This centralized behemoth dictates the terms under which countless businesses reach customers online.
FM
Modern businesses marketing products and services have more tools than ever at their disposal. Despite the many ways in which it’s possible to “get the word out” and reach critical mass, though, one platform continues to wield disproportionate influence: Google Adwords.
For better or worse, this centralized behemoth dictates the terms under which countless businesses reach customers online. But perhaps there’s a better way.
Despite its enormous popularity, the world’s biggest seller of online ads isn’t exactly universally loved. In fact, complaints from advertising execs have led to investigations into its anti-competitive and monopolistic nature.
Everyone knows Google. But only businesses – and to a lesser extent customers – have a sound working knowledge of Google Adwords.
Essentially, Adwords is a paid advertising platform that pushes articles and landing pages to the top of search results. Advertisers pay Google on a cost-per-click (CPC) basis for the privilege of reaching more viewers.
In the final quarter of 2020, Google’s revenue surged to $56.7 billion, up from $46 billion in the preceding quarter. Over the course of the year, ad revenue alone was around $123.8 billion, with Google continuing to dominate the search engine market.
According to Statista, Google has a market share of 85.86%. While many companies continue to devote time and resources to search engine optimization (SEO), it is becoming more difficult to make an impression organically.
As a profit-oriented business, Google naturally looks to compel businesses to buy ads rather than attracting customers for free.
As useful as Adwords can be, though, it’s not without flaws. The pay-per-click model, for instance, is no guarantee of conversions, and rates have risen significantly in recent years, pricing out many SMEs.
Believe it or not, Google can earn as much as $50 per click from the most coveted PPC keywords. And if you’re paying $50 per click, you’d better be damn confident it leads to a sale!
The expensiveness of valuable search terms inevitably makes it difficult to compete with large companies, while the limited number of characters allocated to each ad makes it difficult for certain businesses to market their products.
What’s more, certain perfectly legal enterprises are prohibited from advertising on Adwords in the first place: businesses selling fireworks, tobacco, or VPNs, for instance.
The increasingly censorious nature of Google (and Big Tech more generally) could also push people and institutions to explore Adwords alternatives.
Imagine, for instance, a company CEO is “cancelled” and Google takes steps to remove the firm’s advertising, citing policy violations. Theoretically you could appeal – but there’s no guarantee of having your ads reinstated.
How Could Blockchain Benefit Advertisers?
So, how might blockchain-based advertising represent an improvement on the current paradigm, and help publishers and advertisers reach a wider audience?
Now we don’t have to speculate: we have a working example out in the wild to illustrate the benefits. AdEx Network is a privacy-focused, censorship-resistant decentralized platform for advertisers and publishers that features real-time reporting and tools to limit low-quality traffic and reduce ad spend.
Last year, the adtech firm exited its private beta and began to facilitate the trading of advertising space and time, combining peer-to-peer technology and cryptography.
In its first year, AdEx has on boarded over 6,200 publishers and advertisers (including the world’s leading VPN provider, NordVPN) representing annual growth of 3,800%.
It also supported close to 900 advertising campaigns in 2020, a figure it expects to easily surpass in 2021 as awareness grows.
Built atop blockchain technology (AdEx Core), the protocol offers multiple benefits when compared to Google Adwords. For a start, it only counts ad impressions if the browser spends at least five seconds on the page containing the advert.
The emphasis is also on high-quality traffic rather than apathetic web users who won’t convert. Advertisers and publishers can choose to pay in either fiat currencies or digital assets such as bitcoin and ether, while privacy protections ensure that data is never collected on users.
High-Value Targeting Minus Centralization
What’s particularly nifty about AdEx is that users won’t necessarily be aware of the platform’s existence – unlike with Google. Thus web browsers will see ads but not the AdEx branding, making for a non-intrusive experience.
Publishers, meanwhile, can avail themselves of the sort of targeting offered by AdWords, based on things like interests, geography, age, etc.
AdEx has multiple use cases including for affiliate networks, with publishers able to earn a share of revenue from every purchase of a product.
