LinkedIn Outreach

LinkedIn Outreach Metrics That Matter in 2026

For years, LinkedIn professionals have obsessed over a single metric: connection rate. "I got a 40% connection rate!" they'd celebrate, only to watch their inbox silence the following week. This obsession with vanity metrics—numbers that look imp...

Introduction: The Vanity Metrics Trap

For years, LinkedIn professionals have obsessed over a single metric: connection rate. “I got a 40% connection rate!” they’d celebrate, only to watch their inbox silence the following week. This obsession with vanity metrics—numbers that look impressive but don’t drive business results—has misled countless B2B marketers, recruiters, and sales professionals into investing time and resources into campaigns that generate noise but not revenue.

In 2026, the landscape has shifted dramatically. With LinkedIn’s algorithmic changes, increased competition for attention, and the rise of AI-powered prospecting tools, connection rate alone has become a poor predictor of success. A 50% connection rate means nothing if 48% of those connections never reply, and of those who do, none schedule a meeting.

The evolution of LinkedIn outreach metrics reflects a broader maturation in B2B sales and marketing. Organizations are now moving beyond vanity metrics—those top-of-funnel indicators that look good in executive presentations but don’t correlate with business outcomes—toward a comprehensive measurement framework that tracks the entire customer journey from initial outreach to closed deals and revenue impact.

This article explores the metrics that actually matter in 2026: the leading and lagging indicators that predict success, the benchmarks that let you know if you’re performing above or below your industry average, and the dashboard and tracking methodologies that enable data-driven optimization at scale.


Section 1: Top-of-Funnel Metrics (Reach, Connection Rate, Acceptance Rate)

Reach and Impressions

Definition: Reach is the total number of unique people who see your LinkedIn profile, messages, or content. Impressions are the total number of times your content is viewed (same person multiple times counts as multiple impressions).

Why It Matters: Reach is the foundation of all LinkedIn outreach. You can’t connect with someone who never sees your profile or message. In 2026, organic reach on LinkedIn has declined by 35-40% compared to 2021, making reach measurement critical for budgeting your outreach efforts.

How to Track:

2026 Benchmark:

Connection Request Rate

Definition: The percentage of people who accept your connection request compared to the total number of requests sent.

Formula: (Accepted Connections ÷ Connection Requests Sent) × 100

The Decline of Connection Rate: Connection rate has become less predictive of success because:

  1. Acceptance rates have dropped industry-wide. In 2020, an average cold connection request had a 25-35% acceptance rate. In 2026, that number has fallen to 15-22% due to LinkedIn spam flooding and increased user caution.
  2. Quality varies dramatically. A 35% connection rate means nothing if you’re connecting with people outside your target market. A 12% connection rate with decision-makers in your ICP might be far more valuable.
  3. Timing matters more. A connection request sent on a Tuesday morning has a 40% higher acceptance rate than one sent on Friday evening, yet this temporal variation isn’t captured in the raw connection rate metric.

2026 Benchmarks by Strategy:

Critical Nuance: Track acceptance rate within 72 hours. Requests that sit unanswered for weeks often aren’t acceptance declines—they’re simply overlooked. Measuring the 72-hour acceptance rate gives you a clearer signal.

Profile Visit Rate

Definition: The percentage of people who visit your profile after receiving a connection request (but before accepting or declining).

Formula: (Profile Visits from Connection Requesters ÷ Connection Requests Sent) × 100

Why Track This: Profile visit rate is an underrated leading indicator. When someone visits your profile before accepting your connection, they’re evaluating you. A high profile visit rate (40%+) suggests your message is compelling and relevant, even if the acceptance rate is moderate. This is a signal of relevance, not reach.

2026 Benchmarks:


Section 2: Engagement Metrics (Reply Rate, Conversation Rate, Message Read Rate)

Message Reply Rate

Definition: The percentage of sent LinkedIn messages that receive at least one reply, regardless of the tone or content of that reply.

Formula: (Messages Received Replies To ÷ Total Messages Sent) × 100

Why It’s Critical: This is where most LinkedIn outreach programs fail. You can have a 25% connection acceptance rate and still have near-zero meaningful conversations. Reply rate is the gating metric—if your reply rate is below 5%, optimization starts here, not with connection rate.

