42 Agency

B2B Paid Media Benchmarks

Real performance data from 87 B2B clients across 14 industries. No surveys. No self-reported data. Just actual campaign metrics from $5M+ in managed ad spend.

87
B2B Clients
14
Industries
$5M+
Ad Spend Analyzed
4 yrs
Data Range

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Get LinkedIn & Google Ads benchmarks, CPL data across 14 industries, InMail performance tactics, and channel-specific insights.

No spam. Real data from 87 B2B campaigns.

LinkedIn Ads Benchmarks

Average CTR
0.65%
Range: 0.16% - 0.94%
Average CPM
$60
Range: $22 - $92
Average CPC
$10.11
Range: $7.91 - $13.71
Average CPL
$276
Range: $207 - $345
MetricPoorAverageGoodExcellent
CTR< 0.30%0.30% - 0.60%0.60% - 0.90%> 0.90%
CPM> $100$70 - $100$45 - $70< $45
CPC> $15$10 - $15$6 - $10< $6
CPL (Lead Gen)> $400$250 - $400$150 - $250< $150
Form Completion Rate< 10%10% - 15%15% - 25%> 25%

Google Ads Benchmarks (B2B Search)

Average CTR
1.30%
Range: 1.04% - 1.70%
Average CPC
$6.29
Range: $2.88 - $8.38
Conversion Rate
0.31%
Range: 0.05% - 0.70%
Cost/Conversion
$606
Range: $332 - $1,075
MetricPoorAverageGoodExcellent
CTR (Search)< 0.80%0.80% - 1.20%1.20% - 2.00%> 2.00%
CPC (Search)> $12$7 - $12$3 - $7< $3
Conversion Rate< 0.15%0.15% - 0.40%0.40% - 1.00%> 1.00%
Cost/Conversion> $800$500 - $800$250 - $500< $250
Search Impression Share< 30%30% - 50%50% - 70%> 70%

LinkedIn CPL by Industry

Cost per Lead across 14 industries. Data segmented by content type and campaign objective.

IndustryContent CPLDirect Lead Gen CPLKey Insight
Legal Tech$97 - $110$300 - $350Role-specific playbooks win
Privacy / Security$130 - $180$280 - $400Regulatory content (EU AI Act)
Construction Tech$150 - $250$400 - $700Owner/GM targeting
EdTech / HR Tech$150 - $300$250 - $500HR decision makers
MarTech / SalesTech$200 - $350$300 - $600Marketing personas
Logistics / Supply Chain$200 - $400$300 - $600Operations targeting
UCaaS / Telecom$200 - $350$300 - $500IT decision makers
Life Sciences$300 - $500$400 - $800Pharma/biotech targets
DevOps / Engineering$400 - $600$1,500 - $2,500InMail w/ incentive: $400-500
Digital Workplace$350 - $550$500 - $800Enterprise targets
Healthcare Tech$400 - $600$800 - $1,000InMail w/ GC: $400-600
FinTech / Payments$200 - $400$1,500 - $1,800Enterprise (50+ emp) premium
Key Insight: Content CPL is 2-4x lower than direct lead gen across every industry. Role-specific content and regulatory content consistently outperform generic guides. For high-CPL industries (DevOps, Healthcare, FinTech), InMail with gift card incentives can reduce CPL by 60-70%.

LinkedIn InMail Benchmarks

InMail performance varies dramatically based on incentive offers. Gift card incentives ($50-$100 value) can double open rates and reduce CPL by 60%+.

Open Rate (No Incentive)
30-36%
Industry average
Open Rate (With GC)
40-50%
+33% improvement
CPL (No Incentive)
$1,500+
Range: $1,000-$2,000
CPL (With GC)
$400-$500
-70% reduction
Incentive TypeOpen RateCPL RangeBest For
Amazon Gift Card ($100-$105)46%$265 - $422DevOps, Enterprise
Spa & Wellness Gift Card40-45%$400 - $600Healthcare, HR
No Incentive30-36%$1,500 - $1,800Strong brand awareness only

Google Search CPL by Industry

IndustryCost/LeadCost/SQLKey Insight
Construction Tech$150 - $300$400 - $700Industry-specific terms
UCaaS / Telecom$200 - $400$500 - $900Service terms
Consumer / B2B$50 - $60E-commerce (499% ROAS)
Legal Tech$900 - $1,500High-intent branded
Healthcare Tech$800 - $1,100$1,400 - $2,300Competitive space
Digital Workplace$1,000 - $1,500$2,500 - $3,000Exact match 2x better
Logistics$1,500 - $3,000CAD pricing
Match Type Impact: Exact match keywords deliver 2-2.5x better efficiency than phrase match. Construction and UCaaS see the lowest CPLs due to less competition. Enterprise software (Digital Workplace, Healthcare) face $1,000+ CPLs.

E-commerce / ROAS Benchmarks

For B2B e-commerce and hybrid consumer/B2B clients, ROAS is the primary metric.

Google Search ROAS
500-550%
Outperforms PMax
PMax ROAS
400-450%
Volume at lower efficiency
Cost/Conv (Search)
$54
E-commerce transactions
Meta CPL (B2B)
$50-$100
Commercial leads

Methodology

These benchmarks are derived from actual campaign data across 87 B2B clients managed by 42 Agency from 2022-2026. Unlike industry surveys, this data comes directly from campaign performance reports, monthly insights, and platform APIs.

  • 87 B2B clients across 14 industries
  • $5M+ in managed ad spend analyzed
  • Data from LinkedIn, Google, Meta, HubSpot
  • North American targeting (US, Canada)
  • B2B SaaS, Healthcare, FinTech, Legal, + 10 more
  • Updated monthly from campaign reports

From the team behind the data

These benchmarks come from running paid media for 87 B2B SaaS companies. If you'd rather have a team own the number than just read it, here's how we work.

SaaS Marketing Agency The full revenue system SaaS Demand Generation Pipeline, not vanity metrics Marketing Operations Make your funnel honest

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