Currently AdEx is making inroads into the decentralized finance (defi) space, with staking pools, automatic compounding, and built-in insurance. By staking native ADX tokens, users provide stability to the platform and stand to earn rewards in return.
Not so long ago, Google Adwords was the only show in town. But like fiat currencies, its influence is waning as blockchain-based alternatives come to the fore.
Unlike the highly politicized Big Tech cartels, decentralized advertising platforms remain true to the founding principles of the open internet, facilitating fair and transparent online commerce.
Modern businesses marketing products and services have more tools than ever at their disposal. Despite the many ways in which it’s possible to “get the word out” and reach critical mass, though, one platform continues to wield disproportionate influence: Google Adwords.
For better or worse, this centralized behemoth dictates the terms under which countless businesses reach customers online. But perhaps there’s a better way.
Despite its enormous popularity, the world’s biggest seller of online ads isn’t exactly universally loved. In fact, complaints from advertising execs have led to investigations into its anti-competitive and monopolistic nature.
Everyone knows Google. But only businesses – and to a lesser extent customers – have a sound working knowledge of Google Adwords.
Essentially, Adwords is a paid advertising platform that pushes articles and landing pages to the top of search results. Advertisers pay Google on a cost-per-click (CPC) basis for the privilege of reaching more viewers.
In the final quarter of 2020, Google’s revenue surged to $56.7 billion, up from $46 billion in the preceding quarter. Over the course of the year, ad revenue alone was around $123.8 billion, with Google continuing to dominate the search engine market.
According to Statista, Google has a market share of 85.86%. While many companies continue to devote time and resources to search engine optimization (SEO), it is becoming more difficult to make an impression organically.
As a profit-oriented business, Google naturally looks to compel businesses to buy ads rather than attracting customers for free.
As useful as Adwords can be, though, it’s not without flaws. The pay-per-click model, for instance, is no guarantee of conversions, and rates have risen significantly in recent years, pricing out many SMEs.
Believe it or not, Google can earn as much as $50 per click from the most coveted PPC keywords. And if you’re paying $50 per click, you’d better be damn confident it leads to a sale!
The expensiveness of valuable search terms inevitably makes it difficult to compete with large companies, while the limited number of characters allocated to each ad makes it difficult for certain businesses to market their products.
What’s more, certain perfectly legal enterprises are prohibited from advertising on Adwords in the first place: businesses selling fireworks, tobacco, or VPNs, for instance.
The increasingly censorious nature of Google (and Big Tech more generally) could also push people and institutions to explore Adwords alternatives.
Imagine, for instance, a company CEO is “cancelled” and Google takes steps to remove the firm’s advertising, citing policy violations. Theoretically you could appeal – but there’s no guarantee of having your ads reinstated.
How Could Blockchain Benefit Advertisers?
So, how might blockchain-based advertising represent an improvement on the current paradigm, and help publishers and advertisers reach a wider audience?
Now we don’t have to speculate: we have a working example out in the wild to illustrate the benefits. AdEx Network is a privacy-focused, censorship-resistant decentralized platform for advertisers and publishers that features real-time reporting and tools to limit low-quality traffic and reduce ad spend.
Last year, the adtech firm exited its private beta and began to facilitate the trading of advertising space and time, combining peer-to-peer technology and cryptography.
In its first year, AdEx has on boarded over 6,200 publishers and advertisers (including the world’s leading VPN provider, NordVPN) representing annual growth of 3,800%.
It also supported close to 900 advertising campaigns in 2020, a figure it expects to easily surpass in 2021 as awareness grows.
Built atop blockchain technology (AdEx Core), the protocol offers multiple benefits when compared to Google Adwords. For a start, it only counts ad impressions if the browser spends at least five seconds on the page containing the advert.
The emphasis is also on high-quality traffic rather than apathetic web users who won’t convert. Advertisers and publishers can choose to pay in either fiat currencies or digital assets such as bitcoin and ether, while privacy protections ensure that data is never collected on users.
