Tim Armstrong: Why I Left Google for AOL
A Three-Part Video Interview With Ad Age Editor Jonah Bloom at the 4A's Leadership Conference
Produced
by Hoag Levins
on
04.29.09
@ 06:45 PM
NEW YORK (AdAge.com) -- Tim Armstrong shocked the industry when he announced he was leaving his post as chief of Google ad sales to become CEO of the much-troubled AOL. At this week's 4A's Leadership Conference in San Francisco, he took to the stage with Ad Age Editor Jonah Bloom for his first public discussion of that decision. This three-part video series covers the entire interview. All three videos appear on the video player that pops from this page.
AOL is great demographic if all you want to target is Soccer Moms and a lot of Tweens working with censored videos of mediocre quality and carefully policed and screened AOL chat sessions. Nothing our customers are going to want to pay for ads on AOL.
The sad truth is, AOL has consistently been the BIGGEST loser in the Search Engine market for the past three years running.
ComScore published a report that the August 2007 snapshot of all Internet searches exceeded 11.8 billion. This means the total number of people searching for things, services, products or a new home. The break down of how the search pie got sliced up might surprise a lot of people.
America On Line was the big loser. AOL's search gateway was responsible for only $504 Million searches in August 2007, or just 4.3%.
Ironically, Ask.com, formerly AskJeeves.com did a bit better than AOL. They're now part of the Barry Diller empire but no matter how much money IAC throws as ask.com TV advertising, it's done very little to pull people away from Google. Ask.com users performed 569 million searches in August 2007, or 4.8%.
MSN was next up and resulted in 977M searches or 8.3%.
Yahoo was next in line and boasted a healthy 2.3 Billion total searches in August 2007 or 19.6%.
The big winner continues to be Google, and resulted in 7.4 Billion searches in August 2007 – a whopping 63% of the total pie.
I have yet to check everybody's 2008 numbers in detail, but AOL was the big loser again last year.
Good luck Tim. You're going to need lots of it.
- Bart Wilson
Voyager International | Santa Fe Office
http://www.octavianworld.org/octavianworld/2009/05/aols-future-our-phds-can-beat-up-your-phds.html