In an overcrowded and competitive marketplace, companies will do anything to make their brand and products stand out from the crowd. One of the many benefits of online advertising is the ability to tailor adverts based on first and third-party data.But is tailoring effective and how far should you take it?
Let’s take the gaming industry as an example. Consider some of the detail you could potentially get from placing a retargeting pixel on your website:
- The user’s account name
- The sport they last bet on
- How much they bet
- If they won or lost
- How long since their last bet
Knowing all this personal information and using dynamic ads, you could create a very personalized message, such as: ‘Hi Jim, congrats on the $1,000 win yesterday. Fancy a bet on the game tonight? Bet now!’