the balance between cost-efficiency and achieving desired reach.

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What are the best practices for aligning ad creatives with specific campaign objectives?

Ensure that your ad format and content match your campaign goals. For instance, use Video Ads with the Video View objective to maximize engagement, or Document Ads with the Engagement objective to share downloadable content effectively. Aligning creatives with objectives enhances campaign performance.

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How do I choose between manual and automated bidding strategies?

Manual bidding offers control over costs, allowing precise budget management, while automated bidding leverages LinkedIn’s algorithm for potentially broader reach. For Account-Based Marketing (ABM) or retargeting campaigns with small audiences, automated bidding can be effective. However, starting with manual bidding can provide valuable insights and control.

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What factors should I consider when selecting the appropriate campaign objective?

Identify your primary marketing goal—brand awareness, lead generation, website traffic, etc. Choose objectives that align with these goals and consider the ad formats that best support them. For example, use the Engagement objective for Thought Leader Ads to boost authority and reach.

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How can I effectively measure the success of my LinkedIn ad campaigns?

Track key performance indicators (KPIs) such as click-through rates (CTR), conversion rates, cost per click (CPC), and return on ad spend (ROAS). Regularly analyze these metrics to assess performance and make data-driven adjustments to your strategies.

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