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Master LinkedIn Ad Metrics: The Ultimate A to Z Glossary to Measure Your Marketing Performance
ByAdrian Cordiner
Master LinkedIn Ad Metrics: The Ultimate A to Z Glossary to Measure Your Marketing Performance

LinkedIn Ads play a crucial role in B2B marketing strategies, helping brands reach decision-makers, generate leads, and drive conversions. However, tracking LinkedIn analytics effectively is essential for optimizing campaigns and ensuring maximum ROI.

This comprehensive LinkedIn Ads Metrics Glossary covers all the important LinkedIn metrics, explaining what they mean, why they matter, and what benchmarks to aim for. Whether you’re a marketer, agency, or business owner, this guide will provide valuable insights into your LinkedIn marketing efforts.


Contents

  1. Engagement Metrics
  2. Conversion Metrics
  3. Video Performance Metrics
  4. Ad Spend & Efficiency Metrics
  5. LinkedIn Page Analytics
  6. Organic vs. Sponsored Performance Tracking
  7. Audience Insights & LinkedIn Analytics Tracking
  8. Advanced LinkedIn Analytics Tools & Reporting
  9. Industry Benchmarks for LinkedIn Ads & Organic Performance
  10. How to Improve Key LinkedIn Metrics

Planning brand awareness campaigns

1. Engagement Metrics

Engagement metrics measure how users interact with your LinkedIn posts and sponsored posts. These are key indicators of content relevance and audience interest.

1.1 Click-Through Rate (CTR)

Definition: The percentage of people who clicked on your ad or post after seeing it. CTR specifically focuses on chargeable clicks, which are the clicks that advertisers pay for.

Formula:

CTR = (Total Chargeable Clicks / Total Impressions) × 100

Why It Matters: Understanding the number of clicks is a critical metric for evaluating advertising effectiveness. A high CTR indicates that your content resonates with your target audience and encourages action. This metric helps gauge both brand awareness through ad clicks and the overall success of a campaign in driving conversions on platforms like LinkedIn.

Good Baseline:

  • Sponsored Content Ads: 0.35% – 0.45%
  • Text & Message Ads: 3% – 6%

1.2 Engagement Rate

Definition: The percentage of users who engage (clicks, reactions, comments, shares) with your post or ad.

Formula:

Engagement Rate = (Total Engagements / Total Impressions) × 100

Selecting a campaign objective that aligns with the engagement objective is essential for ensuring the accuracy of the benchmarks used in marketing evaluations.

Why It Matters: Measures overall interest and interaction levels. A higher rate means stronger audience engagement. Good Baseline: 1% – 2%

1.3 LinkedIn Reactions (Likes, Celebrate, Support, etc.)

Definition: The number of times users react to a post (e.g., Like, Celebrate, Love).
Why It Matters: Helps gauge sentiment and audience response to your content.
Good Baseline: Varies by content type but should show steady growth over time.

1.4 Shares

Definition: The number of times a post is shared by LinkedIn users.

Why It Matters: Shows organic reach expansion and content virality. Additionally, users sharing a sponsored content ad significantly contribute to the overall viral metrics of a campaign. Tracking these metrics is crucial to understanding the effectiveness of the sponsored content and its reach among a user’s network.

1.5 Comments

Definition: The number of comments on a post or ad.
Why It Matters: A strong indicator of engagement and deeper audience interest.


2. Conversion Metrics

Conversion metrics track how well your ads drive actions, such as lead generation or website visits. Tracking the most important LinkedIn metrics is crucial to optimize marketing efforts, as it helps gauge the performance of your LinkedIn pages, improve engagement, and strategize content effectively to enhance your B2B presence. Accurate metrics for a campaign are essential for assessing performance and aligning with established guidelines.

LinkedIn’s analytics tools provide valuable insights into follower demographics, engagement rates, and overall performance, making them essential for tailoring content strategies effectively.

