Business Magazine

Best News For Domainers Ever? Amazon Developing Product To Compete With Google Adwords

Posted on the 23 August 2014 by Worldwide @thedomains

In what be the best news for domainers in many years, according to the Wall Street Journal (WSJ.com), Amazon.com Inc. (AMZN) “is gearing up to more directly challenge Google Inc. dominance of the online advertising market, developing its own software for placing ads online that could leverage its knowledge of millions of Web shoppers.”

“Initially, Amazon plans to replace those ads on its pages that Google chiefly supplies with a new in-house ad placement platform,

In the future, that system could challenge Google’s $50 billion-a-year advertising business”

“The people familiar with the matter said Amazon’s offering would resemble Google’s AdWords, the engine that Google uses to place keyword-targeted ads alongside Google search results and on more than two million other websites. AdWords is the foundation of Google’s roughly $50 billion-a-year advertising business, and Google counts Amazon as one of its biggest buyers of text link ads.”

“To displace the Google ads on its site, Amazon is building a tool to help advertising agencies buy in bulk for potentially thousands of advertisers, the people familiar with the matter said. Building such a system could enable Amazon to boost its business placing ads on third-party websites. Google offers similar capability for advertisers using AdWords.”

After years and years of decreasing revenue for domain holders, from Google PPC revenues while Google keep setting records profits quarter over quarter, the one thing domain investors have been missing is competition for their traffic.

If Amazon puts together a product that actually competes for the traffic and increase payouts to domain holders it could be a game changer.

Interesting that both Google and Amazon where in the top 5 of all companies filing new gTLD applications.


Back to Featured Articles on Logo Paperblog