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Google feels lucky
Posted in November 24th, 2007
Published in Business Development, IT
Just read that Google is estimated to lose approximately $110 million of
revenue each year due to searches done through the “I’m Feeling Lucky” button and bypassing all the ads. In other words, around 1 percent of visitors expect Google to place the actual best result on top of others and are willing to go there directly without any browsing. Despite being a huge fan of Google, I personally never use that button and prefer to go through the results myself.
You may ask why the button is still there? Because, after all, Google was born from a couple of grad students sharing a dream and doesn’t want to look too much like the corporate (and sometimes scary) giant it has become.
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I am an application development manager at DHL Express Italy. I hold an MBA from Warwick Business School, a BA(Hons) in International Business from the European School of Economics (in partnership with Nottingham Trent University)and a professional marketing diploma from the Univerisity of California at Berkeley.
