Channel Benchmarks
How to Choose The Best Ad Platforms For B2B SaaS
Donât want to make a mistake investing in an ad platform that wonât work?Â
Regardless of what you hear online, no one can promise you that ( including me).Â
But thankfully success leaves clues and we surveyed 60Â B2B marketers to find the answer.Â
So regardless if youâre a new advertiser, startup founder, or agency owner reading this.
Weâve got you covered, letâs dive in đ
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TABLE OF CONTENTS:
- Where can you advertise online?
- How to decide on the best ad platform?
- Which ad platforms are best for B2B lead generation?
- Which ad platforms are best for B2B awareness?
- Which ad platforms are most popular for B2B?
- Which ad platforms are most B2B marketers planning to invest in?
- Making your final decision on where to advertise
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Where can you advertise online?
There is no shortage of opportunities where you can advertise online.Â
Most channels can be grouped into these five primary categories:
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This isnât an exhaustive list of every available ad platform but it gives you a sense of whatâs possible.
Now that youâre aware of the various ad platforms available, how do you decide which to choose?Â
How to decide on the best ad platform?
When considering investing in a new ad platform hereâs four key criteria to consider:
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With these four criteria in mind letâs go through the qualitative results from our study and what B2B marketers have reported as their best ad platforms.
Which ad platforms are best for B2B lead generation?
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After reviewing the responses from 60 B2B marketers hereâs what we found:
- 52.7% reported Google Ads
- 38.2% reported LinkedIn Ads
- 3.6% reported Facebook Ads
- 1.8% reported Capterra Ads
- 1.8% reported Instagram Ads
- 1.8% reported Native Ads
Which ad platforms are best for B2B awareness?
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After reviewing the responses from 60 B2B marketers hereâs what we found:
- 56.1% reported LinkedIn Ads
- 12.3% reported Facebook Ads
- 12.3% reported YouTube Ads
- 10.5% reported Google Ads
- 3.5% reported Connected TV
- 3.5% reported Display Ads
- 1.8% reported Instagram Ads
Which ad platforms are most popular for B2B?
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After reviewing the responses from 60 B2B marketers hereâs what we found:
- 20.2% reported Google Ads
- 18.8% reported LinkedIn Ads
- 13.0% reported Facebook Ads
- 11.2% reported Instagram Ads
- 9.0% reported YouTube Ads
- 8.3% reported Microsoft Ads
- 5.8% reported Capterra Ads
- 5.& reported Display Ads
- 2.5% reported Reddit Ads
- 2.2% reported Native Ads
- 1.8% reported X (Twitter Ads)
- 1.1% reported Connected TV
- 0.4% reported Quora Ads
Which ad platforms are most B2B marketers planning to invest in?
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After reviewing the responses from 60 B2B marketers hereâs what we found:
- 13.5% reported YouTube Ads
- 12.1% reported X (Twitter) Ads
- 10.6% reported Reddit Ads
- 9.9% reported Connected TV
- 9.2% reported Audio Ads
- 7.8% reported Display Ads
- 7.1% reported Microsoft Ads
- 7.1% reportedFacebook Ads
- 7.1% reported Capterra Ads
- 5.7% reported Instagram Ads
- 4.3% reported Native Ads
- 3.5% reported Apple Search Ads
- 1.4% reported LinkedIn Ads
- 0.7% reported Tiktok Ads
Making your final decision on where to advertise
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All in all take these survey results as suggestions to see what other B2B marketers are reporting is working for them and what platforms theyâre interested in exploring.Â
Ultimately donât forget the four key criteria when making your decision of where to advertise.
When you finally decide, run a small pilot of $100-$1,000 just to get your baselines.
From here youâll have a better idea of if this channel will make sense.Â
Hope you found this article helpful!Â
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Resources for mastering B2B advertising
If youâre serious about mastering B2B advertising then you definitely need to join 1,000+ B2B marketers leveling up their paid advertising skill sets in AdConversion.Â
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We believe every marketer should know how to scale paid ads so they can:
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Click Here to Join 1,000+ B2B Marketers Today and start leveling up your advertising skill set.
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People Also Ask
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Which ad platforms are most effective for B2B lead generation?
According to an AdConversion survey of 60 B2B marketers, the top platforms for lead generation are Google Ads and LinkedIn Ads.
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What are the best ad platforms for building B2B brand awareness?
LinkedIn Ads is particularly effective for B2B brand awareness due to their professional audience.
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What are the key metrics to monitor when evaluating the performance of ad campaigns across different platforms?
Focus on metrics such as click-through rates (CTR), conversion rates, cost per acquisition (CPA), and return on ad spend (ROAS). These indicators provide insights into the effectiveness and efficiency of your campaigns.
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How can I effectively allocate my advertising budget across multiple platforms to maximize ROI?
