Promoting a webinar event on a budget requires strategic planning and effective use of advertising options. On LinkedIn, a Brand Awareness Ad Campaign and an Event Conversion Campaign serve distinct purposes and employ different strategies to achieve their goals. Understanding the key differences between these two types of campaigns can help you make informed decisions on how to allocate your budget for maximum impact. In this article, we’ll break down the purposes, metrics, targeting, and content strategies of both campaign types, providing you with insights on how to promote your webinar event effectively.
Here’s a breakdown of their key differences:
Brand Awareness Ad Campaign
Purpose:
- The primary goal is to increase the visibility of your brand among your target audience.
- It focuses on making more people aware of your brand, products, or services.
Metrics:
- Impressions: The number of times your ad is shown.
- Reach: The number of unique users who see your ad.
- Engagement: Actions like likes, comments, shares, and clicks that indicate user interaction with your ad.
Targeting:
- Broad targeting to reach a large audience.
- Often used to build a presence in new markets or reinforce brand messaging in existing ones.
Content:
- High-impact visuals and messaging designed to capture attention.
- Content is typically more about storytelling, brand values, and awareness rather than direct selling.
Event Conversion Campaign
Purpose:
- The main objective is to drive registrations or attendance for a specific event (e.g., webinars, conferences, product launches).
- It focuses on converting viewers into event participants.
Metrics:
- Conversion Rate: The percentage of users who complete the desired action (e.g., registering for the event).
- Click-Through Rate (CTR): The percentage of users who click on the ad to learn more or register.
- Registrations: The number of users who sign up for the event.
Targeting:
- More precise targeting aimed at users who are likely to be interested in the event.
- Utilises LinkedIn’s targeting capabilities to reach users based on job titles, industries, company sizes, and other professional criteria.
Content:
- Clear and direct calls to action (CTAs) urging users to register or learn more about the event.
- Information-rich content detailing the event’s benefits, agenda, speakers, and logistics.
Key Differences
- Objective: Brand awareness campaigns aim to increase brand visibility and recognition, while event conversion campaigns aim to drive specific actions, namely event registrations.
- Metrics: Success in brand awareness campaigns is measured by impressions, reach, and engagement. In contrast, event conversion campaigns measure success through conversion rates, CTR, and the number of registrations.
- Targeting Strategy: Brand awareness campaigns generally use broader targeting to reach a wide audience, while event conversion campaigns use more refined targeting to reach users likely to be interested in the event.
- Content and Messaging: Brand awareness ads focus on compelling visuals and broad messaging about the brand, whereas event conversion ads focus on specific details about the event and include strong CTAs to encourage immediate action.
Understanding these differences helps in selecting the right type of campaign based on your specific marketing objectives on LinkedIn.
If your audience knows nothing about your business and you are planning to run an event, you might face a challenge in getting them to engage with your event directly. Here are some considerations to help you decide between running a brand awareness campaign or promoting your event directly:
Promoting the Event Directly
Pros:
- Immediate Goal: If your primary objective is to get people to attend the event, directly promoting the event might seem like the most straightforward approach.
- Clear Call-to-Action: Event promotions can include strong calls-to-action that urge users to register or learn more about the event, potentially leading to quicker results.
Cons:
- Lack of Trust and Familiarity: Since the audience doesn’t know your business, they might be hesitant to register for the event due to lack of familiarity and trust.
- Lower Conversion Rates: People are generally less likely to engage with an event hosted by an unknown entity, leading to potentially lower conversion rates.
Running a Brand Awareness Campaign
Pros:
- Building Trust: A brand awareness campaign can help familiarize your audience with your brand, values, and what you offer, building trust and credibility over time.
- Long-Term Engagement: By building awareness first, you lay the groundwork for better engagement in future campaigns, including event promotions.
Cons:
- Indirect Approach: This method is more about long-term brand building and might not immediately translate into event registrations.
- Time and Resources: Running a brand awareness campaign requires time and resources, and the results might not be immediate.
Recommended Approach: A Combined Strategy
Given the situation where your audience is unfamiliar with your business, a combined strategy can be effective:
Initial Brand Awareness Campaign: Start with a brief brand awareness campaign to introduce your business, highlight your expertise, and create a sense of familiarity and trust. Use engaging content that tells your brand story and showcases what makes your business unique.
Event Promotion Campaign: After establishing some level of awareness, follow up with a targeted event promotion campaign. Highlight the event’s value, benefits, speakers, agenda, and why it’s a must-attend event. Leverage the brand recognition built from the initial campaign to increase trust and interest in the event.
Tactics:
- Retargeting: Use retargeting to show your event ads to people who engaged with your brand awareness ads. This ensures that your event promotion reaches an audience already somewhat familiar with your brand.
- Engaging Content: For the brand awareness phase, use engaging and informative content such as videos, infographics, and testimonials. For the event promotion, use direct and compelling CTAs, detailed event information, and early bird incentives if possible.
- A/B Testing: Test different ad creatives and messages to see what resonates best with your audience in both phases.
This combined strategy helps you build a foundation of trust and recognition first, making your event promotion more effective and increasing the likelihood of achieving your event registration goals.
If you have a small budget and need to choose one route to get more event sign-ups, focusing directly on promoting the event would likely be more effective. Here’s why:
Direct Event Promotion
Pros:
- Immediate Focus on Conversions: Your limited budget will be used directly for the specific goal of driving event sign-ups, which can lead to more immediate results.
