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What is the difference between Pay Per Click (PPC) and Organic listings?

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What is the difference between Pay Per Click (PPC) and Organic listings?

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PPC ads are paid for by the advertiser and are typically located to the right or above the organic or natural listings marked as sponsored or paid advertising. Organic listings get four to seven times the traffic when compared to an equivalent listing in the sponsored section.

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*Sadly, we had to bring back ads too. Hopefully more targeted.