In the fast-moving waters of digital marketing today, there are two aspects that, in most cases if not all, greatly enhance the conversion process. Even though they are used interchangeably, one wouldn't be wrong if they played the other's role in ensuring you reach your potential customers.
Retargeting is a process in digital marketing that consists of ensuring users who have visited one's website but did not convert by performing a particular activity, such as buying something or filling out a form, are engaged again. This is done by showing such users targeted ads as they visit other websites. Retargeting keeps the brand at the top of the customers' minds and encourages customers to come back and convert.
Remarketing, on the other hand, is often associated with email marketing. The term is used in reference to contacting people that have, in one way or the other, interacted with your business. The interaction could be in the form of visiting your webpage, signing up for your newsletter, or purchasing a given product. Such emails often have triggered emails with personalized recommendations or exclusive discounts and subtle reminders to spur the interest that will redirect them to you.
Retargeting essentially operates with display ads through various websites and social media networks, while remarketing becomes based on email campaigns.
Retargeting aims to bring the user back to your website to finish an incomplete activity only. The goal of remarketing is to increase the relationship and inspire repeat business.
Retargeting and remarketing are some of the most potent weapons in the digital marketer's arsenal. By understanding the strengths of both and knowing how to apply them strategically, you can create better campaigns, engage more customers, and significantly increase conversions.