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Firefox plan to show ads and shopping in the near future in the browser as an opt-out
(bugzilla.mozilla.org)
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This is definitely a good point.
You'd be surprised. I've worked in ad tech. Retargeting ads (where you see ads for items you've viewed in the past) and abandoned cart ads (which you see if you add items to your cart but never check out, sometimes with a discount coupon attached) have very good clickthrough rates. Targeting based on customer list performs pretty well too.
In any case, I really doubt they could make even 1% of what they currently make with the Google deal. AFAIK they make around $400 million per year from that deal: https://www.pcmag.com/news/mozilla-signs-lucrative-3-year-google-search-deal-for-firefox