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<strong>Spike</strong> | 15 YEARS OF BOOKS, MUSIC, ART, IDEAS | www.spikemagazine.com<br />

ones who will prosper. And, as a by-product of that, the<br />

more users they have, the more they can analyse what’s<br />

been asked for before to anticipate what will be asked<br />

for in the future. Battelle calls it the Database of Intentions,<br />

and mastering the analysis of all those billions of<br />

queries is where the money lies.<br />

The most obvious example of the commercial gold<br />

in search queries is contextual advertising, those text<br />

ads that turn up next to your search results that are<br />

related to your query. Still in its infancy, contextual<br />

advertising has revolutionised online advertising and<br />

had a huge knock-on effect on old media. The targeted<br />

nature of contextual ads – they only get served<br />

to someone who’s interested in that subject; the ad<br />

buyer only pays when someone clicks the link – has<br />

meant thousands of businesses that couldn’t afford to<br />

advertise can now do so and, crucially, get results of<br />

real money-in-the-bank business driven by those ads.<br />

Shoestring businesses have enjoyed massive sales<br />

boosts as a result of this approach, without having to<br />

spend vast sums on marketing. The joy here is that<br />

everyone wins – the customer finds what they want, the<br />

business gets business, and the search engine makes<br />

money for connecting the two together. Advertising<br />

becomes – shock, horror – useful and even valued,<br />

rather than an irritant. That’s the ideal scenario, anyway,<br />

and Battelle provides case studies showing both<br />

the up and potentially disastrous downside of relying<br />

BUY John Battelle books online from and<br />

on search engines to drive business your way.<br />

Contextual ads have not only helped advertisers but<br />

also website owners too. The net’s free culture has<br />

always meant that paying for content has been a thorny<br />

issue – surfers loathe registering for access to newspaper<br />

archives online, much less paying for it. Google’s<br />

Adsense program provided a way for sites to have<br />

relevant ads to their content appear on the page and<br />

in doing so, allowed site owners to earn some handy<br />

pocket change too. (Of course, I’m biased here: in the<br />

two years I’ve been running Google Adsense on <strong>Spike</strong>,<br />

its monthly revenue has steadily increased as Google<br />

tweak the system to display more relevant ads).<br />

As Battelle has pointed out on his Searchblog, now<br />

is a great time to be a publisher on the net, because<br />

there are more and more easy ways of earning cash<br />

from content. Blog networks like Weblogs, Inc which<br />

earn over $2,000 a day from Adsense, or probloggers<br />

like Darren Rowse who recently earned $15,000 in one<br />

month from Adsense, show that there’s real money to<br />

be made from providing top quality, regular content.<br />

Indeed, Battelle has recently launched Federated Media<br />

Publishing, which will be teaming up with selected<br />

sites to manage matching ads to their content. Battelle,<br />

a former editor of Wired and founder of the Industry<br />

Standard, is already ‘brand manager’ for leading blog<br />

BoingBoing, and has considerably increased that site’s<br />

revenues since coming aboard.<br />

063<br />

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