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Confidential, Property of Search Influence, LLC © 2017 LINKEDIN BIDDING STRATEGIES & TARGETING FOR SPONSORED UPDATES ENGAGE: Paid Social Advertising Paula Keller French Director of Sales & Marketing @searchinfluence @paulakfrench #engage

LinkedIn Bidding Strategies & Targeting for Sponsored Updates

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Page 1: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

Confidential, Property of Search Influence, LLC © 2017

LINKEDIN BIDDING STRATEGIES & TARGETING FOR SPONSORED UPDATES

ENGAGE: Paid Social Advertising

Paula Keller FrenchDirector of Sales &

Marketing

@searchinfluence @paulakfrench #engage

Page 2: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

ARE LINKEDIN ADS RIGHT FOR YOU?

si.ly/engage-2017

Page 3: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

YOUR CUSTOMERS ARE USING SOCIAL MEDIA

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 4: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

“BUSINESS MINDSET”

Image Source: Rafael Carballo https://dribbble.com/peyoteasesino@searchinfluence @paulakfrench #engage

Page 5: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

LINKEDIN HOT TIMES

Tuesday - Thursday:5pm to 6pm7:30 - 8am12:00pm

Clicks & Shares:Tuesday: 10-11

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 6: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

TIME SPENT

Facebook: 51 minutes / dayLinkedIn: 10 minutes / day

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 7: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

DEMOGRAPHICS

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 8: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 9: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 10: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

SHIFT IN B2B RESEARCHER DEMO

Source: Google/Millward Brown Digital, B2B Path to Purchase Study, 2014.

2014

46%18-34

13%55+

22%35-44

19%45-54

2012

29%35-44

27%18-34

26%45-54

18%45-54

@searchinfluence @paulakfrench #engage

Page 11: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

CONVERSIONS, CPCs, ETC.

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 12: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

GoogleAdWords

LinkedInSponsored Updates Facebook

Cost Per Click $3.35 $5.74 $1.72

Conversion Rate 2.58% 6.1% 9.21%

Cost Per Lead $125 $90 ---

@searchinfluence @paulakfrench #engage

Per Hubspot Per WordStream

si.ly/engage-2017

Page 13: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

LINKEDIN SELF-SERVICE AD UNITS

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 14: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage Source: LinkedIn

TEXT ADS

SPONSORED INMAIL

SPONSORED CONTENT

Page 15: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

TARGETING STRATEGIES

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 16: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

Do they have specific job…

Titles?

Functions?

Seniority Levels?AND/OR

PLANNING YOUR TARGET PERSONAS

si.ly/engage-2017

Page 17: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

In what industry do they work…

Or are they just at one company

Or a certain size of company?

@searchinfluence @paulakfrench #engage

PLANNING YOUR TARGET PERSONAS

si.ly/engage-2017

Page 18: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

What skills might they have?

PLANNING YOUR TARGET PERSONAS

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 19: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

MARY AT THE MIDSIZE LAW FIRM

INDUSTRY: LAW / LEGALLOCATION: OREGON & WASHINGTONCOMPANY SIZE: < 200

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 20: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

LOCATION: SOUTHEAST USSKILLS: DIGITAL MARKETING, SEO, SOCIAL MEDIA, ETC.YEARS OF EXPERIENCE: <5

@searchinfluence @paulakfrench #engage si.ly/engage-2017

DEBBIE THE DIGITAL MARKETER

Page 21: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

AIM FOR AN AUDIENCE OF:

50k - 100k(UP TO 500k)

@searchinfluence @paulakfrench #engage

Page 22: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

BIDDING

@searchinfluence @paulakfrench #engage

Page 23: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

BIDDING REQUIREMENTS

$10 / day per campaign

$2+ CPC or CPM

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 24: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

BIDDING REQUIREMENTS

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 25: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

DAILY REQUIREMENT MONTHLY (30 DAYS)

CAMPAIGN 1DECISION

INFLUENCERS$10 $300

CAMPAIGN 2DECISION MAKERS $10 $300

TOTAL $20 $600

PLUS 20%(JUST CAUSE THEY

CAN)$24 $720

MINIMUM BID SCENARIO

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 26: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

DAILY SPEND MONTHLY (30 DAYS)

CAMPAIGN 1DECISION

INFLUENCERS$25 $750

CAMPAIGN 2DECISION MAKERS $25 $750

TOTAL $50 $1,500

PLUS 20%(JUST CAUSE THEY

CAN)$60 $1,800

MORE LIKELY SCENARIO$5 CPC, 5 CLICKS / DAY

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 27: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

BIDDING TESTS

@searchinfluence @paulakfrench #engage si.ly/engage-2017

Page 28: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

MANUAL AD SCHEDULING TEST

@searchinfluence @paulakfrench #engage

CHALLENGE: No Ad Scheduling

TEST: Would running our ads only M-F improve engagement on our content and

lower our cost?

si.ly/engage-2017

Page 29: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

TEST OUTCOME: 4 CLIENTS

@searchinfluence @paulakfrench #engage

1.7%

15%

14%

COST PER ENGAGEMENT

SPEND

ENGAGEMENT

si.ly/engage-2017

Page 30: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

MANUAL BIDDING TEST

@searchinfluence @paulakfrench #engage

CHALLENGE: No automatic bidding

TEST: Can we increase clicks and decrease cost per click by strategically bidding at the

middle of the provided bidding range?

si.ly/engage-2017

Page 31: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

21 Clients

si.ly/engage-2017

Page 32: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

Performance Decline Test Month Sustained

LARGEST CLICK & CTR IMPROVEMENT

si.ly/engage-2017

Page 33: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

LARGEST CLICK & CTR IMPROVEMENT

Campaign Clicks IMPs CTR AverageCPC Avg CPM Spend

PRETEST BASELINE 52 6,359 0.82% $5.89 $48.09 $305.80

TESTING 74 2,808 2.62% $4.72 $123.52 $346.84

CHANGE 42% -56% 221% -20% 157% 13%

si.ly/engage-2017

Page 34: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

Test Month

LARGEST CLICK & CTR DECLINE

si.ly/engage-2017

Page 35: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

LARGEST CLICK & CTR DECLINE

Campaign Clicks IMPs CTR AverageCPC Avg CPM Spend

PRETEST BASELINE

88 9,042 0.97% $4.43 $43.08 $389.55

TESTING 68 7,670 0.89% $4.76 $42.23 $323.87

CHANGE -23% -15% -9% 8% -2% -17%

si.ly/engage-2017

Page 36: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

TEST OUTCOME: ALL 21 CLIENTS

@searchinfluence @paulakfrench #engage

COST PER CLICK

CLICK THROUGH RATE

CLICKS

30%

14%

39%

si.ly/engage-2017

Page 37: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

THANK YOU!PAULA KELLER FRENCH

Director of Sales & MarketingSearch Influence

SEO - Lead Tracking - Content - Paid Search - SocialNew Orleans, LA

si.ly/engage-2017

Page 38: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

WHAT SOCIAL MEDIA CHANNEL DO YOUR CUSTOMERS PREFER?

Page 39: LinkedIn Bidding Strategies & Targeting for Sponsored Updates

@searchinfluence @paulakfrench #engage

Who Uses Facebook Most? ...LinkedIn?