Business 2 Community
  • Investing
    • Invest in Crypto
      • Best Crypto to Invest in
      • Best New Crypto Coins
      • Best Crypto Airdrops
      • Best Crypto Faucets
      • Best Crypto Giveaways
      • Best Crypto Lotteries
      • Best Gaming Crypto Coins
      • Best Utility Tokens
      • Cryptos Under $1
      • How to Invest in Bitcoin
      • How to Invest in Crypto
      • How to Invest in DeFi
      • How to Invest in NFTs
      • How to Invest in Stocks
      • How to Spend Bitcoin
      • How to Spend Ethereum
      • Make Money with Crypto
      • Make Money with NFTs
      • Most Undervalued Cryptos
      • Next Crypto To Explode
      • Penny Cryptocurrencies
      • What is DeFi Crypto
    • Crypto News
      • Best Crypto Apps
      • Best Crypto Signals
      • Best Crypto Wallets
      • Best Play to Earn Games
      • Bitcoin Casinos
      • Bitcoin Gambling Sites
      • Bitcoin Mining Sites
      • Crypto DAO Projects
      • Crypto Games
      • Crypto Marketing
      • Crypto Tax Software
      • Crypto Youtube Channels
      • ICO Marketing
      • Reddit Crypto Discussion
      • Web 3.0 & Crypto
      • What are 'Shitcoins'
    • Earn Interest on Crypto
      • Aqru Review
      • Best Staking Coins
      • Crypto Banks
      • Crypto Credit Cards
      • Crypto Interest Accounts
      • Crypto Lending Platforms
      • DeFi Lending Platforms
      • DeFi Staking Platforms
      • DeFi Yield Farming
      • Crypto Loan Sites
      • Crypto Savings Accounts
      • Crypto Staking
      • Earn Free Bitcoin
      • Earn Free Crypto
      • Earn Interest on ApeCoin
      • Earn Interest on AXS
      • Earn Interest on Bitcoin
      • Earn Interest on Cardano
      • Earn interest on Ethereum
      • Earn Interest on MATIC
      • Earn Interest on NEAR
      • Earn Interest on Stables
      • What is APY in Crypto?
      • Yield Farming Platforms
      • Yield Farming vs Staking
    • Worldwide Crypto Guides
      • Buy Bitcoin AU
      • Buy Bitcoin CA
      • Buy Bitcoin DE
      • Buy Bitcoin DK
      • Buy Bitcoin IE
      • Buy Bitcoin Indonesia
      • Buy Bitcoin IN
      • Buy Bitcoin IT
      • Buy Bitcoin NZ
      • Buy Bitcoin Portugal
      • Buy Bitcoin SG
      • Buy Bitcoin UAE
      • Buy Bitcoin UK
      • Buy Bitcoin ZA
      • Crypto Exchanges AU
      • Crypto Exchanges CA
      • Crypto Exchanges DE
      • Crypto Exchanges IE
      • Crypto Exchanges IN
      • Crypto Exchanges IT
      • Crypto Exchanges NZ
      • Crypto Exchanges SG
      • Crypto Exchanges UAE
      • Crypto Exchanges UK
  • Cryptocurrency
    • Buy Crypto
      • Buy Bitcoin
      • Buy BTC with Apple Pay
      • Buy BTC with Credit Card
      • Buy BTC with Bank Wire
      • Buy BTC with eToro
      • Buy BTC with Paypal
      • Buy BTC with Prepaid Card
      • Best Bitcoin ETFs
      • Low Cap Cryptos
    • Long Term Investments
      • ALICE Price Prediction
      • ApeCoin Price Prediction
      • Barcelona Fan Token Price Prediction
      • Bitcoin Price Prediction
      • Cardano Price Prediction
      • DeFi Coin Price Prediction
      • Dogecoin Price Prediction
      • Ethereum Price Prediction
      • Floki Inu Price Prediction
      • Lazio Fan Token Prediction
      • LBLOCK Price Prediction
      • LUNA Price Prediction
      • Pi Coin Price Prediction
      • Polygon Price Prediction
      • SafeMoon Price Prediction
      • Shiba Inu Price Prediction
      • Stepn GMT Price Prediction
      • XRP Price Prediction
    • Best Altcoins
      • Buy Basic Attention Token
      • Buy Bitcoin Cash
      • Buy Binance Coin
      • Buy Celo
      • Buy Cardano
      • Buy Chainlink
      • Buy Cronos
      • Buy Dash
      • Buy ENS
      • Buy Ethereum
      • Buy Ethereum Classic
      • Buy Litecoin
      • Buy Loopring
      • Buy Lucky Block
      • Buy LUNA 2.0
      • Buy LUNC
      • Buy Neo
      • Buy Polkadot
      • Buy Polygon
      • Buy Solana
      • Buy Spark
      • Buy Theta
      • Buy VeChain
      • Buy XRP
      • Buy ZCash
    • Best Crypto Exchanges
      • Best Altcoin Exchange
      • Best DeFi Exchange
      • Best P2P Crypto Exchange
      • Best DeFi Apps
      • Best DeFi Interest Rates
      • Best DEX Coins
      • Binance Referral Bonus
      • Binance vs Coinbase
      • Bitstamp Sign Up Bonus
      • Coinbase Sign Up Bonus
      • Crypto.com Sign Up Bonus
      • Crypto.com Visa Card
      • DeFi Swap Exchange
      • Social Trading Platforms
    • Best Meme Coins
      • Buy Baby Doge
      • Buy Dogecoin
      • Buy Floki Inu
      • Buy Shiba Inu
    • Best DeFi Coins
      • Buy 1inch
      • Buy Aave
      • Buy Algorand
      • Buy Ankr
      • Buy Avalanche
      • Buy Balancer
      • Buy Bancor
      • Buy Compound
      • Buy Cosmos
      • Buy Curve
      • Buy DeFi Coin
      • Buy DYDX
      • Buy Fantom
      • Buy Kyber Network
      • Buy Maker
      • Buy Ren
      • Buy Storj
      • Buy Sushiswap
      • Buy Tezos
      • Buy Uniswap
  • NFTs
    • How To Buy NFTs
      • Coolest NFT Projects
      • Best NFT Apps
      • Best NFT Games
      • Best NFT Giveaways
      • Best NFT Lawyers
      • Best NFT Lottery Sites
      • Best NFT Wallets
      • Buy NFTs on Binance
      • How to Flip NFTs
      • Buy NFTs in Germany
    • Best Metaverse Coins
      • Buy ApeCoin
      • Buy Axie Infinity
      • Buy Decentraland
      • Buy Enjin
      • Buy Filecoin
      • Buy Gala
      • Buy Sandbox
      • Buy STEPN
    • NFT News
      • Celebrity Backed NFTs
