Introduction
A lot of marketers are excited to learn about in-market audiences – and for good reason! In-market audiences are a new feature in Google Ads that allow you to target people who are likely to be ready to buy your product or service. They’re a smart way to reach customers who aren’t just looking around on the internet, but actually considering buying what you’re selling.
What is an In Market Audience in PPC campaigns?
An in-market audience is a group of people who have expressed an interest in your product or service. These are people who have already expressed an interest in what you’re selling, so they are more likely to buy from you than someone who hasn’t shown any indication of being interested in what you’re selling.
In-market audiences can be used as part of your bid strategy when creating ads and campaigns on Google Ads (formerly known as Google AdWords).
You can create an audience for any combination of these audiences, and then segment them based on the products they’re interested in. The options are limitless. In-market audiences consist of individuals interested in specific products or services, like vehicle owners considering a new car purchase. These audiences are generated from Google surveys, querying respondents about their buying plans within six months. The resulting list will include the names and contact information of those who responded positively to the question.!
How to Set Up an In-Market Audience
To set up an In-Market Audience, you’ll need to log into your AdWords account and choose the campaign you want to use. Then, select the audience type from the dropdown menu that best suits your needs. Next, choose how big of a target audience size (number of people) you want to serve ads too: small (100k).
You’ll need to pinpoint segments of users likely in the buying process based on their search habits or browsing history. These could include brand loyalists, recent purchasers of similar products, those who viewed similar products in-store but haven’t bought, and new customers showing interest based on their online activity.
Choose whether these targets should see ads only when they’re physically within close proximity (geotargeting) or anywhere across all time zones worldwide (timezone targeting).
Who Should Use In Market Audiences
If you’re a B2B company, In-Market Audiences is a must. your business sells to consumers, but not businesses (like an ecommerce site), then it’s still worth taking a look at this feature. If you’re selling products to both businesses and consumers, then In-Market Audiences can be especially useful.
In-Market Audiences uses machine learning to identify consumers who are in a buying cycle and likely to buy your product. The audience will include anyone who is researching the products you sell, as well as those who have recently purchased similar items.
In-Market Audiences is useful for B2B companies, but it can be especially useful for B2C companies. If you sell consumer goods, like toilet paper or garbage bags, then In-Market Audiences can help you reach people who are in the market for those items.
How Will I Know if I’m Using an In-Market Audience
When you’re using in-market audiences, you can see if you’re using one by looking at the audience type. If it says “In-Market” or “In-Market Audience,” you’re targeting potential customers already interested in your product or service.
You can also use other targeting methods at the same time as In Market Audiences (IMA). For instance, to target people near my office who aren’t ready to buy yet, I’d combine geotargeting with IMAs for precise ad delivery.
There are many benefits to using in-market audiences in your PPC campaigns
In-market audiences are more likely to convert. They have a higher average order value and they’re more loyal customers. They also spend more money, refer others, and are less likely to churn.
In-market audiences are more likely to convert. They have a higher average order value and they’re more loyal customers. They also spend more money, refer others, and are less likely to churn.
Conclusion
In-market audiences are a great tool for PPC campaigns. They grant access to interested individuals, simplifying customer outreach and conversion. If you’re not using this type of audience in your campaigns yet, now is the time!
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