I’m bummed that I had to bow out of this year’s Where 2.0 conference; I had been slated to speak, and had a list of people to meet and sessions I wanted to hear. One of the most interesting sessions, moderated by Greg Sterling, was on the “monetization of maps and mashups“.
Following a blogger’s coverage of the session, I was really tweaked by one comment, roughly paraphrased by blogger John McKerrell, in attendance. From Skyhook, Jed Rice:
“When we started trying doing more local targeting and being able to insert a lat/lon.We had to flood adsense with a lot of local information to get any information from them at all. We had a click-through rate of 7/8/12% as if you can position ads around a relevant map you get a higher click-through. But there’s a problem that there isn’t enough ads to serve, requires a huge inventory to serve at such a granular level.”
This is a pretty important observation.
Experience is beginning to demonstrate that AdSense does not offer much hyper-local ad inventory.
