3. Listing of alternative courses of action that could be taken for the next year.
1. Stay the course
1. Google is a very well known and established search engine, they have a strong brand name and many prefer Google 1. “Amid search engines like Yahoo and Bing, Google has remained at the top of the food chain, today holding nearly 80% of global search engine market share.” https://www.forbes.com/sites/forbesagencycouncil/2017/06/05/how- google-came-to-dominate-search-and-what-the-future-holds/? sh=6ff083d03872 ii. They have seen great success and would be on a great path if they continue to do what they are doing such as: iii. Continue focusing on innovation 1. Platforms such as Nest, Waze, Fitbit etc 2. “Every year Alphabet spends billions on Research and development. This year the brand increased its R&D spending from 14 Billion dollars last year to 16.6 Billion dollars. Its R&D expenses are around 15% of its entire revenue which makes it one of the leading spenders on R&D in the entire industry.” https://notesmatic.com/2018/09/alphabet-strategic-analysis/ ii. Continue acquiring smaller companies 1. “The company recently acquired fitness technology company Fitbit. Acquiring smaller companies often eliminates emerging rivals, thus reducing competition for Alphabet” https://www.investopedia.com/investing/companies-owned-by-google/
2. Change target audience
Google is one of the biggest online search engines o Google has branched off of only being a search engine; including Google Drive and Google+ One aspect of Google+ is “Google Hangouts” o Similar to Zoom, Google Hangouts allows consumers to hold videoconferences During COVID, Zoom and Microsoft Teams have been heavily used by companies, schools, friends, and family. o Microsoft Teams → 115 million users oct 2020 https://tomtalks.blog/2020/12/microsoft-teams-statistics/ o Zoom→ 300 million users april 2020 https://www.businessofapps.com/data/zoom-statistics/ Google is getting rid of hangouts by the end of 2021 https://www.xda- developers.com/google-hangouts-replace-free-google-chat-2021/ Google could continue on the path to end Google Hangouts this year, but they could introduce a new version of what Hangouts used to be. Creating a new platform that is all around better than hangouts can target places that are currently and plan on continuing to do e-learning, working from home, or catching up with friends and family via video calling. o Hangouts was pushed via gmail, so it was not widely known. Google also has google classroom, but those meetings are only available if schools use gmail/google chromebooks. In order to move past those issues, Google’s new platform can be offered to anyone, just like Zoom. o Zoom has had many complaints throughout the year of usage, but has not seemed to do anything about them. Google can see what those complaints are and make an all around better platform that is easy to use. o Google Hangouts was hardly advertised to consumers. In order for Google’s new platform to succeed, it needs to be heavily advertised. This will allow consumers to be informed of what Google is doing. 3. Data Mining/User Transparency Since Google is the largest search engine people know that they have to be storing their data and using their searches for profit. o “Google collected a trove of students’ personal information, including data on their physical locations, websites they visited, YouTube videos they watched and their voice recordings, Hector Balderas, New Mexico’s attorney general, said in a federal lawsuit.” https://www.nytimes.com/2020/02/20/technology/new-mexico-google-lawsuit.html People are becoming increasingly more scared of the internet tracking their data o “Automated profiling of groups and individuals is a common practice in our information society. The increasing possibilities of data mining significantly enhance the abilities to carry out such profiling. Depending on its application, profiling and data mining may cause particular risks such as discrimination, de- individualisation and information asymmetries.” https://www.sciencedirect.com/science/article/abs/pii/S0267364910001767 The algorithm for ad pop ups is not transparent and can lead to users feeling uncomfortable 4. Overseas Expansion Google relies on word-of-mouth advertising and viral marketing to increase viewership, but this does not always reach overseas o “We're living in the age of 'always on'. Today, billions of consumers across the globe are connected to the internet whenever and wherever they go. This poses a huge opportunity for businesses that embrace the internet to reach and engage potential customers in overseas markets.” https://www.thinkwithgoogle.com/intl/en-gb/future-of-marketing/digital- transformation/new-opportunities-in-the-connected-world/ Emphasize on the opportunity to connect people through languages “In May 2000, Google launched the first foreign language versions starting with 10 European languages. By September of that year, it expanded to include Chinese, Korean and Japanese.” https://www.techwalla.com/articles/googles-global-expansion-strategies
Cross-Media Convergence, A Concept Emphasizing How Companies Cooperate and Work For Each Other, Intertwines With Henry Jenkins's Theory of Transmedia Storytelling