      • Celebrity NFT Owners
      • Most Expensive NFTs
      • New NFT Projects
      • NFT Calendar
      • NFT Horse Racing Projects
      • NFT Land Projects
      • NFT Trading Card Games
      • Sport NFT Drops
      • Why Invest in NFTs
    • Best NFTs To Buy
      • Azuki NFTs
      • CryptoPunks NFTs
      • Lucky Block NFTs
      • PolygonPunks NFTs
      • Prime Ape Planet NFTs
      • VeeFriends NFTs
      • World of Women NFTs
    • NFT Marketplaces
      • Binance
      • Crypto.com
      • DraftKings
      • Looksrare
      • Magic Eden
      • NFT Launchpad
      • NFT Music Platforms
      • OpenSea
      • Rarible
  • Stocks
    • Types of Stocks
      • Best Biotech Stocks
      • Best Blockchain Stocks
      • Best Cannabis Stocks
      • Best Cheap Stocks
      • Best DeFi Stocks
      • Best Dividend Stocks
      • Best Meme Stocks
      • Best Metaverse Stocks
      • Best New Stocks
      • Best NFT Stocks
      • Best Oil Stocks
      • Best Penny Stocks
      • Best Reddit Stocks
      • Best Tech Stocks
      • Best 5G Stocks
      • Most Undervalued Stocks
    • Company Stocks
      • Buy Alibaba Stock
      • Buy Alphabet Stock
      • Buy Amazon Stock
      • Buy AMC Stock
      • Buy AT&T Stock
      • Buy Disney Stock
      • Buy Ford Stock
      • Buy Gamestop Stock
      • Buy Hertz Stock
      • Buy Netflix Stock
      • Buy Nike Stock
      • Buy Nikola Stock
      • Buy Rivian Stock
      • Buy Roblox Stock
      • Buy Pfizer Stock
      • Buy Spotify Stock
      • Buy Tesla Stock
      • Buy Samsung Stock
    • Buy Stocks
      • Buy Shares UK
      • Buy Shares in Australia
      • Buy Stocks in Germany
      • Buy Stocks in India
      • Buy Stocks in Vietnam
      • Buy 5G Stocks
      • Buy Cannabis Stocks
      • Buy Coinbase Stocks
      • Buy Dividend Stocks
      • Buy Nio Stock
      • Buy Oil Stocks
      • Buy Stocks on eToro
      • Buy Stocks via Credit Card
      • Buy Stocks with PayPal
      • Invest in Stocks
      • Invest in NFT Stocks
  • Trading
    • Best Trading Platforms
      • Best Investment Apps
      • Best Forex Brokers
      • Best Forex Signals
      • Best Islamic Brokers
      • Copy Trading Platforms
      • Low Spread Forex Brokers
      • Algorithmic Trading
      • Automated Trading
      • eToro Review
      • Capital.com Review
      • How to Day Trade Stocks
      • How to Trade Commodities
      • How to Trade Crypto
      • How to Trade ETFs
      • How to Trade Gold
      • How to Trade NFTs
      • How to Trade Oil
    • Trading Robots
      • Bitcode AI Review
      • BitIQ Review
      • Crypto Boom Review
      • Crypto Engine Review
      • Immediate Edge Review
      • Meta Profit Review
      • Metaverse Profit Review
      • NFT Profit Review
      • Oil Profit Review
      • Quantum Code
      • Teslacoin Review
      • Today Profit Review
      • 7Tesler Review
    • Bitcoin Robots
      • Bitcoin Buyer Review
      • Bitcoin Circuit Review
      • Bitcoin Code Review
      • Bitcoin Digital Review
      • Bitcoin Motion Review
      • Bitcoin Profit Review
      • Bitcoin Revolution Review
      • Bitcoin Rocket Review
      • Bitcoin Smarter Review
      • Bitcoin Up Review
      • BitcoinX Review
      • Bitprime Gold
      • Bit Index AI
  • Software & Social
    • Hosting
      • Best WordPress Hosting
      • Enterprise Hosting
      • UK WordPress Hosting
      • Wordpress VPS Hosting
      • Cheap Wordpress Hosting
      • Website Hosting for Small Business
    • Agencies
      • Mobile App Development Agencies
      • Social Media Marketing Agencies
      • Influencer Marketing Agencies
      • Email Marketing Agencies
    • CRM Software
      • Best CRM Software
      • CRM For Small Business
      • Best Free CRM Software
    • Other Software
      • Best Legal Software UK
      • Job Mgmt Software UK
      • Best HR Software UK
      • Best Payroll Software UK
      • Best Dental Software UK
      • Accounting Software
      • Free Accounting Software
      • Accounting Software for Mac
    • Marketing
      • SEO Marketplaces
      • Email Marketing
    • Workflow
      • PM Software
      • PM Software Small Teams
      • Marketing PM Software
      • Free PM Software
      • Best Scheduling Software
      • Task Management Tools
      • Best PM Apps
      • Best Agile Tools
    • Best Antivirus Software
      • Best Antivirus Software UK
      • Best Antivirus Software Canada
      • Best Antivirus Software India
      • Best Antivirus Software Singapore
    • Password Managers
      • Best Pw Manager Australia
      • Best Pw Manager UK
      • Best Pw Manager Canada
    • Affiliate Marketing
      • Crypto Affiliate Programs
      • Best Financial Affiliate Programs
      • Affiliate Marketing Programs
    • Best Website Builders
      • Best App Builder
      • Best Ecommerce Platform
      • Best Landing Page Builder
      • How to create a Blog
    • SEO Software
      • Ahrefs Review
      • E-mail Marketing
      • Semrush Review
    • VPN
      • Best VPN Services
      • Best VPN UK
      • Best VPN for Android UK
      • Best VPN for Firestick UK
      • How to Watch Love Island UK From Abroad
      • Best VPN Canada
      • Best VPN UAE
      • Best VPN India
      • Best VPN Malaysia
      • Best VPN Singapore
      • Best VPN Reddit
      • Best VPN for iphone
      • Best VPN App
    • Spy Software
      • Best Phone Spy Apps
      • Best Spy App for Android
    • Apps
      • Best Dating Apps

