Your company is leaving business on the table. With a smart retargeting strategy and execution you can help recover lost sales and increase your social media followers.
Don’t like reading? Click here to watch our video on retargeting for the hotel industry.
No matter what industry you’re in there are customers who leave your site without making a purchase, booking a room, or putting in their information. Every business would love to capture more leads or get more potential customers in their funnel. An easy way to do this is to implement a retargeting advertising campaign.
What is retargeting?
Retargeting is just a phrase for those ads you see after visiting a website or social media page without buying anything.
Why should we implement retargeting?
Studies show that it usually takes someone seeing something SEVEN times before they can actually recall it. If you’re running an ad or someone finds your site via google and you can’t convert them right then you probably won’t. UNLESS you can keep hitting these potential customers with ads and offers to keep their attention.
Is it Hard? How do we do it?
Back in 2010 retargeting was a lot more difficult than it is today. Thankfully like most things Facebook has made it pretty simple to implement a retargeting strategy. As long as you’re familiar with Facebook’s ad platform (not just boosting posts) you can set up retargeting ads in a matter of a few minutes.
Having a good strategy behind your ads is the hard part. Many companies just throw up pictures and a discount to try and lure people back. That can work but more often than not, it wasn’t simply price that kept someone from taking action. Your business needs to think through objections and try to find patterns of people leaving your website in your analytics to come up with a winning strategy to help you get these customers back.