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Pithy product name - "InSite." Love it.
It's labeled Lycos InSite AdBuyer.
Technical platform is provided by Findwhat.
So, what's going to happen to that Overture contract?
I am like heini wondering about their relationship with Overture in he US and the just launched partnership with Espotting in Europe [webmasterworld.com]?
"As a FindWhat.com advertiser, you will have the ability to sign up for Lycos's new service before the service even launches!.......We will, in essence, copy over all or part of your account ......... With the account-copy functionality your approved relevant advertisements (listings), keywords, and credit card information will be pre-approved for immediate activation on the Lycos and HotBot sites. "
Lycos to Develop Own Paid Placement Listings
[boston.internet.com ]
From the article,
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Additionally, the portal said it plans to continue syndicating listings from Overture -- from which it receives a share of cost-per-click revenue -- so that Terra Lycos search returns will include both InSite AdBuyer and Overture listings, in addition to returns generated from the older InSite paid inclusion practice, and Lycos' own spidered listings.
Wilde said the company would start promoting the new service to advertisers this week, with the goal of collecting a "critical mass" of users by the end of the month, when it plans to begin allowing advertisers to bid on keywords. Paid-placement ads should appear for the first time in mid-September, he said.
Lycos will require a minimum initial spend of $100 for AdBuyer ads, while bidding for each keyword will start $0.05 per click.
So in the beginning, Lycos gets all of FindWhat's customers (who want to sign up for Lycos), but then Lycos controls the advertiser relationships and FindWhat does the grunt work in the back. At the end of the contract, Lycos has the valuable advertisers (who they can cross-sell other marketing), Lycos has had the time to build their own systems based on their experience working with FindWhat, and Lycos is in a better negotiating position vs. Overture.
Smart deal for Lycos, but their traffic is almost irrelevant.
If and how those entities will follow and put up AdBuyer I don't know.
With the PFI it was US, German and British Lycos initially.
Considering the market situations in the different countries Lycos operates in I think those along with France would be the most likely candidates for AdBuyer.
Espotting
ES has just been replaced by Overture on the serps of Lycos.Europe.
Espotting will return, but be present on the channel and directory pages.