Episode 518 | A Live LinkedIn Ads Consult with Anthony Blatner and Scatterspoke
Oct 13, 2020
auto_awesome
In this engaging session, LinkedIn expert Anthony Blatner shares invaluable insights with B2B SaaS founder John Samuelson on leveraging LinkedIn ads effectively. They discuss the importance of targeting specific customer profiles and the optimal company size for Scatterspoke. The conversation highlights strategies for analyzing competitor ads and building successful campaigns, including budget setting and audience size considerations. Listeners learn about the advantages of free trials and educational content to drive conversions and improve customer engagement.
LinkedIn ads are effective for B2B SaaS companies when targeting decision-makers, requiring a clear customer profile and strong sales processes.
Compelling ad content that addresses audience pain points, combined with effective audience segmentation, significantly improves conversion rates on LinkedIn.
Deep dives
The Benefits of LinkedIn Ads for B2B SaaS
LinkedIn ads can be an effective marketing strategy for B2B SaaS companies, especially when targeting specific decision-makers. It is essential to have a clear customer profile and a lifetime value (LTV) of around $10,000 or more to justify the investment in this higher-cost channel. Companies must also ensure that their sales processes are well developed to capitalize on the leads generated from LinkedIn ads. This platform excels in reaching niche markets and professionals that are hard to target on other channels, making it a preferred choice for engaging with high-value clients.
Key Considerations Before Launching LinkedIn Ads
Prior to initiating a LinkedIn advertisement campaign, companies need to make certain that foundational aspects are in place. The primary recommendation is to have a defined target market, which ensures messaging resonates with potential customers and increases conversion rates. Additionally, a well-structured sales process is critical; as LinkedIn advertising can generate more expensive leads, a robust mechanism is necessary to convert these leads into paying customers. Companies should also carefully analyze their existing infrastructure to determine if they can efficiently handle the leads that LinkedIn ads may generate.
Engaging Target Audiences on LinkedIn
Identifying and segmenting target audiences on LinkedIn can greatly enhance the effectiveness of ad campaigns. Companies should focus on specific roles that influence purchasing decisions, such as engineers, engineering managers, and Scrum Masters, tailoring their messaging accordingly. Segmenting audiences based on company size and industry can also improve targeting, allowing businesses to create personalized content that speaks directly to their needs. Continually refining audience parameters based on campaign performance helps in targeting the right individuals and ensures optimized advertising spend.
Creating Effective LinkedIn Ad Content
Developing compelling ad content for LinkedIn requires an understanding of audience pain points and relevant offerings. Content-focused ads, such as whitepapers or guides, tend to perform better than direct calls to action, fostering an educational approach that warms up leads before asking for a sale. Utilizing statistics and problem-solving messaging can engage potential customers who might be experiencing similar challenges. Enhancing the ad copy with powerful visuals and a clear call-to-action can guide prospects further down the sales funnel and increase conversion rates.
Episode 518 of Startups For the Rest of Us is an experimental format where Anthony Blatner, a LinkedIn expert, live consults with John Samuelson, a B2B SaaS founder on advertising a SaaS business on LinkedIn.
There's a wealth of knowledge in today's episode so if you are considering or have thought about LinkedIn ads, this episode is worth a listen. We'd love your feedback on this new format. Was it helpful? Let us know in the comments or on Twitter (@startupspod)!
If you have questions about starting or scaling a software business that you'd like for us to cover, please submit your question for an upcoming episode. We'd love to hear from you!