What if someone told you that there was a way to double the efficiency of your advertising, and all you needed to do was implement some code? Would you leap on the chance? You should. It’s called retargeting, and you can implement it through Facebook.
The basic process for advertising is simple. You do research, identify the audience most likely to convert, target that audience with advertising and wait. Users visit Facebook, they see your ads and, if they’re sufficiently interested, they click them. Once they land on your site, most users will read and, if you’re lucky, explore a bit. Some few will convert on the spot, though that number is probably low. With analytics, testing and audience focusing, you can maximize the number of immediate conversions.
What about everyone else? All those people who were interested enough to click your ad, but not interested enough to stick around? All of those people are potential conversions, but you just have to hope they remember to come back later and buy.
Retargeting works the same way as normal advertising, with one small difference; when the user visits your page through your ad, they’re tagged with tracking code. If they leave without converting, that code sticks with them and adds them to a custom audience.
Using Facebook ads, you can then display your ads directly to those people who left without converting. This often reminds them about their potential purchase and gives them another chance to buy.
The trick is to make sure the retargeting code only hits the people who progress far enough in your conversion process to truly express interest, rather than anyone who clicks your ad. Retargeting the people who bounce immediately doesn’t help you. General advice holds that you should put the retargeting code – Facebook’s tracking pixel – on a page beyond the product page, such as the add to cart page.
There are a number of different ways you can use retargeting.
First, it works to generate a form of brand awareness and potential loyalty. A user sees your ad and clicks through, and they’re tracked. You display your ad to them again later, encouraging them to come back. They do so, and even if they don’t convert again, they’re much more likely to remember your brand and your website. After a few cycles of this, they’re fairly likely to become regular readers or accidental brand advocates.
Second, retargeting continues the interrupted conversion process. It’s a way to combat the abandoned cart. It turns the decision to leave into a decision to leave temporarily. Each time a user is reminded of the purchase they almost made is a chance they have to come back and finish the conversion. Obviously, paying customers are much more likely to give you repeat traffic, as they check on the status of their order, product news, developments and other business issues. They’re invested in you, on a small scale, so they’ll keep coming back.
Third, you can retarget paying customers. If someone visits your site and buys a phone, they become a target for related purchases. You can retarget them later and offer them replacement chargers, decorative cases, screen protectors and cleaning cloths. Anything you offer that happens to be complimentary can be the subject of a retargeted ad.
On that note, you can use ads of a different sort for retargeting. For example, you have the product retargeting of the related purchases. You also have informational retargeting. A user buys a phone and a phone case, you can retarget them with an ad for your blog post about putting a phone in a case. You can direct them to articles about essential apps, instructions to root the phone or ways to lower their phone bill. Anything you think they might latch onto is a potential subject of an ad that directs their traffic to your site in a non-commercial way.
Another way you can use retargeting is with a promotion that only appears for retargeted users. They visited once and something turned them away. Maybe it wasn’t the right time for them to buy. Maybe they didn’t want to preorder and instead wait for release. Maybe the price was just a bit too high. In this last case, you can direct them to a landing page specifically for them, limited by session or origin in some way. When they visit, a message just for them – and other retargeted users seeing the same ad, of course – will appear and offer them a deeper discount than you might offer to the general public.
One craft ideas only works when you have a local business and offer WiFi or an in-store connection, app or other form of local content you control. Tie your retargeting in to a mobile campaign. Ask users to check in via Facebook to see special offers. If they’re general users who aren’t part of your retargeting audience, off them the standard deals. If they’re part of your retargeting list, particularly if they expressed interest in particular items, you can offer them a promotion on that item. Sometimes even just reminding them of their previous intent to purchase is plenty. This further helps you tie together an online ad campaign with a mobile in-store campaign.
Retargeting is powerful, but it’s also transparent when done poorly. A user visits your site and then, an hour later, sees your ad on Facebook; they’re going to know immediately that they’re on a list. Many users react poorly to that.
Retargeting is a great bonus to your existing ad campaign, particularly if you implement it properly. There’s virtually no end to the profit and traffic you can generate with skilled retargeting.
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