By Larry Page and Sergey Brin in
January 1996 google began as a research project, at Stanford University
California when they were both Ph.D. students. While by counting how many times
the search terms appeared on the page conventional search engine ranked
results, among the websites, two theorized about the system that analyzed the
relationship. PageRank is a new
technology; by the number of pages, a web site's relevance's is determined, as
well as to the original site the importance of these site linked back.
"BackRub" is the new search nicknamed originally by page and Brin, to
check the significance of place the system checked backlinks. They modify the
named as Google company, eventually. On September 15, 1997, for Google, the
domain name was registered. On September 4, 1998, the company was incorporated.
For its PageRank mechanism, in
2001, Google received a patent. To Stanford University was officially assigned
the license and as the inventor lists Lawrence Page. In 2003, two other
locations after outgrowing, from Silicon Graphics an office complex the company
leased, in Mountain View at 1600 Amphitheatre Parkway, California. In 2005, for
Google in third-quarter profit on a 700 percent increase the Washington Post
reported, from newspapers, magazines, as well as television to the Internet
largely thanks to large companies shifting their advertising strategies.
Through Google's MapReduce, in January 2008, software component had an
aggregated size of 20 petabytes per day all the data that passed. About top
political search, a report was published CNN in 2009 noted that " a
billion searches more than " on a daily basis are being typed into Google
Company.
For the first time visitor to the
Google exceeded to one billion, in May 2011, from May 2010 8.4 percent
increase. In annual revenue first time Google Company generated $50 in 2012,
previous year it was $38. Then-CEO Larry Page commented, in January 2013 with a
strong quarter "We ended 2012. Year-on-year revenues were up 36%, as well
as 8% quarter-on-quarter”. And for the first-time last year in revenues, we hit
$50 billion– in just a decade as well as a half, not a bad achievement.
On September 27, 2013, its
15-year anniversary Google celebrated as well as on web browsers around the
world in 2016 it celebrated its 18th birthday with an animated Doodle shown.
Although for its official birthday it has used other dates. Best Global Brands
report, in the world, were the second most valuable brand has Google (behind
Apple Inc.) with a valuation of $133 billion in 2013, 2014, 2015, and 2016. As
of October 2016, in more than 40 countries Google operates 70 offices. In the
top 100 most visited websites also figure several other Google services,
including YouTube as well as Blogger.
Google Company SWOT Analysis
Firm internal competencies as
well as the external factors that influence how these competencies are utilized
through the help of Google's swot Analysis. In online advertising, the firm has
a leading position. World's valuable brand Google's company has. Moreover, in
this success path to continue, in its business environment, Google must address
the threats, while at the same time exploiting opportunities. In discussing the
risks to the business, this SWOT analysis describes the company requirements or
needs to continue with its effort. After getting the complete knowledge about
the opportunities as well as risks, in the SWOT Analysis strength and weakness
identified, stronger competitiveness can be expected by Google. Threats Company
must perform best (Thompson 2017).
Internal Strength & weakness of Google Company
To support its growth a Company's
strength must be sufficient, Swot analysis model. Here we describe some of
Google's strengths:
Image of a brand is powerful
Original proprietary products
Business of expanded
Organizational size of Company is
large
Over time these strengths
indicate that Google is growing as well as has improved. Its market is
expanding, shows the company diversification of product. To fight off
competition as well as new entrants these strengths are beneficial.
Google’s Company weaknesses
To its business, Google's company
weaknesses present challenges, in spite of its market dominance. A firm's
weaknesses could prevent its growth, in the model of Swot analysis. Here are
the following shortcomings of Google;
On the internet dependences
Physical appearance minimal
For the improvement of internet coverage
in developing countries, Google’s wait for the reliance on the internet means.
To expand the various operation for example online advertising in different
countries. Google is already doing an online business that is weak in competing
against firms through the crucial physical presence similar to Apple.
Opportunities for Google (External strategic Factors)
On technological modification are
mainly based on the firm's chances. For business growth opportunities are
channels, in the swot analysis model. Here are the following google opportunities;
Mobile users more tap
Google fiber expand
Consumer electronics from
penetrate markets.
