Forum Moderators: martinibuster
eCPM down from approximately $35 CPM to $27 CPM. All else is constant and the same.
Quick analysis suggests advertisers are either paying less per click or Google is keeping a higher percentage of the click thru?
Given the immense pressure for maintaining earnings growth in light of their secondary offering, I tend to believe the second.
But even if I am wrong and the answer is actually that advertisers are paying less per click, than is this a sign that the PPC business model is maturing and growth rates are coming down to earth...finally?
I would not put it out of the question - but I would not make any quick assumptions either.
At any given moment, some people's fortunes will be improving while other people's fortunes will be declining. That's as true with AdSense as it is in the job market, the stock market, real estate, or anything else. Never forget that AdSense is an auction-based market where publishers' earnings are based on current supply and demand for specific keywords, with conversion rates (through Smart Pricing) also having an effect.
Quick analysis suggests advertisers are either paying less per click or Google is keeping a higher percentage of the click thru.
Or your mix of advertisers has changed. Or the type of visitor to your site has altered. Or its seasonal. There are any number of reasons for a specific sites eCPM to fluctuate.
At any given moment, some people's fortunes will be improving while other people's fortunes will be declining.
Exactly and therefore one websites fortune can’t be used as a predictor of overall trends.