What will you be reading about in this article?

According to a survey done by MailChimp, it turns out that 97% of the new traffic who visit a website for the first time without taking action never revisits the site. Unless they are brought back using a commercial or an ad. As sales and marketing go increasingly online every passing year, brands have now started to track, locate, target, nurture, and convert that 97% of the traffic using various marketing strategies.

Remarketing is one such phenomenal marketing policy that is taking the digital marketing ecosystem for a spin.

Although a user becomes somewhat less likely to click on a remarketing
ad over time, those who do click are more than twice as likely to convert.

– Larry Kim (Founder, VP Marketing, Mobile Monkey)

What is ‘Remarketing’?

Remarketing, or Retargeting is a universally common digital marketing practice carried on by marketers to acquire clients who are already familiar with the brand or company by tactfully serving targeted ads. Technically, this is done by placing a cookie into the user’s browser by adding a JavaScript tag, also known as a pixel.

The process of remarketing

What does remarketing bring to the sales table?

The graph above shows the impact of remarketing on conversion rate

Remarketing is beneficial for both the audience and the business. Remarketed ads increase the possibility of your visitor clicking to the landing page and taking action. This drives sales on webpages, promotes brand awareness among engaged audiences, and ultimately increase your ROI.

Guides users for a seamless sales funnel

Remarketing attracts visitors by creating a desire and facilitates their transition to the next step of the sales conversion funnel. If a visitor leaves the website without taking any actions, an immediate retargeting ad can lead the visitor back to the product page, further paving the way for buying. This move has the potential to incentivize traffic into increased revenue.

#Fact – Website visitors who
are retargeted are more
likely to convert by 43%.
[Source: Criteo]

#Fact – The CTR of a
retargeted ad is 10x higher
than that of a typical display
ad. [Source: Wishpond]

Increases the relevancy of ads

Remarketing fits into the preferences and needs of each user. Personalized remarketing ads provide increasingly relevant offerings that raise the chances of re-engagement. Dynamic advertising automatically adapts content, layout, portal, and promotion style specific to each user, ensuring that each user is exposed to the most relevant content. They both fused together increases the richness of marketing campaigns, resulting in deeper user engagement and higher marketing ROI.

Target wide range of customers

Remarketing increases conversion by 25%, as customers who see retargeted ads are 70% more likely to convert on your website. This is a result of the CELL PHONE THEORY, coined by the Duke University. This claims that when users are busy strolling across multiple platforms, they subconsciously consume information around them. What that means for you is that it’s highly likely people will remember your company by merely remarketing to them.

#Fact- 91% of marketers
have found remarketing to
perform better than display
ads. [Source: IAB]

#Fact- – 47% of consumers
say that they would sacrifice
privacy to get a better deal.
[Source: Pew Research Center]

Improves user experience leading to better branding

As the number of marketing platforms multiplies every day, businesses benefit from reaching out to users across various media. The modern-day customer is exceptionally conscious and specific about their user-experience. Brands are increasingly establishing interpersonal relationships with their audience by satisfying their buyer-psychology. It increases visibility and top of the mind awareness for the brand and makes users integral to the brand’s business ecosystem—personalized, relevant, and timelier content up the online experience.

Types of remarketing campaigns

Remarketing can be broadly classified into five primary categories

1. Standard remarketing

Standard remarketing encompasses search remarketing, display remarketing and social media remarketing.

• Search remarketing

Ads are shown at the top of the search engine when someone who has already visited your website searches for specific keywords.

• Display remarketing

Ads are shown as display ads on other websites within the google display ad network.

• Social Media Remarketing

Leveraging Social media platforms like Facebook, Instagram, LinkedIn, Pinterest and other portals to serve ads to people who have visited your website.

2. Dynamic remarketing

Dynamic remarketing displays ads to your previous visitors with products or services that they viewed on your website but did not take action on. These ads are tailored explicitly around their buyer-behavior and include customized messages. If a visitor spent some time on the pricing page, a dynamic remarketing ad must center around pricing, maybe offering them a free trial offer or a discount. Ecommerce website dynamic remarketing ads should include the shopping item(s) left on their cart. Dynamic remarketing can also show ads to visitors who browse your blog site and persuade them to buy a related product or service.

