I came across this video on YouTube and thought I’d share it with you. Its show cases Google’s Chief Economist, Hal Varian, explaining how the AdWords Ad Auction system determines what you pay per click and how maximum CPC bids and quality scoring are computed.
March 12th, 2009
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The Economics of Google AdWords
by Kunle Campbell
Filed under Advertising on Search Engines
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Tags: AdWords Ad Auction System, CPC Bids, Google AdWords, Hal Varian, Max CPC, Pay Per Click, Quality Scoring, YouTube Video
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