August 15, 2024
Insights
Unlock Up to 2x More Retargeting Conversions with Shopify Audiences

At Nexus Commerce, we're always on the lookout for the latest tools and updates that can help our clients get the most out of their e-commerce efforts. Today, we're excited to share some fantastic news: Shopify Audiences v2.3 is here, and it's packed with features designed to supercharge your ad targeting and maximize your return on ad spend (ROAS).

Why Shopify Audiences v2.3 is a Game-Changer

Since its launch, Shopify Audiences has been a powerful tool for merchants looking to target their digital advertising more precisely. With the latest update, Audiences v2.3, the platform has taken a giant leap forward, offering even more precise targeting and up to two times more retargeting conversions for every marketing dollar spent. This is a massive opportunity for brands to reduce their customer acquisition costs (CAC) while boosting conversions.

Key Highlights for Brands to Leverage

  1. Better Targeting with Retargeting Boost Lists: Shopify Audiences v2.3 introduces custom Retargeting Boost lists that allow brands to reach high-intent customers more effectively. By leveraging millions of data points from the Shopify platform, these lists help you target the right customers at the right time, ensuring your ads are seen by those most likely to convert.
  2. Lower Customer Acquisition Costs: In today's competitive digital advertising landscape, lowering CAC is crucial. Shopify Audiences has proven to reduce CAC by as much as 50% for some merchants. With v2.3, these improvements are even more pronounced, making it easier to stretch your ad budget further and achieve higher ROAS.

Our Expertise in Automated Targeting Systems

At Nexus Commerce, we've been at the forefront of implementing automated targeting systems that segment audiences based on customer behavior. We've worked with various clients to develop custom solutions that target users based on the pages they've visited, the products they've purchased, and their overall interaction with the brand.

For example, we've helped a high-end fashion retailer decrease their CAC by over 40% by implementing a Shopify Audiences-powered retargeting strategy. This approach segmented their audience based on purchase history and browsing behavior, ensuring that ads were highly relevant and targeted.

Getting Started with Shopify Audiences

Ready to take advantage of these powerful features? Here's how you can get started:

  1. Install Shopify Audiences: Ensure your store is using Shopify Plus and Shopify Payments in the US or Canada, then install the Audiences app.
  2. Turn on Data Sharing: This allows Shopify Audiences to develop insights based on your store's data. Ensure your privacy policy is up to date.
  3. Connect Your Ad Platforms: Start with Meta, Google, Pinterest, or other supported platforms, and let Shopify Audiences generate your custom audience lists.

If you need support implementing Shopify Audiences or want to discuss how we can help you create a more effective targeting strategy, don’t hesitate to contact us. We're here to help you make the most of your ad spend and grow your business.