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Financial Problems
google said the number of G + users has decreased significantly and the
average login time to use G + of each account is 5 seconds.
In addition to G + users for SEO, individual users are few because they find
G + more boring than FB. Therefore, the revenue of G + is not high.
By early March 2018, G + was discovered to have leaked more than 500
million user accounts, causing G + to stand before the US Congress hearing
and make Google stock prices drop significantly. Later, Google accelerated
the G + Death schedule to avoid risks for both users and google.
3. Market opportunity
One of the biggest strengths that allows Google+ to attract users from other
social networks is the ability to integrate and interact with Google's online
services and features.
This can be overlooked from the ability to search documents in clips,
integrating the navigation bar in the right corner of the product, allowing
you to control events happening, sharing data with friends without
interrupting service Google is using.
In fact, with millions of users working with Google's free services like
Gmail, Docs, and Search ... Google+ clearly has a big advantage when it is
closely linked with the previous seniors. A user who is loyal to Google
products will surely have more reasons to use Google+.
If you own an Android phone, you will immediately have easy access and
convenient interaction with the Google+ app. The features supported on this
mobile platform are also very complete.
In the future, it is obvious that Google will make every effort to improve
and bring Android devices closer to Google+. This is also one of the
strengths that Google hopes will attract more users from Facebook.
Facebook's mobile application has a nice interface, but it is not really
handy. Currently, the version of Google+ for iOS has been released to allow
users of iPhone, iPad and iPod Touch to interact well with the new service.
Potential Customer
As we know that Google is a technology giant with many useful and free
features like Pisca, Gmail, YouTube, Drive, Maps, Docs, ... so they have a
huge amount of users (counting to 2016 is 1 billion users).
It is because of the potential of such big customers that the opportunity for
them to switch to using Google+ is possible.
4. Competitive environment
competitors
have to compete with two big guys, Facebook (over 2.2 billion users) and
Twitter (328 million users)
Feature war:
Facebook has ability to enable search features and can blow out their inbox
features since they have the developer chops from Friend feed, Gmail team.
Secondly, Google+’s features are status quo, that enable email platforms to
quickly catch up
customers
They are used to using Facebook, twitter and are afraid to change social
networks.
They are also afraid of losing the friendships they already have, losing data
about brothers, videos, posts, ...
5. Competitive advantage
G + has features that are different or better than competitors such as:
Circle
If on Facebook, user add all close friends or not, join a friendliest then with
Google Plus, Circles feature will create very specific circle of friends such
as "Colleagues", "Buddies", "Favorite friends" or "Friends who meet at a
party accidentally". After the user arranges all his friends into different
Circles, everything user uploads to Google Plus, including status, videos,
images or music links will only show up to a group of friends that user
appointed only.
The purpose of Google Plus when building this feature is to ensure that user
information is posted to the right people and the information security in a
virtual world with too many risks of revealing fish information multiply.
Sparks
It is also an interesting feature added by Google to its brand new social
network. All the good information, songs, videos collected by users on the
Internet will be stored here and become a private online collection,
whenever user wants to share with their friends can access Quick update
with just a few simple steps. Relevant data such as songs of the same
singer, the film of the handsome actor whose favorite teen will also be
listed and introduced by Google Plus.
Hangouts
Hangouts again allows user online video chat with up to 10 people in the
room. If the room is having a very interesting topic and attracts many
people interested in discussing, please invite lots of friends to use Hangouts.
Instant Uploads
It is an array-oriented utility that helps mobile devices participate in social
networks. With the permission of mobile users, photos and videos that users
take with their mobile phones will immediately be uploaded to a separate
album on Google Plus. The immediate sharing of beautiful photos sparkling
user with friends so become extremely easy (At this time, Facebook is just
about to launch video chat feature) .
Connecting through
Google+ also creates a seamless link between all services in the Google
system. When you select a nickname for your Google+ account, this name
will be changed synchronously on all other Google services you join such
as Picasa, Gmail. Your information on networks sharing photos and videos
with the Google system can be displayed right on Google+.
