Franchise News

AdWeek: LinkedIn Launches Programmatic Advertising for Display Ads
This new service is part of a three-year overhaul of the company’s ad business in order to simplify and extend advertising on its platform.

Franchise News

This new service is part of a three-year overhaul of the company’s ad business in order to simplify and extend advertising on its platform.

LinkedIn is beginning to offer advertisers the option to buy display ads programmatically for desktop devices.
Marketers will be able to buy display ads through an open auction or through LinkedIn's Private Auctions, using first- or third-party data along with LinkedIn's targeting of audience segments—such as visitors of the LinkedIn home page—on the professional network.
Testing began in the third quarter last year with tech advertisers for both software and hardware, as well as other industries such as telecoms and financial services.
According to Russell Glass, LinkedIn's head of products, the service is part of a two- to three-year overhaul of the company's ads business in order to simplify and extend advertising on the platform. He said the scale of LinkedIn's professional network across the Internet, combined with a logged-in audience is attractive to business-to-business marketers.
"We don't want to reinvent the wheel," he said in an interview. "We want to build table stakes capabilities into our platform in a way that highlights our differences, but is kind of what marketers have come to expect."
For example, the LinkedIn Account Targeting product launched in March, which allows marketers running native ads to target user profiles based on which companies they're trying to reach.
According to the company's first-quarter 2015 earnings announcement in late April, advertising through LinkedIn Marketing Solutions grew 29 percent year over year to $154 million. Sponsored content now accounts for 56 percent of that total revenue.
Click here to read the original article.Sign up for the 1851 Franchise newsletter to get our biggest stories before everyone else
By signing up, you agree to our user agreement (including class action waiver and arbitration provisions), and acknowledge our privacy policy.

About the Author
Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.