A product ad being remarketed to a user based on the browser history

ABM campaigns are a form of dynamic retargeting. It is a focused approach to B2B marketing in which high value best fit accounts are targeted through various dynamic remarketing strategies to them into customers. DataCaptive™’s ABM campaigns have boosted the sale returns of 70+ companies by 4X, globally.

Hit your value leads before they become a missed contact.

Avail our ABM service today!

3. Remarketing lists for search ads (RLSAs)

Offered exclusively by Google AdWords, this strategy allows you to customize your search ad campaigns for visitors who have been on your webpage. Google lets you tailor your bids and then shows ads to visitors on google or other partner search sites. This is for visitors who exit the website to look for similar solutions in the search engine.

4. Video remarketing

In video marketing, pre-roll video ads are shown on YouTube and their social media platforms to people that have previously visited your site or have recently seen your videos. Display remarketing ads on YouTube are played at the beginning or in-between videos with potential customers where they can skip. You can also display remarketing ads on the right-side along the line of video suggestions.

5. Customer list remarketing

Social media marketing and Google AdWords give you access to the log-in details of your customers. Customer List Remarketing shows them ads across different websites or on their social platform when they sign into Google or that specific social media site.

6. Email remarketing

Email marketing enables you to identify and nurture prospects better. Email retargeting is not only affordable but also convenient to communicate with a large customer base. There are two techniques for email remarketing-

• Displaying marketing ads across different websites after a visitor opens your promotional email.

• Sending commercial and promotional follow-up emails to visitors who have left your website without taking action to convince them to come back to your website and take action.

Actionable email campaigns benefitted 1000+ companies. And counting more!

Build a stronger business network today!

Actionable email campaigns benefitted 1000+ companies. And counting more!

Build a stronger business network today!

Some of the best B2B remarketing campaigns

1. HubSpot

HubSpot targeted small- to medium-sized businesses on LinkedIn by creating sponsored content to appear on their target audience’s newsfeed. This was informative for the clients, as well as brought new leads to HubSpot. It resulted in 400% more lead generation.

1. HubSpot

HubSpot targeted small- to medium-sized businesses on LinkedIn by creating sponsored content to appear on their target audience’s newsfeed. This was informative for the clients, as well as brought new leads to HubSpot. It resulted in 400% more lead generation.

2. Drift

Drift is a “conversational marketing” platform that uses chatbots and customized marketing to help businesses connect with potential customers, gather leads, and convert sales.

2. Drift

Drift is a “conversational marketing” platform that uses chatbots and customized marketing to help businesses connect with potential customers, gather leads, and convert sales.

3. Shopify

https://www.facebook.com/watch/? v=10153470972006881&extid=HhqyvHhUJyXVR4Yc

It was a fun video posted in their Facebook handle, which got many clicks and website registrations. To view the full video,visit https://www.facebook.com/shopify/videos/10153470972006881/?extid=HhqyvHhUJyXVR4Yc

4. Upwork

To view the ads, visit https://youtu.be/f6eDdJ0PeQY

Upwork’s “Hey World” campaigned tapped into the pop culture world and reached millions of target audience. This resulted in a 10% increase of registration and sale since the campaign launched.

4. Upwork

To view the ads, visit https://youtu.be/f6eDdJ0PeQY

5. Dropbox for business

5. Dropbox for business

Best B2C remarketing campaigns

1. Amazon

2. Grammarly

2. Grammarly

3. Booking.com

4. WordStream

4. WordStream

Key take away points to summarize

Remarketing is the process of acquiring the online traffic that your website got and converting them into paying customers.

There are five broad categories of retargeting, namely- standard retargeting, dynamic retargeting, video retargeting, email retargeting and remarketing list for search ads.
Remarketing has ample benefits like- better customer targeting, higher returns, better branding, seamless sale conversions and easy customer acquisition.
Marketing automation tools play a crucial role in remarketing as it gives an easy way to carry out multi-channel marketing strategies.
Many fortune 100 companies like HubSpot, Amazon, WordStream, H&M and Spotify have integrated remarketing to excel sales.