What Counts as a “Reply”:

2026 Benchmarks by Message Type:

Industry Variations:

Critical Insight: After follow-up #3, reply rates drop below 1%. Stop after 3-4 touches.

Conversation Rate (Multi-turn)

Definition: The percentage of initial conversations that convert to multi-turn exchanges (at least 2 messages from the recipient).

Formula: (Conversations with 2+ Recipient Messages ÷ Conversations with 1+ Messages) × 100

Why It Matters: A single reply (“Thanks, not interested”) is different from a conversation. Conversation rate indicates genuine engagement and interest. This metric separates curiosity from intent.

2026 Benchmarks:

Multi-turn Conversation Depth:

Message Read Rate

Definition: The percentage of sent LinkedIn messages that are opened/read by the recipient.

Formula: (Messages Read ÷ Messages Sent) × 100

Tracking Challenge: LinkedIn doesn’t provide official read receipts for first messages to non-connections. This metric is primarily useful for:

2026 Benchmarks (LinkedIn Sales Navigator InMail):


Section 3: Conversion Metrics (Meeting Rate, Pipeline Generated, Revenue)

Meeting Booking Rate

Definition: The percentage of conversations that result in a scheduled meeting, call, or demo.

Formula: (Meetings Booked from LinkedIn Conversations ÷ Total Conversations) × 100

The Bridge Between Engagement and Revenue: This is where most strategies collapse. A 12% reply rate means nothing if only 2% of those replies lead to meetings. Meeting booking rate is the critical conversion point—and it’s heavily dependent on your follow-up strategy and offer clarity.

2026 Benchmarks by Use Case:

Critical Factor: Offer Specificity

Qualified Meeting Rate

Definition: The percentage of booked meetings that are with genuine prospects matching your ICP (Ideal Customer Profile).

Formula: (ICP-Matched Meetings ÷ Total Meetings Booked) × 100

The Reality Check: You might book 20 meetings per 1,000 outreach attempts, but if only 40% of those are with actual decision-makers at companies in your target market, you’re wasting sales team time.

2026 Benchmarks:

How to Track:

Pipeline Generated from LinkedIn

Definition: The total value of all opportunities created from LinkedIn outreach, including those that don’t yet have close dates.

Formula: Sum of all pipeline value from LinkedIn-sourced opportunities

Subcategories:

2026 Benchmarks (B2B SaaS, $10K ACV):

Critical Insight: Pipeline doesn’t equal revenue. A company generating $500K in monthly pipeline but closing 10% of it (win rate) produces $50K MRR. Tracking pipeline separately from revenue is essential for forecasting.

Revenue Attribution from LinkedIn

Definition: Actual closed revenue (contracts signed) attributed to LinkedIn outreach campaigns.

Formula: Total revenue from closed deals sourced from LinkedIn outreach

Attribution Models:

  1. First-touch attribution: Credit LinkedIn if the first touch was a LinkedIn outreach
  2. Last-touch attribution: Credit LinkedIn if the last touch before purchase was LinkedIn
  3. Multi-touch attribution: Distribute credit across all touchpoints based on a weighting model (30% first, 50% middle, 20% last)
  4. Revenue influence: Any deal where LinkedIn was part of the customer journey

2026 Reality: Most organizations use multi-touch attribution, giving 40-50% credit to the initial LinkedIn outreach, then 30-40% to sales conversations, then 10-20% to product experience.

2026 Benchmarks (Annual Revenue from LinkedIn Outreach):


Section 4: Efficiency Metrics (Cost Per Lead, Cost Per Conversation, Cost Per Meeting, Time to Conversion)

Cost Per Lead (CPL)

Definition: The total cost to generate one qualified lead prospect, including tools, time, and resources.

Formula: (Total Outreach Costs ÷ Number of Qualified Leads) × 100

What to Include in “Cost”:

2026 Calculation Example:

2026 Benchmarks:

Cost Per Conversation

Definition: The total cost to generate one ongoing conversation (multi-turn).

Formula: (Total Outreach Costs ÷ Number of Conversations) × 100

2026 Benchmarks:

Cost Per Qualified Meeting

Definition: The total cost to generate one meeting with a qualified prospect.

Formula: (Total Outreach Costs ÷ Number of Qualified Meetings) × 100

The Core Sales Metric: This is often compared against cost per acquisition and sales commission structures.

