Submitted by: Submitted by mysticdacer
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Category: Business and Industry
Date Submitted: 11/02/2015 07:43 AM
SWOT Analysis (appendix 6)
Strengths:
Ÿ Trusted brand name-little need for self marketing
Ÿ Reliable and fast search results
Ÿ Simple interface
Ÿ Has a $189 billion market value
Ÿ Has a 65.6% share of all US searches and 90% share in other countries
Ÿ Geographical targeting system allows Google to attract local advertisers
Ÿ Searches yielded paid-listing click-throughs twice as often as Yahoo in 2005
Ÿ Offers advertisers more search traffic and lower minimum Cost Per Click bids
Ÿ Strong executive team focused on promoting a culture, which supports mission of “making all of the World’s information accessible and usable” per CEO George Schmidt
Ÿ Growth potential in many areas
Ÿ Android platform for mobile phones
Weaknesses:
Ÿ Estimates that between 10%-50% of all paid-listing click-throughs are fraudulent lead advertisers worried and angry
Ÿ Multiple litigations related to trademarks, use of information without permission and privacy issues
Ÿ Spreading too thin, branching in many different ways
Ÿ Being monitored closely by the US Department of Justice due to what Christine Varney assistant attorney general stated was a “monopoly in Internet online advertising”
Opportunities:
Ÿ Use Chrome as a full portal
Ÿ Create an operating system
Ÿ Push forward into the transaction sector and challenge Amazon.com and Ebay.com
Ÿ Expand in the documents sector and challenge Microsoft
Ÿ Continue to advance search queries to eliminate errors in search results
Ÿ Continue to advance in the mobile phone sector by increasing applications to facilitate checkout, directions, search related to mobile needs (hotels, food, etc)
Threats:
Ÿ Being spread too thin leaves Google open to missing the “new innovation” or technology that changes the game for everyone
Ÿ Governmental regulation due to Google’s size
Ÿ Competitors such as Amazon, Microsoft, Yahoo!, etc teaming up
Ÿ Hackers
Ÿ Privacy restrictions