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Amazon’s ad services revenue rises 26%, bringing in more than $12 billion in Q3

Thursday, October 26th, 2023

Amazon generated $12.06 billion from its advertising services in the third quarter of 2023.

The figure marks a 26.3% increase from the same period in 2022 – a result significantly better than forecasts predicted by Wall Street.

Why we care. Amazon’s exceptional performance serves as a powerful signal that the digital advertising industry is experiencing a robust resurgence following on from the economic downturn. This promising trend should instill confidence among cautious marketers, ultimately rekindling their trust in the sector. As trust is rebuilt, experts anticipate a surge in ad spend during the all important holiday season in Q4.

Exceeding expectations. Financial analysts had predicted that ad revenue would generate $11.6 billion in Q3 – which would have marked a 21% year-on-year increase. However, Amazon’s ad sales surpassed this by $460 million. The segment includes:

Ad partners. In the third quarter of this year, Amazon teamed up with a number of publishers and brands to serve ads on their apps and websites for products that are sold via Amazon in the US, including:

The retail giant suggested these collaborations played an important role in its success in Q3.

Leveraging AI. Amazon also attributed its successful third quarter to rolling out new AI capabilities for brands and advertisers. In India, Amazon introduced a generative AI digital assistant to assist small businesses in setting up an online store, offering support with registration, listing, and advertising.

Other AI announcements included Amazon’s Supply Chain, a fully automated service for sellers to efficiently transport products from manufacturers to customers.


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What has Amazon said? Andy Jassy, Amazon CEO, described Q3 as another “strong quarter”. He said:

Earnings report. You can read Amazon’s full third quarter 2023 results report for more information

The post Amazon’s ad services revenue rises 26%, bringing in more than $12 billion in Q3 appeared first on Search Engine Land.

Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Build trust and boost profits with programmatic ads by Cynthia Ramsaran

Thursday, October 26th, 2023

5 tips for a successful programmatic ad campaign

When it comes to programmatic advertising, consent isn’t just a requirement; it’s the key to unprecedented revenue potential. Programmatic advertising thrives on precision and relevance, but how can you achieve these without compromising user trust or regulatory compliance?

Register and attend this digital advertising webinar to stay ahead, mastering consent-driven ad strategies so you can build trust and boost profits: “Why Consent and Compliance Matter With Programmatic Ads,” presented by OneTrust.


Click here to view more Search Engine Land webinars.

The post Build trust and boost profits with programmatic ads appeared first on Search Engine Land.

Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Why marketers should care about customer journey orchestration by Digital Marketing Depot

Thursday, October 26th, 2023

In today’s omnichannel world, customers engage with brands across many different touchpoints both online and offline. This makes mapping the customer journey more complex for marketers. Customers expect seamless experiences across channels and devices. If the journey is disjointed, they will quickly become frustrated and take their business elsewhere.

This is where customer journey orchestration (CJO) comes in. CJO platforms empower marketers to optimize the customer experience by:

With CJO, marketing is no longer limited to siloed campaigns. You can take an outside-in approach starting from the customer perspective. This results in increased satisfaction, loyalty, and advocacy.

According to a recent Forrester study, 65% of marketers plan to increase spend on CJO platforms in the next year. But with many solutions now available, how do you choose the right one?

That’s where our MarTech guide comes in. This comprehensive report profiles leading platforms and provides actionable insights to guide your buying process including.

Visit Digital Marketing Depot to download Customer Journey Orchestration Platforms: A Marketer’s Guide and learn how to connect journeys, increase loyalty, and drive growth.

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Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Google Ads testing new overview dashboard for advertisers

Wednesday, October 25th, 2023

Google is currently testing a new overview dashboard within the Google Ads console. This new dashboard looks similar to the existing one but it gives you the ability to customize what data you see in the dashboard and also let’s you scroll through more data in a carousel format.

More details. Anthony Higman spotted this change and posted some screenshots of this. He said on X “it lets select ALL the metrics and then click through on the right to see other things in the overview slide.” He added, “Also looks like they are working on you being able to segment by time right from the overview slide.” He said he loves site!

What it looks like. Here are some screenshots he posted:

Confirmed. Ginny Marvin, Google’s Ads Liaison, confirmed this feature this morning saying on X, “We’re currently running an experiment with a limited number of advertisers to offer more flexibility from the overview page.”

Why we care. This new feature, if rolled out, can be a huge time saver for advertisers using Google Ads. While the standard data in this Google Ads dashboard is useful, each advertiser may want to see the data that is important to them, the way they want to see it. So this should be a welcomed addition to Google Ads, if it rolls out more widely.

