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Gerasimos Nikolopoulos, CEO adaplo (@gerasini, @adaplo)
7 Practical learnings from Retargeting campaigns on 400 ecommerce stores Automated ads that drive sales Your Company logo Είμαστε σε mission να αυτοματοποιησουμε την διαφήμιση για online stores 1
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Launch sophisticated campaigns on Google AdWords and Facebook ads based on real-time data from your Magento store GR 2
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Retargeting is the best performing campaign type
“92% of marketers report retargeting performs equal to or better than search” (AdRoll State of Industry, 2014) It’s too complicated Go lene ta arthra 1000 allages to 2013 Complexity and time needed GR 3
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Let’s make retargeting even better!
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Let’s score some quick wins
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So that we can expand Quick wins -> Performance improves -> More available budget -> More sales -> Deeper optimisations -> More sales He’s Pareto GR 6
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Retarget on both Google and Facebook
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Many stores retarget on just one platform
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Retarget on both. Do cross-platform optimisation.
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2. Category retargeting to enhance Dynamic retargeting
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Dynamic retargeting is great.
It targets a relevant audience with extremely relevant products (that they have seen). It’s too complicated Go lene ta arthra 1000 allages to 2013 Complexity and time needed GR GR 11
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Many times, however, people are still searching
It could make sense to give them more options by advertising the category and sending them to category pages. It’s too complicated Go lene ta arthra 1000 allages to 2013 Complexity and time needed GR 12
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Use both category/product ads to get the max effect
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3. Advertise on the whole funnel
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For starters, track your funnel
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Most companies (and ad-tech vendors) focus on “cart-abandoners”
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Target the full channel to increase your impact
Show ads to prospects higher in the funnel Cross-sell products to converters He’s Pareto GR 17
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4. Intelligently select your cookie duration
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Max limit for retargeting audience is big
“The maximum membership duration (of a remarketing audience) is 540 days. If someone continuously visits a page, the clock is reset, and the visitor's cookie stays on the list.” (Doubleclick Ad Exchange Help Center) He’s Pareto GR 19
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Max limit for retargeting audience is reattly big!
“The maximum membership duration (of a remarketing audience) is 540 days. If someone continuously visits a page, the clock is reset, and the visitor's cookie stays on the list.” (Doubleclick Ad Exchange Help Center) 540 days after the last visit! He’s Pareto GR 20
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Just because we can, does not mean that we should.
Do not just measure the positive ROI from a small % of users. Try to estimate also the negative ROI from the % of users that get annoyed. He’s Pareto GR 21
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Use data about your average time-to-buy to set the duration
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5. Segment your campaigns using various dimensions
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We could advertise with no segmentation
All visitors Bid 0.10 He’s Pareto GR 24
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Having the same bid for all different audiences
Non-visitor Returning visitor Customer Bid 0.10 Bid 0.10 Bid 0.10 He’s Pareto GR 25
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Different audiences, however, respond differently
Non-visitor (CR 0.7%) Returning visitor (CR 1.2%) Customer (CR 2.8%) Bid 0.10 Bid 0.10 Bid 0.10 He’s Pareto GR 26
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By segmenting and customising we can get better performance
Non-visitor (CR 0.7%) Returning visitor (CR 1.2%) Customer (CR 2.8%) Bid 0.07 Bid 0.14 Bid 0.21 He’s Pareto GR 27
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Segmenting helps on both bidding and creatives
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3 audiences, however, is not enough these days
Typical retargeting campaigns (<10 targetings) Advanced retargeting campaigns (>200 targetings) All visitors Cart abandoners Converters “Smart lists” Campaign break-down by the combination of all the dimensions below: Intent (all, view, cart, purchase) Duration (1, 3, 7, 14, 30, 30+) Gender (male, female, unknown) Age (18-24, 25-34, etc) Device (desktop, mobile, tablet) It’s too complicated Go lene ta arthra 1000 allages to 2013 Complexity and time needed GR 29
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6. Make your creatives stand-out
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Most stores use the default templates
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But you can be different
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Benefits of creative customisation
Stand-out from the crowd (in the attention world) “Branding” to better associate ad with your brand “Branding” to promote a highe-quality brand image Because it makes money €€€€€€€ It’s too complicated Go lene ta arthra 1000 allages to 2013 Complexity and time needed GR 33
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“It’s all about the money”
Stand-out from the crowd (in the attention world) “Branding” to better associate ad with your brand “Branding” to promote a highe-quality brand image Because it makes money €€€€€€€ It’s too complicated Go lene ta arthra 1000 allages to 2013 Complexity and time needed GR 34
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Better creatives -> Lower CPC -> Increased ROAS
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7. Expand your retargeting audience
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But retargeting is finite, based on your audience
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But retargeting is finite, based on your audience
Because you are hurting the brand by: Retargeting for 540 days Pushing ads with no limit (impression cap) No It’s too complicated Go lene ta arthra 1000 allages to 2013 Complexity and time needed GR 38
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“Retarget” to your most valuable audience
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You can target your past customers on Google Ads/Facebook
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And it works! GR 41 It’s too complicated Go lene ta arthra
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Segmentation works also here
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Summary Retarget on both Google and Facebook
Category retargeting to enhance Dynamic retargeting Advertise on the whole funnel Intelligently select your cookie duration Segment your campaigns using various dimensions Make your creatives stand-out Expand your retargeting audience He’s Pareto GR 43
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Why not start today? Source GR 44
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