(apologies outright for any spelling/grammatical errors. Blogger has been giving me issues lately)
Lets take a look at Google's attempts to enter into the US Social Networking industry. Google likes to first attempt and acquire companies in new business areas that it wants to break into. If that fails then they attempt to create a competing product. With regards to US Social Networking, this strategy is a bust.
2003: After the failed takeover bid for one of the original Social Networking companies Friendster, Google sets it eyes to create its own service to compete in the market. Okrut was born, but so far has only performed will in India and Brazil and did not see much success within the US.
2010: Google Buzz was supposed to change the way that people lived and collaborated with each other. The initial announcement of this product made many social networks nervous as it was going to be run out of Gmail accounts and would launch with millions of users worldwide.The beta had some promising features but the overall usability was extremely cumbersome and not intuitive. This is coming from someone who beta tested the product and knew right away that it wasn't going to take off.
One of the main issues with Buzz was that when it was released it was done so to all Gmail account members, without their knowledge and immediately began sharing information. The public outrage at such an outright violation of privacy has put a ten year long SEC privacy audit on Google that could hinder the future performance and creativity of the company.
2011: It is one year later and Google has released individual profile pages for users. Take a look at mine https://profiles.google.com/AEsposito88/about. Could this be the precursor to Googles new, simplified approach at building their own social network?
Googles Facebook Like
Googles +1 and its affect on PPC
This article on the new Google +1 feature almost solidifies my assumption. The +1 feature is going to be the google version of a like/retweet and it will require users to have a Google Profile in order to +1 an advertisement/webpage. Google has stated that the amount of +1 and how many of your Gmail "contacts" that +1 a Google search result will affect its search ranking.
Do i think this will be successful? Yes and no.
Yes, I strongly believe that it will be successful for Big Brands and SEO companies as they would not only get the most value out of this feature, but they would have a large fan base and/or employees to gain +1's from. Some companies could even make it an initiative that all employees create a profile and +1 the webpage/advertisements. (unless this would be against +1 guidelines) The main advantage of this would hopefully be higher search standings and higher CTR for advertisements.
No, i believe it will fail for the individual user and as a type of social network. I have doubts that most people will go out of their way to create a Google profile just to +1 an advertisement or webpage. I hate to say this but we will just have to wait and see what happens. You can bet yourself that i will be keeping an eye on the implementation and success/failure of the Google +1.
Best Regards,
-The Marketing Ninja
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