Retargeting That Pays: How to Convert 97% of Lost Visitors Into Revenue

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Minutes read
January 13, 2026

1. The Retargeting Opportunity

Most visitors don't convert on their first visit. They browse, consider, and leave. Without retargeting, those visitors—and the money you spent acquiring them—are gone.

Retargeting brings them back. It's one of the highest-ROI tactics in performance marketing because you're reaching users who already know your brand and have demonstrated interest.

2-3%
First-visit conversion rate
97%
Visitors who leave without converting
70%
Higher CVR with retargeting

The Math

If you're spending $10,000/month on prospecting and 97% of visitors don't convert, you're losing touch with users who cost you $9,700 to acquire. Retargeting recovers a portion of that investment at a fraction of the original cost.

Why Retargeting Outperforms Prospecting

Factor Prospecting Retargeting
Audience Cold—no prior exposure Warm—already visited/engaged
Funnel stage Top of funnel Middle/bottom of funnel
Conversion rate Lower (1-3% typical) Higher (3-10%+ typical)
CPA Higher 30-50% lower
Message Introduce brand/offer Remind and convert
Intent Unknown Demonstrated by behavior

2. The Three Core Segments

Not all retargeting audiences are equal. Segment your audiences by behavior to deliver the right message at the right time.

SEGMENT 1: Website Visitors

Intent: Low to Medium

Users who visited your site but took no action. They saw your landing page, maybe browsed around, but left without registering, signing up, or purchasing.

Typical Size
70-80% of pool
Core Strategy
Brand Awareness
Message Focus: Remind them why they visited. Highlight key benefits. Create urgency.
When to use: Broad re-engagement, building familiarity, recovering bounced traffic.
Example Messages:
  • "Still looking? Here's what you're missing."
  • "Come back and see what's new."
  • "Your [offer] is still waiting."

SEGMENT 2: Registered But Didn't Convert

Intent: High

Users who signed up or downloaded your app but didn't complete the desired action (deposit, purchase, subscription). They are in your system but haven't generated revenue.

Typical Size
15-25% of pool
Core Strategy
Targeted Incentives
Message Focus: Remove friction. Address objections. Offer incentives to complete the action.
When to use: First-deposit campaigns, activation pushes, trial-to-paid conversion.
Example Messages:
  • "Your account is ready—claim your welcome bonus."
  • "Complete your first deposit and get $50 free."
  • "You're one step away. Finish what you started."

SEGMENT 3: Existing Customers

Intent: Highest

Users who have already converted. These are your highest-value users. Retargeting them drives repeat actions and increases lifetime value (LTV).

Typical Size
5-10% of pool
Core Strategy
Retention & Upsell
Message Focus: Reward loyalty. Introduce new products/features. Create exclusivity.
When to use: Repeat deposit campaigns, upselling, cross-selling, retention.
Example Messages:
  • "Welcome back! Here's an exclusive offer just for you."
  • "You loved [Product A]—try [Product B]."
  • "VIP bonus: Deposit today and get 50% extra."

Segment Strategy

Work all three segments simultaneously but with different budget allocations. Existing Customers have the highest conversion rate but smallest pool. Website Visitors have the largest pool but lowest intent. Balance reach and efficiency based on your goals.

3. The Performance Impact

Retargeting isn't incremental—it's multiplicative. Here's how it impacts key metrics across the funnel.

3.1 Higher Conversion Rates

Retargeted users convert at significantly higher rates than cold traffic because they've already cleared the awareness hurdle.

Audience Type Typical CVR Relative Lift
Cold prospecting traffic 1-3% Baseline
Website visitor retargeting 3-6% 2-3x baseline
Registered user retargeting 8-15% 5-8x baseline
Existing customer retargeting 15-30% 10-15x baseline

3.2 Improved Customer Retention

Retargeting keeps your brand top-of-mind after the first conversion. Users who see retention-focused retargeting ads are more likely to return and engage again.

  • Remind lapsed users of your product
  • Announce new features, products, or promotions
  • Create urgency around limited-time offers
  • Reinforce brand preference vs competitors

3.3 Increased Repeat Revenue

For many verticals, repeat purchases drive the majority of revenue. Retargeting existing customers to make additional purchases is the highest-ROI activity available.

