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You may have heard the term “retargeting” before and wondered what it meant. Or maybe you’ve seen an advertisement that follows you around the Internet, but lack the insider knowledge to understand why. If this sounds like you, read on. This article will provide all of the details you need to know about retargeting marketing and how it can be used as a tool for businesses in almost any industry.
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So, What is Retargeting Marketing?
Retargeting marketing is a digital advertising strategy designed to engage individuals who have previously visited a specific website or used a mobile application but did not complete a purchase or a desired action. It involves using a retargeting ad network to place cookies on your website visitors’ computers. When those previous visitors went somewhere else online (including other websites in your industry), you can show them an advertisement for your product. Just as a skilled fisherman making a second attempt to catch a fish that slipped away after initially biting the bait. In this way, you can increase your sales without any extra effort from your marketing team.
The term retargeting is a combination of “retail” and “targeting.” Retail refers to the process of bringing a retargeting ad network visitors back to “buy now.” Targeting refers to the process of bringing retargeting ad network visitors back to buy at a specific time or place. Retargeting works because many people will browse online but not end up purchasing the product. Change that by following these people around the internet with advertisements until they decide to buy what they were looking at earlier.
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How Does Retargeting Work?
This type of marketing works by first placing a cookie on a website visitor’s computer. This cookie is like a digital breadcrumb that allows you to identify that specific visitor on the internet, no matter where they go. When a retargeting ad network visitor lands on your website, they see an advertisement for your product. This advertisement takes them to a product page, where they can purchase the item.
In some cases, a retargeted advertisement can trigger a sale without ever taking the visitor to a product page. This can happen, for example, when the advertisement is for a service and the retargeting ad network visitor clicks a button asking for a price estimate. After clicking the button, the visitor is taken to a form where they can enter the data necessary for the service. If the retargeting ad network visitor is logged into their account, the system will immediately recognize the visitor as a lead. No product page will appear, but the visitor will be able to place their order directly through the form.
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Why Use Retargeting for Marketing?
It’s one of the most powerful advertising tools available to marketing teams, and it’s easy to understand why. You don’t need to do any extra work to start earning money from retargeting. Just sign up for an ad network and start placing ads on your website. Visitors to your site are already interested in what you have to offer. They’ve just not made a purchase yet. Retargeting ads can turn these visitors into buyers.
Retargeting ads work best for products that have a high lifetime customer value. That’s because these ads are designed to bring back visitors who have already shown interest in your brand. These people are more likely to spend money on your products than a new visitor. If you’re selling a high-end product, retargeting can be a great way to increase sales.
Source: Pexels
When Should You Use Retargeting Marketing?
The best time to use retargeting ads is when you’ve already established a strong brand presence and visitors are looking to purchase your product or service. You might want to try retargeting ads for the first time when you’ve built up a small following on social media, when your website has been live for a few months, or when you’ve received enough product reviews that potential buyers have begun asking questions. These are all indicators that people are ready to buy from your brand
Aside from that, retargeting is also most effective when you target people based on their interests rather than their demographic data. This means that you will want to tailor your retargeting ads to fit the content that people are browsing on the internet. This can be done by using social media and search engine data.
Source: Pexels
How to Implement Retargeting in Your Own Marketing Strategy
You can start implementing retargeting in your marketing strategy right away. Simply sign up for a retargeting ad network, like Google Display Network or Facebook Ads. Create a retargeting campaign and start placing ads on your website. Design these ads to compel visitors to click on your retargeting ads by highlighting benefits. You should also create a retargeting ad that takes visitors straight to a product page where they can purchase your product. This way, you can prompt a sale without having to create a new advertisement from scratch.
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Conclusion
Retargeting marketing is a great way to bring customers back to your site who have already shown interest in your product. It’s important to start retargeting as soon as possible after creating a new website, and to tailor your ads to the content that people are browsing online. Retargeting ads can be used by almost any business, and can help you generate new sales even after you’ve made the initial sale.
Still confused about retargeting marketing? Do you need help? Contact us!! We, Pixie Digital Marketing Agency Bali, has more than 8 years of experience in the field. We offer paid ads, website developer, search engine optimization, and so on. What are you waiting for? Let us do the magic!
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