Good morning search marketers, can you hear that sound?
That's Amazon chip, chip, chipping away at Google's search market share. The latest estimates from eMarketer suggest Amazon's share of the paid search market in the U.S. will increase from 13% this year to 16% by 2021. In contrast, Google's share is expected to drop from 73% to 70.5%.
Yes, 70% still makes Google an outsized market leader, but while writing this newsletter, I decided to take a look back at eMarketer estimates from 2017 to see how things have shifted. Get this:
- Google's share was expected to increase from 78% to 80% by 2019. Instead, it shrunk.
- Amazon's share was pegged to grow from 2.0% to … 2.2% by 2019. In just two years, the company has blown that estimate out of the water.
Pretty staggering. (And no wonder Google launched a new Shopping experience this month.)
Meanwhile, projections for Microsoft and Verizon Media (Yahoo then) were spot on at 6.6% and 2.3%, respectively.
Another interesting story in those numbers: Yelp. In 2017, eMarketer projected Yelp's search ad revenue share in the U.S. would dip from roughly 7% to 6%. Yesterday's estimate puts Yelp's current search ad share at just 1.8%. Yelp, too, has been working on "major product changes" to boost engagement and regain momentum.
Read on for a Pro Tip on the results of a giant analysis of crawl data and more.
Ginny Marvin
Editor-In-Chief