The post Google Ads testing new overview dashboard for advertisers appeared first on Search Engine Land.

Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Snap revenue up 5%, promises better ROI for advertisers

Wednesday, October 25th, 2023

Snap, the parent company of Snapchat, reported its revenue rose 5% in the latest quarter after two straight quarters of declines on a rebound in the digital advertising market.

Advertising is the biggest source of Snap’s revenue – and the company cautioned the ad market remains volatile, pointing to the impact of war in the Middle East:

Revenue for the third quarter was $1.19 billion, up from $1.13 billion a year ago. In the previous two quarters, Snap’s revenue had fallen between 4% and 7%.

The company remains unprofitable – its net loss of $368 million for the third quarter is wider than a loss of $360 million a year ago.

Ad platform improvements. In a letter to investors, Snap said the company has “focused on improving our advertising platform” to generate higher returns for advertisers.

Snap invested in improving ad ranking and optimization using ML models. This has led to a significant improvement in ROI for advertisers and an increase in lower-funnel revenue year-over-year and quarter-over-quarter. Also, its 7/0 Pixel Purchase optimization now lets advertisers bid for attributed seven-day clickthrough conversions.

Snapchat also reported working with advertisers to improve the effectiveness of their privacy-centric integrations with the ad platform. This resulted in significantly higher signal quality for those advertisers.

Last quarter, Snapchat introduced the Event Quality Score (EQS) system for advertisers to measure the quality and integrity of their data and identify opportunities to optimize their integrations with the ad platform. 

Increase in paid subscribers. Daily active users for the third quarter were 406 million, up 12% from a year ago. Last month, Snap said it had reached five million users for its paid subscription services, up from 4 million in June.

Because Snap is primarily used as a messaging platform – and doesn’t run ads in those messages – it’s had a hard time monetizing its users.

To rectify that it has ads in features like Stories and Spotlight, scrollable feeds of photos and videos from creators. Last month, Snap partnered with Microsoft to include sponsored links in Snap’s AI chatbot My AI.

Snap reported more than 200 million people have used My AI, sending more than 20 billion messages. CEO Evan Spiegel said in yesterday’s analyst call that while My AI is just getting started, it will eventually be a revenue driver.

The post Snap revenue up 5%, promises better ROI for advertisers appeared first on Search Engine Land.

Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Google rolls out about this image and more SGE links

Wednesday, October 25th, 2023

Google is now rolling out the about this image feature that it announced back in May and is also adding new links to the SGE AI powered answers, the company announced.

SGE AI answers with supporting links

Google said it is now adding to the Search Generative Experience‘s AI-generated AI answers
“descriptions of some sources, supported by information on high-quality sites that talk about that website.” Google added new links to these sites in the AI-generated description of the source.

It does look and feel familiar to the links we saw earlier but these are different. Google said “These AI-generated descriptions of the source will show up in the “more about this page” section of About this result for some sources where there isn’t an existing overview from Wikipedia or the Google Knowledge Graph.”

“At this stage, we’re starting small in exploring how this technology can be useful to support and supplement our existing information literacy efforts,” Google added.

To replicate this, you search for a site by name, generate the AI snapshot, then go to the first traditional search result and click on the About this result on the top result of that result. Then click “more about this page” and you will see how the experience looks under “About the source.”

Here is a GIF of this feature in action:

About this image

Google is now rolling out the about this image feature in Google Search. Google said, “today, this feature is rolling out to English language users globally in Google Search.” The about this image feature tells you more about the image, specifically:

The post Google rolls out about this image and more SGE links appeared first on Search Engine Land.

Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Amazon Ads launches AI image generation

Wednesday, October 25th, 2023

Select Amazon advertisers can now create AI-generated images to use in ad campaigns.

Essentially, what the tool offers advertisers is the ability to add backgrounds or scenery to plain product images.

Why we care. Amazon said its tool could lead to better ad performance. Products shown within a “lifestyle scene” can get 40% higher click-through rates, the company said.

How it works. Head to Amazon Ad Console, select your product, then click Generate. Using generative AI, Amazon will show you various “lifestyle and brand-themed images, based on product details, in a matter of seconds,” Amazon explained.

You can then further customize your AI-generated images using short text prompts or “enhance” them with a pre-set theme. You can save multiple versions to test and optimize performance, the company said.

You can add up to five images in your Amazon ad. Choosing multiple images will automatically create a looping slideshow.