Vertical Repeat Action Retargeting Use Case
iGaming Repeat deposit "Your next bonus is waiting"
E-commerce Repeat purchase "New arrivals you'll love"
Subscriptions Renewal/upgrade "Upgrade to Pro for more features"
Finance Additional deposit "Deposit more, earn more"
Apps Return to app / IAP "You haven't played in a while"

LTV Impact

Retargeting existing customers can increase lifetime value by 20-40%. A customer who might have deposited once and churned can be converted into a repeat depositor through strategic retargeting.

4. Setting Up Retargeting

Blockchain-Ads makes retargeting setup straightforward. Follow these steps to launch your first retargeting campaign.

4.1 Prerequisites

  • Blockchain-Ads pixel installed on all pages
  • Conversion events configured (registration, deposit, purchase, etc.)
  • Minimum 1,000 users in retargeting pool (recommended for effective delivery)
  • Retargeting-specific creatives prepared

4.2 Building Your Audiences

Step 1: Navigate to Audiences in your Blockchain-Ads dashboard

Step 2: Create a new Custom Audience

Step 3: Select your segment type:

Segment Definition Lookback Window
All Visitors Anyone who triggered PageView event 7-30 days
Engaged Visitors 30+ seconds on site or 2+ pages 7-30 days
Registered Not Converted Registration event, no deposit/purchase 14-60 days
Existing Customers Deposit or purchase event 30-90 days
Lapsed Customers Past customer, no action in 30+ days 60-180 days

Step 4: Set your lookback window (how far back to include users)

Step 5: Configure exclusions (e.g., exclude converted users from acquisition segments)

Step 6: Save and allow 24-48 hours for audience to populate

Lookback Windows

Shorter windows (7-14 days) capture higher-intent users who recently visited. Longer windows (30-90 days) build larger audiences but include lower-intent users. Start with 14-30 day windows and adjust based on performance.

4.3 Campaign Setup

  1. Create a new campaign (separate from prospecting campaigns)
  2. Select your retargeting audience as the targeting source
  3. Set appropriate frequency caps (3-5 impressions per user per day max)
  4. Upload retargeting-specific creatives (not your prospecting creatives)
  5. Set budget based on audience size (smaller audiences need smaller budgets)
  6. Configure exclusions to avoid targeting users who already converted
  7. Launch and monitor daily

4.4 Exclusions: Critical for Efficiency

Exclusions prevent wasted spend by removing users who should no longer see specific campaigns.

Campaign Type Exclude These Users
Website Visitor Retargeting Users who registered or converted
Registration Retargeting Users who completed deposit/purchase
First Deposit Retargeting Users who already deposited
Repeat Purchase Retargeting None (all customers eligible)

Why Exclusions Matter

Without exclusions, you'll show "Complete your registration" ads to users who already registered—wasting budget and creating poor user experience. Always configure exclusions before launching.

5. Retargeting Creative Strategy

Retargeting creatives must be different from prospecting creatives. These users already know who you are—now you need to give them a reason to come back.

5.1 Prospecting vs Retargeting Creatives

Element Prospecting Creative Retargeting Creative
Goal Introduce brand, generate interest Drive action, convert
Headline Value proposition, features Reminder, urgency, incentive
CTA "Learn More", "Get Started" "Complete Signup", "Claim Bonus"
Offer General offer Specific incentive to return
Tone Educational, discovery Direct, action-oriented
Urgency Optional Essential

5.2 Message Framework by Segment

Website Visitors:

  • Remind: "You checked us out—here's what you're missing"
  • Urgency: "Limited time: Get 20% off your first order"
  • Social proof: "Join 50,000+ users who made the switch"

Registered Not Converted:

  • Direct: "Your account is ready. Complete your first deposit."
  • Incentive: "Deposit $50, get $50 free—only for new members"
  • Friction removal: "It only takes 2 minutes to start"

Existing Customers:

  • Loyalty: "Welcome back! Here's an exclusive bonus"
  • New products: "You'll love our newest release"
  • VIP treatment: "Special offer for our best customers"

Creative Refresh

Retargeting creatives fatigue faster than prospecting creatives because the audience is smaller and sees them more frequently. Refresh retargeting creatives every 1-2 weeks to maintain performance.

6. Frequency & Timing Best Practices

Retargeting is powerful but can backfire if overdone. Frequency caps and timing windows prevent ad fatigue and negative brand perception.

