
Retargeting, also known as remarketing, is a form of online advertising that can help you keep your brand in front of bounced traffic after they leave your website. For most websites, only 2% of web traffic converts on the first visit. Retargeting is a tool designed to help companies reach the 98% of users who don’t convert right away.
In its most basic form, retargeting serves ads to people more frequently after they have left an advertiser's website. Some companies specialize in retargeting, while other companies have added retargeting to their list of methods of purchasing advertising. Retargeting helps companies advertise to website visitors who leave without a conversion; this accounts for about 98% of all web traffic.
How Does Retargeting Work?
Retargeting is a cookie-based technology that uses simple a Javascript code to anonymously ‘follow’ your audience all over the web. Here’s how it works: you place a small, unobtrusive piece of code on your website (this code is sometimes referred to as a pixel). The code, or pixel, is unnoticeable to your site visitors and won’t affect your site’s performance. Every time a new visitor comes to your site, the code drops an anonymous browser cookie. Later, when your cookied visitors browse the web, the cookie will let your retargeting provider know when to serve ads, ensuring that your ads are served to only to people who have previously visited your site. Retargeting is effective because it focuses your advertising spend on people who are already familiar with your brand and have recently demonstrated interest. That’s why most marketers who use it see a higher ROI than from most other digital channels.
Examples
A user visits a ‘site A’ sale of computer on which it consults with wireless keyboards, and then leaves this Web site without achieving my purchase. When going to visit a ‘site B,’ advertising displays will fit its focus and offer him a publicity Site with visual wireless keyboards. Retargeting can also offer additional products. For example, after buying a camera on ‘site A,’ ‘site B’ will offer a user another site that advertises camera covers.
When Does Retargeting Work?
Retargeting is a powerful branding and conversion optimization tool, but it works best if it’s part of a larger digital strategy. Retargeting works best in conjunction with inbound and outbound marketing or demand generation. Strategies involving content marketing, AdWords and targeted display are great for driving traffic, but they don’t help with conversion optimization. Conversely, retargeting can help increase conversions, but it can’t drive people to your site. Your best chance of success is using one or more tools to drive traffic and retargeting to get the most out of that traffic.
Criticism
Retargeting is partly in the very criticism. Many users feel spied on when they see exactly displaying banners with pictures of the products that the user has previously viewed daily from an online store. In this context, the retargeting providers’ lack of privacy is also often accused of.