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Discover what the Dynamic Creative Retargeting can do for your business

Wednesday May 02, 2012 10:56am

Retargeting is “the ability to show display ads to an individual who has visited your site and then left again, often without completing a desired action”. This is how Dax Hamman described it in an article he wrote for the iMedia Connection, I’m sure we’ve all been on a site and all of a sudden you get ‘followed’ around the place until you cave into that deal they’ve shown you so many times.  


So retargeting is pretty important not only for your brand as you gain greater visibility to users who have a propensity to convert but it also uplifts conversion rates.


This is where dynamic creative retargeting comes in; DCR goes that one step further by showing your potential customers ads specifically created for their tastes and interests. Users often drop off the buying process as mentioned; with normal retargeting you would hit that user with a generic ad. There is no doubt, however, that the user is looking for something specifically – it might be a hotel booking or a pair of shoes – with DCR you can show that user that specific hotel or those jazzy shoes they were staring at for so long and it is the ability to create tailored ads that makes DCR so powerful, it’s like having your own little ad genie that brings you what you want on the web!

It doesn’t just help you to reach engaged customers and push them that little further down the buying process, it’s also really effective with cross-sell products, with conversion rates up to 10 times higher than regular retargeting ads and CTRs up to 15 times than with standard display. 


So what do you guys think is Dynamic Creative Retargeting the future for retargeting? It certainly looks that way with more and more personalised ads reaching our screens every day, contact the GDM Real Time Team for more information on how you can implement DCR today!


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Key performance indicators - is a statistical measure of performance

Stock keeping unit – a product or item which is identified by its unique ID code.

Cost per click - the cost that the advertisers pay for every click.

Search engine optimization – process of optimising your website in order to enhance visibility on search engines such as Google.

Dynamic creative retargeting – based on information gained from a users visit to a site an ad is dynamically created to retarget the user with the item or similar items they viewed previously

Cost per acquisition/action (NB acquisition is the same as a conversion)

Dynamic creative optimisation -  a creative is dynamically generated in real time based on various factors to make the optimum creative message for a user

Internet Protocol - a unique number/ID that is assigned to every device that connects to the internet

Click through rate - the ratio of how many people have clicked over the total impressions shown

Cost per thousand, the standard pricing model for media in which advertisers pay per 1000 impressions.

RTB stands for Real Time Buying. When users visit a website, the ad exchange conducts auctions between multiple advertisers for impressions on that site.