Start with a diversified approach, allocating a portion of your budget to each platform. Monitor performance closely and reallocate funds towards platforms yielding higher returns, ensuring continuous optimization.
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How can I stay updated on the latest trends and best practices in B2B SaaS advertising?
Regularly engage with industry blogs, attend webinars, and participate in professional networks. Staying informed about platform updates and emerging trends ensures your strategies remain current and effective.
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What factors should be considered when choosing an ad platform for B2B SaaS marketing?
Key considerations include:
- Target Audience Alignment: Ensure the platformâs user base matches your ideal customer profile.
- Ad Format Suitability: Choose platforms offering ad formats that effectively convey your message.
- Budget and ROI: Assess the cost-effectiveness and potential return on investment.
- Platform Capabilities: Evaluate targeting options, analytics, and integration with your marketing stack.
Aligning these factors with your marketing objectives will help in selecting the most appropriate ad platform.
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Insider Benchmarks From $1,041,978 In YouTube Ads Cost Data
If youâve ever asked yourself:
- How much does YouTube Ads cost?
- Whatâs a good view rate for YouTube Ads?Â
- Whatâs a good CTR for YouTube Ads?
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We analyzed $1,041,978 In YouTube Ads data from 2023-2024 to find the answers.Â
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Now Itâs important to stress that benchmarks and stats should not be seen as law.Â
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Use these benchmarks and stats as helpful starting point for perspective.Â
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But ultimately you should hold yourself accountable to your own results.Â
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The data set is comprised of the following sample:
- Companies with > $10,000 in YouTube spend
- Historical performance from 2023-2024
- 100% B2B SaaS organizationsÂ
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For my fellow nerds đ¤ you can review and play with the anonymized data set here <<
Letâs jump into the insights!Â
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TABLE OF CONTENTS
- How much does YouTube Ads cost?
- Average Cost Per Click (CPC)
- Average Cost Per Thousand Impressions (CPM)
- Whatâs a good view rate for YouTube Ads?Â
- Whatâs a good CTR for YouTube Ads?
- Additional Resources
How Much Does YouTube Ads Cost?
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Average Cost Per View (CPV)
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The average cost per view for YouTube in-stream ads is $0.05, ranging from $0.01-$0.19.
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A view is only counted if someone watches at least 30 seconds of your video.Â
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Average Cost Per Click (CPC)
The average cost per click for YouTube Ads is $3.56, ranging from $0.05 - $10.71.
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Average Cost Per Thousand Impressions (CPM)
The average cost per thousand impressions (CPM) for YouTube Ads is $9, ranging from $1 - $23.Â
Whatâs a Good View Rate for YouTube Ads?Â
The average view rate for YouTube in-stream ads is 29.24%, ranging from 3.47% - 51.39%.Â
Whatâs a Good CTR for YouTube Ads?
The average clickthrough rate for YouTube in-stream ads is 0.51%, ranging from 0.09% - 1.64%.Â
Additional Resources
If youâre looking to uplevel your paid advertising skill set check out our free on-demand courses and join 1,000+ B2B marketers leveling up their skill sets.Â
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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)
- How to get LinkedIn-like Targeting with YouTube Ads for B2B
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Hope these benchmarks and stats gave you some insight on YouTube Ads.Â
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As mentioned at the beginning of this article benchmarks should only be used as a starting point.Â
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Your performance and beating your current benchmarks is ultimately all that matters most.Â
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People Also Ask
How can I optimize my YouTube Ads to achieve a lower Cost Per View (CPV)?
To reduce CPV, focus on creating engaging content that resonates with your target audience. Utilize precise targeting options to reach viewers more likely to engage with your ad, and experiment with different ad formats to determine which yields the best performance.
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What factors influence the Cost Per Thousand Impressions (CPM) for YouTube Ads?
CPM is affected by factors including audience demographics, geographic location, industry competition, and seasonal demand. Understanding these elements can help in strategizing your ad placements and budgeting effectively.
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How does the bidding strategy impact the overall cost of YouTube Ads?
Choosing between bidding strategies like Cost-Per-View (CPV) and Cost-Per-Thousand Impressions (CPM) can significantly influence ad costs. Selecting a strategy that aligns with your campaign objectivesâwhether focusing on views or impressionsâcan optimize spending.
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What are some best practices for achieving a higher click-through rate (CTR) on YouTube Ads?
Enhance CTR by crafting compelling ad creatives with clear calls-to-action, ensuring relevance to the target audience, and conducting A/B testing to refine ad elements. Monitoring performance metrics allows for continuous optimization.
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How can I effectively measure the return on investment (ROI) for my YouTube Ad campaigns?
Calculate ROI by comparing the revenue generated from the ad campaign to the total ad spend. Utilize tracking tools to monitor conversions and assess the profitability of your campaigns, adjusting strategies as needed to improve outcomes.
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