Countries

USA Deutschland España Brasil Italia Русский Nederland Türkiye 日本 한국 România Magyarország Čeština Български
Business 2 Community
  • Investing
      • Invest in Crypto
      • Best Crypto to Invest in
      • Best New Crypto Coins
      • Best Crypto Airdrops
      • Best Crypto Faucets
      • Best Crypto Giveaways
      • Best Crypto Lotteries
      • Best Gaming Crypto Coins
      • Best Utility Tokens
      • Cryptos Under $1
      • How to Invest in Bitcoin
      • How to Invest in Crypto
      • How to Invest in DeFi
      • How to Invest in NFTs
      • How to Invest in Stocks
      • How to Spend Bitcoin
      • How to Spend Ethereum
      • Make Money with Crypto
      • Make Money with NFTs
      • Most Undervalued Cryptos
      • Next Crypto To Explode
      • Penny Cryptocurrencies
      • What is DeFi Crypto
      • Crypto News
      • Best Crypto Apps
      • Best Crypto Signals
      • Best Crypto Wallets
      • Best Play to Earn Games
      • Bitcoin Casinos
      • Bitcoin Gambling Sites
      • Bitcoin Mining Sites
      • Crypto DAO Projects
      • Crypto Games
      • Crypto Marketing
      • Crypto Tax Software
      • Crypto Youtube Channels
      • ICO Marketing
      • Reddit Crypto Discussion
      • Web 3.0 & Crypto
      • What are 'Shitcoins'
      • Earn Interest on Crypto
      • Aqru Review
      • Best Staking Coins
      • Crypto Banks
      • Crypto Credit Cards
      • Crypto Interest Accounts
      • Crypto Lending Platforms
      • DeFi Lending Platforms
      • DeFi Staking Platforms
      • DeFi Yield Farming
      • Crypto Loan Sites
      • Crypto Savings Accounts
      • Crypto Staking
      • Earn Free Bitcoin
      • Earn Free Crypto
      • Earn Interest on ApeCoin
      • Earn Interest on AXS
      • Earn Interest on Bitcoin
      • Earn Interest on Cardano
      • Earn interest on Ethereum
      • Earn Interest on MATIC
      • Earn Interest on NEAR
      • Earn Interest on Stables
      • What is APY in Crypto?
      • Yield Farming Platforms
      • Yield Farming vs Staking
      • Worldwide Crypto Guides
      • Buy Bitcoin AU
      • Buy Bitcoin CA
      • Buy Bitcoin DE
      • Buy Bitcoin DK
      • Buy Bitcoin IE
      • Buy Bitcoin Indonesia
      • Buy Bitcoin IN
      • Buy Bitcoin IT
      • Buy Bitcoin NZ
      • Buy Bitcoin Portugal
      • Buy Bitcoin SG
      • Buy Bitcoin UAE
      • Buy Bitcoin UK
      • Buy Bitcoin ZA
      • Crypto Exchanges AU
      • Crypto Exchanges CA
      • Crypto Exchanges DE
      • Crypto Exchanges IE
      • Crypto Exchanges IN
      • Crypto Exchanges IT
      • Crypto Exchanges NZ
      • Crypto Exchanges SG
      • Crypto Exchanges UAE
      • Crypto Exchanges UK
  • Cryptocurrency
      • Buy Crypto
      • Buy Bitcoin
      • Buy BTC with Apple Pay
      • Buy BTC with Credit Card
      • Buy BTC with Bank Wire
      • Buy BTC with eToro
      • Buy BTC with Paypal
      • Buy BTC with Prepaid Card
      • Best Bitcoin ETFs
      • Low Cap Cryptos
      • Long Term Investments
      • ALICE Price Prediction
      • ApeCoin Price Prediction
      • Barcelona Fan Token Price Prediction
      • Bitcoin Price Prediction
      • Cardano Price Prediction
      • DeFi Coin Price Prediction
      • Dogecoin Price Prediction
      • Ethereum Price Prediction
      • Floki Inu Price Prediction
      • Lazio Fan Token Prediction
      • LBLOCK Price Prediction
      • LUNA Price Prediction
      • Pi Coin Price Prediction
      • Polygon Price Prediction
      • SafeMoon Price Prediction
      • Shiba Inu Price Prediction
      • Stepn GMT Price Prediction
      • XRP Price Prediction
      • Best Altcoins
      • Buy Basic Attention Token
      • Buy Bitcoin Cash
      • Buy Binance Coin
      • Buy Celo
      • Buy Cardano
      • Buy Chainlink
      • Buy Cronos
      • Buy Dash
      • Buy ENS
      • Buy Ethereum
