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The PPC Market in Ireland is as the most industries hit hard in the last months. The bit price (CPC) for the huge range of keywords is just gone wild. The clicks are either

Extremely expensive (CPC)
That is a sign of many advertisers biding for the keyword they think is important for their business. In some cases it might be just the two advertisers having their private price war.

Unexpected big drops (in CPC)
Some keywords show huge cost per click drops, and become cheep. That is mostly the result of the big player (the big AdWords spender or a number of them) leaving the marketplace, usually with their marketing budget all spend for the period, and the keywords CPC price drops drastically.

The overall size of the Irish PPC market seems to be shrinking during early 2009. Both Google AdWords and Google AdSense publishers can see it clearly. Recession is here, and is here to stay with us for some time. It is having the impact on the online marketing and the PPC budgets are suffering in this volatile market.

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