Janhavi Nagarhalli

Content Marketer

Factors.ai

Hello to whoever is reading this. I'm Janhavi, a lawyer who went through a series of unfortunate events and realised that law isn’t for her. I stumbled on marketing by accident (as most of us do, I presume) and fell in love with it. From writing a simple 800-word blog post for a coaching center to creating content for SaaS companies around the world, my professional trajectory has been nothing short of a rollercoaster!

But that's about work. Aside from writing long-form articles, I like to travel, bake, read, and watch psychological thrillers. I spend my free time incessantly finding new things to learn about, be it philosophy, politics or new countries I can travel to for cheap.

To quote Walt Whitman, "I am large; I contain multitudes". If you’re curious to find out more or just want to yap about life, feel free to connect with me on LinkedIn and catch up!

Types of LinkedIn Ads: What’s the best ad format for you?

September 16, 2024

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0 min read

It’s no secret that LinkedIn ads work. You know it, I know it, every B2B marketer knows it. But most marketers have one burning question: “What’s the best ad format to promote our product?”

While some favor videos, others believe a simple text ad might do the trick. However, the answer is a little more complicated than that 👀

Scroll ahead to learn about the various types of LinkedIn ads and how you can use them in each stage of the marketing process ⬇️

Types of LinkedIn ads

Before you set your mind to using a particular ad type, let’s have a look at the different ad formats currently available on LinkedIn:

1. LinkedIn Single Image Ads

As the name suggests, the LinkedIn single-image ad is just the basic type of ad you see in your LinkedIn feed. It has one image, a couple of lines of text above it, and a CTA.

Usually, the best type of single-image ad depends on the funnel stage you’re targeting. You can use it to build awareness about your product or leverage it for your retargeting efforts.

For single-image ads in the retargeting layer, you can use examples of case studies to build authority and differentiate your product from the market.

2. LinkedIn Carousel Ads

Have you ever flipped through a little catalog that shows different products? That’s precisely what a carousel ad looks like. The LinkedIn carousel ad has multiple images that you can scroll through. Each slide has its headline and button that could direct you to something else.

LinkedIn carousel ads are great for horizontal SaaS brands where you have a bunch of different offerings.

3. LinkedIn Video Ads

LinkedIn video ads are a compelling way to reach a target audience. We particularly like this ad type because it gives you more information than whether someone clicked or didn’t click your ad. By showing how much of the video someone viewed, you can see how interested or engaged the users were with the ad and retarget based on that.

LinkedIn video ads provide a great chance to humanize the brand. When you use video ads in the retargeting layer, you can show your team and what you do to users who visit your website to get to know and remember you better.

4. LinkedIn Event Ads

LinkedIn Event Ads are designed to promote events on users’ feeds. These ads focus on essential event details, such as the webinar title, company name, and event time.

Here are some compelling reasons to consider this ad type:

Increased Social Proof: The more attendees an event has, the more attractive it becomes. LinkedIn Event Ads dynamically update the number of attendees, creating a sense of urgency and encouraging more people to join.
Organic Reach and Engagement: Event ads can also boost organic promotion. When users sign up for your event, personal notifications are generated within their network, expanding your reach.
Invitations to Personal Connections: Unlike other LinkedIn ads, you can invite your connections to attend your event, creating a more personalized approach.
Retargeting Opportunities: Those who attend your event become a valuable retargeting audience, enhancing your marketing efforts.

LinkedIn events and event ads combine paid advertising with community building, making them an effective engagement and lead-generation strategy.

5. LinkedIn Document Ads

LinkedIn Document Ads are designed to share your content directly within the LinkedIn feed. These ads allow users to access and download documents without leaving the platform. Whether you’re sharing thought leadership pieces, valuable resources, or informative content, Document Ads can help you engage your target audience effectively.

