Second quarter saw slowing ad spend on most platforms
Martech
JULY 31, 2024
On the pricing front, advertisers experienced some relief as the cost-per-click (CPC) growth rate slowed to 12% year-over-year, following four quarters of accelerating CPC growth. This marks the fifth consecutive quarter of slowing click growth for Google’s search ads, with Q2 seeing only a 3% increase.
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