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Will Adsense ever pay in local currency?
$ for the US, for the UK, for Europe etc?
bondjamesbond

10+ Year Member



 
Msg#: 5070 posted 9:58 am on Feb 3, 2005 (gmt 0)

Do you think Adsense will ever change from purely paying in US dollars? I am sure US publishers are rubbing their hands with glee, but I am sure other countries are struggling more. For example if you were a member of the famous UPS club you would be earning $10k a month. Well if you live in the UK this is only worth just over 5,300, or 7,600 in Europe. So, UK publishers are only actually recieving just over 50% of what they have earned. Compounded with the fact that everything in the UK is probably around 50% more expensive that the US, (again for Europe) this is a double setback, hence the point of this post. Do you think Adsense will ever pay in local currency?

Google searches exist in many different countries, and they use advertisers all over the world so why not pay in local currency?

[edited by: bondjamesbond at 10:00 am (utc) on Feb. 3, 2005]

 

blairsp

10+ Year Member



 
Msg#: 5070 posted 9:59 am on Feb 3, 2005 (gmt 0)

NO.

Why should they. Its easy enough for them to cut a cheque in their own currency and from their own bank. Why be bothered with the hassle just because a few independant contractors want it.

bondjamesbond

10+ Year Member



 
Msg#: 5070 posted 10:02 am on Feb 3, 2005 (gmt 0)

Just a thought. But surely it wouln't just be "a few independant contractors" who would want this? I would have thought anybody outside the US would welcome this?

UnnamedPlayer

5+ Year Member



 
Msg#: 5070 posted 10:06 am on Feb 3, 2005 (gmt 0)

That would be nice from G. They don't seem to have problems to charge me in Euros for AdWords :)

BTW what is the minimum price you can set for an AdWords ad in USD?

Freedom

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 5070 posted 10:09 am on Feb 3, 2005 (gmt 0)

So, UK publishers are only actually recieving just over 50% of what they have earned.

Do you really think that is true? Exchange rates are what they are. You are not earning 50 percent less. In your currency, the numbers are smaller, but it all translates out to the same VALUE.

If AS was a UK program paid in pounds, do you think Brits would be moving to the USA just so they could double their money?

Do you think USA publishers are moving to Canada so they can earn another 25 percent? ($1 = 1.24 CAD)

A book selling for $10 in the USA has the notation on the price tag that in Canada it will $12.40

Are the Canadian's getting ripped off? No. The price is set to the value of the currency.

And Google will never offer AS earnings in local currency because the advertisering rates are set in dollars. They will not convert it for you because they will have to pay conversion fees.

For what I understand, your check cashing fee in the UK is the biggest problem - and that's an issue for your government/banks. That's a UK problem, not a Google problem.

IanTurner

WebmasterWorld Administrator ianturner us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 5070 posted 10:11 am on Feb 3, 2005 (gmt 0)

As a non US publisher I'm quite happy to receive payment in US$ - it actually benefits me to have the payment that way.

I can see how some publishers would benefit from local currency payments, but personally I wouldn't.

Hinso

10+ Year Member



 
Msg#: 5070 posted 10:14 am on Feb 3, 2005 (gmt 0)

For example if you were a member of the famous UPS club you would be earning $10k a month. Well if you live in the UK this is only worth just over 5,300, or 7,600 in Europe. So, UK publishers are only actually recieving just over 50% of what they have earned.

I may be feeling a bit dim this morning but that doesn't make any sense to me. How do you arrive at that conclusion?

UnnamedPlayer

5+ Year Member



 
Msg#: 5070 posted 10:40 am on Feb 3, 2005 (gmt 0)

And Google will never offer AS earnings in local currency because the advertisering rates are set in dollars

Not sure if bondjamesbond is referring to this, but AdWords charge a minimum of 0.05 USD for US people and a minimum of 0.05 EUR (0.065 USD) (30% more) To Euro people, but we don't see those 0.015 per ad getting back to us :)

I wonder if is possible to change my AdWords account to USD...

Sanenet

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 5070 posted 10:45 am on Feb 3, 2005 (gmt 0)

UnnamedPlayer - There was a thread a few months ago (Can't find it now, of course!) about the difference between paying in USD and - AWA came into the discussion to announce the official policy.

UnnamedPlayer

5+ Year Member



 
Msg#: 5070 posted 10:47 am on Feb 3, 2005 (gmt 0)

Thanks Sanenet, I'll take a look!

Sanenet

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 5070 posted 10:50 am on Feb 3, 2005 (gmt 0)

According to esllou in post #25 in [webmasterworld.com...] adwords support told him that (his quote):

as expected, they said won't be changing minimum amounts BUT that they check exchange rates once a day and people paying 5 euro cents do get higher positions than US webmasters paying 5 dollar cents - and even US webmaster paying SIX dollar cents at current exchange rates

UnnamedPlayer

5+ Year Member



 
Msg#: 5070 posted 11:41 am on Feb 3, 2005 (gmt 0)

Thanks again Sanenet. Good to know that, at least, our extra cents are not lost but invested in higher positions :)

loanuniverse

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 5070 posted 2:28 pm on Feb 3, 2005 (gmt 0)

you would be earning $10k a month. Well if you live in the UK this is only worth just over 5,300, or 7,600 in Europe. So, UK publishers are only actually recieving just over 50% of what they have earned. ....

