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Does Digg's AdSense Revenue Debunk My CTR Theory?
Ed Kohler
Yesterday's post on the AdSense click through rates of Digg users drew some interesting comments, including this one from Haf, where he points out that Digg's founder, Kevin Rose, is the second largest AdSense money maker:

Hang on a sec:

Top 8 google adsense (individual) money makers (excluding major network site):

as of 9/26/06 from johnchow.com

1: Markus Frind: PlentyOfFish.com - $300,000 per month
2: Kevin Rose: Digg.com - $250,000 per month
3: Jeremy Schoemaker - $140,000 per month
4: Jason Calacanis: Weblogs, Inc. - $120,000 per month
5: David Miles Jr. & Kato Leonard - $100,000 per month
7: Joel Comm - $24,000 per month
8: Shawn Hogan – DigitalPoint.com $10,000 per month

I think - for now - Google can certainly go to sleep knowing that people do click... a lot.

That's a very great point, but I don't think it disproves my theory, and here is a graph that I believe shows why:


digg-plentyoffish.png

The Page Views report from Alexa comparing Digg (in blue) with PlentyOfFish (in red) shows that Digg serves a LOT1 more page views than PlentyOfFish.com. Yet PlentyOfFish makes more money off Adsense. In fact, some quick eyeballing leads me to believe that PlentyOfFish makes at least twice as much per page view as Digg does.

How much a site makes per page view can depend on a lot of things, including ad placement, page topics, and - as we've discussed here - audience.

1. It's probably safe to assume that Digg users are more likely to have the Alexa toolbar installed than PlentyOfFish users, so the difference probably isn't as significant as Alexa reports.



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Comments

1. Posted by: Jeremie Berrebi (Zlio.com) on April 12, 2007 11:14 AM:

You can also add Radioblogclub to this list at the 6th position




2. Posted by: Haf on April 13, 2007 9:57 AM:

Interesting stats Ed. Thanks for posting my comment. What I find more interesting is knowing that there are only a handful of people who make any real cash from Adsense. Any individual website owner not on that list may only make a extra a month from it. Are we at saturation?

Haf.




3. Posted by: Markus on April 13, 2007 6:37 PM:

That is because everyone on digg has a alexa toolbar installed.

US represents about 40% of traffic to plentyoffish. Quantcast shows that digg isn't even in the same league.

http://home.compete.com.edgesuite.net/digg.com+plentyoffish.com_att_03122007_04112007.png

Most ranking systems show that Plentyoffish serves 4 times the pageviews as digg on any given day.




4. Posted by: Classifieds on January 25, 2008 11:27 AM:

Wouldn't Plenty of fish just earn more because dating has a higher paying CPC?




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