Cost per click (CPC)
About $5 to $12 for Sponsored Content in most B2B niches; audiences built around executives at large companies often cost $15 or more per click.
Most US advertisers see LinkedIn advertising costs of $5 to $12 per click or $30 to $60 per thousand impressions. A test worth running usually needs $3,000 to $5,000 a month in ad spend, and that's before anyone gets paid to run it. Here's how the numbers break down and where the money actually goes.
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Key takeaways
Before you read on
Why it matters
LinkedIn sells its ad space in an auction. You set a bid, other advertisers set theirs, and the price you pay depends on how many of them want the same people you do. On a consumer network that crowd is spread across millions of broad interests. On LinkedIn it's packed into job titles, seniority levels, company sizes and departments, and that's exactly why clicks cost more.
What you're really buying isn't an impression. It's a seat in front of a small group of people who sign off on purchases. That math only works when one new customer is worth thousands of dollars to you. A software vendor, a consulting firm or an equipment supplier can live with a $10 click. A shop selling $30 products to consumers usually can't, and it'll get more for its money elsewhere.
Good to know
About $5 to $12 for Sponsored Content in most B2B niches; audiences built around executives at large companies often cost $15 or more per click.
Roughly $30 to $60, depending on the ad format, the audience and how much competition you run into that week.
Usually $0.25 to $0.75 for each Sponsored Message delivered to an inbox, charged even when the recipient never opens it.
LinkedIn asks for at least $10 a day per campaign and $100 for a lifetime budget, but a meaningful test takes $3,000 to $5,000 a month.
What to know
For a small or midsize B2B company, a monthly LinkedIn program usually lands somewhere between $4,000 and $15,000. That figure has two parts: the budget you hand to LinkedIn and the fee for whoever builds and runs the campaigns. Here's how the typical tiers look on the US market:
Flat retainers of $650 to $3,000 a month are common, and plenty of agencies charge 10 to 20 percent of ad spend instead. Creative and a landing page cost extra if you don't already have them; a dedicated landing page built for one campaign is a line item of its own.
The cleanest way to judge the spend is cost per lead. Qualified leads from LinkedIn lead generation advertising often run $75 to $200, and very narrow audiences can reach $300 or more. If one closed deal is worth $20,000 to you, a $9,000 month that brings in 50 leads pays for itself with a single win. When you'd rather not build the account yourself, a LinkedIn Ads specialist can map out the budget before a dollar goes into the auction. For the strategy side of B2B targeting, see our page on LinkedIn B2B advertising.
One caveat: LinkedIn doesn't publish a rate card. The auction sets your price based on the audience, your bid strategy, the campaign objective and how relevant your ad is. Treat every figure above as a market range, not a quote.
What to know
Audience size matters more than anything else. Target CFOs at manufacturers with over 500 employees and you're competing with every other vendor who wants those same few thousand people, so your bids climb. Industries that crowd the platform, such as software, IT services, consulting and financial services, pay more than quieter industrial niches.
Format comes next. Single-image Sponsored Content in the feed tends to be the cheapest place to start, while video, conversation ads and message ads cost more per result. Which one pays off depends on what you want people to do. The third lever is relevance. LinkedIn scores how people react to your ad, and ads that earn clicks, comments and shares get cheaper delivery than ads people scroll past. Sharp creative written for one specific buyer is the most reliable way to bring your real click price down.
In short
$10
daily minimum per campaign
$5 to $12
typical cost per click for Sponsored Content
$3,000 to $5,000
monthly spend for a useful first test
0.4 to 1%
common click-through rate for feed ads
Step by step
Step 1
Leads, website visits and brand awareness each call for different formats, so decide which one this budget is for before you touch Campaign Manager.
Step 2
Check the forecasted audience in Campaign Manager. Too small and you'll overpay; too broad and you'll waste impressions on people who never buy.
Step 3
Set aside $3,000 to $5,000 for month one so the delivery system collects enough data to learn from.
Step 4
Bid per click when you want traffic, per thousand impressions when reach matters, and use message ads when you need a direct line to one person.
Step 5
Pause the audiences and ads with the highest cost per lead and move that money to the ones that convert.
Checklist
Media spend is only part of the total. These costs are easy to miss when you first sketch a budget:
Checklist
The details
Below about $1,000 a month, LinkedIn rarely gathers enough data to optimize well, and your cost per lead can look painful. If that's all you have, put it behind one tightly defined audience rather than spreading it thin across broad reach. A few hundred of the right people beat tens of thousands of the wrong ones.
B2B companies that do well here usually treat the first two or three months as a search. The goal at that stage isn't volume; it's finding the mix of audience, format and message that produces the lowest cost per conversion. Once that mix is clear, they put more money behind it. A sound LinkedIn advertising strategy scales winners, not guesses.
Before you start
Managing LinkedIn spend well means adjusting bids, testing audiences and reading reports every week, which adds up to several hours you may not have. Order a free marketing analysis and you'll get a PDF within 24 hours. A senior project manager with 15+ years in marketing then matches you with a vetted specialist who has run B2B campaigns in your field, and stays your single contact for bids, reporting and next steps. See how it works or tell us about your company.
FAQ
Short answers. The free analysis call covers anything specific to your company.
LinkedIn requires at least $10 a day per campaign and $100 for a campaign with a lifetime budget. At that level, though, you won't get results you can trust. Most B2B advertisers need $3,000 to $5,000 a month before the numbers mean anything.
For a small or midsize B2B company, expect roughly $4,000 to $15,000 a month in total. That covers ad spend, from about $3,000 for a test to $12,000 for a lead gen push, plus management, typically $650 to $2,000, and sometimes a one-time onboarding fee.
Flat retainers on the US market commonly run $650 to $3,000 a month, depending on budget and how many audiences are in play. Other agencies charge 10 to 20 percent of ad spend. Many also bill a one-time onboarding fee of about one month of management.
Yes, usually by a wide margin. A LinkedIn click often costs several times what a Facebook click does, because you pay for access to a precise professional audience rather than broad consumer reach. For high-value B2B sales, that premium often makes sense.
Paying per thousand impressions gives the lowest unit cost when you want broad reach. Paying per click tends to be the better deal when you care about visits and conversions rather than views, since you only pay when someone actually acts.
The size and precision of your audience, how competitive your industry is on the platform, the ad format you pick, and how relevant LinkedIn judges your ad to be based on engagement.
Message ads are billed per send, typically $0.25 to $0.75 for each message delivered. You pay whether or not the recipient opens it, so a tight audience and a strong subject line matter a lot.
Yes. Ads that people click and engage with earn better relevance, and LinkedIn rewards that with cheaper delivery than weak ads aimed at the same audience. Sharper creative, tighter targeting and regular pruning of poor performers all bring the real cost down.
If nobody on your team has time to tune bids and audiences every week, an experienced specialist usually cuts cost per lead faster than trial and error. Order a free analysis and a senior project manager will match you with someone who knows B2B campaigns in your industry.
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