High-Value Targeting Minus Centralization
What’s particularly nifty about AdEx is that users won’t necessarily be aware of the platform’s existence – unlike with Google. Thus web browsers will see ads but not the AdEx branding, making for a non-intrusive experience.
Publishers, meanwhile, can avail themselves of the sort of targeting offered by AdWords, based on things like interests, geography, age, etc.
AdEx has multiple use cases including for affiliate networks, with publishers able to earn a share of revenue from every purchase of a product.
Currently AdEx is making inroads into the decentralized finance (defi) space, with staking pools, automatic compounding, and built-in insurance. By staking native ADX tokens, users provide stability to the platform and stand to earn rewards in return.
Not so long ago, Google Adwords was the only show in town. But like fiat currencies, its influence is waning as blockchain-based alternatives come to the fore.
Unlike the highly politicized Big Tech cartels, decentralized advertising platforms remain true to the founding principles of the open internet, facilitating fair and transparent online commerce.
Revolut Reconsiders London Listing; NAGA CEO on Return to Profit
Revolut Reconsiders London Listing; NAGA CEO on Return to Profit
Revolut Reconsiders London Listing; NAGA CEO on Return to Profit
Revolut Reconsiders London Listing; NAGA CEO on Return to Profit
Today’s financial news recap covers NAGA CEO discusses its return to profitability, Revolut reconsiders a London listing, Warren Buffett is stepping down as chairman and the FCA targets illegal peer-to-peer crypto sites.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers NAGA CEO discusses its return to profitability, Revolut reconsiders a London listing, Warren Buffett is stepping down as chairman and the FCA targets illegal peer-to-peer crypto sites.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers NAGA CEO discusses its return to profitability, Revolut reconsiders a London listing, Warren Buffett is stepping down as chairman and the FCA targets illegal peer-to-peer crypto sites.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers NAGA CEO discusses its return to profitability, Revolut reconsiders a London listing, Warren Buffett is stepping down as chairman and the FCA targets illegal peer-to-peer crypto sites.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office
iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office
iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office
iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office
iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office
iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office
Today’s financial news recap covers iFOREX cuts its first-half earnings estimate, AvaTrade closes its Poland branch, Devexperts targets South Korean brokers, and TradingView adds MCP for AI tools.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers iFOREX cuts its first-half earnings estimate, AvaTrade closes its Poland branch, Devexperts targets South Korean brokers, and TradingView adds MCP for AI tools.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers iFOREX cuts its first-half earnings estimate, AvaTrade closes its Poland branch, Devexperts targets South Korean brokers, and TradingView adds MCP for AI tools.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers iFOREX cuts its first-half earnings estimate, AvaTrade closes its Poland branch, Devexperts targets South Korean brokers, and TradingView adds MCP for AI tools.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers iFOREX cuts its first-half earnings estimate, AvaTrade closes its Poland branch, Devexperts targets South Korean brokers, and TradingView adds MCP for AI tools.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers iFOREX cuts its first-half earnings estimate, AvaTrade closes its Poland branch, Devexperts targets South Korean brokers, and TradingView adds MCP for AI tools.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Can you memorise the textbook? That’s not necessarily the point.
Can you memorise the textbook? That’s not necessarily the point.
Can you memorise the textbook? That’s not necessarily the point.
Can you memorise the textbook? That’s not necessarily the point.
Can you memorise the textbook? That’s not necessarily the point.
Can you memorise the textbook? That’s not necessarily the point.
What matters is whether you can retain the information, understand it and actually apply it.
Take brokerage models. Knowing what a brokerage model is only gets you so far. What companies really need is an understanding of how to build one and how it can be applied.
That kind of practical understanding goes beyond simply reading a textbook.
#FinanceMagnates #FMAcademy #Fintech #FinanceCareers #ProfessionalDevelopment
What matters is whether you can retain the information, understand it and actually apply it.
Take brokerage models. Knowing what a brokerage model is only gets you so far. What companies really need is an understanding of how to build one and how it can be applied.
