Retargeting and remarketing efforts can be a very important part of any business policy. The person who has already interacted or visited your site previously is the one who can be converted easily. Retargeting and remarketing both come up with the opportunity to reach these customers.
Difference between Retargeting and Remarketing
Retargeting
There can be numerous points of view regarding retargeting. Commonly, it is about showing or displaying ads to the users who have visited your site in the past but left without getting converted.When a user visits your site and takes a definite action, you can display ads to retarget him based on the information you got.
Remarketing
Re-engaging your customers with personalized messages/ email can be referred to as remarketing. You can generate leads and achieve your conversion goals by promoting your products in this way. It helps in achieving the level of top-of-mind awareness which you are looking for.
Benefits of Retargeting and Remarketing:
- It Helps You Reach Interested Prospects Only
Reach the people who have shown interest in your services. When you reach different people, you are not sure whether they are interested in your brand or not. But retargeting helps you reach only those interested prospects who have once shown attentiveness to your services.
2. Brand Awareness
Even if you fail to convert your leads into customers, your efforts will not go in vain. It is because you have created an image of your brand by retargeting the same prospects who already know your brand. So your brand will be the first they remember in times of need.
3. Increased Conversion Rates
Interested people are more likely to convert. Let us take an example: If a person comes to your shop for the first time, he is not sure about your services. Say he changes his mind and leaves your shop without purchasing anything. Next time if he decides to purchase something available in your shop, he will remember you. In this way, you can get a customer or a permanent customer if he finds your services helpful.
Here in digital marketing, you are retargeting those interested people, so it is way more beneficial than the given example.
4. Lower Costs
Retargeted ads are cost-effective. You don’t need to display ads on several platforms because it will cost a large amount of money. You already know where your interested prospects are, so displaying ads only to those specific places will save your money as well as your time. Use this time and money for improving other aspects of your business and move a step forward in the direction of success.
5. Keep Pace with Digital Marketing
Digital marketing strategies are evolving with the advancement in technology. Retargeting and remarketing are also among those marketing strategies which may benefit your company. If you are including these strategies in your business plan, you are causing no harm to your business.
Remarketing Services
Remarketing services provide you an easy and structured way to create and bring out fruitful remarketing ads. With the help of these services, you can find an effective remarketing master plan that works best with your budget. Some of the remarketing services are:
- Google AdWords
- AdRoll
- ReTargeter
- Perfect Audience
- Site Scout
- Exact Drive
Google AdWords is the most popular one among all. It offers several ways of remarketing such as:
- It follows customers using a cookie, once the user visited a webpage. The visitor will come across the relevant ads on third-party websites.
- Customers will get banner ads on a third-party website, but it will show previously visited products on visited sites. It is also referred to as dynamic marketing.
- Customers will see the relevant ads in their Gmail.
Conclusion
People abandon buying carts for several reasons, but now it’s your turn to retarget them. You are missing out if you are not doing so. Your products can appear in front of your target audience while they are searching for any information, shopping online, spending time on social media, or watching videos on YouTube. Isn’t it interesting? You are in the eyes of your interested prospects all the time.
Nowadays, people spend most of their time on their smartphones. Everyone is looking for something, and what’s wrong there if you try to attract them to purchase your products and services by knowing what they are interested in. Retargeting and remarketing will not only bring you customers but also make your work easier.
This kind of small investment may give you greater results in the future. You just need to consider your goals and budget because whatever you do, you have to do intelligently. Also, there are different types of remarketing but again you have to choose wisely and accordingly.