Startup Tips
Startup Tip #11: Use ad retargeting to convert visitors
Episode Summary
Startup Tip #11: Use ad retargeting to convert visitors
https://baremetrics.com
Episode Notes
- Retargeting is a mystical world of unicorns and fairies...clothed in a shroud of banner ads.
- If not used properly, you can blow through thousands of dollars in no time and have no new customers to show for it.
- What is this mystical banner-ad-shrouded retargeted unicorn you speak of?
- Retargeting is a type of online advertising that resurfaces your brand/product around the web after a user has visited your site.
- It’s the whole scenario where you go to the Cinnabon site to check out the new Cinnabon Bites and then you go to Facebook 3 days later and there’s a huge picture of cinnamon roll in your news feed.
- In our example your app is a gooey taste piece of bread slathered in butter, cinnamon and sugar.
- The concept here is that once you’ve express some level of interest in a product
- (As indicated by your visit to the site)
- You’re much more likely to become a paying customer.
- Retargeting effectively optimizes your banner ads.
- Retargeting, as with any form of advertising, won’t work for everyone.
- But you’re potentially leaving a cost-effective acquisition channel on the table.
- So, give it a try and see how it works for you!