      • Buy Ethereum Classic
      • Buy Litecoin
      • Buy Loopring
      • Buy Lucky Block
      • Buy LUNA 2.0
      • Buy LUNC
      • Buy Neo
      • Buy Polkadot
      • Buy Polygon
      • Buy Solana
      • Buy Spark
      • Buy Theta
      • Buy VeChain
      • Buy XRP
      • Buy ZCash
      • Best Crypto Exchanges
      • Best Altcoin Exchange
      • Best DeFi Exchange
      • Best P2P Crypto Exchange
      • Best DeFi Apps
      • Best DeFi Interest Rates
      • Best DEX Coins
      • Binance Referral Bonus
      • Binance vs Coinbase
      • Bitstamp Sign Up Bonus
      • Coinbase Sign Up Bonus
      • Crypto.com Sign Up Bonus
      • Crypto.com Visa Card
      • DeFi Swap Exchange
      • Social Trading Platforms
      • Best Meme Coins
      • Buy Baby Doge
      • Buy Dogecoin
      • Buy Floki Inu
      • Buy Shiba Inu
      • Best DeFi Coins
      • Buy 1inch
      • Buy Aave
      • Buy Algorand
      • Buy Ankr
      • Buy Avalanche
      • Buy Balancer
      • Buy Bancor
      • Buy Compound
      • Buy Cosmos
      • Buy Curve
      • Buy DeFi Coin
      • Buy DYDX
      • Buy Fantom
      • Buy Kyber Network
      • Buy Maker
      • Buy Ren
      • Buy Storj
      • Buy Sushiswap
      • Buy Tezos
      • Buy Uniswap
  • NFTs
      • How To Buy NFTs
      • Coolest NFT Projects
      • Best NFT Apps
      • Best NFT Games
      • Best NFT Giveaways
      • Best NFT Lawyers
      • Best NFT Lottery Sites
      • Best NFT Wallets
      • Buy NFTs on Binance
      • How to Flip NFTs
      • Buy NFTs in Germany
      • Best Metaverse Coins
      • Buy ApeCoin
      • Buy Axie Infinity
      • Buy Decentraland
      • Buy Enjin
      • Buy Filecoin
      • Buy Gala
      • Buy Sandbox
      • Buy STEPN
      • NFT News
      • Celebrity Backed NFTs
      • Celebrity NFT Owners
      • Most Expensive NFTs
      • New NFT Projects
      • NFT Calendar
      • NFT Horse Racing Projects
      • NFT Land Projects
      • NFT Trading Card Games
      • Sport NFT Drops
      • Why Invest in NFTs
      • Best NFTs To Buy
      • Azuki NFTs
      • CryptoPunks NFTs
      • Lucky Block NFTs
      • PolygonPunks NFTs
      • Prime Ape Planet NFTs
      • VeeFriends NFTs
      • World of Women NFTs
      • NFT Marketplaces
      • Binance
      • Crypto.com
      • DraftKings
      • Looksrare
      • Magic Eden
      • NFT Launchpad
      • NFT Music Platforms
      • OpenSea
      • Rarible
  • Stocks
      • Types of Stocks
      • Best Biotech Stocks
      • Best Blockchain Stocks
      • Best Cannabis Stocks
      • Best Cheap Stocks
      • Best DeFi Stocks
      • Best Dividend Stocks
      • Best Meme Stocks
      • Best Metaverse Stocks
      • Best New Stocks
      • Best NFT Stocks
      • Best Oil Stocks
      • Best Penny Stocks
      • Best Reddit Stocks
      • Best Tech Stocks
      • Best 5G Stocks
      • Most Undervalued Stocks
      • Company Stocks
      • Buy Alibaba Stock
      • Buy Alphabet Stock
      • Buy Amazon Stock
      • Buy AMC Stock
      • Buy AT&T Stock
      • Buy Disney Stock
      • Buy Ford Stock
      • Buy Gamestop Stock
      • Buy Hertz Stock
      • Buy Netflix Stock
      • Buy Nike Stock
      • Buy Nikola Stock
      • Buy Rivian Stock
      • Buy Roblox Stock
      • Buy Pfizer Stock
      • Buy Spotify Stock
      • Buy Tesla Stock
      • Buy Samsung Stock
      • Buy Stocks
      • Buy Shares UK
      • Buy Shares in Australia
      • Buy Stocks in Germany
      • Buy Stocks in India
      • Buy Stocks in Vietnam
      • Buy 5G Stocks
      • Buy Cannabis Stocks
      • Buy Coinbase Stocks
      • Buy Dividend Stocks
      • Buy Nio Stock
      • Buy Oil Stocks
      • Buy Stocks on eToro
      • Buy Stocks via Credit Card
      • Buy Stocks with PayPal
      • Invest in Stocks
      • Invest in NFT Stocks
    • Trading
        • Best Trading Platforms
