LinkedIn Tips
Nov 1, 2024
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13
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LinkedIn Audience Segmentation: Complete Guide 2024
LinkedIn audience segmentation helps businesses target the right professionals on the world's largest professional network. Here's what you need to know:
Segment users by job titles, company size, industry, and more
Tailor content to specific groups for better engagement
Use LinkedIn's 2024 targeting tools: Accelerate campaigns, improved metrics, collaborative articles
Key segmentation criteria:
Job experience (title, function, seniority)
Company details (size, industry)
Demographics (age, gender)
Education (degree, field of study)
Interests and traits
Best practices:
Don't over-segment (keep audience over 50,000 for most campaigns)
Test different segments
Monitor performance regularly
Stay updated on LinkedIn changes
New for 2024:
Lookalike audiences replaced by Predictive Audiences
Audience Expansion tool for wider reach
Enhanced Audience Insights
Quick Comparison:
Remember: Good segmentation leads to better engagement, more efficient ad spend, and improved campaign performance.
Related video from YouTube
LinkedIn audience attributes
LinkedIn's audience attributes are your secret weapon for laser-focused marketing. Here's what you need to know:
Basic attributes: Your starting point
You can't skip these:
These are must-haves for any LinkedIn campaign. They're your first step in reaching the right people.
Main attributes: The good stuff
This is where LinkedIn shines:
1. Job experience
Job title, function, seniority, years of experience, and skills. Want to target senior developers with 10+ years of experience? You can.
2. Company details
Name, size, industry, connections, and followers. Looking for decision-makers in Fortune 500 tech companies? No problem.
3. Demographics
Age and gender. Sometimes, it matters.
4. Education
Degrees, fields of study, and schools. Need MBA graduates from top business schools? Got it.
5. Interests and traits
LinkedIn groups and interests. Find people passionate about your industry.
"The targeting options can enable you to target an audience with higher levels of disposable income than other platforms."
Translation: LinkedIn users often have more money to spend.
Pro tip: Mix and match these attributes. Try pairing "Member Skills" with "Job Functions" for a killer combo.
LinkedIn says aim for at least 300 members in your audience, but 300,000 is the sweet spot for sponsored content.
Segmentation criteria in detail
LinkedIn's targeting options help you find your ideal audience. Here's a breakdown of the key criteria:
Job experience targeting
This tool lets you reach professionals based on their career:
Want to target decision-makers? Try combining job functions with seniority. For example, target IT functions at the Director level and above to reach tech leaders.
Company targeting
Find your audience based on where they work:
Target up to 200 specific companies
Choose company sizes from startups to large enterprises
Pick from LinkedIn's industry list
Reach 1st-degree connections of employees at target companies
Target followers of specific company pages
Demographic targeting
LinkedIn offers basic demographic options:
Age: 18-24, 25-34, 35-54, 55+
Gender: Male, Female
But be careful. Using demographic targeting might limit your reach more than you want.
Education targeting
Great for reaching alumni or professionals with specific educational backgrounds:
Degrees: Bachelor's, Master's, PhD, etc.
Fields of study: Business, Computer Science, Engineering, etc.
Schools: Target graduates from specific institutions
Interest and trait targeting
Connect with professionals based on what they like and do:
Member interests: Topics like AI, Digital Marketing, etc.
LinkedIn groups: Professional associations, industry groups, etc.
Traits: Frequent travelers, early tech adopters, etc.
Starting May 15, 2024, Member Groups targeting won't be available for campaigns in the EEA or Switzerland.
The secret to great LinkedIn targeting? Combine these criteria smartly. For example, to find tech-savvy marketing leaders, you could mix:
Job function: Marketing
Seniority: Director and above
Skills: Digital Marketing, Marketing Automation
Member interests: AI, Big Data
Advanced segmentation methods
LinkedIn's targeting tools let you zero in on your ideal audience. Here's how to use them:
Combining multiple criteria
Mix and match targeting options to create laser-focused segments:
This combo targets senior marketers with AI skills in mid-sized companies.
Using matched audiences
Matched Audiences use your own data for targeting:
1. Website retargeting
Add the LinkedIn Insight Tag to your site to retarget visitors. Segment based on pages viewed.
2. Contact targeting
Upload CRM email lists to reach known contacts on LinkedIn. This boosts click-through rates by 37%.
3. Account targeting
Upload a list of target companies (up to 300,000) to reach their decision-makers. This increases post-click conversion rates by 32% and cuts post-click cost per conversion by 4.7%.
Creating lookalike audiences
Heads up: LinkedIn is ditching lookalike audiences on February 29, 2024.
Instead, try Predictive Audiences. This AI tool spots likely converters based on your data:
Pick a data source (like a contact list)
Make sure you have at least 300 people in it
Let LinkedIn's AI do its thing
Audience expansion tools
LinkedIn's Audience Expansion finds users similar to your target. It's like fishing with a bigger net, but still catching the right fish.
Key points:
Works for Sponsored Updates and Text Ads
On by default in Campaign Manager
Reaches more people without changing your settings
Great for small audiences or stale campaigns
LinkedIn suggests a minimum audience of 300,000 for best results. Audience Expansion helps hit this mark while staying on target.
Best practices for LinkedIn segmentation
Here's how to get the most out of your LinkedIn campaigns:
Don't go overboard with segmentation
It's all about balance:
Sponsored Content and Text Ads: Keep your audience over 50,000
Message Ads: Aim for at least 15,000
Stick to 2-3 targeting facets to maintain reach
Test your segments
A/B testing is your friend:
1. Run similar campaigns with slight targeting tweaks
2. Let them run at the same time
3. Compare results to find what works best
For instance, try job function vs. job title targeting. See which one performs better.
