Forum Moderators: martinibuster
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]
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.
BTW what is the minimum price you can set for an AdWords ad in USD?
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.
I can see how some publishers would benefit from local currency payments, but personally I wouldn't.
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?
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...
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
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}
So why did you chooose your Euro as a currency in your adwords account? I, at least, didn't :-)
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.
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.
Hopefully though in time something will be sorted out that takes away the fragile link with the US $.
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!
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.
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 :-}
