The 2008 U.S. financial crisis still feels fresh for many industries trying to rebound, but PR is one segment that has seemingly put the latest economic downturn in the past. New data from Sageworks shows that the past two years have recorded strong growth for communications companies, including public relations firms, advertising agencies and media buyers. Read more…
Recently, I was debating a purchase from CSN Stores of a hanging corner bookcase, but wasn’t entirely sure it would go with my décor, so, I decided to just put it in my shopping cart and come back to it later.
Then, the next day, as I was listening to my latest playlist on Grooveshark, there it was! That same bookcase appeared in a CSN Stores ad on the right side of my screen, along with the two rugs I had contemplated buying the week before!
What was going on?! Was it sheer coincidence, or was my PC stalking me, trying to tell me that my life would be empty without that bookcase hanging in my living room? I decided the latter and bought the bookcase.
I’ve seen ads pop-up before for general areas of interest that I had done searches on (in this case, furniture), but I had never seen ads for specific products I had viewed. Since my startling realization that my computer was stalking me, I actually discovered that this tricky little technique is what advertising folk call personalized retargeting or remarketing. This technique isn’t new, but has certainly become more precise as of late.
And apparently, I’m not the only one who has noticed this increasingly targeted marketing strategy. A recent New York Times article highlights how a pair of shoes followed Julie Matlin around the Web after she contemplated buying them on Zappos. The same article notes that, “In the digital advertising business, this form of highly personalized marketing is being hailed as the latest breakthrough because it tries to show consumers the right ad at the right time.”
It’ll be interesting to see which companies put retargeting ads in place and which opt out as the technique catches on. What do you think; is this kind of marketing creepy or effective?