B2B CMOs and LinkedIn

Of all the social media platforms, LinkedIn was cited as the favorite by 74% of B2B CMOs polled in the Chief Marketer 2019 B2B Marketing Outlook survey. It’s not surprising since LinkedIn is most widely used by 706 million people, the majority of whom are business people and professionals.

What sets LinkedIn apart from other social media platforms is that it allows users to better identify and narrow down its niche audiences. Users can identify their target audiences by such things as job title, experience, industry, interest area, member group, and company demographics.

Features

Prior to the pandemic, LinkedIn’s toolkit offered LinkedIn Events and LinkedIn Live as venues through which members could connect with others. LinkedIn Events allowed companies to offer in-person venues at which members who initially connected virtually could meet and learn at brand-sponsored workshops and seminars. When combined with LinkedIn Live, this also allowed a connection to the brand’s website and allowed others to participate virtually.

When the pandemic was declared, both transitioned entirely to virtual menus. Either way, the venues proved valuable in using video as a key marketing component. Keith Richey, LinkedIn’s Senior Director of Global Marketing, said the transition virtually has been so successful with the addition of video that it’s generated seven times more reactions and 24 times as many comments than before.

Since then, LinkedIn, like other platforms, has added features that encourage its audience to utilize it even more. In March, the platform replaced what used to be Sponsored InMail with Conversion Ads. The difference is that Conversion Ads allow viewers to select their own path experience while giving CMOs the ability to generate awareness and/or insert calls to action along every step of the journey.

In addition, when users now complete a lead-gen form or view a video, brands can better target their messaging and interact with consumers. In support of that, updates to LinkedIn Audience Network were also made that allows marketers to scale their interaction with customers and extend it to other platforms.

Finally, LinkedIn continues its interest in account-based marketing and is seeking new partners in its Marketing Partners program. It added three new partners with ABM capabilities in the second quarter of this year.

Ad Tips

Because of the size of its audience and demographic of its members, B2B advertising on LinkedIn can be fruitful. Brands thinking of advertising should consider these things.

The ideal ad headline should be under 60 characters. Similarly, the text should not exceed 500 characters. If an image is used, limit ad size to 1,200 x 627 pixels and link posts to 1,200 x 1,200 pixels for desktop and 1,200 x 628 pixels for mobile phones. For story ads, 1,200 x 627 pixels is recommended.

If utilizing video, the ideal length is 15 seconds or less with a 30-minute maximum and three-second minimum. The aspect ratio should either be 9:16 or 16:9.

For campaign manager self-service ads, $10 per day is the budget minimum while there’s a $2 minimum bid for CPC or CPM.

Ronn Torossian is CEO of 5WPR, a leading pr firm

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About Ronn Torossian

Ronn Torossian is the founder and CEO of 5W Public Relations, one of the largest independently-owned PR firms in the United States. With over 20 years of experience crafting and executing powerful narratives, Torossian is one of America's most prolific and well-respected Public Relations professionals.

Since founding 5WPR in 2003, he has led the company's growth, overseeing more than 200 professionals in the company's headquarters in midtown Manhattan. With clients spanning corporate, technology, consumer and crisis, in addition to digital marketing and public affairs capabilities, 5WPR is regularly recognized as an industry leader and has been named "PR Agency of the Year" by the American Business Awards on multiple occasions.

Throughout his career, Torossian has worked with some of the world's most visible companies, brands and organizations. His strategic, resourceful approach has been recognized with numerous awards including being named the Stevie American Business Awards 2020 Entrepreneur of the Year, the American Business Awards PR Executive of the Year, twice over, an Ernst & Young Entrepreneur of the Year semi-finalist, Metropolitan Magazine's Most Influential New Yorker, a 2020 Top Crisis Communications Professional by Business Insider, and a recipient of Crain’s New York 2021 Most Notable in Marketing & PR.

Torossian is known as one of the country's foremost experts on crisis communications, and is called on to counsel blue chip companies, top business executives and entrepreneurs both in the United States and worldwide. Torossian has lectured on crisis PR at Harvard Business School, appears regularly on CNN & CNBC, is a contributing columnist for Forbes and the New York Observer, and has authored two editions of his book, "For Immediate Release: Shape Minds, Build Brands, and Deliver Results With Game-Changing Public Relations," which is an industry best-seller.

A NYC native, Torossian lives in Manhattan with his children. He is a member of Young Presidents Organization (YPO), and active in numerous charities