Here are the key advantages of using LinkedIn Document Ads:

Boosting Awareness and Building Trust: Share educational content and establish yourself as a thought leader within your industry, building trust and connections with your audience.
Quality Lead Generation: Using LinkedIn Lead Gen Forms, you can turn curious clicks into high-quality leads, facilitating meaningful interactions.
Understanding Audience Interests: Gain insights into document engagement to refine your marketing strategy at every stage of the funnel.

6. LinkedIn Thought Leader Ads

LinkedIn Thought Leader Ads enable you to sponsor personal posts from your LinkedIn ad account and target them to your Ideal Customer Profile (ICP). These ads allow for specific audience targeting, budget allocation, performance monitoring, and user interaction retargeting.

What sets Thought Leader Ads apart is their authenticity. They resemble regular personal posts rather than traditional ads, which helps convey your message more effectively.

Here’s why Thought Leader Ads are a compelling choice:

Authentic Appearance: Thought Leader Ads avoid the typical corporate or sales-oriented feel associated with traditional ads, making them more appealing and engaging.
Humanizing Your Brand: These ads humanize your brand by presenting information from real people within your organization, fostering a deeper connection between your audience and the individuals behind the brand.
Positioning yourself as an Expert: Thought Leader Ads showcase your organization's subject matter expertise, building trust and credibility among potential clients.

7. LinkedIn Message Ads

LinkedIn message ads are almost identical to conversation ads. The only difference between them is that a conversation ad has multiple choice buttons that you can have at the bottom, while a message ad is just a straight message.

8. LinkedIn Conversation Ads

Conversation ads involve sending a message to the person’s inbox that looks like it’s coming from a personal LinkedIn account. They show up as a sponsored InMail, which contains multiple-choice options for the prospect to choose from, with each option either sending them to a URL or delivering a reply.

So it could be like, “Hey, First Name. I noticed you were checking out our website…did you have any questions?” and then it could have three options, like “Take another look”, “watch a quick demo,” and “book a call.” Each button could either go to answer or send them to a website, a call booking link, or something like that.

LinkedIn conversation ads need to be hyper-targeted because you’re charged per send. You should get super narrow on a specific industry, company size, and even who within those companies you’re targeting so that your message could be super personalized, like “Hey Jeff, I notice you’re the CMO of a software company here in Texas...”.

If you want to use these in the cold layer, we recommend leveraging intent data. If you could get a conference list of everyone who attended a relevant conference, and you send out a cold email and say, “Hey, I noticed that you were at Inbound 2024. I’d love to get your thoughts on …”.

You can also use conversation ads in the retargeting phase. After they visit your website, you hit them with a conversation ad, but it’s specific to an industry. For example, our retargeting message would sound like, “Hey, I noticed that you were checking out our website and that you run a marketing agency. I wasn’t sure if you saw this, but we offer white-label solutions. We’d be happy to talk more about x, y, and z.”

While it’s a great way to get your prospect’s attention directly, it can be costly. Because you pay per send, you can’t send a million of them, so you need to be much more targeted.

9. LinkedIn Lead Gen Forms

LinkedIn Lead Gen Forms serve as both ad types and objectives, specifically designed for lead capture. These forms can feature videos or images and include a prominent call-to-action button. Unlike traditional ads that direct users to external landing pages, Lead Gen Forms provide a seamless experience within the LinkedIn platform.

The primary goal of LinkedIn Lead Gen Forms is to encourage prospects to provide their contact information in exchange for valuable gated assets. These assets can include ebooks, checklists, industry trend reports, and case studies. Once users submit the form, they become a lead, initiating the lead nurturing process.

10. LinkedIn Spotlight Ads

This type of ad is relatively inexpensive. You can get 10x more impressions with the same spend as the in-feed ones, and I think it’s because they’re just underused.

Some ways to use spotlight ads were using those for webinar sign-ups or even advertising a video like, “Hey, want to learn how to do X, Y, or Z?” watch this quick video, and click send them to a YouTube link or a prerecorded webinar or a landing page.

