Since its launch in 2003, LinkedIn has become an invaluable resource for those on the job hunt, from recent graduates to professionals of any age. However, if you think that this social media platform is nothing more than a job board, you’re missing out on the largest professional network on the Internet (a pretty big space to dominate, if you ask us). With 187 million members around the world, including executives from all 2012 Fortune 500 companies, and 2.6 million companies with Company Pages, LinkedIn is no longer riding on the social media bandwagon. It’s driving the car. Read on to find out how your company can capitalize on its momentum.
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LinkedIn has introduced video ads on their social media advertising platform to target to its 175 million members. The new video ads will appear in the standard 300×250 ad units across the LinkedIn site and will compete with traditional text and image ads for impressions.
The targeted video ads take over the entire ad space when clicked and allow LinkedIn users to click directly through to an advertiser’s site once the video has completed playing. In addition, advertisers can target professionals by job title or function, industry, geography, company size or name as well as other targeting options for these video ads.
Advertisers can create video ads on LinkedIn by using existing YouTube videos. When creating a new video ad, advertisers can enter the YouTube video URL during the ad creation process.
These video ads are available on pay-per-view and pay-per-click models and can be created without having a set media buy. Advertisers can set daily budgets for a campaign as low as ten dollars per day with a minimum cost-per-click of two dollars.
The network says that video ads have a three time higher click through rate than regular ads on the network. The average click through rate on LinkedIn is approximately 0.20%.
Below is a screen shot of how to create a video ad on LinkedIn.
Within the last two weeks LinkedIn has introduced multiple changes to make connecting with other sociable professionals easier. Here are the top three we think you should know about.
You can now endorse your LinkedIn connections for a skill that they have listed on their profile or better yet, you can recommend them to add a skill that they haven’t listed. There are two ways to endorse your connections:
1. By going to the new Skills & Expertise (beta) page from the “More” drop down menu on the LinkedIn home page.
2. By clicking the yellow “Endorse” button in the blue box on the profile page of your connection as you can see in the screenshot below.
LinkedIn will notify you by email if you get endorsed. You can also scroll to the bottom of your profile page to see the people who’ve endorsed your skills.
As you might know, if you aren’t a colleague, old classmate, friend, in a group with or done business with someone on LinkedIn you cannot connect with them. Now, LinkedIn has made it possible to follow other professionals. Currently, you can only follow what LinkedIn considers 150 of the most influential leaders. Some of those as you can see in the screen shot below include Presidential candidate Mitt Romney and Sir Richard Branson.
Once you follow any of these thought leaders, you will be able to like, comment and share their posts. Fortunately, LinkedIn plans to expand their list of influencers within the next few months to individuals who they consider to be industry specific movers and shakers. Want to get on that list? LinkedIn is also offering you the opportunity to submit a request to become an influencer by going to http://partner.linkedin.com/influencer/.
New Company Pages
LinkedIn started testing new company pages a few weeks ago a select few companies. Recently they rolled out the new company pages to more than 2 million companies. The changes on the new company pages are mostly aesthetic. It now includes room for a larger cover image, easily visible content and they are now viewable on mobile devices. You can see what the new company pages look like in the screenshot below.