- Clear and Direct Messaging: Potential attendees will understand exactly what the ad is about and what action they need to take, reducing confusion and increasing the likelihood of conversions.
- Targeted Audience: You can use LinkedIn’s precise targeting options to reach professionals who are most likely to be interested in your event based on job titles, industries, and other relevant criteria.
Cons:
-Lower Trust Levels: Since the audience doesn’t know your business, there might be some hesitance to sign up.
- Higher Conversion Costs: Initial conversion rates might be lower due to the lack of familiarity, potentially increasing the cost per conversion.
Compelling Ad Creatives: Design visually appealing and informative ads that clearly communicate the value of attending the event. Highlight key benefits, speakers, topics, and any exclusive opportunities.
Strong Call-to-Action (CTA): Ensure your ads have a strong, clear, and compelling CTA that directs users to register for the event. Use phrases like "Register Now," "Save Your Spot," or "Join Us."
Landing Page Optimisation: Create a dedicated and optimized landing page for the event. The page should be easy to navigate, provide detailed information about the event, and have a straightforward registration process.
Incentives: Offer early bird discounts, free resources, or other incentives to encourage sign-ups. This can help overcome hesitance and drive more immediate conversions.
Social Proof: Include testimonials, previous event highlights, or endorsements from industry experts to build credibility and trust.
Retargeting: Use retargeting ads to reach people who visited your event landing page but didn’t register. This can help remind and encourage them to complete their registration.
By focusing directly on event promotion and employing these strategies, you can make the most of your small budget to drive event sign-ups effectively.
Health Company
Patient Success Stories
- Content: Short video testimonials from patients who have benefited from your services or products.
- Message: “Discover how [Brand Name] has transformed the lives of our patients. Watch their stories and learn how we can help you too.”
Innovative Treatments and Technologies
- Content: Infographics or short videos explaining the innovative treatments or technologies your company offers.
- Message: “At [Brand Name], we’re pioneering new treatments for [specific condition]. See how our cutting-edge technology is making a difference.”
Health Tips and Advice
- Content: Share valuable health tips, preventive measures, or wellness advice relevant to your audience.
- Message: “Stay healthy with [Brand Name]. Follow us for expert tips and advice on living a healthier life.”
Behind-the-Scenes
- Content: Videos or photos showcasing your team of healthcare professionals, your facility, or the process behind your treatments.
- Message: “Meet the dedicated team behind [Brand Name]. We’re committed to providing the best care with compassion and expertise.”
Tech Company
Product Demos and Tutorials
- Content: Short, engaging videos demonstrating how your product works and its key features.
- Message: “Experience the future of [specific technology] with [Brand Name]. Watch our demo to see how our product can revolutionise your workflow.”
Customer Success Stories
- Content: Case studies or video testimonials from satisfied customers who have successfully used your tech solutions.
- Message: “See how [Brand Name] has helped businesses like yours achieve their goals. Hear directly from our happy customers.”
Innovation and R&D Highlights
- Content: Infographics or behind-the-scenes videos showcasing your R&D efforts and innovations.
- Message: “At [Brand Name], innovation is at our core. Discover the cutting-edge research and development that powers our tech solutions.”
Industry Insights and Thought Leadership
- Content: Articles, whitepapers, or videos featuring your company’s insights on industry trends and future developments.
- Message: “Stay ahead of the curve with insights from [Brand Name]. Explore our latest whitepaper on the future of [specific industry].”
General Tips for Both Industries
- High-Quality Visuals: Use professional, high-quality images and videos to capture attention and convey credibility.
- Engaging Stories: Focus on storytelling to make an emotional connection with your audience.
- Consistent Branding: Ensure all content is aligned with your brand’s visual identity and tone of voice.
- Clear Messaging: Keep your messages clear, concise, and focused on what makes your brand unique and valuable.
Example Ad for a Health Company
Visual: A heartwarming video of a patient sharing their recovery journey.
Text: "At [Brand Name], we believe in second chances. Hear Jane’s inspiring story of recovery and hope. #Health #Wellness #PatientCare"
Call-to-Action: "Learn More"
Example Ad for a Tech Company
Visual: A sleek, animated demo of a new software feature.
Text: "Transform your business operations with [Brand Name]'s innovative solutions. See our latest feature in action and discover how it can benefit you. #TechInnovation #BusinessSolutions"
Call-to-Action: "Watch Demo"
By using these types of content and strategies, you can effectively build brand awareness for your health or tech company on LinkedIn.
The average cost per click (CPC) for a LinkedIn ad can vary based on factors such as the industry, target audience, and ad format. Generally, LinkedIn ads tend to be more expensive than other social media platforms due to the professional and highly targeted nature of the audience. On average, you can expect the CPC for LinkedIn ads to range from $5 to $10.
However, it's important to note that these costs can fluctuate. Here are some factors that influence CPC:
To get the most accurate and current data, it's beneficial to monitor your campaigns regularly and adjust your targeting and bidding strategies accordingly.
By implementing these strategies, you can effectively market your event on LinkedIn and ensure it reaches the right audience. Remember to continuously engage with your network, create compelling content, and optimise your campaigns based on performance data. With a well-executed LinkedIn marketing strategy, you'll maximise your event's visibility, drive attendance, and achieve your objectives. Stay proactive, adapt to feedback, and watch your event succeed in the professional arena.
2024 All Rights Reserved | NAB Marketing Ltd | Isle of Wight | Company number 14166410