Effectiveness of Automatic Retargeting in Programmatic Advertising

Effectiveness of Automatic Retargeting in Programmatic Advertising PDF Author: Tereza Semerádová
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Advertising platforms such as Facebook and Google provide the advertisers with tools allowing them to benefit from advanced targeting, automated ad delivery mechanisms, and behavioral algorithms. These algorithms are based on machine learning and can predict whether a user will click on a particular ad, allowing for optimization of their placement. Online marketing is transitioning to automatized lead nurturing strategies that follow the customer along his journey with a series of personalized and automated messages. A significant part of this process is represented by dynamic retargeting. The method of dynamic retargeting is used in advertising to address users that already interacted with the brand online and offer them personalized content to motivate them to proceed in the next stage of the customer purchase journey. While automation is generally associated with the increased effectiveness of the processes it is applied to, the human aspect of marketing creates a different context with unexpected responses. A growing corpus of studies questions the effectiveness of targeted online advertisements in relation to the increasing number of adblocker users and decreasing click-through rates. However, these studies usually do not distinguish the type of advertisements or the purchase stage. Dynamic retargeting represents an advanced targeting strategy that uses a combination of cookie- and pixel-based user tracking and personalized offers using e-shop generated product feeds. This article tests the effectiveness of 216 sets of dynamic retargeting ads by comparing them with 216 non-dynamic, manually created product ads both in Facebook Ads Manager and in Google Ads.

Effectiveness of Automatic Retargeting in Programmatic Advertising

Effectiveness of Automatic Retargeting in Programmatic Advertising PDF Author: Tereza Semerádová
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
Advertising platforms such as Facebook and Google provide the advertisers with tools allowing them to benefit from advanced targeting, automated ad delivery mechanisms, and behavioral algorithms. These algorithms are based on machine learning and can predict whether a user will click on a particular ad, allowing for optimization of their placement. Online marketing is transitioning to automatized lead nurturing strategies that follow the customer along his journey with a series of personalized and automated messages. A significant part of this process is represented by dynamic retargeting. The method of dynamic retargeting is used in advertising to address users that already interacted with the brand online and offer them personalized content to motivate them to proceed in the next stage of the customer purchase journey. While automation is generally associated with the increased effectiveness of the processes it is applied to, the human aspect of marketing creates a different context with unexpected responses. A growing corpus of studies questions the effectiveness of targeted online advertisements in relation to the increasing number of adblocker users and decreasing click-through rates. However, these studies usually do not distinguish the type of advertisements or the purchase stage. Dynamic retargeting represents an advanced targeting strategy that uses a combination of cookie- and pixel-based user tracking and personalized offers using e-shop generated product feeds. This article tests the effectiveness of 216 sets of dynamic retargeting ads by comparing them with 216 non-dynamic, manually created product ads both in Facebook Ads Manager and in Google Ads.

Programmatic Advertising

Programmatic Advertising PDF Author: Oliver Busch
Publisher: Springer
ISBN: 331925023X
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
This fundamental guide on programmatic advertising explains in detail how automated, data-driven advertising really works in practice and how the right adoption leads to a competitive advantage for advertisers, agencies and media. The new way of planning, steering and measuring marketing may still appear complex and threatening but promising at once to most decision makers. This collaborative compendium combines proven experience and best practice in 22 articles written by 45 renowned experts from all around the globe. Among them Dr. Florian Heinemann/Project-A, Peter Würtenberger/Axel-Springer, Deirdre McGlashan/MediaCom, Dr. Marc Grether/Xaxis, Michael Lamb/MediaMath, Carolin Owen/IPG, Stefan Bardega/Zenith, Arun Kumar/Cadreon, Dr. Ralf Strauss/Marketingverband, Jonathan Becher/SAP and many more great minds.

The Retargeting Playbook

The Retargeting Playbook PDF Author: Adam Berke
Publisher: John Wiley & Sons
ISBN: 1118881168
Category : Business & Economics
Languages : en
Pages : 155

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Book Description
How to reach the 98 percent of people who leave your website without converting sales The Retargeting Playbook is a complete guide for digital marketers about how to reach the 95 to 98 percent of people who leave a brand's website without converting. Retargeting gives advertisers the ability to stay in front of those people to bring them back and close the deal. For that reason, retargeting has emerged as a must have marketing channel, yet there is a lack of content that explains how the technology actually works and best practices for using it. Even marketing managers at large, sophisticated brands and agencies don’t have a strong grasp of this evolving channel, and there are few good neutral sources on the topic. Meanwhile, retargeting is the cornerstone of any holistic digital advertising strategy since it improves the results of every other channel if implemented correctly. Unfortunately, most marketers are only utilizing the most rudimentary retargeting tactics and barely scratch the surface of its potential. Explains how to stay in front of potential customers and convince them to come back and close the deal This book will be required reading for media buyers at digital agencies, in-house marketing managers at companies in any vertical, performance marketers, and ecommerce managers.