2.1 Lead Form Opens

Definition: The number of times users open a LinkedIn Lead Gen Form after clicking an ad.
Why It Matters: Indicates the effectiveness of your ad in generating interest.
Good Baseline: Varies by industry but 20% – 30% of form opens should ideally convert to submissions.

Formula:

Lead Form Opens = Total Ad Clicks × Lead Form Open Rate

2.2 Lead Form Submissions

Definition: The number of users who complete and submit a Lead Gen Form. Why It Matters: Directly tied to LinkedIn marketing strategy success in generating qualified leads. Good Baseline: 10% – 15% conversion rate from form opens.

Using historical data to benchmark your CPL can provide a more accurate measure of success by comparing current performance against your own past metrics.

Formula:

Lead Form Submissions = Lead Form Opens × Submission Rate

2.3 Cost Per Lead (CPL)

Definition: The average cost incurred to generate one lead.
Formula:

CPL = Total Ad Spend / Total Leads

Why It Matters: Lower CPL indicates more efficient marketing efforts.
Good Baseline:

  • B2B Industry: $50 – $150
  • Enterprise SaaS: $100 – $200

2.4 Website Conversions

Definition: The number of users who take a specific action on your site after clicking an ad (e.g., form submission, purchase).

Why It Matters: Measures ad effectiveness in driving valuable actions.

Lead gen forms are crucial for tracking conversions and leads from advertising campaigns, as they help assess the effectiveness of marketing efforts focused on driving user actions such as signups or downloads.

2.5 Conversion Rate

Definition: The percentage of users who complete a desired action after clicking an ad.
Formula:

Conversion Rate = (Total Conversions / Total Clicks) × 100

Why It Matters: Shows how well your ad and landing page drive conversions.
Good Baseline: 2% – 10% depending on industry.


3. Video Performance Metrics

Video ads are a powerful tool in LinkedIn marketing strategy, but measuring their performance is crucial.

3.1 Video Views

Definition: The number of times a video ad was viewed for at least 2 seconds while at least 50% of the video was in view.

Why It Matters: Indicates how well your video content captures initial attention.

Outstream video ads, unlike in-stream video ads, often have lower completion rates because they do not require active viewer engagement, which can impact overall view metrics.

Good Baseline: 30% – 50% view rate

3.2 Video View Completion Rate

Definition: The percentage of users who watch your video ad to completion.

Formula:

Completion Rate = (Completed Views / Total Views) × 100

Why It Matters: Higher rates suggest engaging video content.
Good Baseline: 15% – 30%

3.3 Cost Per Video View

Definition: The average amount spent per video view.

Formula:

Cost Per View = Total Ad Spend / Total Video Views

Why It Matters: Helps optimize budget allocation for video ads.
Good Baseline: $0.05 – $0.10 per view


4. Ad Spend & Efficiency Metrics

Tracking LinkedIn ads performance requires monitoring efficiency-related metrics.

4.1 Cost Per Click (CPC)

Definition: The cost incurred per click on your ad.

Formula:

CPC = Total Ad Spend / Total Clicks

Why It Matters: Lower CPC means more cost-efficient ad performance. Considering additional campaign metrics alongside CPC can provide deeper insights into campaign performance and facilitate more informed decision-making. Good Baseline:

  • Sponsored Content Ads: $5 – $12
  • Text & Message Ads: $3 – $6

4.2 Cost Per Mille (CPM)

Definition: The cost per 1,000 ad impressions.

Formula:

CPM = (Total Ad Spend / Total Impressions) × 1000

Why It Matters: Helps assess the cost of visibility.
Good Baseline: $30 – $90

4.3 Return on Ad Spend (ROAS)

Definition: The revenue generated for every dollar spent on ads.

Formula:

ROAS = Revenue from Ads / Total Ad Spend

Why It Matters: Indicates overall ad profitability.
Good Baseline: 3x – 5x

4.4 Impression Share

Definition: The percentage of total eligible impressions your ad received.
Why It Matters: A higher share means better ad visibility.

Formula:

Impression Share = (Total Impressions / Total Eligible Impressions) × 100

5. LinkedIn Page Analytics: Tracking Your Company Page Performance

Your LinkedIn company page is a key asset in your social media strategy. Tracking LinkedIn Page Analytics provides valuable insights into your brand’s reach, audience engagement, and growth. Understanding various metrics associated with LinkedIn Pages, such as audience growth and engagement rates, is crucial for tailoring your strategies for better outcomes.

5.1 Page Views

Definition: The number of times your company page was viewed.

Why It Matters: Indicates brand visibility and how often people visit your LinkedIn presence.

Accessing specific video metrics in Campaign Manager is crucial for a detailed analysis of your video ads’ performance. By selecting Video as a column view from the reporting dashboard or during report exports, you can gain targeted insights.

Good Baseline: Consistent growth over time is key.

Formula:

Page Views = Total Views of Company Page in a Given Period

5.2 Unique Visitors

Definition: The number of individual LinkedIn users who visited your company page, excluding repeat visits.

Why It Matters: Helps measure brand reach beyond existing followers.

Exporting a report with specific metrics related to video ads performance can provide better insights by selecting video as a column view in the reporting dashboard.

Good Baseline: Growth of 5% – 10% per month is a healthy sign.

Formula:

Unique Visitors = Total Individual Users Visiting the Page in a Given Period

5.3 Visitor Demographics

Definition: Data on the people visiting your page, including job function, industry, location, and company size.
Why It Matters: Helps ensure your target audience aligns with your LinkedIn marketing strategy.

5.4 New Followers

Definition: The number of LinkedIn users who started following your page within a given period.
Why It Matters: Tracks brand growth and organic reach.
Good Baseline:

  • B2B brands: 100+ new followers per month
  • Smaller companies: 20+ new followers per month

Formula:

New Followers = Total Followers at End of Period − Total Followers at Start of Period

5.5 Follower Metrics (Total & Growth Rate)

Definition: The total number of followers and how quickly your LinkedIn company page is gaining new ones.
Why It Matters: Indicates brand credibility and organic reach.
Good Baseline: 5% – 10% monthly follower growth.

Formula:

Follower Growth Rate = (New Followers / Total Followers at Start of Period) × 100

5.6 LinkedIn Audience Demographics

Definition: Insights into your followers’ job titles, industries, company sizes, and locations.
Why It Matters: Helps tailor content to attract the right audience.

5.7 Engagement Rate on Company Page Posts

Definition: The percentage of interactions (likes, comments, shares, clicks) your posts receive.
Why It Matters: Indicates how engaging your content is for your LinkedIn audience.
Good Baseline: 1% – 2% engagement rate is strong for organic posts.

Formula:

Engagement Rate = (Total Engagements / Total Impressions) × 100

6. Organic vs. Sponsored Performance Tracking

Measuring both organic and paid performance helps refine your LinkedIn marketing efforts.

6.1 Organic Reach vs. Paid Reach

Definition:

  • Organic Reach: The number of unique users who saw your post without paid promotion.
  • Paid Reach: The number of unique users who saw your sponsored posts. Viral metrics are achieved through users sharing a sponsored content ad within their networks, enhancing campaign performance. Why It Matters: Helps balance organic content vs. ad spend in your content strategy.

Organic Reach Formula:

Organic Reach = Total Unique Users Who Saw the Post Without Paid Promotion

Paid reach formula:

Paid Reach = Total Unique Users Who Saw the Sponsored Post

CPM (Cost per Mille): CPM rates are measured based on total impressions, quantified in sets of 1,000 impressions.

6.2 Organic vs. Paid Engagement Rate

Definition: Comparison of engagement rates between organic and paid posts.
Why It Matters: Identifies whether organic content is performing well or if LinkedIn ads are necessary for higher engagement.

