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Are me and my manager doing LinkedIn ads wrong?
So I’ve been using the LinkedIn’s ad library to find ad copy that I really like since our ads always perform pretty poorly— and I worry that it’s my fault since I handle the ad copy for the ads.
For example: our LinkedIn display ads are currently averaging a .10% CTR, and our video ads averaged ~.15%-.25% (can’t exactly remember off the top of my head).
One thing I’ve noticed is that when other companies run LinkedIn ads, they’re only targeting 2,000-5,000 people and their ads last for 2 days at most.
Should our ads be targeting even less people? We’re usually happy targeting 50,000 people for an ad in the SaaS industry, but if we’re over-targeting then I’ll bring it up to my manager.
Another thing is that our LinkedIn spend is somewhere between $100-$200 a day. I know spend only affects how quickly our audience penetration increases, but if that’s another point where we’re missing then that might be important. Maybe it’s more important to just shotgun out content in one fell swoop instead of running a display/video ad for several months.
I think our video ads have been running since May and the audience penetration is maybe around 20%.
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