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Retargeting: How to boost the ROI for your online advertising

Discover major goals and tips to optimize retargeting ads

Retargeting is an important digital marketing strategy to reach an audience that is more likely to convert. If you have questions on how this works or why it can be useful for your online business, keep reading till the end.

What is retargeting (or behavioral retargeting)?

  • Serve ads to your website visitors who have not taken a specific action
  • Target those who have shown interest in your brand, its products/ services
  • Use insights from their online behavior – pages visited, time spent, links clicked

How is it different from remarketing?

  • Retargeting uses paid ads whereas remarketing uses email campaigns

5 major goals for retargeting

  • Awareness: Inform visitors about products/ features/ announcements
  • Conversion: Get them to take the next step (such as form submission)
  • CLV: Increase customer lifetime value by nudging them to buy more
  • E-commerce: Decrease cart abandonment by sending a reminder
  • Product launch: Help your customers easily discover new products

How does retargeting work?

  • Add a pixel tag (short piece of code) shared by the ad network to your website
  • This uses browser cookies to include website visitors in your retargeting list
  • They will see your ad when they visit sites that run ads from your network

4 types of retargeting ads: Display, native, search, social media.

4 tips to optimize your retargeting ad campaigns

  • Incentivize your audience with special offers not available to them before
  • Limit number of ads served to the same user to avoid losing a potential customer
  • Display personalized ads (dynamic retargeting) to e-commerce visitors based on products they viewed
  • Optimize costs by analyzing which devices/ OS/ geographies have higher conversion

Our
handpicked quote

The average click-through rate for retargeting ads is 10X that of a typical display ad.

Source: Wishpond

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