Yahoo Burns Advertisers * But Might be Taken Over Anyway
ADOTAS — As Google sucks up more market share by the day, Yahoo dithers and now irritates advertisers who want to give them money but will go elsewhere if they have to.
Though this has been part of its terms for the last six months, Yahoo says, unilaterally, it can create ads, add and remove keywords and optimize accounts. Many advertisers apparently are only becoming aware of this lately.
As one blogger said, “Yahoo made the bone-headed decision to start unilaterally messing with the keywords and bids of sponsored search customers. If that wasn’t bad enough, Yahoo just quietly updated its Terms & Conditions–making advertisers fully responsible for those decisions.”
Yahoo, which has been on the cutting edge of online search, has been hobbled by mismanagement and poor decision making. I don’t know if angering clients helps.
UPDATE: Could help be on the way? According to Michael Arrington, a group of investment bankers and top executives are working on a deal to takeover Yahoo with debt supplied by Microsoft.
– Express your opinion, comment below
Reader Comments.
Not to mention the clunky UI and the lack of a mass editing tool. Get with it Yahoo. We really want to use you, but you’re blowing it!
Google already does this. Why is this news?
Yes
There are similarities but Yahoo is being more rude and crude than Google! Some changes are almost destroying the value of the ad copy and has people paying for bad ads!
Rod Cook
http://www.mlmconsultant.com
amazingly stupid of both companies. A class action waiting to happen
Yahoo is full of idiots, I can’t wait until their editors start getting layed off. They love shutting down my accounts and disapproving my ads, the same ads that google runs all day. Yahoo is the only company I know that turns away people that want to give them money. And Clay, you hit it on the nose, their user interface is garbage. MSN even has a better one in beta right now. this does explain why this internet giant had once a net worth of $150 billion but now down to only $15 billion. Jerry Yang, you’re a clown!
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