Google makes money through advertisements on its Google map application. Via this, Google awarded application businesses pay to Google to have ads placed on their search engine. Though many of the Google applications are free of cost, Google does not offer ads that you see on Google maps as a goodwill gesture. Google monetizes its map application by letting businesses embed their logos on the maps, which Google provides free for others.
Google maps provide the Google Map application for businesses in which pricing starts from $10K, which enterprises use. The free application has certain limits as it does not provide technical support and high resolutions.
Google maps for pricing for business applications is divided into 3 categories:
The company recently announced the new types of ads within Google Maps that analysts at Morgan Stanley believe could help the business deliver $1.5 billion in incremental revenue in 2017. Maps is an integral part of using a mobile phone, and as users get more interested in the real world around them with A.R. and so on, expert think Maps will continue to play a bigger role.” And that’s the way how Google makes money from Google maps. As per the survey, Google maps applications generate nearly 96% of the company's income.
Posted on 2023-04-04 By Admin
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