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Google's AdWords Generates $224 Billion in 2022: What This Means for CryptoPay
With Potential for Massive Ad Revenue, CryptoPay's Innovative Approach Offers Members a Chance to Enter the Market at a Low Cost
The statistics on the revenue generated by Google's AdWords program and the potential for advertising revenue for a company like CP (CryptoPay) are quite eye-opening. Google's AdWords program generated an astounding $224 billion in 2022, making it one of the largest revenue-generating advertising platforms in the world.
Additionally, it is interesting to note that the most expensive keywords in AdWords can cost $50 or more per click. For companies interested in purchasing ads on the platform, the minimum ad buy is around $250K, which would translate to 5000 clicks or leads at $50 per click. This means that a company would see around 167 clicks or leads per day during the cycle (30 days).
CP, a crypto payment platform, has 10965 member wallets and a package price of 550 USDT, which equates to $5.5 million in revenue. If CP were to invest in a $5.5 million ad buy at $50 per click, they could generate a potential 109,650 clicks or leads during the cycle, which would translate to 3655 clicks or leads per day.
It is important to keep in mind that these statistics only show the revenue generated by one vendor (Google) and do not take into account the vast number of other vendors and platforms that exist in the digital advertising space. With 4.9 billion active internet users worldwide, representing 62% of the total world population, the potential for revenue generation is enormous.
CP's approach to allowing members to get involved in this market for just 550 USDT is quite innovative, and offers members the opportunity to earn a 25% payout in USDT, as well as optional rewards for sharing the platform. While CP's current impact on the industry may be relatively small, their potential for growth and revenue generation is significant.
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