2026 Benchmarks (B2B SaaS):

Decision Rule: If your sales commission is $500 per meeting and your CPM is $1,200, you need a closing rate above 42% to break even.

Time to Conversion (Profile View → Meeting)

Definition: The average number of days from initial profile view/connection request to a booked meeting.

Formula: Average of (Meeting Date - First Contact Date) for all closed deals

2026 Benchmarks by Industry:

Critical Threshold: 70% of LinkedIn-sourced meetings are booked within 21 days of initial contact. After 21 days, response rates drop 60%.

Sales Cycle Length

Definition: The average number of days from booked meeting to closed deal.

Formula: Average of (Deal Close Date - Meeting Date)

2026 Benchmarks by Industry:


Section 5: Benchmark Data by Industry

B2B SaaS (2026 Data)

Company Profile: Software as a Service, $100-$500K annual contract value, 3-12 month sales cycles

Metric Low Performers (Bottom 25%) Average (50th Percentile) High Performers (Top 10%)
Connection Request Volume/Month 100-300 500-1,000 2,000-5,000
Connection Acceptance Rate 10-15% 18-22% 25-30%
Message Reply Rate 3-5% 8-12% 15-20%
Conversation Rate 15-25% 35-45% 55-70%
Meeting Booking Rate 4-6% 10-14% 18-25%
Qualified Meeting Rate 40-50% 65-75% 85-92%
Monthly Pipeline Generated $15K-$30K $60K-$120K $250K-$500K
Annual Revenue from LinkedIn $25K-$75K $150K-$350K $800K-$2M
Cost Per Qualified Meeting $1,500-$2,500 $800-$1,200 $300-$600
Average Sales Cycle 60-90 days 45-65 days 30-45 days

Recruiting and Staffing (2026 Data)

Company Profile: Executive search, technical recruiting, staffing agencies

Metric Low Performers Average High Performers
Connection Request Volume/Month 500-1,000 2,000-3,500 5,000-10,000
Connection Acceptance Rate 15-20% 24-28% 32-40%
Message Reply Rate 8-12% 14-18% 22-28%
Conversation Rate 30-40% 50-65% 72-85%
Interview Rate (from conversations) 20-30% 35-50% 60-75%
Qualified Interview Rate 60-70% 78-85% 90-95%
Monthly Placements Sourced 2-4 6-10 15-25
Annual Revenue from LinkedIn $80K-$150K $300K-$600K $1M-$2.5M
Cost Per Interview $200-$400 $300-$500 $150-$300
Average Hiring Timeline 14-21 days 10-14 days 5-10 days

Consulting Services (2026 Data)

Company Profile: Management consulting, boutique consulting, specialized services

Metric Low Performers Average High Performers
Connection Request Volume/Month 300-600 800-1,500 2,000-4,000
Connection Acceptance Rate 12-18% 20-25% 28-35%
Message Reply Rate 6-9% 10-14% 16-22%
Conversation Rate 25-35% 40-55% 65-80%
Scoping Meeting Rate 5-8% 12-16% 20-28%
Qualified Opportunity Rate 50-60% 70-80% 85-95%
Monthly Project Pipeline Value $50K-$100K $200K-$400K $800K-$1.5M
Annual Revenue from LinkedIn $150K-$300K $600K-$1.2M $2M-$5M
Cost Per Project Scoping Meeting $400-$700 $600-$1,000 $300-$500
Average Sales Cycle 45-75 days 30-50 days 20-35 days

Section 6: Tracking Methodology (Tools, Dashboards, Integration)

Essential Tools for Metric Tracking (2026)

Tier 1: Foundation (Required)

  1. CRM (Salesforce, HubSpot, Pipedrive) - Tracks all opportunities, meetings, and conversions

    • Cost: $50-$300/month
    • Primary function: Revenue attribution, meeting tracking, pipeline management
  2. LinkedIn Sales Navigator or Apollo.io - Prospect identification and initial outreach

    • Cost: $69-$99/month (LinkedIn) or $49-$399/month (Apollo)
    • Primary function: Contact identification, outreach automation, reply tracking
  3. Google Sheets or Airtable - Manual metric calculation and dashboarding

    • Cost: Free-$20/month
    • Primary function: Quick calculation, team access, reporting

Tier 2: Advanced (Recommended)

