Google Checkout Buying Market Share from PayPal

FREE IFN Newsletter

Google Checkout Buying Market Share From PayPal

By: Andy Beal
2006-11-27

Google has deep pockets, and is certainly not afraid to use its war-chest of cash to take on PayPal.

Hitwise reports Google Checkout's $10 off $30 promotion (and the just announced $20 off $50) is helping the company to buy its way into the online payment processing market.

Its market share of visits was up 30% in the past four weeks (week ending 11/18/06 vs. week ending 10/21/06), and soon it should rank in the top 20 Google properties.

While PayPal gets 70% of its traffic from eBay, Google Checkout is casting a wider net with its partner network. Here's where Google Checkout is getting its traffic from

Comment

Tags: Google Checkout, PayPal

Add to

Del.icio.us |

Digg |

Furl

View All Articles by Andy Beal

About the Author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected].


Dow	13522.02	-366.94	(-2.71%)
Nasdaq	2725.16	-74.15	(-2.72%)
S&P 500	1500.63	-39.45	(-2.63%)


Titan Quest Forum	Nintendo Wii	Graphics Forum
Halo 3 Forum	Mac Software