To set up an effective marketing campaign, you’ll need to focus on ad targeting. The issue with ad targeting isn’t a lack of opportunity; it’s knowing how to leverage the tools at your disposal to develop an effective strategy.
What Is Ad Targeting?
Ad targeting also referred to as targeted advertising, is the practice of placing adverts on particular platforms and places in order to maximize exposure and engagement with a target demographic.
User behavior and preferences determine how the adverts are displayed and where they are presented. A targeted ad is strategically positioned to target a specific group of people based on previous consumer preferences, as opposed to posting a general advert online.
The Benefits of Targeted Advertising
Both consumers and marketers can benefit greatly from targeted advertising. Consumers are looking for tailored content, services, and products that are relevant to their needs, wants, and preferences.
As a result, they are more likely to be interested in your service or product when they discover an advertisement that applies to them on a website or channel they frequent.
This personalized approach provides value for consumers. It benefits brands and marketers, too, because the more the target audience interacts with the advertisement, the more the chances of gaining more leads, conversions, and sales.
What Are the Different Types of Ad Targeting Methods?
There are a number of ways that you can use targeted advertising to drive your campaign. Here are some of the most popular ad targeting methods:
Geotargeting
This type of targeted advertising involves reaching users in a specific geographical area. If you’re promoting a brand that provides roofing services in Prescott, Arizona, for example, you would target homeowners in that area.
Behavioral Targeting
Customer segments can be created using behavioral targeting (also known as interest targeting). This form of advertising is tailored based on web surfing activities such as the types of web pages visited, searches made, and hyperlinks clicked.
Targeting Consumers Based on Demographics
With this type of targeted advertising, you can target specific groups of people based on attributes such as gender, age, level of education, and even job title. It allows you to reach a specific demographic.
Contextual Targeting
Ads are displayed on websites with material that is relevant to them through the concept of contextual targeting. If a user is browsing a website about beauty tips, for example, they will see advertisements for cosmetic products.
How to Set Up an Ad Targeting Campaign
Suppose you’re hoping to market a brand using this strategy. In that case, you can follow these steps to set up an effective targeted advertising campaign:
- Set Advertising Goals and Clearly Define our Objectives
Determine what the brand is all about and what it hopes to achieve with this marketing strategy.
- Determine Which Approach You Will Use
This step involves choosing the best channels to use for your targeted advertising. Will social media ads be a better way to advertise the product or service? What tools will you use to create these adverts?
- Define a Target Audience
Defining your target audience is an essential step in ad targeting because it helps you determine who your campaign will target. If you’re advertising baby products, for example, your target market will be new parents, who will likely be people from age 21 to 31.
- Create the Content
Once you have completed the planning stages, it’s time to get creative and design the ad. Whether you’re creating a new video ad or display ad, ensure that you include a strong call to action to encourage consumers to make a purchase.
- Post the Ad
The next step is to get the ad out to your target market. Keep in mind that this will involve an investment, but if the ad has been designed well, you can expect a handsome ROI.
- Analyze the Results of the Campaign
Monitoring the results of your efforts is an integral part of the process. It helps you determine what you did right and what you can improve on.
Final Thoughts
People today don’t want to wait to see a TV commercial to find a product or service. Targeted advertising provides a convenient way for consumers to find what they’re looking for and an effective strategy for brands to reach their target market.