Episode 4: Remarketing and Re-engaging Your Audience
Ryan is excited to dive into the often overlooked remarketing options for re-engaging those prospects who don't convert on their first visit to your commerce website. Contact Logical Position for remarketing needs at https://www.logicalposition.com/contact. Reach out to Ryan Garrow on LinkedIn: https://www.linkedin.com/in/ryangarrow/ Transcript JON MACDONALD: Ryan, good to talk to you again. Today we're going to talk about remarketing and re-engaging your audience, how does that sound? RYAN GARROW: Man, nothing gets me more excited, John. [laughter] RYAN: Marketing is a huge piece of online marketing driving traffic, it's an often-overlooked piece of digital marketing. I'm excited to drive into some of these details with you and hopefully shed some light on the mystery that is remarketing for most companies. JON: I really want to talk about a few things today, what do you do when someone doesn't convert on your site? You spend a ton to get folks to a site but then when they don't convert on that first visit because let's face it, most visitors aren't going to convert on their first visit, how do you keep marketing to them and close the sale and get that conversion? As my understanding, and hopefully, you're going to school me on this today this is typically what is called remarketing and it can be extremely powerful when done right. I do know that, tell me a little bit about how you and the team at Logical Position define remarketing? RYAN: Man, nothing as a marketer can make you more frustrated than somebody not doing what you wanted them to do when they came to the site because he spent all this time and energy sculpting traffic, eliminating waste saying, "All right, they are searching for my exact product and service. They are ready to buy, they're ready to put a credit card in." To get you into the right category or the right product page and then conversion rates on websites dictate that for almost every company we work with over 90% of that traffic goes somewhere else to do something and not take an action, and it just is frustrating. Especially if you do some of those real-time heat map watching and watching people on your site behind the scenes, you just get frustrated like, "Why didn't you click that? What's wrong with you? You should have just gone and clicked add to cart and buy?" Remarketing ends up becoming the step in the process next. You almost need to look at remarketing as a bunch of different layers. It's not just one simple, "We're remarketing, we're good." There's search remarketing, there's remarketing through email, there's remarketing through display ads. There's so many different things you need to be doing and be aware of in the e-Commerce space to help bring those people back to the site and take the action you want. Each one of them needs to have a lens of what's the return, am I doing it properly, is it generating the type of return that I need it to be as its own entity? When you look at driving traffic through paid search, and I think one of our earlier podcasts we talked about all traffic is paid traffic. At this point, it is requiring some level of investment to get that traffic to your site. Whether that's just time, energy, money, thought, something's happening that you're putting out there to bring people in. Paid search, hopefully, there's a return that's making sense with paid search as its own entity, search shopping, Bing, Google, Yahoo, whatever that looks like for you hopefully there's a return that makes sense. An additional marketing piece needs to be re-marketing, and it needs to have a return that makes sense for the business and for the products and services that you're selling. Within that re-marketing entity, there's different layers within that that say, there's this type of re-marketing and this type of re-marketing and this type of re-marketing and each one of those has different expectations for return. It may be five years ago re-marketing was vanilla and now we have the Baskin Robbins if you're in the Oregon area and you know Baskin Robbins, there are 31 flavors. There's all these different things you can be doing with re-marketing that for some brands it's overkill, you don't have enough traffic to use all of these wonderful different things. Other brands are using just the most basic remarket and they should be using a really complex additional layers of re-marketing to help drive different types of traffic, different ways, with different expectations. Brands should be doing it and they should be doing it more than likely more complex than they are. I think on average, most companies are not utilizing all the things they can be doing, even just through the simple Google platform of re-marketing, there's a lot there. JON: I look at this as two sides. One is what is the data that you need to be tracking or where are the points where you can then have data to know who to remarket to and then on what channels can you be re-marketi...