There are a lot of potential sales that go to waste during a normal transaction, particularly for most stores that rely on volume. For example, out of 100 people who visit an online store by chance (usually through random search engine strings or through random banner ads,) there is a big chance that only 10 people will actually buy. The remaining 90 will not only go away, there’s a big chance that they won’t bookmark the site and will not return even when they are in the mood for buying. Without retargeting, those 90 people and the potential sales they could bring are wasted.
What is Retargetting?
Retargetting, as the name implies, is basically a way to get those non-converting customers to come back when they’re ready to buy, or at least to remind them that your services and products are available when they are ready to buy. There are a number of ways to retarget lost customers but one of the most effective ones is a newsletter.
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