Boost Your Marketing Campaign Results: Why Re-engagement is Essential for Brands!
Radinck van Vollenhoven
Investor and Managing Director AUNZ @ RTB House | Global Performance Marketing Solutions
As marketers, we all know the value of attracting potential customers to our websites. But what happens when those visitors leave without making a purchase or taking any action? That's where retargeting comes in, and it's a crucial element that should be incorporated into every brand's marketing mix. Let's explore why retargeting is so important for brands in today's digital landscape.
First and foremost, retargeting allows you to re-engage with your lost visitors. According to industry statistics, on average, only 2% of website visitors make a purchase on their first visit. That means 98% of your website traffic leaves without converting. Retargeting enables you to stay top of mind with those potential customers by displaying relevant ads to them on other websites they visit. By keeping your brand in front of them, you increase the likelihood of converting those lost visitors into paying customers.
Secondly, retargeting helps you optimise your marketing budget. It's no secret that acquiring new customers can be expensive, especially in today's competitive digital advertising landscape. Retargeting allows you to focus your advertising efforts on a more qualified audience - those who have already shown an interest in your brand by visiting your website. This targeted approach ensures that you're getting more bang for your buck by reaching out to a warm audience who is more likely to convert, rather than wasting resources on broad, untargeted campaigns.
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Moreover, retargeting can also help you personalise your marketing messages. With the abundance of data available today, you can create tailored ads based on the specific actions visitors took on your website. For example, if a visitor added a product to their cart but didn't complete the purchase, you can display a retargeting ad that offers an incentive to complete the transaction, such as a discount or free shipping. This level of personalisation can significantly increase your chances of converting those visitors into customers, as it shows that you understand their needs and are willing to offer them a customized solution.
Lastly, retargeting allows you to extend your brand's reach beyond your website. By leveraging third-party websites and ad networks, you can reach potential customers who may not have visited your website but are still interested in your products or services. This expands your brand's visibility and creates more touchpoints with your target audience, increasing the likelihood of conversion.
In conclusion, incorporating retargeting into your marketing mix is essential for brands looking to maximise their online marketing success. It helps you re-engage with lost visitors, optimize your marketing budget, personalise your messages, and extend your brand's reach. So, if you haven't already, it's time to give retargeting a go and watch your conversions soar!
Radinck, thanks for sharing!
"Data is an asset and a revenue generator" Consultant, Angel Investor.
1 年Makes absolute sense Radinck van Vollenhoven
Advertising consultant II Truly personalised advertising
1 年Very well to the point!