Google to start charging companies for listings - News and Current Events | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events

Google to start charging companies for listings
Started:June 1st, 2012 (06:19 PM) by kbit Views / Replies:177 / 0
Last Reply:June 1st, 2012 (06:19 PM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Google to start charging companies for listings

Old June 1st, 2012, 06:19 PM   #1 (permalink)
Elite Member
Aurora, Il USA
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
kbit's Avatar
Posts: 5,839 since Nov 2010
Thanks: 3,275 given, 3,321 received

Google to start charging companies for listings

Google is to start charging companies for listing their products in a core part of its search service, the first time it has converted a free section of its giant online index into a purely commercial venture.

The change to Google Product Search will mean that many merchants that have relied on the search engine to lure potential customers online will face higher costs, according to analysts.

The move also raises the prospect that Google will eventually replace other parts of its free listings with adverts, said Danny Sullivan, editor of Search Engine Land. “It represents an attitude that they’re no longer going to go out and gather stuff up for free,” he said.

Google said it was making the switch to enable it to show users higher quality results when they are looking for products online. It also said the service would be relabelled as a “sponsored” venture to show it was now based on advertising.

The change in direction brings an end to a 10-year-old experiment in which Google tried to filter information about products from the Web and make it available through a separate panel on its results pages. When it launched the service, first known as Froogle, the company said that not charging merchants to list items would give internet users “confidence that the results we provide are relevant and unbiased”.

On Thursday, however, Google said that after a transitional period, only merchants who pay will be able to have their products appear in the service, now called Google Shopping. Its algorithms will sort through commercial listings and select which to show using a formula based on relevance and the amount of money the advertisers are prepared to pay.

Google sought to depict product search as separate from typical web search and as an area that could be improved by making it commercial. Information about many products is not available on the web and is often supplied directly by merchants, requiring “deeper relationships” with them, Sameer Samat, product manager for Google Shopping, wrote in a blog post announcing the news.

“We believe that having a commercial relationship with merchants will encourage them to keep their product information fresh and up to date,” he added.

Similar arguments could be made about other areas of information that Google presently indexes free of charge, raising the possibility that more parts of its service will eventually be replaced by advertising, Mr Sullivan said. These include Google Places, the company’s local listings service, which relies partly on information supplied by restaurants, stores and other providers of local services. Google refused to comment on its future plans.

Google to start charging companies for listings -

Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events > Google to start charging companies for listings

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Treasury to Start Charging Banks for Risk Monitoring Quick Summary News and Current Events 0 December 29th, 2011 06:20 PM
A few companies I am playing with Gary Stocks and ETFs Trading 8 October 13th, 2011 04:16 PM
SMA with Discretionary Start Time and Start Date for MC tradernovice EasyLanguage Programming 4 July 29th, 2011 06:50 PM
Five New Internet Companies You Should Know About Quick Summary News and Current Events 0 July 24th, 2010 07:10 PM
Forum Listings RJay Feedback and Announcements 4 June 15th, 2009 12:01 AM

All times are GMT -4. The time now is 02:06 PM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-28 in 0.07 seconds with 19 queries on phoenix via your IP