To balance Snow’s primary objective of driving top-of-funnel awareness with bottom-of-funnel sales goals, we set up a 70/30 DSP strategy—with 70% of spend going toward consideration campaigns and 30% toward retargeting campaigns.
This strategy plays into what we like to call “Fill the Bank; Fill the Tank.”
Using our retargeting campaigns, we took advantage of the “low-hanging fruit” opportunities to immediately drive revenue by staying top-of-mind for shoppers who saw Snow products on Amazon but didn’t buy (yet!). Instead of losing those potential customers after they leave Amazon, we used DSP’s retargeting capabilities to bring them back!
Basically, using Amazon DSP, we track those shoppers along their journey, following them from Snow’s product page and wherever they go across device types and placements, delivering highly-relevant retargeting ads and redirecting them back to Amazon.
Now that we “Filled the Bank” with these high RoAS retargeting campaigns, it was time to “Fill the Tank” by increasing shopper awareness of the Snow brand.
Using Amazon DSP’s laser-precise audience targeting capabilities, we created consideration campaigns aimed at shoppers whose browsing history showed an interest in “teeth whitening” but who have not yet purchased from Snow on Amazon or on their own website.
It’s important to know that Snow had tried targeting lookalike audiences prior to Amazon DSP in their Facebook ad campaigns, but the results were less than stellar.
After all, as we like to say, “Facebook knows what you like, but only Amazon knows what you buy.”
With Amazon DSP, we could target Amazon’s exclusive 1st party audiences that were “InMarket” for teeth whitening products and deliver relevant ads to audiences most likely to buy.
That insight into shopper behavior combined with Amazon’s unmatched targeting and reporting capabilities is exactly what makes Amazon DSP so powerful!
And the results of this 70/30 strategy speak for themselves…