Keep an eye on segment performance
Use LinkedIn's tools to track how you're doing:
Check the Demographics tab in Campaign Manager
See which segments engage most with your content
Spot and fix (or ditch) underperforming segments
Stay in the loop
LinkedIn's always changing. Keep up:
Read the LinkedIn Marketing Solutions blog
Join their webinars on ad best practices
Chat with peers in LinkedIn marketing groups
What worked before might not work now. Stay sharp.
Tools for effective segmentation
LinkedIn's built-in tools are your starting point, but third-party solutions can take your segmentation to the next level.
LinkedIn Campaign Manager
This is where you'll do most of your audience targeting:
Target by job title, company size, industry, and more
Upload contact lists or retarget website visitors
Find users similar to your best customers
Pro tip: Check out the Demographics tab to see who's actually engaging with your ads. Use this info to fine-tune your targeting.
Third-party tools
Want to dig deeper? Here are some options:
Sprout Social's AI-powered sentiment analysis is pretty cool. It helps you prioritize customer messages.
Podify.io: Audience growth on steroids
Podify.io is all about boosting your LinkedIn engagement. Here's what it does:
Creates and repurposes content
Matches you with the right audience
Builds micro-communities for deeper engagement
"Podify.io has been a game-changer for growing audiences and personal brands on LinkedIn."
Two standout features:
Audience Meter: Checks if your content hits the mark with your target audience
Content Conversion: Turns PDFs and YouTube videos into LinkedIn-ready posts
Over 200 LinkedIn experts use Podify.io. And hey, you can start for free to test it out.
Measuring segmentation results
Tracking the right metrics is crucial to see if your LinkedIn audience segmentation is working. Let's dive into the key numbers you should watch.
Key metrics to track
Here are the most important KPIs for your segmentation success:
Checking segment performance
Regular check-ups help you spot trends and fine-tune your targeting:
Look at LinkedIn Analytics often
Compare how different segments are doing
Find patterns in your best-performing content
"LinkedIn's analytics dashboard is gold for understanding what your audience loves", says Akshay Kothari, CPO at Notion.
Tweaking your strategy
Use what you learn to make your approach better:
1. Find your star segments
Which groups engage the most? Visa found that employee-shared content got 6x more engagement than company page posts.
2. Fix what's not working
If a segment's CTR is low, try mixing up your content or message.
3. Spend smart
Put more money into segments that give you better leads for less.
4. Grow what works
Create lookalike audiences based on your top-performing groups.
Future of LinkedIn audience segmentation
LinkedIn's targeting is changing big time in 2024. Here's the scoop:
New targeting tools
LinkedIn's shaking things up:
Lookalike audiences? Gone after February 29, 2024.
Predictive Audiences? New AI tool to find potential converters.
Audience Expansion? Helps you find similar folks without first-party data.
Why? Better targeting, more privacy. Simple as that.
Cool new tech
LinkedIn's rolling out some nifty tools:
1. Audience Insights
Get the lowdown on your matched audiences:
2. Beefed-up Analytics
Now you can track:
Follower growth
Who's following you (jobs, companies, locations)
Your best posts
Getting ready for the changes
Here's what to do:
Switch from Lookalike to Predictive Audiences
Use Audience Expansion to cast a wider net
Use new insights to target better
Make more videos, build your brand
Keep an eye on those metrics
"Audience Insights makes matched audience campaigns a breeze. You can manage targeting without jumping through hoops." - LinkedIn
Conclusion
LinkedIn audience segmentation boils down to five main tactics:
Job experience targeting
Company targeting
Demographic targeting
Education targeting
Interest and trait targeting
These let you zero in on the right professionals for your campaigns.
LinkedIn's targeting is changing. They're ditching Lookalike Audiences but introducing Predictive Audiences and Audience Expansion. These new AI-powered tools aim to boost targeting accuracy while protecting user privacy.
Why does good segmentation matter? It's simple:
You reach the right people
Your ads get more engagement (up to 37% more, says LinkedIn)
You spend your ad budget more efficiently
"Avoid wasted spending and low engagement rates by focusing on detailed audience targeting and regularly refining strategies based on analytics." - LinkedIn Marketing Solutions
To nail LinkedIn segmentation:
Set clear goals first
Mix and match targeting options
Test and tweak often
Keep an eye on your campaign stats
Use new tools like Audience Insights
LinkedIn's 900 million members, most of whom drive business decisions, are a goldmine. Master segmentation, and you'll tap into it effectively.
Stay on top of LinkedIn's evolving targeting features. It's key to marketing success on the platform.
FAQs
What are the two LinkedIn targeting methods?
LinkedIn gives advertisers two main ways to target users:
1. Member Groups
This targets users based on the LinkedIn groups they've joined. Say you're selling project management software. You might aim for members in groups like "Project Management Pros" or "Agile and Scrum Experts".
2. Member Interests
This uses LinkedIn's algorithm to spot user interests based on their platform activity. If someone often engages with AI content, they might see AI-related ads.
Here's a quick look at both:
Heads up: LinkedIn's changing things. From May 15, 2024, Member Groups targeting won't work for campaigns in the EEA or Switzerland. Keep an eye on LinkedIn's targeting updates.
Pro tip: Use both methods for better targeting. This way, you'll reach pros in relevant groups AND those showing interest in your field.
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