I read this, and it did not make sense, but I see other people already brought up the fact that it doesn't so there you go.

I think eventually it will move on that direction. It will be something like>

- Direct deposits first {it could be something as simple as the fact that Google already entered into a multi-year agreement with the current service that cuts the checks}

- Direct deposits to foreign publishers {think EU first, and then maybe some SE Asia countries}

universetoday

10+ Year Member



 
Msg#: 5070 posted 4:58 pm on Feb 3, 2005 (gmt 0)

I was thinking that Google should consider accepting various local currencies through Adwords, and then pay out in various currencies through Adsense - converting to whatever local currency is appropriate for the publisher on the day the cheque is written. Right now, as a Canadian, I'm totally subject to the decline of the US dollar. It would be cool if Adwords wasn't tied to the US dollar at all.

Bluepixel

10+ Year Member



 
Msg#: 5070 posted 7:11 pm on Feb 3, 2005 (gmt 0)

@Unnamedplayer:

So why did you chooose your Euro as a currency in your adwords account? I, at least, didn't :-)

UnnamedPlayer

5+ Year Member



 
Msg#: 5070 posted 10:03 pm on Feb 3, 2005 (gmt 0)

Bluepixel - Probably the EUR was not as strong when I opened the AdWords account as it is now, and that was some months before I opened my AdSense account. If I'd have been aware of all the things I'm learning thanks to these forums I'd have opened an account in USD for sure :)

paulrollo

10+ Year Member



 
Msg#: 5070 posted 11:34 pm on Feb 3, 2005 (gmt 0)

I may be wrong but I understand from AdWords support [adwords.google.com] that you do have the option of paying in your local currency so I am confused when Freedom says
And Google will never offer AS earnings in local currency because the advertisering (sic) rates are set in dollars. They will not convert it for you because they will have to pay conversion fees.

As far as the business side of things are concerned it would make sense for Google to disburse itself of local currency it gathers in the local market rather than having to import that money to the US and suffer exchange rate vagaries. It may have tax benefits too.

From a customer service point of view, if Google are looking to expand their content network then they will surely need to accommodate foreign publishers who may themselves wish to limit their exposure to exchange rate fluctuations.

I expect that at some point Google will have to improve their interface with publishers and this includes paying them in their own currency.

bondjamesbond

10+ Year Member



 
Msg#: 5070 posted 9:12 am on Feb 4, 2005 (gmt 0)

I totally agree paulrollo. But at the end of the day Google is a business, their primary goal is to make money. Thus dealing with conversions into different currency types would be more hassle and possibly reduced profits.

Hopefully though in time something will be sorted out that takes away the fragile link with the US $.

TinkyWinky

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 5070 posted 9:20 am on Feb 4, 2005 (gmt 0)

Will Adsense ever pay in local currency

Probably not - just like if you were not a US citizen (or permanent resident) you couldn't buy google shares!

Lipik

10+ Year Member



 
Msg#: 5070 posted 9:37 am on Feb 4, 2005 (gmt 0)

I'm living in EU and at this moment you can say USD is rated lower in comparison with EURO. It's nice when I buy a book at Amazon, but not so nice for my earnigs over AS.
What can you do :
- if you don't need the money directly to buy food for your children, open a USD-bank account and put your AS-check on that account. If you want to save an extra dollar/euro, ask AS to keep your check and let them sent it every 2 or 3 month's, so you can cut on bank-expenses for processing your check.
- once you think USD/EUR rating is better (b.e. if 1 USD = 1 EUR) you take money from your USD account and transfer it to your normal EUR account.

The process of difference between currency's is someting you can compare with stocks on the stock market (but with less up's and down's, it's slower). So you can't say when USD will be higher than today (or even lower) in comparison to EUR. If you live in a country that has a 'bad' currency wich has a very big inflation rate (Argentina?, Serbia,...) than it's better to keep your money as long as possible in USD or EUR.

blairsp

10+ Year Member



 
Msg#: 5070 posted 4:06 pm on Feb 4, 2005 (gmt 0)

you would be earning $10k a month. Well if you live in the UK this is only worth just over £5,300, or €7,600 in Europe. So, UK publishers are only actually recieving just over 50% of what they have earned. ....

I read this, and it did not make sense, but I see other people already brought up the fact that it doesn't so there you go.

I think what he is getting at is the comparitive cost of living (which yes I know is a government/economic thing and google can't be blamed for ALL the woes of the world).

e.g. I earn $1000 so I can buy 100 CD's in US amazon
In UK this converts to £500 (less £10 cashing fee) and at £9 each for a CD then I can purchase 49 CD's. So in effect I am earning half of what I would in US.

Simplistic example but I am sure the US based publishers can now see what he is getting at. Maybe we should all move to the land of the free as one fo the other posters suggested :-}

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