Paid Media News by Eric Mandell

Google Search Ad Visits Earned Far More Per Visit Than ChatGPT Ads in U.S. Traffic

By Eric MandellReported by Paid Media News
58
Research

TLDR

Data shows ChatGPT ad visits brought advertisers a fraction of paid search's revenue per visit in U.S. traffic, and most advertisers saw no sales from them.

Search Engine Journal reports that ChatGPT ad visits generated only a fraction of the revenue per visit that Google Search ads did in U.S. traffic. Most advertisers in the data saw no sales from the ChatGPT visits.

How we got here: earlier coverage

On September 8, ChatGPT Ads still lacked industry benchmarks and audience data six months after launch. On September 29, Similarweb panel data showed ChatGPT ad click-through rates topped 1% in four markets but underperformed in the U.S. Then, on October 21, the platform had grown to 60,000 advertisers but was tracking well below its projected $2.4 billion 2026 revenue target. Now, data shows ChatGPT ad visits brought advertisers a fraction of paid search's revenue per visit in U.S. traffic, and most advertisers saw no sales from them.

Summary of earlier coverage

  1. Sep 29
    ChatGPT Ad CTR Topped 1% in Four Markets, but Fell Short in the U.S.

    Similarweb panel data shows ChatGPT ad click-through rates topped 1% in four markets but underperformed in the U.S.

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