        • Best Investment Apps
        • Best Forex Brokers
        • Best Forex Signals
        • Best Islamic Brokers
        • Copy Trading Platforms
        • Low Spread Forex Brokers
        • Algorithmic Trading
        • Automated Trading
        • eToro Review
        • Capital.com Review
        • How to Day Trade Stocks
        • How to Trade Commodities
        • How to Trade Crypto
        • How to Trade ETFs
        • How to Trade Gold
        • How to Trade NFTs
        • How to Trade Oil
        • Trading Robots
        • Bitcode AI Review
        • BitIQ Review
        • Crypto Boom Review
        • Crypto Engine Review
        • Immediate Edge Review
        • Meta Profit Review
        • Metaverse Profit Review
        • NFT Profit Review
        • Oil Profit Review
        • Quantum Code
        • Teslacoin Review
        • Today Profit Review
        • 7Tesler Review
        • Bitcoin Robots
        • Bitcoin Buyer Review
        • Bitcoin Circuit Review
        • Bitcoin Code Review
        • Bitcoin Digital Review
        • Bitcoin Motion Review
        • Bitcoin Profit Review
        • Bitcoin Revolution Review
        • Bitcoin Rocket Review
        • Bitcoin Smarter Review
        • Bitcoin Up Review
        • BitcoinX Review
        • Bitprime Gold
        • Bit Index AI
    • Software & Social
        • Hosting
        • Best WordPress Hosting
        • Enterprise Hosting
        • UK WordPress Hosting
        • Wordpress VPS Hosting
        • Cheap Wordpress Hosting
        • Website Hosting for Small Business
        • Agencies
        • Mobile App Development Agencies
        • Social Media Marketing Agencies
        • Influencer Marketing Agencies
        • Email Marketing Agencies
        • CRM Software
        • Best CRM Software
        • CRM For Small Business
        • Best Free CRM Software
        • Other Software
        • Best Legal Software UK
        • Job Mgmt Software UK
        • Best HR Software UK
        • Best Payroll Software UK
        • Best Dental Software UK
        • Accounting Software
        • Free Accounting Software
        • Accounting Software for Mac
        • Marketing
        • SEO Marketplaces
        • Email Marketing
        • Workflow
        • PM Software
        • PM Software Small Teams
        • Marketing PM Software
        • Free PM Software
        • Best Scheduling Software
        • Task Management Tools
        • Best PM Apps
        • Best Agile Tools
        • Best Antivirus Software
        • Best Antivirus Software UK
        • Best Antivirus Software Canada
        • Best Antivirus Software India
        • Best Antivirus Software Singapore
        • Password Managers
        • Best Pw Manager Australia
        • Best Pw Manager UK
        • Best Pw Manager Canada
        • Affiliate Marketing
        • Crypto Affiliate Programs
        • Best Financial Affiliate Programs
        • Affiliate Marketing Programs
        • Best Website Builders
        • Best App Builder
        • Best Ecommerce Platform
        • Best Landing Page Builder
        • How to create a Blog
        • SEO Software
        • Ahrefs Review
        • E-mail Marketing
        • Semrush Review
        • VPN
        • Best VPN Services
        • Best VPN UK
        • Best VPN for Android UK
        • Best VPN for Firestick UK
        • How to Watch Love Island UK From Abroad
        • Best VPN Canada
        • Best VPN UAE
        • Best VPN India
        • Best VPN Malaysia
        • Best VPN Singapore
        • Best VPN Reddit
        • Best VPN for iphone
        • Best VPN App
        • Spy Software
        • Best Phone Spy Apps
        • Best Spy App for Android
        • Apps
        • Best Dating Apps
    Deutschland España Brasil Italia Русский Nederland Türkiye 日本 한국 România Magyarország Čeština Български
    Digital & Social⟩Online Marketing

