Both remarketing and retargeting are essential to any marketing and branding strategy . However, they are different enough to deserve a unique strategy. With that specialized approach, you can start enjoying all kinds of benefits.
Benefits of remarketing
Remarketing is a great way to increase engagement rates and improve relationships with your existing customer base or newsletter audience.
Offering valuable content can strengthen your relationship with your audience. This can be discounts, reminders, newsletters on relevant topics, or even highly personalized campaigns.
For SaaS industries, for canada business fax list example, you can reach out to a big potential client using this Meeting Invitation Template to invite that client to a highly personalized presentation. Once you have the client, you can start a remarketing campaign that continues to provide value and potentially upsell more features to your client.
With a personalized or even holistic approach to remarketing, you can expect these key benefits:
Improve customer loyalty : By offering personalized attention, discounts , recommendations, and value-added content, you can boost your relationship with each customer and encourage repeat sales.
Increase repeat sales Offering special discounts, reminding customers about abandoned carts, and even notifying them about deals (bonus points if you give your subscribers early access to your deal) can help increase repeat sales.
Improves customer lifetime value : A customer who reads your emails and visits your site regularly is not only costly but also very valuable to your bottom line.
Benefits of retargeting
Retargeting is a powerful tool that helps you direct your marketing budget to those who have already shown interest in your brand. It is also very effective. Don't worry about rumors about its negative effects, as they are often exaggerated.
In a study by WordStream, marketers found that remarketing and retargeting efforts had a higher CTR than generic ads. This means that people are still clicking on ads for products they’ve seen before, rather than ads for new, unfamiliar products.