Summary
Not stopping to catch its breath, the search engine giant Google is now testing the print world of traditional advertising for a way to become the "one-stop ad shop" of the future.
Original source:
http://news.com.com/Google+takes+ad+sales+to+print/2100-1024_3-5844889.html?tag=nefd.lede
Details
- Clearly they have a desire to offer more to advertisers than just a text link," said Tim Hanlon, senior vice president of emerging contacts at ad agency Publicis Groupe.
- The print ads also expand Google's efforts to become a middleman for advertisers and publishers.
- "Google has shown that big media companies don't have to be part of the mix at all," Hanlon said.
- Inksite, which sells printer ink and toner, paid about $1,000 for a one-quarter page ad in the Sept. 6 issue of PC Magazine, Keen said.
- By comparison, a text ad in search results for "printer toner" might cost as much as $2.25 per click.
- The issue has a full page of Google-facilitated ads with the URL of an online version of the page at the top.
- Fine text also appears at the top saying "Ads by Google," and "Google advertisers offer these products and services" at the bottom.
- Over the last four years, Google has established itself as the kingpin of online advertising, largely through its sales of tiny search-related ads.
- Google's "cost per click" system was built on selling keyword ads to the highest bidder and letting marketers pay only when Web surfers click on tiny text links.
- Two years later, in an effort to find new sales and avoid an eventual slowdown in the booming search ads business, Google started selling display ads.
- "I would be surprised and somewhat disappointed if they were to spend a lot of money and resources on a print advertising unit," said Safa Rashtchy, senior Internet analyst at Piper Jaffray.
- Other industry watchers saw an upside in the move, given that search ad sales could eventually peak.
- Despite mixed reactions from Google watchers, some online marketers said they are excited about the potential.
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