  1. Outreach.io or Salesloft - Multi-channel engagement and sequencing

    • Cost: $500-$2,000/month
    • Primary function: Sequence automation, analytics, multi-channel tracking
  2. HubSpot Workflows + Zapier - Automated metric calculation

    • Cost: Included in HubSpot + $20-$50/month for Zapier
    • Primary function: Automate data flow, real-time dashboards
  3. Tableau or Looker - Advanced analytics and visualization

    • Cost: $500-$5,000/month
    • Primary function: Executive dashboards, forecasting, trend analysis

Building a LinkedIn Outreach Metrics Dashboard

Essential Dashboard Sections:

Section 1: Top-of-Funnel Overview

Section 2: Engagement Funnel

Section 3: Conversion Pipeline

Section 4: Financial Metrics

Section 5: Benchmarking

Section 6: Team Performance

Data Integration Workflow (2026 Best Practice)

LinkedIn Sales Navigator / Apollo
         ↓
    CRM (HubSpot/Salesforce)
         ↓
    Zapier / Webhook
         ↓
    Google Sheets / Airtable
         ↓
    Tableau / Looker / Data Studio
         ↓
    Executive Dashboard / Reports

Automation Checklist:


Section 7: Optimization Based on Metrics

The Diagnostic Framework: Where to Optimize

Step 1: Identify the Bottleneck

Use this decision tree to identify where your funnel is breaking:

Is your pipeline generation below target?
├─ NO → You have a sales/closing problem, not an outreach problem
└─ YES → Continue...
    ├─ Are your qualified meetings below target?
    │  ├─ NO → Your problem is conversion quality, not quantity
    │  └─ YES → Continue...
    │     ├─ Are your total meetings below target?
    │     │  ├─ NO → Your qualified meeting rate is low (targeting problem)
    │     │  └─ YES → Continue...
    │     │     ├─ Are your conversations below target?
    │     │     │  ├─ NO → Your meeting booking rate is low (offer problem)
    │     │     │  └─ YES → Continue...
    │     │     │     ├─ Are your replies below target?
    │     │     │     │  ├─ NO → Your conversation depth is low (follow-up problem)
    │     │     │     │  └─ YES → Continue...
    │     │     │     │     ├─ Are your impressions below target?
    │     │     │     │     │  ├─ NO → Your reply rate is low (messaging problem)
    │     │     │     │     │  └─ YES → Your reach is low (list quality/volume problem)

Optimization Playbooks by Problem

Problem 1: Low Reply Rate (Below 5%)

Root Cause Hypothesis: Message quality, targeting, or timing

Diagnostics:

Optimization Tactics:

  1. Personalization: Add specific reference to prospect’s company/role (1-2 sentences)
  2. Opening hook: Start with what you found interesting about their profile/company
  3. Value prop: Lead with benefit, not product feature
  4. Question-based: End with one specific, answerable question
  5. Timing: Send Tuesday-Thursday, 9-11am in prospect’s timezone

Expected improvement: 5% → 10-12% (100-140% lift)

Problem 2: High Reply Rate but Low Conversation Rate (Replies but Conversations <30%)

Root Cause Hypothesis: Follow-up strategy is weak, or initial value proposition isn’t compelling enough to warrant continued dialogue

Diagnostics:

Optimization Tactics:

  1. Faster response time: Respond within 2 hours of reply (vs. 24+ hour delays)
  2. Continue value delivery: Don’t ask for something in the second message; provide more value
  3. Make it easy to reply: Ask a simple, specific question they can answer in 15 seconds
  4. Social proof: Share specific case study or result relevant to their industry
  5. Segmentation: Different follow-up for “interested but busy” vs. “skeptical”

Expected improvement: 30% → 50-60% conversation rate

Problem 3: High Conversation Rate but Low Meeting Rate (Conversations but Meetings <8%)

Root Cause Hypothesis: Offer isn’t specific enough, or timing/mechanism for booking is friction

Diagnostics:

Optimization Tactics:

  1. Specific offer: “I have availability Tuesday 2-3pm or Thursday 10-11am. Does one of those work?”
  2. Lower friction: Use Calendly/Acuity Scheduling with direct link
  3. Value justification: “The reason I think we should talk is X” (not “we could help you”)
  4. Trial close: Ask if they’re open to 15 minutes before suggesting timing
  5. Create urgency: “I have limited spots this week” (only if true)

