Retargeting 3.0

*Shared for the first time to the world

Brief History of Retargeting:

Retargeting 1.0 = Placing a Pixel         – 95% who use retargeting are doing this
Retargeting 2.0 = Segmenting Pixels  – 4.9999% who use retargeting are doing this (A little extra work can save 50% of your budget while increasing profits)
Retargeting 3.0 = Laddering Pixels     – 0.0001% who use retargeting are doing this. (Probably less as I am just sharing it with the world)
(updated to 4.0 = Pareto Pixeling        – no one yet…my clients soon. Based on a conversation and thus named by Jermaine Griggs and explained another day)

I named it: The Retargeting Ladder (the creator gets naming rights :))

What You Need to Know:
– Your numbers (CPA, CPC, CLV, Cost Per Impression etc)

How it works:

1. Have between 2 and 10 pixels/lists (These are your “rungs on the ladder”)

2. Place them across the site (Use Retargeting 2.0)

Example:
Your Budget for getting a person back to the site… spend accordingly.

During the first 1 – 12 hours after a prospect is pixeled increase your spend to be 70% of your allocated budget.
(i.e. if you have a budget of $10 spend $7 within this timeframe.)

During the next 12 hours decrease your spend by 20%.

For the next 48 hours (24 – 72 hours) decrease your spend 20%.

The 3 to 7 days spend 5% of your budget.

Allocate the final % on the forever pixel(s) and use these for Branding etc.

The interesting part is that most people will already be following a similar schedule to come back to your site… the change is your willingness to spend significantly using recency/time as a factor.

The more recent the more you should spend.
The longer the less you should spend to acquire a customer.

A simplified way to say it is to strike (pay more) when the iron is hot (always hottest coming out of the furnance/on your site)

While this is an “advanced” strategy, those who implement it will have the razors edge advantage on those just doing retargeting 1.0 or 2.0.

*bonus for those who read this far is to modify your ads based on each “rung” of the ladder (including message and offer etc)*

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– Thanks for the early feedback on this post
Paul Sokol
Ryan Skelly
Red Rose
Seth Ellsworth
Bret Thomson
Danny Iny
Jon Morrow
Jermaine Griggs