The 5 Types of Essential Remarketing List Segmentations and Why You Need Ad Banner Sets Created For Each
Foreword: This post is draft number two, for a future blog post (so this is unpublished, looking for a home), but I wanted to share it here first because:
A) I think it’s important to know what the essential remarketing segmentation lists to build for own sites or clients and
B) I wanted to get your feedback and questions about the best practices surrounding Remarketing List Segmentation and the blog article overall.
I appreciate any feedback and questions, to help make it a better post, prior to submission. [Note to marketers: Described here are Segmentation Lists you should build using the Google Adwords Remarketing Pixel, BUT the CONCEPTS can be applied to ANY Ad Network/Social PPC use or CRM/Email Marketing Automation tool. Also, this post addresses the importance of each segmentation list, which then corresponds to having a NEED to produce ad banner sets with messaging+creative that matches appropriately to each list.
In other words, up to FIVE different types of Ad Banner Sets is often required for an advertiser to MAXIMIZE the effectiveness of running remarketing campaigns, using these five remarketing segmentation lists. By using these five, the ROAS (return on ad spend) can increase as much as xxx% by using the appropriate ad banner set, with the corresponding remarketing list.]
(Portland, OR – by Ed Bisquera) – Alright, so this post isn’t about WHAT remarketing is as much as it’s about what remarketing lists should you build. After all, you could just build ONE remarketing list for everyone that visits your website overall, but that wouldn’t serve your brand well or your offer to your audience justice. You want to be presenting remarketing ads that are pertinent to the buying path your website audience is on AND that is also based upon what content they’ve consumed or actions they have or have not taken.
Let’s also keep in mind that remarketing is here to stay, in our digital marketing toolbox and that by utilizing remarketing businesses can:
1. Increase their overall conversion rates with more remarketing impressions*.
2. Reach 90% of all internet users worldwide using the Google Display Network and Facebook Ad Network*.
3. Increase repeat visitors by 50%, boost conversions by 51% and increase time on site by 300%*!
4. Help SEO efforts seven-fold or make your SEO 7 Times More Awesome, because Remarketing keeps your brand in front of your audience and compels them to take action*.
(* Source: Wordstream.com)
So, let’s get down to what the FIVE different types of Remarketing Segmentation Lists EVERY competition-crushing local business needs to have, before running ANY Remarketing Campaigns. [Disclaimer: First, list segmentation will vary a bit, depending on whether you’re going to use STANDARD or DYNAMIC remarketing. In this post, we’ll focus on STANDARD, then address using dynamic remarketing where appropriate.]
Remarketing Segmentation List 1: Homepage viewers
Strategy: This is a list built upon the most broad interaction a person can have with a business website. So, as a marketer this would be anyone that views your home page, after clicking through from your email signature, social media profiles, business listings, basically anywhere on the web you have listed, promoted and advertised your main url, which goes straight to your homepage. You’ll want to have a general Ad Banner Set, that is more general in nature and speaks to your brand offer, so this type of list would most likely require a “Branding” type of Ad Banner.
Why create list 1?: To reinforce your brand across the web after people visit your home page, but that doesn’t dive deeper into your site’s content OR that have visited your website but haven’t crossed into the other types of segmentation lists as described below. It is said that a person needs to see your ad/brand at least SEVEN times before they begin to trust your brand/business and are able to recall well. If the person has never heard of you but had an initial introduction in some way to visit your home page for whatever reason and didn’t take action, they likely clicked away. Recapture their interest, present your brand again and again, by using an ad banner set to reach this list of people. How to do it: See attached document from Google.
Remarketing Segmentation List 2: Category Page Viewers
Note: As a marketer of mostly “static” services, you may or may not have categories of services and/or content categories on your website. It’s assumed that you maintain a blog and produce content on your website, that is categorized. So while this may not pertain to you at the moment, understand that you may have a need for creating this type of list in the future for your own consulting company and more importantly it’s likely your clients will need to create this type of List. This list and strategy, works especially well for multi-service category sites or e-commerce.
Using Standard Remarketing Strategy: Showcase display banner ads that match up to different product or service categories. People in this list have shown interest in a particular category or “division” of your marketing service company, let’s say content category of “Video Marketing” so your ad banner messaging to this list can speak to specials, discounts, or beta programs directly related to this category/division of your company.
How to do it: You’ll want to create separate Remarketing Lists FOR EACH Service (or Product/SKU) Category using a URL that contains the “category name.”
You’ll also want to setup an “exclusion list” for users that move deeper down the purchase funnel, so you don’t overlap your Remarketing Lists+Remarketing Ad Banners. Basically, you don’t want people to see this List 2 Ad Banners, once they move to the product purchase phase and/or complete a purchase.
