Home  › Media › Mobile
google-shopping-tents

Google Reports Mobile Ad Growth

  |  July 19, 2012   |  Comments

Firm said revenues rose 21 percent in Q2.

google-shopping-tentsGoogle is going strong. The company reported 21 percent growth in the second quarter 2012, compared to Q2 2011. The firm generated $10.5 billion in ad revenues in Q2, accounting for 96 percent of its total revenues.

Google pointed to mobile ad growth, and spotlighted a new shopping feature on Google.com that surfaces products and prices, and allows users to refine their search by brand.

"I think digital advertising is really in de-frag mode," suggested Nikesh Arora, SVP and chief business officer.

Google reported its sites raked in $7.5 billion, a 21 percent boost over the same period last year. As for the Google network, just under $3 billion came in, a 20 percent increase over Q2 2011.

The company's paid clicks business was "very strong" according to CFO Patrick Pichette. Paid clicks on Google sites and partner sites rose a whopping 42 percent. However, CPC prices fell 16 percent.

The firm touted the growth of its mobile ads. The number of Google mobile advertisers have doubled in less than a year, said Arora, noting that "over a million advertisers" have run mobile campaigns with Google. "Mobile is, right now, where search was in 1999," said Arora. "We are seeing mobile CPCs are healthy."

Arora said firms like Danone in France and H&M in Sweden are currently running campaigns with Google. H&M, for instance, is using Google+ extensions on its search ads. More users are accessing Google+ from mobile than desktop, said Susan Wojcicki, SVP advertising for Google.

Tags:

ClickZ Live Chicago Join the Industry's Leading eCommerce & Direct Marketing Experts in Chicago
ClickZ Live Chicago (Nov 3-6) will deliver over 50 sessions across 4 days and 10 individual tracks, including Data-Driven Marketing, Social, Mobile, Display, Search and Email. Check out the full agenda and register by Friday, Sept 5 to take advantage of Super Saver Rates!

ABOUT THE AUTHOR

Kate Kaye

Kate Kaye was Managing Editor at ClickZ News until October 2012. As a daily reporter and editor for the original news source, she covered beats including digital political campaigns and government regulation of the online ad industry. Kate is the author of Campaign '08: A Turning Point for Digital Media, the only book focused on the paid digital media efforts of the 2008 presidential campaigns. Kate created ClickZ's Politics & Advocacy section, and is the primary contributor to the one-of-a-kind section. She began reporting on the interactive ad industry in 1999 and has spoken at several events and in interviews for television, radio, print, and digital media outlets. You can follow Kate on Twitter at @LowbrowKate.

COMMENTSCommenting policy

comments powered by Disqus

Get ClickZ Media newsletters delivered right to your inbox. Subscribe today!

COMMENTS

UPCOMING EVENTS

Featured White Papers

IBM: Social Analytics - The Science Behind Social Media Marketing

IBM Social Analytics: The Science Behind Social Media Marketing
80% of internet users say they prefer to connect with brands via Facebook. 65% of social media users say they use it to learn more about brands, products and services. Learn about how to find more about customers' attitudes, preferences and buying habits from what they say on social media channels.

Marin Software: The Multiplier Effect of Integrating Search & Social Advertising

The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.

Resources

Jobs

    • Digital Marketing Analyst
      Digital Marketing Analyst (GovLoop) - Washington D.C.Are you passionate about audience acquisition? Love effective copy and amazingly effective...
    • Product Specialist
      Product Specialist (Agora Inc. ) - BaltimoreDescription: The Product Specialist is hyper-focused on the customer experience and ensures that our...
    • Partnerships Senior Coordinator
      Partnerships Senior Coordinator (Zappos.com, Inc.) - Las VegasZappos IP, Inc. is looking for a Partnerships Senior Coordinator! Why join us? Our...