6.1 Frequency Caps

Segment Recommended Frequency Rationale
Website Visitors 3-5 per day Lower intent, need more touches
Registered Users 2-4 per day Higher intent, don't overwhelm
Existing Customers 1-3 per day Highest value, avoid annoyance

Over-Retargeting Risk

Showing the same ad 20 times per day doesn't increase conversions—it creates brand annoyance. If a user hasn't converted after 10-15 impressions, they're unlikely to convert from more impressions of the same creative. Refresh the creative or pause that user.

6.2 Timing Windows

Different actions require different follow-up timing:

User Action Optimal Retargeting Window Message Urgency
Visited site today Start immediately "Come back and finish"
Visited 3-7 days ago Moderate urgency "Still interested?"
Visited 14+ days ago Re-activation "We miss you—here's an offer"
Registered today Start within 24 hours "Complete your first deposit now"
Registered 7+ days ago Incentivize "Your bonus expires soon"
Purchased 30+ days ago Win-back "Welcome back bonus inside"

6.3 Burn Pixels

A burn pixel removes users from a retargeting audience once they convert. This prevents showing acquisition ads to users who already converted.

  • Place burn pixel on conversion confirmation page
  • User is automatically excluded from acquisition retargeting
  • User can be added to customer retargeting pool simultaneously
  • Essential for budget efficiency and user experience

7. Measuring Retargeting Success

Track these metrics to evaluate retargeting performance and optimize over time.

7.1 Key Metrics

Metric What It Measures Target Benchmark
Retargeting CPA Cost per conversion from retargeting 30-50% lower than prospecting
CVR Lift Conversion rate vs prospecting 2-5x higher than prospecting
ROAS Revenue per ad dollar spent Higher than prospecting
Frequency Impressions per user Stay below cap
Audience Size Users in retargeting pool Growing over time
Recovery Rate % of lost visitors who return 10-25% typical

7.2 Incrementality: The Real Question

Would these users have converted anyway without retargeting? Measuring incrementality ensures retargeting is driving true lift, not just capturing conversions that would have happened organically.

How to test incrementality:

  1. Hold out a control group (10-20% of retargeting audience sees no ads)
  2. Compare conversion rate of retargeted group vs control group
  3. The difference is your true incremental lift
  4. If lift is minimal, adjust segments, creatives, or strategy

7.3 Performance Benchmarks by Segment

Segment Expected CVR Expected CPA vs Prospecting
Website Visitors 3-6% 40-50% lower
Registered Users 8-15% 50-60% lower
Existing Customers 15-30% 60-70% lower

If You're Not Hitting Benchmarks

Low performance usually means one of three issues: (1) Audience too small—need more prospecting volume, (2) Creatives not compelling—need refresh, (3) Wrong segment—need better exclusions or definitions. Diagnose and fix before scaling.

8. Retargeting Launch Checklist

Technical Setup

  • Pixel installed on all site pages
  • PageView event firing correctly
  • Conversion events configured (registration, deposit, purchase)
  • Burn pixel on conversion confirmation page
  • Audience segments created in dashboard
  • Minimum 1,000 users per segment

Campaign Configuration

  • Separate campaign created for retargeting
  • Retargeting audience selected
  • Frequency caps configured (3-5/day max)
  • Exclusions set (exclude converted users from acquisition)
  • Lookback window defined
  • Budget allocated based on audience size

Creative Assets

  • Retargeting-specific creatives designed (not prospecting creative)
  • Different creatives for each segment
  • Clear CTAs with urgency
  • Incentives/offers included where appropriate
  • All 4 sizes: 300×250, 320×100, 728×90, 320×50

Measurement

  • Baseline prospecting CPA documented for comparison
  • Retargeting-specific conversion tracking verified
  • Holdout group for incrementality testing (optional)

Next Steps

Retargeting is one of the strongest performance levers available. It turns wasted prospecting spend into recovered revenue and transforms one-time buyers into repeat customers.

Ready to launch retargeting?

  1. Verify your pixel is capturing all page visits and conversions
  2. Build your three core segments (Visitors, Registered, Customers)
  3. Create retargeting-specific creatives
  4. Launch with appropriate frequency caps
  5. Measure CPA vs prospecting to prove ROI
  6. Expand and optimize based on results

Need Help Setting Up Retargeting?

Our team can help you configure segments, build creatives, and launch your first retargeting campaign.

Contact us at blockchain-ads.com

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