Free Articles, Free Web Content, Reprint Articles
Thursday, July 19, 2018
 
Free Articles, Free Web Content, Reprint ArticlesRegisterAll CategoriesTop AuthorsSubmit Article (Article Submission)ContactSubscribe Free Articles, Free Web Content, Reprint Articles
 

Maximizing Your Marketing with Data Mining & Retargeting

Most people feel data mining is intrusive, illegal and borderline creepy.† Data Mining is inevitable and should be embraced instead of shunned.† Consumers can use data mining to target and retarget clients when it comes to serving their target market the most relevant ads.

3 Steps to Not Fearing These Marketing Techniques; Embrace Them Instead


From increasing conversions to enhancing the customer experience, all types of companies use data mining and retargeting.

They’re very effective marketing techniques, but many consumers view them as creepy rather than creative.

Remember when Facebook was in the news for data mining? Cambridge Analytica created a quiz app to gain access to millions of Facebook user accounts. While both companies claim users technically gave consent by agreeing to the terms, it’s incidents like these that make people afraid of data collection.

As a marketer of your own business, you need to be careful not to let data mining and retargeting scare off your target audience… let alone be afraid to use it yourself. †

First Things First…What is Data Mining?†

Data mining is extracting and analyzing data from a larger set of raw data.†

For example, retail stores look at items a customer browsed in order to suggest related products. Mobile providers use data such as customer service interactions to predict who is likely to leave the company (known as ‘churn’) then target them with incentives to stay.†

What is Retargeting?†

Retargeting, or remarketing, is a technique to bring people who have left your website or mobile app back to it.†

This is done by putting a simple Javascript code on your site and when a new visitor arrives, the code drops an anonymous browser cookie. The cookie is stored on the user’s computer while they browse, allowing you to ‘follow’ them online and show them your ads.†

Retargeting Examples:
  • A tech website displays and ad for the laptop you looked at when on their site, as you move on to read your favourite blog.
  • A travel site shows you limited-time discounted flights after you’ve left their site and moved on to shop for shoes.

By using data mining to retarget interested consumers, businesses can be ultra focused when it comes to serving their target market the most relevant ads.

Retargeted users outperform new users when it comes to engagement and likelihood of buying with the logic being if they were on the website looking at that item, they are more likely to go back and purchase if reminded of it later.

3 Steps for Successful Data Mining & Retargeting†

If done correctly these marketing techniques can reduce customer acquisition costs and improve conversions and sales. You should:†

  1. Be targeted. You can’t message everyone in the same way. If someone abandons their cart, they need different messaging than a visitor who landed on the homepage.
  2. Build confidence. Whether it’s making return policies clearer or assuring customers you’ll never share their dataScience Articles, generate trust.
  3. Go pro. There’s much more to data mining and retargeting than I can cover here. Our team can help you build an effective retargeting campaign that gets results!†

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media, is a Web Specialist, Business & Marketing Consultant, and Social Media Advisor. She works with entrepreneurs who struggle with having the lack of knowledge, skill and support needed to create their online business presence.

If you are new to Social Media and online marketing or find it overwhelming and confusing, my monthly group coaching program, AMPLIFY! Business Academy http://amplifybusinessacademy.com/ is a perfect way for you to incrementally learn the best strategies and tactics to help you grow your business online.



Health
Business
Finance
Travel
Technology
Home Repair
Computers
Marketing
Autos
Family
Entertainment
Law
Education
Communication
Other
Sports
ECommerce
Home Business
Self Help
Internet
Partners


Page loaded in 0.699 seconds