That kind of practical understanding goes beyond simply reading a textbook.
#FinanceMagnates #FMAcademy #Fintech #FinanceCareers #ProfessionalDevelopment
What matters is whether you can retain the information, understand it and actually apply it.
Take brokerage models. Knowing what a brokerage model is only gets you so far. What companies really need is an understanding of how to build one and how it can be applied.
That kind of practical understanding goes beyond simply reading a textbook.
#FinanceMagnates #FMAcademy #Fintech #FinanceCareers #ProfessionalDevelopment
What matters is whether you can retain the information, understand it and actually apply it.
Take brokerage models. Knowing what a brokerage model is only gets you so far. What companies really need is an understanding of how to build one and how it can be applied.
That kind of practical understanding goes beyond simply reading a textbook.
#FinanceMagnates #FMAcademy #Fintech #FinanceCareers #ProfessionalDevelopment
What matters is whether you can retain the information, understand it and actually apply it.
Take brokerage models. Knowing what a brokerage model is only gets you so far. What companies really need is an understanding of how to build one and how it can be applied.
That kind of practical understanding goes beyond simply reading a textbook.
#FinanceMagnates #FMAcademy #Fintech #FinanceCareers #ProfessionalDevelopment
What matters is whether you can retain the information, understand it and actually apply it.
Take brokerage models. Knowing what a brokerage model is only gets you so far. What companies really need is an understanding of how to build one and how it can be applied.
That kind of practical understanding goes beyond simply reading a textbook.
#FinanceMagnates #FMAcademy #Fintech #FinanceCareers #ProfessionalDevelopment
US Senate Blocks CLARITY Act; IBKR Links X to Trading
US Senate Blocks CLARITY Act; IBKR Links X to Trading
US Senate Blocks CLARITY Act; IBKR Links X to Trading
US Senate Blocks CLARITY Act; IBKR Links X to Trading
US Senate Blocks CLARITY Act; IBKR Links X to Trading
US Senate Blocks CLARITY Act; IBKR Links X to Trading
Today’s financial news recap covers the US Senate blocks the CLARITY Act, Interactive Brokers links X Cashtags to trading, and Match-Trade offers seven-day prop firm launch with Match-Prop.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the US Senate blocks the CLARITY Act, Interactive Brokers links X Cashtags to trading, and Match-Trade offers seven-day prop firm launch with Match-Prop.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the US Senate blocks the CLARITY Act, Interactive Brokers links X Cashtags to trading, and Match-Trade offers seven-day prop firm launch with Match-Prop.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the US Senate blocks the CLARITY Act, Interactive Brokers links X Cashtags to trading, and Match-Trade offers seven-day prop firm launch with Match-Prop.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the US Senate blocks the CLARITY Act, Interactive Brokers links X Cashtags to trading, and Match-Trade offers seven-day prop firm launch with Match-Prop.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the US Senate blocks the CLARITY Act, Interactive Brokers links X Cashtags to trading, and Match-Trade offers seven-day prop firm launch with Match-Prop.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Revolut KYC Incident; CoinEx Shuts Down
Revolut KYC Incident; CoinEx Shuts Down
Revolut KYC Incident; CoinEx Shuts Down
Revolut KYC Incident; CoinEx Shuts Down
Revolut KYC Incident; CoinEx Shuts Down
Revolut KYC Incident; CoinEx Shuts Down
Today’s financial news recap covers the Revolut KYC data incident, CoinEx’s shutdown, and Anthropic’s push into financial services.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the Revolut KYC data incident, CoinEx’s shutdown, and Anthropic’s push into financial services.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the Revolut KYC data incident, CoinEx’s shutdown, and Anthropic’s push into financial services.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the Revolut KYC data incident, CoinEx’s shutdown, and Anthropic’s push into financial services.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the Revolut KYC data incident, CoinEx’s shutdown, and Anthropic’s push into financial services.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers the Revolut KYC data incident, CoinEx’s shutdown, and Anthropic’s push into financial services.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews