How to Put Together An Effective Remarketing Strategy
Remarketing is an incredible marketing tool. Before the days of the internet, if someone came into your store, browsed, even picked up and really considered a product, but then left without purchasing, there was no way to guarantee you’d ever see them again.
However, remarketing allows you to reach out to those prospects who are on the fence. When someone browses your website but doesn’t convert, it’s now possible for you to pop up again in their field of vision through the power of remarketing! You can target them with your advertising on other websites, and hopefully staying top of mind will eventually lead to that much-desired conversion.
This already sounds like a pretty great marketing tactic, right? It is, but there are ways to build a remarketing strategy that can take your efforts to the next level and get even more conversions from interested prospects. Here’s how you do it.
1. Set Goals
As with any great marketing campaign, an effective remarketing strategy starts with goal setting. What are you trying to do with these ads? This will depend on the kind of business you run. If yours is an e-commerce shop, selling relatively inexpensive items, you might be looking to get someone to make a purchase.
However, for those who run businesses with longer sales cycles—for example, a B2B consulting firm—your ideal conversion might not be a sale. Instead, it might be getting someone to give their email in exchange for access to a free ebook.
No matter what kind of business you run, it makes sense to set really specific goals for each remarketing campaign. Rather than creating one ad that you hope will serve various audiences, it’s best to establish a handful of specific goals and then create different ads that speak to each goal.
2. Decide Where You Want to Advertise
Remarketing can be done via search engines like Google or through social media sites like Facebook. Once you’ve established your goals, you can begin to think about which platforms make the most sense for your ads.
The major benefit to advertising on social media is that you are likely to get likes, shares, comments, and reposts from interested people (and since you’re retargeting your messaging to those who have already been to your website, you know they’re already interested in your brand!). Search engine marketing, however, will follow your customers across any websites that are ad partners with the search engine you do business with. This means that your audience will be greeted with your advertising across the web, not just on the social media site you’ve selected.
There’s no need to limit yourself to one platform. There’s often a huge benefit to being seen multiple times by your audience. Most people need to see a brand seven times before they decide to engage with them, so the more times you can get your name in someone’s field of vision, the better.
3. Define Your Audience
Once you’ve come up with your set of goals, you can begin to define and segment your audience. Let’s say you own a clothing store that has both a brick and mortar and e-commerce presence. There are a number of ways, then, that you can and should break down your audience.
You can segment and target based on location. For those people who have visited your website and live within a certain radius of your store, you can target them with advertising about your brick and mortar location. These ads, of course, are not relevant to people living on the other side of the country, so those folks should instead be targeted with advertising specific to your e-commerce offerings.
Those who have visited your store and browsed your men’s clothing options, you can retarget with messaging specific to your menswear options (and you can target those interested in women’s clothing with those offerings). You can even retarget customers who have taken specific actions on your website. For example, you can set your campaign to only show to customers who have put items into their cart on your site and then navigated away without completing the purchase.
The goals you set for each campaign will inherently be aligned with a specific audience. Defining the audience for your campaign early on ensures that your advertising is only being shown to the most relevant people, meaning you’ll get the greatest ROI on your campaign.
4. Set Your Creative
Once you’ve set goals and decided on your target audience, it’s time to settle on your creative. A huge part of creating great content is understanding your audience and speaking to them in your brand’s voice and tone.
There are also tools that help you to optimize your approach when it comes to content. If you’re running your remarketing campaign through Google, you can use responsive ads. With responsive ads, you input your various creative elements—different headlines, copy, and images—and Google runs them in various combinations so that they can learn which ones are most effective. From there, they’ll run the best-performing ads on your behalf, to give your ads the greatest shot at success.
5. Run Your Ads and Track Results
The final step is to get your ads up and running! Fortunately, advertising platforms provide detailed analytics so that you can accurately measure the results of your campaigns. The analytics allow you to measure engagement and conversions on each ad. Armed with this information, you can tweak your strategy as you go.
If there are certain ads that aren’t doing well, consider changing up the creative. If there are certain websites where retargeting is not effective, you can ask that Google not show your advertising on those sites any longer. Being willing to pivot and change tactics along the way is a huge part of finding long-term success with your retargeting efforts.
Remarketing is an incredible opportunity for you to recapture the attention of consumers who have already shown interest in your brand. When you take things step-by-step and develop a real strategy for reaching out to various segments of your audience, you can create campaigns with a great ROI.
If you liked this post, check out our Small Business Guide to Paid Search.
Order your copy of
The Self-Reliant Entrepreneur
by John Jantsch
“A book that deserves a spot in every entrepreneur’s morning routine.”
—Ryan Holiday, #1 Bestselling Author of The Daily Stoic and The Obstacle is the Way