By offering a mobile-friendly
product, Google could exploit the current trend of increasing mobile device.
For the business to generate more revenue, the company also expand the fiber
coverage. In offering consumers electronics, the firm can boost its
aggressiveness, for example, Google's Nexus devices (Sarsby 2016).
Threats Google is facing
Google's performance could reduce
the risks. In the model of swot analysis, from business growth threats can
prevent. Following risks that face in Google business discussed below;
Tough Competition
Some products limitation
The company faces fierce competition.
Products Similar to Google's which give Competition are like Yahoo as well as
Apple, along with start-ups as well as regional firms.
Findings of Google Company
The company has adequate
strengths shows by Google's Swot analysis. Its weaknesses to address, its
physical appearance presence the company must enhance, for example, this is
done by promoting as well as the opening of more physical stores. In the United
Kingdom, the company has already started opening physical stores, in recent
times yet has not continued to do so. The threats of competition as well as a
limitation the firm must emphasize the effort against it that depends on the
SWOT analysis. Identified in the SWOT analysis the Google's can expect
excellent performance upon effectively addressing these factors of strategies.
Business Level Strategies Google Company
There is a ten business
strategies level of Google's company to remain in the market. The changing face
of meeting on the web. Google focus on the user, Believe in constant improvement,
Priority of speed, physical presence at the desk is not required, make legal
money, on one topic has endless information, superior the need of information,
by enjoying it take works seriously as well as Betterment of Hungry these are
the business level strategies that explain below;
On the user Google focus
By providing clear and
straightforward homepage Google's first policy is inspiring user’s experiences.
Believe in constant improvement:
Solved Google searched very well
as well as is continuously working to make it better, in no small extent this
enhances the Google Company.
Priority is speed of Google Company
Seeking answer to the search
questions Google's belief that it should be done faster. In the world, they are
the only people in the world as soon as possible who want users to leave the
page. To match modern needs, google chrome is the fastest browser as well as to
make it even better continuous work is being done.
Democratic approach is used by Google Company
Millions of individuals depend on
Google who posts their links on websites to determine other sites as well as
also provide good quality content. For its innovation, Google has open source
software development. By Google's highly qualifies professional programmers
these innovations are done.
Make the right money Google Company
By posting your ads, the google
will help you to earn money with the help of AdWords. To deliver ads relevant
to their site content by taking advantage of the AdSense program.
Superior the need of information of Google Company
In different languages, Google is
available as well as it is assessable in all countries.
Important for long-term success of Google Company
A general Business level strategy
of differentiation presently by use of Google. Many different sorts of a
product as well as services Google has a broad and robust consumer base. Over
its competitors, this strategy gives a competitive edge to a Google. For its
search engine service, Google is mostly known. Page rank algorithm is
continuously updated to achieve a reliable result. An employee of Google keeps
their page rank secret which becomes difficult for the competitor to create the
intangible products and however, competitive advantages of Google continue for
a long time of period. Gmail, Google Earth, AdWords, Picasa, Google Chrome, as
well as the G1 phone Google are segmented into these segments in the market.
The most significant advantages
of this strategy are that it develops customer loyalty. The most common search
engine is the Google web search engine as well as this is used because of their
simplicity and reliability. In the online advertising market, 69 percent holds
by AdWords business of online (UK Essays 2016).
Corporate level strategies of Google Company
Here we discuss the four main
types of corporative level strategies:
Strategy of Stability
Strategy of Growth
Policy of Retrenchment
Plan of Combination
Strategy of stability of Google Company
Stability approach is used by the
company and set it current development as steady. On its resources in this
strategy company will focus on it as well as in the market also develop a
competitive advantage?
Growth strategies of Google Company
For sustainable growth strategy
company has selected.
Strategies of Retrenchment of Google Company
Survival of the company is on the
stake when the retrenchment strategies are coming. It has the following types
like a strategy of turnover, a policy of disinvestment as well as a plan of
liquidation.
