How to Build a Retargeting Strategy for LinkedIn Ads

11 min. readlast update: 08.14.2024

How to Build a Retargeting Strategy for LinkedIn Ads

 

Step 1: Confirm Your Remarketing Pixels are Installed

This is a mandatory first step, and something that needs to be done first.

These pixels are how the ad platforms are able to track users activity and provide you the ability to remarket them with various campaigns and offers. 

Even if you’re not planning to advertise soon on any channels, I HIGHLY recommend creating a free ad account and installing that platform pixel on your site to start building your remarketing pool. 

 

Remarketing audience size requirements for LinkedIn

  • LinkedIn = 300 audience members

Step 2: Create all possible retargeting segments by time frame.

Once your remarketing audience has met minimums it’s time to build your segments. 

This step will vary depending on how large your retargeting audience is. 

In a perfect world we’ll want to create retargeting segments for the following timeframes:

Timeframe

Assumption

0 - 30 days

Most likely to convert and engage since they’ve recently engaged with your brand.

31 - 90 days

Second likely to convert and engage since they’ve engaged with your brand in the past.

90 - 180 days

Least likely to convert and engage since they haven’t engaged with your brand for a while.

The advantage of creating retargeting segments by time frame is:

✅ Easily see which cohort performs best

✅ Allocate more budget to the top performing time frame

✅ Align offers and messaging accordingly 

Watch this video to better understand the thought process behind leveraging different remarketing segments by timeframes:

 
 

In addition to testing timeframes we want to combine as many relevant remarketing segments together in each cohort so we can scale up our overall audience size.

Depending on the channel you’re advertising on, the available remarketing segments will vary.

Here are my go to choices for LinkedIn. 

Top 10 LinkedIn Ads retargeting segments:

 

Segment

Timeframe

Description

1

All website visitors

30, 90, 180 days

Anyone that has visited your website.

2

All company page visitors

30, 90, 180 days

Anyone that has visited your LinkedIn company page.

3

All document interactions

30, 90, 180 days

Anyone that has interacted with your document ads.

4

All past event attendees

30, 90, 180 days

Anyone that has RSVP’d for your past LinkedIn events.

5

All lead gen form opens and submits

30, 90, 180 days

Anyone that has opened or submitted your lead forms.

6

All single-image ad interactions

30, 90, 180 days

Anyone that has interacted with your single image ads.

7

All 25-97% video viewers

30, 90, 180 days

Anyone that has watched 25-97% of your video ads.

8

All pricing, demo, trial, and case study bouncers

30 days

Anyone that has viewed your intent pages and left.

9

All meeting no-shows

30 days

Anyone that booked a meeting and didn’t attend.

10

All closed lost opportunities

90, 180 days

Any contacts from lost deals.

 
 
 

 

Step 3: Adjust targeting and exclusion parameters.

Equally important to who you’re targeting is who you exclude. 

With all your retargeting segments created it’s clear who you’re going to target. 

Now it’s time to get clear on who you’ll exclude for each cohort (e.g. 30, 90, 180 days). 

Exclusion audiences allow you to remove users who aren’t a good fit for your targeting. 

Here’s my go-to exclusions for LinkedIn. 

Top 8 LinkedIn Ads Exclusion Audiences:

 

Exclusions

Description

1

All thank you page visits

Anyone that visited your form thank you page.

2

All lead gen form submits

Anyone that has submitted your lead forms.

3

All existing customers

Any contacts of existing customers.

4

All competitors

Anyone that works at your competitors' companies.

5

All partners

Any existing partners that shouldn’t be included.

6

Poor fit titles or job functions

Anyone who works in roles you don’t support.

7

Irrelevant company sizes

Anyone that works at orgs with employee counts.

8

Lookalike of disqualified leads

Anyone similar to your disqualified leads.


 

Step 4: Align on retargeting content and offers.

Now that you’re clear on who you’ll target and exclude for each cohort. Let’s chat about what content and offers you’ll want to show them. 

First things first, don’t make the mistake of only showing offers to people in your remarketing audience. This is the equivalent of following someone all day asking them to buy something.

This is what Corporate Bro has to say about that 😂


Recommended B2B Remarketing Budget Allocation:

Avoid leaving a bad impression and potentially hurting your brand by also adding content in the mix.

50% of your remarketing budget should go towards adding value to your audience, and 50% goes towards asking them to convert on something (ex: Demo, Trial, Event, etc…)


With this budget allocation you’re rotating offers and content equally to your remarketing cohorts (e.g. 30, 90, 180 days) and letting the users decide which asset they're interested in. 

Which leads us to common remarketing mistakes you’ll want to avoid. 

