Like a jilted lover, eCommerce merchants have long waited, helplessly, with the hope that their fickle consumers, who abandoned their site without completing an action, see the err of their ways and return to them, faithful and true. Well proprietors, behold! Step out of the shadows of blind faith for a new day has dawned! An era in which you can safely stalk your capricious deserter by subtly reminding them that only you possess the good or service they truly cannot live without. Welcome to the Age of Remarketing.
Remarketing (sometimes referred to as “retargeting”) is a form of pay per click advertising which allows eCommerce entrepreneurs to show banner advertisements to users who previously visited their site as they browse the rest of the web.
Here’s how it works:
1. A prospect user enters your site
2. A tracking cookie is dropped on their browser
3. Prospect user leaves your site without converting or taking the desired action
4. You display banner ads to that user as they continue to browse other websites
5. Ads entice the user to come back to your website and complete desired action
Basically, a persistent little voice saying, “Hey. Hey, you. Remember me? Don’t waste your time endlessly searching for other products– I’m right here!”
Getting previous visitors to return to your site is an obvious perk of using remarketing, however, that isn’t the only benefit.
Improve ROI on marketing budgets
For businesses that are already spending money on driving traffic to a website, remarketing can extend the conversion funnel to your most qualified visitors.
Increase Brand Awareness
Re-displaying ads to new prospects increases the likelihood of brand retention and awareness.
Granular retargeting capabilities
Which means, advertisers can use tailored messaging and incentives based on a user’s browsing behaviour. For instance, if you have just purchased a tent for an upcoming camping trip, you might be a good target to promote sleeping bags.
If you decide to go the route of Google Dynamic Remarketing, you have further options to target visitor groups and choose which ones you want your ads to show up for.
All visitors: Everyone who views your site
General visitors: Those who visited your site but did not view any specific product. The dynamic ad will include the most popular products from your website
Product views: People who viewed specific product pages but did not add them to a shopping cart. Here, the dynamic ad will show the viewed products alongside some recommended products
Shopping cart abandoners: People who viewed specific items, added them to their shopping cart, but did not complete the purchase. Items will prioritise items added to the cart and will mix in other viewed products as well as recommended ones
Past buyers: The dynamic ad will show related products to those previously purchased and items that were often bought together
So after reading this, you are probably thinking, “I need to incorporate remarketing into my digital strategy so I don’t turn out to be the sad, lonely peddler in the introductory analogy…” Great! Here are a few recommended practices to help get you from zero to hero in a flash.
Establish granular marketing lists
The more targeted the original traffic, the better the remarketing response
Use frequency capping and ad scheduling to avoid harassing your audience, not to mention cut down on ad spend
Test, Analyse, Optimise
Overtime, begin to strike out the negatively performing placements and reward the positives
Whether you are an online retailer, a goods or service provider or a B2B marketer looking to improve your ROI, we can help introduce remarketing into your digital strategy alongside a wealth of tools to cultivate your brand.
Talk to Managing Director, Steve Ballantyne. e: email@example.com