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Top 8 Bing Ads Agencies for Your B2B SaaS Business (2025)
June 30, 2024
For B2B businesses, one overlooked marketing strategy that can get excellent results is performance marketing.
Whether the goal is to generate leads, increase conversions, boost sales, or raise brand awareness, every action taken directly contributes to achieving specific business goals and long-term growth.
What sets B2B performance marketing apart is that it is hyper-focused on achieving specific objectives - increasing sales, leads, or clicks.
However, one of the major challenges businesses face in executing this strategy is the long and intricate nature of B2B sales cycles, which can take weeks, months, or even years. This extended timeframe makes it difficult to track conversions, sustain engagement, and justify marketing expenditures.
This article aims to simplify your efforts by explaining how to develop a compelling B2B performance marketing strategy. It will also cover how to tailor campaigns for different stages of the customer journey across various marketing channels and key metrics to measure its success.
B2B performance marketing is a subset of digital marketing where paid marketing campaigns are carried out to achieve very specific objectives and business outcomes.
Unlike conventional marketing programs that involve brand awareness campaigns, outdoor advertising, events, etc., performance marketing programs make use of digital campaigns - where campaign performances are easy to track, attribute to, and scalable in a data-backed manner.
Moreover, performance marketing allows B2B businesses to scale channels and marketing campaigns that achieve the desired result for the brand.
Performance marketers focus on bringing results for the business by making the customer take actions, such as signups and demo booking - meticulously tracking data that led to these actions and scaling such campaigns.
Here’s an example of B2B performance marketing:
MoEngage, a customer engagement platform, partnered with TripleDart to optimize paid campaigns across multiple regions. MoEngage wanted to run marketing campaigns targeting customer-obsessed marketers and product teams in the US, UK, EU, and SEA.
If MoEngage had decided to pursue traditional marketing programs, they would have spent several hundreds of thousands of dollars on conducting or participating in events and running expensive outdoor campaigns.
In addition to costs, these programs are difficult to scale as these programs are difficult to measure. Consequently, they would have been left guessing based on gut feeling, which campaigns to scale. Instead, they chose to take the performance marketing route and partnered with TripleDart.
To begin with, TripleDart conducted a thorough audit of their paid media channels. We restructured campaigns, improved ad copies, and implemented performance-maximizing strategies like competitor targeting and seasonality-based adjustments.
Through advanced attribution and doubling down on the ad campaigns, keyword groups, audience groups, and channels that performed the best, MoEngage achieved a 56% pipeline increase, doubled leads in the EU, and reduced CPC by 28%.
This data-driven approach exemplifies how tailored performance marketing strategies can transform underperforming campaigns into high-impact growth engines.
How can companies use it for market penetration?
For companies that wish to break into new markets, performance marketing can make this task easy. Here is how it can be used-
Performance marketing for B2B businesses offers numerous advantages. Some of the significant ones include:
Advantages of performance marketing for B2B businesses
Using performance marketing campaigns allows you to create highly specific ads targeting decision-makers in their ideal customer profile. Moreover, you can launch Google or Meta ads campaigns focusing on high-intent keywords, which brings down the cost tremendously by letting you pay for the number of times an ad was clicked.
With trackable performance metrics, it becomes easy to measure the effectiveness of your B2B digital marketing campaigns. You can modify campaigns and try different strategies until you find the winning formula.
Furthermore, the highlighting part is that every aspect of performance marketing is trackable, from ads to impressions to final conversions. This enables marketers to gauge what is working and how they can modify it to make it more effective.
It allows you to target prospects with high buying intent, helping you get more qualified leads and conversions without breaking the bank.
Imagine this: You're a SaaS company providing project management tools. With B2B performance marketing campaigns, you can target businesses actively searching for productivity solutions, ensuring your ads reach the right eyes at the right time.
Performance marketing for B2B businesses supports A/B testing strategy. It enables businesses to leverage insights from data analytics and tailor their messaging to specific industries or customer segments without long-term commitments.
Here’s an example. ITILITE, a corporate travel management platform, made a strategic move by joining hands with TripleDart to increase its visibility on LinkedIn. TripleDart created a holistic strategy by reducing the pressure on its marketing budget and helped it stand out in the US market.