Strategies of combinations of Google Company
It is the mix of all steadiness,
development, and conservation either at the same time or else successively. It
is elusive any organization tailing one of the previously mentioned techniques,
as a rule, organization pursues mixes procedures in this unique and
consistently evolving condition. Through transformational changes, Google's
Corporate Strategy is to quicken development as well as strengthen mark
unwaveringness while making an open-source condition. Its corporate techniques
expanded corporate generally esteem. It includes vital arranging at a corporate
level and regularly called corporate strategic arranging (Goldfarb 2014).
Analysis of Google Company
In the fast cycle market, by
first movers benefits are mostly driven. In rapid cycle markets, the product
firm lacks loyalty. For gaining market share will struggle the rapid cycle
markets firms. In a fast-cycle market, proceedings over a patent as well as
copyright infringements are additionally common and intense because the market
is innovation-driven. In fast-cycle markets to earn quick profits companies are
required because in producing innovative products the technology used by them
is not proprietary, as well as prices of the components increase very fast as
well as fall quickly the costs of the products and sometimes competitors
counter attack rivals (Awais and at.al 2012).
Google to survive need to rely on
advancement and the improvement must spotlight of new upper hands, in fast
cycle markets. Google innovation isn't anything but trying to emulate, and
along these lines, it turns out to be excessive. At the point when Google
innovation stays a mystery, it will take the firm an aggressive edge over its
rivals and make rivalry dynamic. Hence, Google will grow a high piece of the
overall industry, making progress toward client mark reliability, and
furthermore, control their activities to give clients steady encounters. Upper
hands are halfway manageable if the firm can consistently update the nature of
its capacities making its upper hand dynamic. Quick cycle markets are unstable,
and the pace of advancement is violent, and in this way when Google is put in a
rapid cycle, it additionally needs to experience fast developments to acquire
benefits and to take the upper hand.
While for an extended period are
shielded with imitators and make costly imitation, in slow markets firms. Even
in the sluggish market, by its competitors on the launch of new product, Google
could expect a counter attack. To gain market share it has to concentrate on
protecting its unique competencies if Google is placed in the slow-cycle
market. In learning competitive advantage, Google finds difficulty over its
competitors, in a slow cycle. In a quiet period, Google would be benefited
because by its competitors it will not be well understood as well as its
simulated is costly (Girard 2009).
Recommendation on Google Company
Through product diversification
for Google, the strategic recommendation continues to maintain its competitive
advantage. In the search engine diversifying its product portfolio industry in
ensuring that Google reaches a broader audience would be instrumental. For example, for various applications such
as Google Maps, Google Earth, Google Maps, along with Google toolbar among
others Google offers numerous search engine tools. Versatile Operating System
Mobile industry is one of the critical objectives of Google methodology. Open
stages (gadgets, administrations, systems as well as applications) are as of
now in Google techniques. Google can likewise gain by its various activities by
misusing its center abilities. Google has a heap of center skills, for example,
great organization culture that draws in a pool of best ability required for
advancement, advertising, and brand value. In its individual activities, these
center capabilities will play a vital in guaranteeing that the organization's
piece of the overall industry increments. It is recommended that to focus on
the maintaining of the users' experience. It will be long-term (Fesenmaier, Wöber and Werthner 2006).
Awais, M., and at.al. 2012. "Advanced Swot
analysis of e-commerence." International Journal of Computer Science
Issues 569-574.
Fesenmaier,
Daniel R., Karl W. Wöber, and H. Werthner. 2006. Destination Recommendation
Systems: Behavioral Foundations and Applications. CABI.
Girard,
Bernard. 2009. The Google Way: How One Company is Revolutionizing Management
as We Know it. No Starch Press.
Goldfarb,
A. 2014. "What is different about online advertising?" Review of
Industrial Organization 115-129.
Sarsby,
Alan. 2016. SWOT Analysis. Lulu.com.
Thompson,
Andrew. 2017. Google’s SWOT Analysis & Recommendations. january 28.
http://panmore.com/google-swot-analysis-recommendations.
UK
Essays. 2016. Business Level And Corporate Level Strategies Of Google
Marketing Essay. december 5.
https://www.ukessays.com/essays/marketing/business-level-and-corporate-level-strategies-of-google-marketing-essay.php.