The Unbelievable Effects of Video Retargeting
Ever looked at a product…
…and then seen ads for it ABSOLUTELY EVERYWHERE?
This is known as retargeting.
It’s basically a system that allows businesses to track your interactions with their brand, and then, show SPECIFIC and RELEVANT ads to you, based on those interactions…
Imagine you view a stapler on an online stationery store.
The store knows (without doing any work/research) exactly what stapler you considered purchasing.
They’re then able to provide relevant ads (about that same stapler), all over social media.
Pretty cool, right?
It’s even cooler when you consider that users who are retargeted are 70% more likely to convert to paying customers.
…98% of users’ don’t purchase on their first visit to a digital shop.
(We’ll link all relevant articles at the bottom of this page)
Video: The Hottest Topic
It’d be stupid for us to say video’s killing it right now because VIDEO’S BEEN KILLING IT FOR AGES.
Over 100 Million hours of video is watched on Facebook every day and more than 50% of those videos are viewed on mobile.
An increase in mobile users viewing content, shopping online and visiting social media platforms will see the already powerful strategy of video marketing…
Yes, that’s right. The days of playing Jenga with your family are over. They’re all on their phones, watching social media videos! And so are you!
Videos are Retargeting Grenades
When we retarget, we’re reaching an audience who have already interacted with our brand/business…
…in other words, they’re further through our conversion funnel.
This audience is aware of us, and are either considering purchasing or in need of more proof that our product/service is right for them…
…and other than a face-to-face conversation, nothing trumps a video.
As a retargeting tool, videos allow you to build a relationship with your prospect, personify your brand and reach specific audiences with specific content.
Videos are so good that they’re estimated to increase conversions by a MASSIVE 6–30%.
Imagine what an extra 30% of income could do for your business. That gold-plated helicopter might be in reach after all!
Facebook Loves Them Too
Because videos entertain and engage an audience ON their platform, Facebook LOVE THEM.
EINSTEIN MOMENT –Facebook’s main concern is the quality of their users’ experience.
How do we know Facebook loves them?
They allow us to run video ads for SUPER LOW PRICES.
This means we can get 1000’s of views, for barely any marketing spend.
Yep, £0.01 per result (and that’s still pretty high).
Let’s compare that to television adverts.
On television your audience can only be targeted by what show they’re watching (not nearly as specific as RETARGETING), they cost LOADS and the results are immeasurable (most people don’t even watch television adverts!).
Retargeted Facebook ads can do so much more than that and at a FRACTION OF THE COST.
Types of Retargeted Videos
The visitor is interested in your product, but hasn’t purchased yet…
…so, we’re going to run a retargeted video that deals with the possible reasons for NOT PURCHASING.
That doesn’t mean opening with, ‘Why the hell haven’t you bought my damn product yet! Buy it! Now!’
Successful retargeted videos need to create trust, reveal problem-solving solutions and overcome buying issues.
Here are a few video ideas to get you started:
Have you got a ton of happy customers? Has your product changed anybody’s life?
Ask happy customers to appear in testimonials. People will trust those who’ve been through your buying process a lot more than you!
And make sure they’re relatable to your target market.
Are you often faced with the same objections? Why not create a video that deals with the problem?
Whatever you do, just don’t highlight problems. Emphasise strengths and reasons that negate objections without mentioning them!
E.g. if price is an objection, create a retargeted ad that offers leads the chance to pay in installments. You don’t have to say your original price is high, just tell them that the new installment plan is A BARGAIN and VERY EASY.
If customers are taking too long to buy, create limited-time offers, or discount deals that restrict your leads freedom of choice.
These videos tap into a viewer’s FOMO (fear of missing out) and are awesome converters.
You don’t have to JUST offer discounts either. Check out our Northern Lights Scarcity post in the related articles at the bottom of this page.
Retargeted Videos: How To
With all that information under your belt, you’re probably desperate to get started, right?
If you’re worried that retargeting might be too technical, don’t sweat, it’s a doddle with the help of our guides.
In order to create your video retargeting campaigns, follow these lessons IN ORDER:
- Facebook Pixel- Must Have Tool
- Facebook Audiences in a Nutshell
- Retargeting: What, Why and How
- Retargeting: The Automated Ad Machine
- (Optional lesson, if you want to optimise) 3 Big Questions About Your Ad Campaigns
Make sure you take those lessons in ascending order, from 1 to 4 (or 5).
Otherwise, it won’t work or make sense.
Did you love this blog? What do you think about video retargeting? Leave a comment or send us a message and we’ll reply as soon as Einstein’s social media manager has stopped talking about his 1 table tennis victory.
Originally published at www.einsteinmarketer.com on April 11, 2018.