6. Market strategy
Number of people use popular social network (in billions)
Skype, 300
Twitter, 326
Google+, 327
Facebook, 2271
Instargram, 1000
Messenger, 1300
With such a large market share of social networks, Google plans to acquire a
large amount of money through G +. Let's take a look at the big sales of these
big guys as follows:
Twitter said there were a total of 321 million monthly users by the end of
2018. Twitter also reported a record revenue of $ 909 million in the fourth
quarter of 2018, up 24% from the same year in 2017.
Revenue of Facebook in quarter 4/2018 reached 16.9 billion USD, growing
30% compared to the same period in 2017. Profit per share reached 2.38 USD,
up 65%. The number of daily active users increased to 1.5 billion. The number
of active monthly users increased to 2.32 billion people. Revenue per user
reaches 7.37 USD. Most of Facebook's revenue still comes from advertising,
accounting for 93% of total revenue.
Instagram has a really successful 2018 when it brings a lot of revenue and huge
profits to Facebook. Since Facebook acquired Instagram, what they receive is
extremely significant from updates, or dramatic changes to the users. This year
the social network is estimated to generate $ 8-9 billion, and one thing to note
is that according to forecasts from Jefferies, Instagram will bring in $ 14
billion in the upcoming 2019 for Facebook tycoon.
In the quarter 2/2018, Alphabet has increased its total revenue up to 26%
compared to the same period in 2017, the revenue of the giant "Alphabet"
reached 32.7 billion USD.
The explosion of social networking sites has exceeded the imagination of every
financial investor. Although they are the first to sponsor websites like
Facebook and Twitter, most venture capitalists may not dream of these sites
gaining popularity worldwide.
All companies need money to cover operating costs. Without investor support,
Twitter may have to shut down a year ago. However, some investors believe in
Twitter's business plan and decide to stick with the company.
Direct advertising
This is a really good way to make money. Social networking sites design some
really smart ideas to help market products, services, businesses and
individuals. Their methods are similar to marketing on television or radio.
How do you think TV channels make money? They charge a fee for each
certain time frame for advertising. On social networks, you get a space for a
certain number of occurrences. This is simply a giving and receiving
relationship. Websites need money to operate, manage, develop and research to
create better services and experiences for users.
Adding "high-end" tags is a popular method in the service industry and social
networks like LinkedIn and Google + have used this tactic wisely. They give
you the option to upgrade your account and then you can market your products
with premium services that normal users don't have.
Having multiple levels of service with the highest level is the most functional.
They provide users with tools to optimize marketing techniques and reach out
to the user objects you want to target. Additional options such as detailed
profile of site visitors, demographic division and unlimited options are made
available to individual and business customers.
Believe it or not, there are reports that companies like Facebook are trading
user data to make money. The question here is who will buy your data? Big
companies really need data to contact other individuals and businesses.
For example, if you own a business site on Facebook for a barber salon, surely
big companies involved in this field will be willing to pay for that data. They
can contact you to sell beauty salon products or they can optimize the ads for
many people to know.
Even though Facebook says, they maintain partnerships with data mining
companies just to enhance the advertising experience, but experts doubt about
this statement.
Selling products and services also earns a large amount of money for social
networks. For example, a link on a social network that leads directly to a
purchase page, the company will have to pay a certain amount of money to the
social network to help them sell.
This method is quite different from advertising but just need to imagine the
profit you can make from selling 1000 products a day. Now think that
thousands of products are sold in the world. Therefore, e-commerce creates a
great source of revenue for social networks.
Other techniques
Moreover, users use horoscopes, shopping and work apps that can buy and
access premium features. Social networks receive a certain amount of money
from those resources.
First of all – If your business has a physical location, it’s important that you set
up and manage the correct type of page. This will put your business on the
map quicker (once you get your location verified) and it is the next step to
being found easier through Google search results.