Retargeting as a form of digital marketing. Function, advantages, and disadvantages

Retargeting as a form of digital marketing. Function, advantages, and disadvantages PDF Author: Selina Kojic
Publisher: GRIN Verlag
ISBN: 334636996X
Category : Business & Economics
Languages : en
Pages : 21

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Book Description
Seminar paper from the year 2021 in the subject Communications - Public Relations, Advertising, Marketing, Social Media, grade: 2,3, Heilbronn University, course: Business English, language: English, abstract: This paper is dealing with what cookies can do and what this form of digital marketing is. Today, digital marketing is more common than offline marketing. This makes sense, because most people are online all day long. Whether it is with their smartphone or with other devices. Digital marketing offers numerous opportunities to advertise and represent companies. One of these opportunities is what we do every day by surfing the Internet. Recently, when we visit a website, the first thing we see is a pop-up or a message on the edge of the screen telling us to accept cookies. Everyone finds it annoying and simply accepts them without knowing exactly what they are accepting at that moment.

Incentive Misalignments in Programmatic Advertising

Incentive Misalignments in Programmatic Advertising PDF Author: Thomas Frick
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In programmatic advertising, firms outsource the bidding for ad impressions to ad platforms. While firms are interested in targeting consumers that respond positively to advertising, ad platforms are usually rewarded for targeting consumers with high overall purchase probability. We develop a theoretical model that shows if consumers with high baseline purchase probability respond more positively to advertising, then firms and ad platforms agree on which consumers to target. If, on the other hand, consumers with low baseline purchase probability are the ones for which ads work best, then ad platforms target consumers that firms do not want to target -- the incentives are misaligned. We conduct a large-scale randomized field experiment, targeting 208,538 individual consumers, in a display retargeting campaign. Our unique data set allows us to both causally identify advertising effectiveness and estimate the degree of incentive misalignments between the firm and ad platform. In accordance with the contracted incentives, the ad platform targets consumers that are more likely to purchase. Importantly, we find no evidence that ads are more effective for consumers with higher baseline purchase probability, rendering the ad platform's bidding suboptimal for the firm. A welfare analysis suggests that the ad platform's bidding optimization leads to a loss in profit for the firm and an overall decline in welfare. To remedy the incentive misalignment, we propose a solution in which the firm restricts the ad platform to target only consumers that are profitable based on individual consumer-level estimates for baseline purchase probability and ad effectiveness.

Retargeting Mastery

Retargeting Mastery PDF Author: B. Vincent
Publisher: RWG Publishing
ISBN: 3987629940
Category : Business & Economics
Languages : en
Pages : 83

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Book Description
Retargeting campaigns are an essential part of any successful online marketing strategy, allowing businesses to reach customers who have already shown interest in their products or services. In this book, you will learn how to master the art of retargeting and drive sales with effective online strategies. Starting with the basics, you will gain an understanding of how retargeting works and how to set up a strong foundation for your campaign. You will then learn how to identify your ideal customer and target them with personalized ads that speak to their interests and behavior. Next, you will discover how to maximize your ad spend by developing effective budgeting and bidding strategies. You will learn how to craft compelling ad copy and design, and how to conduct A/B testing to optimize your campaigns for maximum conversions. In addition, you will explore the power of video in retargeting campaigns and how to incorporate it into your strategy. You will also learn how to use retargeting on social media platforms such as Facebook and Instagram, as well as on the Google Display Network and through personalized email campaigns. Furthermore, you will delve into strategies for retargeting for e-commerce, B2B, local businesses, events, and mobile users. You will also discover how to increase revenue with repeat customers and customer lifetime value. Finally, you will explore advanced retargeting tactics such as cross-device retargeting and lookalike audiences. You will also learn how to analyze your campaign performance and optimize your strategy for success. With this comprehensive guide to retargeting mastery, you will learn how to effectively use retargeting campaigns to win sales and grow your business online.

When Does Retargeting Work? Information Specificity in Online Advertising

When Does Retargeting Work? Information Specificity in Online Advertising PDF Author: Anja Lambrecht
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Firms can now serve personalized recommendations to consumers who return to their website, based on their earlier browsing history on that website. At the same time, online advertising has greatly advanced in its use of external browsing data across the web to target internet ads. 'Dynamic Retargeting' integrates these two advances, by using information from earlier browsing on the firm's website to improve internet advertising content on external websites. Consumers who previously visited the firm's website when surfing the wider web, are shown ads that contain images of products they have looked at before on the firm's own website. To examine whether this is more effective than simply showing generic brand ads, we use data from a field experiment conducted by an online travel firm. We find, surprisingly, that dynamic retargeted ads are on average less effective than their generic equivalent. However, when consumers exhibit browsing behavior such as visiting review websites that suggests their product preferences have evolved, dynamic retargeted ads no longer underperform.