    The Changing Economics of Google AdWords (Infographic)

    author imageLarry Kim Last updated: 25 October 2012
    Twitter Facebook LinkedIn Flipboard 1

    On the heels of Google’s “disappointing” earnings announcement last Friday – they generated a whopping $10.8 billion in advertising revenues in Q3 2012, up 5% from the previous quarter and up 16% year over year – I conducted an analysis to shed some light on just how they pulled this off.

    The results are summarized in our Google Statistics Infographic, also shown below (click the image to enlarge). Read on for more commentary on what we discovered, including facts about Google advertising metrics and the top 10 industries that spend the most on Google ads, as well as some very detailed FAQ’s on how all this data was compiled!

    (Click to enlarge)

    Today’s Changing Google Economy: What’s Happening?

    Google is an advertising company – excluding the Motorola business, 94% of Google revenues come from advertising, which relies primarily on key advertising metrics like Impressions, Clicks, Cost Per Click, and Click-Through Rate.

    In a nutshell: Google Ad Revenues = Ad Impressions * Click-Through Rate * Cost Per Click.

    My analysis shows that, in the last quarter, the average costs per click (CPCs) have declined significantly in the last quarter (-16.5% for Google Search, -18.2% for Google Display Network), while click-through rates (CTR) were mixed (-12.4% for Google Search, +13.8% for Google Display Network).

    Offsetting those declines are an impressive growth of ad impressions and clicks (clicks were up +21.6% for Google Search, +29.1% for Google Display Network), which more than made up for lost revenues.

    It’s hard to say for certain what is causing what.

    The dramatic increase in impressions and clicks is in some way contributing to the decline in average CPC’s and CTR’s – generally speaking, higher supply means lower prices, and showing a greater number of ads on a page inevitably means that any one individual ad is less likely to be clicked on. Alternatively, the massive increase in impressions could be a deliberate strategy on Google’s part to monetize more of their search inventory to increase clicks and revenues.

    I think it’s probably a bit of both. In the end, the huge increases in impression volumes and clicks edged out the declines in cost per click and click through rates, resulting in yet another record quarter.

    Why Does This Matter? What Does it All Mean?

    My take is that the trends we’re seeing in the Google economy create a win-win for both AdWords advertisers and Google.

    A larger available inventory of impressions, combined with lower CPC, means that PPC advertisers are now literally able to get more customers for less money.

    It also opens up Search Engine Marketing to more advertisers, including perhaps advertisers for whom the economics of search might not have previously worked out at higher average costs per click. (Just as SEO is harder for small businesses with lower budgets, so is PPC.)

    Here at WordStream, we work with small and medium-sized businesses with limited search budgets ranging from $1k / month to around $100k / month. And previously, we’ve been quite concerned about rising CPCs and how it often results in smaller businesses responding by adopting increasingly narrow ad targeting parameters, or even dropping paid search all together.

    I recognize that CPC’s aren’t fully controlled by Google per se – that an advertiser’s actual cost per click is a reflection of advertiser competition for a keyword, as well as an advertiser’s historical performance track record (Quality Score). But regardless, I’m very supportive of a Google Advertising system that, over time, emphasizes increases in ad inventory and provides features to improve click-through rates and conversion rates – because it delivers much more value to advertisers in the long run and makes paid search a much more sustainable and attractive venue for ad dollars, in comparison to other advertising venues.

    Industry-Specific Findings

    Numerous other interesting findings came out of this analysis, including the following Google facts:

    • Average CPCs in the finance industry, which spends the most of any industry on Google advertising, are high – over $3 per click on the search network and over $1 per click on the Display Network. The vertical with the next highest CPC is jobs and education, at $1.80 on Google search.
    • Finance-related ads on Google result in over 1 million completed conversions per day.
    • The industry with the highest average click-through rate is shopping, with average CTR at 5.23%, followed by travel at 4.88%.
    • The jobs and education sector has the highest conversion rates, at 6.27%, followed by shopping at 6.09% and beauty and fitness at 5.63%.
    • Together, the Search and Display networks account for nearly 13 million conversions per day, not only adding to Google’s own bottom line but also generating trillions for advertisers and the economy.

    What’s So Special about All This Data? Where did the Google Facts Come From?

    I used the data collected by the AdWords Performance Grader, a free AdWords account audit tool which has evaluated over $1 billion dollars in annualized spending on Google in the last year (roughly 2.5% of total advertising revenues on Google!). For this report, I used metrics from accounts that were evaluated between July 1, 2012 and October 30, 2012.

