As society becomes increasingly engaged by the convenience of online shopping, a process of recapturing the customer needs to be present. Therefore, ad retargeting works to draw potential customers back in by reminding them of a website or products/services they’ve recently viewed.
Retargeting vendors such as AdRoll use these lists to display retargeting ads to potential customers as they visit other websites. According to AdRoll, generally 2% of shoppers convert on the first visit to an online store. Retargeting helps bring back the other 98%.
Ad retargeting is a great way to help companies re-engage visitors and increase conversions to obtain sales goals or objectives. Using retargeting, companies can serve promotions and offers to individuals even before they reach the transaction stage. This encourages visitors to complete transactions which also help increase conversions and sales.
The most effective approach to retargeting is segmenting ads by what visitors are viewing online and then serving them promotions on the same or similar products. Creating ads that are relevant to what a customer is looking at will help create a stronger connection and, ultimately, increase interaction. Most importantly, the ads should be creative, appealing, and inspire customers to take action.
Now that you know how retargeting works, be prepared to see it everywhere! Learn more about the online advertising options available to your business, visit www.mill-im.com/marketing-services/online-advertising.
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