By Adam Witty
Remarketing is a powerful online advertisement strategy, targeting the consumers who already showed interest in your product. Instead of seeing online ads that are completely irrelevant to them—which used to be a lot!—they see you.
Innovations in technology have completely transformed how we, as business leaders, can market our services, making it easier than ever to reach your ideal audience. This contrasts starkly with the overbroad marketing efforts of yesteryear (Sorry, Don Draper).
With remarketing, you can target those who were on the brink of converting (becoming a paying customer), but stopped just short. This not only allows you to re-engage lost visitors, but increase brand awareness. So, how do you do it?
Remarketing hinges on a little thing called “cookies”—not of the chocolate chip variety! First, let’s explain what a cookie is. An internet cookie is a simple text file that is stored in the web visitor’s device when they enter your website. This text file contains information about their behavior on your site.
Cookies tell marketers:
What pages the consumer visited
What products and services they looked at
How many pages the consumer looked at
How long they stayed on the site
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This ad might be personalized in some way to the particular visitor seeing it. The way it’s “personalized” depends on how that user behaved when visiting on your site. Let’s see remarketing in action:
Lola visits Target.com. She puts a lamp, a bedspread, and a blouse she loves in her shopping cart. She doesn’t purchase any of them, closes the tab, and forgets about it. Lola is prime for a remarketing campaign, if Target has such a campaign in place.
Lola is reading a gossip news site a couple nights later—in the margins, she sees the same lamp, bedspread, and blouse she’d selected in a banner ad for Target. All Target has done is present Lola with the same items she already liked, putting them back in her line of sight.
It’s a simple truth: Consumers usually don’t make a purchase or dial a phone number their first time visiting a website. But now, they’ve shown some degree of interest in your product. That’s more than you can say for Joe Schmoe, who has never visited your website, has no use for your product, and should in no way account for any of your ad spend. When you zero-in on your “lost visitors” and court them until they convert, this is one of the smartest possible uses of your marketing budget.
Remarketing: a smart strategy
I’ll be frank—remarketing can feel a little weird to consumers. When you’re wearing the hat of consumer, you may find it odd, too. It certainly raises a few eyebrows, with consumers wondering, “How do they know I looked at that product? Why am I seeing it again now?” But once you put on the hat of business owner and marketer, you understand why companies employ this strategy.
Remarketing has proven indispensable in the ad game. It allows for increased user touch points, drives repeat traffic to your site, and increases brand recognition and awareness. In practice, you begin to appreciate just how intricate the process is.
This article only serves as an introduction to the concept, which can be employed on the web, social media, and other platforms. Every remarketing strategy is a little bit different, depending on the nature of your business and what you offer. It can actually be exciting to tailor a remarketing campaign to your business, reviewing the behavior patterns of web visitors to determine who is ripe for retargeting.
If you don’t have a remarketing campaign in place, it’s time to consider one.
About the Author
Post by: Adam Witty
Adam Witty is the founder and CEO of Advantage | ForbesBooks, the authority marketing specialists. Working with business entrepreneurs and professionals to elevate their brands and grow their businesses through publishing, he has built the company into one of the largest business book publishers in America, serving over 1,000 members in 40 U.S. states and 13 countries. Adam is also a sought-after speaker, teacher, and consultant on marketing and business growth techniques for entrepreneurs and authors.
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