    We believe this is the most comprehensive study on the internal working of the Google AdWords system, ever.

    How Many AdWords Accounts are Included in the Analysis? What did they look like?

    My research included over 2,600 AdWords accounts that ran our AdWords Grader in Q3 2012. The accounts in aggregate represented over $250 million in annualized spend. They ranged from very small (spending under $100 / month) to very large (millions per month in spend), across every industry. Additionally, the analysis includes accounts from all countries where Google does business.

    I believe our data set is the broadest, most diversified cross-section of AdWords advertisers that is truly representative of the heterogeneous customer base that Google AdWords has today, and as such, is far more accurate than other studies by search marketing vendors that only work with say, just large clients.

    How Was the Research Conducted?

    I looked at 2,600 AdWords advertising accounts – examining key metrics like the total number of number of clicks, impressions, costs (etc.) or all of the accounts in the date range of July 1, 2012 to September 30, 2012. I first calculated some top-level metrics, specifically:

    • Average CPC for Google Search (including the Google Search Partners) and Google Display Network
    • Average CTR’s for Search and Display Network
    • Conversion Rates for Search and Display Network

    I also determined various important ratios, including the split of revenue and clicks split between Google search (including partner search) and the Google Display Network.

    When determining conversion rates, I ignored data for accounts that didn’t have Google Conversion tracking enabled, which was roughly half the dataset.

    The next step was to figure out key top-line stats (across all industries) for the entire Google AdWords platform, including:

    • Total clicks on Google Search and Google Display Network
    • Total impressions on Google Search and Google Display Network
    • Total number of conversions for Google Search and Google Display Network
    • Average CPC’s for Google Search and Google Display Network
    • (etc.)

    I was able to determine these numbers using the Google Q3 2012 CPC’s (search & display) and Google’s total advertising revenues of $10.8 Billion, as well as the various ratios that I had previously calculated (share of revenue to Google Search, Google Display, Average CPC on Google Search, etc.).

    The next step was to do the same calculation based on specific industry (e.g., Finance, Travel, Shopping, etc.).

    To do this, I determined the various ratios and metrics (CTR, CPC, etc.) using advertiser data for a specific category, such as Travel. Next, I determined some industry weightings to apply. For example, what share of total clicks or total spend on Google belong to Travel, etc.

    Once I had determined the industry weightings and the industry-specific metrics and ratios, I could then develop the metrics on an industry-specific basis.

    Are there any Known Issues Regarding your Research?

    Yes. I would like to disclose the following known issues pertaining to my research:

    Currency Conversion: In my research, I converted various international currencies (for example, Euro, South African Rand, UK, Pound, Indian Rupee, Danish Krone, Australian Dollar, Singapore Dollar, New Zealand Dollar, Canadian Dollar, Norwegian Krone, Swiss Franc, Japanese Yen, etc.) using a fixed average conversion rate for the entire quarter. A more accurate way to do this would have been to use a different currency exchange rate for every day to account for daily changes in exchange rates.

    Rolling Average: The dataset included in the analysis are accounts that were analyzed in Q3 2012. However each account analysis is a snapshot of the advertiser’s account performance metrics over the last 90 days. So, for example, an account evaluated on July 1, 2012, includes data for June 30, 2012 and the 90 days prior, which is actually Q2 2012. So what you’re looking at is a rolling average of data, not just data in the quarter.

    High Conversion Rates: My analysis assumes that conversion tracking is properly set up by the advertiser, which is not always the case. A future data index will look for unrealistically high conversion rate outliers and throw those out. They were, however, included in this analysis, which resulted in higher conversion rates.

    Higher Margin of Error for Industry-Specific Data: While the number of advertiser accounts used in the analysis was a very large number (2,600 for Q3 2012), the sample size becomes smaller when I break down the analysis based on the advertiser’s industry, which results in greater margins of error. I believe that the accuracy of our data can be further improved by addressing the various known issues and increasing the number of accounts analyzed per quarter.

    Higher Weighting of English-Speaking Countries: Because our AdWords Grader is marketed to English-speaking markets, this likely resulted in a higher concentration of companies from English speaking-countries being included in the analysis. A future analysis will segment customer data for USA vs. Rest of World.

    Why doesn’t the WordStream data match up exactly with Google’s official reports?

    Rather than trying to make our research match up exactly to the every one of the few the bits of data that Google discloses, I chose to do a bottom-up analysis of the Google AdWords system using all of our available data, and fully disclose the research methodology.

    Are There Duplicate Accounts in your Data Set?

    I de-duplicated the accounts in our dataset. If an advertiser ran the AdWords Grader two or more times during the quarter, the older data from the previous run was discarded from our analysis.

    How Do You Categorize Your Data by Industry?

    To categorize the data into industries, I relied on an advertiser self-reporting their industry pick-list of 20 industries, prior to running the AdWords Grader application.

    I read that there are only around 2 or 3 billion searches on Google per day. How can there be 5 billion ad impressions in a day?

    Couple of points here:

    • I’m counting total ad impressions. Keep in mind that a search results page can have sometimes +12 ads per page.
    • I’m also adding in ad impressions from the Google Partner Search Network, which I found accounted for approximately 15% of the ad impressions in Q3.

