Innovative targeting and creative optimisation to drive down CPL
Optimising the campaign to take full advantage of LinkedIn involved more than just simplifying the customer journey, however, Hisham and Mohamed also worked with the platform on developing new targeting approaches that could reach their target audience at scale - and reduce CPL.
"At first we were only targeting specific job titles in specific industries and this resulted in a really high cost per click as the available audience meeting these criteria was so small," says Hisham. "Working with LinkedIn, we tried different ways of reaching a relevant audience: combining industry and skills, using a custom list of target accounts, and then creating look-alike audience segments based on these approaches. This really helped to reduce our CPL and find the audience we need at scale."
Trialling different approaches to creative also played a key roles in optimising the campaign, with the team discovering that localised imagery drove greater engagement. Over three months these changes in approach has a dramatic impact on campaign effectiveness. Microsoft was able to treble the volume of leads generated from LinkedIn, while reducing CPL by 85% and securing earned media value of 65% through increased engagement with content. "The collaborative approach that we've developed with LinkedIn makes this a partnership that goes beyond just one campaign," says Mohamed. "We'll be applying the lessons we're learning to several other campaigns as well."