TECHTOTECH
BY:BHAVYA DUGAR
HELLO
EVERYONE!!
I’m back with
an one more post in which I will tell you HOW GOOGLE MAPS MAKE MONEY?.Everyone
don’t know that how Google Maps make money and it’s a successful app that earns
in billions and help peoples to reach their destination if they are new In any
Country/State or any part of world.
Don’t get confused I’m going to tell you that how Google Maps earn money and with proper examples I’ll tell you about how Google Maps earn money
Let’s first know about what is Google Map:
Everyone might have used Google Map but if you have not used it till now go and use it it is really an amazing platform that helps you to reach at your destination.And it also advertises big companies to increase their revenue.I told you in short form that what is Google Maps.
NOW LETS KNOW ABOUT HOW GOOGLE MAPS MAKE MONEY?
.The majority of
their revenue comes from advertising.When you search for a business on Google
or Google Maps,It lists the local businesses as a Map results
Advertisers pay to have their listing featured more prominently in this
map result.
.For eg,if starbucks wants to show up at the top of search results in “coffee shops near me”,It can pay Google Maps for this listing
.Goggle also
earns income through its Google Maps Platform from companies and industries
that need navigation,tracking and mapping
.It lends API [a
software intermediary that allows two applications to talk to each other]to
ride-sharing apps,delivery companies,and other similar companies like OLA,UBER
etc…..
.SWIGGY,for
instance uses Google Maps’API to display restaurants that are within the range
of the customer and meet their 40-Minute delivery window.Their delivery
partners also use Google Maps Directions API to route to restaurants and
customers.
.With Over
1Billion Monthly active users,Morgan Stanley estimates that Google
Maps’revenue,both from desktop search ($1.23 billion) and mobile ($9.82
billion) will total more than $11 Billion by 2023.
So,here it’s all
information that HOW GOOGLE MAPS MAKE MONEY?
Thank you for visiting my blog please do comment and share this
knowledge with everyone.
TECHTOTECHH.
@bhavya._.d
Google Maps API, Local search advertising, Geolocation technology, Location-based marketing, Mobile advertising, Local SEO, Google My Business, Street view photography, Navigation software, GPS tracking, Map overlays, Indoor mapping, Route optimization, Traffic analysis, Location intelligence, Geocoding, Geo-targeting, Location data, POI (Points of Interest), Google Maps Platform, Google Maps SDK, Google Places API, Google Maps for Work, Google AdWords Express
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