One of the frustrating things about business is an empty shopping cart. Your customers are interested in the product, but don’t buy.
It’s as if you moved heaven and earth to get this person off the fence to go through the steps of buying, and at that final moment, they get cold feet. Talk about frustrating, talk about getting so close only to end up where you began.
It’s very easy to see this scenario play out over and over again with completely national businesses. I’m talking about online businesses like e-commerce websites and digital product sites. That’s fairly easy to understand, but this also happens with local businesses.
For example, if you are a dentist in San Bernardino, California, you can use your website to generate appointments. Alternatively, you could be a personal injury lawyer in Fresno. You can have an online appointment form for people who have discovered your website through the internet. So far so good, right?
The problem is they fill out the form, but they don’t click the submit button, or the end up on that page and for whatever reason, they don’t fill out the form, much less click the submit button. You end up with nothing.
Sadly, the vast majority of local businesses, think this is the end of the story. Too bad, they didn’t make it, better luck next time. It doesn’t have to be the end of the story. Thanks to a wonderful piece of online advertising technology called Retargeting, you can get another bite at the apple.
No joke, you get another bite, and if it doesn’t work, you get another bite after that. This is called ad retargeting or add remarketing. The best part is Facebook Ad network (and I’m not just talking about Facebook itself, but all these other websites that plug into Facebook’s ad ecosystem) will show your ad to people who have actually ended up on that page.
They came so close to becoming your next customer, or booking an appointment, but for whatever reason, they begged off. When they go to your website, and then they go back to Facebook maybe two days later, what do you think they’ll see? That’s right, they will see an ad for your business.
This is an effective way of reminding this person that at an earlier point in time, they were very interested in doing business with you. This advertising technology is so effective that it actually resurrects 40% of lost sales.
That is amazing. That can mean the difference between making less than $100,000 a year, or making well over that amount. In other words, it can make or break your local business. This is why you need to get people to return again and again with ad retargeting. It gives them the impression that you’re reading their mind.
Another way this retargeting benefits you is it pushes people further in the conversions funnel. For example, somebody goes to your dentistry website to look for information regarding a certain procedure. Maybe they’re looking for orthodontics. Maybe they’re looking for root canal technology. Whatever it is, they’re just simply looking to get more information.
When you run a retargeting campaign, you can then remind these people about what’s so unique and awesome about your own particular dentistry practice. That’s how you convert tire kickers or information seekers into actual potential appointments.
Our newly updated Facebook ads training is available now: http://bit.ly/FBAdsBundle
We will also be releasing a downloadable Facebook Ads report, 5 Ways Facebook Ads Can Take Your Business To The Next Level, that you can view for free.