TripleDart optimized their campaigns by involving A/B testing approaches with different sets of keywords and segmenting campaigns focusing on granular metrics to find the optimal combination that would boost their ROI.
This approach helped ITILITE to improve its pipeline value and generated a 5x return on its investment.
By tailoring your performance marketing campaigns for different stages of buyers’ journeys and continuously monitoring, optimizing, and adjusting them, you reach the right audience with the right message. This increases the likelihood of converting potential customers into actual buyers and sets you up for long-term success.
Also read: The Ultimate Guide to Choosing the Best B2B Performance Marketing Agency
Let's understand how to create B2B performance marketing strategies to catch your customer's attention and drive conversions:
The foundation of any successful strategy is to create clear and measurable goals. For example, you want to add more leads to the pipeline or increase your brand awareness.
Your campaign goal will help you decide the rest of your marketing moving forward, enabling you to better reach and resonate with your target audience. Furthermore, it is also essential to align your KPIs (key performance indicators) with your overall marketing strategies to achieve measurable goals.
Understanding your target audience lays the foundation for effective performance marketing strategies to convince your prospects to invest in your products or services.
For B2B companies, the first step is to identify your potential customer's demographics, behavior, pain points, and preferences using data such as:
Now, you have fundamentals about intent data, leverage this data to better market your products and can create detailed buyer personas for specific targeting.
For example, if you're targeting a senior-level employee, ages 42-52, you can likely use email to reach them effectively.
Remember, in B2B, you're often dealing with multiple decision-makers in a single company.
Measure social media ROI for B2B performance marketing campaign
With your audience defined, it's time to meet them where they are. Your target audience won't be in one place. Remember, diversifying channels will help you reach the most potential customers. Some effective channels include:
Create a B2B performance marketing strategy that aligns with your target audience's needs.
Build a marketing strategy that can be modified according to the changing buyer personas and customer preferences. Some tips include personalized messaging, content customization, and channel optimization.
Another vital step in making your B2B performance marketing strategy a success is creating content and launching the campaign.
All your content, such as infographics, videos, ads, etc., should be creative and tailored to the right audience.
💡Pro tip: Different channels will have diverse audience segments. Before launching a B2B marketing campaign, analyze all aspects to determine which message will best inspire what segments of your customers to take the next action.
When you are ready with different ad content, launch the campaign. Ensure you launch it across various channels to cater to a larger audience.
When creating performance marketing strategies for B2B companies, leveraging tools like Google Analytics, CRM systems, and marketing automation platforms streamline tracking KPIs such as clicks, conversions, and ROI.
To get the desired results, constantly review and analyze the data to see how well the campaign is performing and meeting its objectives. If things are not on track, it is time to refine your content or the targeting approach or tweak adjustments in your overall campaign.
Continuously optimizing your B2B marketing campaign with A/B testing will refine your messages by identifying what works best for you and highlighting the areas for improvement.
It will also tailor your bidding strategies in paid campaigns and regularly monitor your funnel for bottlenecks.
While implementing a B2B performance marketing strategy, it is important to build trust, establish credibility, and safeguard brand reputation, in addition to chasing clicks and conversions.
Imagine your cutting-edge AI software ad appears next to an article about a major data breach. This can hamper your brand's credibility and cause your customers to lose trust.
Thus, you should be well aware of the potential issues such as brand safety concerns, compliance with regulations, click fraud, and contextual targeting to reduce the risks associated with these challenges.
By compiling comprehensive reports that comprise campaign outcomes against set objectives, marketers can gain insights and share this data with their team to fuel future strategies and drive continuous improvement.
Yesterday's winning strategy might be today's outdated approach. Thus, gain valuable insights to refine and streamline your future marketing efforts.
Furthermore, you should adopt new strategies based on dynamic market conditions and audience feedback to improve your products and increase satisfaction levels.
Tailor your B2B performance marketing for different buyers journey
Creating a performance marketing campaign for B2B businesses can be daunting. Thus, you need to tailor your campaigns for different stages of the customer journey to increase leads and conversion rates. Here is how you can do it:
At this stage, your customers have a specific problem. Your goal is to introduce your brand and explain how your product can solve their problem.