The Power of Programmatic

The Power of Programmatic PDF Author: Stephanie
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
What is Programmatic Advertising?In today's fast-paced and ever-evolving world of advertising, programmatic advertising has become a buzzword that is frequently tossed around. But what exactly does it mean? In this subchapter, we will demystify programmatic advertising and explore its immense potential in revolutionizing the advertising industry. Programmatic advertising refers to the use of automated technology and algorithms to buy and sell advertising space in real-time. Unlike traditional advertising, which involves manual negotiations and buying, programmatic advertising allows for a more efficient and data-driven approach to reaching audiences. At its core, programmatic advertising relies on data and technology to streamline the ad-buying process. It enables advertisers to target specific audiences based on various parameters such as demographics, interests, and online behavior. By leveraging vast amounts of data, programmatic advertising ensures that the right message is delivered to the right person at the right time, maximizing the chances of conversion and engagement. One of the key advantages of programmatic advertising is its ability to optimize campaigns in real-time. Through automated algorithms, advertisers can continuously monitor and adjust their campaigns based on performance indicators such as click-through rates and conversions. This data-driven approach allows for better decision-making and ultimately leads to improved campaign outcomes. Furthermore, programmatic advertising offers unprecedented transparency and control to both advertisers and publishers. Advertisers have access to detailed insights into the performance of their campaigns, allowing them to make data-backed decisions. Publishers, on the other hand, can efficiently manage their ad inventory and ensure that their content is monetized effectively. The rise of programmatic advertising has also brought forth new ad formats and channels. From display and video ads to mobile and connected TV, programmatic advertising has expanded beyond traditional mediums, enabling advertisers to reach their audiences wherever they are. However, programmatic advertising is not without its challenges. Ad fraud, brand safety, and privacy concerns are among the issues that need to be addressed in the programmatic ecosystem. It requires ongoing vigilance and collaboration between industry stakeholders to ensure a safe and ethical advertising environment.

Retargeting Recipes

Retargeting Recipes PDF Author: Justin Brooke
Publisher: Adskills LLC
ISBN: 9780578205298
Category :
Languages : en
Pages : 80

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Book Description
After spending millions in ads online, I've pulled together my best retargeting campaigns (also known as remarketing ads if you'd advertising on Google). In this 80 page "cookbook" you can follow my designed-for-profit retargeting recipes and have a complete strategy for your retargeting ad campaigns. These retargeting campaigns were designed for any team member to easily implement and get the same results as I do. So rest assured that you can implement them in your business, for your clients, or hand this book to a team members to implement for you... I did. What will you learn in this book? - An overview of what retargeting is and how it works - A Complete strategy to retargeting your company's products or services - What makes a "good" retargeting ad - What tools to use to create my ads and launch my campaigns - Both beginner and advanced/pro level retargeting strategies - 7 campaign strategies that can be used on multiple ad networks including, but not limited to, Facebook, Twitter, Google Ads, Taboola, Outbrain, Youtube and more... Our top priority with the Retargeting Recipes is to help media buyers and business owners like you take your retargeting campaigns to the next level. To do that, we made sure this book is packed with actionable content - no fluff - no filler - no theory - no BS. It's a quick 80 page read full of proven strategies you can implement right away. Gain confidence in the campaigns you launch with these simple but highly effective retargeting campaigns today.

The Rise of the Platform Marketer

The Rise of the Platform Marketer PDF Author: Craig Dempster
Publisher: John Wiley & Sons
ISBN: 1119059992
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
Develop the skills and capabilities quickly becoming essential in the new marketing paradigm The Rise of the Platform Marketer helps you leverage the "always-on" consumer to deliver more personalized engagements across media, channels, and devices. By managing these interactions at scale throughout the customer lifecycle, you can optimize the value of your customers and segments through strategic use of Connected CRM (cCRM). This book shows you how to take advantage of the massive growth and proliferation of social and other digital media, with clear strategy for developing the new capabilities, tools, metrics, and processes essential in the age of platform marketing. Coverage includes identity management, audience management, consumer privacy and compliance, media and channel optimization, measurement and attribution, experience design, and integrated technology, plus a discussion on how the company as a whole must evolve to keep pace with marketing's increasingly rapid evolution and capabilities. The expansion of digital platforms has created addressability opportunity through search, video, display, and social media, offering today's foremost opportunity for competitive advantage. This book outlines the capabilities and perspective required to reap the rewards, helping you shift your strategy to align with the demands and expectations of the modern consumer. Develop the tools, metrics, and processes necessary to engage the modern consumer Gain a deep understanding of Connected Customer Relationship Management Leverage trends in technology and analytics to create targeted messages Adjust your company's structure and operations to align with new capabilities The new era of marketing requires thorough understanding of cCRM, along with the knowledge and innovative forethought to thrive in the ever-expanding digital audience platform environment. The Rise of the Platform Marketer gives you an edge, and helps you clear a path to full implementation.