Retargeting ads remain targeted at the potential customer. If you ever went to a website without buying, then you have surely seen this type of ad. They remind you of products or services you viewed earlier. In this guide, we guide you through how retargeting ads work, why they are important, and how to set up retargeting ads.
What Are Retargeting Ads?
Retargeting ads show you to users who visited your site. But it was the visitors that didn’t convert or take the desired action in this case. These ads “follow” the users around on the web. You will usually see them while surfing elsewhere or using social media.
Why Retargeting Ads Matter?
Retargeting ads form the most crucial aspect of modern strategies in marketing. They remind the customers of their previous interests. Furthermore, it keeps your brand in the forefront of their minds. The second reason is that retargeting ads can significantly improve conversion rates. Visitors who see the retargeting ads are bound to return and convert.
Types of Retargeting Ads
There are two types of retargeting ads, which include list-based and pixel-based.
- Pixel-based Retargeting: This targets users who have visited your website. You place a small pixel on your website. As the user bounces off, the pixel stimulates retargeting ads. The user will then find your ads as they surf other websites.
- List-Based Retargeting: This sort of retargeting is based on email. This typically means you can upload a list of email addresses to the ad network, and then it serves ads to users whose email accounts match some of the accounts on their networks.
How Retargeting Ads Work?
Getting retargeting ads up and running doesn’t have to be complicated; here’s a step-by-step how-to guide for first-timers.
- Set Your Retargeting Goals
Define your retargeting goals. Do you want to increase sales, create more leads, or perhaps raise the level of brand awareness? Each of these will create your retargeting strategy.
- Target Your Audience
Choose the audience you want to target. With pixel-based retargeting, you are targeting non-converting visitors. The further specification would be users who visited certain pages.
- Create Engaging Ads
Your ads should capture attention and remind the user of their interest. Your ad should contain a clear call-to-action or CTA. A CTA encourages users to return and complete their purchase or action.
- Set Up Your Campaign
You can create retargeting campaigns on Google Ads, Facebook, and Instagram. To proceed and make use of Google Ads in Nigeria, you must be logged into your Google Ads account. You need to select your audience and create your ads, and you’re all set with your budget.
- Monitoring and Optimization
This should be done after the launch of the retargeting campaign. Inspect the key metrics that include click-through rates and conversion rates. If these are not the best scenario, it is about time to make some adjustments in terms of ads or targeting the appropriate audience.
Benefits of Retargeting Ads
Retargeting ads bring numerous benefits to add value to your marketing strategy. Here are a few reasons why they’re so powerful:
- Higher Conversion Rates: Retargeting ads tend to have higher conversion rates. The chances of converting potential customers who have already shown interest are much more likely.
- Improved Brand Recall: Retargeting ads remind your brand to users. The viewers see your ads on other platforms, thus making the probability of recalling your brand higher for those viewers.
- Cost-Effective Advertising: The retargeting ads are cost-effective. You only show the ads to users who are already interested because the ad spending gets more efficient.
- Customizable and Flexible: It becomes quite easy to make adjustments to retargeting ads as the behaviour of users changes. To add to this advantage, you can split your audiences and display different ads to them.
Best Practices for Retargeting Ads
Retargeting ads are powerful only if properly implemented. To achieve success, take heed of the best practices as follows:
- Set Frequency Caps: Do not spam users with your ads. Implement frequency caps so the user will not be bombarded too many times with the same ad.
- Use Dynamic Ads: Dynamic ads are adjusted according to the user’s behaviour. In case a visitor is browsing for a product, later, on some other page, they may see an ad for the same product.
- Segment Your Audience: Target the users with an action. For Example, people who added items to their cart need different ads than those who simply browsed.
- Offer Incentives: Give users a reason to return. Discounts, free shipping, or limited offers should be placed in your ads.
Retargeting Ads in Nigeria
Retargeting ads are increasingly taking the digital advertising in Nigeria. With the increase in online shopping and a high impalement of the internet, today many businesses have a space for retargeting. However, when you partner with a digital marketing agency in Nigeria, they will be able to help you set up effective retargeting campaigns.
Additionally, a digital advertising agency in Nigeria can facilitate the expenditure management of your ad budget and optimise campaigns. Retargeting adverts are an excellent means through which businesses can keep customers in mind, making them relevant even in the most competitive markets. However, if the right strategies have not been adopted, you will surely make a big splash.
Conclusion
Retargeting ads are among the strongest tools which keep potential customers engaged. Any perfect digital marketing in Nigeria strategy should have it as an element. Knowing how retargeting operates lets you produce more efficient campaigns. Furthermore, setting goals, selecting the right audience, and creating arresting ads matter. Track your results and make all the necessary adjustments. Therefore, act now and start using retargeting ads today.