Expected improvement: 8% → 15-18% meeting booking rate

Problem 4: Low Quality of Booked Meetings (<60% qualified)

Root Cause Hypothesis: Targeting is poor, or message is attracting wrong audience

Diagnostics:

Optimization Tactics:

  1. Tighter targeting: Use LinkedIn Sales Navigator to filter to exact company size, industry
  2. Role messaging: In first message, reference their specific role (Director of Marketing, not “Growth Leader”)
  3. Company filter: Mention you work with companies in specific industries (B2B SaaS, not “companies”)
  4. Budget/ICP screening: In second message, ask qualifying question (company headcount, budget, timeline)

Expected improvement: 60% → 80-85% qualified meeting rate


Section 8: Metrics Dashboard Template

Monthly LinkedIn Outreach Report Template

Executive Summary (1 page)

LINKEDIN OUTREACH PERFORMANCE - JANUARY 2026

📊 Key Metrics
├─ Connection Requests Sent: 1,250
├─ Messages Sent: 680
├─ Replies Received: 82 (12.1%)
├─ Conversations Started: 28 (34.1% of replies)
├─ Meetings Booked: 4 (14.3% of conversations)
├─ Qualified Meetings: 3 (75% qualified rate)
├─ Pipeline Generated: $125,000
└─ YTD Revenue Closed: $45,000

💰 Efficiency Metrics
├─ Cost Per Lead: $67
├─ Cost Per Conversation: $362
├─ Cost Per Qualified Meeting: $1,077
└─ ROI on LinkedIn Outreach: 4.2x

📈 Trends vs. Target
├─ Message Reply Rate: 12.1% (Target: 10%, Status: ✅ Above Target)
├─ Meeting Booking Rate: 14.3% (Target: 12%, Status: ✅ Above Target)
├─ Qualified Meeting Rate: 75% (Target: 70%, Status: ✅ Above Target)
└─ Pipeline Generated: $125K (Target: $100K, Status: ✅ Above Target)

⚠️ Areas for Improvement
├─ Connection Acceptance Rate: 18% (Below 22% benchmark)
├─ Conversation Depth: Avg 1.3 turns (Target: 1.8)
└─ Sales Cycle Length: 52 days (Target: 45 days)

Detailed Metrics Table

Activity January December YTD Target Status
Outreach Activity
Connection Requests 1,250 1,100 1,250 1,000
Messages Sent 680 620 680 600
Engagement
Connection Acceptance % 18% 19% 18% 22%
Message Reply Rate % 12.1% 11.2% 12.1% 10%
Conversations Started 28 24 28 24
Conversion
Meetings Booked 4 3 4 3
Qualified Meetings 3 2 3 2.5
Opportunities Created 1 2 1 2
Revenue
Pipeline Generated $125K $95K $125K $100K
Revenue Closed $25K $0 $45K $30K

Campaign Performance Breakdown

Campaign Message Type Volume Reply Rate Meeting Rate Avg. Deal Size
SaaS Segment Value-first 280 14.2% 16.7% $125K
SMB Segment Quick question 200 10.5% 12% $45K
Enterprise Segment Social proof 100 8% 10% $250K
Content-driven Follow-up 100 15% 20% $85K

Section 9: Best Practices for Reporting

Reporting to Leadership (C-Suite Friendly)

Rule 1: Lead with Revenue

❌ WRONG: “We generated 28 conversations on LinkedIn this month” ✅ RIGHT: “LinkedIn outreach generated $125K in pipeline, with $45K of that closing (36% conversion)”

Rule 2: Use Trend Lines, Not Just Absolute Numbers

❌ WRONG: “We booked 4 meetings” ✅ RIGHT: “Meeting bookings improved 25% month-over-month (4 this month vs. 3 last month), putting us 33% above our annual target”

Rule 3: Benchmark Against Industry

❌ WRONG: “12% reply rate” ✅ RIGHT: “12% reply rate, which is above the B2B SaaS average of 9% but below high-performer benchmark of 15%”

Rule 4: Always Show ROI

❌ WRONG: “We spent $1,077 per qualified meeting” ✅ RIGHT: “At $1,077 per qualified meeting, and with a 60% close rate and $150K ACV, our CAC from LinkedIn outreach is $4,308, yielding a 35:1 ROI”

Monthly Reporting Cadence

Every Friday (Team Standup)

Monthly (Leadership Report)

Quarterly (Board/Investor Update)


Section 10: Frequently Asked Questions

Q: Should I focus on connection rate or reply rate? A: Reply rate is far more important. A 25% connection rate with 2% reply rate is worse than a 15% connection rate with 12% reply rate. Connection rate is vanity; reply rate is business.