Brand aligned – Being guided by your brand strategy, make sure that your
profile reflects what your business is and stands for. What is your mission?
Why are you in business? Are you using the right graphics to communicate
what you want to communicate?
Don’t forget the details – On a more technical side, is your Google Plus page
verified and linked with your website? Have you filled out all the contact
information and the contributing links to link your profile with what’s out
there in the interwebs ?
Make sure your Google Plus profile or page is optimized to communicate its
message in the quickest and most effective way possible.
7. Organizational development
2011
June: The unveiling
Google+, also referred to as Google Plus, was a social networking service
operated by Google that launched on June 28th, 2011and led by Vic
Gundotra and Bradley Horowitz.
July: Real Names policy
In an effort to compete with Facebook, Google also enforced a “real names”
policy:Google began deleting their accounts for non-compliance in
Google+
August: Social search
The company announced Google+ posts would begin appearing in “social
search” results that showed when users were signed in. Google called this
new toggle “search plus your world.”
2012
January: Forced Google+ account creation
Google began to require users to have a Google+ account in order to sign
up for Gmail.
March: Google + 1
Google have started with was its “+1” button in Google+ — the clicks
would generate piles of data tied to users that could then be searchable,
private by default and shareable elsewhere.
June: Google cooperated with social medial news readers Flipboard could
certainly help Google+ begin to accelerate its user base
November: Google develops Hangouts feature - Video Call on Google+
December: Google adds Communities on Google+
a way for people to set up topic-based forums on the site. The move was
made in hopes of attracting more consumer interest, as growth had slowed.
2013
September: Google+ infiltrates YouTube
2014
April: Vic Gundotra, Father of Google , leaves Google .
Google lost its founder. In April 2014, it was announced that Vic
Gundotra, the father of Google , was leaving the company.
July: Google drops its “real name” rule on Google+ and apologizes
Google had started rolling back on the real name policy in January of 2012
by opening rules to include maiden names and select nicknames straight-up
apologized for its decision around real names and hoped the change would
bring users back.
2015
July: Google decided that Google+ pulled from YouTube
November: Google got a big revamp on Google+ in November 2015
2016
January: Google decided that Google+ pulled from Android Gaming
service
August: Google decided that Google+ pulled from Play Store
2017
August: Google removed share count from +1 button on Google+
2018
October 2018:
In total, 496,951 users’ full names, email addresses, birth dates, gender,
profile photos, places lived, occupation and relationship status were
potentially exposed when they use Google+. Google says it doesn’t have
evidence the data was misused.
2019
April 2019:
Google officially closed Google+ service after 8 years of service setup
8. Management team
Vic Gundotra
He(born June 14, 1968 in India) was a businessman born in India, who
served as vice president of the Google company until April 24, 2014.
Before joining Google, he is a general manager at Microsoft.
Gundotra joined Google in June 2007. He held responsibilities as a vice
president of society including, social networking of Google and identity
services, Google+.
In addition to Google+, he is widely recognized for his contributions to
Google Maps and Google.
On April 24, 2014, Gundotra announced his resignation from Google after
nearly 8 years of dedication.
- Partner:
6/2012 Google+ cooperated with social medial news readers
Flipboard could certainly help Google+ begin to accelerate its user
base.
Bradley Horowitz, a Google+ vice president of product management,
unveiled the partnership plans with Flipboard at a technology
conference in London. The deal will add users' Google+ news streams
to the Flipboard app for iPhones and iPads, joining similar streams of
user content from Facebook, Twitter, LinkedIn, Tumblr and
Instagram. Flipboard allows users to bring together all of these forms
of content in one place on their personal devices, making it easy to
sort, read and review.
Google was opened up its Google+ API to give Flipboard users access
to photos, videos, updates and more from the social network, all
within the Flipboard app. That would allow users to access Google+
posts without having to go view them on the site itself using a
browser.
September: Google+ infiltrates YouTube