The internet is a noisy place. With numerous social networks, search engines, and popular websites, it can be difficult to remain visible to potential customers. While services such as Google AdWords help businesses acquire new customers via search, retargeting keeps your brand front-of-mind on the sites web users love most. In this post, we explain what retargeting is and how to use it to help your business gain new leads and customers.
What is retargeting?
Retargeting is a type of paid online marketing that targets potential customers based on their previous web-based actions. Visitors to sites that have implemented retargeting are tagged with a cookie or pixel and are later served image ads about that company to entice them to come back and make a purchase.
Have you ever visited a hotel website or shopped for products online and later saw images advertising these businesses as you surfed the web? That’s retargeting.
You also may have heard the term “remarketing.” This is simply retargeting via Google and their partner sites. Google is the company serving the ads and the type of advertising is called retargeting. This can be a bit confusing but don’t fret! They are not two different types of advertising. That said, many marketers are now using these terms interchangeably.
What are the benefits of retargeting?
The rule of thumb with eCommerce is that only 2% of users make a purchase when visiting an online retailer. Retargeting enables you to remain front-of-mind among the 98% of visitors who spent time on your site but did not convert during their first visit. Unlike traditional advertising, you can customize your ads to specific types of users via retargeting. For example, you can serve ads showing specific items from abandoned shopping carts to encourage potential customers to come back and make their purchase. You can also keep current and former customers interested in your brand by showing them ads for customer loyalty programs and other special offers.
I’m already using paid search. Isn’t that enough?
While implementing paid search on Google and other search engines is a great place to start with paid online marketing, it is important to be where your customers are as often as possible. This means having a presence on search, social, and the websites your potential customers visit.
Consider this: say a potential customer visits your site via a Google AdWords ad, looks around a bit, but does not make a purchase. This visitor later sees image ads for your business while surfing the web and/or social media and remembers that they were interested in your products. This user is significantly more likely to come back to your site and make a purchase than if they had seen your content via AdWords alone!
Do you have retargeting success stories to share? Join the conversation in the comments section below! Contact us today to kick off your retargeting campaigns. We look forward to working with you!