When designing marketing strategies to bring existing and interested customers back to your business, you may find yourself comparing retargeting vs. remarketing. Both are effective ways to re-engage warm prospects who have already shown interest in your brand. And while there is some overlap in these two strategies, there are also key differences in the specific tactics used to drive customers into your sales fuel.
Let’s compare retargeting vs. remarketing and look at the definitions of both to see what is right for your brand.
Retargeting and remarketing are both lead nurturing tactics that help support a complete customer lifecycle marketing plan. They each put your brand back in front of warm audiences and drive leads and customers into your purchase fuel.
Retargeting and remarketing are similar because have the same goals:
The differences between retargeting vs. remarketing are in the tactics used to accomplish these goals.
Let’s look at the complete retargeting and remarketing definitions to dive deeper into the differences between these two types of targeting in marketing.
Retargeting is the process of identifying people who have taken some action online (ex. visited your website or social profile) and then targeting them with digital ads. Retargeting delivers online or display ads to audiences based on their past behaviors or interactions with your site, such as the pages visited or the time spent on the site.
If you have ever visited a website and then later saw an ad for the brand while visiting another website or scrolling through Facebook, you’ve experienced retargeting.
Retargeting works by adding a pixel to a brand’s website. The pixel captures data about the people who visit the website and what they do on the site. The data is used to create audiences based on those interactions, and the audiences are then targeted through Google display or social media ads.
Here’s an example of a retargeting strategy for a clothing brand:
According to a study by ReTargeter, only 2% of website visitors convert during their first visit to a website. Retargeting solutions enable advertisers to drive audiences back to a website so that they are more likely to convert. Consumer goods company Kimberly-Clark saw a 50% to 60% conversion rate from website visitors who were retargeted.
Only 2% of website visitors convert during their first visit to a website.
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Remarketing refers to the process of reaching out to current or past customers and re-engaging them based on their previous purchases or actions. Remarketing typically uses email to recoect with audiences. Having a customer email list is required for remarketing, whereas it is not needed for retargeting.
The definitions of remarketing and retargeting can be a bit confusing because remarketing is sometimes used as a broad term to include both remarketing and retargeting tactics. Click & Tweet! For example, Google refers to its retargeting ad tools as Google Remarketing Tools.
But for the most part, remarketing specifically refers to the tactic of recoecting with current or past customers through email. Often, remarketing is used as part of a larger retention marketing strategy.
Remarketing examples include sending emails that:
Like retargeting, remarketing is also an effective way to drive conversions from warm audiences. eMarketer reported that 81% of customers were at least somewhat likely to make additional purchases as a result of targeted emails, and Campaign Monitor found that segmented email campaigns could drive a 760% increase in revenue.
Segmented email campaigns have been shown to drive up to a 760% increase in revenue.
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When comparing retargeting vs. remarketing, remember that both have the same goal: Reengage and nurture audiences who have already shown interest in your brand.
The difference is in the marketing strategies they use to re-engage these audiences. Retargeting uses ads to reach people who visit your website or social profiles and take a certain action. Remarketing uses email to reach current or past customers.
The main difference between retargeting and remarketing is the marketing strategies used to re-engage audiences.
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So which one is right for you? It depends on the types of market segmentation you’re using and the goals you have.
Try retargeting if:
Try remarketing if:
At the end of the day, when it comes to retargeting vs. remarketing you don’t have to choose. You can use both strategies at the same time to maximize your results and drive even more interested prospects into your sales fuel.
For more ways to build a holistic, healthy sales fuel that reaches customers at every phase of the buyer’s journey, check out our Customer Journey Mapping Template. Then, sign up for a free trial of Alexa’s Advanced Plan to get keyword, audience, and content research tools to help inform and guide your strategies.
The post Retargeting vs. Remarketing: What’s the Difference? appeared first on Alexa Blog.
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نویسنده: فیلم ساز