How effective is retargeting? I’m understand that it varys from business to business, but from what I saw 5 years ago in consumer electronic, gaming and toys, it’s not really going to be a significate revenue source.
The retargeting most of us are see is the failed kind where you’re trying to sell a fridge to the person who already ordered one two days ago, and you’re the person who sold it, but your retargeting partner does actually support registering a purchases.
> The retargeting most of us are see is the failed kind where you’re trying to sell a fridge to the person who already ordered one two days ago
I’ve paid close attention over the past few years and have found >80% of the retargeted ads are for something I just purchased (and they are usually the “single purchase” type product, similar to the fridge analogy you used)
Even if a big share of your ad impressions falsely target someone who already bought (see sibling comment) the remaining impressions lead to an increase in conversions at a comparatively low cost per conversion.
As you said, this will vary from business to business, but I have seen very successful retargeting campaigns in b2c e-commerce as well as b2b lead generation.