    Why Are the CPC’s so low?

    If you’ve read our research on the most expensive keywords, you might be thinking that the costs per click on AdWords are much higher. But actually those are the outliers in specific geographies with high competition.

    CPC’s vary based on advertiser competition. For my analysis, I was looking at the entire Google AdWords platform, so I included data from advertisers worldwide, including countries with lower competition and lower CPC’s than the USA.

    Why Are the CPC’s down by so much?

    We found that CPC’s for individual ads were down -16.5% and -18.2%. We realize this is more than what Google reported in their earnings report – please see an earlier question on known issues for more information, particularly the “Rolling Average” issue. I believe what I am seeing is 2 quarters of declines in CPC’s (keep in mind that Google reported that their CPC’s fell in both Q2 and Q3 of this year).

    Why are Click Through Rates falling By So Much for Google Search?

    We think it’s related to having more ads on a page. That if you have double the number of ads on a page, there are more things to click on, so naturally, the click-through rate of an average ad decreases.

    We’re also not sure how exactly Google calculates their click-through rates – are they looking at the average click-through rate for a page containing multiple ads, or at the click-through rates of each individual ad?

    Finally, keep in mind the “Rolling Average” issue – that we’re seeing 2 quarters worth of data, not just one.

    What are Your Plans for this AdWords Data in the Future?

    I’m actively working on ways to improve our dataset – I hope to release regularly updated paid search industry benchmarks in the next quarter or two.

    What Google Statistics Would you Like to see in the Future?

    I’m very interested in hearing your thoughts on what should be included in the data index going forward, in addition to the metrics that I included in this report. For example, share of Mobile Search vs. Desktop Search, etc. Let me know in the comments below!

    Twitter Tweet
    Facebook Share
     Email

      This article originally appeared on Internet Marketing Blog by WordStream and has been republished with permission.
    Find out how to syndicate your content with B2C


    author image

    Author: Larry Kim

    Follow @larrykim

    Larry Kim is the CEO of MobileMonkey  — the World’s Best Facebook Messenger Marketing Platform. He's a top contributor at Inc.com and also the founder of WordStream, the leading provider of AdWords, Facebook and keyword tools used by over a million marketers worldwide. You can connect with him on Facebook Messenger, Twitter, … View full profile ›


    More by this author:
    • Successful Founders Will Nail at Least 8 of These 10 Questions in a VC Pitch
    • 8 Characteristics All Facebook Messenger Chatbots Should Have
    • 8 Interactive Websites with Chatbots: Web Chat Examples for Marketing, Sales & Customer Support

    Stay Connected

    Join over 100,000 of your peers and receive our weekly newsletter which features the top trends, news and expert analysis to help keep you ahead of the curve

    Get the Best of B2C on our Telegram:

    Popular Articles

    Image: How Google Discover Affects Search And SEO For Your Personal Brand

    How Google Discover Affects Search And SEO For Your Personal Brand

    by Personal Branding Blog

    Image: How Do I Add My Business to Google Maps?

    How Do I Add My Business to Google Maps?

    by Brent Carnduff

    Image: Key Personality Types That Work Well Together

    Key Personality Types That Work Well Together

    by Meredith Wood

    Image: How to Write Acknowledgement Email Replies (With Samples)

    How to Write Acknowledgement Email Replies (With Samples)

    by Ayo Oyedotun

    Image: How to Change Fonts on Instagram – Everything You Need to Know

    How to Change Fonts on Instagram – Everything You Need to Know

    by Hugh Stephens

    Image: How and Why to Use the Paid Partnership Feature on Instagram

    How and Why to Use the Paid Partnership Feature on Instagram

    by Brittanie Dreghorn

    Image: crypto affiliate programs

    Top 19 Best Crypto Affiliate Programs 2022 : Highest Paying Bitcoin and Crypto Networks

    by Aneeca Younas

    Image: Emerging Affiliate Marketing Trends in the New Year

    Emerging Affiliate Marketing Trends in the New Year

    by Kristen Indihar

      Discuss This Article

    Show Comments (1)
    Add a Comment
    • Joe says:
      January 8, 2013 at 1:59 pm

      Google is making this kind of money, because they charge a fortune for their services and rape people of their hard-earned cash, though many morons fall for this crap! Most people of today are looking for the easy road and they think this is it. Not by a long shot! Maybe it does bring some business for some companies… but I know several who have opted out because they end up paying more for their ads then they make, myself included!

      Reply

    Add a New Comment/Reply

    Cancel Reply

    Thanks for adding to the conversation!

    Our comments are moderated. Your comment may not appear immediately.

    • ↑ Back to Top
    • Registered Address: Finixio Ltd Tower 42 25 Old Broad Street London EC2N 1HN
    • © Business 2 Community.  All Rights Reserved

      Note that the content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. This website is free for you to use but we may receive commission from the companies we feature on this site.

    • Privacy & Terms of Use
    • About B2C
    • Why Trust Us?
    • Editorial Policy
    • Login
    • Email us
    • Business 2 Community on Twitter Business 2 Community on Facebook Business 2 Community on LinkedIn