A retargeting renaissance in online ad tools has Google rolling out an AdWords "remarketing" tool Thursday to help advertisers connect with consumers who landed on their Web site but didn't convert
the visit into a sale.
Experts suggest that technology has matured and grown up. Older technologies, which had little impact on sales and profit, gave way to become more sophisticated to more
accurately serve up ads directly related to consumer behavior based on Web browser data.
DoubleClick's lead architect Magnetic Founder Josh Shatkin-Margolis launched a retargeting platform earlier this week.
Marketers have
begun to come back to retargeting platforms. Infiniti, Armani cosmetics and fragrances, InterContinental Hotels Group, DoubleTree, Samsung and several hundred companies have been quietly testing and
providing feedback on Google's AdWords tool.
Google opened the remarketing trial in March 2009 as part of its "interest-based" adverting feature. Now, the Mountain View, Calif. search engine
will make the tool available to all that use AdWords. And while Aitan Weinberg, product manager for the Google Content Network, insists on referencing it as an AdWords "remarketing" tool, Michael
Menis, vice president of global interactive marketing at the InterContinental Hotels Group, makes no bones about calling it a "retargeting" tool. "We use retargeting," says Menis, who began using
Google's tool in December.
The AdWords tool targets consumers based on behavior that Web browser cookies track and snippets of code embedded in Web pages read. It's all done across the Google
Content Network, which comprises about one million sites running AdSense.
InterContinental Hotels, which drives online marketing and advertising based on metrics, uses the tool to increase
revenue through the Web. The company has seen a "revenue uplift," which means higher bookings, Menis says. "Retargeting measurement is a little complicated because you have to imagine that there's a
percent of people that once they leave your site will likely come back. So you need to measure the lift."
Menis relies on a variety or metrics to determine revenue lift, including measuring the
click-to-book revenue. About 50% of InterContinental Hotels' marketing budget goes toward non-traditional marketing activities.
"Retargeting is a little like search," Menis says. "What excites me
about retargeting is to do it well you need to think of it similar to a science, much like search."
Menis believes any marketer can take out their credit card and buy a keyword to get up and
running within a few minutes. But he says that to develop expertise, marketers need to optimize all the levers influencing the revenue stream through search, a similar tactic in retargeting.
Search advertisers also can tap Google's remarketing tool to create an integrated campaign strategy. After driving traffic to a Web site with search ads, advertisers can retarget consumers by serving
up custom ads throughout the Google Content Network.
Google's remarketing tool also lets advertisers develop strategies for YouTube. Beginning today, advertisers can remarket across the Google
Content Network to consumers who have interacted with brand channels on YouTube or the YouTube home page ad. Samsung was one of the advertisers who used that feature to introduce the Behold 2 mobile
phone, reaching more than 100,000 consumers.