SEO News
Search

Google Plays Down Paid Search Decline; Seeks Display Ad Dominance

johnson-nathania
by , Comments

Ever since news broke about a slowdown in growth of paid click advertising, Google's stock has been falling -- drastically. But yesterday, sounding like a schoolboy with an exposed weakness, Google's Tim Armstrong offered up a "We meant to do that" defense. Speaking to the Bear Sterns conference in Palm Springs, Fla., Google's North American President of Advertising and Commerce said the focus on YouTube distracted paid search growth.

Armstrong also shared Google's desire to dominate display advertising by gaining a "very significant position" in the market by 2008-2009. The statement came less than a week after Steve Ballmer declared Microsoft's intentions to catch Google in the online advertising game. Google's aspirations should be helped by the EU's approval of Google's DoubleClick acquisition, which occurred earlier today.


ClickZ Live San Francisco This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) will bring together the industry's leading online marketing practitioners to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, the comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!

Recommend this story

comments powered by Disqus