Organic engagement rate formula:

Organic Engagement Rate = (Total Organic Engagements / Total Organic Impressions) × 100

Paid engagement rate formula:

Paid Engagement Rate = (Total Paid Engagements / Total Paid Impressions) × 100

6.3 Cost Per Engagement (CPE)

Definition: The cost to generate a single interaction (click, reaction, comment, share) on a paid post.
Formula:

CPE = Total Ad Spend / Total Engagements

Why It Matters: A lower CPE means more cost-effective LinkedIn advertising.
Good Baseline: $0.50 – $2 per engagement, depending on the audience and industry.

6.4 Share of Engagement (Organic vs. Sponsored)

Definition: The percentage of total engagement coming from organic vs. paid efforts. Why It Matters: Helps optimize content distribution.

Organic Share Formula:

Organic Engagement Share = (Total Organic Engagements / Total Engagements (Organic + Paid)) × 100

Paid Share Formula:

Paid Engagement Share = (Total Paid Engagements / Total Engagements (Organic + Paid)) × 100
Performance metrics in campaigns

7. Audience Insights & LinkedIn Analytics Tracking

Understanding your LinkedIn audience ensures better marketing strategy alignment.

7.1 Audience Data from LinkedIn Analytics Reports

Definition: Insights on engagement patterns, job roles, and industries of engaged users.

Why It Matters: Helps fine-tune messaging and targeting.

  • Utilize demographic insights on LinkedIn to enhance advertising effectiveness.
  • Enable features under targeting criteria to reach similar audiences for better ad performance.

Understanding the network of connections is crucial for gaining better audience insights, as it amplifies the reach and impact of your content when users share it within their own networks.

7.2 LinkedIn Audience Network Performance

Definition: Measures how your ads perform across LinkedIn’s Audience Network (partner websites and apps).
Why It Matters: Expands ad reach beyond LinkedIn’s platform.

7.3 Best-Performing Content Types

Definition: Identifies which formats drive the highest engagement (e.g., video vs. articles vs. image posts).
Why It Matters: Guides content marketing strategies.


8. Advanced LinkedIn Analytics Tools & Reporting

Using LinkedIn analytics tools improves campaign optimization and performance tracking. LinkedIn’s analytics tools enable users to analyze follower demographics, track engagement rates, and compare organic versus sponsored growth.

8.1 LinkedIn Analytics Dashboard

Definition: The built-in LinkedIn reporting tool that tracks post and page performance.

Why It Matters: Provides quick valuable insights into engagement, reach, and audience demographics. Viral metrics are crucial in evaluating the performance of content, particularly in relation to viral videos and advertisements.

Selecting ‘view from the reporting’ allows users to access specific metrics related to video ads by choosing Video as a column view on the reporting dashboard, offering better insights into the performance of their video campaigns.

8.2 Creating LinkedIn Analytics Reports

Definition: Compiling a LinkedIn analytics report involves customizing the report to focus on specific metrics and insights, enabling data-driven decision-making.

Why It Matters: Helps refine LinkedIn marketing strategy with clear KPIs.

8.3 Third-Party LinkedIn Analytics Tools

  • Hootsuite & Sprout Social: Track LinkedIn performance alongside other social media platforms.
  • AgencyAnalytics & Buffer: Provide deeper engagement tracking.

8.4 Tracking LinkedIn Metrics Over Time

Definition: Monitoring long-term trends in engagement, followers, and conversions. Why It Matters: Ensures continuous improvement of LinkedIn marketing efforts.

Long-term tracking can help you measure the effectiveness of your campaigns by analyzing key performance indicators such as conversions and cost per lead.

Effectively tracking LinkedIn analytics ensures marketing agencies and brands gain deeper insights into campaign performance. From visitor analytics to sponsored posts, understanding these key LinkedIn metrics allows businesses to optimize LinkedIn strategy for better engagement, conversions, and brand visibility.

By leveraging LinkedIn analytics tracking, businesses can improve their social media strategy, refine content marketing, and make data-driven decisions for future posts.


9. Industry Benchmarks for LinkedIn Ads & Organic Performance

Understanding benchmark ranges helps businesses evaluate their LinkedIn marketing efforts against industry standards.

