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'''Pay for placement''', or '''P4P''', is an [[Internet advertising]] model in which advertisements appear along with relevant search results from a [[Web search engine]]. Under this model, advertisers bid for the right to present an advertisement with specific search terms (i.e., keywords) in an open auction<ref>{{cite web|url=http://archives.cnn.com/2000/TECH/computing/12/11/search.engines.explored.ap/index.html|title=Search engines shift gears to increase profits|accessdate=2008-04-11|publisher=CNN}}</ref>. When one of these keywords is entered into the search engine, the results of the auction on that keyword are presented, with higher ranking bids appearing at the top of the page.
'''Pay for placement''', or '''P4P''', is an [[Internet advertising]] model in which advertisements appear along with relevant search results from a [[Web search engine]]. Under this model, advertisers bid for the right to present an advertisement with specific search terms (i.e., keywords) in an open auction.<ref>{{cite web|url=http://archives.cnn.com/2000/TECH/computing/12/11/search.engines.explored.ap/index.html|title=Search engines shift gears to increase profits|accessdate=2008-04-11|publisher=CNN}}</ref> When one of these keywords is entered into the search engine, the results of the auction on that keyword are presented, with higher ranking bids appearing at the top of the page.


When P4P was first introduced, controversy arose because 70% of Internet users were unaware that search results could be skewed as a result of such agreements<ref>{{cite web|url=http://www.guardian.co.uk/media/2002/may/03/bbc.newmedia|title=BBC angers rivals by launching online search engine|accessdate=2008-04-11|publisher=The Guardian}}</ref>, which in some cases led to legal action<ref>{{cite web|url=http://edition.cnn.com/2002/TECH/internet/02/04/search.engine.lawsuit.idg/index.html|title=Search engines sued over 'pay-for-placement'|accessdate=2008-04-11|publisher=CNN}}</ref>. Many users felt that the search results would be irrelevant; however, the auction model has proven to be effective at producing relevant results for searches where the user wants to purchase something.{{Fact|date=February 2007}} P4P is now seen as the most efficient and effective way to monetize search engines.{{Fact|date=February 2007}}
When P4P was first introduced, controversy arose because 70% of Internet users were unaware that search results could be skewed as a result of such agreements,<ref>{{cite web|url=http://www.guardian.co.uk/media/2002/may/03/bbc.newmedia|title=BBC angers rivals by launching online search engine|accessdate=2008-04-11|publisher=The Guardian}}</ref> which in some cases led to legal action.<ref>{{cite web|url=http://edition.cnn.com/2002/TECH/internet/02/04/search.engine.lawsuit.idg/index.html|title=Search engines sued over 'pay-for-placement'|accessdate=2008-04-11|publisher=CNN}}</ref> Many users felt that the search results would be irrelevant; however, the auction model has proven to be effective at producing relevant results for searches where the user wants to purchase something.{{Fact|date=February 2007}} P4P is now seen as the most efficient and effective way to monetize search engines.{{Fact|date=February 2007}}


==See also==
==See also==

Revision as of 20:47, 16 July 2008

Pay for placement, or P4P, is an Internet advertising model in which advertisements appear along with relevant search results from a Web search engine. Under this model, advertisers bid for the right to present an advertisement with specific search terms (i.e., keywords) in an open auction.[1] When one of these keywords is entered into the search engine, the results of the auction on that keyword are presented, with higher ranking bids appearing at the top of the page.

When P4P was first introduced, controversy arose because 70% of Internet users were unaware that search results could be skewed as a result of such agreements,[2] which in some cases led to legal action.[3] Many users felt that the search results would be irrelevant; however, the auction model has proven to be effective at producing relevant results for searches where the user wants to purchase something.[citation needed] P4P is now seen as the most efficient and effective way to monetize search engines.[citation needed]

See also

References

  1. ^ "Search engines shift gears to increase profits". CNN. Retrieved 2008-04-11.
  2. ^ "BBC angers rivals by launching online search engine". The Guardian. Retrieved 2008-04-11.
  3. ^ "Search engines sued over 'pay-for-placement'". CNN. Retrieved 2008-04-11.

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