At this stage, the potential customers are actively searching for solutions. You need to demonstrate why your product or service is the best.
It is the most important stage as your customers are now ready to make a decision. To win their business, you will need to provide tailored or personalized services.
Great, you have acquired the customer, but the journey doesn't end here. If you want to retain the customer, you need to ensure they stay happy with your services.
This is the final stage, where your customers love your brand so much that they become advocates for it. They are not just satisfied customers but also your most valuable marketing asset.
A successful B2B performance marketing campaign is not about being everywhere. It is about reaching your ideal customers with the right message at the right time.
Here are the few marketing channels to yield the best results:
PPC advertising involves placing targeted ads on search engines and other platforms, where you only pay when a user clicks on your ad.
PPC campaigns are crucial for building brand awareness, as even if users don't click on your ad, seeing your brand at the top of search results will build credibility and recognition.
In social media advertising, paid ads are served to the target audience through social media platforms like LinkedIn, Facebook, and Instagram. This digital marketing method enables you to reach customers based on demographics, behaviors, interests, and job titles.
It is an automated method of buying and selling digital ad space in real-time. This channel uses multiple ad exchanges and online display targeting to drive impressions at scale.
OTT is a type of online advertising that delivers content directly to viewers via internet-connected devices, bypassing traditional distribution, such as cable. Better targeting helps get more engagement. When viewers see ads they care about, they're more likely to respond.
By partnering with affiliates, you can access previously untapped audience segments and overcome geographical limitations. Affiliates earn commissions for leads or sales they generate, making it a win-win game for both affiliates and marketers.
Let's know about some of the crucial metrics to measure the success of your B2B marketing campaign:
It is the total amount of money a business spends to acquire a new customer.
CAC= Total Marketing and sales expenses
Number of new customers acquired
Evaluate CAC to measure B2B performance marketing success
It is the magical number that measures the profitability of your marketing campaign by comparing its gain or loss relative to its cost.
ROI= Net Profit x 100
Cost of investment
It is the percentage of leads that transform into actual customers.
Lead-to-Customer Conversion Rate= Number of visitors x 100
Number of leads
Number of leads
It is the expected total money a company will generate from active subscriptions in a given month.
MRR= Total number of active accounts x Average revenue per user
It is the total worth of a customer to a business over the entire duration of their relationship.
Customer Value = Average Purchase Value x Average Number of Purchases
Customer Lifetime Value = Customer Value x Average Customer Lifespan
Also read: 12 Marketing Strategies To Increase ROI in 2025
Picture a world where your B2B performance marketing campaigns run themselves. Sounds like a dream? Well, it has become a reality, here is how:
AI uses algorithms and data to predict customer behavior with remarkable accuracy. It enables the creation of highly personalized content for each prospect’s unique preferences, enhancing targeting and engagement.
ML supports data analysis tasks requiring explicit instructions. This technology can conduct thousands of micro-tests simultaneously and can also flag accounts at the risk of churning, enabling proactive retention efforts.
Various new platforms are taking the market by storm, such as ABM (Account-based marketing) platforms, AI chatbots, LinkedIn B2B lead generation tools, interactive content platforms, and more.
Imagine investing hundreds of dollars in marketing without having detailed insights into your ROI. Doesn’t make sense, right?
This is why B2B performance marketing is essential, as it puts you in the driver's seat and streamlines the process of tracking leads, conversions, and revenue generated.
The result? This laser-focused strategy helps businesses craft a message tailored to their target audience.
Result? No more wasted efforts on the audience that does not move the needle of your business, maximizing every cent of your marketing spend.
No wonder you are looking to transform your B2B marketing strategy like most B2B businesses. This is where TripleDart can help you discover marketing tactics to climb the growth ladder.
TripleDart ensures all your B2B performance marketing campaigns are highly targeted across different channels. Our approach goes beyond tracking impressions and clicks; we drive real results by deeply understanding your brand’s goals.
Ready to transform your performance marketing campaign for B2B business? Book your demo today!
Join 70+ successful B2B SaaS companies on the path to achieving T2D3 with our SaaS marketing services.
