Business model of GOOGLE.


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Uploaded on Nov 9, 2020

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Business model of GOOGLE.

BUSINESS MODEL OF GOOGLE INTRODUCTION • Google Inc is a technology company based in Mountain View, California. • The company began as an internet search engine but has since become a technology giant that offers over fifty products and services. Source: cleverism.com BUSINESS MODEL • Key Partners: Key partners for Google include suppliers, distributors, the Open Handset Alliance and original equipment manufacturers. • Key Activities: Key activities include research and development for both the development of new technologies and features and the improvement of existing ones. Source: cleverism.com Value Proposition • Key resources for Google would include datacenters, servers and other IT infrastructure, IPs as well as the human resource. • Value Proposition: The company aims to create value for its customers for internet search, advertising, operating systems and platforms and enterprise. Source: cleverism.com Customer Segments • Channels to build customer relationships can include sales and support services as well as dedicated teams for larger customers. • Customer Segments: Google has three main customers. • The users who are able to organize information in useful ways using Google products and services • The advertisers who have a cost effective way to display online and offline ads to customers and Google Network Members. • Other extended segments can include mobile device users and makers as well as developers. Source: garyfox.co Publishers • Publishers normally have valuable content that they have created and need a way to monetize it. • The space they allocate to banners is then used by Google for display ads that match the interests of the audience. Source: garyfox.co Advertisers • Advertisers are a mix of different types of businesses and individuals who want to market their products or services. Examples of advertisers include: • Amazon is the biggest advertiser in the world and a considerable amount of that is on Google ads. • Small and Media sized business. Source: softgames.com Users • Google uses its own channels to promote its services. With 91% of search engine market Google itself is the channel. • Google GSuite (including Gmail) • Chrome • Google Maps • Google Analytics • Google Adwords • Google Developer • Google Cloud • Android Devices • Google Home Source: investopedia.com Google Ads and Search Advertising • Google’s AdSense program allows websites not affiliated with Google to use Google display advertising on their sites. • A large portion of Google's revenue comes from advertising. Source: investopedia.com AdSense Network • Google’s AdSense program enables non-Google websites to incorporate Google display advertising on their pages. • AdSense ads work similarly to Google’s onsite advertising but are displayed on Google-approved sites anywhere on the Internet. Source: investopedia.com Revenue Streams • The Google revenue model is primarily driven by online advertising – display network, pay per click and cost per impressions. Source: investopedia.com