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1
Sort of establish what retargeting is and I've given you some ideas about how we might actually go about
2
doing it.
3
But what are the real advantages.
4
Does this thing really work.
5
Is it worth it.
6
So one of the major things that retargeting can do is bring in new customers.
7
So what I mean by this is it's a fairly rare event that somebody will come to your site completely new
8
they've never ever heard of you and just buy something from me.
9
It does happen for sure.
10
It will happen no question but it's you know it's against the odds to a certain extent.
11
We like to feel confident from the person that we're buying from.
12
And in order to do that we need to see a brand or product or a name around the place quite a bit before
13
we you know feel at ease with going in and buying it is just how we are.
14
It's human nature.
15
So basically imagine you've got somebody coming to your store a lot and clicking around but not buying.
16
Yeah so they're not a new customer yet when they go back to the back to the internet go back to Facebook
17
or start browsing around then they start seeing all your products following them around.
18
Right.
19
As I explained before subliminally they're getting exposed to your name and to your brand and they start
20
to feel more comfortable with it.
21
So when they come back are the three retargeting or maybe an ad put on there later or whatever it might
22
be.
23
Now they're no longer a cold customer.
24
We warmed them up as marketers say now we're warming them up to the point with a heart where they're
25
actually going to buy but they're no longer stone cold.
26
So the process that process of retargeting will bring in new customers is part of the process.
27
Now we can also sell more products to existing customers.
28
You know I alluded to using the e-mail for example to go back to people.
29
We can do more complicated stuff than that.
30
The e-mails are a simple example it's extremely powerful but you know once we got a product everybody
31
knows that selling to an existing customer is a lot more easier than selling to a new customer.
32
So we want to re target those existing customers.
33
And I can tell you that it is very very effective.
34
So I definitely want you to give this the time of day.
35
But I do not want you to waste an awful lot of time on it and an awful lot of money because there are
36
many different techniques and it can get very complex.
37
The last thing I wanted to do is to get lost in all this and lose focus on your main purpose here.
38
Particularly if your early stage with e-commerce so I'm going to keep it simple for you.
39
And in fact in the next lecture I'm going to talk about whether retargeting is even suitable for you
40
at this stage.
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