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LinkedIn Campaign Manager reporting: the columns that matter, and the ones that mislead

Quick Answer

LinkedIn's default Clicks column overstates website visits about six times: across the Kiin Labs panel it counted 15.3 million clicks against 2.5 million landing page clicks, and at the median account only 16% of clicks reached the website (1,029 accounts). Build Campaign Manager reports on landing page clicks, cost per landing page click, form completion and post-click conversions; read message ads on opens and leads; read frequency at the account level, because campaigns under-count it; and check the Audience Network breakdown before anything else.

Figures are from Kiin Labs: a panel of 1,000+ B2B LinkedIn advertiser accounts and $60M+ of LinkedIn Ads spend over the twelve months to 7 September 2026, medians across advertiser accounts, LinkedIn Audience Network excluded, USD. Cells with fewer than 10 advertisers are never published.

The columns to add

ColumnWhat it measuresMedian account
Clicks to landing pageClicks that reached your site16% of all clicks
Landing page CTR (calculate it)Landing page clicks / impressions0.24%
Cost per landing page click (calculate it)Spend / landing page clicks$17.54
Lead form completion rateLeads / form opens7.6% feed, 40.7% inbox
Conversions, post-clickConversions after a click, not a viewrecorded by 61% of accounts
Sends, opens, leads (message ads)Inbox delivery and response$0.42 per send
Reach, frequencyPeople reached, times eachcampaigns under-count

Save these as a custom column set. The full column-set menu, what each preset shows and how we use it, is in the Campaign Manager tutorial.

The columns that mislead

  • Clicks, CTR and average CPC. They count reactions, comments, profile visits and "see more". On thought leader ads, 91% of reported clicks never reach a landing page: a 4.56% total CTR against a 0.46% landing page CTR (Report No. 1).
  • Lead form opens. An open is not a lead; at the median account 7.6% of feed form opens become one.
  • Post-view conversions. Read them separately from post-click. They count anyone who saw an ad and later converted, whatever brought them back.
  • Clicks on message ads. Read opens and leads instead.

Frequency: the number Campaign Manager gets wrong

Frequency in Campaign Manager is per campaign, and campaigns share people. Across 154 ninety-day windows from 71 advertisers, campaigns reported an average frequency of 3.5 while the account actually delivered 9.5 to the same people. Fatigue follows the real number: engagement falls 9% after everyone has seen a creative once and 22% after five times (frequency and fatigue).

Breakdowns and demographics

The Breakdown button splits any row by Audience Network on or off, device, placement, conversion and, for thought leader ads, author. Run the Audience Network breakdown first on any account you inherit: 46% of advertisers in the panel had it on somewhere in the year. The Demographics view shows impressions and clicks by job function, title, seniority, industry, company and company size: sort by clicks with CTR alongside, and a high-click function you do not sell to is a targeting leak. Company-level engagement is the closest LinkedIn comes to "who clicked"; it reports companies, never people (can you see who clicked?).

A weekly and monthly report template

WhenReadAct if
WeeklySpend vs budget, cost per landing page click, form completion, cost per lead by offerCost per landing page click is above the median ($17.54) two weeks running
WeeklyAccount-level frequency and engagement rate per creativeEngagement down 20% from launch: refresh
MonthlyPost-click conversions, demo requests, companies engagedDemo requests flat while spend rises
QuarterlyPipeline and revenue from engaged companies, in the CRMCost per opportunity above what sales economics allow

Monthly and quarterly reads need the conversion tracked: 39% of advertisers in the panel recorded no post-click website conversion in a year. How to fix that: LinkedIn ads ROI.

Getting the data out

Export sends any table in Campaign Manager to CSV. For anything recurring, the Reporting API pulls the same data by day into a warehouse or a spreadsheet: LinkedIn ads data to PostgreSQL walks through the schema, and LinkedIn ads with Claude shows how to ask questions of it in plain English. The API reports by day, month or all time, never by hour.

Frequently Asked Questions

How do I see landing page clicks in Campaign Manager?+
Open the column selector on the Ad Sets or Ads tab and choose the Engagement set, or build a custom set with Clicks to landing page. Calculate landing page CTR and cost per landing page click from it; at the median account only 16% of LinkedIn's reported clicks reach the website.
Why don't LinkedIn clicks match Google Analytics?+
Because LinkedIn's Clicks column counts reactions, comments, profile visits and "see more", not just visits. Compare Google Analytics sessions with LinkedIn's landing page clicks instead; across the Kiin Labs panel LinkedIn counted 15.3 million clicks against 2.5 million landing page clicks.
What metrics should I report for LinkedIn ads?+
Landing page clicks, landing page CTR, cost per landing page click, form completion rate, cost per lead split by content and demo offers, post-click conversions, account-level frequency and, for message ads, sends, opens and leads. Avoid reporting total clicks, CTR and average CPC as performance.
How do I export LinkedIn ads data?+
Use Export in Campaign Manager to download any table as CSV, or the LinkedIn Reporting API to pull daily data into a warehouse, a spreadsheet or an AI assistant.

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Written by the team at Kiin, a LinkedIn Ads agency for sales-led B2B SaaS. We work as a LinkedIn advertising agency in the UK, a LinkedIn Ads agency in London and a LinkedIn Ads agency for US companies.