Cyber Week 2017 projects $8.5 billion in consumer spending from Thanksgiving through Cyber Monday. But with Black Friday cart abandonment rates near 70%, brands still have huge potential to capitalize.
Coming directly after Cyber Monday, Retargeting Tuesday is a strategic time to motivate lost customers with a second, third, and sometimes fourth chance to convert.
Programmatic retargeting ads help you stay connected with your audience,
To get the best ROI, optimize your retargeting campaigns. Retargeting Tuesday reengages those who missed out on Cyber week due to financial stress or holiday obligations, and those who are waiting for better deals to complete their shopping in December.
Limit the amount of times abandoned customers see your ad. Displaying your ads everywhere your prospects browse can seem creepy and invasive. To truly increase your CTR, we recommend capping at 2 per day and changing your creatives every 3-4 months. You can also bid less on users who abandoned from your homepage, as they are not your “highest value” customers… Yet.
Retargeted customers are three times more likely to click your ad than people who have never interacted with your business. Creating landing pages for your retargeting ads refocuses customers on returning to your specific products. For your headline, try “We missed you” or “Couldn’t stay away?” to see an increase in CTR.
Why not retarget old customers? Showing ads to customers who have already converted helps you to stay at the top of their mind. This is your chance to show customers what they may be missing, such as jackets that are “almost out of stock” or the “last day” of a sale.
Cyber Week is your chance to outperform your competition. 26% of customers will return to a site through retargeting, and Cyber Tuesday is the absolute best time to capitalize on this. For additional tips on strategies and best practices for Cyber Week, check out our tips on Black Friday FOMO and Holiday Facebook Ads.
To implement retargeting on your site or have your digital advertising questions answered, request a free consultation today!