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Google drove $80B in U.S. and $132M in Louisiana economic activity last year
Posted on 7/2/12 at 2:46 pm
Posted on 7/2/12 at 2:46 pm
quote:
Google is driving serious economic activity in the U.S. -- at least, that is, according to Google.
The search giant today unveiled its 2011 Economic Impact report, and said that its search and advertising tools, including AdWords and AdSense, drove $80 billion in economic activity across the U.S. last year. The company said it reached that figure with help from "1.8 million businesses, Web site publishers, and non-profits across the U.S."
In order to arrive at that figure, Google used some fancy math. The company estimates that businesses that use AdWords make $2 in revenue for every $1 they spend on the advertising platform. In addition, the company assumed that a business will receive five clicks in search results for every one click on their ads.
LINK
Link to Google's Economic Impact Site:
LINK
Posted on 7/2/12 at 3:00 pm to rickgrimes
Looks like Adwords spending is declining eh? I don't use it and have never seen the returns that they claim. Keyword arbitrage drives up the click pricing out of a cost effective range for most of the businesses that would rely on Adwords.
just my .02
just my .02
Posted on 7/2/12 at 9:48 pm to CtotheVrzrbck
quote:
have never seen the returns that they claim
I've seen well beyond what they claim. All depends on your niche, market conditions, campaigns, etc.
Seems like there would be more than 14,000 advertisers and publishers in Louisiana?
Posted on 7/4/12 at 4:07 pm to rickgrimes
123,000,000 for Rhode Island versus 132,000,000 for Louisiana 

Posted on 7/5/12 at 1:36 pm to LouisianaSportsman
quote:dman
123,000,000 for Rhode Island versus 132,000,000 for Louisiana
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