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How to Measure the Full-Funnel Impact of LinkedIn ads8 min read

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How to Measure the Full-Funnel Impact of LinkedIn ads (1)

Accurate LinkedIn Ad Funnel Attribution is the dream for every ABM manager, because without it, reporting the value of your programs and explaining LinkedIn spend to leadership becomes guesswork. If you want to know how to measure the full-funnel impact of LinkedIn ads, you need visibility that traditional tools do not offer.

The painful truth is that most CRMs and LinkedIn’s Campaign Manager or the Business Manager attribution views do not solve this.

So, I will outline what is broken in CRMs, LinkedIn’s native options, and IP matching tools, then show how ZenABM fixes those gaps.

How to measure the full-funnel impact of LinkedIn ads: Quick summary

  • LinkedIn is the priciest B2B ad platform, yet its contribution is often undercounted due to weak attribution.
  • Many CRMs, including HubSpot, lean on cookies, single-session clicks, and form fills, which are fragile on low CTR platforms like LinkedIn.
  • LinkedIn’s native views, such as Campaign Manager and the Revenue Attribution Report, still miss reliable ad-level detail and cannot capture view-through adequately.
  • IP matching tools are unreliable. Real tests often show about 42 per cent accuracy for identifying engaged companies.
  • True ABM attribution requires company-level data, view-through signals, and campaign-level detail.
  • ZenABM closes the loop by:
    • Pulling company-level ad engagement, including impressions, from LinkedIn’s official API.
    • Mapping engaged companies to CRM pipeline to quantify influence on revenue.
    • Powering real-time account scoring, BDR routing, and intent-based segments.
    • Providing ad-level reporting so you know which message or asset moved the needle.
  • Bottom line, if you want to measure the full funnel effect of LinkedIn and sharpen your ABM strategy, ZenABM delivers that visibility.

Why CRMs, LinkedIn’s native tools, and deanonymization still miss the full-funnel picture

Let’s break down where conventional methods fail when you attempt to measure the full-funnel impact of LinkedIn ads.

Where CRMs and LinkedIn to CRM integrations fall short

Top CRMs like HubSpot can connect a contact to a company, yet they typically register LinkedIn impact only when all of the following are true:

  • The person clicks the ad.
  • Your HubSpot pixel and UTM parameters are present on the landing page.
  • The person fills out a form.
  • The form fill happens in the same session as the ad click.
  • The details provided are accurate, not throwaway info to grab a lead magnet.

On LinkedIn, clicks are scarce. CTR often sits around 0.4 to 0.5%:

Infographic showing LinkedIn's CTR and how low it is

View, later search, then convert via another channel is common on LinkedIn, which means your attribution reports drift away from reality.

Even among clickers, many will not convert in the same session.

Yes, HubSpot can sometimes connect a later form to an earlier ad click, but that depends on cookies. If you still rely on cookies in 2025 and consider the job done, I admire your optimism 🙂

HubSpot LinkedIn ad attribution is dependent on cookies if the clock and th form fill weren't in the same web session
Source: HubSpot Knowledge Base

Direct LinkedIn integrations in CRMs, for example, HubSpot’s ads tool, do not fix this either.

They surface CTR, impressions, and similar metrics, but you do not get a company-level breakdown:

LinkedIn ads HubSpot Integration provided natively by HubSpot in HubSpot ads tool

Since view-through is invisible, even the ROI presented in the top right of that interface will mislead you.

Limits of LinkedIn’s native solutions

For LinkedIn ad funnel attribution, LinkedIn provides:

  • Campaign Manager
  • Business Manager’s Revenue Attribution Report plus LinkedIn Insight Tag and the LinkedIn Conversions API

In 2024, Campaign Manager added the Companies tab:

companies tab in LinkedIn campaign manager showing which companies clicked on your LinkedIn ads and more

You can now see company-level impressions along with clicks, which is a step toward view-through measurement.

The catch is that you still do not get a campaign-level split. You cannot see which campaign or campaign group created that exposure.

As a result, ad creative testing and message strategy are hard to optimize, because you cannot tell which offer or asset is winning.

If you structure ads by different features or offers, like this:

ABM Campaign Structure

You will not know what piqued the company’s interest. BDRs lose context, and accounts keep seeing generic creatives even late in the journey.

Business Manager’s Revenue Attribution Report does not rescue you either.

RAR relies on the Insight Tag and CAPI.

The Insight Tag only fires when someone clicks and lands. If they do not click, then later arrive organically and convert, there is no attribution.

