ScienceLogic Generates More Conversions with Less Budget Using LinkedIn Advertising
Julia Lim, Vice President of Marketing at Sciencelogic, talks about how Search Mojo's LinkedIn Advertising Management generated more leads for less money, producing significant improvements in ROI.
ScienceLogic, a provider of technology solutions for data center management and cloud computing management, relaunched its pay-per-click (PPC) advertising efforts in October 2012. They had been relying heavily on keyword-based search ads for about 15 months, primarily directing ad respondents to “contact us”-type conversion actions. Conversion levels weren’t ideal, and the cost per conversion action was extremely high at almost $625 per lead.
ScienceLogic's market niche is extremely competitive with notoriously high costs per click (CPC). A 2012 study of the most expensive Google AdWords keyword terms in advertising revealed that many of ScienceLogic’s keywords – even the most specific terms – had some of the highest CPCs across any industry. Over that 15-month time period, the data from that study held true for ScienceLogic as well, as many CPCs were over $13.00 per click, with many minimum first page bids over $10 per click. As a result, opportunities to reach their target audience were limited because of budget constraints.
ScienceLogic needed a better way to target their audience. While keyword PPC advertising was providing exposure for their brand and generating traffic for their website, even the most niche long-tail keywords were not targeted enough to allow them to reach their specific buyer personas.
Search Mojo shifted ScienceLogic’s strategy to minimize keyword search advertising in favor of LinkedIn Advertising to better focus their online marketing to its target demographics. They identified ScienceLogic’s key buyer personas and, using LinkedIn’s comprehensive B2B targeting capabilities, created campaigns focused on those personas. Search Mojo also created custom landing pages focusing on sign-ups for digital assets like whitepapers, surveys and webinars.
Search Mojo also introduced remarketing and contextual display advertising campaigns in Adwords to reduce the reliance on keyword-based search advertising, while keeping ScienceLogic top-of-mind to potential prospects. The remarketing campaigns specifically targeted those who had previously visited ScienceLogic’s website, but did not convert; while the contextual advertising targeted ads based on search interests (rather than specific keywords) and age and gender demographics.
LinkedIn Advertising proved to be a very effective tactic for online B2B lead generation, allowing ScienceLogic to reach their exact customer demographics at a lower cost per lead. This, paired with more demographically-targeted, rather than keyword-heavy, PPC display advertising, was extremely effective in driving the right leads for ScienceLogic. Additionally, the utilization of digital content assets like whitepapers, webinars and surveys was a much more effective method in getting online leads than focusing on “Contact Us” form completions.
- In 6 weeks, LinkedIn Ads surpassed the lead volume that the previous 15 months of Google AdWords PPC had produced.
- In 4 months, LinkedIn Ads delivered 217% more leads than what the previous 15 months of Google AdWords PPC produced - for 82% less budget.
- The cost per lead during the 4 months of LinkedIn Ads was 94% lower than Google AdWords.
- Conversion rate was over 1,500% better than Google AdWords PPC.
- The emphasis on contextual display advertising, over keyword advertising, immediately resulted in getting many more clicks. The costs per click were 83% lower than the previous period and they received 226% more clicks per month even with a 44% reduced media spend.