Social & Advertising · via Digiday

In graphic detail: Six thousand brands later, ChatGPT ads still have a conversion problem

18h ago · curated by Catalyst Web Trendz

In graphic detail: Six thousand brands later, ChatGPT ads still have a conversion problem

ChatGPT now handles roughly a fifth of the search queries Google does. Its ads business is worth considerably less. Nobody should be surprised by that. OpenAI only started selling ads this year, the format they’re growing into is still taking shape and the company has been tiptoeing around how much advertising to put in front of users. Advertising is, in other words, lagging usage. OpenAI will want that to change quickly and advertisers are already testing how fast it can. Read on to see where things stand. How big is the addressable audience There’s room for OpenAI to increase the reach of its ad business within markets where it already…

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