If they click but convert in a later session, or block cookies, the Insight Tag cannot connect the dots, so RAR remains blank.

Some teams try the offline conversions API. They upload hashed emails and timestamps. LinkedIn matches those to viewer emails. When the same person viewed and later converted, you get credit.

In B2B, someone views, and a teammate converts. That is normal. In that case, RAR does not credit the account. There is no company-level matching. You would need to manually correlate the customer’s company with the Companies tab exposure.

Even then, you still lack ad-level clarity, so ad or campaign group credit remains guesswork.

In short: Lead-level attribution is brittle in LinkedIn’s native stack because cookies can be blocked, and the viewer and the converter can be two different people from the same company. If you choose company-level engagement for attribution, which is ideal for ABM, Campaign Manager still does not reveal the specific campaigns or groups that drove the conversion.

Why IP matching tools underdeliver

Teams that attempt company-level attribution often turn to IP matching to deanonymize visitors. These tools still depend on clicks, which means no view-through measurement.

Even for click-through, accuracy is weak. Reported peaks are near 42 percent, per Syft:

Accuracy of identified visitors

In a real Userpilot test, only 1 company ID appeared out of roughly 300 visitors.

“We created a no-index domain for our ABM ads to ensure all traffic came from target accounts. Over about 90 days and roughly 300 visitors, our IP tool identified just one company, our own.”

– Emilia Korczynska, VP Marketing, Userpilot

Deanonymization Result Screenshot

In practice, the Companies tab in LinkedIn Campaign Manager, while not sufficient for ad-level attribution, beats most IP matching strategies.

The path to reliable measurement

First, in ABM, focus on company-level attribution. It reduces operational complexity and aligns with how buying groups make decisions.

Next, to truly learn how to measure the full-funnel impact of LinkedIn ads, you need company-level engagement that includes impressions for view-through and a campaign-level split for creative attribution.

This is exactly what ZenABM provides.

How ZenABM helps you measure the full-funnel impact of LinkedIn ads

ZenABM ingests company-level ad engagements, including impressions, from LinkedIn’s official API:

ZenABM dashboard showing company-level ads engagement data per campaign by pulling first party intent signals from LinkedIn API
ZenABM dashboard shows company-level ad engagement by campaign using first-party signals from the LinkedIn API

Company-level LinkedIn ad engagement data for each campiagn for a selected time period in ZenABM

It then matches engaged companies to deals in your CRM to reveal pipeline and revenue influence:

ABM analytics dashboard in ZenABM

LinkedIn campaign metrics dashboard in ZenABM

You can also set the minimum impression threshold that counts a deal as ad-influenced, which keeps analysis consistent with your thresholds.

Other ABM features in ZenABM

Here are additional capabilities that strengthen ABM performance:

Real-time account scoring and automated BDR assignment

ZenABM calculates a “Current Engagement Score” for each company based on recent ad touches. When a company crosses your threshold, ZenABM updates its ABM stage in CRM and alerts sales.

Engagement scoring example
Spot hot accounts by engagement score and assign them automatically.

Buyer Intent Insights

When you run multiple use case campaigns, ZenABM highlights which companies engage with which themes. Reps get a crisp conversation starter without complex workflows:

ZenABM Intent data

It also writes the intent to CRM as a company property:

Pushing intent property
ZenABM syncs intent signals to CRM properties.

ABM Stage tracking

Stage tracking is built in, and you can define your minimum thresholds for each stage:

ABM stage tracking in ZenABM

Effortless retargeting

Use ZenABM to export lists of companies that engaged with each campaign or use case. Then retarget those accounts with follow-up ads or personalized outreach.

  • Run your first set of LinkedIn ads by use case.
  • Identify viewer accounts in ZenABM.
  • Cross-check with open opportunities in CRM.
  • Launch follow-up ads and sequences tailored to each company’s interests.

Over to you

You need LinkedIn ad funnel attribution to quantify the pipeline and revenue that ads influence. If you want to learn how to measure the full-funnel impact of LinkedIn ads and improve future campaigns, you also need ad-level clarity, which means knowing which specific ad or campaign group contributed to each conversion and how much value it created overall.

Since most users do not click, you must capture company-level impressions, not only clicks.

In practice, the essentials are company-level impressions per ad campaign and engaged companies matched to deals in your CRM.

Most CRMs and LinkedIn’s native tools still do not provide this view in one place.

Try ZenABM now for free or book a demo to see how to measure the full-funnel impact of LinkedIn ads with confidence.

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