Here’s a video showing it in action:

Limited availability. AI-generated images is only available to “select” advertisers now. But Amazon said it will “expand availability over time.”

What Amazon is saying. The image generation tool is easy to use and requires no technical expertise, according to Amazon.

This was expected. Like most ad platforms, Amazon has been working to add generative AI capabilities. We reported that Amazon was working on AI tools to generate images for advertisers in May. Now it’s finally here, nearly six months later.

The post Amazon Ads launches AI image generation appeared first on Search Engine Land.

Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Google search revenue rises 11%, solid increase in total ad revenue

Tuesday, October 24th, 2023

Alphabet Inc., Google’s parent company, reported higher advertising revenue in the third quarter of 2023, year on year.

An 11.3% gain in search revenue was accompanied by an increase in revenue for YouTube ads (12.5%).

Google’s advertising network was down 2.6%, however, this was an improvement on the 5% loss reported in the second quarter of 2023.

Google’s ad revenue increased by $5.17 billion from the previous year, while YouTube ad revenue was $7.95 billion, up from $7 billion in 2022.

Although results surpassed analysts’ expectations, the single-digit growth percentage for total ad revenue suggests that digital ad spend has yet to fully recover to its former glory. Experts forecast that double-digit growth should return by the final quarter of 2023.

Why we care. The stronger-than-anticipated results could indicate a positive trend where trust and confidence in digital advertising are stabilizing after the economic downturn. This is excellent news for digital marketers, as it hints at potential ad spend growth, particularly as we approach the crucial holiday season in the next quarter.

What Google is saying. Sundar Pichai, CEO, said in a statement:

Earnings report. You can read Alphabet’s full third quarter 2023 results report for more information.

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Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Survey: Marketers reducing ad platform investments

Tuesday, October 24th, 2023

Marketers plan to invest in fewer advertising platforms over the next 12 months than at the beginning of the year, according to an ongoing survey of Search Engine Land readers.

Of the 16 ad platforms we asked about, fewer respondents said they expect to invest on 12 in the third quarter of this year compared to the first quarter of this year.

Search engines. More advertisers plan to invest dollars with Microsoft properties than at the beginning of the year. Investment with Google will be flat.

Fewer advertisers expect to invest with Apple in app store placements. Nine percentage points fewer respondents said they will invest with Apple in the third quarter compared to the first, the most significant change for any platform included in the survey.

Social platforms. Meta was the platform experiencing the largest increase in expected investment of all of the platforms included in the survey. Seven percentage points more respondents said they expected to advertise on Meta in the third quarter than in the first.

Those predicting dollars earmarked for Pinterest and X declined 6 percentage points.

Retail platforms. Counter to the reports of explosive growth at shopping sites (a.k.a., retail media networks), fewer Search Engine Land readers said they’d be investing in those platforms (Amazon, Instacart, Walmart) in the third quarter compared to the first. We’re expecting that trend to reverse in the make-or-break ecommerce fourth quarter.

Fewer respondents will invest in all three of the audio/video platforms included in the survey (Spotify, Hulu, Netflix).

Why we care. It’s difficult to wrap your head around survey results that seem to contradict earnings reports and prevailing wisdom so profoundly. The reality is it likely says more about the mindset of the Search Engine Land audience than anything else.

Our conclusion is, that when faced with diminishing budgets and the difficult choices they create, the Search Engine Land audience chooses to invest in the platforms that have delivered results over the years, i.e. Google.

Investing in less proven platforms will have to wait for more prosperous times.

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Courtesy of Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing




Google testing ads between organic results?

Tuesday, October 24th, 2023

Is Google testing placing ads between organic search results?

Patrick Stox, Ahrefs product advisor, technical SEO and brand ambassador, first noticed that sponsored posts have started appearing where the third and fifth organic positions normally run.

He shared a screenshot of the SERP on X:

Here’s a video of it Stox shared on X:

I don't think this would count as page 2. A video. pic.twitter.com/skJIBZTIYF

— Patrick Stox (@patrickstox) October 24, 2023

Why we care. Expanding this experiment could potentially lead to more clicks for advertisers in areas that have always been organic spots in Google Search. However, this is potentially more bad news for SEOs as Google continues its ongoing trend of removing and minimizing organic search real estate. It could also be bad for users who are already complaining about the quality of Google Search results, potentially leading to negative user experiences.

What Google is saying. Google’s Ads Liaison Ginny Marvin responded on X, neither confirming nor denying this is a test. But she also didn’t call it a bug:


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