9.1 LinkedIn Ad Performance Benchmarks (2024)

Here’s a breakdown of typical performance benchmarks across different industries:

MetricB2B SaaSFinanceHealthcareTech & ITRecruitment
CTR (Click-Through Rate)0.35% – 0.55%0.30% – 0.50%0.25% – 0.45%0.40% – 0.60%0.50% – 0.70%
Engagement Rate1% – 2%0.8% – 1.5%0.6% – 1.2%1.2% – 2.5%1.5% – 3%
CPC (Cost Per Click)$5 – $12$7 – $15$8 – $20$4 – $10$3 – $8
CPM (Cost Per 1,000 Impressions)$30 – $85$40 – $95$50 – $120$25 – $75$20 – $60
Lead Form Submission Rate10% – 20%8% – 18%5% – 15%12% – 22%15% – 25%

Tracking performance for effective marketing strategies is crucial, especially in the context of campaign performance or ad performance. These key LinkedIn metrics will vary based on targeting, ad format, and audience.

For example, a B2B SaaS company might aim for a CTR of 0.35% to 0.55% by targeting decision-makers with a carousel ad format, while a recruitment firm could achieve a higher CTR of 0.50% to 0.70% by focusing on job seekers with single image ads.

9.2 Organic LinkedIn Performance Benchmarks

For LinkedIn company pages, here are industry standards for organic reach and engagement:

MetricGood Baseline
Organic Engagement Rate1% – 2%
Click-Through Rate (CTR)1.5% – 3%
LinkedIn Reactions Per Post50 – 200
Shares Per Post10 – 50
Comments Per Post5 – 20
Monthly Follower Growth5% – 10%

If your LinkedIn post analytics show lower numbers, your content may not be resonating with your target audience.


10. How to Improve Key LinkedIn Metrics

Want to boost your LinkedIn performance? Follow these best practices:

10.1 How to Increase CTR on LinkedIn Ads

Use compelling headlines (e.g., “Are You Making This LinkedIn Ad Mistake?”)

Add strong CTAs like “Download Now” or “Learn More”

Optimize ad creatives with high-contrast visuals and short copy

A/B test different LinkedIn audience targeting

  • Utilize Campaign Manager to analyze ad metrics, optimize campaigns, and set benchmarks for improving ROI

10.2 How to Improve Engagement on LinkedIn Posts

 Use storytelling in captions instead of dry corporate messaging
 Post carousel documents (LinkedIn favors interactive content)
 Leverage LinkedIn reactions by encouraging discussion
 Post at optimal times (Tuesday–Thursday, 8–10 AM & 12 PM)

10.3 How to Lower LinkedIn Ads Cost (CPC & CPM)

 Narrow targeting to high-intent LinkedIn users
 Retarget website visitors using LinkedIn Audience Network
 Use video ads (often cheaper than static ads)
 Optimize landing pages to improve conversion rate


Final Thoughts on Tracking LinkedIn Metrics

Effectively tracking LinkedIn analytics is essential for optimizing ad performance, improving engagement, and maximizing ROI. Whether you’re analyzing CTR, CPC, ROAS for LinkedIn ads or monitoring organic engagement rates, visitor demographics, and follower growth, understanding these key metrics empowers you to make data-driven marketing decisions.

By leveraging LinkedIn analytics tools, businesses can refine their content strategy, optimize ad spend, and enhance audience targeting to drive higher conversions and engagement. Consistently monitoring these metrics ensures that B2B brands, agencies, and marketers stay ahead of the competition by making smarter, more informed advertising decisions. Additionally, tracking these metrics allows you to measure the effectiveness of your LinkedIn marketing efforts, ensuring alignment with your specific marketing objectives.

Take Your LinkedIn Advertising to the Next Level

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  • AI-driven campaign optimization for better performance
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  • Benchmarking tools to compare performance against industry standards
  • Actionable insights to help you scale your LinkedIn marketing strategy

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