Facebook retargeting is instrumental to your success because it is EFFECTIVE!
A large amount of time and money is spent on Facebook growth. Facebook is an amazing platform where you can grow your business and social following. It is very important that you create compelling ads that attract future customers, but you also need to target the correct individuals. Unfortunately, some businesses are marketing to all Facebook users, instead of segmenting their customers and retargeting them with similar offers.
Let’s think about this…
You wake up in the morning and you open up Facebook. You begin to scroll through your feed which is filled with your sister’s birthday photos, your best friend from college moved into a new house, and then you see a comfy red sweatshirt. You click on the image and look at the sales page. The sweatshirt is only $20 dollars, so you put it in your cart. You think to yourself that you could use another sweatshirt and comfort is key!
You look at the clock and see that you are late, you were unable to check out and buy the sweatshirt, but it is still sitting in your cart. This isn’t a problem because you probably didn’t need the sweatshirt to begin with.
The next day, you are scrolling Facebook again during your lunch break and you see the same sweatshirt with slightly different copy.
This is retargeting! You have already showed your potential customer this item before. Therefore, you bypass the initial step of exposure. Then you give the potential customer a limited time coupon code. This makes the customer more likely to purchase your item and then projects your product further into their minds. There you go, you have just made a sale because of retargeting!
This is the importance of retargeting, you have the ability to expand your company’s business and service with Facebook. If you continue to show the same offer to the same group of people your exposure and sales will increase!