Here’s a scenario that may sound familiar: For one reason or another, you wind up on a certain brand’s website. Maybe you click around for a bit, curious about their offerings. Maybe you peruse their products or even add a few items to your cart. In the end, however, you click away from the website before making a purchase.
But lo and behold, you soon begin to see banner ads or social media ads for the very products you’d just clicked through, and the brand stays near the front of your mind until you’re ready to buy.
That’s called remarketing, and it’s an extremely effective way to market to potential customers who’ve already shown an interest in your product.
If you feel intimidated about getting started with remarketing, you’re not alone — but don’t worry, it is simpler than you think to set up.
In this article, we’ll discuss remarketing (also called retargeting) and why it’s a great way to increase your customer conversions. We’ll also explain three different types of remarketing campaigns and show you how to set them up.
At its most basic, retargeting is an online advertising strategy in which ads are shown to customers who visited your website but left before purchasing anything. This can be done through display marketing (e.g. banner and sidebar ads), paid social advertising like Facebook or Instagram ads, and RLSA (remarketing list for search ads) campaigns.
Pixel-based remarketing (more on this later) is the most commonly-used retargeting method, and the one we’re going to be focusing on today. Still, we’d be remiss if we didn’t mention list-based methods.
With pixel remarketing, you use code to re-display material to site visitors. Thanks to the marvel that is modern technology, this process is highly-automated and timely, with visitors being immediately retargeted once they leave your site.
Less common is list-based retargeting, which can help you convert website visitors who’ve already given you their contact information. It doesn’t have the real-time automation that pixel does, but you’re able to make much more specific ads because you have control over what contact information gets added to each list. Unlike pixel retargeting, you’re in charge of manually maintaining and uploading these lists. This method works well if you already have extensive lists of customers you’d like to target — which is why, if you don’t, pixel-based remarketing is a better place to start.
Short answer: Cookies.
Long answer: Remarketing leverages cookies to follow the web activity of users who visited your site. You put some JavaScript code onto your website (and don’t worry, it’s invisible, unobtrusive code that doesn’t affect your page’s performance) that drops an anonymous browser cookie when a new visitor clicks onto your site. When those visitors browse the web, the cookie tells your retargeting service to show them ads, making them more likely to revisit (and purchase!)
According to Search Engine Land, only about 2% of web traffic to the average site actually converts into sales. That means 98% of the people who looked at your stuff are still out there, in the world, waiting to be converted. Many of them were probably interested in your products but just not ready to buy at the time — so retargeting them with ads is a strategic way to optimize your conversions and boost your sales.
Take Myfix Cycles, for instance. The Canadian bicycle retailer used strategic retargeting by leveraging a combination of Google Display ads and Facebook ads. The display ads brought in a decent amount of new website traffic, but very few new site visitors actually purchased anything. Thanks to a pixel installed on their site, they were able to create a second (and third, and fourth, and so on) touchpoint with those visitors, retargeting Facebook users who visited their site within the last two weeks. It worked: The retargeting campaign earned $15 for every $1 spent.
We suggest you start with a small retargeting campaign to get your feet wet and see what works without blowing a huge budget.
As we saw with Myfix Cycles, we know that — generally speaking — display ads are a decent way to generate website traffic, but Facebook ads typically perform better at converting customers. So with that being said, we recommend you start with a small Facebook ad campaign to start, then expand to include other methods of remarketing. As you start to see profits on your ads, you can increase your daily ad spend.
Ta da! You’re ready to start retargeting site visitors and converting customers.
You may also be interested in setting up a display remarketing campaign — AKA banner and sidebar ads — to retarget visitors who clicked away from your site. This can be effective for brand awareness, as it keeps your brand at the front of your potential customer’s mind. Here’s how you can get started.
You can check out Google’s step-by-step instructions to set up a display marketing campaign if you need more guidance.
Another unique way to remarket to interested customers is to set up an RLSA (remarketing lists for search ads) campaign. In other words, you can customize your search ads campaign for customers who have already visited your site to tailor your ads specifically to them.
It works like this: When someone leaves your site without converting, they are likely to continue searching for what they need with Google. By placing a remarketing tag (similar in principle to a pixel) on your site, you can immediately begin building a remarketing list of site visitors. Then, you can customize your search ads specifically for them — for example, you can show different ads to customers who have visited certain pages on your site, or increase your bid specifically for people who have visited your site within a certain amount of time.
Here’s how to get started with an RLSA campaign:
Because you’re strategically targeting people who’ve already demonstrated some level of interest in your site by clicking through from an ad or search result to your page, remarketing is a powerful way to increase your conversions and — when done right — show you a solid return on investment.