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I am the CMO for a company. Google is the ONLY ad provider that give results, all others don't even get any clicks. How that is not a monopoly on the classic
by speeder 6y ago
I am the CMO for a company.
Google is the ONLY ad provider that give results, all others don't even get any clicks.
How that is not a monopoly on the classic definition? Every time Google has a bug and screw with my ads, the revenue of the company I work for tanks hard, and I am yet to find any solution for it.
- giancarlostoro 6y agoYou may want to contact the antitrust regulators, testimonies such as your are highly relevant to this case.
- emteycz 6y agothey are also untrue in general. in some markets social networking ads work, in some search ads work, that's to be expected - you don't expect eg. ad placements by the train company to be always effective regardless of what you're selling.
- donor20 6y agoI'd love to see the specifics of these players. Facebook targeting is actually more effective in many cases then google (I don't even use facebook personally or have the app myself). A lot of the claims by folks fall apart when you look deeper (ie, scam review sites complaining about google rankings etc). The CUSTOMER should benefit - I don't give a crap if some scammers get ranked down.
- nova22033 6y agoGoogle is the ONLY ad provider that give results, all others don't even get any clicks. Being effective doesn't make you a monopoly.
- tomlue 6y agoI don't think he meant that other companies are bad at getting clicks. I think he meant his company relies on search engine driven ads. Google has a monopoly on the search engine. There are many companies that need to rely on search engine traffic, not social media, for online advertising. Keep in mind that search engine traffic is enormous, and can fairly be called a "trade" or "commodity/service" that can be monopolized in it's own right. I don't think anybody is saying that google has a monopoly on all advertising.
- Spivak 6y agoBut I don't think this tracks unless you treat search as something special. If I own a billboard then I have a monopoly on that billboard. Presumably I built/bought that billboard because I knew that the ad space would be valuable and that companies would need to pay me for it. Google owns extremely valuable ad space but that to me doesn't make a monopoly just because Bing or Facebook's ad space isn't as good for certain companies.
- hannasanarion 6y agoAnd if only one company owned all the billboards in the world, that would be a monopoly too. Monopolies are traditionally assessed in terms of product categories, not entire industries. Nobody ever said "standard oil isn't a monopoly, because you can also buy coal fuel"
- turtleturtle 6y agoAnd practically any company can build as many billboards as they want. Online ads aren't restricted by physical space. Google just happens to own most web traffic because they're really good at search.
- Nasrudith 6y agoNo offense but that personal dependence on Google to do your job adequately looks like something which reflects more on you than Google. Now I don't know much about working in the domain but would generally expect a professional acting as a middleman to be capable of producing an adequate ad campaign with more than one provider. It sort of looks more like a Dunning-Kruger inadvertent call for help about being unable to do their job despite their title than an insider testimony of abuse. "I have the company using Windows because I can't set up a basic Linux workstation and I am CTO!" equivalent essentially. May be unfair but I figured it would help to know your message may not be received as you think.
- dang 6y agoPlease don't cross into personal attacks in HN comments. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- treis 6y agoThat depends heavily on your industry and obviously isnt true as a rule. Google gets 37% of ad spend, Facebook ~20% and then everyone else combines for the last 40%. It's true that if your looking at targeting users searching for something that it's basically just Google. But people are increasingly using apps and specific sites over general surfing. Reddit, tiktok, snap, etc. all have their own ads and collectively represent major competition.
- fakedang 6y agoI'm surprised. I thought Facebook would have been somewhat effective. Can anyone point out any use cases of when Facebook and Google work and don't work? FWIW my dad ran a few FB ads for his SME and it was alright, although nothing stellar either. He didn't run on Google though so I can't really draw a comparison.