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Thursday, September 20, 2007

Go, Go Google Gadget Ads

Posted by Jim Hedger @ 9:14 am

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Google has introduced a new method of placing AdWords paid search ads on private websites that might re-revolutionize search advertising. Google Gadget Ads are widgets in which dynamic, rich media advertising can be displayed. Unlike traditional text-link AdWords, Google Gadget ads could include audio, maps, HTML, JS, video or Flash animation, often in the same space.

The Google AdWords Gadget Ads page calls gadget ads, “Websites within Websites”. Basically, a gadget contains a small website within an application that appears on relevant websites in the AdWords content network. The use of Gadget Ads greatly increases versatility and flexibility for both AdWords advertisers and webmasters displaying the ads.

Google revolutionized search advertising in the early part of this decade by innovating (and improving) on the Overture Pay per Click model and by providing the largest distribution system in human history to its advertisers. The introduction of Google Gadget Ads opens the door for other ad-networks to come up with similar competing advertising opportunities.

Another outcome of Google Gadget Ads is easier inclusion of graphic display ads as served up by Google’s greatest pending acquisition, DoubleClick. Gadget Ads create an instant, global distribution network for banner and display advertising. Perhaps this is Google’s way of merging the two advertising markets. Check out the Gadget Ad sizing example page Google provided to make your own judgment.

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Canadian Loonie Hits Par with US Dollar

Posted by Jim Hedger @ 8:39 am

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For the first time in over thirty years, the currencies of the US and Canada have reached parity. One dollar CDN is now equal to one dollar US. The rapid rise of the CDN dollar over the past twenty four months has come as a shock to web services firms on the northern side of the 49th parallel. Two years ago, the Canadian dollar was worth approximately $0.85 US, a value that worked well for companies selling their services across the border.

Long used to offering slightly lower prices than our American colleagues or enjoying a 10 – 20% premium when converting US billings to CDN currency, Canadian web services firms find themselves in an odd position. Though consumer and business supplies are suddenly much cheaper, Canadian firms have to work harder to simply maintain consistency in monthly revenue streams.

Fees for virtually all web services in North America are charged in American currency. It’s been that way since the earliest days of the web. US clients expected to be charged in their own currency and given the slight advantage of having a weaker dollar, Canadian companies were only too happy to comply. When the CDN dollar rested in the $0.85 range, a $10,000 (US) contract would translate into approximately $11,500 (CDN).

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