One part that I really struggled with was deciding whether or not social media was an opportunity or a threat. I am very bearish on Google+ and no not expect Google to ever gain a market share in social media. However, the opportunity is techincally there. The reason I considered it may be a threat is that companies like Facebook are taking online advertising dollars away from Google. I could be swayed either way on this and hope my group members can provide some input.
Thursday, September 6, 2012
Google SWOT Analysis
Using the SWOT analysis matrix from the lecture slides, I performed the below analysis on Google. In completing this analysis, I tried to view the company as a whole from a reasonably high level.
One part that I really struggled with was deciding whether or not social media was an opportunity or a threat. I am very bearish on Google+ and no not expect Google to ever gain a market share in social media. However, the opportunity is techincally there. The reason I considered it may be a threat is that companies like Facebook are taking online advertising dollars away from Google. I could be swayed either way on this and hope my group members can provide some input.
One part that I really struggled with was deciding whether or not social media was an opportunity or a threat. I am very bearish on Google+ and no not expect Google to ever gain a market share in social media. However, the opportunity is techincally there. The reason I considered it may be a threat is that companies like Facebook are taking online advertising dollars away from Google. I could be swayed either way on this and hope my group members can provide some input.
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I would consider social media as an opportunity, even though Google+ is kind of floundering at the moment social networks are a fickle beast and Facebook has been taking a veritable BEATING lately due to its IPO, so I would imagine that Google+ could grow downstream and be additional revenue, as the social network advertisement does not necessarily cannibalize the advertisements that Google can add to is searches, etc.
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