LinkedIn advertising benchmarks

What does "good" look like on LinkedIn ads? This is the exact question that our benchmarking library answers.

If you were to ask B2B marketers what their most important channel to invest in was this year, they’d probably say LinkedIn. And that makes sense. There is a lot that makes this platform desirable.

LinkedIn stands apart not just for its targeting options or bidding models, but because it’s one of the few places online where professionals are primed to think about work before they even log in. It’s a lot easier to grab attention when you’re not competing with a video of a family of raccoons throwing a party on somebody's patio.

The trouble is, while LinkedIn is a platform that we at Abe believe in so much that we literally built an agency for it, we will be the first to admit that it is not the easiest channel to use. Appearances can be deceiving if you're not looking at the right metrics or models. Understanding how well you’re doing on LinkedIn requires context, which, until now, was hard to find. 

Fortunately, we’ve developed a LinkedIn Advertising Benchmarks for B2B report, drawing on a large sample of real client campaigns to provide meaningful reference points for budget planning, performance reviews, and strategic decisions.

We’ve made the main takeaways public in this article, but if you’re running LinkedIn ads, please do grab a copy of the free report once it's live. We worked hard to make sure it would be jam-packed with information to help you on your way.

Where do these benchmarks come from? 

This data comes from real campaigns run by yours truly as well as our sister agency, Directive Consulting.

The data comes from brands with monthly LinkedIn budgets ranging from $3,000 to $300,000. It spans small businesses and enterprise players, with a strong focus on B2B SaaS. All results were cleaned for outliers and anonymized to ensure data integrity and privacy.

The goal isn’t to prescribe a single “ideal” number, but to provide realistic, defensible ranges that marketers can use to evaluate their own performance.

How to use benchmarks

Effective data analysis depends on context. Your data storytelling is only as good as your details. A good example of this is if you were presenting on LinkedIn advertising costs. On the surface, it might seem expensive, but that would only be the case if you're looking at lead costs comparative to other platforms. If you look at lead quality, suddenly LinkedIn looks like the most valuable channel to ever exist.

Your data storytelling is only as good as your details.

Benchmarks won't tell your unique story for you, but they will help you provide relative measures. As marketers who are relying on reporting to convey how well you're hitting your KPIs, we hope these benchmarks will help you to: 

  • Set expectations that stakeholders can understand
  • Identify underperforming areas worth optimizing
  • Justify budget allocation with credible industry data

LinkedIn benchmarks by metric

Cost Per Click (CPC): Around $4.34

  • Reflects the price to generate a single click. Higher than many social platforms, but typical for LinkedIn’s professional audience.

Cost Per 1000 Impressions (CPM): Approximately $85.24

  • Reflects the price to generate a single click. Higher than many social platforms, but typical for LinkedIn’s professional audience.

Cost Per Lead (CPL): Roughly $550

  • A typical cost to capture a qualified lead. While this can seem high, it often reflects better sales conversion rates downstream.

Click-Through Rate (CTR): Typically ~0.66%

  • LinkedIn CTRs tend to be lower than channels with broader audiences, reflecting its niche professional targeting.

These are overall medians—but the report also includes low-range and high-range values, showing the variability you might expect depending on your industry, offer quality, and targeting strategy. For instance:

  • CPL values can range from ~$335 on the low end to $885 or higher in more competitive contexts.
  • CPM can range from ~$56 to $144 or more, depending on audience granularity and creative impact.
  • CTR typically ranges between ~0.46% on the low side and over 1% in well-optimized campaigns.

These spreads help marketers understand not only what’s “typical,” but what’s possible with strong creative, targeting, and value propositions.

Ad type-specific callouts

Conversation Ads

  • Median CPC: ~$3.23
  • Median Cost Per Lead: ~$884
  • Median Open Rate: ~40.9%
  • Notes: Strong open rates reflect the direct-message format, but CPL can be higher due to the need for personalized offers and incentives.

Sponsored Content

  • Median CPC: ~$11.16
  • Median Cost Per Lead: ~$1,192
  • Median CPM: ~$32.66
  • Median CTR: ~0.56%
  • Notes: A flexible format for both awareness and engagement, with performance shaped heavily by creative quality and audience targeting.

Matching ad types to funnel stages

One of the most consistent findings in our work is that LinkedIn ad performance can’t be separated from funnel stage strategy. Different formats excel at different goals. Most brands will want to do a mix of around 70% lead generation, 30% awareness. The exact blend will depend on your brand notoriety and market penetration. We would virtually never recommend that a brand spend nothing on brand awareness.

Most brands will want to do a mix of around 70% lead generation, 30% awareness.

Top of Funnel (TOFU)

  • Goal: Build awareness among target audiences
  • Formats: Sponsored Content, Video Ads
  • Metrics to watch: Impressions, CPM, reach

Even for cautious budgets, allocating some spend to brand awareness campaigns supports long-term efficiency by increasing recognition before asking for a conversion.

Middle of Funnel (MOFU)

  • Goal: Capture interest and generate leads
  • Formats: Document Ads, Lead Gen Forms
  • Metrics to watch: Cost Per Lead, conversion rate

This is the stage for value exchanges: offering genuinely useful content in return for contact information. Whether it's a whitepaper, webinar, or other gated resource, the content needs to answer real questions your audience has.

Bottom of Funnel (BOFU)

  • Formats: Conversation Ads, ABM campaigns
  • Metrics to watch: MQLs, SQLs, Opportunity creation

Here, relevance is everything. Conversation Ads, for example, work best when they feel personal and include compelling incentives—like free trials, credits, or carefully considered offers that encourage direct engagement.

It’s also important to recognize that performance varies significantly by ad format. Below are a few sample median metrics from our dataset, showing how costs and engagement typically differ across common LinkedIn ad types:

Conclusion

It’s easy to think of benchmarks as just numbers on a page. But they’re really about enabling better choices.

By understanding typical cost ranges and outcomes, marketers can communicate performance more credibly, plan budgets based on evidence,

  • Communicate performance more credibly internally
  • Plan budgets based on evidence, not guesswork
  • Spot opportunities for incremental improvement

LinkedIn remains one of the most valuable platforms for B2B marketing, but also one of the hardest to get right. If you don't have a LinkedIn advertising expert on your team, Abe would love to fill in any gaps you're experiencing. Get in touch with our friendly team today.

By: Team Abe

Related blogs

Enjoyed this read? See what else we have to say.