4 Common Mistakes to Avoid with Retargeting:

    1. Only promoting offers ‍

Avoid a pitch fest and split your remarketing budget 50/50 between content and offers as outlined above. 

    2. Retargeting on assumption instead of action

Don’t create these crazy retargeting flows where someone must do X then Y and finally you’ll give them Z. This kills your retargeting audience size and you’re assuming that you’ll be correct 3/3 times (idk about you but I’m not great at guessing). 

Instead show them everything equally (content and offers) and then once they decide to click on an ad, watch a video etc… you can now create unique campaigns to remarket off that activity (now you’re no longer assuming they are interested). 

    3. Not using all available retargeting segments

Don’t rely on 1 segment alone like a website visitor segment. Instead combine multiple segments together with an OR statement in the same timeframe to scale up your overall retargeting audience so you have more flexibility to layer filters. 

    4. Failing to refresh creative to offset fatigue

There’s nothing worse than seeing the same ad 1,000 times. This can be easily avoided by creating a workflow to refresh your creatives on a monthly basis. 

Just changing the creatives for the same offers and content will create a new experience for users and help offset ad fatigue. 

Watch this video to learn more about how to monitor and overcome ad fatigue:

 

When we talk about remarketing content and offers equally – what exactly does that mean? 

  • White papers?
  • Webinars?
  • Tutorials?
  • Demos?
  • Trials?

The list goes on, and on…

There are 1,000s of offers and content you could potentially promote. 

To help simplify and conceptualize this, here are 4 useful remarketing buckets inspired by Canberk Beker, Global Head of Paid Media at Cognism from episode 2 of Behind the Ads.

 

Recommended Remarketing Buckets by Timeframe:

 

Asset

Timeframe

Description

1

Product Marketing

30 , 90

Content that focuses on promoting the capabilities of your product.

2

Social Proof

30 , 90

Content that promotes your product through others' words and results.

3

Thought Leadership

90, 180

Content that educates your target audience and positions you as an expert.

4

Offers

30, 90

Any other type of ad where you’re asking your target audience to convert.

B2B Retargeting Ad Examples:

Product Marketing 

(Content that focuses on promoting the capabilities of your product)

 
 

Social Proof 

(Leveraging others words and results in our ads)


Thought Leadership

(Content that educates your target audience and positions you as an expert)


Offers

(Any other type of ad where you’re asking  your target audience to convert)


Armed with your content and offers by time frame there’s one last step to do. 


 

Step 5: Build all Relevant Retargeting Campaigns.

After going through steps 1-4 you should be clear on:

  • Which channels you’re going to advertise on 
  • What retargeting segments you’ll leverage
  • Which exclusion audiences you’ll block
  • What content/offers you’ll showcase

Let’s wrap up with how these campaigns should be built. 

B2B Retargeting Campaign Structure:

Here’s what the retargeting campaign structure will look like at 10,000 feet:


Couple of important call outs:

Every campaign has its own unique timeframe and retargeting bucket.

This makes pacing, optimization, and reporting really easy. 

All retargeting segments within the same timeframe are grouped together as an OR.

This allows you to scale your retargeting audience size overall within the cohort. 

Combine segments together with OR not AND. 

Naming conventions are clear and consistent from the campaign to ad level.

This allows you to easily find your campaigns and reporting on performance. 


 

How to Build LinkedIn Retargeting Campaigns:

Make sure to disable Audience Expansion and the LinkedIn Audience Network for all LinkedIn retargeting cohort campaigns.

 


This will prevent LinkedIn from serving your ads to people not in your retargeting audiences and outside of the LinkedIn platform. 

Create the following campaigns in the LinkedIn Ads campaign manager across whichever timeframes are applicable for your account: 

Cohort #1: 30-Day LinkedIn Retargeting

Campaign Name: {Location} | {Offer} | Remarketing (30D) | {Ad Type} | {Objective}

  • EX: USA | PM Content | Remarketing (30D) | Image | Awareness
  • EX: USA | Demo | Remarketing (30D) | Video | Conversions
  • EX: USA | Social Proof | Remarketing (30D) | Carousel | Engagement

Recommended Objectives:

  • Content focus =  Brand Awareness, Engagement, Video Views
  • Conversion focus = Lead Generation or Conversion

Recommended Daily Budget: $25-$100/day

Recommended Audiences (layer titles or function if possible): 

  • All website visitors (30D)
  • All company page visitors (30D)
  • All document interactions (30D)
  • All past event attendees (30D)
  • All lead gen form opens and submits (30D)
  • All single-image ad interactions (30D)
  • All 25-97% video viewers (30D)
  • All closed lost contacts (30D)

Recommended Bid Strategies: 

  • Content focus = Maximize delivery
  • Conversion focus = Manual CPC

Ads: Product marketing content, social proof, offers (ex: Demo, Trial)


