Google: The Mad Scientists Take Over New Advertising Plans

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By Douglas A. McIntyre Published
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Google (GOOG) is not satisfied with having the world’s most successful search engine advertising model. Nor should it be. There will eventually be some limit to the number of text ads it can target to run next to search results.

But, the company has decided to offer advertisers complex software packages that will allow them to create video, chat, and gaming-based marketing to run on the Google advertising network. The network includes Google and tens of thousand of smaller websites that use the company’s Adsense text advertising product to bring in money for their properties. Google keeps a piece of that revenue.

Google is launching a program which allows advertisers to use "widgets" which are, in effect, miniature websites. According to The New York Times "the new widget ads represent a more aggressive push by Google to attract big brand advertisers who like flashy ad units rather than the simple text ads commonly run in Google’s ad network."

But, Google is adding a level of complexity to online advertising that the industry has never seen. It is creating the ability for advertisers to runs thousand of different messages across tens of thousand of Google sites. While the results of the new ads can be tracked, it may take years for marketers to understand how to use such a broad and untried program which has an almost unlimited number of options for creative marketing.. Experimenting can be very expensive, but there is no other way for large brand advertisers to find out if the latest and greatest web technology will work.

Google is opening a marketing Pandora’s Box. For the time being, at least confusion is likely to reign.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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