The call to action button is customizable. Instead of “learn more” or “click here,” it can be “watch this three-minute video,” “subscribe to our channel,” or anything else you want.

11. LinkedIn Follower Ads

A LinkedIn follower ad encourages users to follow or visit your LinkedIn page. This is a little ad to the right of the home feed with a few lines you can customize. It’s a short text (like one sentence at the top) and pulls in the prospect's profile picture.

Each person viewing the ad sees a customized version. For example, if I’m viewing the ad, it might have my profile picture and say, “Hey, Janhavi,” followed by a quick message.

Unlike the LinkedIn spotlight ads, which are customizable regarding what you want the call-to-action button to say and where you want the CTA to take them (you could put any URL you want as the destination), LinkedIn follower ads provide a couple of default CTA options.

If the prospect is following you, the CTA will say, “Visit company,” if they’re not, the CTA button will be “Follow.”

12. LinkedIn Text Ads

LinkedIn text ads are simple ads that can be placed at the top or right of the feed. They will not get a ton of clicks just because they go unnoticed, but they do a good job of peppering someone’s feed and staying in front of prospects for a really low cost.

Depending on your goals and the funnel stage, you can strategically use different destinations for the prospect. For example, we funnel our ads to the AdPilot landing page so our prospects know our newest offering.

Compare your ads with LinkedIn AdVisor

Once you’ve launched your campaign, it’s natural to wonder how your ads stack up to your competitors. Well, with AdVisor, you no longer have to wonder!

At Factors, we’ve launched LinkedIn AdVisor as your ad campaign sidekick. It’s a tool that helps you compare your ad strategy with your competitors'.

From creatives, copy, and ad formats, AdVisor analyses their top 50 ad campaigns and tells you how to differentiate your offering from your competitors.

Wrapping up

As you can see, there are plenty of ad formats to choose from. However, you must also ensure that your ads bring revenue to your organization and not just burn a hole in your pocket. With AdPilot, you can maximize your LinkedIn efforts and 2x your campaign ROI.

Book a demo today to save ad spend with AdPilot🧑‍✈️

What to look for before investing in a LinkedIn ad agency

Before diving into the list, it's crucial to understand what makes a LinkedIn ad agency stand out. Here are some key factors to consider:

1. Proven Expertise in LinkedIn Ads

Look for agencies that specialize in LinkedIn advertising rather than offering it as part of a broader suite of services. Search for certifications, case studies, and client testimonials demonstrating their expertise.

2. Industry Experience

Different industries require different approaches on LinkedIn. Agencies with experience in your specific sector will better understand your target audience, messaging, and campaign strategies.

3. Customizable Service Offerings

A good LinkedIn ad agency should offer tailored solutions rather than one-size-fits-all packages. Flexibility is key when you need full campaign management or specific services like creative design or A/B testing.

4. Transparent Reporting

Transparency is essential in digital marketing. Ensure the agency provides detailed, easy-to-understand reports that track key metrics like CTR, conversion rates, and ROI.

5. Innovative Approach

LinkedIn’s advertising landscape is constantly evolving. Agencies that stay ahead of the curve by adopting new features, ad formats, and strategies will give your campaigns a competitive edge.

6. Client Communication

Effective communication is crucial for a successful partnership. The agency should be responsive, easy to reach, and proactive in providing updates and recommendations.

Want to run ads in-house? AdPilot to the rescue

Choosing the right LinkedIn ad agency can significantly impact your marketing success. Whether you’re looking for a data-driven approach, creative excellence, or specialized industry expertise, the agencies listed above offer some of the best LinkedIn advertising services in Europe. Take the time to assess your specific needs, review each agency’s strengths, and select the partner that aligns best with your business goals.

However, if you want to take things in-house, look no further than Factors LinkedIn AdPilot! From intent based impression control to automated campaign management, AdPilot can help you save ad spend while doubling your LinkedIn ROI! Book a demo today to see how AdPilot can be a game-changer for your LinkedIn campaigns.