Cohort #2: 90-Day LinkedIn Retargeting

Campaign Name: {Location} | {Offer} | Remarketing (90D) | {Ad Type} | {Objective}

  • EX: USA | PM Content | Remarketing (90D) | Image | Awareness
  • EX: USA | Demo | Remarketing (90D) | Video | Conversions
  • EX: USA | Social Proof | Remarketing (90D) | Carousel | Engagement
  • EX: USA | Thought Leadership | Remarketing (90D) | Image | Awareness

Recommended Objectives:

  • Content focus =  Brand Awareness, Engagement, Video Views
  • Conversion focus = Lead Generation or Conversion

Recommended Daily Budget: $25-$100/day

Recommended Audiences (layer titles or function if possible): 

  • All website visitors (90D)
  • All company page visitors (90D)
  • All document interactions (90D)
  • All past event attendees (90D)
  • All lead gen form opens and submits (90D)
  • All single-image ad interactions (90D)
  • All 25-97% video viewers (90D)
  • All closed lost contacts (90D)

Recommended Bid Strategies: 

  • Content focus = Maximize delivery
  • Conversion focus = Manual CPC

Ads: Product marketing content, social proof, offers (ex: Demo, Trial), thought leadership


Cohort #3: 180-Day LinkedIn Retargeting

Campaign Name: {Location} | {Offer} | Remarketing (180D) | {Ad Type} | {Objective}

  • EX: USA | PM Content | Remarketing (180D) | Image | Awareness
  • EX: USA | Demo | Remarketing (180D) | Video | Conversions
  • EX: USA | Social Proof | Remarketing (180D) | Carousel | Engagement
  • EX: USA | Thought Leadership | Remarketing (180D) | Image | Awareness

Recommended Objectives:

  • Content focus = Brand Awareness, Engagement, Video Views
  • Conversion focus = Lead Generation or Conversion

Recommended Daily Budget: $25-$100/day

Recommended Audiences (layer titles or function if possible): 

  • All website visitors (180D)
  • All company page visitors (180D)
  • All document interactions (180D)
  • All past event attendees (180D)
  • All lead gen form opens and submits (180D)
  • All single-image ad interactions (180D)
  • All 25-97% video viewers (180D)
  • All closed lost contacts (180D)

Recommended Bid Strategies: 

  • Content focus = Maximize delivery
  • Conversion focus = Manual CPC

Ads: Product marketing content, social proof, offers (ex: Demo, Trial), thought leadership


Optional: 30-Day LinkedIn Offer Bouncers Campaign

If you have the audience size available creating an offer bouncer campaign that shows personalized creative to folks who visited your intent pages and didn’t convert is worth testing. 

Campaign Name: {Location} | {Offer} | {Offer Name Bouncers} (30D) | {Ad Type} | {Objective}

  • EX: USA | Demo | Demo Page Bouncers (30D) | Conversation | Lead Gen

Recommended Objectives:

  • Conversion focus = Lead Generation or Conversion

Recommended Daily Budget: $25-$100/day

Recommended Audiences (layer titles or function if possible): 

  • All pricing, demo, trial, and case study bouncers
  • All meeting no-shows

Recommended Bid Strategies: 

  • Conversion focus = Manual CPC

Ads: Offers



 

B2B Retargeting FAQ

There’s no shortage of questions around implementing successful retargeting campaigns. 

We completely understand the complexity (especially when it’s your first time building them). ‍

Here’s 5 of the most common retargeting questions we hear from clients:

How long does it take to build a retargeting audience?

  •  7-30+ days depending on monthly engagement or traffic volumes for the retargeting segment you’re trying to build (ex: website visits, video views, post engagement, etc..)  
  •  Focus on one advertising channel at a time when you have a limited budget (ex: < $3,000/month) master it and then expand to other channels over time. 

How do you calculate your starting retargeting budget?

  •  $25-$100/day is a general rule of thumb you can follow as it’s enough to support the average costs per platform and coverage for small retargeting audiences when starting out.‍

How does retargeting work?

  •  Leveraging first party and third party data ad platforms are able to track user behavior in-app and out of platform allowing you to remarket to them based on past behavior. 

How often do you need to refresh creatives for retargeting?

  •  A smaller audience size (ex: < 50,000) typically requires more frequent creative refreshes vs a larger one (ex: > 50,000) to prevent ad fatigue. At minimum you should aim to refresh ad creatives on a monthly basis to stay ahead of ad fatigue. 

‍‍


 

Launch Checklist

Here’s a checklist we put together to help you easily reference when launching your retargeting campaigns to make sure you don’t forget anything and avoid common pitfalls. 

 

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