You do this by creating a custom combination list CONTAINING Service/Product Category page viewers, THEN EXCLUDE Lists 3-5 (described below, which is the offer page viewers, shopping cart abandoners, and past converted buyers). You’ll then repeat for each category this same process.
Using Dynamic Remarketing Strategy: This is an advanced strategy, reserved for experienced marketers that have worked with ecommerce sites/clients, dynamic product feeds and shopping cart systems. How to do it: If you care to dive into it deeper, see attached Google document or contact me with your questions and needs for your particular situation.
Remarketing Segmentation List 3: Specific Service, Product, Offer or Landing Page viewers
For marketers, this would be pages such as landing pages with lead magnet offers. So, if you’re running a cold email marketing campaign, this could be a list built from those people that open your email, click through to the landing page you want them go to, BUT that didn’t take any further action, for whatever reason. Or traffic could come from search ppc ads, social ppc ads, or from other advertising channels.
This list could also be specific service or product pages on your website people have viewed, but did not go any further down the purchase funnel. They didn’t click on the buy button, add to shopping cart, or in the case of a lead magnet offer, they didn’t “Optin” with their email.
Strategy: You’ll want to create an Ad Banner set that re-engages users with ads content referencing this page type (landing pages and/or specific service or product pages) or with “dynamic ads” if an e-commerce site. These Ad Banners would include the Service/Product the person previously viewed (for dynamic remarketing of e-commerce sites we’ll discuss later in a follow up post). Your messaging+creative that is designed in the Ad Banners, may also speak to special discounts or offers that resonates with your potential customer to take immediate action.
How to do it: You’ll just create a remarketing list that includes all visitors to specific service or product pages on your website. Then you’ll want to EXCLUDE list types #4 & #5, “Shopping Cart Abandoners” and “Past conversions,” respectively.
Remarketing Segmentation List 4: Shopping Cart Abandoners
These are folks who added products to a shopping cart OR clicked on the buy button, but didn’t complete the purchase. These are also visitors that filled out a Lead Magnet Form BUT didn’t press the “Submit” button on the form. This list is likely going to be smaller overall, but they usually perform better, conversion-wise, versus a more broad based type visitor to your homepage.
Strategy: So basically you’ll want these visitors who were “almost done” completing the wanted action (buy conversion or lead conversion) and invite them back through the Ad Banners’ creative and messaging, to complete the process.
How to do it: You’ll build it from the logic of “Visitors of a page who DID NOT visit another page” in the drop-down menu (on the Google Adwords dashboard, under Audiences, which is beneath the Shared Library Tab). You’ll choose the URL of the shopping cart page OR the URL of the Lead Magnet Form Page.
Next, just EXCLUDE visitors who DID CONVERT, by selecting the conversion page aka the “thank you page” or whatever confirmation page that confirms those people have converted or submitted a completed lead form.
Remarketing Segmentation List 5: Past visitors that have CONVERTED
These are the visitors that bought from your site, who are now customers OR they took a conversion action, such as submitting their contact info in a lead form.
Strategy: You’ll want to run Ad Banner display ads to upset or cross-sell these customers since they are now part of your list and have actually taken valuable action on your site already. Your Ad Banner messaging could also recommend similar content, services or products to they’ve already consumed or bought.
How to do it: Easy peasy – just create a remarketing list who have reached your conversion page or purchase confirmation page. And that’s it, you’ve just built the FIVE Remarketing Segmentation Lists, highly recommended to maximize your remarketing advertising campaigns.
It is recommended you keep the overall number of remarketing lists to the strategies listed above, and you may have fewer or more, depending upon your volume of site traffic and the way your site is structured. Keep in mind the fewer the lists, the more people will be available in the lists and it will often be easier to optimize and track the statistical differences.
One last thing to note: the length of your “cookie duration” (the length of time Google keeps those visitors that have been “pixeled” aka “cookied” by your remarketing pixel) will depend on your objectives and the RELEVANCY your ad is.
For example, an e-commerce site selling Halloween costumes, may choose a shorter cookie length, say 15-30 days, since it is an date specific event and it may not take as much time for a person to decide to purchase. On the other hand, a financial services or real estate company may choose a cookie length of 3 months to a year since the sales cycle is much longer.
Remarketing is a very powerful digital marketing tool for advertisers and marketers, and using the best practices of building, at minimum, the Essential FIVE Remarketing Segmentation Lists for your website, will help you maximize your remarketing dollars and help you reach and/or exceed your ad campaign goals.
If you have further questions or comments, please feel free to leave them below. And I invite you to follow me on Twitter at @edbisquera for further content regarding remarketing, or just to say “hey” and stay in touch.