Q: How often should I change my messaging? A: Test a new message type every 2 weeks when you have 100+ messages sent. Only change once you have statistical significance (40+ replies minimum) in a new approach.

Q: What’s a good LinkedIn outreach ROI? A: 10:1 is solid for SaaS (every $1 spent generates $10 in revenue). 20:1+ is world-class. Less than 5:1 indicates fundamental strategy issues.

Q: How many people should I have doing LinkedIn outreach? A: 1 full-time person can generate $150K-$350K in pipeline annually, depending on ACV and sales cycle. Scale from there based on pipeline targets.

Q: Is LinkedIn outreach still effective in 2026? A: Yes, but with lower reply rates than 2020-2022. The successful approach is now hyper-personalized + value-first + strategic targeting, not volume. Reply rates have dropped 40% industry-wide, but conversion rates for quality conversations have improved 30%.

Q: Should I use automation or manual outreach? A: Hybrid is best. Automation for list building and initial reach; manual (or highly templated) for personalization. Pure automation yields 3-4% reply rate. Manual+ personalization yields 12-15% reply rate.

Q: How do I track LinkedIn revenue accurately? A: Use multi-touch attribution. Give 40% credit to the initial LinkedIn outreach, 35% to sales conversations, 15% to product experience, and 10% to deals coming back for upsells. Track through your CRM with a “LinkedIn Outreach” source tag.

Q: What’s the difference between connection rate and acceptance rate? A: Connection requests sent is what you control. Acceptance rate is the % that accept. This metric is declining because LinkedIn’s user base is increasingly protective of who they connect with. Focus on what you can control: message quality, targeting, and timing.

Q: How long should I wait before following up on a no-reply message? A: 5 days for first follow-up (new message), 10 days for second follow-up. After 2-3 touches with no response over 15 days, move on. Your time is better spent on warm prospects.

Q: Should I care about profile views if they don’t reply? A: Yes, but as a secondary metric. 40%+ profile visit rate before reply indicates your targeting is good but messaging is weak. <20% profile visit rate indicates targeting is the issue.


Conclusion: From Metrics to Strategy

In 2026, LinkedIn outreach success is determined not by vanity metrics but by understanding the complete funnel from reach to revenue. The organizations winning are those that:

  1. Identify their bottleneck (not assuming everyone’s problem is the same)
  2. Measure systematically (not guessing at reply rates or meeting conversion)
  3. Benchmark against industry standards (not celebrating 10% reply rate when 15% is standard for their use case)
  4. Optimize relentlessly (testing message types, timing, targeting, follow-up cadence)
  5. Focus on revenue attribution (not just pipeline, but closed deals and payback period)

The metrics that matter in 2026 are those that move the needle on business outcomes. Connection rate is dead. Pipeline generated and revenue closed are king.

Start by building your dashboard today. Know your numbers. Then optimize from a position of data, not intuition. The teams doing this are seeing 3-5x better results than those still chasing connection rate.


Sources

  1. LinkedIn Official Data (2025-2026): https://business.linkedin.com/
  2. OutboundLabs State of LinkedIn Outreach Report 2026
  3. LinkedIn Sales Navigator benchmarks (2026)
  4. Hubspot B2B Outreach Benchmarks 2026: https://www.hubspot.com/
  5. Apollo.io Outreach Metrics Analysis 2026: https://www.apollo.io/
  6. SalesLoft Sales Engagement Report 2026: https://www.salesloft.com/
  7. Gartner B2B Sales & Marketing Survey 2026
  8. Forrester B2B Benchmarks Report 2026
  9. Crunchbase Funding Pipeline Data 2026: https://www.crunchbase.com/
  10. Industry-specific data: Recruiting Industry Benchmarks (REC), Consulting Industry Association, SaaS metrics (Tomasz Tunguz archives)
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