Search Retargeting & Display Advertising working together
For many companies their entire online advertising strategy relates to search. They purchase related keywords, phrases, branded text and competitor names in the search engines on a pay per click model or PPC. For some, the pay per click search advertising model works very effectively, but for others companies where the click of a consumer doesn’t convert it can be very expensive running lead generation or direct response campaigns on Google Adwords, Yahoo Search Marketing, Microsoft Advertising or any other pay per click network. For those that fit the later, search retargeting using search data with display advertising is a strategy which will help reduce some of the churn and increase conversation rates.
Search retargeting is a Behavioral Targeting technique where a user who searches and clicks on your text ad is taken to your landing page. At this time, using a cookie we record the search term and any related information needed on the user’s machine, ie such as the campaign or category. Then when that user hits a site within the Gourmet Ads network we serve relevant display ads to a user based on the search query and behavior made earlier on the landing page.
We can even go one step further. For those consumers that go deeper in the transaction and don’t complete it we can server a separate cookie indicating this. So if they save their shopping cart and don’t complete, we could for 30 days target them to return to the site and complete the transaction at a given discount. So for say the first 7 days we could offer 5% off through to 20 days offer 25% discount to encourage them to return. You might even want to run a campaign about a product they added to their cart. The ideas are endless. Think of search retargeting as the ability to continue to talk with your target market after they initially left your landing page or ecommerce site.
Because you’ve already established a relationship with the consumer and they are pre-qualified, the conversion rates are much higher than simply running a display advertising campaign. The key however to running a search retargeting campaign is going wide with as much inventory as you possibly can. By running a search retargeting campaign with Gourmet Ads we not only can provide our inventory, we can also back onto the inventory with our media and ad serving partner Adify to extend the reach of your campaign. This is an essential part of any search retargeting campaign.
Continue to talk with your target market with Search Retargeting
Sure the CPM rate will be slightly higher compared to a regular display campaign, but because you already have a relationship with the consumer and they are pre-qualified the benefits of conversion out way the slight cost difference. Search retargeting can be a great strategy to undertake and for any company that solely relies on search marketing and is a risk free way to continue the conversation with your consumer or target market.
Search retargeting keeps consumers engaged with more personalized, relevant advertising experiences, leading to higher click-through rates and conversions.