relevance is value

A blog on innovation and new business development

Financials’ splurge on Adwords: #OccupyGoogle, or opportunity cost of not innovating?

Google racked up profits of  $33,3 billion in the year ending July 1st. Fully 97% of this comes from AdWords sales. The infographic below (source: Wordstream.com) shows who buys all those words, and for how much:

Where Does Google Make Its Money? [ infographic ]

What is going on here? Does Google exploit a quasi-monopoly and are financial firms its biggest victims, or does the lack of new  value innovations force financial companies to oversize their marketing expenditures?

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Filed under: Finance and insurance, Innovation strategy, , , , , , , , , , , , , ,

Christof de Winter

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