Google Maps to Drive Profits
April 2, 2021
Google loves money. Google wants to make more money. How does Google make more money when it already monopolizes Internet ads and search engine traffic? Auto Evolution tells how in the article, “Google Has Crazy Idea To Bring More Ads To Google Maps.”
Google recently filed a new patent called “Valuing advertisements on a map” that essentially will put more ads on Google Maps. The patent reads:
“Depending on a user’s view of a map, different combinations of locations can be shown. Similarly, different combinations of advertisements associated with those locations can also be shown depending on the user’s view of the map and the amount of display space available for advertisements, Advertisers can advertise on a map to promote businesses that may satisfy a user’s intent, such as to identify a navigational route, to explore a geographical area, or locate desired products or services. These advertisers may also find value in differentiating themselves from other advertisers, and/or from being unique in their local area.”
Google continues that it could “have a positive impact on the user.” In other words, it is more targeted ads in places that do not need them.
Market Screener explains another way Google is trying to make money: “Alphabet: Google To Offer Travel Sites Free Hotel Booking Links.” Google will now offer hotel and travel sites the ability to list empty hotel rooms for free on price-comparison pages. The goal is to support vendor competition and give users more options. Google is under mounting scrutiny for influencing Internet commerce. Travel sites have a love-hate relationship with Google because of this influence:
“Travel sites have seen Google as one of the biggest drivers for new business. But some of them say the company is also a big competitive threat, with critics saying that Google’s travel boxes and other kinds of specialized search products increasingly keep users within the Google ecosystem, encouraging them to use Google products rather than clicking to other sites to transact business.”
Google will continue to search for new ways to wrestle money from the Internet. One wonders if they even see Amazon as a threat.
Whitney Grace, April 2, 2021
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