Retargeting To Get More Clients
Retargeting is a form of online advertising that targets users who have already interacted with your website, social media, or ads but didn’t take the desired action, such as making a purchase or filling out a lead form.
By using cookies or tracking pixels, you can serve personalized ads to these users when they browse other websites or social platforms, reminding them of your brand and encouraging them to return.
How Retargeting Works
When dealing with anonymous website visitors, pixel-based retargeting helps you reconnect with them after they’ve browsed your website.
How it works:
- 1)
User Visits Your Website
- A potential client browses your website but leaves without converting. - 2)
Tracking Pixel Captures Data
- A small, invisible piece of code called the pixel (cookie) is embedded in their browser. - 3)
Retargeting Ads Appear
- The user sees your ads across different platforms, such as Google Display Network, Facebook, Instagram, or LinkedIn. - 4)
User Returns and Converts
- The repeated exposure increases brand recall and improves the likelihood of conversion.
The disadvantage with pixel-based retargeting is that your campaign revolves around a lower target group. That’s because it relies on how many people visit your website.
Benefits of Retargeting
1. Higher Conversion Rates
Since retargeting focuses on users who have already expressed interest, they are more likely to convert than cold audiences. Studies show that retargeted ads can lead to
10 times higher
click-through rates compared to regular display ads.2. Better Brand Recall
Most users need multiple interactions with a brand before making a decision. Retargeting keeps your brand top-of-mind, ensuring prospects remember you when they’re ready to buy.
Research suggests that 97% of first-time visitors leave a website without taking action.
Retargeting brings them back.3. Cost-Effective Advertising
Retargeting campaigns generally yield a higher return on ad spend (ROAS) since you’re focusing on warm leads instead of broad, unqualified audiences.
Compared to traditional display ads, retargeting can increase conversion rates by 70%.
4. Personalized Marketing
You can tailor your retargeting ads based on users’ previous interactions, making your messages more relevant and compelling.
Dynamic retargeting, which displays the exact products a user viewed, can increase conversion rates by up to 40%.
Best Practices for Effective Retargeting
1. Segment Your Audience
Not all visitors are the same. Divide your audience based on behaviors, such as product views, cart abandonment, or content engagement, and create customized ads for each segment.
For instance, a visitor who abandoned their cart may respond better to an ad offering a discount.
2. Use Dynamic Retargeting
Dynamic ads automatically show users the exact products or services they viewed on your website, increasing the chances of conversion.
Platforms like Meta and Google allow you to set up dynamic retargeting campaigns with ease.
3. Set Frequency Caps
Showing your ads too often can lead to ad fatigue and annoyance. Implement frequency caps to ensure you’re not overwhelming potential clients.
A good rule of thumb is to limit retargeting ads to 10-15 impressions per user per month.
4. Optimize for Different Platforms
Users may browse across various devices and platforms. Ensure your retargeting ads are optimized for mobile, desktop, and social media.
Studies indicate that mobile retargeting ads have a 46% higher click-through rate than desktop ads.
5. A/B Test Your Ads
Test different creatives, messaging, and call-to-actions (CTAs) to determine what resonates best with your audience.
Testing variations in ad copy, images, and CTAs can improve conversion rates by up to 30%.
Retargeting Channels to Leverage
Google Display Network (GDN)
- Reach users across millions of websites with banner and display ads.Facebook & Instagram
- Show tailored ads to previous visitors on social media with highly engaging formats like carousel ads and video ads.LinkedIn
- Ideal for B2B retargeting, allowing businesses to reconnect with professionals and decision-makers.YouTube Retargeting
- Utilize video ads to engage users who have watched your content or visited your site.
Is Retargeting The Same As Remarketing?
Although retargeting and remarketing are often used interchangeably, they are not exactly the same.
Retargeting
Refers to online ad placements that follow users based on their browsing history, using cookies or tracking pixels. This method is common in display advertising and social media campaigns.
Remarketing
Typically involves re-engaging previous customers via email marketing. For example, a business might send an email to a user who left items in their shopping cart, offering a discount to encourage the purchase.
While both strategies aim to bring back potential customers, retargeting focuses on paid ads, whereas remarketing relies on email communication.